BINANCE:ETHUSD HELLO TRADERS, I HAVE DETERMINED THE FORMATION TARGET ON THE CHART.
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Feel free to post your ideas and questions at the comments section.
Good luck
Today, Netflix's (NFLX) price plunged below the Head & Shoulders neckline, with a pronounced downward move. This breach substantially elevates the likelihood of an extended bearish phase, potentially materializing as a significant sell-off leading into the forthcoming fall season.
Projections indicate a retracement towards the 0.5 Fib Extension level, where the...
After breaking down the channel and breaking the first support area CVS is approaching really strong buy Area.
I expect the stock to rebound there and have a nice 2 to 1 ratio buy opportunity.
* 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲. 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.
Channel drawn on most recent trend and as can be seen well respected with previous trend. 0.382 respected from, fib retracement pulled from bottom of impulse move to recent high. 0.382 until broken is a bullish signal. If lost would expect heavy selling. Bullflag and support/resistance levels.
Green Trend from way way down. Purple current trend. Fibs, most important Fib is the bounce of 0.381 and weekly support, in my opinion a continuation for uptrend. Subject to losing the 0.382, not drawn, I'd draw a parallel channel for the current downtrend. The measured move, purple dotted mid level, forming a double top down (approx 1st August 24), a drop to the...
Bitcoin has formed a descending flag . Not good at all. We have been suffering for many days and still, there are no signs of significant bullish.
Consider to make a short position above $30500
Remember to trade safely
Good luck
NZDUSD might go down even further. There is no sign of support around this area. The round point at $0.6 would be a great psychology of Support . Consider to make a Short order now
Remember to manage your fund to avoid catastrophic loss
Cheers
Although charts have formed a descending flag , my observation points out that there might be an uptrend breakout. The daily resistance (which obviously has a stronger force) has been tested 4 times already and any price. The entry point would be around 1.762 or lower - where there are many buyers waiting
Remember to set stop loss, it will secure your...
