Quick update on yesterdays post on the HOURLY CHART (see link to related post below). We identified a range of 1817.42 - 1828.99 and expecting price to play in this range. EMA5 broke 1817.42 down with a candle body close, which opened up the lower levels. 1806 being the strong Goldturn level, however price went and HIT the recent 1814 Goldturn and found...
AUDCAD has been in a downtrend for a while sellers are now exhausted because we can see the decrease in volume. price is now ranging in a bearish flag and we can anticipate a break to the upside. In this week I will be monitoring this pair for a buying opportunity around 0.925 level.
Depending on the correction mode, one can expect oscillation in a triangular channel Re-testing the canal floor is not far off But due to the waves formed, this will not happen soon. I expect an upward movement But this move will not be long. Positive and negative news will confirm this price suffering. You can wait if the pattern is formed to enter the purchase...
USD has been in a downtrend for a while now it seems that the bears are exhausted and price is breaking lower Tf structures to the upside. In the upcoming week i will looking for a buying opportunity around 1.249 demand zone. If you don't understand the structure do not trade.
Luckily, I ended up 2021 with a win. It was a modest one but given how tough the trading environment was back in December for the long side (likewise in the start of 2022), I'm thankful that I was able to pull off a W. Let's review it $TRT is the ticker of the trade. First entered the trade back in December 7, 2021 (1st Green Arrow) at $9, when it proved...
High Probability Trade Timeframe Used: Weekly Trade Frame: Few Weeks/Months Why Buy ? -> Simple Price Action, Price making HH-HL. -> After reaching ATH, price retraced from 50% Fib levels and has given a nice breakout with Volumes -> Nice CUP breakout on longer TF For Swing: Buy Above: 325 Stop Loss: 280 (Weekly Closing Basis) Targets: 345, 375,...
* Great earnings * Very strong up trend * High 3-month relative strength of 1.41 in the Healthcare sector * High U/D volume ratio of 1.51 * Breaking out of a very tight 3 week consolidation of ~3.85% with higher than average volume * If you have access to Volume Profiles you can see that the $113.04 area has tonnes of volume. * We can expect the $113.04 area to...
* Exceptional earnings * Very strong up trend in the long term * Very high 3-month relative strength of 6.35 in the Tech sector * Pays out dividends * I last discussed this early December 2021 when it broke out of an 11 month base. * Since then it did move higher and due to recent market conditions it had a slight pull back. * Used $163.03 as support before...
This was posted on the 12th of JAN. We called both targets top and bottom. We identified a broken Goldturn 1823 with EMA5 crossing with candle body close and leaving a gap confirming a move to 1828. This played out perfectly!! 1828 was an area that has been rejected before more than once therefore the level has strengthened as resistance. We highlighted that...
So far we have had an awesome week and our setups for the current market are performing perfectly. Our plans to buy dips still remain and we are looking for price to target 1834. We are trading each level on the shorter time frames in stages but wanted to share the Daily chart view for an overall plan. Should the price get rejected here, we will still remain...
quick trade on usdzar, offically one of my favourite pairs, new york session open
* Great earnings * Strong up trend in the long term * High 3-month relative strength of 1.08 in the Basic Materials sector * Pays out dividends * Breaking out of a ~7 month base with higher than average volume * Broke out earlier but due to current market conditions it did have a slight pull back and now is breaking out once again. * It did, in the recent months,...
* Great earnings * Very strong up trend in the long term * High 3-month relative strength of 1.12 in the Real Estate sector * Pays out dividends * Breaking out of a ~8 month cup formation with a depth of ~25.94% * Attempted to break out a couple of weeks ago but due to current market conditions it had a slight pull back and now is breaking out once again. *...
* Exceptional earnings quarter over quarter * Incredibly strong up trend over the long term * High 3-month relative strength of 2.87 in the Tech sector * Pays out dividends * Breaking out of a base on base pattern * First base lasted ~8 months before breaking out * Second base formed immediately after the breakout and has been forming for the past ~9 weeks *...
Quick update on the 1H chart setup. We have 1823 Goldturn broken with EMA5 and candle body close confirming next stop to 1828. 1828 is a strong Goldturn level - if this fails to break with EMA5 then we expect retracement down to 1817 Goldturn. If 1828 breaks open with EMA5 and candle body close then al the upper levels open up. We are still very much buying...
Origin protocol token $OGN is a very volatile coin. It has a lot of interest in last days as shown by the Big Guy indicator. Also, it holded the long time support zone of 0.45-0.46. SL under 0.44 (to allow possible squizes) Targets 1.2 - 1.4
* Excellent earnings * Strong up trend in the long term * High 3-month relative strength of 2.61 in the Tech sector * High 50 day U/D ratio of 2.11 * Breaking out of a 3.31% range * During the consolidation the volume did dry up and as it started breaking out the volume picked up. Trade Idea: * You can enter now as the price is just breaking out of the tight...
Splash Beverage Group Receives Authorization for TapouT in Walmart Stores Across Florida Metropolitan Areas Fort Lauderdale, Florida, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced it has received authorization to sell its TapouT...