TA explained Starting with the bigger picture for UMA using the 1W TF. A long lasting downtrend (starting at Sept 2020) was broken at the start of November with a very strong bullish weekly candle, after which the price pullback and retested the broken TL. Zooming into the 8H TF we can see two interesting things. First we see the price retested the descending...
Hey guys, after the previous bull run, i expect this pair to retest the 1.56567 zone
Hey guys, i expect this pair to retest either of the two levels before resuming it's upward move
Hey guys, I'm currently short on this pair. I expect this pair to retest that rectangular shaded area
Doge accumulation complete. Descending Triangle Breakout, Retest, Continuation.
Hey guys, i expect this pair to retest the highlighted rectangular area before it resumes it's bullish momentum
1. Retesting breakout, should sustain above 87. 2. Volume supported move. 3. Levers as mentioned on the chart.
DIVIS LAB BROKE OUT ALL-TIME HIGH. POTENTIAL LONG TRADE.
OP Currently retesting the trendline after breakout out - Also testing Top BBand. If this Holds, 5EMA should catch up by tomorrow, signalling that this short term Uptrend is still going strong. Friday Gap almost closed, but a complete closing of the gap would be preffered. Bearish if the retest of the breakout trendline fails.
I am long on Infy. Results are this week. Buyback is on for discussion at 1550. Retesting of Breakout. Created its own bullish parallel channel. Will add again if prices go above 1460
Need some pointers everyone. I wanna get better at this method. I seen it work now just trying it out for myself.
NASDAQ:EBAY Ebay breakout from its resistance. Buying price 60.10, PT: 71.97 with Stoploss 56.95. Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.
CADJPY WILL HIT THE RESISTANCE LEVEL AND COME BACK TO HIT A LOWER HIGH THAT WAS A PREVIOUS SUPPORT WHICH WILL PRECEED TO A BREAKOUT TURNING TO A FAKEOUT
Both -618 fib and uptrend length lead to 37 500$. I will wait for a brakout then a retest of the zone before taking position. Happy trading and all the best for this year! Cheers! XD
EURSGD Breakout From Range. Retest to level occurred on H1 and H4 Chart. Let's see if retest will occur on Daily Chart.
Price break a long consolidated resistance, now has tested it has support. Given the resistance was very strong, hope price will try to break it again. If price come and close below entry point, setup a Buy Stop if price does respect this support holds.
-Yurlo (please hit that like button if you appreciate the visuals & idea's) 👍👍👍👍 Breakout: August 28th Test highs: September 1st Retest of previous support levels where breakout originated from: September 1st - 2nd Consolidation: UNDER WAY Continuation: Will likely start to pick up bullish price action after 11600 holds as support. IMO
1. Current support level has been tested and confirmed 3 times. 2. Price broke previous range top and coming back to retest the supports, in particular the market support zone. 3. If next couple of hourly candle shows rejections to the upside, will be high potential to make a higher high 4. Eventually, it might go test the high make a double top.