Hi Traders, seeing this possible development to 5900-6000 area as we broke the downward trend resistance line. Expect a breakaway from a triangle, put SL lower then the last low (see red). Good luck.
Hi traders, want to share my view on DXY where it's seen building up a bear wedge hitting the lower band right now which can be a support for a next upward move to 94,8 area. I expect it to fall from that area to a upper band of a downwards channel (blue). This adds up a short-term bearish sentiment for oil and gold. Pls comment and like, let's discuss this one....
Hi traders, I am seeing SHIB might go upwards to 618 fib level (from ATH) which is 7800-8000 price area. We're moving in a range now so 7800-8000 rejection might be a next short opportunity. Good trades! Put SLs. TONY UPDATED CHART:
Hi traders, seeing SHIB bouncing from .618 FIB (from ATH) down, it's possible that eventually it will see 6000 area. First target for short is around 6700-6800 area where the bounce is expected.
Dears, INTC has hit an bounced off 61,8% Fib level, leaving RSI oversold area now targeting previous highs. Are you also bullish on INTC?
Some thoughts on further SPCE price dynamics within 1-2 next weeks. SPCE will continue the upward movement till 60$ with a futher possible retracement to build up a C&H pattern with a next target around 68$. Closer to earnings we might see a price reversal or a breakout to new highs.
Shorting GE until GAP closing near price 8.14 and opening longs from that area with a long term target around $18 per share.
This is a long setup for Sberbank which has dropped to 206RUB per share level after dividend date. It's uncertain how soon the gap will be closed, but with the price breaking an ascending triangle, volumes decreasing on the pattern formation and RSI being in oversold area, we can open a long position from current levels. TP1 is around 215-216, TP2 is around...
Here we see a good divergence between DXY hour TF chart and RSI. DXY will complete the cup pattern targeting 94 level.
Hi, As Nokia has got an extra tailwind now winning a NASA contract for setting up a lunar 4G networks, we might see Nokia targeting a $5.00 per share level again this year. Now the price has broken out from a symmetrical triangle (red and pale solid lines) targeting a major resistance level at $4.50 per share. As an alternative view, the price has been forming...
DXY has been forming a symmetrical triangle, hence we might see DXY dropping down to 92.500 level. What are your thoughts on this chart? Please share in comments.
As Yandex has formed HS pattern with a Head measuring around 400 ticks, we expect it to move from a neck line down to area around 4450-4500, where we put our TP.
As this one is going back in action there are two spots where we can short NOK at ~3,78. ~3,40 looks like a target for locking in the profit and opening another long position.
We can see a descending triangle which has formed on the top of the uptrend, indicating the trend will reverse in near future. Now as a price hits a upper trend line, we can open a short position at 1960.00 with a TP around 1905.00
LTHM is still being traded within an uptrend channel. The price has hit the upper line of the corridor and will move from the overbought area (see RSI) down to $8 per share level.
This is a close look to a chart pattern from my previous Tesla idea for opening a long position from $400. Now that the price reached an upper line of a symmetric triangle which serves a resistance level we can short Tesla from 420-430 area with a target around bottom line of the triangle around $400. It will be a safe to open short position when RSI will touch...
Here is a channel on 4H timeframe where we find a price coming towards an upper line where we can open a short at a price around $110 with a TP at $100.
Short opportunity from a resistance level around $8.60-8.70 with the first TP at $7.60 and next one around $7.20.