Hello Traders !
On The Daily Time Frame, The AUDUSD Formed a Rectangle Pattern.
Yesterday, The Price Broke The Support Level.
This Key Level Becomes a New Resistance Level !
So, I Predict a Bearish Move 📉
TARGET: 0.63620🎯
Hi guys! As always, im looking for macro trends/ signals and critical movements/ developments in the markets.
What caught my eye is PAYX.
Today it gets the focus as it had Q3 revenue miss and its down 6% pre-market.
With panic coming in, ill go over technical developments and the big picture.
Lets jump in. We are in the 1 week timeframe (note this weeks candle...
Good Volume Buildup.
Rectangular Pattern.
Good for Short term and Long term.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Hi guys! This is a Macro analysis on Upwork (UPWK). Macro meaning larger timeframe aka the 1 week in this instance.
Alot of stocks are down fromt heir previous tops. Which means potentials for longterm gains for many names are possible. I try to make sense if things have the technical signs to buy or not.
For UPWK -> some interesting signs were observed. It was...
Hello Traders !
On The Daily Time Frame, The XAGUSD Reached a Support Level (22.27700 - 21.88300).
The Price Formed a Rectangle Pattern.
The Resistance Level is Broken.
So, I Expect a Bullish Move 📈.
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TARGET: 24.16000🎯
NVDA weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Confluence, Cluster, Channel, Pitchfork, Rectangle, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided...
Over the past few days, NSE:BANKNIFTY has experienced a downtrend, presenting an opportunity for traders to analyze a potential reversal through the formation of a rectangle pattern. The rectangle pattern is a horizontal consolidation pattern characterized by parallel support and resistance levels. It indicates a period of market indecision, where buyers and...
SI1! Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Rectangles, Pitchfork, Modified Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment...
Hello Everyone 🙋🏽♂️
As we could see at the end of the descending channel,
we had 3 bottom and the most recommended movement after the triple bottom is a ascending trend, so we had two scenarios her as we could se on the chart,
1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 0.96200
2️⃣the second one...
Observing the trading chart for this particular equity, it's evident that the security has been encapsulated in a range-bound, or "rectangular," pattern since 2018, with the central pivot point firmly established in the $0.20 vicinity. This technical analysis, combined with strategic stock purchases by the CEO and other insiders, signals a strong vote of...
GBPCAD is trading in rectangle channel near the Lower Trend line:1.66283.
Rectangle channels are only valid when the price closes above below the trendline/breakout/breakdown with a confirmed
Hello, Traders! Today, I want to share an exciting technical analysis finding on the cryptocurrency Total DeFi ( CRYPTOCAP:TOTALDEFI ). A rectangle bottom pattern has been identified, indicating the potential for a bullish move in the near future. Let's delve into the details!
📈 Ticker: CRYPTOCAP:TOTALDEFI
📅 Timeframe: Daily Chart
📊 Pattern: Rectangle Bottom
📉...
BNB buyers did a good job recovery from last year 2022 Nov dump to 180 up to the HKEX:345 resitance zone. The.only issue here is that after multiple attpemts to break this price range it Signals failure which is a strong sign of weakness and lack of interest in buyers as each thrust lacked a follow through.
How ever The Month of May- June doesn't look too...
NASDAQ:CFLT Confluent, Inc. operates a data streaming platform in the United States and internationally.
Uptrend rectangle pattern, above AVWAP from Highest point and ipo day. Breakout (pivot point) ~34 with Massive 6 weeks accumaltion.
Breakout (pivot point): ~34
Target ~ 63
