Trend_Chasin

Trend_Chasin Updated 

Crude has been holding HTF AOI's and continues to push. SXC Itself has likewise been holding and continuing to push off HTF AOI's. Nice ignition volume on friday of last week. Looking for a sweep into a Weekly+Daily Level. Ill be watching at the first demand for an entry, Ideally I would like to see it sweep 9.87 before taking my entry but with that igniting...

Trend_Chasin Updated 

REFR has come into a major monthly level. Upon doing so last time we had a nice expansion on the weekly putting in a triple top then contracting back to igniting level. As well pulled back into the weekly Demand we put in a falling wedge. Looking at the 4H, we had a clear break above the wedge and were in the retest move as the market closed to finish off 2023...

Trend_Chasin Updated 

PL is looking primed to start the move towards new ATH. We have put in a Re-Accumulation on the weekly and are currently in the BU/LPS phase, during which we have also put in a LTF Accumulation on the Daily. I'll be looking to get involved this week long wherever I can find a low risk entry. 1st Target I'll be looking for is 1031.1 After that next targets are...

Trend_Chasin

Overall FORR has held monthly structure, in my view this prolonged down move that has swept lots of liquidity under HTF lows BUT HAS HELD the overall structure looks to be nothing more than a Re-Accumulation move. Supporting this thesis is the 3X increase in buy volume as we tapped into the Monthly/Weekly AOI. Looking at the Daily we can also see a very clear...

Trend_Chasin Updated 

On NYCB we have essentially seen a 15 year consolidation that has broken to the downside leaving value above us and the POC at $12.00. On the Monthly Chart we have broken out of the falling wedge but the buyers came in heavy once liquidity was swept. On the weekly we see a general template for a wyckoff accumulation Schematic with what appears to me as a spring on...

Trend_Chasin

I had an idea prior on SCWX that was deleted for some BS. So here’s the repost. Good luck peeps

Trend_Chasin Updated 

Looking at the weekly chart on BDRY we can see that we shifted bullish in 2021 and have been pulling back since, on decreasing volume. We tapped into Weekly Demand and held a Higher Low, putting in a re-accumulation schematic at the zone. Last parabolic move to new highs took around a year. Looking for new highs as long as the major swing low from 2020 is held. I...

Trend_Chasin

Next week I will be watching GC, initially looking for a move higher back up the 2 Hr Supply Zone. I will be looking for a 5 wave impulse back to the 2 Hr supply and monthly high volume node where institutions will be able to fill and/or exit their positions. The one advantage we have being retail is we can see their footprints in the volume profile. They cannot...

Trend_Chasin Updated 

I have an alert set for when 6B comes into that 4 Hr Supply. A few more basing candles than I would like before the drop but it was a strong enough move to add to the watchlist. It also comes into a weekly LVN right above that Supply Level. One thing I will say is because that high was so weak, almost 7, 4 hour candles with almost the same high, I believe there is...

Trend_Chasin Updated 

I will be watching YM when it comes into the multi-week LVN. It also happens to fall right around the mid line of the regression trend as well. The LVN has not been tested and when it comes into this area I do expect a reaction. I will be trying to grab a bigger chunk of the move but these levels can be used for scalping as well. For confluence there is also a 4...

Trend_Chasin

6A is coming into a weekly LVN at .70500 but if it breaks through this level ad pushes to the next weekly LVN, I like that trade better because it has 4 Hr Supply confluence. Keep it on the Watchlist. As always this is not Financial Advice, I am just sharing the trades I plan on taking for a few reasons, one to log my trades, 2) some accountability and...

Trend_Chasin

Natural gas has been struggling to break out of this consolidation lately and has come into the VWAP off the 52 week high and rejected each time. I have captured a few successful trade off of that anchor the last few weeks. The anchored VWAP is one of my favorite indicators to build trade ideas off of. I look for Low Volume Nodes and Supply and Demand areas to...

Trend_Chasin

Crude Oil is coming up fast on a major inflection level after breaking through the 52 Week High Yesterday. This level also happens to be the .618 Fib level drawn off of the ATH on July 11th of 2008. When we reach this level, I will be waiting to see how price reacts. If it rejects off of this level, there is a good chance it retraces to .618 off the low in April...

Trend_Chasin Updated 

The sellers started pushing aggressively, once the aggressive buyers exhausted themselves after taking out Tuesdays High. I think we see a continuance to the downside on Monday and possibly more of next week. The 4Hr chart looks might ugly as well. It seems aggressive buyers are stalling out in this range. If I were a betting man, which I am, I say next weeks...

Trend_Chasin

Fundamentals don't really back it but this is 2021. The year the rules don't matter.

Trend_Chasin

I just wanted to share this with ya'll. As I was looking at this chart I noticed the huge rounding bottom dating back to 2003. I ran the Trend Based Fib Extension up the initial trend and back down the retracement, and I just thought it was neat and interesting how well price has respected those 1st Fib levels for the last 20 years almost. They had an awesome year...

Trend_Chasin

If we can get a little volume inflow I think we could breakout of this pennant. That Point of Control for the VPVR is falling nicely on that .236 fib retracement level and its had a nice consolidation period. The RSI is still signalling uptrend. No confirmation from the MACD because the volume is so low but the Slow Stochastic is flashing a buy. I like this...

Trend_Chasin Updated 

MDC has been forming a cup pattern dating back to 2005. Its UUUUGE! MASSIVE! THE BIGGEST THE WORLD HAS EVER SEEN! No but seriously, YoY and QoQ they have increased earnings and profits in a steady upward trend. From 2017 to 2020, they increased earnings from 2.5 to 3.8 Billion, while at the same almost doubling the profit margin. 2020 which has been a hard year...