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Technical-analysis

Support And ResisitanceThe support and resistance should guide with the next price movement, if the price falls to the support it should be time for execution predicting for rally to resistance for a very short term trade and if the price breaks the resistance, the execution with should be made with a tight stop loss. As we can also consider the Golden Crossovers in Exponential Moving Averages ie: 20-50, 20 & 50 - 200. Further study should be made. Thanks & Regards Mohammed Azhar Localogist Trading Co.
NASDAQ:AMD
by localogist
Tesla (Revised Elliot Count)The retracement down for the original ABC i posted was a bit too deep, had to go back and re adjust the Elliot Count. Since originally i had the bottom at $560+ going below that and below .618 brings me to my bear count. Overall market is in a bear market phase now as well. So I will now be expecting a lower low on Tesla, current impulse up is on falling volume so i expect this rally to fail. Sorry but Tesla is not ready for higher prices and instead heading for lower lows. Not a financial advice.
NASDAQ:TSLA
by Elliot618
2
EUR/USD - Technical Analysis & Trading Idea - 60MHi Guys, Today in this Technical analysis of EUR/USD - 60M we can easily observe a very strong Bearish movement in the market from couple of past few days and the market had also respected our Trend Line as resistance, Our 200 EMA also seems to resist market price here. In addition we can also expect Retracement from .382 Level from Fibonacci Retracement tool. And most important we can also observe that our Trend Line, 200 EMA and Resistance Level are meeting almost at a same point so we can expect Bearish movement after a small Pushback and go for a Short Position . I hope this will be Helpful to you. And If if you have any suggestion and questions related this Idea please comment below. -Thank You
Short
by its_dedsec_here
2