🔍In the weekly timeframe, GAL has broken its trend line and completed its first bullish leg, reacting to resistance at 3.904. 🕯The weekly candlestick is deemed reliable, indicating an influx of buyers into this coin. ⚡️Indicators such as SMA7 and SMA25 have crossed after breaking their respective trends, confirming the upward momentum. Currently, SMA7 is...
i think that the market will do this that the market will form lower lows into support and the support will break and then it will retest back the support
this is a simple support resistance idea we will trade using the analysis of where buyers and sellers are present nothing more!
Weekly chart analysis Target Stop loss 635 Target 877 Stop loss 660 Target 800 Stop loss 595 Target 900 No recommendation for buy and sell Only education purpose Take own analysis
1) weak chart analysis 2) chart following trend line from 2011 to 2023 3) Trend lines work as support and resistance. 4) December 2009 and July 2011 trend lines work as support 5) 2011 February to July may time work as support and finally break down. 6) this same trend line worked as resistance in august 2014, January 2018 and April 2022 7) August 2014: breakout...
in NZDCAD we have to need more evidence for long positon Bullish Gartley Pattern is strong evidence for buy but we have to wait for some more evidence for long
My trading plan is we can short XAUUSD 1880.00 and expect it will reverse the trend in 1880.00 that reverse trend will continue until price level 1732.00 between price range 1760 to 1820 the market has made lot of trades and struggling to increase price. its a clear sign to trend reversal. i have mentioned clear support and resistance levels on chart.
We have officially breached this trend line that's held for the last year. Either this is super bullish or we're headed to the basement. We shall see.
📊 Script: PERMAGN (PERMANENT MAGNETS LTD.) 📊 Sector: Electrical Equipment 📊 Industry: Engineering Weekly Time-frame Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 Already Crossover in MACD . 📈 Already Crossover in Double Moving Averages. 📈 Volume is increasing along with price. 📈 Script has given...
📊 Script: DIXON (DIXON TECHNOLOGIES (INDIA) LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500, NIFTY INDIA CONSUMPTION, NIFTY MIDCAP 📊 Sector: Consumer Durables 📊 Industry: Consumer Electronics Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 Crossover in MACD . 📈 Already Crossover in Double...
SPX at trendline support. The most likely scenario for a short term bounce on this trend. SPX today intra day held this level and reversed course as it touched this trendline. If you short( bearish ) time to lock in some profits and for those not short or cash waiting for the opportunity to buy its time to go long or be bullish . We are also oversold here....
Happy Monday! Well, it's been great start already got in some trades hit TP but I am just checking the overall market and this specific currency pair is brewing for nice trade! C&H Pattern break above - important note is that trendline down! And if we can't go above the TL then we sticking to range trade and perhaps re-test those lows. Have a great week ahead TJ
After approaching level 1.53000 , price starts to forming lower highs and now it's struggling to break the trendline , in this situation , we can only consider positions after a trustworthy confirmation.
LONG IDEA - EURJPY Based off the Monthly Timeframe we have moved into the Buy Zone and now looking to Buy the market . If the Analysis holds true we anticipate the market push Bullish towards our daily Target of 145.733. The previous resistance could potentially become the new support round about 133.138 area . We as see a strong support level between...
As you can see in the Bitcoin weekly chart, the price has kissed Andrews's lower half. I expect it to easily hit $ 46,487. And then it will pass the price of $ 50,822 with a little cute. But the price of $ 52,107 is the price of bitcoin flirtation and the battle of bitcoin lovers at this point. If the bears win the price of $ 52,107, the fear and greed index is...
Most likely completing wave 4. This could end up being a triangle (33333). If not triangle, I'm long term bullish but next support is around 30k. :(
doge coin recently break the long channel and pullback to channel If market can be bullish wee have a good pump in doge :) Good luck
all the information in chart .......................... ....................................... ................................................ Good Luck