Daily: - Perfected Daily TD Sell Setup (8). 9 looks like it will develop into an Evening Star. - Hidden support level 50% into tall candle. - PB&J within 61.80% & 78.60% fib. Description (from bottom to top): - Morning Star at 50% of previous swing drew horizontal support. - Nison traders opened longs at 6850.60. - SMA 10 / EMA 30 Golden Cross activates...
// This post will be one continuous log of Nison/DeMark Swing Trading opportunities. Look for long opportunities on bullish candlestick reversal signals at 50% large candle retrace near $202.69 . THE ASCENDING TRIANGE PATTERN BREAKOUT TARGET HAS ESSENTIALLY BEEN REACHED AT THE DEMARK 9 SELL, EXHAUSTION POINT. A LITTLE KNOWN HIDDEN SUPPORT LEVEL IN...
Monthly and weekly R4 roof (last week) breakouts. Last week´s R4 breakout continue the next week usually. Price pulled back to weekly pivot (as it usually does) and hit weekly reversal level S3. DM breakout projection (using daily chart ) sends price to weekly R5. PS Gold is a class of its own. It trends differently from other commodities ( oil , copper ). Huge...
Watch for bullish candlestick reversal near $175 in Nison PB&J Sweet Spot between SMA 10 / EMA 30.
Free signal. Bullish setup for USDJPY on 3 hrs timeframe. Target - unclosed weekly pivot levels, horizontal resistance. Recommended exit at 108.649 (last week's classic weekly pivot, a few pips below bcs of spread). This is no financial advise.
Price is likely to trend to top yearly yen value Cam R3. And possibly to classic yearly R1, if supply line at Cam R3 will be broken. Look for bullish setups on 4 hrs. Any bearish setup will be counter trend. Be cautious. Demand line for USD is steep. This pair has no correlation above 70% on weekly. This is no financial advise.
Breakdown is likely as we got DM breakdown qualifier 1 (prebreakout candle pullback - that green bullish weekly candle, then - the next bearish candle managed to close right on the trendline signifying strong bearish pressure. Current week's candle should be nice bearish breakdown candle). Intermediate target DM montly pivot. Ca. 53 pips. Long term target classic...
There was a major breakout on daily and 4 hrs chart, the move is not completed. What we are seeing now is a pullback to weekly CPR - monthly S3 value top (that is where DM projection sends it), a short term bearish counter-trend move. From there I would look for a great long setup. Top Absolute Correlation 1 XAUUSD - XAUEUR 97.7% 2 XAUUSD -...
I love the fact Tom DeMark gives strict and precise rules on how to determine his indicators and patterns. I have applied his rules for TD D-Waves (his own variation of Elliot Waves) to the actual BTC USD price action. To origin D-Wave 1 you need to have a 21 low bars close (a close less than all twenty prior closes), then the D-Wave is confirmed when you have a...
Euro index chart. Monthly. Price is driven by global supply and demand. And what we are observing, is a clear oversupply of euro (all selling) and weakening demand (less international interest in euro) on universal scale. Buyers failed to break the supply line and April opened below the demand line with a gap. Top Absolute Correlation 1 EURUSD - USDX ...
That is how we see it, pretty simple. One can use ATR stop for stops (pretty accurate tool), which is based on average true range (the input can be changed). The broken demand line is more important than descending one (trendline value is measure by the number of consequent highs or lows above the extremums). I saw some of you draw a descending triangle but by TD...
A daily DeMark zoom for you. At crucial levels. Interesting:) Should collapse soon. Wait for breakdown (pivot breakdown, S3 value zone breakdown, trendline breakdown, all there:). If not, not much hope for this thing to complete DM bullish projection. The break has to be good to shoot good:) If breakdown fails now, it will occur later but any case it will be...
Free Demark Litecoin analysis. This is no financial advise.
Potential top soon.. 02 MAY 2020 TD will print perfected sell set up
We had another Demark breakdown today of Euro demand line on 4 hrs chart. Valid breakdown by several criterias. Target coincides with last week´s DM Pivot. Notice there might be a pullback and trendline retest. Now we stopped at daily DMS1 with small bullish hourly pinbar. Pullback is not guaranteed if 2 nd breakout candle will be bearish. Price will react at...
We are breaking the demand lines one after another. Now Demark prpjects the fall to the last swing low. While Demark monthly S1 projects the breakoit of monthly floor. EURO's outlook is gloomy for April. Price might break the floor. There will be some action at the last swing low as Demark projects trend will end there. It will be interesting...