Still currently in downtrend as we can see lower highs and lower lows. 11.36-11.5 would be a good range to buy if it pulls back a little. This will give better risk to reward ratio. Currently watching to see if it can make a higher high in 4h time frame. Also bought buy Berkshire Hathway
Bullish Indications: Multiple bullish engulfing patterns with significant volume spikes suggest strong buying interest. The presence of a Doji at the current price level indicates market indecision but also potential for a reversal. The current price is near the Fibonacci 0.0 level, which might act as strong support. NOT FINANCIAL ADVICE , DO YOU OWN RESEARCH
I didn't take any trades but, I think that was for the best.
Hello hello Looks like dollar is about to breakout and we can see the ascending triangle and also long term trend line above. Once it breaks 152 and stays above, it confirms the move towards 160. Happy investing
Just playing around with charting patterns...seeing if price will drop lower given the current trend. Not financial advice.
The near future on BANKNIFTY looks pretty intense. Many market participants are expecting a correction and some are just looking to buy on dip. I have drawn 2 possible outcome with the help of wave analysis. The red line is correct wave, whereas blue line is impulse wave. I will track this wave and update in case things change. As we all know nothing is certain...
A bit of a long reach but why the heck not! If confirmed, an Inverse Head & Shoulders with a target of $73 is in play. these wild swings in the chart are most likely signs of heavy accumulation while not wanting to move price too much... yet.
MongoDB has currently seen a big downtrend and is approaching a gap which can be filled.
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
SPY may retest its high of 550, however, it isn't required. If Wave 5 is complete, I'm looking for a ABC correction to PT1/wave A target of 518.
Say what you want, but crypto has an incredibly rich history of adhering to the notorious "4-Year Cycle." Much of this can be attributed to BTC's halving schedule, whereby block rewards are cut in half roughly every 4 years. If you look back at BTC's history, and even ETH's first cycle, you'll see it typically takes 3 years (156 weeks) until a new ATH is...
Good Evening and I hope you are well. overall market comment Indexes - Bit Groundhogs Day much. Another small green day for the bulls and again, all markets stayed inside their ranges. Triangles live on. Atrocious to trade if you don’t like to scale in with wide stops. Markets are clearly in breakout mode and tomorrow could be the day imo. My base assumption...
Good Evening and I hope you are well. gold comment: Daily ema at 2346 and we closed 2339. Bulls can’t close above it and bears can’t break below 2300. Today was strong enough for bulls to try and get a second leg. Measured move is up to 2375ish. current market cycle: trading range key levels: 2300 - 2360 bull case: Bulls first target tomorrow is to stay...
PBF has consolidated and seems like it has formed a base. If it breaks the trendline, we can see upside movement, First stop loss seems to be at 5% and second at 11%. Berkshire Hathway has also opened a position in this.
Polkdot is my favorite crypto coin right now. I came across this coin after speaking with a MIT professor a few months ago. I really like the use case and the team behind this coin. That being said, I think we've reached the bottom and are going to turn upward going into the remainder of the year. My first PT is 15 and PT2 is 22.
Hi there traders We received a new signals from the EnF Breakout Strategy: BUY on ETHFIUSDT See idea for breakout entry, targets and stoploss Only enter the trade when the price breaks above entry Check out more on the script: To get access to this script, DM me