Happy Thanksgiving!!! Taking a break from family for a few minutes to bring you a new idea on SPY. Two tests on upper trend line and it appears to have broken, wait to retest 407.5 and above making some calls towards that smart money.. Knowing where that money is changes everything! Trade safe and have fun! They key is to enjoy the process. Follow and like for more!
It appears GBPJPY has failed to break the previous high presented on the chart. And given the recent break of the ascending channel, it seems there is a good sell opportunity. Further confirming this sell bias, there has been a retest of the channel pattern with a clear rejection, giving the opportunity to enter a great R:R trade. *NOT FINANCIAL ADVICE, MERELY AN OPINION*
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Demand zone mark areas in this pattern , where the market would accumulate buy orders to become bullish.Here on the off chance that the purchase orders insufficient for the bullish pattern then it will be opposite from bull pattern. If you like my ideas then do support...
Following the rising wedge continuation pattern on EUROJPY could have the pair dripping into its previous lows. Currently bearish bias on this one. NB: Not a financial advice!
USD/CAD H4 has broken the Inverted Head and Shoulders pattern. Expectation downside target is in the area of 1.3225 with resistance in the area of 1.3440.
Over on the daily timeframe, price tested the 104.615 support level. Price hit this level and then stabilized. However, this was short lived. As price is breaching below the 104.615 daily level, I am expecting further downside ahead.
✅GOLD broke the falling resistance So after the pullback and retest A move up is to be expected To retest the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅A broken key structure level Reinforces our bullish bias on NZD_USD And I believe the price is set to move higher To retest the target above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅EUR_JPY is trading along the falling resistance line And as the pair is going down now After the retest of the line I am expecting the price to keep falling With the target of retesting the demand levels below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-USD made a powerful move up And broke a key horizontal level While trading in an uptrend So we are bullish biased And so after the pullback And retest of the broken level A bullish continuation Is to be expected Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Rcf has given multi year breakout with extremely large volumes and is on the verge of breaking its high of 135 of 2008. Another positive factor buying was seen in last half hour...
Cup and Handle breakout on the daily and the weekly charts plus on the verge of breaking the 52 week of around 2645. After breakout, it will face resistance at 2780-2800
RHIM has given a breakout on the daily charts breaching the trendline levels of Rs 751 and 52 week high of 739. Made all time high Stronger volumes are also visible However on the 5 minute charts the stock has shown profit booking in last 0.5 hours but has taken support at crucial level of 780.
Nice secondary entry to add to your position. After breaking out of the previous flag, price consolidated again for almost a week on decling volume. Enter the stock if it moves over the high from the previous day. Stoploss can be set at the low of the previous day (tight stop loss) or underneath the rising trend line (loose stop loss) In a longer term...
wave analysis price action snr breakout impulse wave correction
previously ada has fallen deeply but it was broken the daily trend line which made the ada fall.so as the overall we can expect a rejection higher after breaking strong trend line in daily time frame.also in the 4H time frame ada has a struggling with a nother trend line so we can see a little manipulation on that area between the trend line and previous...
NSE:RCF 1.Stock Given Weekly Cup Handel Weekly Breakout 2.also formed Volume contraction pattern on daily timeframe 3. RCF: 110/12- Supply Zone and 14 Year Breakout ZONE Closing Above 120 Good Rally Ahead
Stock breaking out after digesting a great reaction off of earnings. Earnings growth on this name are fantastic. Not in a growthy environment, but this name is certainly one of the best-looking growth stocks out there at the moment.