The price bounced on the monthly key level and now the market is testing the 4h resistance inside the pennant how to approach it? IF the price is going to have a breakout from the pennant and 4h resistance and retest it as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. ...
Wave analysis price action snr break out TRend impulse wave
NYSE:NVTA a NASDAQ Penny Stock moving 10% today after an earnings loss with a pullback and rebound. Speculative but possibly with a good risk to reward since it has already pulled back. Stochastic RSI is low and all of this follows a long period of consolidation. RElative up volume today is 10-15X baseline showing good accumulation. Options for January 23...
Simple chart, downward channel for GME has slightly broke out this week, retesting the top of the channel to see if this can act as support now. A daily close above this channel with continued volume would potentially mean a continuation of a breakout. When breakouts from channels occur, we often see a retest of the breakout area which I refer to as "basing"....
waves regular flat snr level breakout price action
Hello traders! Welcome back to another episode with Analyst Aadil1000x. As we are expecting more bulls in BTC so we are taking the buy entry. It can be the bottom of the retracement. BTC buy now, its at 23780 Stoploss 22750(-4.2%) Target 25500(+7.2%) Risk management tip Use 10% of the account max with 10x leverage.
Hello traders! Welcome back to another episode with Analyst Aadil1000x. Today I am back with a deep analysis of this whole accumulation period. The market is getting more challenging. New patterns are forming that were never seen before. Also, this month there were many NEWS & reports released which has a strong impact on the market. Also, the tensions between...
#Bitcoin TA Update:- #BTC trading in Bear Market But Sentiment is Bullish. I am Expecting $BTC May test $28000-$315000 Before Up Move it can test $22500-$23000 Area. Bearish Below $22000
Looking at the daily timeframe, AUDNZD failed to breach new highs on July 27. As price traded lower, it settled in a range, with the lower boundary being 1.10365. Now that price is breaching below this level, I am expecting downside momentum to pick up.
Yesterday, EURUSD went up to the previous high and it tested it. Today we expect to see another test and possibly a breakout. In case of a breakout, the next target will be 1,0423. Recommended stops are below the test from yesterday - 1,0270
Bullish Wolfe Waves can be seen on $ATA enclosed within a triangle which is always exciting. I expect to breakout of this triangle through the fifth wave, retest the broken trend, then bounce up from there to continue the movement to the upside targeting the supply point at $0.2580. Wouldn't be a bad idea to also book some profits along the way at the top of the...
Eyes on this one. Broke above 230 which was a strong resistance (we caught this one) Now price can come back to retest it, and it is forming a nice flag If 230 retests and holds, we can try to go long there with a tight stop loss at 229, or we can just wait for the break of the flag/pennant. This is my favorite setup currently.
Bouncing nicely from support/previous resistance I like an entry above 140.50 Which will be a break of the trendline. Target at 144. A break below support at 138 could give a setup to the downside targeting previous support at 133.50
Range Resources Corp is in the exploration and production of AMEX:USO and AMEX:UNG in the US. It was recentlty feature in IBD and got me interested because its good looking cup & handle. Today managed to breakout with a gap. This gap should act as resistance. As the market still needs to prove itself, I won't buy this breakout but the breakout from today's...
✅GOLD was trading in a rising wedgef But now we are seeing a bearish breakout So I am bearish biased and I think That the price will fall down To retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Perrigo is in the Medical-Generic Drugs Group, they develop, manufactures, markets, and distributes private label self-care products, including cough, cold, and allergy products, analgesics, gastrointestinal products, smoking cessation products, infant formula and food products. IBD gives it a #1 rank in its industry. PRGO made its major low in May while XLV...
Hello,Traders! GBP-NZD broke a key level And the breakout is confirmed Thus it makes sense for us To be expecting the price To fall further down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Close about 3420 can take it to new heights 3700 in short term Keep a track