A wedge formed on the weekly timeframe. At the moment, the price has broken through its upper limit and is ready to go higher. Growth can be quite good.
A wedge pattern is formed on the daily timeframe, which precedes growth . Perhaps the price will make another movement within the formation, and then go according to the planned scenario.
Despite the recent fairly strong correction, the price is starting to move in an upward direction again. On a large timeframe, you can see how the price failed to overcome the main support zone and retested this accumulation zone. Buyer activity has also recovered again on the 1W timeframe. The picture looks good for continued growth. Therefore, in the coming...
At the moment, the price is moving within the ascending channel and testing its lower border, where it is likely to show growth. The trend is still upward and there are no signs of a reversal. I will consider the bearish scenario only when the price exits and fixes under the ascending channel at an increased volume, but for now the ascending movement is in priority.
On the chart, there is a noticeable narrowing of the borders of consolidation, a triangle was formed, which is a figure for the continuation of the trend. Also noticeable is the local pattern of Inverse Head and Shoulders, which also works up. Therefore, the probability of the price going up, at the moment, is high.
The other day, there was a sharp drain, which is very similar to the squiz, such movements are usually made to collect stop losses and therefore liquidity. A long shadow formed on the 4-hour candle. The price tested its mirror support level, which I wrote about several times in previous publications. Therefore, in the near future, growth is more likely than the...
On the 1m timeframe reversal Head and Shoulders was formed. The price approaches the main resistance - the level of the neck of the hype. The trend is now strictly upward. In the near future, there is a high probability of its continuation.
The upward movement occurs in a clear channel at confident volumes. Now the price is pressed to the local upper extremes. Based on this, continued growth is now very likely.
On the 4h timeframe a bullish pin-bar was formed. In the near future, it is quite possible to see a good rebound.
On the 1D timeframe, the recent downward movement can be considered as a false breakout of the ascending channel. The local picture is also quite bullish now, on the 4H timeframe. formed an inversed Head and Shoulders. Therefore, at the moment, while the price is within the boundaries of the ascending channel, an upward movement is most likely.
Under the previous idea I wrote about the fact that the price is more likely to continue the upward movement. Now a bullish pennant has formed on the 4 o'clock timeframe, which confirms the bullish mood. Therefore, in the near future, we are likely to see another upward momentum.
An interesting candle is formed on the 1W timeframe. If the close occurs above 9765$, the uptrend is likely to continue. If not, then the stub may be delayed. Therefore, I am waiting for the weekly candle to close for further decisions.
On the 1D timeframe, an upward squeeze is formed, and a triangle with a flat top is formed. My priority is the upward movement as long as the price is kept within the triangle. If the price on the 1D timeframe is fixed below the lower border of the triangle, this will be a signal for correction, but for now the priority is ascending.
A wedge pattern was formed on the 1 hour timeframe. If the price manages to break through the support level of 85.97-87.32$, I expect a further fall.
A wedge pattern is formed on the timeframe of 1 hour and 1 day. I expect the price to drop. Conservative entry into the short - from breaking the lower border of the wedge and/or from breaking the support level of 450.84-458.80$.
On the 1 hour timeframe, the pattern of expanding triangle has formed, which indicates the readiness of the paper to continue the trend for a decrease. I expect a fall if the bears manage to lower the price below the support level of 20.89-21.52$.
On the 1 hour timeframe, the flag trend continuation model is formed. If the lower border of the pattern and the resistance level is 85-87$ are broken, I expect a fall. Conservatively, you can enter the short from breaking the lower border of the flag.
Consider Lenta's shares on the London stock exchange. A wedge pattern has formed on the 1-month and 1-week timeframe. Globally, I expect this stock to grow .