Currently RTS index is testing the resistance around 920. The resistance level is strong and RTS will consolidate below this level. RTS has been in major consolidation since 2011 and now the spring will be compressing, preparing for a major decline. Targets are mentioned on chart. More likely the third target will play out in this scenario, which means around 75%...
The retest of the zone has been longer than i supposed, and it was a bit more deep. In spite of this, the trade is still valid. The green zone is placed there for trade cancellation, in case if price would fix up below the zone. Keep an eye on 0,32 reaction. Targets are on chart RR is more than 5 even on the first target. NFA DYOR
Here we have local uptrend in rising channel, with the potential target around 10$. Either this local uptrend is the correction of previous downside move (03.2024-08.2024), or trend change movement - the target should be achievable for both scenario. Trade cancellation will occur in case of price would fix below 7$ NFA DYOR
Two scenario on the plate as usual: It's either a rocket or you, delivering someone's order as a courier. Support around 115 showed strong reaction on retest, so the price with the higher possibility will leave from the station upside. Second scenario still possible in case of support loss. Main zones and targets are mentioned on chart. NFA DYOR
The price has formed rising channel and returned inside of it, where further successfully retest the lower border of this channel. Targets on chart are calling the price like a teapot with the whistle. Invalidation of this scenario will be in case the price will fix below 550. NFA DYOR
Seem's that we have 2 options here: 1. We are finishing some kind of accumulation wave, possibly 4th in the current impuls, and we have already formed the rising wedge in the 1st wave of higher, for example, 5th wave. 2. This wave is not finished and we will need to visit the support zone somewhere around 44k. Reaction in the zone beside 58,7k and 60,7k will...
The price has formed the falling wedge pattern, and break it upwards. Currently, the price is testing the top border of the wedge pattern. Potential targets are mentioned on chart. DYOR
The price was moving inside the descending channel for more than 3 years, where the stock has lost around 95% since ATH. Currently, price has meet the demand zone, and will accumulate between it and closest resistance (5,7-6$ per share) for a while. Expect the price to break and retest the resistance zone soon. Potential countable target is 4x-10x till last ATH....
We had a long down trend, where the stock was decreasing for more than 2 years. Currently we have a local trend change, which would be the nice entry to ride the correction of this whole fall with the potential to see an ATH further. Trade potential is 3x-7x. Trade cancellation will occur in case of price fixation below 3.11$ with 2 full daily candles below the...
Locally the trend has changed to the bullish side and price has returned inside of the channel. The bottom boundary of the channel has been tested successfully, and now I'm waiting the price to test the upper boundary of this channel. Currently, the price is moving inside the small rising channel and the bottom boundary of that channel works as a support. Trade...
CRV has been in the accumulation phase 780 days already. The asset has formed falling wedge pattern with the signs of the end of the previous global trend. Volume inside the wedge has been decreasing. Trend has changed on the 4H (locally) and the price want to test the upper boundary of the wedge. There is a high chance, that the wedge will be broken, so...
Another company which has the time lag to the whole economy growth is WIPRO. The price has break the important level with the strong impulse, and has retested it after 5000 days since the first day of this level formation. Expecting that the price will stay above this strong level, and the asset will continue to grow. Targets are mentioned on chart. Trade...
Since the Indian economy has grown more than 2 times through the last 4 years, some of the companies still showing the growth potential and INFY is one of them. The price has break the support zone and now testing it. Waiting for the trend continuation. Trade cancellation will occur, when the price didn't manage to stay above the support zone and will fix below it. DYOR
We have an uptrend on 1D and 1W, where the price has broke up the downside channel inside of the rising channel. Price has retested the support zone, and will accumulate sometime before trend continuation. It is possible to see, that currently XAG stays near the bottom border of the bigger channel. This asset would be suitable as the investment opportunity for the...
We do have an uptrend on TRX 1D and 1W. The price has retested the support zone successfully, and now accumulating above it. Expecting trend continuation. Rising volume after long accumulation in the uptrend give us the clue, that both targets could be covered till the 2025. Trade cancellation: If support will be lost, and price would fix below it. DYOR