Can this go higher before a backtest of absolute peak of the cup formation? Might need backtest first. what do you think about X? United States Steel Corp operates primarily in the United States but also has steelmaking capacity in Slovakia. The company's operating segments include Flat-Rolled; USSE and Tubular. It generates maximum revenue from the...
A rough estimate on the cup and handle forming with the OMUSDT daily chart suggests the potential for a breakout to above $1.20. That being said, the 1.618 fib extension from the top of the cup is at a slightly lower $1, which is an obvious key psychological level, where may people may be looking to take profit. However, before any break out occurs OM could also...
Mantradao Om is currently downtrending with the rest of the market, but it is still above a key support level. The daily chart has retraced to the 0.618 fib golden pocket zone from its recent high and despite the MACD and RSI appearing bearish still, is potentially forming an impressive cup and handle.
Mantradao has formed a perfect cup on the weekly chart and hit a new all-time-high in the last 24 hours. It now has strong support around 50 cents with a 0.618fib golden pocket giving support at 32. Next macro target is $1 as this will most likely be a key psychological level, although the 1.618 fib extension target (not shown) would now be $1.15. As the...
Mantradao is doing well today following its Binance listing. Statistically these listings can result in a 106% price spike, though even that would still be below its previous ATH.
After bouncing off the 4hr 200EMA from a descending broadening wedge, OMUSDT's cup and handle speculated previously appears to remain in play. OM's seen a fair bit of price action around this level before, so we might bounce around here a while longer. However, if the market remains bullish we could soon se a breakout up to around the 50cent mark indicated by the crockery.
Not as symmetrical as I'd like to see a cup and handle, but given where we are in the crypto market cycle overall I remain optimistic for a decent breakout to the upside soon. It'd probably be a stronger signal if the handle continues a little further. I'm not particularly bothered by the high left hand side of the cup, as this is a new chart which includes a...
Apple broke out from the cup and handle pattern and jumped to record highs yesterday before Q1 earnings. What's the trading plan for AAPL? Let's analyze Apple's past few earnings with the price structure as the context to see if there is any pattern or tell-tale sign to guide us to trade ahead of the earning. Volume spread analysis together with Wyckoff analysis...
Explaining VCP pattern with different examples for a group of friends
Setups walktrough, showing patterns in context for Cbrain Evolution gaming Kindred Inari OAC Powercell Pexip Photocure Probi QLife
BUY EVERY PULLBACK FROM 17550 , I love Bitcoin so much but most importantly I love making and keeping my profits. as humans, 85% to 95% of the time we are controlled by emotions, meaning we are suckers for reactions and it is no coincidence that trading happens to be the game of emotion (trapping and trampling, luring and betraying) the next trader loss is your...
Watch following things in the cup and handle breakout video : 1.Formation of Cup and Handle pattern on the chart. 2.Live trading of cup and handle pattern 3.Entry point 4.Exit point 5.Stop Loss Thanks !!!
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 1 Oct 2020 trading session. In this video, I am going to show you the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). In the trade review section, I will explain in detail...
Bitcoin is about to go south from 9220 to 8400, My video will tell you more why I am shorting BTCUSDT from the current 9220 to 8400 support. I know that bulls can push it to 9300 still because of the current consolidation but I won't test faith as bulls are too weak to be trusted and I am allergic to red bags so I will stick to where the bag looks more...
Yesterday S&P 500 futures (ES) broke out from the descending wedge (bullish wedge) with a deeper test. It seems like forming a handle to complete the cup and handle formation in the H1 timeframe since 23 Jun 2020. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 09 Jul 2020 trading session. In this video, I...
It might retrace a bit to 390 to 380 before going up again. My personal opinion and I am not a registered advisor. Just for education purpose. I am going to go short tomorrow
hi everyone just looking at USD ZAR and GBP CHF just a little breakdown on both pairs and let me know what you think as well both looking really nice at the moment so let's see how they play out for next week i will keep you all updated :)
Hi traders, First trading day of the week for me (didn't have any trades yesterday) and feeling on the track again! AAPL really did it for me today. Just Two Trades: 1) NYSE:OXY SHORT @11.58, turned to be a fake break and immediately reversed so fast I got a nasty slippage. -1.25% 2) NASDAQ:AAPL LONG @268.46, in this one everything just clicked and I ran it...