wave analysis trend break out distribution price action
Technical Analysis (TA) ZDGE has been significantly beaten down and is now trading at a significant discount with a highly probable mean reversion play to 4.45 and 6.44. The daily chart is showing resistance above 3.55. A break above this area should signal a momentum shift which will result in us hitting one of the two mean reversion/retracement zones. The...
Spandana - Trend Reversal pattern found Inverted head and shoulder Solved the management issues Looks like the stock is no more going to be in the downtrend Stay tuned!!!
Inverted head and shoulder at support and now a breakout with volumes A perfect spot of trend reversal, stay tuned!
XAU/USD is in a bearish trend on 1H and 1D. On 1H, the price action has just broken out of the Rising Support and Horizontal Support . The Bearish bias is based on the following confluence: Rising Support broken Horizontal Support broken Strong bearish candles on breakout Bearish Divergence on RSI Expecting bears to push prices lower towards ...
EURCAD seems to have broken below the demand zone of a ranging market. The 1hr candles engulfed below the level, there as we wait for a re-test at that level we expect the market to continue downwards
Interesting breakout over daily time frame, interesting business for this particular moment in the economic cycle...
Do your own research This is just an idea I think this is a worthy setup to risk on it Related to stop use right position sizing Good Luck and do your own research
$DV - Technology | Software - Application all time low was established from Q1 ER (early May) and price action has been basing since with RS. year long DTL have been violated, and latest closing above 200MA is a first since IPO immediate resistance at VWAP from ATH $28.10
Tata elxi is a strong candidate for a possible breakout from its immediate resistance. Wait for the price to cross the resistance level! Keep it in your radar! # Tata elxi # Breakout soon
TCI is qualifying as a breakout stock. Keep it on your radar!#TCI
The EURJPY price is in Daily Resistance Level and 50 Fibonacci level🧐 the ascending channel is broken ✔ the key level is broken & retested ✔ so, i predict a bearish move 📉 Break of Structure 📉 TARGET: 135.046 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
take after the breakout above 11425 and keep strict stop loss. take profit at target.
Triple top @ $39 with a wedge signalling a breakout. Interesting timing with official earnings due tomorrow. In theory this shouldn't add much info beyond the Q4 report. But the price chart suggests a large up/down movement sometime this week. Disclaimer: I am long
EURUSD broke below the 1,0200 support yesterday leaving us without a buy setup anymore. Today, it's probably best not to trade this pair because we shouldn't be buying right now and at the same time we don't have a decent ratios on the selling side. Right now, we should wait and maybe even find another instrument to trade. If you want to sell the EUR, then...
The technical figure Channel Down can be found in the daily chart in the US company JPMorgan Chase & Co. (JPM). JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank...
Solid setup emerging as this stock has based all year long and has major signs of accumulation since its earnings report in mid-May as it forms the right side of a base. Volatility remains contracted near the breakout level, which is a big plus. Potential entry trigger - break over last weeks highs.
Setup - simple base breakout after a solid 70% move off the lows followed by 5 weeks of consolidation. Earnings during consolidation were below expectation. However, after a slight selloff, shares were gobbled back up and volatility was squeezed out right below the breakout level. Half size because the broad market is running a bit hot and could be due for a...