Dow Jones on a retest rally to the upsideUS30 fail to break below the previous weekly low of 33017.5 (which was a major support in April 21) . its anticipated if US30 breaks the current resistance 33828.3 we can expect a 352,2 point move to the upside before any minor retracement.
The over move is bullish till 34577.6 .
Should price decided to drop from 33820 we can expect an inverse head and shoulder formation as a signal to buy upon retracement around 33625.7 area, which is most likely to happen or a double bottom which is very unlikely to happen around 33200 area.
Bullishmomentum
JPPOWERBULLISH DIVERGENCE : A STOCK IS SAID TO BE IN BULLISH DIVERGENCE WHEN MOMENTUM IN RSI INDICATOR IS MORE THAN THE PRICE MOVEMENT ,AS ONE CAN SEE IN THE ABOVE CHART PRICE MOMENTUM IS IN DOWN TREND WHEREAS RSI MOMENTUM IS IN UPTREND THIS IS AN INDICATION OR SIGN OF EXTREME BULLISHNESS
I HOPE U ALL UNDERSTOOD THIS CONCEPT CLEARLY IF SO PLEASE SUPPORT BY FOLLOWING AND LIKING
NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021NIFTY 50 IDEA FOR INTRDAY 15TH APRIL 2021
$FLYY UpdateThat a beautiful chart in play! #cup in the making. Emotions aside....Follow the chart. 50 day is about to cross the 100 day moving average. VERY #Bullish
GBPAUD short term buyHi traders, gbpaud is forming possible 4h running flat formation. I expect one more wave to the upside before price reversal and drop. I dont expect price to break previus high at 1.79300, i want to see tap at fib 0.786 so thats where i will close my buys and watch for sells. On 1h time frame i see possible price action (bullish flag) but i want to see one more small push to the downside in order to complete that flag pattern. Gbp index is supporting that analysis, and i see that price is gaining on bullish momentum. I will post 1h chart below, so check it. Stay patient!
TIME TO CATCH THE MOMENTUM IN KLCIThe strategy is simple. Buy at support as we can see the price consolidate and still in bullish momentum. Watch closely the price action around the green zone. Cut loss if the price break the support line 1548 and always take into consideration your risk and money management. Happy trading!
SPX500 Long -61.8% fib level bounce with bullish momentum!!-A extremely good long setup has happened on the S&P500 with price reacting to the 61.8% fib level (Golden Ratio).
- We can see that both 50 and 200 EMA are below price which indicates that price is in a uptrend and we should be looking for bullish signals only.
-The higher timeframes are also showing bullish signals and momentum which adds extra confluence for me to go long for S&P500.
-Another confluence is that my demand zone is in line with the 61.8% level which means that price will more likely react well to the fib level.
Let's See how the S&P500 will do during the week!
Please make sure to follow, like and comment your ideas/opinions on the S&P500.
T'As Work!Hello Traders,
This is a demonstration of why technical analysis works,
Tesla was on a clearly bullish accumulation pattern called ascending triangle on a resistance level and we also can see a bull flag pattern.
And the price goes to the ATH after this breakout.
Please push the like button and follow us on Tradingview.
DAX 30- Possible Bullish Momentum on the Retest On Trend line?- A very decent long opportunity on the rests of the trend line.
-The fib level 23.8% is in line with the demand zone which adds extra confluence that price could potentially retrace from that zone.
-The trend line is also in line with the demand zone and 23.8 fib level which indicates that this is a good high probability set up.
- The 50EMA is below price which conveys that the DAX30 is in a bullish trend which is another confluence to go long.
-To enter this trade, I would wait for a strong bullish candle confirmation on the lower time frame.
Lets see how price reacts during the week.
Please leave a like and a comment on your opinions/ideas for this trade!
GBPUSD-Possible Strong Bullish Momentum?-There are two ways in which we could enter this pair on which is either to enter on reversal to the demand zone
-Or either we enter at the breakout of the 1.26133.
-Either way there is strong bullish momentum indicated by the break of the ascending channel.
-The 50 EMA is also showing the bullish signals for this pair.
-We will have to wait to see how price will react to these levels and look for strong bullish candle confirmation for entry.