Technical Analysis On the 4HR to the downside we experienced a shallow retracement and price appears to have stalled at the 1.27 and 1.18 level. Anticipating potential retracement to 1.888X to 1.894X area before a potential continuation to the downside. Fundamental Analysis Australian Dollar has weakened as a result of Russia invading Ukraine. Australian...
A potential bullish Gartley Harmonic Pattern has form on BTC. Highly probable we may have bottomed or very close to doing so. Let's see what happens.
as you see we are at FIB.retracement 50% + we are at great price reversal zone(yellow one) and powerful uptrend ,for rest of way, volume is fine Stochastic and RSI are at high levels, don't miss this. and there are two targets I used Fib.projection to mark it.
Tesla has been respecting an upward trend for some time now. The price has broken previously a strong resistance zone which has transformed now to a support zone. Buy the dip and hold for great returns! Good Luck!
MYRG signaled a SELL upon closing the first bar on the 3 hour chart on February 25, 2021. SELL was signaled on five of our algorithms which has never occurred before. In fact the SAG and MTF have never signaled SELL at the same time for this equity on the 3 hour chart either. I have drawn the potential movement lines. As I mention, the signal can be premature and...
I am back to conducting full studies based on all my algorithms. At the close yesterday, KO signaled Sell on my Precise Signal. This is great news as this algorithm is highly accurate and finding price reversals. Particularly, this has found reversal points on 10 of 11 occasions specific to the Daily chart for KO and the determination of a SELL point. I have the...
MRF View MRF still looks Bullish , Unless the price breaks down below 64000 range. Upside move it may go to 70000 ,72000 & 74000 Zone to be look for price action is between 67000 & 68000.
We have the following: H&S pattern Wait for breakout and pullback before entering. Otherwise I wouldn't advice on taking this trade. + Price action or Fib retracement would be good confluence Cheers!
We have the following a possible pullback to a RR area. we could wait for confirmations on trend change in either D, H4 or H1. Basic price action would do. Good R&R If there's no confirmation in the area marked, we have a downtrend continuation.
The head and shoulders pattern confirms the price reversal
Good morning ladies and gentlemen! Beam has had some serious downside action. And to some of you, that may be scary and I completely understand. But the golden curves are a representation of the flow in the price action. And what we saw was pure capitulation on Beam. It was the reverse parabolic moves we see in an uptrend on other assets that everyone gets all...
Similar setup to CHF cross , breakout and retest of resistance in the lowest keyzone questionable keyzones?? comment give an opinion give opinion on overall analysis
Price had previously been in downtrend for a long time , past the lowest price zone , Price is pulling back into zone and resistance line. BREAKOUT occurring ???? anytime soon , what can we consider ? Brexit ?. (feedback ,thoughts or criticism welcome) comment about your keyzones please interact
Strong on all time frames within this recent down trend. Looking for a long term buy on this pair at potentially 1 of 2 different level, the first zone and more recent between 18.15590 - 18.19661and the second zone between 18.02835-18.11248. The trend line imply a continuation to the downside until we reach these levels. Also, we may see pullbacks continue to...
If you look close ahead you can see that there is an inverse head and shoulder pattern. We are waiting for a breakout to confirm that the price will reverse. Disclaimer: Trade at your own Risk! Instagram ~ Nadirfx
We have the following factors: H1 Rising Wedge (blue lines) + RSI Divergence Good Price Reversal Zone 61.8 Fib Retracement Wait for: + Clear PA confirmation in between the green dotted lines + Uptrend breakout *otherwise I wouldn't advice taking this trade Comments and Questions are Welcome! Cheers!
Looking at GJ as an intraday trader on the 1hr chart, there are two main scenarios I am looking for before making an entry (using technical analysis --> with trend lines , support and resistance (specifically quarter points), pullbacks & major price reversal zones) 1) BULLISH SCENARIO - If price breaks ABOVE the resistance point of 139, I will wait for the...
We have clear H&S pattern on DXY, price made a pullback to the 61.8% fib right at the neckline of the H&S pattern. We may look for buy opportunities on pairs against the USD. Possible targets marked on chart. All comments and questions are appreciated.