matic broke the bull flag after a massive run from the neckline of the head and shoulders if we clear this resistance here we can easily see 1.17
which way will the flag break upside or downside? gartley pattern seems to indicate we see downside with the minimum target at the 50% retracement (not shown on chart) at 1400 where we can see a potential bounce and rally above high creating a bullish 5-0 pattern or break the 50% retracement and next stop is the .886 fib level at 1100
bouncing between this range looking for a move back to the bottom after breaching buyside liquidity and creating this fair value gap makes it suspect for a move down to 22975 and then 21790 before we bounce or breakdown
hot sector in chinese stocks which seem to be breaking out nio looks extremely bullish with these three consecutive higher lows akka three rising valleys leave a like and follow for more
Following our previous post on point hitting pt2 do get Pt3 or we bounce my eyes are on fomc Wednesday
Can we hold demand and make a double bottom on ab=cd pcz (pattern completion zone) or do we lose it and continue the bear trend
shop looking to come back to major higher time frame demand after rejection of supply
breaking this t/l support looking to a make a move back to demand where we previously made a double bottom which we will see whether we bounce and get ready for next run or we lose demand and we make more lows
breaking the bear flag should between 47.5 and 44.6 where we could continue the bull trend due to the fundamental increase in fertilizer prices as we saw last market crash in 2008 this made highs of 162.89
nvda just rejected critical prior support seemingly turning it to resistance after making another lower low do we bounce off demand or break and make a move towards the next demand
canadian dollar strong against the yen forming a massive bull flag which measured move takes us to 111.25 but we first have to clear resistances above first locally at 101.25 where I see us rejecting and retracing back to level from which it broke as "price tends to retrace back to level from which it broke out from if that level is held as support then the...
long term buyers love this area where they keep to DCA (dollar cost average) as we can see this huge influx in vol i will look to long to take it back to top of range with profit taking levels at 104 and 113.99
making a double bottom in a demand zone paired with bullish div on rsi looking for a clean break of 162.12 for a move back to ath
MONSTER looking to gain some energy here after breaking out I will be waiting for a retest of 88 to start some long dated call options along with equity for profit targets of 93.81 and 98.82 and will keep my stop loss under the right shoulder in the 82 area
Bbig after pumping in demand zone which it does so well after creating a double bottom is now at our first resistance really impressed by how we held our gains today so if we break 3.46 it only makes sense that it’ll do what it usually does and to 4.08 then 5.30 and if we break those I’d be surprised if we don’t hit 7.50 #bullish #shortsqueeze
Price tends to retrace back to area from which it breaks out from if that level is held as support then the breakout is confirmed and gold brokeout from a cup and from a cup and handle it has been forming since 2010 we are now back testing level that it brokeout from confluent with the monthly 9 ema which is a huge sign of strength
eth in middle of forming a rising wedge pattern we have a resistance that its under at 2841 that should take it to about 2800 which is next support where from the I see us bouncing to test 2890 which if we break there we should see a push into demand
abr holding up fairly strong against rest of market with great paying dividend will look to go long with break of range at 17.75 breakdown of range would be below 17