Most of the time , the price will eventually break the support line and continue to fall in a Descending Triangle situation. However, in this case the support line seems to be very strong. It appears that the price is going to bounce off the support line and will make a strong move upwards. The good news is that we don't care about the Price Target. We just know...
On the way to reversal mode. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
Targets achieved.
TARGET ON THE CHART.
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I AM not your financial advisor. Risk it for the biscuit.
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
A bearish trend in noticeable followed by more equal lows with a series of lower highs forming a descending triangle pattern. May see low 580.
Ascending Triangle pattern about to beak bullish upwards on 7 Sep,2020. Moving average of 50 days crossed Moving average of 144 days in the end of the trading day on 4 Sep,2020. This was one of the top movers on a bearish market on 4th sep, 2020. Targets on the chart. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN...
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
Again a Symmetrical triangle formation on 45 Min chart, can break either way.
Engulfing Bearish Candle pattern on daily chart. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
A Bullish Engulfing (BE) is formed on a daily chart, this will breakout upwards on 4 Sep,2020 Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
CAN GO UP OR DOWN. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I AM not your financial advisor. Risk it for the biscuit.
It has formed a Symetrical Triangle on a 45 Min chart. The triangle has broken upwards and a big spike is expected on 3rd Sep 2020. Targets maintained as per my previous ideas. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
This has shown a fast and upward movement V shape recovery to its pre pandemic levels. Resistances have been broken. candles look bullish on daily chart. Targets on the chart Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisors. Risk it for the biscuit.
Bullish for long profits. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisors. Risk it for the biscuit.