Potential gold moves if yields remain under raps or keep falling.
testing daily and weekly double bottom support. Higher highs established on short-term chart 30m Entry 0.91.58 SL 0.9090 TP 0.9290
We have reached a confluence support level (200 weekly EMA+50% FIB+ horizontal support). Volum is raising (bullish) Daily RSI divergence in play.
Bitcoin has been ranging in an ascending bear flag channel for a while now. Now that it hit the bottom of the range once again, the question is where to next?
This Video covers general views of the above tickers, TOP view analysis (longer term charts) Weekly and daily.
Weekly chart Analysis Potential H&S pattern in the making Support confluence on 100EMA, Horizontal support zone, Diagonal support line, Ichimoku Cloud supports all lineup well. The concern I have is a fundamental one, when looking at tech stocks, they may be dropping further if we keep printing higher yields (US10Y & US30Y) (since they are negatively correlated). ...
Elliot wave complete since COVID March 2020 low Projecting FIB targets for a zone of interest to potentially start accumulating or pyramiding long. A confluence of FIBS with Key horizontal Support, moving averages (200EMA), and Ichimoku. Wait for base to form and confirmation before entry and market sentiment to support the bais.
Confluence includes: Fib Extention and projection cluster zone Diagonal and horizontal support confluence Divergence building Price fell 70% from High While I feel there is a lot of competition in the field ROKU is playing in and longer-term they may have harder times, there is a potential that market bargain hunters jump in at these levels, the key will be...
Polka DOT - break of necessity due to nowhere to go? or maybe a bullish falling wedge break at support? RIS Divergence
This analysis is based on an expected short-term retracement, the question is where we may consider looking long rather than chasing the short. Weekly Candle formation ( dark cloud cover. Daily confirmed Double top. Completed AB=CD and reacted exactly from the completion zone. RSI Divergence - Daily. MACD crossed over - Daily Possible...
- FIB Retracement to 0.786 (big picture). - Confluence @ key support - 2014 & 2016 highs. - Completed 5th Elliotte wave. - Bullish Inside week candle formed at support. - Daily MACD just crossed. - Weekly and Daily RSI divergence. - MOMO indicator triggered (78min).
Long-term diagonal trend line Support is about to get tested for the 10th time, bounced every time. Price approaching a FIB confluence level of 0.786 (a retracement of the last leg up) that started FEB 2019, Momentum divergence on RSI and cross over on MACD, Ichimoku cloud on the monthly chart shows price bounce from the cloud, will it repeat this...
Price testing the 0.618 FIB level from the last impulse run-up. Potential double bottom on the 1 hr is evident, Price may go a little lower to test the Bigger picture double bottom neckline. Retracement leg has 5 Eliotte waves evident, Looking for price action to consolidate in the yellow box and provide an entry long trigger. Fundamental and sentiment: Price...
Positive fundamental news today and in the last couple of weeks may shine a light on VUL stock once again. Bouncing of 200EMA Bouncing of bullish trendline support Completed AB=CD RSI momentum divergence evident
Elliott wave analysis calles for a 5th leg to complete. FIb projection provides completion could be at the 0.5 to 0.618 zone marked with a yellow box Confluence zone confirmed by the diagonal trendline , I chimoku cloud FIBs and 200EMA
4H H&S formation was confirmed by the break of the neckline. Retest gap retesting and testing key support, look left. Yesterday's close was an indecision high wave candle. Entry: only if we get price action above the top of high wave candle with volume Stop: $323.5 which is below the previous low TP: $363.4 which equals to, 2 equal legs up->
Price action is testing daily support after closing a gap Chart pattern is a falling wedge (potential bullish break) RSI divergence at support zone. Entry on a break of $72 ( resistance ) or retest of that level after the break. Target $83 Stop $69.5
Reversal pattern in play (candle analysis) rejected resistance Will dropping NASDAQ give it a boost lower? Target longer-term lowes at approx 43.5