Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 long fork (over the lower parallel) and previous week's levels - Orange: H1 short fork (lower parellel) and previous day's levels - Yellow: m15 short fork (between the median and the upper parallel) Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short trend...
Analysis - Black: D1 trend long fork (between the median line and the upper parallel) - Red: H4 long fork (median line) and previous week's levels - Orange: H1 short fork (retests to the upper parallel) and previous day's levels. There is no valid H1 fork. - Yellow: m15 short fork (retests to the lower parallel) Next move - Purple: H1 trendlines, - Blue: H1...
NRGD price reached a support level and its RSI reached a support ptichfork line. Expecting it to go up tomorrow.
NRGU reached support pitchfork lines both on daily and weekly and is likely to bounce up.
On the weekly chart SPY is close to some resistance pitchfork lines and the RSI is approximately in divergence with the price (the price high although lower then the earlier high it's still high relative to how the RSI high is in relation to the earlier one). On the daily chart the price is close to resistance pitchfork lines and the the RSI reached a resistance...
On both weekly and daily: 1. NVDA reached some pitchfork resistance lines 2. There is a divergence between the price and RSI This makes it likely that NVDA will fall.
NYSE:SNOW This chart pattern of a 4hr H&S is quite prominent. So far so good if you're a bull you want to see this neckline hold. As the saying goes nothing is more bullish than a failed bearish move. If the neckline breaks it's trading back down to the 150s IMO. If it can hold I expect 190s to print. Based on the Modified Pitchfork I have if we chop around the...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders, after a break, I'm back with my daily analyses of the cryptocurrency and forex market. Welcome to the second season of my technical analyses. At this stage, I will be shareing my short-term and medium-term positions on Bitcoin, Ethereum, XAUUSD, EURUSD, and the DXY Index with you. ✌💥If you are satisfied...
A rough sketch of two predicted bearish paths. We could see five pivots as one wave (of course, the breakout of the previous high would invalidate this assumption). If it's WXYXZ- black. If it's a less-than-ideal impulse wave, 12345. This is derived from potential S&R that Gann Square, wave analysis, and the pitchfork can assume.
I am using the Fib Spiral with a Circles to help project price and time inside a pitchfork. Notice how COINBASE:BTCUSD really started breaking out to 30K at the edge of the first major circle on June 20th. The second smaller circle is taking the recent lows at 24.7K from June 15th to the most recent high at 31.5K on June 23rd. If we look at the edge of this...
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: There is no valid H4 fork. Pevious week's levels - Orange: H1 fork (upper level) Next move - Purple: H1 trendlines - Blue: H1 levels to be retested
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 long forks (between the median and the upper parallel) and previous week's levels - Orange: H1 long fork (near the lower parallel) and previous day's levels Next move - Purple: H1 trendlines and Finonacci levels - Blue: H1 levels to be retested
Analysis - Black: D1 long fork (median line) - Red: There is no H4 fork (near the upper parallel) and previous week's levels - Orange: There is no H1 fork (over upper parallel) and previous day's levels Next move - There is no valid fork. Red arrows short trend (maybe new short fork), green arrows long trend - Blue: H1 levels to be retested
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 long fork (upper parallel) and previous week's levels - Orange: H1 short fork (between the median and the upper parallel) and previous day's levels Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short trend and long correction. If the fork falls, it is long.
Analysis - Black: D1 trend long fork (median line) - Red: H4 long fork (upper parallel) and previous week's levels - Orange: H1 short fork (near the median line) and previous day's levels Next move - Purple: H1 trendlines, - Blue: H1 levels to be retested - Short correction and long trend. The rising move, after a false breakout, can widen. If it breaks, the...
BOIL price fell 98% but the technicals (particularly analysis of pitchfork lines) indicate that BOIL is a good buy opportunity.
We just broke Resistance 1, but there is another Resistance 2. Even for Resistance 1, it could be a Fakeout. As per the Wedge that has formed, I would be inclined to see three touches on the lower side (only two for the moment), so I would not be surprise to go under previous low, also as a spring of the accumulation. This is still a bearish evaluation, less...
Jet Blue is a buy and will be for the next two years. Price moving to $9.50 for possible resistance. It's making $11 by September.