We're simply looking at the difference between two stimulus regimes.
With the BoE indicating that there would be a cap to stimulus, whilst the Fed earlier last week pretty much took a 'whatever it takes' stance, the longer term differential in narrative was created.
Whether that sustains is a different story, since context can change rapidly, but intraday, those...
Simple comp between QQQ and IWM. Spread between the two reaching its highest level today with tech rallying and small caps underperforming. One theme that has been developing over the past month or so is whenever the Nasdaq makes a new record high, other indices fail to see the same follow through while virus headlines continue to worsen.
DeFi coins is hyping around crypto and here is TA for them.
On FTX we can see the DeFi Index based on charts of COMP, KNC, LEND, MKR, KAVA, LRC, REN, REP, BNT, SNX and ZRX (each coin is weighted equally). It can be traded at FTX with up to 100x leverage.
So on the price i marked all triangle shapes and found Giant Wedge
It already breaking out from it and...
Volume Profile Fixed Range Analysis
Takeaways:
1. The previous dominant trend direction moving into the beginning of the year can help in determining the direction of that year's trend.
2. Consolidation (range) occurs at High Volume Nodes and can determine the direction of the emerging trend.
3. Price has largely Distributed throughout 2018 the Accumulation...
Here is the modern history of Bitcoin. I find 7 Phases of the bitcoin from the top of 2013.
1. Descending Triangle Phase
Price in form of triangle, in 2013 this pattern last for about 398 days.
In the 2018, we can see similar triangle shape and price last here for about same period in 341 days. Next phase
2. Ascending Triangle Phase
After breakdown of the...
Hello, my dear!🧡 Hope You are good💋
Have you ever noticed, that there are corrections in life, as in the market ? 🤔
🚀Yesterday you were ready flew to the moon, you were full of strength and vitality, but today you feel like you are falling to the bottom ... And deeper deeper ....!😞
💪🏻 But remember, that day is...
Everything is beautiful in the news, I've already wanted to buy crypto and become a multimillionaire.
1) In 2020, Bloomberg expects some re-test the Bitcoin the highs of 2017, and even "BTC will achieve a new record of $ 28K."
2) Charlie Lee is waiting for the huge bull run on the cryptocurrency market.
3) Crypto Research: Bitcoin might appreciate to $ 340K...
Hi Everyone! We still see downward pressure very much present in the 12h, 24h, 2-Day and 3-Day time frames. Be super careful if margin trading right now. If looking to accumulate bitcoin, I mentioned a price range to consider for scattering buy orders. Do not assume the price action "must" come down significantly during a period of downward pressure. It's...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The GBP/USD showed rapid growth after the Steep Fall. The Support zone has been reliable and the price is expected to form the Head & Shoulder pattern , hence to rise up.
GBPUSD is one of those pairs that walks very well along lines and levels. Given that other external factors will not affect. Therefore, now I am waiting for a move up to the level.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2403). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
It breaks all the resistance and currently there is no resistance that PYPL conform that it will move down.
The stock will gravitate little downwards from current level and will continue move upwards.
The stock is bullish.
Smaller time frame for better understanding:
Above 175.48 level can move up-to 182.07
Down...
Alright. You're going to to have excuse my brevity and tardiness as i get this entire thing typed up, and was about to post but for some reason it exited out of itself.......... Which is incredibly annoying because these take me about 45 mins to an hour to complete, and this one was really good.
So here we go again.
Today when i woke up we were about 5-10 points...
ATVI is on the verge of a range break.
Tight wedge has formed with 2 inside days.
Possible breakout in the next 2 sessions which
should be quite rewarding.
Lower candle wicks show that Bulls are in control
and Bears have been unable to force a break
to the downside.
Alert set for break of local trendline for
possible long entry.
PLEASE GIVE US A LIKE IF YOU...
SPY Market Breakdown - July 1st, 2020
1H chart of SPY update from previous post, looks like it's fighting to regain this upwards channel it was trending in for the last few months.
I said last post that we were losing steam and if we keep getting more and more 2nd wave corona news I could see $280 puts.
Well no bias here, saw JP on Bloomberg news this...
Today we expect the NFP report to be published. (Extraordinary on Thursday due to July 4)
This is Trump's last July 4th before the election, and he needs good data.
These are our expectations.
Technically we have:
- break of the down movement of H1
- higher bottom
- higher peak
Resistance levels:
25 987
26 172
26 357
📍 The Pinned Buyer
=> The move lower is justified, since Equities at these levels are as good as forced. After Fed and other CB intervention has stopped, it will inspire anything but confidence.
=> So a health crisis, thirsting for a vaccine allowed Equities to outperform last Q as a haven for the bizarre 'Keynesian stimulus'. The correct move was a...
Its Breaking Out. Need follow through tomorrow. Epic Short Squeeze is coming. More Bears than Bulls compare to March Bottom. So its not the Top everyone looking for.
The Dow Jones started down-trending on June 8 and also painted a "Flag" pattern, but yesterday it broke out.
The RSI indicator is not tanking anymore, MACD shows a beautiful divergence, which signals a possible trend reversal.
For now, I am neutral (but more bullish than bearish) on this particular play, because of the potential scenarios.
I see 3 of them;
>1. We...
Finally, the price reached my target - a strong resistance level of 1790.
I expect a strong fall from this level.
price will fall Minimum to the support line.
If fall is strong, I will update the idea and change targets.
About this level
Past...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Do you remember my first forecast for gold, which showed growth to the resistance line 1800? All those who believed in me have already earned 700pips with me, on the same forecast!
Now there is not enough up to this mark, here is a new idea, and thanks, who was with me.
So, we are waiting...
Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
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-24/7 uptime so constant updates
USOIL/WTI H4: 44/45 USD/bbl SHORT IT(TP/SL)(NEW)
IMPORTANT...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hi Everyone! We still see downward pressure very much present in the 12h, 24h, 2-Day and 3-Day time frames. Be super careful if margin trading right now. If looking to accumulate bitcoin, I mentioned a price range to consider for scattering buy orders. Do not assume the price action "must" come down significantly during a period of downward pressure. It's...
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
Price is facing bullish pressure from our trend line, 78.6% retracement and 127.2% extension where we could see a bounce above this level. Stochastic is approaching support as well.
A brand new indicator from the developer of MOST (Moving Stop Loss) indicator Anıl Özekşi.
Optimized Trend Tracker OTT is an indicator that provides traders to find an existing trend or in another words to ser which side of the current trend we are on.
We are under the effect of the uptrend in cases where the prices are above OTT ,
under the influence of a...
Elliott Wave Principle , developed by Ralph Nelson Elliott, proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. These waves are a result of influence on investors from outside sources...
Hello Everyone This Indicater Base on (RSI and Stoch) COMBINATION With Color Combination.
You Can also use for
1-Divergence.
2-Overbought.
3-Oversold.
4-Breakout.
5-Support & Resistance Zones.
This is something about Trades Management (How to manage your existing position)
1. If the trade went well ( You are in profit ) , When Reward / Risk Ratio hit 2:1, Close Half position. (You can also close all, if you feel good enought to take all the Floating Profit, but you will have the opportunity Cost of not be involved in the next trend , Hard to decide?...
From time to time, I get messages from you asking why I don't provide trading signals with exact entry and exit points like other traders do. In this post, I would like to add more arguments to my previous statements explaining why trading signals are useless for novice traders.
I wrote in this post that trading signals wouldn't make you rich. Please read it....
Hello, friends, today we are talking about STAGES OF TRADER's FORMING 👊🏻👊🏻
💡() - Link for good view!!!
Professional growth involves going through several stages.
🔥 1. Unconscious incompetence
💡 randomly opens and completes transactions without a specific trading system;
💡 doesn't care about risk management;
💡 often...
