Sergey Golubev / Blog
Amazon stocks might be in for more gains, as price just recently broke through a key resistance zone. Price just closed a few days above the 200 simple moving average. MACD is heading higher, indicating that there’s buying momentum present and may be enough to sustain the rally for Amazon stocks...
The Falling Wedge: The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range...
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. Prior Trend: In order to qualify as a reversal pattern, there must be a prior trend to reverse...
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. However, this bullish bias cannot be realized until a resistance breakout. Prior Trend: To qualify as a reversal pattern, there must be a prior trend to reverse...
D1 price is on primary bullish for trying the breakout on open D1 bar: The price is breaking triangle pattern for uptrend Nearest support level is 116.33 Nearest resistance level is 118.97 W1 price is on primary bullish since the end of October after the secondary correction...
D1 price is on primary bullish market condition with ranging between 1.2599 resistance and 1...
D1 price is on primary bearish with secondary breakdown. W1 price is on primary bearish with ranging between 1131.93 support and 1255.10 resistance levels. MN price is on bearish market condition for trying to break 1161.17 support for the bearish to be continuing. If D1 price will break 1207...
US Dollar Forecast - Dollar Ready to Take Advantage of Market Unease But Rates at Risk Until the market can close its disparate view for the timing and pace of rate hikes to that of the Fed or the Primary Dealers, premium will start to waver...
The Ascending Triangle: The ascending triangle is formed when the market makes higher lows and the same level highs. These patterns are normally seen in an uptrend and viewed as a continuation pattern as the bulls gain more and more control running up to the top resistance line of the pattern...