Clear simple trend line here with higher high, like the risk reward on a long here.
GM triple bounce at support area, solid long entry zone.
JNJ's $170 level is under some pressure. I like the down trend for some swing puts.
TWTR with all their bots and the Musk lawsuit is bringing too much attn to this stock. Think there'll be a catalyst event to bring it down. Another solid R:R play here.
The media wants you to believe were either going to the moon or the economy is gonna collapse depending on the day. Stick to your technicals and when you're wrong.... get out! This is how probability is put in one's favor and why technical analysis gives you a clear picture of how supply and demand is fluctuating and who's in charge (bulls or bears). This, then...
Hello and welcome to this analysis on NIFTY From the high's of 18600 made in October 2021, every pullback leg of Nifty has been approx 88% 18350 on 18 Jan 2022 was 88% of the decline from 18600 to 16410 18115 on 4 April 2022 was 88% of the decline from 18350 to 15670 The current rally is at 78% of the decline from 18115 to 15185. So what lies ahead, lets try...
Market respecting trendline and wick rejection which was a signal for me to go short.
As you can see market always head up when ever it entract with monthly EMA 34 now Nasdaq is under EMA 34 and trendline line resistance double confluence with minimum risk high reward.
Bottom is top and top is bottom? Observations from the BTCUSD monthly chart + Decreasing angles of long term upward trendlines shows diminishing returns. + Price crossing down through current cycle's upward trendline indicates current cycle is ending. + Previous cycle's upward trendline becomes next cycle's top. What have I missed? Comments down below. Thanks.
Pervious test trend line line and Ema 34 resistance good chances to go down on the next support
these are only valid if it continues up from that direction. me personally I'm only interested in the 61 and 76 fibs as there's more than just on confluence in that area which is the Trend line retest. so I'd be looking to take that. but it's only medium risk the others are high risk so i recommend risking less 0.5% or less on the white zones and 0.5% or more for...
Hey everybody, TTD is one of my favorite swing long ideas currently. It's currently basing at a very obvious, key level, and has a negatively sloping trendline holding it down. Above that trendline, this stock could easily go ballistic. My first price target is ~$54.5/share, though I think this thing has the POTENTIAL to see the high 60's.
There are a few things to note with WTI Crude this morning. -On a Daily chart, it is still in a Primary Uptrend: (The Primary trend is inviolate, i.e., cannot be manipulated. This is the longest-term trend and can last years) -On a Daily chart, it is still above the Ichimoku Cloud. -On a Daily chart, it is still above the Primary Up Trend Line, and is bouncing...
This is a basic chart showing some important trend lines to follow.
(First ever Analysis!) Hello friends, since Im not a Bitcoin "MAXI" and Bitcoin is not "UP" only, you can see my vision of the Bitcoin price in the near future (if the bear market continues) . A close between 27000 - 25000 with a strong bearish candle on the weekly scale, can be a short signal. Possible price targe : 15000 - 13000 . Thanks for reading.
this analysis based wave analysis and trendline and trend analysis and supp/dem
Bearish trend continuation confluence trade on the EURCAD 4H. 1. Overall bearish trend 2. 3x trendline touches 3. Retracement to the 50% level from the most recent swing (not closed above) 4. At previous structure swap zone 5. Entry on bearish pin bar (aggressive) Entry: 1.35429 Stop loss: 1.36152 Take profit: 1.34001 Risk/Reward: 1/1.98
Thanks to FED Daly for this dump and opportunity to add to my long from 13756 & 13965! As you can see the red TL is holding this from further decline as is the yellow horizontal TL. It's also reacting the 200MA on the 4H TF. I'll not be at all surprised to see this above 14300 by EOD.