Since Slack ($WORK) hasn't been doing as well as Zoom in the WFH space, I felt the need to look more into this stock. Do you all see the H&S pattern like I do? My drawing to outline it's direction isn't the best, but the market doesn't always give you the perfect pattern. I would look for a drop in price. However, we might see a move higher up before a big tumble...
Fundamental: Salesforce acquires Slack for $27.7B, making the biggest acquisition in its 21-year history. Technicals: Price action broke through a HTFZ at the high end of the curve. I'm anticipating a drop in price between the $147 - $165 levels. We shall see...
Fundamentals: Salesforce.com acquires Slack for $27.7B. I would like for price to reach between the $24 - $27 levels.
If that $88.25 fail then I would be anticipating a nice drop. However, I don't believe that will happen but I feel price action will respect that huge HTF zone and head further up. In the event that zone is broken, $80.40 would be my next target. This is based off from a HTF perspective.
Nice bull run, huh?! I can honestly see Bitcoin reaching $20,000 before the end of 2020 IF it can keep this bullish momentum going. However, the bears don't want you to sleep on them just yet because there's some barriers waiting up-top and P.A. is currently stalling at the moment. Bears: I would wait for a B.A.R. of the $15410 level to short down to...
Previous video talks about the analysis i had on the pair , had a confirmed M1-M5 transition lets see how this plays out !!! Please like and comment it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
Hello guys ,my previous EUR/USD analysis worked out pretty well we hit the TP for 220 pips. I made the call in the 1H timeframe, AND looking at the 4H timeframe currently I think possibly we could see a downward continuation of the price until the 1.1285 level. What are your thoughts........?
Ok, so... Ahh... it's going to be fast comment. I'm tired tonight but I feel good enough to make some analysis. I'll probably go do some backtesting soon. Pros: -1h, the trend line goes up -1h, head and shoulders pattern -1D, good bounce from resistance Cons: -1W, is in downtrend -4h, is in downtrend -1h didn't break the suppor line yet All, I can do right...
The first time price broke below support which was required for sells, resistance was formed but we never got the final confirmation required to execute on sells. Price then broke back into the range before we took an entry. As we had already formed resistance, I was happy to go down to the 5m timeframe to confirm sells. The next 5m candle broke back below...
Confluence (at least 3): 1. 2nd touch of diagonal resistance. 2. HTF O.B respected. 3. HTF O.B B.A.R. *Over 500 pips of potential profit margin underneath* Let's see how this one plays out.. stay flexible. Also, if my analysis help YOU in any way, shape or form then please consider donating to the cause. It's appreciated.
We got price holding at weekly demand i had drawn up ( green zone ) and is creating support as you can see on the 1 hr timeframe and the 30 minute timeframe as well .Price can either break demand retest and follow through or reject and go to the upside , from what i see im leaning towards the idea of price going towards the upside BUT , you can never be to sure ,...
En ausencia de eventos de movimiento del mercado en los próximos 7 días, la reciente contracción de $ 74 mil millones del balance del banco central en la última semana, lo que podría ser un factor subficiente detrás del reciente aumento observado en el dólar estadounidense. Siganme! Follow me! Instagram: @ FreeMarketsFX @Ace.Entry Twitter: @FreemarketsFX