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ADANIPORTS 2Hour Time frameADANIPORTS 2-Hour Snapshot Current Price: ₹1,388.90 Previous Close: ₹1,380.90 Day Range: ₹1,385.00 – ₹1,404.90 52-Week Range: ₹995.65 – ₹1,494.00 Volume: 2,553,605 VWAP: ₹1,392.82 Market Cap: ₹300,065 Cr 🔎 Technical Indicators Relative Strength Index (RSI): Neutral Moving Averages: 50-period: ₹1,385.28 — Negative 100-period: ₹1,368.32 — Negative 200-period: ₹1,260.96 — Positive Moving Average Convergence Divergence (MACD): -14.67 — Negative Stochastic Oscillator: 39.95 — Neutral 📈 Market Sentiment Pivot Points: Resistance: ₹1,327.20 Support: ₹1,305.85 📅 Outlook Bullish Scenario: A breakout above ₹1,327.20 could signal a move toward ₹1,350.00. Bearish Scenario: A drop below ₹1,305.85 may lead to further downside. Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
NSE:ADANIPORTSLong
by TitanMarkets
MSTR 1D Time frameMarket Snapshot Current Price: ~$328.50 Daily Change: -0.4% (approx) Technical Overview Indicators & Momentum RSI (14-day): ~40 → Neutral, slightly below the midpoint—no major squeeze yet. MACD: Negative (~–1.6) → Weak bearish momentum. Stochastic Oscillator: Around 31 → Neutral to slightly oversold. Stochastic RSI: Overbought zone → Possible short-term exhaustion. Williams %R: ~–39 → Suggests room for both upside and downside. ADX: ~18–26 → Indicates a weak to moderate trend—market lacks strong direction. Moving Averages Short-term moving averages (like 5-day and 10-day) show buy signals, while broader averages—including the 20-day, 50-day, 100-day, and 200-day—are all negative, suggesting broader downward pressure. Support & Resistance Based on various pivot point analyses: Immediate Support: ~$324–325 Near-term Support Zone: ~$320 Immediate Resistance: ~$332–334 Further Resistance: ~$340–345 Broader Technical & Market Context Downtrend in Play: The stock has declined nearly 40% from its July highs and is approaching its lowest levels since April. Death Cross Forming: The 50-day moving average is nearing a bearish crossover below the 200-day average. Diving Technical Ratings: Most moving averages and oscillators point to a negative bias—short-term signals are weak, and longs are retreating. Bullish Divergence? Some chart setups hint at a potential wedge or triangle pattern with possible bullish divergence, but these are speculative and not yet confirmed. MicroStrategy remains under pressure, with indicators pointing overwhelmingly to neutral or bearish signals. While short-term moving averages show minor support, the broader technical picture remains weak—and a breakout above ~$334 would be needed to suggest a reversal.
NASDAQ:MSTRLong
by LegacyTradingss
BABA 3Hour Time frameBABA 3-Hour Snapshot Current Price: $147.10 Change: +4.18% from the previous close Market Cap: $347.34 billion P/E Ratio: 16.47 EPS (TTM): $8.84 Beta: 0.54 Dividend Yield: 0.73% 🔎 Key Levels Resistance: R1: $148.50 (prior high and Fibonacci cluster) R2: $157.80 (Fibonacci 0.382 retracement) Support: S1: $135.00 (recent breakout level) S2: $130.00 (next support level) 📈 Technical Indicators RSI (14): 62.82 — Neutral MACD: 4.08 — Bullish momentum Moving Averages: 5-period SMA: $135.30 — Buy signal 10-period SMA: $128.98 — Buy signal 20-period SMA: $125.03 — Buy signal 50-period SMA: $119.26 — Buy signal 📌 Market Sentiment Catalyst: Shares surged ~13% following a favorable court ruling, marking the highest close since March 2025. Sector Performance: Positive momentum in the Chinese tech sector, with Alibaba leading gains. Analyst Outlook: Average 12-month price target of $167.17, indicating a 13.64% upside from current levels. StockAnalysis 📅 Outlook Bullish Scenario: A breakout above $148.50 could lead to a push toward $157.80 and higher. Bearish Scenario: A drop below $135.00 may test support around $130.00. Overall Bias: Moderately bullish, with positive momentum but facing near-term resistance.
NYSE:BABALong
by ProWealthView
TSLA 45Minutes Time frameTSLA 45-Minute Snapshot Current Price: $346.97 USD Change: +0.18% from the previous close Intraday Range: Not available 🔎 Technical Indicators RSI (14): 53.64 — Neutral MACD: 1.78 — Buy signal Moving Averages: 5-period SMA: $347.01 — Sell signal 10-period SMA: $346.78 — Buy signal 20-period SMA: $347.82 — Sell signal 50-period SMA: $340.53 — Buy signal 📈 Market Sentiment Pivot Points: R1: $347.52 R2: $348.18 R3: $348.95 S1: $345.32 S2: $344.65 S3: $343.99 📅 Outlook Bullish Scenario: A breakout above $347.52 could lead to a push toward $348.18 and higher. Bearish Scenario: A drop below $345.32 may test support around $344.65. Overall Bias: Neutral to slightly bullish, with mixed signals from moving averages.
NASDAQ:TSLALong
by ApexSignalszone
BTCUSDT.P 1D Time frameMarket Overview Current Price: ~$112,380 Daily Change: Slight dip (around –0.3%) Volatility: At multi-month lows, meaning the market is consolidating before a possible breakout. 📈 Key Levels Immediate Resistance: $112,800 → price needs to clear this for upside continuation. Next Resistance Zones: $114,000 → $116,000, and further up around $128,000. Immediate Support: $111,000 → first cushion below current price. Deeper Support: $110,000, then $107,800–108,000. 🔎 Technical Indicators RSI (14-day): ~43 → Neutral, showing neither overbought nor oversold conditions. MACD: Bullish crossover → suggests upward momentum is building. Stochastic Oscillator: Near oversold → possible short-term bounce. 🧭 Outlook Bullish Case: A sustained breakout above $114,000 could open a rally toward $128,000. Sideways Case: Holding between $111,000 and $113,000 keeps Bitcoin in consolidation. Bearish Case: A break below $110,000 could trigger a move toward $108,000 or even $102,000. Overall Bias: Moderately bullish, but the market is in a tight range and waiting for a breakout.
Long
by LegacyTradingss
BABA 1D Time frame📊 Market Snapshot Current Price: Around $146–147 Recent Trend: Strong upward momentum over the past weeks Overall Technical Bias: Bullish, but nearing overbought 🔎 Technical Indicators RSI (14-day): ~75 → Overbought zone, signals strong momentum but also risk of pullback. MACD: Positive → Momentum remains bullish. Stochastic & CCI: High readings → Also showing overbought conditions. 📈 Moving Averages 5-day MA: ~$146 → Bullish short-term support 10-day MA: ~$145 → Still bullish 20-day MA: ~$140 → Strong base level 50-day MA: ~$137 → Medium-term support 100-day MA: ~$130 → Long-term support 200-day MA: ~$125 → Major long-term support All major moving averages are aligned bullishly. 🔧 Support & Resistance Support Zone: ~$145–146 Resistance Zone: ~$147–150 (immediate), with potential toward $160 if breakout continues 📅 Outlook Bullish Case: If price holds above ~$147, it could target $150+ and possibly $160. Bearish Case: Overbought readings may trigger a pullback toward $145 or even $140. Overall Bias: Bullish trend intact, but short-term consolidation or mild correction is possible.
NYSE:BABALong
by LegacyTradingss
MSFT 1D Time frameMarket Snapshot Current Price: ~$498.41 Daily Change: +0.23 (≈0.05%) Market Cap: ~$2.79 Trillion P/E Ratio: ~28.9 EPS: ~12.93 🔎 Technical Indicators RSI (14-day): ~41 → Neutral, leaning slightly bearish. MACD: –2.7 → Negative but giving a weak buy crossover signal. Williams %R (14-day): ~–74 → Suggests a possible rebound (buy). CCI (14-day): ~–108 → Oversold zone, buy indication. ADX (14-day): ~20.6 → Weak trend strength. ROC (Rate of Change): –3.5 → Mild bearish momentum. 📈 Moving Averages 5-day MA: Below current price → Bearish short-term. 20-day MA: Below current price → Bearish. 50-day MA: ~$509, above price → Acting as resistance. 100-day MA: ~$476, below price → Supportive. 200-day MA: ~$443, below price → Long-term uptrend still intact. 🔧 Support & Resistance Support Zone: ~$491 – $497 Resistance Zone: ~$500 – $510 📅 Outlook Bullish Case: If MSFT climbs above $509–510, momentum could extend toward new highs. Bearish Case: A break below $491 may lead to a pullback toward $480–485. Overall Bias: Neutral to slightly bearish in the short term, but long-term bullish trend remains intact above the 200-day MA.
NASDAQ:MSFTLong
by LegacyTradingss
BTCUSDT 2Hour Time frameBTC/USDT 2-Hour Snapshot Current Price: $112,349.00 Change: -0.29% from the previous close Intraday High: $112,891.00 Intraday Low: $110,812.00 🔎 Technical Indicators Relative Strength Index (RSI): Neutral Moving Averages: 7-period MA: $112,376 (short-term support) 25-period MA: $111,484 (medium-term support) 99-period MA: $113,049 (short-term resistance) 📈 Market Sentiment Pivot Points: Resistance: $113,650 Support: $108,666 📅 Outlook Bullish Scenario: A breakout above $113,650 could signal a move toward $120,000. Bearish Scenario: A drop below $108,666 may lead to further downside. Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
Long
by TitanMarkets
USDJPY 2Hour Time frameUSD/JPY 2-Hour Snapshot Current Price: 147.46 JPY Change: +0.05% from the previous close Market Cap: Not applicable P/E Ratio: Not applicable EPS: Not applicable Intraday High: 147.59 JPY Intraday Low: 147.27 JPY 🔎 Technical Indicators RSI (14): Neutral MACD: Neutral Moving Averages: 5-period SMA: Not available 10-period SMA: Not available 20-period SMA: Not available 50-period SMA: Not available 📈 Market Sentiment Pivot Points: R1: Not available R2: Not available R3: Not available S1: Not available S2: Not available S3: Not available 📅 Outlook Bullish Scenario: A breakout above the current price could lead to further gains. Bearish Scenario: A drop below the current price may test support levels. Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
Long
by TitanMarkets
MSFT 45Minutes Time frameMSFT 45-Minute Snapshot Metric Value Current Price $498.41 USD Change +0.05% from previous close Market Cap $2.79 Trillion P/E Ratio 28.88 EPS $12.93 🔎 Technical Indicators RSI (14): 40.92 — Neutral MACD: -2.70 — Bearish momentum Moving Averages: 5-period SMA: $502.33 — Sell signal 10-period SMA: $504.10 — Sell signal 20-period SMA: $509.62 — Sell signal 50-period SMA: $509.09 — Sell signal 📈 Market Sentiment Pivot Points: R1: $507.19 R2: $519.38 R3: $526.79 S1: $487.59 S2: $480.18 S3: $467.99 📅 Outlook Bullish Scenario: A breakout above $507.19 could lead to a push toward $519.38 and higher. Bearish Scenario: A drop below $487.59 may test support around $480.18. Overall Bias: Neutral to slightly bearish, with mixed signals from moving averages and momentum indicators.
NASDAQ:MSFTLong
by ApexSignalszone
BANKNIFTY 45Minutes Time frameBANKNIFTY 45-Minute Snapshot (Updated) Current Price: 54,533 INR Change: +0.77% (approx) from previous close Day's Range: 54,200 – 54,600 INR (intraday estimate) 52-Week Range: 45,000 – 60,000 INR 🔎 Technical Indicators RSI (14): ~65 — Slightly overbought, watch for pullbacks MACD: Positive, bullish momentum Moving Averages: 5-period SMA: 54,300 — Price above SMA → Buy signal 10-period SMA: 54,100 — Price above SMA → Buy signal 20-period SMA: 53,800 — Price above SMA → Buy signal 50-period SMA: 53,200 — Price above SMA → Buy signal 🔑 Key Levels Resistance: R1: 54,600 — Immediate resistance R2: 55,000 — Psychological/round number resistance Support: S1: 54,300 — Near-term support S2: 54,000 — Stronger support 📅 Outlook Bullish Scenario: Price holds above 54,500 and breaks 54,600 → upward move toward 55,000. Bearish Scenario: Price falls below 54,300 → pullback to 54,000 possible. Overall Bias: Moderately bullish with strong upward momentum, but near-term resistance around 54,600.
NSE:BANKNIFTYLong
by ApexSignalszone
SPX 3Hour Time frameSPX 3-Hour Snapshot Current Price: 6,512.62 USD Change: +0.21% from the previous close Recent High: 6,508.23 USD (August 28, 2025) Recent Low: 5,500.00 USD (March 13, 2025) 🔎 Technical Indicators RSI (14): Neutral MACD: Bullish momentum Moving Averages: 5-period SMA: Buy signal 10-period SMA: Buy signal 20-period SMA: Buy signal 50-period SMA: Buy signal 📈 Market Sentiment Golden Cross: The S&P 500 recently formed a "golden cross," where the 50-day moving average crossed above the 200-day moving average, indicating a bullish trend. Business Insider Analyst Outlook: Barclays raised its 2025 year-end S&P 500 target to 6,450, citing stronger-than-expected corporate earnings and optimism around artificial intelligence. Reuters 📅 Outlook Bullish Scenario: A breakout above 6,508.23 USD could lead to a push toward 6,600 USD and higher. Bearish Scenario: A drop below 6,400 USD may test support around 6,200 USD. Overall Bias: Moderately bullish, with positive momentum but facing near-term resistance.
SP:SPXLong
by ProWealthView
HOOD 3Hour Time frameHOOD 3-Hour Snapshot Current Price: $118.50 Change: +1.21% from the previous close Market Cap: $82.63 billion P/E Ratio: 46.21 EPS (TTM): $1.96 🔎 Key Levels Resistance: R1: $120.00 (recent high) R2: $125.00 (next resistance zone) Support: S1: $115.00 (immediate support) S2: $110.00 (next support level) 📈 Technical Indicators RSI (14): 43.40 — Neutral MACD: 0.69 — Bullish momentum Moving Averages: 5-period SMA: $116.00 — Buy signal 10-period SMA: $113.00 — Buy signal 20-period SMA: $110.00 — Buy signal 50-period SMA: $105.00 — Buy signal 📌 Market Sentiment S&P 500 Inclusion: Robinhood is set to join the S&P 500 index on September 22, 2025, replacing Caesars Entertainment. This milestone reflects the company's growth and stability in the financial technology sector. Reuters Recent Performance: The stock has gained approximately 496% over the past 12 months, driven by strong financial performance and increased user engagement. Barron's Analyst Outlook: Analysts maintain a positive outlook on HOOD, with a consensus rating of "Buy" and a 12-month price target suggesting potential upside. TipRanks 📅 Outlook Bullish Scenario: A breakout above $120.00 could lead to a push toward $125.00 and higher. Bearish Scenario: A drop below $115.00 may test support around $110.00. Overall Bias: Moderately bullish, with positive momentum but facing near-term resistance.
NASDAQ:HOODLong
by ProWealthView
BTCUSDT 1D Time frame 📊 BTC/USDT Daily Snapshot Current Price: $112,493 Change: −0.37% from the previous close Intraday Range: $110,812 – $113,029 Market Cap: Approximately $2.2 trillion P/E Ratio: Not applicable (Bitcoin is not a stock) Beta: Not applicable (Bitcoin is not a stock) 🔎 Key Levels Resistance: R1: $113,000 (recent high) R2: $116,000 (next resistance zone) Support: S1: $110,800 (immediate support) S2: $107,000 (next support level) S3: $102,000 (longer-term support) 📈 Technical Indicators RSI (14): 43 — Neutral, indicating balanced buying and selling pressure MACD: Bullish crossover observed, suggesting upward momentum Moving Averages: 5-day SMA: $111,500 — Buy signal 50-day SMA: $112,830 — Resistance level 200-day SMA: $101,000 — Long-term support Stochastic Oscillator: Oversold, indicating potential for a bounce 📌 Market Sentiment Catalysts: Positive momentum following recent gains and analyst upgrades. Sector Performance: Cryptocurrency market showing strength, with Bitcoin leading gains among peers. Options Activity: Significant trading in call options at $113,000 strike price, indicating bullish sentiment. 📅 Outlook Bullish Scenario: A breakout above $113,000 could lead to a push toward $116,000 and higher. Bearish Scenario: A drop below $110,800 may test support around $107,000. Overall Bias: Moderately bullish, with positive momentum but facing near-term resistance.
Long
by DiamondCharts1
PLTR 1D Time frame📊 Palantir (PLTR) Daily Snapshot Current Price: $162.36 Change: +4.01% from the previous close Intraday Range: $156.37 – $162.75 Volume: 59,300,483 shares traded 🔎 Key Levels Resistance: R1: $162.75 (recent high) R2: $165.00 (psychological level) R3: $170.00 (next resistance zone) Support: S1: $156.37 (recent low) S2: $150.00 (psychological support) S3: $145.00 (next support zone) 📈 Technical Indicators RSI (14): 67.41 — Neutral to slightly bullish MACD: 1.51 — Positive momentum Moving Averages: 5-day SMA: $157.25 — Buy signal 50-day SMA: $145.00 — Buy signal 200-day SMA: $130.00 — Buy signal Stochastic Oscillator: 77.32 — Overbought ADX (14): 44.32 — Strong trend strength 📌 Market Sentiment Catalysts: Positive momentum following recent gains and analyst upgrades. Sector Performance: AI and data analytics sectors showing strength, with Palantir leading gains among peers. 📅 Outlook Bullish Scenario: A breakout above $162.75 could lead to a push toward $170.00. Bearish Scenario: A drop below $156.37 may test support around $150.00. Overall Bias: Moderately bullish, with positive momentum but facing near-term resistance.
NASDAQ:PLTRLong
by DiamondCharts1
AMZN 1D Time frame📊 Amazon (AMZN) Daily Snapshot Current Price: $238.24 Change: +1.02% from the previous close Intraday Range: $235.08 – $238.85 Volume: 27,033,778 shares traded 🔎 Key Levels Resistance: R1: $238.85 – $239.50 (short-term resistance zone) R2: $242.52 (52-week high) Support: S1: $235.08 – $235.84 (short-term support zone) S2: $230.00 (psychological support) 📈 Technical Indicators RSI (14): 60.03 — Neutral to slightly bullish MACD: 2.30 — Positive momentum Moving Averages: 5-day SMA: $233.62 — Buy signal 50-day SMA: $226.19 — Buy signal 200-day SMA: $213.56 — Buy signal 📌 Market Sentiment Catalysts: Positive market sentiment, with AMZN outperforming key competitors in recent sessions. Sector Performance: Tech sector showing strength, with AMZN leading gains among peers. 📅 Outlook Bullish Scenario: A breakout above $238.85 could lead to a push toward $242.52 (52-week high). Bearish Scenario: A drop below $235.08 may test support around $230.00. Overall Bias: Moderately bullish, with positive momentum but facing near-term resistance.
NASDAQ:AMZNLong
by DiamondCharts1
MSFT 4Hour Time frameMSFT Snapshot (as of latest session) Current Price: Around $498.40 Day Range: $497.0 – $502.2 Open: ~$501.4 Market Cap: ~$2.79 Trillion P/E Ratio: ~28.9 EPS: ~12.93 Pivot Levels (Daily basis, useful for 4-Hour analysis) Pivot Point: ~$498.9 Resistance Levels: R1: ~$499.5 R2: ~$500.0 R3: ~$500.6 Support Levels: S1: ~$498.4 S2: ~$497.8 S3: ~$497.3 Technical View (4-Hour Frame) Momentum: Price is consolidating near the pivot (~$498–499). Indicators: RSI around 45 → neutral to slightly bearish. MACD negative → bearish bias. Moving Averages (short and long) → leaning bearish. Bias: A breakout above $500 may open short-term upside toward ~$500.6 or higher. If MSFT falls below $498, pullback risk increases toward $497.8 → $497.3. ✅ Conclusion: On the 4-hour timeframe, MSFT is in a neutral-to-bearish phase, stuck around its pivot. Buyers need a clear move above $500 to regain strength; otherwise, it risks drifting lower toward support.
NASDAQ:MSFTLong
by AlphaChartists
Amazon (AMZN) Shares Jump Over 4%Amazon (AMZN) Shares Jump Over 4% Amazon (AMZN) shares were among the top gainers in the equity markets yesterday, rising more than 4% and closing above $235 for the first time since February 2025. The rally was fuelled by reports that Kuiper – Amazon’s project aimed at providing internet access via a network of low-Earth orbit satellites – has signed a partnership agreement with JetBlue. From 2027, this will allow free Wi-Fi to be offered on board selected aircraft. As a result, Amazon’s project is emerging as a new competitor to Elon Musk’s Starlink. Technical Analysis of Amazon (AMZN) Chart Since August, AMZN’s price fluctuations have been forming a bullish structure of higher highs and higher lows (0-A-B-C-D-E-F). These and other key turning points provide the basis for constructing an upward channel (shown in blue), with the following implications: → in the near term, the price could surpass the previous high at point E, extending the bullish structure; → the channel median has proved to be an important support level – it held the price during the early August decline and continued to play this role throughout the month. It is worth noting that AMZN’s upward momentum within the channel is unfolding step by step, making it possible to draw intermediate resistance lines R0, R1, and R2. In this context: → they can be viewed as examples of a bullish flag chart pattern; → yesterday’s rally with a bullish gap may signal the start of a new growth phase towards the next resistance at R3. However, on this path, hurdles could come from: → the upper boundary of the blue channel; → the $230 level, around which a bearish head and shoulders pattern formed in February, marking this year’s high; → the psychological level of $250. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:AMZN
by FXOpen
1
Don’t Miss: AMZN Call Opportunity at $242.50! 🚀 AMZN Swing Alert – 2025-08-15 🚀 **Sentiment:** Moderate Bullish **Setup:** Call Option Trade --- ## 📈 Market Snapshot * **Daily RSI:** 61.5 → Strong bullish momentum * **5 & 10-Day Trend:** +3.68% / +7.52% → Confirmed upside * **Volume:** Avg (1.0x) → Lacks strong institutional confirmation * **Call/Put Ratio:** 1.00 → Neutral sentiment * **VIX:** 14.84 → Low volatility, ideal for controlled swings --- ## ⚖️ Consensus & Conflicts **Agreement:** * Bullish momentum recognized across multiple models * Favorable market conditions for swings * Weak volume highlighted as a risk **Disagreement:** * Some models (Claude/Anthropic) advise caution, suggesting no immediate trade * Confidence varies: DeepSeek favors a stronger bullish call, others remain cautious --- ## 🎯 Trade Setup – AMZN CALL **Entry Condition:** At market open **Strike:** \$242.50 **Expiration:** 2025-08-29 **Entry Price:** \$0.85 **Confidence:** 75% **Profit Target:** \$2.13 (150% gain) **Stop Loss:** \$0.50 (30% of premium) **Key Risks:** * Weak volume may reduce momentum sustainability * Market shifts require active monitoring --- ## 📝 TRADE DETAILS (JSON) ```json { "instrument": "AMZN", "direction": "call", "strike": 242.5, "expiry": "2025-08-29", "confidence": 0.75, "profit_target": 2.13, "stop_loss": 0.50, "size": 1, "entry_price": 0.85, "entry_timing": "open", "signal_publish_time": "2025-08-15 11:56:23 UTC-04:00" } ``` --- ## 📊 Quick Reference – TradingView Ready 🎯 **Instrument:** AMZN 🔀 **Direction:** CALL (Long) 💵 **Entry Price:** \$0.85 📈 **Profit Target:** \$2.13 🛑 **Stop Loss:** \$0.50 📅 **Expiry:** 2025-08-29 📏 **Size:** 1 contract ⏰ **Entry Timing:** Market Open 🕒 **Signal Time:** 2025-08-15 11:56 EDT --- ### Suggested Viral Title & Tags: **🔥 AMZN Swing Alert: Call Setup Ready – Strike \$242.50 🚀** \#AMZN #SwingTrade #OptionsTrading #Bullish #CallOption #Momentum #TradeSetup #TechnicalAnalysis #StockAlerts #Finance #TradingSignals #MarketWatch #LongTrade
NASDAQ:AMZNLong
by quantsignals
AMZN - Amazon Hit The 80% profit Target. Trend change ahead?On this chart we have 2 forks. Orange: the pullback fork It shows us where the equilibrium is — at the centerline, which the market respected to the tick (1). After that, there were several bars that formed support (2). When the CIB line was broken (3), the market gapped above the orange centerline and made its way up to the white centerline (5), the target that we can expect in around 80% of all cases. Note the confluence point where the centerline of the white fork and the upper median line parallel (U-MLH) of the orange fork meet. A day later, we saw a sharp sell-off within just one bar! Is this now another trend reversal? No, clearly not. For a trend reversal to occur, the market would have to break the white L-MLH (lower median line parallel). As long as the market is trading within the white fork, we remain long. I’ll make a YT video soon, covering the details. Wishing you all a successful new trading week.
NASDAQ:AMZNLong
by Tr8dingN3rd