When the daily chart of Sugar is examined; It is observed that the price movements continue on the downward sloping wedge. As long as the level of Sugar price 1.841 is not broken down, it is evaluated that in price movements above the level of 1.927, it can exceed the level of 2.024 and target the level of 2.287.
When the USDZAR daily chart is examined; It is observed that the price movements continue on the trend line with the formation of an inverted cup formation. As long as USDZAR cannot pass above 18.598235, it is evaluated that in price movements below the level of 17.458306, it can break down to the level of 16.709696 and retreat to the level of 15.620809.
When the EURUSD 4-hour chart is examined; It is observed that the price movements continue on the trend line with a possible cup-and-cup formation. While it is evaluated that EURUSD may retreat to the level of 1.08920 in price movements below the level of 1.10152, it is evaluated that it may target the level of 1.13750 by exceeding the level of 1.12015 in price...
Solana needs a breather and will go down to major support. Ethereum is gonna leave a multi-year long created cup-and-handle formation behind it to the upside. Simple.
Having a look at Nurexone trends alongside Point of Control & Ichimoku Cloud indicators. Current bullish pennant formation detected following a successful Downward Wedge. *Next move: Trace Fibonacci retracement, indicate loss % between ATH and support levels, future projections
NSE:KPIGREEN has recently experienced a significant bullish run, pushing its stock prices to new highs. Following this surge, the stock appears to be forming a classic pennant pattern, which is a continuation pattern often indicating that the prior trend will resume after a period of consolidation. Breakout Potential: If NSE:KPIGREEN breaks above the upper...
The world price of XAU is returning to an upward trend thanks to the simultaneous decrease in USD and US Treasury bond yields. Currently, the Dollar Index, a tool to measure the strength of the USD, has decreased Although there are many influencing factors, it can be concluded that the factor strongly influencing the current gold price is the expectation of the...
__________________________________________________________________________________________________________________________________________________________________ Hello my friends! This is a update-analysis on a idea I made november last year! I called that we are trading in a huge bull-flag with two possible outcomes. Now we can see that the bull-flag I...
Hello traders and community! Looking on the current cryptomarket situation, LTCUSD is forming an interesting pattern which is worth to look at. On the daily timeframe you can see that LTCUSD is forming an triangle-formation. This is a pretty worthy signal because we have several factors which make clear that LTCUSD will make some more legs down. In my chart you...
Uptrend Observation: The first notable aspect of NSE:FSL stock is the sustained uptrend it has displayed over a significant period. This bullish movement is characterized by higher highs and higher lows, indicating a strong buying interest in the market. Identification of Pennant Pattern: A Pennant is a technical analysis pattern that resembles a small...
The hated hatted-goose formation defies wall street, central banking, and centrally controlled governance. Watch out as many crypto companies, organizations, and groups of decentralized intelligence seem to be poised for upward movement long term. SC is bullish .
Hello dear traders and community. Looking on the daily chart of USDJPY we see an interesting setup forming here. On my chart you can see the huge head and shoulders formation forming. It is a complex head and shoulders formation with two minor left shoulders already formed in the major left shoulder. Also it is inverted that means it can complete with a bullish...
NSE:ONMOBILE Is forming Pennant. The trade should be taken only after confirmation of pattern that is after closing of candle above pattern. Target and stoploss for the same are given
Euro is trending up while the dollar is heading lower. We're at the bottom of the broadening formation, a break in LTF structure is a good trigger for a long to the top of the megaphone, not that I believe in LTF structure breaks per se - I'm already long. Trade will take 2 - 4 days I expect. You can take profit at the top of structure (BSL), at the top of the...
Looks like a perfect long entry .718 golden pocket lines up with imbalance and has a strong market support area right under it. We are now confirmed bullish after a recent break of the newly forming bear structure. Im now looking for uj to retrace and go back up.
Bajaj Auto (NSE Ticker: BAJAJ_AUTO) is forming two back to back bearish patterns on the hourly chart. First bearish pattern: Broadening formation Second bearish pattern: Head & Shoulders We see high probability of fall in price in the coming days toward measured move and 200SMA target of 4410.
formation base at lower levels, debt-free company, extractive PE levels
✅AUD_USD broke out of the Bearish flag formation While trading in a downtrend So we are bearish biased And a further move down Is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅