$ETH fully taps into the Support Zone.
The candle closes above the support zone with a large wick showing strong buys.
The price will pump to the upside till the resistance zone is Above $3000.
Hello traders and investors! The SPX hit our target again, at the 21 ema, as we already expected since our previous analysis, and now it seems the index is having some problems in defeating this resistance. Let’s see what’s for us here today.
We are having a hard time near the 21 ema, but that was already expected, as we set the 21 ema as our target in our last...
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As we have witnessed in the past few days, EURJPY retested resistance area 127.90-128.00 and encountered strong pushback pulling its price back to the 129.70.
The strong upward momentum on the 23th of Sep creates a double bottom pattern for EURJPY and it is highly likely the end of a short term downward trend.
My own trading system Clam has given a...
A Bearish Shark Pattern as a countertrend trade form up on both GBPJPY and EURJPY 1-hourly chart. As we know the shark pattern can have as many as 3different entry prices, these 2 patterns only have one. And both of them has RSI Divergence. That's one thing I love about these setups.
Comparing the 2, EURJPY would be a much-preferred pair as it forms upon...
Hello traders and investors! Let’s see how NVDA is doing today!
After it defeated the pivot point at $ 214.56, NVDA reversed the trend nicely. It quickly filled the gap (yellow area), making it an Exhaustion Gap, and now it is trading slightly above the resistance at $ 224 , which is a good sign.
There’s still a chance that it’ll do a pullback to the 21 ema...
Hello traders and investors! Let’s see how AMD is doing today! It has been a while since I analyzed it, so we have a lot to update. This is going to be a Multi-Time Frame Analysis (MTFA) and we’ll study the 1h, D and W charts.
First, in the 1h chart, we see that the short-term trend is clearly bullish, the only problem is the resistance at $ 106 , which worked...
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A Bullish Deep Gartley Pattern complete at X might be a Harmonic Pattern that traders may forego. Well, for me this is 1 of the best setup as I got the lowest risk possible and highest return.
And to make things even better, I've engaged a single target short with 2unit when the candle break and close outside of my channel as a potential bearish flag...
Dear guys i was trying to understand you to gain lost of knowledge that will help you to trading journey
one of my favorite currency pair is the grade bursitis pound and combing the Austrian dollar.
enjoy the the day .
Entry price: 144-145$
Target price: 150-151$
Stop loss: 142-143$
Bollinger bands: the price is approaching the lower band
Candle pattern: inverted hammer
Fibonacci retracement: the price is approaching 1 (144,43) level
Conclusions: Bollinger bands and candle pattern suggest a trend pullback. Moreover, the price is approaching the Fibonacci level, thus the long...
With Current Bearish sentiment and news in the markets, I am expecting the Dow Jones to buy to sell this week.
Personally, I have two potential points pf interest in which I have In mind. #1 (YELLOW ARROW) I see that price pushed down to purge buy side liquidity. if we do buy, buy I expect price to rebalance and find equilibrium only to sell and fill the...
Hey Folks! So, I've been posting a lot about gold. Now, I decided to switch over to EURUSD as I know that many of us prefer this reliable currency pair.
Currently, there is an evening star doji that is clearly forming on the 1-hour timeframe. I have highlighted the pattern for you. At the time of writing this, we still have around 17 minutes before the pattern...
Hello traders and investors! Yes, AMZN did exactly what we expected, after it confirmed a top in my last analysis. Now, what to expect here?
First, despite the drop, keep in mind that we just hit a Dual-Support level in the daily chart. The first one is the 38.2% Fibonacci’s Retracement , and the second one is the 21 ema . In our last analysis, we set a...
Using the fib retracement tool from the last dip we had to the recent top, it looks like this pair has reached the 50% retracement. Looking to if a bullish hammer candle is forming to get a potential confirmation that the pair is going to reverse from here. If we do reject the current area, there is a good chance that this pair will likely target 80.000 as the...
Hello traders and investors! Let’s see how NIO is doing today!
Since our last analysis, NIO dropped sharply, frustrating the bullish bias seen in the short-term. However, the drop was perfectly controlled, as the price just found its support again, at the black line around $ 36.68.
Now the challenge is to climb all the way back to the $ 40.59 and fill the...
Took profits on my longs and flipped short (10/15 $85 Put) on Celsius .
Appears to be a top channel rejection with a pretty bearish engulfing candle. Small volume pocket below bears and profit taking could easily push this to $79. Bearish confluence on indicators as well.
Just praying reddit doesn't mention the ticker and it pumps to $500 : )
Hello traders and investors! Let’s see how the SPX is doing today!
The index isn’t doing anything impressive today, but at least it stopped dropping. Since it is reacting just above the support level made by the purple line, we might consider this as a good sign.
It is too soon to tell, but so far, today’s candlestick pattern is called Homing Pigeon , and...