Hello traders and investors! Let’s see how NIO is doing today! Ok, NIO is dropping today, but I see no reason to panic. Right now, NIO is doing a Bullish Engulfing , above a dual-support level made by the purple line at $ 50.50 and the 21 ema. This purple line is my guide for the short-term, as we discussed in my last NIO analysis, which you can check in the...
IF PRICE BREAKOUT KOTAK PURPLE , TUNGGU PULLBACK DAN ENTRY BUY... TP:1955.000 SL:1886.000
IF PRICE BREAKOUT AT 1899.988 OR PURPLE BOX.. WAIT FOR A PULLBACK AND ENTRY “BUY” At 1899.988 or PURPLE BOX TP : 1955.000 SL: 1886.000
Hello traders and investors! Let’s see how Tesla is doing today! First, it is trading near a support level, the 21 ema, which is holding the price quite well. If TSLA loses the 21 ema then it would seek lower support levels, like the red line at $ 521, or the black line at $ 641, but since the trend is bullish, we can’t count too much on that scenario. The odds...
Rules for Bullish/Bearish Reversal 1 - Pin Bar - Hammer 2 - Stop Hunt Wick 3 - Low Bear Engulfment #3 Lowest Bear Candle Break High for Reversal Break Low for Continuation #3 Highest Bull Candle Break High for Continuation Break Low for Reversal
CFDs on Copper : Target Price 3.6550
As I'm going through my chart, I've spotted a unique long shadow candle on the 1hourly chart(left), not only the candle was long, it just touches the resistance level, you may plot your own chart to see the full story. A pretty cool setup that the software and I both spotted on the 1-hourly chart(right), the harmonic patterns - bearish crab pattern with the...
Harmonic Pattern - Short Large bearish engulfing candle confirming the pattern validity. Classical approach take profit at 38.2 & 61.8 AD retracement. Alternatively you can use resistance levels and/or moving averages as TP
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Entry at 61.8% Retracement of Bullish Engulfing Bar on the Weekly Chart. If no retracement, enter at 1900.00 Price Level.
Hello my friends, Another setup for next week is NZDJPY pairs. As you can see NZDJPY pretty much bullish since breaking above the 5 months flag pattern. For me, there is still further upside for this pair. The measured objective of that 5 months flag pattern was around 800-900 pips in my opinion. We could see NZDJPY continue to the upside until 76-77...
Hello traders and investors! It’s been a while since my last analysis on SPX, but let’s see how it is doing this Friday! First, it filled the Exhaustion Gap , showing some signs of weakness, and today it lost the black line at 3710, triggering a pivot point that could lead SPX to lower levels. Since the trend is still clearly bullish, a retest of the purple...
TVC:DXY On a weekly chart we see a MACD & RSI divergence. But that alone is not enough. We need to see a reversal pattern and/or structure breakthrough. So lets dig deeper: On a 4H chart we see a double bottom, with the second leg being a bullish engulfing candle. Moreover, this is accompanied by a MACD & RSI Divergence. We believe that a confirmation of the...
Large activity in CarGurus since this name typically trades less than 400 contracts per day. On Dec 11, 5,000 Dec $25 calls closing for $3.40. 5,000 Dec $27 calls bought for $2.00. 3,800 Jan 2021 $29 calls are trading; most bought for $1.55. The golden cross is almost there (50 dma cross over 200 dma). Analyst Davidson gave the stock an upgrade friday. Beware FOMC...
Hello traders and investors! Nio is dropping today, which makes sense, as we have a Red Friday today, and most indices are dropping around the world. Let’s start our usual Multi Time Frame Analysis . First, NIO is losing the support level at the red line , frustrating the bullish reaction seen yesterday. The purple trendline is a strong resistance, and NIO...
Expect a move down over the next 10 days. Average move is approximately 5%.
Engulfing & Shooting Star reversal candle on rising wedge MACD Divergence + RSI divergence (not shown in chart) Take profit levels and stop loss shown on chart. Tip: set the TP levels a few pips higher. Happy Trading! Share your view