Dear TradingView-Community, today I want to share the first investment idea and I hope it will help you making the right decisions or bring a new perspective to your analysis. I really would like you to ask for feedback, that I can also learn from different views to become better over time. Thanks a lot for your time and I really hope it is not wasted, but for...
Price action in the market has grown more cautious, especially toward technology stocks. The first big pattern occurred on Monday, when the SPDR Technology ETF jumped to a new all-time high above $175. But it was negative within an hour and closed the session under Friday’s low – a big bearish engulfing candle. Similar patterns appeared on November 22 and...
A 2300% gain and following overbought condition (green column) there now exists a 16 month bearish divergence between price action & RSI on the above 10-day chart. Time to collect profits. Sell out between current price action until 10.5k, no rush. Target price? For as long as the RSI resistance exists price action will likely fall through and until 2023. 1st...
Motherson Sumi very close to 200 EMA. If it bounce from this price on Monday, very likely that it will reach 260 on or before its Q2 result.
RIOT is gaining today, watch out the $41 area, this is on of the most important levels. Above we see the volume profile is very low and the price need first to be accepted. Currently we cannot say where it will go, but prepare for a major pullback anyway. After breaking the next big level, the picture will be more clear.
We can see that price has closed below our super trend buy zone & we would be looking at 1RR2 in this trade..
this break in OBV could tell the story of what is to come in the short term. Still bullish on high time frames but on LTF there is reason for concern...
Nasdaq Composite has been lower highs setting up a large divergence and fewer & fewer stocks lead the rally. A impulse reversal is what is needed to confirm at least an interim top. $NDX @QQQ
Hay All Traders, I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... At this time, I do own a small amount of this coin! I'm looking at the daily chart and putting on my version of the RSI, and yes, it has a lower lowered, but it's still hodling the overall trend. With my...
In the daily time frame, as you can see, after each intersection of the MACD lines, the price moves down a bit. This has happened again and the price is expected to move down a bit. But in general and in the long run, the price is still bullish. Good luck traders 😉
As the two mentioned indicators confirm each other AND the weekly RSI is also overbought I risk a little short position. Nevertheless, market could move higher anytime so I would only risk 1% with this first trade. If there is a new a high and I get stoped out I would risk another position if there are signs of weaknesses. If the short plays out well I would try...
Trend: Bearish Structure: Breakout, retest and potential bounce off of support Plan: We look for price to come down to the support level and bounce off towards the upside. We look for strong confirmation before entry as the prevailing trend has been bearish.
- Price action forming lower highs during downtrend corrections. - OBV metric creating Higher highs. - Downtrend continuation imminent. - Evening Star candlestick formation also apparent. Reversal pattern.
typo correction ***EMA500=> EMA200*** ***EMA200=> EMA 50*** IMHO, we are going to change the trend to bullish. 29000-31000 are retested several times and too much strong to be broken since there are too much buy order.... we need to reach 35000 USDT to ensure the Bullish market is started. Golden Cross (in 4Hrs TF) would happen by End of July. That's very...
Hi guys this is my first time taking a deeper look into economies and their correction cycles so please forgive me if there are a few things I'm missing. I have mainly been a fundamental long-term stock investor for the past 6 years. However, over the past 2, I've taken a liking to chart technical analysis. So if you have any constructive feedback I'd actually...
Hi guys this is my first time taking a deeper look into Economies and their correction cycles so please forgive me if there are a few things I'm missing. I have mainly been a fundamental long-term stock investor for the past 6 years. However, over the past 2, I've taken a liking to chart Technical Analysis. So if you have any constructive feedback I'd actually...