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Parallel Channel

Good opportuniy to invest in GOLD.All observations on chart. MULTIPLE CONFIRMATIONS & EXPLANATIONS OF DRAWINGS As you can see gold bounced tom 38.2% fibonacci level a good level to buy the dip. 19% correction from the top till pre covid levels Falling channel pattern visible on charts, usually gives good move on the upside. Double bottom pattern breakout given today. Price comfortable above 20 moving average & made a new swing high Overall this is attractive price to enter from long term view.
TVC:GOLDEducation
by varadtambolkar
6
ETH USD Harmonic Shark Price reversalEtheruum is on the move of price reversal. It has already made a high of $1439 and the projected between 1.13 to 1.618 Fibonacci level of XA. Now this pattern is creating a typical Harmonic Shark Pattern. Which is a bullish reversal in deep. We can expect a PRZ between $640 to $ 607. SO there might be the downfall of around $1200 estimated but this is the most compact zone of reversal which can be estimated from the calculation of different reference points but the downfall may touch 443 level also as per the reference points, chances are less. Though this is a bullish reversal so the targets are given with the dotted levels. This calculation is totally my viewpoint. Please trade according to your thought process.
BITFINEX:ETHUSDEducation
by absu21
SGX Nitfy Consolidation PAHourly Chart of SGX-nifty shows the speed of movement came down since it got into the yellow parallel Channel and become range bound which is between 13222-13167. Now , until and unless it breaks the higher level of the range it will be in this sideway zone. But if it breaks out the yellow channel then there is the probability of move towards 13442/13529/13629/13779 levels ( These are all Fib extension levels previous lower low and recent higher high). Now if it doesn't breaks the yellow channel then it may continue and further chances of attempt of breakout towards upper side will be high till it stays in the intercept of both the channel. The chances will come down once and the longer it will continue in the yellow zone. Slowly it will show the weakness from side way to breakdown...
NSEIX:NIFTY1!Education
by absu21
Ascending Triangular Chart Pattern, Trading is all about skill Ascending chart pattern is a type of Triangle chart patterns . Ascending chart pattern is formed when price has a resistance and is forming continuous higher lows. Adequate buy or short area would be after the price gives a breakout .Ascending pattern you can short or buy as well . Wait for the price to give a breakout and enter in which ever direction the breakout is given . Please Share , Follow and Like if this content was useful and you gained some knowledge.
NSE:AXISBANKEducation
by Deepak_dc93
3
nifty ewt formationIs 4th wave possible... what do you think .. plsss comment below -------------------------------------------------------------------------------------------- this only a prediction if possible ..... we can say perfectly about 5th wave But at first it need to complete its major wave -------------------------------------------------------------------------------------------- ====================================================================================================================================================== ------------------------------------------------------------------------------------------------------------------------------------------------- as we can see it is 78.6 % .... so now it may possible that after touching 12,000 (161.8%) can show a fall for 4th wave -------------------------------------------------------------------------------------------- lets see what happens
NSE:NIFTYEducation
by TRADING_DUNIYA
2