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Pullback

TSLA: Is This a Top Sign? Only if it Does This. 🤔• TSLA is still in a very strong bull trend, despite the correction this morning; • In the 1h chart, TSLA is still doing higher highs/lows, trading above the 21 ema; • As long as TSLA remains in a bull trend in the 1h chart, hardly it would trigger a sharper pullback in the daily chart; • The problem is that in the daily chart, TSLA failed in breaking the resistance at $182.50; • Even if TSLA loses the 21 ema in the 1h chart, and triggers a sharper correction in the daily chart, TSLA still has the 21 ema (D) as a mid-term support level; • In the daily chart, the 21 ema is near the gap area at $146, making this a dual-support area; • For now, let’s pay attention to the 21 ema in the 1h chart, and on how it’ll react now that it is almost at the resistance area around $182.50. I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
$PI pulled back to its 20 day line. Is it ready to go higher?Notes: * Strong up trend on all time frames * Great earnings QoQ * Created a break away island on last earnings report * Held the gap as support around 105.54 * Tried to break out of the base but pulled back to its 20 day line * Offering an early entry as it's close to its 20 and 50 EMAs * When I last mentioned this stock it was breaking out of a cup and handle (linked) * Has been seeing recent accumulation Technicals: * Sector: Technology - Communication Equipment * Relative Strength vs. Sector: 1.35 * Relative Strength vs. SP500: 1.81 * U/D Ratio(50): 1.25 * U/D Ratio(15): 1.39 <--- recent accumulation * Base Depth: 22.25% * Distance from breakout buy point: -0.36% * Volume -29.91% below its 15 day avg. Trade Idea: * You can enter now as the risk is low and it's offering an early entry relative to its moving averages. * If you'd like a better entry you can look for one around the 124.52 area as that should hold as support. * Or you can wait for a clear break and hold above 129.02 with volume before entering
NASDAQ:PILong
by HaseebKhan_90
Ready for silver shortage high pullback22$ dip still there haven’t broken yet a bit spikey a moment because of the Feds will add half of percentage of the interest rate. Bad news is the inflation still high , new dangerous COVID variant still on the rise and spreading , Russia and Ukraine still at war overall Nuclear War is tightening up and rising, fundamental Recession is coming this year.. etc. But the good news is inflation is still cooling down slowly ( it is bad but if things still on a right track) & best part the rate hikes doesn’t look that bad.. lastly I forgot what else drop the comment what else I’m missing. For silver still in 22$ zone should be able to pull back to make back to 24$ zone visit or double top to 27$ zone or maybe even higher let’s see if 24$ breaks and got into 25$ zone then we will see double top back visit to 27$. If it decide to respect the strong bearish resistance then drop down back to 20$ even lower than 20$ will be absolutely necessary. Let’s see how high the pull back goes so we can snipe that sell off. Trade safe and what are your opinion? What news you have from the Feds and global news?
OANDA:XAGUSD
by JoyBoyVegae
1
SPX: Pullback Ahead! 😱• The SPX failed in breaking our target/resistance at 4k. This is a weakness sign, and it is trying to confirm a pullback today; • As I mentioned yesterday, in my previous public analysis (link below this post, as usual), a correction to the 21 ema in the daily chart is acceptable, but it must not drop too much below this point, otherwise, it might resume the long-term bear trend; • In my view, the 3,889 is the key support. If the SPX loses it, then the bear market will resume; • Meanwhile, the key resistance the SPX has to break in order to reverse the trend is the 4k. Only if the index breaks the 4k we might see something new; • Now it seems the index is in a no man’s land again. Let’s keep these key points in mind. I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
BBBY - breakout dayHi, I know there's been a lot of dates going on and so on. No pressure. And here I present you another date, yep. Based on my TA analysis and recent news noise going out about possible M/A I think BBBY is on the Bullish trend right now. Why do I think it is on the verge of a breakout? It holds the resistance pullback line and volume is drying up. Yesterday volume grown a bit and in my opinion in may indicate possible pullback end. If we break pullback line as on the picture I wouldn't consider selling it untill it pumps really hard. I don't want to give you the targets here but I see the profit is here even if you are for 5/10/100 or even 1000%. -> your decision as always
NASDAQ:BBBYLong
by kamileo
2
CAD/CHF: Long position by pull backIn this analysis ,we analyze Canadian Dollar/Swiss Franc and I see a potential long position that we can to get this long in CAD/CHF. This it's our H4 analysis, and it's mean that made a pull back in H4 timeframe confirmed by this 2 bullish candlestick signal, a doji and a bullish hammer inverted. Both are bullish. I buy right now, Stop loss in $0.6883 CHF and take profit in $0.6990 CHF Good luck ***Tomorrow we have Canada Core CPI, that mean indicator of purchase consumer and it's used to measure inflation rate what are the sentiment of Canadian consumer into this economy.
Long
by harisonhbn9718
10
Education: How To Trade Pullbacks To The Trend LineFor Trend Line Breaks, Wait For Time and Space To Occur. In this example, the trend line was broken on August 3rd, 2022 at 15:00. After the break, the Pullback Trader would wait till price retraces back to the broken trend line for an entry. Price retraced back to the trend line on August 11th, 2022 at 19:00. The Trader would have placed their entry at that time and date. The next retracement occurred on August 29th at 19:00. The Trader would have placed their entry at that time and date. In trading trend line breaks, wait for space and time to occur before entering.
FX:USOILSPOTEducation
by TradeLive-
APEUSDT Channel Low| Daily Resistance| Liquidity| Single PrintEvening Traders, Today’s analysis – APEUSDT- trading away from its Channel High, losing support will lead to a deeper pullback, Points to consider, - Price Action Impulsive - Channel Low Support - Naked Single Print - Lower Resting Liquidity - Market High Low APEUSDT’s immediate price action is trading towards an area of support that is in technical confluence with the Channel Low, Single Print, and a Liquidity Points, allowing for a bullish bias. The immediate objective is the channel high, this will become more probable as resistances get breached on the way up. Overall, APEUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, thank you for following my work And remember, “Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
Long
by AzizKhanZamani
3
BTC: BEST POSSIBLE SCENARIO FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this BTC update. My previous BTC analysis went wrong, I didn't expect that quick pump from $18k to $21k and IMO no one caught that kind of move. Still, I fully accept my mistake and try to learn more daily from the market. Now, let's get to the chart. As you see, BTC is forming a large falling wedge-like structure in the 2-day time frame and currently rejecting from the upper trendline of the wedge. From here, I'm expecting a correction up to $18k-$19k and this is the zone where I buy everything with a tight SL. I'm expecting that after reaching the $18k-$19k zone, BTC will start pumping and breaking this falling wedge. Once it breaks above it then be ready for $30k Invalidation of bullish scenario will be close below $18k So as of now wait patiently until BTC reaches the support zone ($18k-$19k). Meanwhile, in between, try to do some scalp with a strict SL. What do you think about this? Do you agree that BTC should do a pullback from here? Let me know your thoughts in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
18
🎁BUY BITCOIN in pullback🎁🔰You can see the analysis of Bitcoin in one hour time frame (BTCUSD_ 1H)🔍🧨 💥Considering that the price has managed to break the Down trend line🖤 and is making a pullback❗ to it, there is a possibility that the price will rise from this pullback area to the SUPPLY zone🔺🚀 ⚠❗This analysis will be violated if the price goes below the DEMAND zone and stabilizes below it⚠❗ Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉______
COINBASE:BTCUSDLong
by TRADER_STREET
2
Long trade on HALHaliburton is setting up in a volatility contraction pattern trying to break out higher. There is supply at the $40 level, so I want to buy on a pullback off that level to create a profit cushion in case it fails there again. There is also a longer-term cup with handle pattern here with $40 being the top of the handle. Volume is drying up in the base which hopefully signals supply no longer coming to market and the stock becoming harder to buy. I am taking a small pilot position off the pullback to the 50-day moving average (red line) with a tight stop at 35.20. The fundamentals looks great with 4 consecutive quarters of big sales and earnings growth. Analysts also predict another 41% increase in EPS for 2023.
NYSE:HALLong
by rossgivens