Since Oct. '21, Tesla has been trading along this channel. Some patterns emerge that we can point out: After hitting the top of the channel three times from Oct. 21 to Apr. 22, it was followed by a dip to the bottom of the channel. To a lesser degree, rising to about .75 the height of the channel on July 22 and hitting that region 3 times, this was also followed...
The price has lost 50 Moving average and EMA top. Heading to 100 and 200 moving averages. Hopefully 200 MA must give some support or else it can reach more downside .The lower low price action indicates bearishness and no sight of uptrend . On weekly scale a large bearish wick is worrisome .if price retraced from rectangular box with good volumes there can be...
Stock is in uptrend in all the Higher time frames, bullish flag breakout and consolidation and then BO is seen. The stock is poised for an up move of 15% from current market price. One may consider entry at CMP - 110 , target supply zones at 121, 125, 133, 137 zones.
Potential opportunity for a nice swing trade at approximately $0.65. The stock seems to be forming a Cup and Handle pattern, which is a classic technical analysis formation. In a Cup and Handle, the price chart resembles the shape of a tea cup with a handle. It's considered a bullish continuation pattern, suggesting that after a previous uptrend, there might be a...
EURJPY formed a head and shoulders pattern after a strong bullish impulse. The violation of its neckline signifies the exhaustion of the market and a highly probable initiation of a correctional movement. I expect a retracement at least to 157.1 ❤️Please, support my work with like, thank you!❤️
OANDA:AUDUSD The Aussie is still trading in the ascending channel as we spotted last week, there's evolvement of the structure on the 4HTF, and currently price is approaching the upper dynamic trendline. Waiting for the test of that trendline with a continuation pattern before going short. My target is to Price @0.67300
Orissa Bengal carrier LTD. or OBCL is a company engaged in transportation and logistics business. The chart of this company hints at a breakout in near term. The stock had been trading in a symmetrical triangle for past 2 months and is now looking to breakout from the same. The stock tested the lower rising boundary line of the triangle on Thursday's session...
🔮#FTM Analysis : Pattern Formation 💰💰 📈📈 #FTM is making perfect "Double Bottom Pattern". If #FTM breakout the neckline and also retest the level then we can go long for short term💲💲 🔖 Current Price: $0.4340 ⏳ Target Price: $0.9207 ⁉️ What to do? - We can trade according to the chart and make some profits in #FTM. Keep your eyes on the chart, observe trading...
The stock has been attempting to move beyond the INR4200 mark since September 2023 but its every attempt in past was met with some strong supply around the 4200-4250 zone preventing it from moving beyond. In this ongoing tussle between the buyers and sellers in the past three months the stock made at least 3 attempts to breakout above 4200 and the very same 3...
Hello Traders, welcome to today's analysis of Apple. I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
💥💥#BCH Analysis 🚀🚀 🔮 #BCH is trading in a Symmetrical Triangle Pattern and the price got rejected from it's trend line. A good move will be seen only if it breaks the trendline. If the price closes above above $255 then we will see a bullish move. 💸💸 📊Current Price: $233.2 🚀 Target Price: $390 ⚡️What to do ? 👀Keep an eye on #BCH price action and volume....
When a stock gives you a clean breakout, you take it!! INR 650 level had been providing a strong resistance to this particular stock for more than 4 months now. The stock, in an attempt to go past this resistance made few dips and rallies which led to formation of an inverted head &shoulders pattern on the chart. INR 650 was the neckline of the pattern and the...
As can be seen in the chart, there is a falling wedge pattern in the chart, which is a naturally a reversal chart pattern and is regarded as an intrinsically bullish formation. This chart pattern is occurring at the important Fibonacci level of 38.2%, and the fact that we have bullish divergence between price and the stochastic oscillator in 4-hour timeframe adds...
Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this strategy. Here are my...
Hello traders, Trust you are doing great. Here is my concise Elliott wave view of the USDJP pair. Trend : Bearish (Local trend) initiated at 151.912. Structure : Wave 4 ABC correction, began at 147.150, appears completed at 149.746. Anticipation : Expecting impulsive bearish structure in Wave 5. Confirmation : Await breakout below 148.889 to the...
GBPJPY local long The price was manipulated after the withdrawal of liquidity, there are signs of the buyer's work I am considering a local upward movement to the 185.76-186.05 zone I will look for an entry during a corrective movement in the zone 184.89-184.50 Maintain your risks and act in accordance with your trading system.
MY important analysis for this week in gbpusd, look carefully at the areas and save that analysis for later and leave me your opinion, thank you for your support
In the intricate dance of patterns, VeChain (VET) has caught our attention with a fascinating tale. The recent shift from a bearish trend, marked by the Three Drives pattern, has now given way to a bullish narrative. Let's unravel the patterns and explore the potential bullish strides, as VET appears to embark on a reversal journey. 📈🔄 The Three Drives: A Bearish...