Hello traders and investors! Let’s talk about AMD again! As we expected, against all the pessimism, AMD was not a sell, as we thought. My last public analysis was 10 days ago, and the link to it is below this post.
Yes, AMD did a bullish structure near its support level. We have a Piercing Line pattern, a very well-known reversal candlestick pattern, just...
$NRXP entry PT 8.50-9 Long term PTs 40-50 and higher
SUPPORT AND RESISTANCE
NRX Pharmaceuticals, Inc., a clinical-stage small molecule pharmaceutical company, develops various therapeutics for the treatment of central nervous system disorders and life-threatening pulmonary diseases. The company's pipeline includes medicinal candidates in Phase 2 and...
Hello traders and investors! Let’s see how PLTR is doing today! This is an analysis, but we’ll have a lot of educational content as well, because PLTR has many patterns to talk about.
First, in the 1h chart, it seems we’ll reverse the short-term bear trend, as PLTR is doing a new high today, above the $ 21.70. This breaks the status quo , and it is something...
Hello traders and investors! Let’s take a look at SPCE again! Is it finally interesting now? Well, we’ll see.
SPCE is still in a bear trend, and there’s not a single reversal sign around. We can assume SPCE is just bouncing back to its 21 ema, before it drops again.
However, I agree that the recent candlesticks are looking interesting, and it gets better if we...
Hello traders and investors! Let’s see how AMD is doing today!
First, we are triggering a bearish pivot point at $ 87.45 , along with the 21 ema, meaning we have more to correct.
The correction came with volume lower than the average (I always like to use a 21 ma in the volume too), and this means that this is just a pullback, despite the bearish...
What you should know about PLTR! 👀
Today PLTR stressed our support levels we talked about yesterday, but it didn’t break them. These supports are holding the stock pretty well, and the more it accumulates above these levels, more interesting will be PLTR’s next movement.
I think this is a good movement on PLTR. The BBs are getting tight again, and the RSI is...
27 - July - 2021
USD JPY SHORT
Trade it based on what market will do next hours
I used 100 MA and 3 MA to define the trend on daily chart.
I used fibs from lowest point after trend changed to see the levels
On daily/ weekly/ monthly chart I identify " Bearish Harami " that indicate me a possibility of trend change .
Bearish scenario :
I aim for the...
The plan is for the candlesticks to touch the level marked 1 i.e. testing the integrity of that level followed by a series of retests and then a spike up to level 2/3 then rebound back towards level 1. But for the next +-2 days it may be in consolidation forming a range that can be used to think of opening a trade. Taking into account the possibility of market...
It is forming base and trying to breakout soon.
if breakout succeeds then one can make long position.
but it has has to sustain atleast one day then we will enter.
Entry - Above 90
Sl - 86
Target :- Minimum 125 in mid term. and more beyond 180 in long time.
Make position as per your risk reward ratio.
This is only for educational purpose, take advice from your...
I have been waiting for this bullish move up for a few days now and it is finally here. We saw it was oversold on the 4 hour and 1 hour. We saw that it didn’t break the trendline I set in place and people took profit if they used the fib Retracment tool. This means if people aren’t selling, the bears lose that momentum they had. Now the bulls are winning. I do...
Hello traders and investors! Let’s see how NIO is doing today! We have many interesting signs around, and I’m sure it’ll be worth keeping an eye on the points mentioned here.
First, in the 1h chart, we have a pivot point at $ 43.66. If NIO defeats this point, it has a good chance of reversing the bear trend for good. We have been on a series of lower...
This stocks is gave breakout on monthly chart along with daily chart. One can take long position in it with strict sl of rs. 340.
We have to wait for small dip or correction and then we will enter.
Sl should be day's low when you will take position or 340
Target :- Minimum target is 450 rs. and more then that.
Make position as per your risk reward...
While there are a lot of trading opportunities using the Harmonic Patterns on USDJPY, but what actually standout will be the trendline buying opportunity. As long as the market didn't break and close below the 4-hourly chart's trendline(to be more precise, not to close below 109.53), I will be looking for a buying opportunity on this pair and my 1st target will be...
Purple Line = Weekly trendline
Red Lines/Zones = Daily SNR/Trendline
Orange Lines/Zones = 4 Hour SNR/Trendlines
EUR/USD is now on Uptrend because price break Weekly Descending Trendline which is started since 07/07/2008 and break up on 28/07/2020 and from that point EUR/USD is in uptrend.
On Daily chart we can see that there is something like Bullish Pennant...