avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming?? ++++++++++++++ avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias. short term pump...
eth is currently holding above the quarter channel with resistance above between 3500-ATH there is a potential moonshot to 7k and beyond (13k?), if the markets are indeed in the infant stage of a bull run. for now eth is heading towards the golden pocket of the move down with support from ath avwap as htf bullish market structure never broke this could mean...
The material sector may be about to break out of an AVWAP squeeze pattern. Look for a breakout above $83.50 supported by volume. Alternatively, it might dip to $81.50 and be bought at a value after upward momentum returns.
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.
ATH and covid low avwaps holding bitcoin price at the 382 retrace of this wave, yearly level and range 625. $btc must be bullish right :-|
US500 (Daily Chart) I'm expecting a bounce to ~4260/70 area. Here's why. Looking at the AVWAP (Blue lines) from the January 2022 highs and October 2022 lows, we were bound to see some level of support here. I've been saying this for some time now that we'll reach at least 4100. Given the strong confluence of support around this area (the AVWAP and the...
This is why I think Oil will head lower. October 5th and 6th were very big down days that created an imbalance around the 87.1 area. We saw a break down of the channel and now even after news it only retested the 87.1 area and wasn't able to get above that. Currently, it's trading just below the broken channel and is struggling to get more traction. Bear case:...
Despite a difficult last 2 months when both SPX and NDX have formed a potentially bearish Head and Shoulders formation, both are still holding at their respective necklines so far. Upon zooming out, we could also see that SPX is still trading within its rising channel that was formed since the start of its bull run from Oct 2022. what transpired so far was a...
Here's what I'm looking at. I still think $4100 is on the table for a bottom. Reason being, there's multiple levels of confluence there. 1) If you take the AVWAP from the Jan 2022 highs, it comes to around $4100 2) It's a horizontal level 3) It's roughly the measured objective of the Head and Shoulders break down 4) It's also coming in around the 0.618 fib...
Short Trade = Daily Anti Cypher + Bearish Maxlev Pattern Price seems to be in a downtrend, creating lower low market structures. Confluences: 1. Price below FRVP POC 2. Price below AVWAP bands 3. Large Bearish Harmonic Pattern 4. Bearish Maxlev Pattern Target: 1. Liquidity Hunt from Maxlev Pattern 2. FVG
Left chart NYSE:BABA weekly Right chart NYSE:BABA daily Support at all time POC and AVWAPS. Rejection wick adds confidence. Great R:R for a SL under the wick. TP's: am looking at $93, $103 and $123
Nifty is more neutral to Bullish BankNIFTY is neutral for now. Not Bearish till S1 breaks. Expect market to hug CPR and range between R1 and S1 for most of the days this expiry.
With solid fundamentals backing the current move in GLAS, this could just be the early phase of the uptrend. The AVWAP from the current highs is around Rs 21.10 - Buyers need to keep an eye on this level. Closing above this on high volume would likely put the buyers back in control and initiate a strong upside move. Right now, the stock is trading above a rising...
What's happening? 1. -363.3K CFTC S&P 500 spec. net positions(highest in years, on October 2008 it was -365,697) 2. VIX 15.77 (52-week low) 3. DXY 101.672 (near 52week-low) 4. 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity (T10Y3M)-1.66 (lowest ever) 5. AAII sentiment 4/26/2023 Bullish 24.1% Neutral 37.4% Bearish 38.5% 6. BTC = +76%...
$MSFT at a key area resting on AVWAP from the lows. Do we find value here or establish a down bias towards the lower AVWAP bands?
A critical test for the market is coming up - SP500 futures looks ready to test the Anchored VWAP confluence area This area is the intersection of Anchored VWAP from All time high and breakout of pre-covid high. How the market behaves once this breakout is tested is critical for the current upswing
#ES1! is close to a retest of the Anchored VWAP from All Time High and Anchored VWAP from breakout above pre-COVID high. How the market behaves at that point will be critical to future direction of the current upswing
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...