The current price of this stock is $56.22; this level is a huge support level if you take a look back to 2014, 2017, 2019. The chances for a huge bounce are very likely. I was looking at the daily chart it has reached oversold conditions of 25.49, with today closing showing a bullish pin bar. The price has dropped from $65 to $55 since the start of June. ...
🔸 WEEKLY CHART EXPLANATION: . . 🔸 Price is facing the Ascending Trendline. . 🔸 It showed some rejection signals at the current zone. . 🔸 We observe that the last downside impulse was very pronounced, however, price is on an uptrend. Higher highs and higher lows can be spotted. In case the Trendline can not hold, then the Support Zone would be the first Target of...
Bank nifty analisis and it says that its gonna be a short entry... Please see the analysis.... #banknifty #nifty #NSE #niftybank
With the news about the interest rate last week on Wednesday from the Fed, we saw a fixation of many bottoms and peaks. USDCAD is another place where we expect the reversal of the current movement. The price broke the Trendline and even make a correction to the support zone. From here we expect a rise to: 1.3742 and 1.3881 What do you expect, do you have active trades?
BTCUSD is moving inside an ascending triangle, after it has broken a strong bearish trend. Look for possible retracements to enter in a long position. Beware of false breakouts due to this compression phase, if breaks the trend, that will be our invalidation zone and stop loss.
It’s in an uptrend so GA should b going up soon. Possible blue candle next, I’d scale down to 15 min when market opens for an entry then SL under last low then TP at 1.85475. If it drops more and makes a lower high, wait for retrace then TP at 1.81218 and SL above the high
From yesterday's idea, TP1 has hit and the chart has switched its momentum from bullish into bearish from different timeframe. Currently, price is making a correction after a massive BEARISH move yesterday. We will be looking for another SHORT entry at 69.34, which align with EMA55 and the previous support. Entry price: 69.34 SL: 70.23 TP: 67.10 It's not you...
Head and shoulders rising formation. Strong Daily resistance at zones 1.14078 to 1.13204. Strong support at zones 1.07628 to 1.08409. High probability the formation will continue. Expecting a turnover to a downtrend.
USDJPY at a key support zone while making higher highs and higher lows on the 4H chart. Enter LONG @ 107.65 Stop Loss @ 107.125 Target 1 @ 108.825 Target 2 @ 109.275 Target 3 @ 110.05
FX:USDCHF at a key support & resistance zone on the daily chart. Trend: Bearish, waiting for the price to resume trend and enter Enter SHORT @ 0.9585 Stop Loss @ 0.981 Take Profit 1 @ 0.94 Take Profit 2 @ 0.92
BITSTAMP:BTCUSD at a key resistance / support zone on the 4H chart. Trend: Bullish Enter LONG @ 9890 Stop Loss @ 9080 Take Profit 1 @ 12200 Take Profit 2 @ 13100 Take Profit 3 @ 14400
Just to reiterate, Looking for price to push up into the fib level and wick or push up into the zone before taking shorts. I have placed a limit order on this area and I will come back to potentially place more orders hopefully some instant market execution orders. If I do want to place IME (Instant Market Execution Orders), I'm looking for price to reject the Fib...
Likes and comments if you want more trading setup. Thank you! Visit our channel! The price formed a spport, and responded positively with a bullish.
To me £ is bullish. In comparison to how it's performing against kiwi and aud which have been the strongest currencies the last few weeks and $ is weak so expecting another swing up. Monitoring price at the 1.26/1.25 level for a lower risk entry.
🔸 DAILY CHART EXPLANATION: . . 🔸 Price broke the Descending Trendline and made a strong upside move. . 🔸 Now, it is facing the Resistance Zone. . 🔸 We are waiting for a definition here. If price breaks to the upside, then the target would be the Resistance Zone at 0.7400, and, if price bounces, then the target zone is the pullback to the Broken Trendline. . 🔸...
Hypothetical scenario: (1) Entry @ 1.13185 (Buy LMT ) (2) Stop Loss @ 1.12955 | 23 points (3) Target @ 1.13630 | 44.5 points (4) R:R = 1:1.93 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Very bullish C&H completed today. Now it's time for the bull run. Will be selling around $420