GFM has made a significant advances above a strong 10 -years DTL , however found resistance at 0.48 and made a return move to Support level at 0.31. We notice a buying momentum persist above the support area , hence upside movement could continue, immediate hurdles are at 0.37 (R1) and 0.445 (R2). Price movement above resistance at 0.48 could push the price higher...
Descending triangle formed in daily timeframe as GFM has been rejecting 0.315 support for the 3rd times. A breakout will soon happen but we still dont know wether its a breakout to downside or upside. Lets wait what will happen today :D
GFM Targeted Long : 1) price forming ABC wave at TF H4 2) price ranging at previous W1 lowest price + last W1 candle close in froming hammer candle Signal Entry : 1)Chart Pattern at Highlight price or Price Action at TF D1 at Highlight price 2) Or completion of ABC short trend moving to next Demand Highlight Price p/s : 1)care of win ratio 2)never place all...
Trading ideas. On top is FTR zone sell- red colour which price retest for the first time. Bottom, got 1 left shoulder LS which inline with hidden base.. So At this point Im target price will retest at this hidden base to complete HNS pattern..hidden base=right shoulder.. Tayor.
Note - I plotted some potential stock that show a rally condition. If my prediction is correct, I assume this stock can go up until 14% increase in uptrend. At meantime, look for pullback condition (measuring 2 candlestick in bullishness) before do a entry buy.
GFM now uptrending and make sharp increment on few weeks previous trading period. Now, look like will pullback to nearest support or 20 MA. Can wait for 20 MA rebound or if break 20 MA can wait for 50 MA rebound. Monitor the chart #TAYOR
formed ascending triangle pattern and broke resistance 0.420. Next resistance is at 0.550, will retrace a bit and if it can hold 0.420 as it new support it will goes higher. GFM is also still in uptrend based on ema and ADX indicator. Adx is at 34 on 1H chart while di+ is still above di- 41 to 7. Smart money indicates banker is still inside GFM and will possibly...
Broke out Penant Flag on 12/3. Volume increased during broke out. Currently at 78.6% fibonacci extension level. Might go for correction as RSI is in overbought status. Still above up-trending line. Still above EMA 9,20,50,200. Short term profit taking: 0.565 (Based on 100% of fibo extension) Mid term profit taking: 0.645 (Based on width of penant)
GFM had been bullish, met resistance at 0.25 and has been consolidated since June 2020. Recently breakout above a valid DTL. Potential higher movement to FIbonacci 1.618 at 0.315 coincide resistance in Dec 2019. Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.
(30) SOKONGAN GFM berada pada sokongan 170 dan MA 200. MACD mengahampiri +VE menunjukkan masih ade potensi untuk naik.
Disclaimer: This is not a buy call but for learning purpose -------------------Technical analysis------------------- Trend: Uptrend. Above MA20 Phase: Accumulation phase. Potential uptrend continuation Volume: Large buy volume on 10 Dec RSI & ZL-MACD is above the centerline
MA20 crosses MA100 for the first time indicate the initial bullish trend after a long accumulation period. Oversold stochastic is a good sign of the bullish movement. Initial Target 0.340 using current PnF plot. Beware for the final spring before JAC.
TA Second view for this counter as the first view hit SL. For this time it is more clearer where by price making compression and it is possible to hit the demand area . Currently price at break stop zone area (bsz). Wait for reversal at HTF before enter market. FA P/E : 50.57 (overprice) DY : 1.03 QR : 1.3M (reduced but still positive) AR : 1.3M (reduced but...