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Hourlychart

SQ bounce of supportHi, This is my first time posting in the community. Basically, I want to give my overview of what I’m looking at on my prediction for SQ. I formed to two tread lines (one bottom and one top) that show support and resistance levels. Currently, I am looking at the hourly candle in which you can see it coming to support. The other indicators I am using are MACD and RSI. The MACD is showing that the price action is about to move in a bullish trend. The RSI is a bit low but the pattern is showing consolidation. Then I analyzed the 5 minute candles in which I see a symmetrical triangle pattern forming. I am expecting that SQ will bounce off that tread line and head towards an upward trend. One useful indicator I have been using is the 233 Exponential Moving Average which indicates an upward trend. Also, I am looking to go long or even possibly day trade within this week for options.
NYSE:SQ
by menjivar399
1
GBPJPY 26/06/21(Hourly Time Frame) Head and shoulders spotted forming on the 1hr TF. To decrease noise I removed some indicators, however they also indicated a sell occurring in the market short term; - Ichimoku cloud indicates to sell - BB's indicating to sell, however the bands were getting tighter together. (Market bouncing between middle and bottom bb). The 50MA is currently pushing the market down. T/P may be decreased, I predict it will go down to the support zone however invest at your own risk. ***The resistance zone stated isn't the highest resistance zone the market has offered, it is an average Resistance zone I have gauged within a time frame in the market.
by mm_TV_
2
BTC Hourly Updatewe had really nice correction for Bat Pattern as i mentioned at the previous BTC Update. After that we see that price is trying to recover itself again. as you see we have also symmetrical triangle pattern too. there is two strong key level around 40K and 30K which act significantly as support and resistance. and two vital level as i mentioned as blue are very important in the chart that need to hold. there is two possibility for price action: 1: going up to the key level, make a double top and start to falling down or break out from triangle and falling down 2:going up and stabilize above the key level and going to hit new ATH what do you think?
by behnamkarimi6
Walmart by the Hour With the small candle at point A we can see that the bearish selling has been getting weaker. The MACD shows strong bear strength but could quickly weaken. As they are loosing buying strength. How do I know they are loosing strength? Take a look at the RSI. WMT returned to its normal range of 48 for its RSI and does not historically stay that low very long. Follow to see how my trend line turns out, give a like if you are a Walmart Bull, and finally comment your thoughts if you agree or disagree. Would love to hear your thoughts. Thank you!
NYSE:WMTLong
by Myantman101