The elliot wave ABCDE and also correction (in progress, inverted hammer) in chart.
current trend in bullish trend.
The price also currently stay at fibo 0.5.
The macd currently declining but maybe will continue to uptrend if tomorrow the price reverse to contiue bullish.
currently the price creating flag patter with volume decrease after high volume on 7th Oct indicating stock in consolidation.
the seller volume also decrease.
In Macd Indi, its trying to create cross as showing momentum is rising.
In momentum indi, its still same (consolidation valid).
If the price can break the flag pattern, next tp will be 0.240-0.250.
currently we can see hidden bullish divergence happen (price rising after breakout downtrend line).
if the price can close above ema50, the will remain higher and follow bullish trend.
marking the circle line at price, the price already repeat 4x already as keep high and push back down but the price still in bullish trend.
currently the price touch the ema50 and maybe maybe will ride this EMA till go higher again.
The macd still in bullish +ve but cross already made so the trace will happen till it cross back again to ride with momentum.
as you can see, we can see the bullish divergence trend between price and momentum in chart.
the price also consolidate in wedge pattern with high volume buying at current support.
The momentum indi at 0 line now.
to enter, best is when momentum indi show strength.
currently the price creating triangle pattern.
and in fibo also the price hold at 0.5 and creating HH and HL for triangle.
the price in ready to be breakout out with macd in making to cross.
the volume also lower in this consolidation.
for enter, wait the price break either resistant or support with high volume for more confirmation.
price currently broke wedge pattern after long run momentum (consolidation).
the price will retest back previous resistant become support. if buyer intact with moving price high, we can see the volume after retest.
in weekly TF, the price in bullish trend and bounce to go higher.
moving to predict price, the price will making new high and new low will reach the...
The price currently at fibo 0.618 and hold at the area.
but the momentum is getting lower now as macd getting lower and no momentum in chart (accumulation phase)
the price will stay at area if no news coming this week and going up again before getting momentum back.
the price currently consolidate in triangle pattern maybe creating flag pattern.
this can be seen the volume in consolidation is getting lower and price playing in range.
The price also retrace really good in 0.618 fibo and going up again indicating the buyer still intact.
to enter, wait the macd cross (currently in +ve) and break resistant (high volume need to...
Long for GOB
in DTF, we can see the price creating triangle pattern with current macd going to cross soon above +ve
the volatility of price getting lower means the price in consolidation mode.
The price also reject at 0.382 fibo and creating bullish candlestick with high volume indicating the price have momentum to go higher.
Tp EP, let the price break current...
in WTF, we can still the price still in bullish momentum.
in DTF, the price making triangle pattern and consolidation mode.
The macd just cross and need to wait bullish cross to confirm the trend will continue higher.
Current resistant 1.180. if the price, set ep can be made after BO (confirm with large volume).
currently the price at support fibo 0.618.
price in consolidation period with volume lower.
Current macd already crossing now maybe from no momentum before picking back after a few days.
The trend is still bullish.
To enter, current price is good as also hold at current support or when macd is turn bullish again.
CL: the price break the trend.
