My Thoughts. The market just gave a signal for a trend/pattern change... I think we are bond to be seeing more upsides in the coming weeks to complete the market pattern The market is in a bullish overall, now just made a HL in the overall trend and I think we are going to see a new HH in the current trend/pattern... The market could sell Use proper risk management Let's do the most
NASDAQ:NVDA NASDAQ:NVDA Weekly Elliott Wave Analysis Possible we already turning bearish if price go more upside then Expecting price top around 156-165 and reject big time
HIMS - Cup & Handle pattern + Above the average line 150. Only an idea and not a recommendation for trading
"On Monthly: This pair, Since 2021 has been Bullish. That is due to Monetary policy of Japan that it seems recently it slowly changing. There are two Historical Resistant (160.00 and 155.400) that have been touch, but not broken since 1997. BOJ always interfere with market once the price get to that level. Last month on November, it hit 155.400 and got rejected and it made a Doji Bearish candle that can arguably called Shooting Star. Price is close to 149.00 Psychological number as support in this case. If FED. don't raise the Interested Rate in the month of December, price most likely will bounce back up. -- On Weekly: Last three weeks It made an Evening Star candle formation and a solid Bearish Engulfing candle twice as big of previous candle and this week it's landed at 149.00 Support but a 50/50 Doji. --On Daily: They made multiple Dojis indicating the Bearish push from JPY is running out of steam. Like other U.S Pairs; Since it's the month of December, AND US FED hinting rate cut, AND new U.S GOV, there is a uncertainty and undecided market. -- On Hourly: When you zoom out on Hourly chart, you may notice a broader Bearish set up, Falling Wedge that is formed. Once it hit 149.00, I would look at Bullish reversal set up back to 152.000."
Disclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. 52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think.
The trend seems to have ended in this timeframe / Currently, the trend seems to be continuing. I do not recommend trading until the trend ends in this timeframe and lower targets Make sure to involve less than 2-3% of your total capital and adhere to money management principles This is just a suggestion for consideration
May God have mercy on you buying at these levels. +900% insane !
"On Monthly: It continued Bearish move towards 0.58000 Psychological number that has been tested many times in the past. All three EMA 200, 50 and 20 (BGR) are Bearish. -- On Weekly: It seems it has made a Bi-Lateral flag after a major Bearish move since 2021. It confirms the Bearish move towards the 0.5800 and Trendline. --On Daily: It has made a Double Top to continue Bearish move. Once it hit 0.58000, and depending on the reaction afterward, I would pick the trade. -- On Hourly: Hourly chart doesn't add much to the picture. There is less than 30 Pips to 0.58000. you may notice Head & Multi-Shoulders formation to support Bearish move along with all three EMAs 20, 50 and 200 (RGB)."
Bitcoin will stay in this flag, and if it intends to exit, it will continue its movement in whichever direction it goes.
Slowly knocking out my previous targets. Love this stuff!