NASDAQ:TSLA TSLA on the daily chart has mid-Fibonacci levels on the retracement of the uptrend serving as support. The MACD has the K/D lines with a crossover above the low amplitude histogram. So the question is wil TSLA break those supports and head lower or instead will it bounce off of one or the other and uptrend towards overhead resistance. What...
A very good breakout done in texmo pipes a very good time to buy it . Buy texo pipes at 65.5 Target 68.20 70.2 74.60 Sl 58 Long term target 90-100+ in 7-8months
Market printed the nice PA during 50% of retrace, and the PA align with breakout+retrace strategy. Minimal viable TP is 0.8342
Between the 2008 great financial housing crisis, the end of the dotcom bubble in the year 2000, the 1970s stagflation recession, and the great depression of 1929 all have one thing in common. The market retraced at least 50% from it's peak. I personally believe the US economy is in conditions for a recession that will at least sink 50% or more if we were to...
The Market is downtrend for more than a year and last week it broke the support level and it take a retrace and formed a Two Bar fekey+IB combo. Expecting to go further low. Since the weekly support level is bit ahead, better to keep the TP close
BTC has a Falling Wedge visible on the 1 Hour that could take us back up to Recover alot of the short term losses.
After a healthy retrace of 30% of a 5.162 Fibo beautiful leg down BTCUSDT shows a condition to reach 13k soon. Rout to meet Dec '17 ATH. This pullback seems accomplished and now we can see a good pivot point to adding on shorts in the crypto market expecting an 2nd leg down after that prior swing. Plus Fibonacci Retracement new target and Fisher Transform...
LINKUSDT is in rout to 4.00USD. After 30% retrace we have a pivot point to adding on shorts. Fisher Transform crossing on 2H chart. Prior swing leg downward accomplished. 14.6% hidden Fibonacci Retracement level targeted.
BTCUSDT potential inverted Head and Shoulder in a expected swing upward on this bullish oversold momentum. Pinbar bottom daily formation.
GBPUSD looks like it's going to retrace along with other dollar pairs. This is a nice short term buy opportunity with a tight stop. Long term trend is still down.
SPX will retrace and dumps to buy zone as the Ichimoku cloud shows great resistance
The elliott wave move proved to be correct. Now I expect a textbook retrace to at least the start of wave iv. Depending on weakness, we could see further downside. Likely some consolidation at this level to bleed out bullish energy. But if we see strenght upwards, theory will be invalidated.
Here's an example of a 3 line support and a possible time wall of retrace for bitcoin on 30m chart!
4hr frame looks like it’ll break down. Should be nice drop to 38.4 and below this weekend. 36.3 is my lowest short term target. See ya there
Doubtful it plays out exactly the same but I'm interested
Hey Trader, please see my current idea on the Adobe stock where my count suggests a return of around 10% by longing this stock. For further informations please see below, RT
Description This is essentially a "buy the dip" index play intending to ride a retracement as GPN tags and bounces off of a major support level @ 119. Sort-of Hedge for heavy short account. Using a call debit spread to bring the price down and reduce risk. Call Debit Spread Levels on Chart SL < 119 PT : 135 *Stops based off underlying stock price, not mark...
Evening everyone, As you can can see based on current price action Gold managed to make a new low with today US session. This is due to the fact, that we were missing out one last downside leg in our Elliot Wave count - on the other hand the speech of J. Powell ahead of Congress was the catalyst for the sell-off reaction. However,I think that we have high...