This Hut pattern, very unique type of pattern in charting , yes Bank is very cheep stock at this price CMP is 17.70, Hope this has been completed, and it will touch to its life time high 30-35 rs in next 3-6 months
For TESLA we will be monitoring the moves, price action and will try to buy once our setups gets triggered.
For ADAUSDT we will be waiting for a small drop before we look for the buy setup.
Looking at the CADJPY daily chart, we can observe a potential corrective pattern forming. The price action has been showing signs of consolidation near the marked blue box support zone around the 105.00 level. If the price respects this support area without breaking below it, and we see a strong bullish reaction, this could set up an interesting opportunity. The key observation here is that any significant bounce from this zone could trigger a broader upside move. Should we see such a reaction materialize, the pair might gain enough momentum to challenge and potentially break above the November 2024 high, which sits around the 111.50 level. This scenario would be particularly compelling if we see clear rejection of prices above the blue box support, formation of bullish price action patterns at current levels, and strong momentum on the initial bounce. However, traders should remain cautious and wait for clear confirmation of the bullish reversal before considering long positions, as the current downward momentum would need to be definitively broken first.
We are waiting for market to break 2865 and give us a reaction from 2860 and we will trade that up wave if we get our setups to 2910, 2915.
It has been some time since I talk about BTC. Just now, I saw an expert talk about how it is rising further. It is said it is now in consolidation + shakeout before being predicted to go to 110k. My humble OPINION is that it will NOT move up much more. Previously, when I anticipated it to go to $108k, which it did, that is the LONG TERM 'D'. Long term meaning it takes a long time for consolidation before price can move up. We are talking about months, not days or weeks. What these 'expert' is trying to get you to do is to be greedy + FOMO and do the stupidest thing which is to BUY when price is HIGH!!! To BUY now when price is high is nothing short of STUPIDITY. To BUY when price is at the long term 'D' is also nothing short of STUPIDITY. Know that the opposite of CONSOLIDATION is known as DISTRIBUTION, hints of which is already appearing - if you know where to look. If we look at the chart, price is now hovering at the 'C' - NOT a good sign for the BULL. If we look at the chart, recent price STRUCTURE is NOT looking good for a price to move UP. However you look at it, do you see an A-B-C-D structure pointing UPWARDS? Know that based on the structure, SELL now with SL just above 'B'. Good luck.
Basis: Weekly volume profile // 1 hour timeframe price action - Hourly price action currently losing the point of control level for the current week - The current value area low at 95,852 is worth a bid for a short term move to the next supply zone - Risk: 1%
I hoping for a put back to 220070 so I can enter a long to the next all time high
Bullish expectation on weekly for GBPUSD if this happens.
These targets on this chart and fib shows that this coin has been here many times before. It's awaken. Great buy opportunity is now. Sell at the 1 on the fib! Easy gains.