If RUNE can hold this level within the Channel and above the moving averages we will likely see it rally up to the strongest nearest S/R levelup at around $3.7
Verizon is certainly one to keep an eye on as it is at the Demand Zone of an Equidistant Channel that happens to be Confluent with a PCZ of a Bullish Bat Harmonic; I'v been watching and waiting a long time for it it for this Confluence Zone to be hit and now that it has i'v just bought 500 shares and am ready to take my chances here.
📈 CHART ANALYSIS 📉 Previously on XAUUSD! (You can hear the intro on US dramas 😁) Gold is on the way to complete the 6th wave in Equidistant Channel (or 5th wave in Elliot Waves). Also, it confluenced well with our pivots buy zone from last 2 weeks. May we witness the final wave going well with our analysis! 😘 Trade wisely and much loves! ❤️
A few weeks ago i posted a Bullish Crab setup for BEST INC and while the price did briefly dip below the PCZ, the price never got near our stoploss and is now well above our PCZ. BEST will be releasing earnings within the coming weeks and i expect it to have major gains leading to and after earnings. As of today i have discovered that not only did BEST have a...
TLT has hit a significant support visible on both the weekly and the monthly at a 78.6% Fibonacci Retrace from the previous low to high. I will expect to see TLT attempt a Bullish Reversal from the horizontal support zone i have highlighted in green. If we get any significant movement below the 200 week moving average then i would exit the trade. As for profit...
AUDUSD Equidistant Channel (Parallel Channel)
Target Price 124.50 | Litecoin Equidistant Channel | Parallel Channel
Wait for price to close above trend line resistance. Next wait for price to retest trend line resistance turned support for an entry. Note: Wait For A Close Above The Parallel Line before entering.
AUDCAD Equidistant Channel
ZECUSD Fibonacci Level 0.382 Price Level 70.36644460
GBPCHF Parallel Channel
Johnson & Johnson