Hello traders. I've observed bearish bat pattern in NSE:GAIL Price Action seems to be Rejecting the PRZ of a Bearish Bat on the Daily that could lead to a Moderate Retrace before seeing Higher Prices. Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical...
after the test of a strong support we had a rejection at the level of the uptrend
#BTC/USDT pullback to neck line done, so we can expect rally to $25k if break out from ascending resistance.
ES is respecting an old channel from 17th march, i expect that the price will do a pullback to support 1 before it continue to move to the upper line of the channel.
For futures traders, this trade involves shorting the nasdaq in anticipation of a resumed down trend tomorrow. While I do not like to present entertaining suggestions for overnight futures positions, due to low volume price volatility and potential manipulation at night, one could take a short position after the futures market opens at 6 p.m. Understand that...
CBOT:ZW1! What do Gold, Crude Oil, Natural Gas, Corn, Soybeans, and Wheat have in common? Their prices all go up in a global crisis. In other words, these strategically important commodities are positively correlated with the level of risk. “Risk Up, Price Up; and Risk Down, Price Down”. Everyday non-professional traders (NonProfs) usually have a disadvantage...
#LINK/USDT $LINK is inside long term falling wedge pattern, and in short term time frame there is a parallel channel that can act as bearish flag. 🐻 close a daily candle below lower line of parallel channel can drop price to lower line of wedge that is around $3. 🐮 but if price hold the ascending channel and break out from upper line of wedge, it can fly to...
#CHZ/USDT $CHZ is trading inside parallel channels. price rejected from upper line of descending channel and now it's at lower line of ascending channel that can act as bearish flag. 🐻 break down from lower line of ascending channel will active bearish flag and price can drop to middle line then maybe lower line of descending channel. 🐮 If bulls success to hold...
#LIT/USDT $LIT trend lines show price hold the ascending support line and it is below descending resistance. 🐮 break out from descending resistance will face price the resistance zone around $1, that break out this zone will increase price toward ascending resistance around $1.2. 🐻 rejection from descending resistance and break down from ascending support will...
#WOO/USDT $WOO broke out falling wedge pattern. 🐮 after pullback to broken line, if it hold it as support price will head up to resistance zone between $0.2 and $0.22
after the downtrend we will see an uptrend after we had a double bottom we wait for the breakout of the nickline and we can take the buy position
My chart idea illustrates a confluence of fundamental and technical analysis which leads me to believe a long trade in the Lumber futures market may getting close. On the fundamental side: - We have seen Commercial buyers become net long for a whole month, last time this happened was mid 2020 and this then led to a ~130% price rise over 2 months when the price...
the nasdaq will drop i think go with the contract max you have to be a seller on the nasdaq because of inflation its going down to 10734
This is what I see in the S and P. I didn't have the balls to buy liquidity (It is a new trade setup for me and I am not comfortable with it yet.) but did take a 10 handle scalp today out of the FVG. I see equal opportunity for shorts and Longs so basically I am mostly sitting on my hands.
#DOT/USDT $DOT broke out from daily falling wedge, and now is in pullback to upper line of wedge to confirm it as support. 🐮 holding the broken line as support can increase price toward resistance zones shown in chart. 🐻 break down from descending line and back inside wedge will drop price to lower line around $4.
after we have had a large volume which means the end of the down trend we will wait for the confirmation of the breakout of the range and we can take the buy position
after the downtrend that we had we will see a big movement of an uptrend we can take the buy position after the confirmation of the range breakout
Quadruple AO Divergence forming higher lows and lower lows on price. 12H bottom is close for a reversal of trend. Long entry near these areas or wait for confirmation candles in the following days. NFA DYOR !!