PSTG setting up a extreme bottom bounce pattern and going long over the next week with presentations at 3 conferences through sept 13 by iCantw84it 09.07.22
EURJPY is going up sharply And the pair is clearly overbought So as the price is about to retest The horizontal resistance I think we will see a bearish correction From the level above
Scenarios I'm considering: 1) Price makes a run upward to the short-term target above (note that these moves can take weeks or months). 2) Price continues lower into deeper levels of liquidity seeking more sell orders (the logic for this is explained down below). 3) Price crashes below anything I've mapped out here. My Longs get liquidated and I cry myself to...
Top-down analysis on S&P500 index. Key levels, price action. Potential scenarios & thoughts. ❤️Please, support this video with like and comment!❤️
Push candle should come on the orange line in the next 5 mins 11:24am est
Update 07/09/2022 1 Structure 1/2: Bear 2 imbalances : Correction target marked 3 Current Move1/2 : Corrective 4 Entry TF : D1 4.1 ETF Structure: Bull 4.2 move : impulse 5 Support Resistance: Pull Back support waiting 6 FIB: waiting according to drawing for buy entry 7 candle Pattern: shrinking candles 8 Chart Pattern: 9 Volume : decrease correction now 10...
After a strong climb reversed its direction and came down strongly and achieved strong bottom targets and currently close to strong demand areas breaking it is the biggest selling opportunity
In my last update, I said I wanted BTC to drop to 19.5k before bouncing, and that a reclaim of 20.8k would be a sign of strength. We ended up bouncing at 19.5k for more than a week, but never reclaimed 20.8k, which showed us that those bounces were weak. Now, we are at a nice area of support, a strong fib level and lows that haven't been taken for 2 months at...
This is a little bit different from my usual. Current looking for an intraday setup on U30. We can see price full respecting 3100, in addition to a bullish trend that is being built on the lower timeframe. If the price action exceeds and closes above the key level marked on the chart, we could start seeing this bullish momentum changing the higher timeframe...
NZDUSD is trading in a bearish trend. The pair broke and closed below a key daily structure support yesterday. I believe that the pair may go lower now. Next support is based on a major falling weekly trend line.
A Bearish Shark setup has its retest. But is this it, or not? Shark Pattern can have up to 3 entry zone, test 3! So it's best to wait for candlestick confirmation to engage the trade and ever over trade.
Details on chart - fundamental bearish bias along with technicals means sells are the main priority until price shows otherwise
What a breakout on AUDCAD. The price broke and closed below a wide horizontal neckline of a head and shoulders pattern on a daily. The broken neckline turned into a key resistance now. I will expect a bearish continuation to 0.876 support now.
From the high recorded 22th Novermber,2021 Nas 100 declined in a 5-3-5 pattern taking a form of a zig zag to 16th June 2022, The rally from 16th june has been corrective in nature ,unfolding in a zig zag and retraced to the 0.5 fib level of the decline thus giving early indication that the entire decline from record high is a taking the form of a complex...
Hey traders, What a breakout on AUDCAD. The price broke and closed below a wide horizontal neckline of a head and shoulders pattern on a daily. The broken neckline turned into a key resistance now. I will expect a bearish continuation to 0.876 support now. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like,...
That is why the Shark Pattern and the Crab Pattern is the toughest harmonic pattern to trade. And that is also why we must ensure that our students are well-versed with Harmonic Patterns and have profited from other Harmonic Patterns before we teach these bad boys. We are back into the waiting phase; I'm waiting for a 3-bar reversal pattern to engage the trade.
Expect some bullish rally momentum around the Asian & Euro Session , price might get bearish at New York session due to DXY hawkishness
As we can see again range zone support broke and the price fall more, now the price is near the major support zone and we can expect a rise here like the green arrows mentioned on the chart. Notice: the market is extremely bearish so if this major support zone breaks too then more fall is ahead. <>