Rosemanoso

Rosemanoso

Hello Beautiful people, waiting for the price to hit the bottom of the channel for a possible buy since we have a strong trend going on. let's see what happens!

Rosemanoso Updated 

Good Day Beautiful People, We have ourselves an uptrend channel here. the channel was respected by the price multiple times. The price will most likely move towards the channel line, but it's possible for it to react to the resistance line on its way up and bounce back. Wish you all the best ! Good Luck Trading.

Rosemanoso

Good Day Beautiful People, As you can see an uptrend channel has just been formed here. The recent movements of price created a triangle too. There are two scenarios here, either it stays in the channel and a bullish breakout out of the triangle will happen or the price goes bearish and breaks the channel. As always we have to wait and see how the price will...

Rosemanoso

Good Day Beautiful People, As you can see we have an uptrend channel here. The price hit the channel line3 times, so we can assume this as a valid channel but as always, we have to wait and see how the price will react in the next days. If the price hits the trend line(the bottom one) and bounces back, it can be a good buy opportunity.

Rosemanoso

Good Day Beautiful People, Well, the price did go beyond the resistance line as said in the previous post and now we have an awesome uptrend channel. We have a new support and resistance line. The price will most likely bounce back a little bit towards the trend line. For now there isn't a trade option here and we have to be patient as always to see the price reaction.

Rosemanoso Updated 

Good Day Beautiful People, Here's a short time analysis for amazon. As you can see we have an important resistance at 2419.54$ which I think will soon be reached. An uptrend channel has been formed (you can see the channel better in shorter time frames) and is aiming towards the Resistance line. We have a...