Nasdaq broke out of our downtrend channel on Tuesday when it made a bullish rally and got restricted by our resistance line on 14288.65 and retest our resistance trendline on 13973.81, we might expect a consolidation before it gives us a clear move.
i made this chart on the 15th. that top green line is the last call everything else has played out
Hi Friends, As we can see in Weekly Timeframe chart Huobi Token ( HUOBI:HTUSDT ) is in good consolidation I think it is accumulating. Most of the time such long consolidation will give a breakout towards the upside. Huobi Token ( HUOBI:HTUSDT ) is the native token of the cryptocurrency exchange Huobi Global. It is a decentralized digital asset based on the...
OANDA:US30USD bullish pin bar with a long wick indicating a continuation of bearish trend with price breaking out of consolidation zone. A retest is likely and will continue bearish trend
A symmetrical triangle is forming in PDN. We have made the bottom side of this triangle, and it looks like the price is returning now to the upper side. Around quotes of 0.98 AUD should the upper border of the triangle be touched. After breaking the triangle pattern at this point or later, the bullish trend in Paladin Energy Ltd. should continue.
After breaking it's downtrend upon creating new ATLs, $RBLX has bounced aggressively and began to consolidate between two key price levels. ($43 - $53) We are now currently resting on top of our $43 support level. A bounce from here would allow us to trade this name up to $53 and capture a 25% move, while a break and close below 43 sets us up for a nice short...
Besides waiting for the Bullish Deep Gartley setup, there's another way to engage the USDCAD chart. If you are into this consolidation or sideways movement, you could wait for a trading setup on the lower timeframe, preferably the 1-hourly chart for this setup. You can wait for a minimum setup of Double Top setup with RSI Divergence, in that case, you can have a...
I took this trade on USDCAD because this range has been very clear and the probability of staying in the range is higher than breaking out of it. Range trading is one of the easiest methods of trading.
When I just opened the chart I saw a rapid decline from the Kijun-Sen and moving averages towards the bottom of the cloud. I expect price to move all the way to previous range low and put stop right above that range where the Kijun-Sen confluences with that line. Once I master this form of charting Ill start educating, my goal right now is to become a profitable...
Price testing the 1.36000 and 1.35000 area. Consolidation with multiple small candles Key area in past seems to be the area of consolidation Big bull candle but will they be able to keep the momentum to break through?
UsdCad has been in a bullish considation zone since June 2017... For the past 4 months its been gradually falling but i see opportunity to hop back into a perfect buy for the next few weeks off a double bottom on the Daily which is touching a monthly resistance, so possible swing trade for 600+ pips
Gold has is trading within a huge triangle, with a lower trendline support spanning back to 2018 and an upper trendline resistance spanning back to mid 2020, with a good number of clear rejections of these levels from each. Gold has just entered the upper boundary again, coming in with a little momentum this time, with RSI just breaking above 70 on the 4H. I...
Expecting a big move in PRAJIND. It has been consolidating for sometime now and looks like it is ready for a big move. The volumes have been increasing as well.
* Excellent earnings * Strong up trend in the long term * High 3-month relative strength of 2.61 in the Tech sector * High 50 day U/D ratio of 2.11 * Breaking out of a 3.31% range * During the consolidation the volume did dry up and as it started breaking out the volume picked up. Trade Idea: * You can enter now as the price is just breaking out of the tight...
Price is still ranging pretty strong. It bounced with some force back up from a micro level. Can price breakout of consolidation & channel? if so i know it will be a solid reverse for a possible long setup! What are your thoughts?
* Great earnings * Very strong up trend * High 3-month relative strength of 2.55 in the Industrial sector * Pays out dividends * Has been in a tight range of ~3.94% for the past 5 to 6 weeks * Held up incredibly well during this time of market uncertainty Trade Idea: * There are a few plays you can do here since the 4% stop is quite a distance away: 1) Enter...
Welcome ! Feel Free to comment below Like and Follow me for future ideas ! Todays overall BTC is a little bit lower than this morning and roughly same point as last night you can see that btc is going sideways once again but there is always bullish things to talk about when it comes to btc and here is one that is indirectly related which is the Debt Ceiling and...
BTCUSDT remains bearish and we have now a good sniper point of re-entry to short. The tokens ETF on Binance can be a good opition to avoid the liquidation risk. Thanks!