As we can see on the 4H time frame we have had previous Higher highs and Higher lows. We are now waiting for a break above our Daily Resistance level at 106.800 and also a strong previous Supply zone at 106.650. We will be aware that price could in fact reject the Supply zone and break below trend towards 107.350 which we would look to enter upon a break of...
As we can see on the 4H time frame we are currently consolidating between 1.11075 and 1.10650 so I will be waiting for a clean break and retest of one of these prices for a precision perfect entry. Above 1.11075 we will look for TP levels at 1.11450 (38 pips) with a possibility of breaking our supply zone to 1.11650 (58 pips). Below 1.10650 we will look for TP...
RADA looks to be forming cup and handle pattern on daily chart. Looks to have already completed 1st and second wave in uptrend (2 of 5), which also filled a previous gap. This stock seems to be flying under the radar ; ) Please Like and Follow so I can continue finding trade setups. Thank you in advance =) Check me out on Instagram or Twitter ...
Good morning, after a very clear short opportunity (extremely overbought, stochastic broke down & evening star) just below the Yearly R1 Pivot the short is either been closed at this SMA100, also called SMA-Stop and got 10% (without leverage) profit, or for those who are still in and played this game against the trend, they should already have their stop about...
Hello everyone CRM releasing earnings beats expectations but disappointments regarding the guidance could lead to a fade. Price got to 157sh, 100sMA area and 154sh, 20eMA area in after-hours session. There is a beautiful bullish wedge holding nicely on 13eMA 10min that is waiting to pop. Curious to see how today's after-hours session will close. For tomorrow...
Hi guys, It is clear that I only trade stocks that are covered by certain parameters and one of those is the presence of a Catalyst supporting the move. But for studying purposes I am back-testing stocks that are at important technical levels to interest quite some institutional traders. TSLA in pm made a nice pop testing the 182 area and that could mean that...
TNDM is trying to clear 70 and put in a pivot point move today. If the price holds the trend will have switched to the upside. Current trailing stop for position sizing purposes is near 62.50.
The bulls are losing steam after the breakout of the parallel channel
Update to my previous analysis on GROW. I've been following GROW for over a year now, and sp had been stuck in the 0.10-0.30 range. With a close above 0.40 the breakout from previous trading range is evident. Highest share price since their CO2 startup took over, so we are looking at a blue sky breakout. Sustained bullish volume, with good support being built on...
ETHUSD Price action may be eyeing a Sweet Spot while looking through the lens of a Mid-Ranged , and Short-Ranged Shiff Pitch Fork . With so many analysts looking at the uptrend line , I decided to do a little digging to keep myself busy. What's so darn important about it? Firstly, current price action looks to be respecting the upper bounds of a ...
I love penny stocks and small caps for so many reasons as a full-time retail trader. I don't wanna advocate it, or get philosophical if blue chips are better or not so let's just talk money. The volatility you observe on small caps are many times far greater than cryptocurrency itself, and it's far less popular, so less manipulation and fewer robots - most of my...
Let's wait for a break of one of the zones. I think the rest speaks for itself.
After breaking out the bullish trendline, CADJPY retested this, which is also at my 38.2 fib level. Bouncing at this area could lead to an aggressive bearish movement. I will be looking to short this pair once it crosses my S/R area.
Greeting all. Cardano has been consolidating from the previous sell off this weekend and it might be coming to an end. The consolidation is taking form of a symmetrical triangle. Nothing fancy but they are at a pivot point so it will determine if this is a longer term rally. They broke the pattern for a few minutes right on the next hour candle so it looks like...
DPZ shares have been relatively quiet as of late. Shares are quietly gaining and could be setting up for a retest of highs soon. The whole space is doing well.
PLNT shares are at 52-week highs. Recent guidance and new highs should keep the shares "working out" higher.