Look out for the Head & Shoulder! Hope it completes the pattern. Fingers crossed.
IS ETH making a head & shoulder to complete the cup and handle? I am overall bullish by the way!
US100 can bounce back from the bottom of the channel.
The Channel bottom is tested and there will be a bounce back in price action.
Formation of Head & Shoulder is a bearish sign and the price may continue to drop further!
In my opinion, we have seen the bottom of BTC. Its time to accumulate BTC! 1. Weekly Bearish Trend line broken and retested! 2. Accumulation Volume speaks for itself! 3. Divergence on RSI!
Very little room left for shorts. Bulls are warming up and accumulating! BTC Bullish Case! 1. DXY is Bearish . 2. Bearish Trend line as support. 3. Volume Uptrend. 4. Divergence. 5. Wyckoff Accumulation. 6. Head & Shoulder Completion. 7. FIB
BTC is turning into consolidation zone. When the retail investors are fearful, whales and smart money are accumulating!
Time to short Coin. Perfect Head and Shoulder Pattern. Trend Line is Broken.
Bearish Case: 1. October is bearish month for EURGBP . 2. Channel already broken and retesting of channel done. 3. Price will retest 0.618 fib level where major monthly support is. 4. Bearish Candles Entry - 0.87874 SL - 0.88100 TP - 0.87202
UBER has broken the trend line resistance and is moving up. Formation of CUP & Handle on daily supports the long case for Uber. Entry - 32.50 SL - 27.60 TP - 41 Disclaimer: Not a financial advise. Do your own due diligence.
Bitcoin will define its final low at 14,000 in the coming days. Surge in volume shows accumulation has already begun.
EDR Bullish Case: 1. Up trend. 2. Bullish Candles (3 White Soldiers) Entry - 20.91 SL - 20.20 TP - 22.80 Disclaimer: Not a financial advise. Do your own due diligence.
PG sets to complete its inverse head & shoulder formation which would shoot the price to an ATH. It is the best time to make an entry now with the formation of Bullish Harami Candle. Also, Bullish Divergence, ABCD pattern and retracement of price from 0.5 Fib level supports the idea. Entry - 156 Target - 165 Stoploss - 153 Disclaimer: Not a financial advise....
Bulls Case: 1. Major Support 2. Hammer 3. Fib 0.618 retracement 4. Double Bottom 5. Bullish Divergence ------------------------------- Plan - A Entry - 86 TP - 96 SL - 82 ------------------------------- Bears Case: 1. Bearish DOW 2. Bullish Trendline Broken ------------------------------- Plan - B Entry - 81 SL - 83 TP - 71
Bullish Case: 1. Major Support 2. Potential Triple Bottom Formation due to large bearish candle. 3. Bearish Trend Line broken. ------------------------------------------------------------------ Plan: Wait & Watch Buy - 101 (At support) SL - 98 TP - 124
Short Term Bearish Case: 1. Formation of bearish harami. 2. Formation of HH which will result in HL. 3. Fib Retracement to 0.618. 4. Formation of Bearish Bat. 5. Retesting of 100MA 6. Bearish Divergence. --------------------------------------------- Action Plan: Entry - 1090 TP - 1001 SL - 1110
Bullish Case: 1. ATL is floored in March followed by a Bullish rally in April as happened previously in 2020. 2. Price is on a major support. 3. Bearish Trend Line is broken with a green candle. 4. ABCD pattern completed and price has retraced with bullish candles. 5. Formation of Bullish Rectangle 6. Bullish Divergence 7. Fib retracement from ATL to 0.236...