Interesting opportunity arises here for GU. high percent of being profitable.
EMA 12 just crossed EMA 26, which means SQUID is starting an uptrend. Break this orange zone and fly to the next one.
In EURJPY, it appears that the 4th wave correction has completed in the form of a Zigzag. I anticipate further downward movement. Consider entering short positions after a confirmed break below Wave B.
Price was in a strong down trend, however a bullish divergence appeared on 4H timeframe which led to the break of descending trendline. Moreover, an inverse head and shoulder is also completed, indicating the control of bulls. Further. a higher high followed by a higher low is a confirmation of a bullish reversal as per Dow theory. Targets are mentioned on the chart.
I am continuing to follow the price target from my original cup and handle on TSLA, but one might evaluate the break out of the ascending triangle for their price target. Either way, if you are looking to be short on TSLA, you might want to sit this one out for a bit. Large time frames are supporting much larger price movement for TSLA.
EURUSD will undergo a correction towards the "Base" zone of the Rally Base Rally where this zone is supported by the Daily EMA After touching this zone, EURUSD will rebound to continue its "Bullish Trend"
Hello, Like altseason arrived, Ethereum established a bullish trend in the green channel. Furthermore, the price has been in the consolidation of a symmetrical triangle (green triangle), which seemingly broke upward. The bullish channel and the symmetrical triangle indicate the optimal risk-reward ratio for a long position. If the break isn't a bull trap, ETH might continue going up until the $4500 psychological resistance, which aligns with the top of the channel. Breaking the channel upward could send ETH to $5300. Following a bearish scenario, ETH might be rejected from the current price (top of the triangle), in which case, it might find support at $3400 - the middle of the channel. Regards, Ely
Wave c in Ending Diagonal Breaks up only level = 1.1300 $ , know only the correction is finished ✅️ ✔️ It could not reach the end of Diagonal if the volume starting increase rapidly.
Keeping it simple on this rising wedge. Good RR right here. 2week exp
Hey everyone! ? If this analysis resonates with you, don’t forget to hit that ? and follow for more high-value setups! ? ? Technical Overview: ADA is showing strong bullish momentum! It is forming an ascending triangle pattern in 4hr time frame and currently, retesting it. Long some here and add more in the dip. Entry range: CMP and add more up to $1.16 Targets: $1.28/$1.42/$1.56/$1.70 SL: $1.0950 Lev: Use low leverage (Max 5x) Why This Matters: The setup points to a decisive bullish breakout for ADA! With the confirmed retest and strong support levels, it’s looking like an excellent opportunity for traders. ? What’s your take on ADA’s price action? Are you seeing the same breakout potential? Drop your thoughts and analysis in the comments below, and let’s ride this wave together! ?