Waste Management: Breakout Attempt 💥🚪Waste Management stock is currently attempting to break the upper line of the pink trend channel. We expect it to do so within the framework of the turquoise wave 3, which should provide an important upward momentum that should also take the wave above the resistance at $175.98. As for the rest of the turquoise 5-wave move, the price should hold above this level and only complete the structure and thus the gray wave III at around $192. This bullish outlook is only hindered by the 27% chance of a break below the support at $149.71.
Chartanalysis
💥EUROUSD) next move 💥🚀🚀hello trader’s what do you think about Eurousd ) analysis ideas 💡??
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Euro 💶 usd …………………………….🧐
Analysis …………………………………🧐
Support levels………1.08789———🎚️
Support levels………1.07500———🎚️
Resistance levels__1.09500———🎚️
Resistance levels—1.10145———. 🎚️
Resistance levels—1.10963———-🎚️
Trader’s follow support and resistance levels 👍🏻💡…………………
Plaes like 👍🏻 and comment ⚙️🙏)🙏 FX:EURUSD
Coffee: Something's brewing ☕⏳The coffee price is currently trading in our orange Target Zone between USX 180.40 and USX 174.65 and is making its first attempts to rise. According to our expectations, the low of the yellow wave 2 has already been reached and we expect the yellow five-part wave to continue to grow to USX 210 before the upward structure and thus also the overarching wave (b) in blue is completed.
#NIFTY Intraday Support and Resistance Levels -05/12/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 20650 level and then possible downside rally up to 20530 in today's session. in case nifty trades above 19770 level then the upside target can go up to the 19890 level.
[INTRADAY] #BANKNIFTY PE & CE Levels (05/12/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level. Any Major upside only expected in case banknifty starts trading above 46550 level.
Chainlink's Perfect Entry Point with RSI at 52
Chainlink (LINK) that could potentially skyrocket your trading profits. Brace yourselves, because this is a call-to-action you don't want to miss!
Chainlink has recently presented us with a picture-perfect entry point, as the Relative Strength Index (RSI) stands at a tantalizing 52. This indicates a healthy balance between buying and selling pressure, suggesting a potential upward trend shortly. But that's not all! The Awesome Oscillators have remained steadfastly positive, further reinforcing the bullish sentiment surrounding Chainlink.
Now, you might be wondering, "What does this mean for me as a trader?" Well, my friends, it means an incredible opportunity to go long on Chainlink and ride the wave of potential profits that lie ahead. With the RSI at 52, we have a favorable entry point that allows us to capitalize on the expected price surge. Combine this with the positive Awesome Oscillators, and we have a recipe for success!
So, let's seize this moment and take advantage of Chainlink's promising position in the market. By going long on Chainlink, you can position yourself to potentially reap substantial gains as the price surges. Remember, timing is everything in the fast-paced world of trading, and this could be the perfect moment to strike while the iron is hot.
To get started on this thrilling trading journey, I encourage you to take the following steps:
1. Conduct a thorough analysis: Dive deep into Chainlink's market trends, historical data, and any relevant news that could impact its future performance. This will help you make informed decisions and maximize your trading potential.
2. Set up a trading plan: Determine your entry and exit points, establish risk management strategies, and set realistic profit targets. A well-thought-out plan will guide you through the volatility and keep you focused on your trading goals.
3. Execute your trade: Once you have done your due diligence and devised a solid plan, it's time to put it into action. Open your trading platform, select Chainlink, and go long with confidence.
Remember, trading involves risks, and it's crucial to exercise caution and trade responsibly. Always consider your own risk tolerance and financial situation before making any investment decisions.
Now is the time to harness the potential of Chainlink's perfect entry point with RSI at 52 and Positive Awesome Oscillators. Don't let this golden opportunity slip through your fingers! Get ready to embark on an exciting trading adventure and potentially reap the rewards that await.
Mastercard: It's not far now! 👀🎯The Mastercard stock is currently moving upwards with great determination. It is now not far to the green Target Zone between $429.57 and $453.90, where we expect the high of the magenta wave (Y) and thus also the high of the overarching wave (B) in green. However, as long as the price is still trading below the September highs, we must continue to refer to the alternative (31% likely), which already considers the top to be in place.
S&P 500 Equal Weight ETF (RSP) ~ December 4H SwingAMEX:RSP chart analysis/mapping.
RSP ETF rally representing S&P market breadth - offering legitimacy to overall market strength & further indication of healthy stock rotation, instead of "Magnificent 7" concentration.
Trading scenarios:
Continuation rally #1 = ascending trend-line (white) / descending trend-line (light blue) confluence zone.
Continuation rally #2 = multiple gap fills / 78.6% confluence zone.
Shallow pullback #1 = 61.8% Fib / ascending trend-line (green dashed).
Shallow pullback #2 = gap fill / 50% Fib / 200MA confluence zone.
Deeper pullback #1 = gap fill / 38.2% Fib confluence zone.
Capitulation #1 = descending trend-line (white) / gap fill / ascending trend-line (light blue) / 23.6% Fib confluence zone.
Dow Jones ETF (DIA) ~ December 4H SwingAMEX:DIA chart anaylsis/mapping.
DIA ETF on relative strength compared to recent SPY/QQQ performance, indicating potential market rotation.
Trading scenarios:
Continuation rally #1 = top range of Fib.
Shallow pullback #1 = ascending trend-line (white) / ascending trend-line (green dashed) / gap fill confluence zone.
Shallow pullback #2 = gap fills / descending trend-line (light blue) / 78.6% Fib confluence zone.
Deeper pullback #1 = Golden Pocket Fib / 200MA confluence zone.
Capitulation #1 = 50% Fib / ascending trend-line (light blue).
Capitulation #2 = gap fills / 38.2% Fib confluence zone.
Capitulation #3 = gap fills / 23.6% Fib confluence zone.
Russell 2000 ETF (IWM) ~ December 4H SwingAMEX:IWM chart analysis/mapping.
IWM ETF rally off late October lows on market expectations of the end to Fed rate hikes.
Trading scenarios:
Continuation rally #1 = multiple gap fill / 38.2% Fib / upper range of parallel channel (green) confluence zone.
Shallow pullback #1 = 23.6% Fib / horizontal line (light blue dashed) confluence zone.
Deeper pullback #1 = lower range of parallel channel (green) / 200MA confluence zone.
Capitulation #1 = re-test ~163 bottom.
Nasdaq 100 ETF (QQQ) ~ December 4H SwingNASDAQ:QQQ chart analysis/mapping.
QQQ ETF in consolidation phase after strong November rally.
Trading scenarios:
Further consolidation = descending trend-line (light blue) / multiple EMA confluence zone.
Continuation rally #1 = top range of Fib / ascending trend-line (green) confluence zone.
Shallow pullback #1 = 78.6% Fib / 200MA confluence zone.
Shallow pullback #2 = descending trend-line (white dotted)\
Deeper pullback #1 = gap fill / ascending trend-line (green) / Golden Pocket confluence zone.
Capitulation #1 = 50% Fib
Capitulation #2 = 38.2% Fib / gap fill / ascending trend-line (light blue) confluence zone.
Capitulation #3 = 23.6% Fib
S&P 500 ETF (SPY) ~ December 4H SwingAMEX:SPY chart analysis/mapping.
Spy ETF strong rally throughout November - is it due for a pullback in December?
Trading scenarios:
Continuation rally #1 = gap fill / ascending trend-line (white) confluence zone.
Shallow pullback #1 = descending trend-line (light blue) / 78.6% Fib confluence zone.
Shallow pullback #2 = Golden Pocket / descending trend-line (white) / 200MA confluence zone.
Deeper pullback #1 = ascending trend-line (light blue) / 50& Fib / gap fill confluence zone.
Capitulation #1 = multiple gap fills / 38.2% Fib confluence zone.
Spot A Reliable Bottom Pattern 👀Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Are we there yet? Are we THERE YET? Now? How about NOW ??
We can't help it - towards the end of a bearish cycle, we're all wondering - when are we bottoming? In today's chart, I've pulled up a few of my favorite candlestick patterns and chart patters. I find these especially useful in higher timeframes. And yes, there are MANY MORE. These are just some of my favorites.
These patterns are what I will be looking for in this part of the cycle (accumulation phase). During this part, there can be lot's of foul play, noise, shakeouts etc. I personally won't be convinced of a reversal until a clear pattern can be observed.
While you're here 🖐 Want to know a little more on how to do distributed entry's / dollar-cost-average? See HERE:
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BluetonaFX - GBPUSD Double Top OpportunityHi Traders!
GBPUSD looks bearish. There is a double top forming on the chart, and there are opportunities for short entires. Here are the details:
The market is holding below the swing high resistance at 1.27466.
Preferred Direction: Sell
Entry Level: 1.27069
Stop Level: 1.28375
Profit Level: 1.24325
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Ethereum: Fighting Spirit 🔥Ethereum is currently showing fighting spirit and was able to stretch closer to the resistance at $2138 again, which must be overcome in the course of green wave 3. For now, though, the green Zone (coordinates: $1457 - $1754) remains active, as it could be approached again (both with and without forming a new low).