Stock : Apollo Tyres CMP : 499 Timeframe : Monthly Pattern : Bearish Reversal with Divergences & Evening Star Trade Type : Short Price Action & Technical Analysis - Bearish Divergence - MACD Down - Price is below 5 Moving Average Target 1 - Rs. 436 Target 2 - Rs. 366 Stoploss - Rs. 520 Disclaimer : "The information provided in this content is for...
Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: If you are objectively looking at the stock chart of Nvidia, you can see that Nvidia is currently trading in a solid rising channel formation. But as we are speaking, Nvidia is retesting the upper resistance and considering that we just saw a rally of...
trend adaptive/supertrend strategy with trendrsi and machine learning studies the strength of a trend in reversal or continuation. this move has tracked heavily on the daily, and retraced .382 from top. the regularity of the trend is toward average low.
n this chart we have observed a Bearish Continuation pattern making LH & LL . But there is Bullish Divergence spotted which give us the signal of potential reversal towards bullish trend. So we have placed entry point above the LH level as it breaks we take an entry and we put SL & TP accordingly.
CELH on the 15 minute chart broke out from a decent earnings reprto and has been part of the IA stock surge. Is it over-extended? Will it follow NVDA in a downtrend? Is this Icarus getting too close to the sun? Yes, I think so. The company name is Celcius and it fits the Greek mythological person and story well. Yes I think CELH will correct. It's in the...
#Solana seems to be exhausted and needed some timeout imo. The current support holding the H&S got to be broken to confirm the bearish move though.
When taking a look at IBM, we an see that it has had an impressive climb over the past few weeks. This bullish climb is also printing a bearish reversal pattern. The rising wedge breaks out to the downside more than it breaks upward. With this being said and the price action approaching the end of the wedge, i would expect a drop from these levels to the next...
AUDJPY is in under immense sell pressure and perfectly trading in bearish parallel channel. Ahead of weaker AUD it seems like AUDJPY is still due for another sell off. As the price is retracing a bit , will the bears attack the trend and send the price to lower side?
AUDJPY is reversing. The pair set a lower high and lower low on a daily breaking a solid support. It looks to me as a classic bearish reversal pattern. I expect a bearish continuation at least to 89.6 target level. Please, support my work with like!
BTCUSDT have a Head & Shoulders pattern to built in a Zig Zag downward, in which a wave 1 can be expected for an 2-D swing trade as a breakdown from the micro symmetrical triangle is expected. Thereby, a new supply target will expecting for a reaction. This will be an increase of confidence for the sell-side. Displayed on this H4 chart: daily LSMA (least squares...
• The bear market persists on the SPX, as it lost our support at 4,015 and there’s no bottom sign on it yet; • Now the 4,015 is a resistance area for any bullish reaction. In addition to his resistance, there is the 21 ema and the 4,060 (our previous support). These key points reinforce the mid-term bearish thesis; • In the lack of bullish reaction, the index is...
as the price breaks the series of lower lows and made a higher high & higher low. it seems the start or bullish trend.
i wont be surprised if the greenback looses steam around the top of this envelope and revisits trama, bounces to form a lower high, and rolls over to form a h&s. the key is getting a sell signal near the top there.
weve seen a pretty bearish reversal in technology this morning as the bounce falters at stiff resistance. if we continue looking this direction id imagine we hit that vwma currently sinking around 53.43, and cool off a bit, but since weve come out of bullish divergence RSI in SQQQ (bear nasdaq) as long as we are holding mid 51s we may have the go agead to close...
OANDA:GBPUSD GBPUSD in an overall bearish trend on higher timeframes(DAILY,4H,1H). Price broke a key level of support to continue its bearish move. Let's wait for a possible retest at one of the FIB retracement levels alongside a bearish reversal pattern to go short on GBPUSD
OANDA:AUDUSD AUDUSD broke bullish structure on the 4H and DAILY timeframes. Let's wait for a retest at one of the fib levels, and a bearish reversal pattern to form to go short on AUDUSD
OANDA:GBPUSD GBPUSD broke support on the 1H. It is currently making a possible retest around the 50%-61.8% fib retracement level. A bearish reversal candle will give us a confirmation for a sell setup on GBPUSD.
Very bearish chart pattern formation in Banknifty (NSE) In an 15 minutes time frame Waiting for completing the left shoulder on monday Its time for bears