Two days ago I posted an analysis, which expected a correction after a breakthrough of the significant level $41 which made the price to rise even higher without any correction. Now, when we have a clear evidence, that the correction takes place, a various scenarios can be made. Considering the fact, that we are in a continual uptrend (series of higher highs and...
A major bottom is forming in the company everyone forgot about.
I'm long the stock and bought calls: $7.5 strike exp January 15 2021
Price action on the daily is similar to Pinterest before it exploded higher:
I have kept my eye on lookout for a spot to short AMD.
Price has been playing this rising wedge perfectly.
We were looking to short it not too long ago if it would of broke through the support.
Instead it surged to return to the top of the wedges resistance.
We are now approaching the $90 level. I am interested in taking a short position their based off the...
ETHUSD formed doulbe bottom in weekly chart.
Neckline just broken
Therefore we could buy and hold ETH
aim 908! the 0.618 level
1. Try not to use leverage, just buy the real ETH and save it in your wallet.
2. when the price rally to around 500, you can take some profit and hold the rest.
3. Good Luck and all the best!
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XRPUSD 4D: BEST level 40% gains BUY/HOLD(NEW)
EUR remain bullish as we can see the solid structure since May 25th Low, I will wait to see the the correction toward based area before placing long trade.
Traders! if you like my ideas and do take the same trade, please write...
Analysis of #EURCHF
here we have a consolidation diamond pattern, this pattern for me could break either way and the way I trade this is by waiting for the confirmed breakout and then execute the entry
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Check today analysis...
Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
I like the price level of $1540 for entering, as it gives some room to confirm, but also it's a level just past local resistance. Is this a bullflag? Maybe? The measured move would huge! It would put us at around $2300 actually.
Datadog said it earned $284,000 in the quarter when most analysts had expected it to lose money. The stock is down about 12% right now. How does the management team not know it's way cooler to lose money? They clearly did not study the Hooli playbook well enough.
I'm just joking.
But I am looking at Datadog after earnings and well, it has me thinking. This thing...
Alert set for for breakout @ $217.50.
Speculation has hindered the post earnings rally
but market momentum may give the stock the final
push needed to make a sustained breakout.
Stock has loads of room to room before coming close to overbought
unlike its fellow mega caps.
Conservative first stage targets $224-$226
PLEASE GIVE US A LIKE IF YOU FIND OUR...
currently, price bounces off from daily demand zone and formed double bottom formation, please take a note that the price must be confirmed to breakout the resistance level 1 for the secondary trend to be complete.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
DJI broke above the middle of the Channel Up (4H RSI = 75.071, MACD = 190.800, ADX = 49.424) that it is trading in since the June 15th bottom, and is currently consolidating. That middle line has been particularly important as on all previous occasions it provided a rejection. The MACD is also trading inside the July Sell Zone. As a result, we are expecting a pull...
Price action is likely to either Range or Break below 21472. Very likely to see another test to the bottom - 21025.
I think, Gap Up will result in Range and Gap Down will result in Bearish day and testing Support at 21025.
The S&P 500 Index (SPX) is trading within a classic/textbook rising wedge... A bearish pattern.
As a bearish pattern, this rising wedge is supported by bearish divergence on the MACD and RSI.
Be ready as prices can easily drop.
💬 Tech has been in a non-stop uptrend within an uptrend channel as seen on this NASDAQ (NAS100USD) chart. While COVID has been rough in general for traditional businesses and the dollar, tech has had the unique fortune of benefiting from the recent stimulus fueled low-rate lockdown. With this strength in mind, and with top sector companies like...
Hello Traders Investors And Community, welcome to this update-analysis where we are looking at the S&P 500 4-hour timeframe perspective, the recent events, the gap-fill occurred, what to consider now and what are possible outcomes further next times. The major gap which the index formed in the corona-breakdowns seen this year has been filled now properly as...
Gold aim 2300 and 2461
Month Chart gold already break all time high
it's difficult to look left and find resistance area
However, we can use the AB=CD tool
and reverse Fib Extention to measure gold's next
AB=CD @ 2300
Reverse Fib 1.618 @ 2461
So we can still hold our Gold long position
since my last Trading Idea
1. In bullish trending...
Please Support this Idea with LIKE if it is Useful....
the trend is ultra bullish at the time,and the price bounce everytime and makes a new high, So after a pullback continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price gives bullish signal and look for buy...
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.
On EURUSD I see the price continue with the bull run. All Confirmation explained in the Video Analysis.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
Please support us to...
GBPUSD is seeing bearish divergence, potential drop!
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!
This is "Grab Trading System" script defined in the book "Trend Following" by Michael W. Covel. also named as "Two-box system". I made small changes and I guess that it can be improved more.
The definition: Far box defines major trend; system trades only in same direction as major trend, meanwhile fading the signals of near box. Last trade in each...
This is the first release of Renko indicator.
Renko is plotted over candles and best calculates the number of Renko bricks printed up or down per candle which can be viewed from the data window. It plots the high and low of a the bricks, if numerous bricks are printed on a candle, as well as the open and close of a Renko brick.
This will be actively developed...
Renko Level Strategy
Main change of my previous strategy, that it look to one level of RENKO and use ATR value from each previous candle.
I think it is more correct than use levels that appears in first candle of new RENKO level, cause it base on current volatility, but not on volatility that was many candles ago.
Hey! When we all started we passed trough some difficulties in trading.
Usually we face this problems during first year of trading. Most of people by the end of year losing all of money and quit trading forever.
Basically this caused by overtrading and having no idea what to do. Like many business in our lives trading require some abilities and technics which...
This illustration explains the minimum Risk-To-Reward ratio needed based on your average win-rate while using a fixed % risk amount.
"Risk-To-Reward ratio": The ratio of what you stand to lose compared to win.
"Fixed % Risk": A static % amount of your total account balance at risk per trade.
"Fixed Dollar Risk": A static $ amount at risk per...
I am back with my new idea On chart pattern. Today, we will discuss about rounded Top and Bottom.
So Let's talk about rounded Top & Bottom . First of all i Made chart , You can see on screen.
This is >
(+) Rounded Top :
(+) Rounded Bottom :
The rounded bottom formation...
Hello Traders Investors And Community.
Welcome to this idea about the classical head and shoulder top formation which can be found on smaller timeframes as also higher timeframes.
Although there are inverted head and...