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Risingchannle

Nifty spot conditional sellNifty on 240 mins time frame wave 4 unfolding at the moment if 9966 levels is preserved,, still chances of wave 4 extending till levels of 10560 to 10600 levels below 9966 levels if sustains , current peak will be marked as wave 4 and here on wave 5 will take charge,,, smaller time frame levels to be watched 9880 which is peak of 30 april below that 9770 where we have seen reversal for 3-5 times in this rally,, below this levels there is huge gap which would lead nifty spot to 9500 to 9540 levelsss,,,
NSE:NIFTYShort
by RUDRA007
Roku: Examining the Breakout- ROKUExamining the Breakout: Every breakout trade includes a series of structural indicators which signify the various phases of the breakouts progress. In Regards to ROKU, a rising channel was recently broken through causing a massive surge in price valuation. In this analysis we examine these structural indicators so that you too can identify these occurrences and enhance the effectiveness and consistency of your future speculations. Each breakout structure consists of four elements: (1) Macro Trend: All charts inevitably form a trend as daily trading activity unfolds. In this instance, ROKU has formed a respected rising channel which displays significant tests along prevailing support and resistance areas. These areas form as traders/investors speculate different areas which they believe are favorable entries. (2) Price Brace/Thrust: A price thrust occurs when a security value has breached new highs, or surpassed an area of significant resistance. The price thrust represents evident bullish accumulation and demonstrates the willingness of investors to purchase the security at even higher prices. A price thrust is viable within ROKU. (3) Pullback: A pullback occurs typically directly following a significant price break. The pullback forms when traders collectively seek an entry position at the recently breached resistance line. Similarly, stop loss positions are routinely placed below this line leaving room for mistakes where new entry occurs. (4) Symmetric Breakout Trend: When traders speculate on a price pattern breakout trade, they will typically project a target price symmetric to the initial trend that formed the progressing price pattern. In this instance, ROKU traders pushed the price to the symmetric projection where skimming occurred. Price Trend Patterns Identified: Rising Channel Bullish Cup and Handle Rising Channel Breakout Important note: The breakout zone represents the area of volatility subsequently following ROKU's breakout trend. The security will likely pull-back or begin forming a consolidation.
NASDAQ:ROKU
by CanaryJones
2
Facebook, Holding between ranges. FB- Canary Jones Market Climate: Neutral. Hold. Going-Long. Industry: Internet Services Indicators: None Patterns Identified: Rising Channel Broadening Wedge Facebook stock price has for the better of eight years remained trading within a highly respected bullish rising channel. Similar to other major securities or blue chips currently on the S&P 500 or the Dow Jones, Facebook has recently broken beyond major resistance signifying a continued confidence in the integrity of both the security and of overall US economic health. During this breakout, volatility has significantly increased both abroad and domestically. This can be seen by the developing broadening wedge synonymous to the expansion of market volatility. Canary Jones analysts have identified the broadening wedge of Facebook as a potential consolidating structure. Although the price has re-trended back into the original rising channel, the price has also exited and entered on other occasions. Yet, the stock continues to respect the prevailing macro trend. Although Facebook user activity has remained a challenge for the company to retain high usage and greater amounts of screen time, Facebook has directly taken actions to prevent its consumers from spending exorbitant amounts of time on its platform. This has slightly made Facebook a less attractive advertising alternative to other existing platforms such as Google ads, YouTube, and even now Amazon.com. Facebook’s continuing dominance of online social media has also for the most part created a negative consumer consensus that directly impacts their willingness to continue use for prolonged periods of time. Additionally, a string of data breaches and questionable ethical activities has simultaneously disrupted consumer image of the company and its brands. Facebook’s stock price is currently trending between both the consolidating wedge, and the macro rising channel. This crossover has lead Facebook bulls to being indecisive of both direction and reasonable entry. Facebook bulls should consider entry on the supports of either the rising channel, or the broadening wedge so long as confirmation of candlesticks is also evident.
NASDAQ:META
by CanaryJones
BITCOIN IS BACK TO BULLISH CHANNELBITCOIN is back to Bullish Channel, a rise to 8300 is expected within the next few days. Possible resistance level: 8300, 8600, 8800. Support level is lifted from 7500 zone to 7900 zone, as charting, the green zone, which may be retested after rejected by the upper resistance. Symbol: BTCUSD,XBTUSD,BTCUSDT Signals given by 9 Seasons Rainbow Multiple Time Frames Pattern Indicator Blue Signals on 15m - 6H have defined the support levels and predicted the bounces, which should work for next one as well. Blue -> Green: Bottom Signals Blue-->Purple: Break Down Signals Yellow -> Red in 15m, 30m: Top Signals DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
COINBASE:BTCUSDLong
by go8686
2
Dollar is testing support as Investors wait for Draghi and CPIThe Dollar Index is back near support after a failed rally that we saw in August. The support zone includes the bottom of a rising channel, MA line and a structure zone (previously resistance, now potential support) On Thursday we will have the ECB meeting and the U.S CPI data - Two events that can (and probably will) impact the Dollar. The bearish scenario shows potential to reach 93 The bullish scenario shows potential to reach back to the top of the channel What do you think?
TVC:DXY
by themarketzone
NZD/USD Rising channel Will Kiwi maintain its uptrend today? RSI hanging out around oversold area ,also if you look closely on fibonacci 61.8% it's mixed with a good structure on 1h chart.. for me it's a good trade because the sweet reward-to-risk ratio especially if you aim for the previous highs near .7400, but i'm cool with a 100 pips. if you think that Kiwi is done gaining against Greenback, though, then you could also wait for a break below said support levels and execute your sell position. good luck homies
Long
by YaseenG.Housari
2