Daily timeframe, using volume profile shows a drop to 7.6 is likely a 1.7 R:R trade seems reasonable
Hello, I am short ETH at this level, will move stop to even once we bid around 1900 level. Final target is in at the AVWAP, roughly around the POC of this composite profile. SL is about $100 from where we are now.
CME_MINI:NQU2023 With the help of USA news release during NY session, price action reached the upper highly traded levels of June 22nd Trade Well Trade Smart
GME this past week showed a nice reversal as seen on the 30 minute chart. Price hit a swing low on May 2nd and then rose the rest of the week. Is it riding above the linear regression line set to draw context and direction. On the anchored VWAP bands GME has crossed over the first standard deviation VWAP line as well as the mean VWAP. Buying volume has...
I'm Bullish on Intel. Bollinger bands have tightened and volatility will be making it's way into the stock. This stock has been in a downtrend for almost 2 weeks now, as depicted by the trendline I've drawn. OBV has curved upwards and we have a total of 3 virgin points of control lingering above the current price. If we can break above $29.07, we should easily...
Yesterday i predicted the price of NYSE:MCD reaching 298. Here we are.
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Link to the template - www.tradingview.com Hey there! We're excited to share with you our amazing Trading View template that's designed to give you a head start on your analysis. We want to let you know that to fully take advantage of the most indicators, you might need a Trading View subscription of sufficient level, but trust us, it's totally worth it! The...
Market has been rallying despite potential upcoming recession. My suspicion that this is a large bull trap and there will be a large drop possibly even this week. Apple, Google and other large tech firms earnings were not great but their stocks mysteriously rallied. See their individual charts for possible gap up bull traps. Everything is poised for the rug to be...
As always, everything is possible. Just some important levels on chart for you to have in mind. Short term and medium term uptrend, long term downtrend. If we break the trendline I believe this rally could catch some further steam. Risk here comes from trendline and 200 MA resistance. If we secure price above VCOP, this could be low risk trade to the upside...
Market Maker Sell Model/Smart Money Reversal -great profile for sells -low risk sells after smart money reversal (usually after a raid on buy-side liquidity -target previous range of consolidation -hindsight 20/20 but, learn to read these patterns to capitalize in real-time -dxy increase = spx decrease
From the Daily Chart, QQQ is now in an uptrend above the support of the daily SMA 50, 100, and 200 in somewhat of an ascending wedge pattern. Distant support is the buy order zone while distant resistance is the sell order zone above. Immediate ( and breakable ) resistance is the POC of the volume profile. I conclude that QQQ is in a sustained up-trend that...
The Volume profile for the SPY is painting a picture of near-term resistance for SPY and using the breakdown of the august trendline as entry criteria.
Shows LVN's, HVN's, and the POC. I pair volume profile with supply and demand and auction market theory to day trade. This larger time frame profile helps me align with the intraday profile. CME_MINI:ES1!
*NOT FINANCIAL ADVICE* Bullish Scenarios: Longs above 12073 Targeting 12170 Longs above 12170 Targeting 12235 Longs above 12235 Targeting 12284 Longs Above 12284 targeting 12333 Bearish Scenarios: Shorts below 12024 Targeting 11980 Shorts Below 11980 Targeting 11873 Shorts Below 11873 Targeting 11833 Shorts below 11770 Targeting 11710
as we see on vp and the RSI the BTC just create a big green candle but as we see that green candle have a big mech on the top bigger than the 70% of the body so we have a big sell power coming and wen he close a lees 1 red candle below the power control lign we will be on the black hole or the rejected zone so he must goo above 29935 sorry for my bad language...
1. Overnight inventory was in balance as compared to Friday close - a bit lower but mostly in balance. 2. Price went down in first half hour and stalled at Friday value area low - Went up from there. 3. It was a very rotational and a very choppy day but there are no serious selling. Overall volume was very low. 4. POC was 7 bar wide (>50%) 5. Value area was...
Update on my previous prediction for BTC capitulation. Usually that's a bounce off the 200SMA, but rather than just relying on lagging indicators heres some additional confluence towards that... Looking at 2018 on the left, we can see that the December 2018 capitulation dipped to the 200SMA (yellow line), and also the first point of untested support on the...