If you are in an uptrend (use the daily) you are going to look for a few key identifying factors for re-accumulation. One of the most useful ways to know the re-accumulation cycle ongoing is when an RSI set at 7 is below the axis level of RSI (50 level). If you are familiar with Wyckoff you want to look for your spring below axis (below 25-30 level even...
First a little show and tell. The chart below is the 3-day chart of the XRP/USD pair. The two lines you see are the 50-day* moving average (blue - yes on a 3-day chart and the 21-week (green) moving averages. When we have a 3-day life cross (black circle) and price action finds support on the 50-day an explosive move follows. The 3-day chart above of Spend we can...
OANDA:XAUUSD Scenario Planning - LONG Long if break Resistant 1 Long Target 1 = 1879 Long Extended target = 1900 Long if green channel holds Long target 1 = resistant zone Watch 1829 - 1833 to see if price bounces from there Scenario Planning - SHORT Short if price moves to Resistant 1 and got rejected Short target 1832 Long Extended target =...
Following the bounce from the oversold line in March (See posts below) with a target of R1200. We have taken two reaccumulation steps after a shallow pullback to the latest reaccumulation range we are now ready to for a push to the R1200 target. This is also the yearly pivot point and the overbought line.
Technical retracement will be happened next week. Bearish divergence can be seen from the daily graph. Two possible points of entry @ 2.38 and 2.25.
EGLD has been in accumulation for some times now and it broke out with a sneaky pull back which should server as entry for those that missed the break out. It's obvious that it's ready to go on a long uptrend ride. RSI is very strong likewise MA 20 and MA 50 look good at the break out. In the light of this, there a staking coming up on elrond mainnet, believe me...
NSE:IPCALAB is currently at the FIBONACCI LEVELS of 0.618 , and if it sustains this level we can see it going upwards from here. While ParabolicSAR is not giving a clear indicator, however if the share maintains the upside in the upper StocRSI BAnd, the stock can stand the rally. No Big Bets. Disclaimer: The analysis is for the education purpose. Kindly...
Strong Bullish Signal: The pair showed a sharp growth and tested the level of resistance. The price did not break it out, but is still testing it. The move was on the large volume, so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge. Volume Zones: We need to point out the new resistance level 1.2155...
Hi Guys So we can see Shoprite is breaking out of a falling resistance trendline here. But the day is not over! If it closes above trendline then I expect it to move up towards R135 (resistance) and potentially R144 (another resistance but also the point of control according to orders. This is my view. I'm not trading this now. I already have one running.
Is this a Wykcoff - Not sure, but whatever it is, TKN has a an outstanding tradable shares of 532M Shares......My hypothesis is someone accumulating a massive position here.
KBANK -VolumeinConsolidation -+/- 1,960 M Shares
After beating the earning estimates, ZS has a big green candle with a huge volume. Usually when green (or even red) day if there is a huge volume spike, its interpreted as the same trend most likely to continue. The same thing happens on 29 May and stock move big after about 85% after that. Another example of stock NYSE:SNAP mentioned in related ideas where...
This is for education purpose, the day when there is a huge volume spike that trends (up or down) like to continue further. As NYSE:SNAP chart shows on Feb 5 20 huge volume with a red candle. 22 Apr and 21st Oct, huge volume spike with a green candle and upward trend continue.
Sell from 1667.00 and 1183.00, stop 1200.00, target 1068.00
Multi-month breakout in SUM. Look for continuation. Balance area projection up at $26.
This idea could easily make you fortune - but can you hold? Statistics suggest the majority of people cannot - but I'd like to see that change. Following a 90% correction and oversold condition (orange / dark orange column) on the above 3-day chart, I'm now asking myself, is another 2000% again possible? The explanation: The black circle on the 3-day chart...