Retesting
GBPUSD price is near strong support zones and can pump more As we can see price broke an important resistance zone here that is the black trendline and here we can expect retest and more pump after that also if the price receives correction here strong support zones ahead are mentioned on the chart too.
Notice: 1.3130 is the last support here if it breaks price can easily dump.
DISCLAIMER: ((trade based on your own decision ))
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XAUUSD near local resistance zone and we can expect local fall The green trendline was an important support for GOLD and the support broke and now this green trendline is working like resistance and also if it remains valid as resistance then retest of a breakout is also completed and we can expect dump here like red arrows.
if 1815$ resistance break market is bullish or at least range here for while.
DISCLAIMER: ((trade based on your own decision ))
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Clearly It's choppyI think it's about time to admit we can't keep going up forever and there are levels down at the 20K zone that we never got back to when BTC took off after the pandemic I could be wrong but if you'll look at the circled tops I have here the patterns look awfully similar to the pattern right before the big dip to 30K just food for thought
ANGELBRKG BREAKOUT BUY ON RETEST HIGH VOLUME !!!!!!!NOT A TIP OR CALL ONLY FOR EDUCATION
* Triangle pattern break
* High volume
* Retesting previous levels
NSE:ANGELBRKG
NEO/USDT Update: Closing the gap to old supportCurrently Neo closes the gap to the old support arounf 40$.
We still did not see new ATH which lies around 180$.
However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback.
We broke out of the upwards channel and try to get back in again.
The volume over 2021 is high which indicates demand.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
$LMLLF / $BUZZ Cup and HandleRetest for this cup and handle breakout is at .145 and will see some solid gains. Retrace has been consolidating and will break fast and hard.
ZOM to retest the 200ma perhaps?I think the latest days have been amazing for ZOM, Truforma is coming in Q121 and so other solutions in the pipeline, the prospects for the company are very good.
This team have been working for years and deserve a better company stock valuation now with their new developed technology.
For the short time, I think the stock is likely to retest the 200ma, perhaps around 12ish and consolidate, but I wouldn't get surprise if the stock shoots up to 20 cents or over.
Still Bullish But It’s A SellSo early I published a bullish flag and then the break out to off to the moon. Well I decided to take the retest even I categorize myself as a breakout trader.
At first my psychology had the best of me as I thought I my have entered to early and price reversed and went higher at the beginning of the 11am candle. So scared newbie I closed those positions before the event over $5 in loss.
Then at 11:35 price dropped and went into sell as I had predicted originally so I waited til the close of the 11 am candle to confirm the retest.
Lesson learned here: be patient, be confident, and let the market come to you. There is nothing to fear but complacency.
COSBTC is retesting 200 ema 🦐COSBTC is retesting 200 ema on daily timeframe.
IF today close above, can be a nice buy signal According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
AUDUSD - Repetitive Pattern? - EASY Market StructureHi Traders!
The market is clearly in an uptrend.
It is making higher highs and higher lows (see arrows).
So, the first trending move was until the orange Resistance area at around 0.62000.
After that, it retraced back.
This Retracement Move was in a parallel channel.
Then the market broke the channel and the Resistance too.
The second Trending Move was until the Resistance at 0.64500.
After that the market was making a Retracement Move.
Now the market is also testing the broken Resistance - which is now a Support.
We recommend to trade the Breakout for a Trend Continuation!
Thanks and successful Trading :)!