CELOUSDT PRICE CHART Buy/Long Wait green candle support area.
Good day, fellow investors! SPX long term tendecy is still a bull one, so we shall seek only positions in the bought direction. In this last week we have seen the price of the SPX fall down to the 23.60% Fibonacci retracement, around 2840 pts, which was clearly a very good point to buy more S&P500 ETFs to add to your stock position: the price had returned to...
We can see a fake breakout of daily trendline. This usually means exhaustion and we are ready to continue the downtrend. price is touching trendline again and we might have a potential double top at 0.5 fib retracement. We can set targets at AB=CD completion.
We can see a h&s pattern at 4h chart. Waiting for a reversal pattern at right shoulder. I will enter at right shoulder because of the extra confirmation from trendline. You can wait for completion of h&s and then enter. Enjoy.
We can see a rising channel breaking at USDCAD. After that, we saw a bearish flag, a break of the bearish flag and already a retest. We could enter earlier but this is still a good opportunity if you're not afraid of a bigger stop loss. Price also broke trendline at 1H chart showing momentum downwards. Enjoy.