Asana demonstrates a classic Elliott wave analysis model. There is a classic upward impulse and a correction in the form of an ABC zigzag, where B is triangle. Now we have 5 wave upward impulse after the zigzag, which after ATH fell from the price of 145.3 to the level of 43.77, almost touching the strong support level of the top of wave . I assume that ASAN can...
Boeing has drifted lower for nearly a year, and prices may be in a channel that could interest traders. First notice the highs of June, November, January and this month. Then consider the lows of July, November and December. BA has trended within those lines, which could make some traders expect a retest toward the lows. Next, the 200-day simple moving average...
My previous analysis hit the target ✔️ and the price has started to dump from the resistance area 💣🐳💣 and now the price is close to support area, middle of the descending channel ✔️ if the price breaks the support area here, we will see more correction to the downside ❌🧨 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
If price holds orange support zone we have a chance at testing yellow resistance zone. If Yellow support zone holds we may be able to touch the bottom of light green resistance zone. Forming an inverse head and shoulders and a bull flag to confirm bullish bias. Needs a bullish engulfing candle breaking out through the top of the pink channel or near the bottom of...
ENGLISH Same structural process as the last Bitcoin post but on the Ethereum chart. --- ESPAÑOL Mismo proceso estructural que la última publicación sobre Bitcoin pero en el gráfico de Ethereum.
Even though USDJPY is trading in a bullish trend, the pair did not manage to break a previous high 116.35 and set an equal high instead. Then the market broke and closed below a support line of a rising channel. It looks like the pair may drop at least to 114.25 level with a potential continuation to 113.6. ❤️Please, support this idea with a like! ❤️
Hello Fellow Traders, I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For AUDCAD. The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2.Wait for confirmation(Price Action Confirmation Aka...
The price action of the EURGBP is currently attempting a breakout above the upper limit of the descending channel on the reinvigorated bullish bias. The euro was bolstered today following the release of the better-than-expected German ifo business climate numbers for February. The preceding downtrend, taking the form of a 1-5 Elliott impulse wave pattern, was...
Havells broke out of descending channel as well as yesterday's high on hourly charts. Could be bought with mentioned stoploss & targets.
XLMBTC is at the bottom of the channel since Dec 2020
Based on the chart, the price has stuck in descending channel for a long time and stop gaining from the red trend line and broke the support area middle of the channel to the downside ❌🧨 and we can see more correction to the downside for the price at least to $0.69 ❌🧨 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
INFY broke out of descending channel with good volumes. Could be bought with mentioned stoploss & targets.
Salaam ADA stands just above key level support. Also makes a descending channel. This is the third touch of support. Waiting for a good bounce. Break the channel good accelerate the rise! Close daily candle below support will invalidate the setup. Very good risk reward. Good luck!
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Feb 13-19th. EURNZD: Closed down for +2.60% Full analysis/forecast: DOW: Closed down for BE Full analysis/forecast: AUDUSD: -1% loss Full analysis/forecast: GBPJPY: -1% loss Full analysis/forecast: Any questions, comments...
The price broke through the upper boundary of the channel at the moment of local oversold. I expect that the price will reach the resistance level.
#BTC (Update) In Daily timeframe Chart, Descending Channel Upside Breakout has Already Confirmed, Retesting in Process.. In Case of Successful Retest, Expecting a Bullish Wave towards the 51k.. 📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER.. Please like the idea for Support & Subscribe for More ideas like this and share...
UNFI is stuck in this long-down channel, breaking out the resistance of this channel can lead to a big move from here.