Looking to enter on a pullback
VERI has reacted higher after reversing in an area of 4 fibonacci price relationships 100% extension orange dash swing low 100% extension of yellow dash swing low 61.8% extension of red dash swing low 61.8% retracement of move higher from March low I favor entry on a pullback into the fib level confluence area OR waiting for a move over the VWAP from March low...
-INSG currently trades between VWAPs from significant YTD highs and lows, the tightening range of these VWAP lines creates a 'squeeze' like a tightening bollinger band or similarly a TTM squeeze, which signals a current decrease in price range and an increase in volatility is to come Why I expect this increase in volatility to occur to the upside: -50%...
-For the last 2 months AQN has traded above the VWAPs from the significant highs and lows of the year -During the same 2 month period, AQN has outperformed XLU and is now challenging its all time high in outperformance vs. XLU -AQN has recently been outperforming SPY after breaking out of a downtrend in SPY underperformance that has acted as resistance since...
3 Fibonacci price relationships in the 109-107.2 area .618 extension red dot swing low 1.0 extension of blue dot swing low .618 retracement of move from March low VWAP from March low has acted as support throughout the move higher
0.618 extension of red dot swing low 1.618 extension of yellow dot swing low 0.618 retracement of move off 52 wk low VWAP from IPO
I have to stay bullish above the upturning 50 EMA @ $3.90
BLCM might be putting in a bottom here at the VWAP from March low and the 50% retracement level of move off March low. Worth keeping on your radar.
-Throughout August buyers have been stepping in at a confluence of support: 1) $21.5 level which I view as historically significant (having been tested multiple times from above and below), most notably acting as resistance during the last consolidation period 2) The VWAP from the all time low 3) Back test of the downtrend line 4) 50% retracement of move from all...
RCUS has reacted higher after bouncing from a confluence of support: 1) 200 EMA 2) 50% retracement 3) VWAP from all time low *You can see how the 200 EMA and VWAP from all time low previously acted as the floor back in March -Now supported strongly by 50 EMA, RCUS closed above the 50 EMA every day this week, and 7 of the last 8 days, with the exception appearing...
I am fully comfortable with how market price reacted to my volume profile levels. It is time to write some update on that. I called for the filling of the zone roughly between 11k and 12k. There needs to be some market action. This is pretty much happening now. The market also respected my Low Volume Zone. There was pin nearing it closely and then there was a...
The VWAP anchored from the IPO has been an important inflection point for BYND on numerous occasions. The stock is trading just above that level again. Additionally, the VWAP from the all time high and the 2020 low are also found in this area.
So far, the VWAP from the June 29 low is where buyers are defending (as they did last week) if this level fails to hold it is likely that the next level to be tested on the downside is 310-309.75, the location of the VWAPs anchored from the high (red) and low (green) of last month
For Tuesday, I am more inclined towards shorts. There is even a pinbar on the daily chart, I hope it will be filled to a certain point and then resume its suggested downward direction. But I wouldn't be afraid to take positions on either side. What I find very impressive is the repeated reaction to the green anchored VWAP. I put its beginning on the day GF died....
►Elf comes to the area where high volume node meets 200 MA and VWAP anchored at the start which has already worked as support once ►I am not Elliot Wave expert but the count looks clearly in this case. I am not sure if 4 is finished. ►The market overall has good conditions for growing alts now. Bitcoin doesn't do any big moves and loses dominance as a result. ►I...
I opened a position on Cocoa. 5year and 15year stacked seasonality favour long right now. Not significantly, but they do. This being said, it is an excellent outlook from a technical perspective. The price slows down as it approaches supsistence tested throughout the years from both sides. It has even worked recently. That time, it was resistance, now I hope it...
►Alts I checked are usually below 200 or approach it in a weird way ►I like Link as there is a structural level, 200 EMA and previously confirmed AVWAP ►Getting to the level doesn't automatically lead to opening a long. It would be best if bitcoin quenched its volatility at the same time. ►Another option is some kind of reversal pattern or an impulsive candle on...