USDJPY is in strong bullish trend and also form bullish flag pattern. Recently the instrument has break through important support zone. Now the price is trading within the bullish flag and seems like it getting ready to break it. Will the buyers took benefits from these bearish confluences?
I was thinking to wait till tomorrow till I post this analysis so more people could see it but oh well, let us do it today cause you never know what happens. I think this is one of the most important charts when following crypto markets. (cause it shows crypto markets money inflows and outflows). Bitcoin has broken out already from this years highs week ago (I'll...
After a sharp drop earlier this week, I am predicting that there will be a slight pullback where the price will try to cover the imbalances. Target 2050.
Posting another quick update here on the SPY as it closed last week sitting on its 50-day SMA, after the 50-day SMA crossed below the 100-day SMA, while simultaneously rejecting the .50 FIB level. The SPY is holding yet another bearish megaphone as buyers and sellers continue to fight, accompanied by some slight bearish divergence on the RSI. Just some key FIB...
After being shorted to the N'th degree, and finally breaking out of the downwards channel EQT has been holding, EQT is seemingly consolidating here within a symmetrical triangle, as buyers continue to step in. After breaking out of the downtrend, EQT has formed an inverse head and shoulders on the daily timeframe, along with finding support right in the FIB...
After finally retracing, the lithium sector is starting to look ready to breakout with buyers starting to step in. Watching LAC & PLL closely here as both are holding massive falling wedges, however, PLL is seemingly forming an ascending triangle as well on its weekly timeframe (See Attached Chart Below). Additionally, PLL is holding the same falling wedge on the...
AUDCAD is reaching to very strong demand zone. As the pair is still in local bearish parallel channel, the bottom of channel is also coinciding at demand zone around 0.8750 region. In past this region shown a strong bullish rally, are the buyers still waiting for this level?
OANDA:USDCAD Hi trader's .. Market breakout downside from descending Triangle Market reached major support level , as market now in over sold area so possible pull back from support level expected Price Can make double bottom at 1.3556 area and from there buyer's can push market toward's 1.3645 area
I am looking for buy entries below the 127 liquidity once buyers get swept.
This trend seems to be bullish as it is following HH and HL patterns and the last candle closed is green so the buyers are dominant over sellers. So this would be a bullish trend in the future according to my TA.
Eyeing SE here as it heads into earnings as it's been trading sideways for quite some time now after finding a bottom stemming from a big downtrend. SE has formed an inverse head and shoulders on the 4-Hour and daily timeframes, along with holding a massive bullish shark harmonic pattern on the weekly timeframe with the neckline between 62.45 and 63.95 (See...
If Bitcoin closes the daily candle at the price of 22400, we can see the rise of this currency to the next ceiling of $25000. If he fails to break this ceiling, we will see Bitcoin suffer
Let's look at Tesla from the technical point of view. On the chart we have an inverse head and shoulder pattern which signifies an onset of a bullish movement with current price also breaking the resistance trend line indicating strong momentum from the bulls ( buyers).
People can say Peleton is sooo much more than an exercise bike. I don't disagree, however, it's core business and most valuable product is it's bike. Sure, subscriptions and add-ons bring in lots of cash, but you won't get any of that subscription money if your target market is as small as this one's is. I say that because you have to be financially in a decent...
after hitting an old resistance and SMA (209) with a hammer candlestick. oil could easily jump again to 124. which explain the domination of buyers
Bullish are up , buyers are in now control. Bullish tail candle at the bottom called and have buyers to be in control. Please use proper risk if your day trading its pretty spiky
We have a valid pass and can enter into a transaction Buyers' arrival and starting price correction in the short term more details are shown in the analysis
This is a quick breakdown on the DXY (Dollar index) and what I see for start of the trading week. Overall, I see the DXY bullish breaking 100.750 area and doing a simple break/retest on that previous high. You will also notice on the 4H chart that engulfing bullish candlestick that shows that the buyers are not done in this market followed up by the ascending...