Small caps accelerated on the CPI print as they had been lagging for months and were very oversold. As Hims fundamentals increase investors are catching on, TA wise the stock has taken two important levels this month and we have a half month to go. If this flag breaks to the upside we will see my first sell target that is the dashed green. Breaking the gold .382...
EUR/AUD recovered quickly after dipping to 1.6631 and intraday bias remains neutral at this point. On the upside, sustained break of 1.6843 will resume the rebound from 1.6319 for retesting 1.7062 high next. On the downside, however, below 1.6631 minor support will turn bias back to the downside for 1.6449 support instead.
It is now 10:12 am. I woke up this morning and found a surprise. I shorted gold in the 1964-1966 area last night and hit my expected profit target of 1959-1958 in the morning. Although the profit was not much,it is indeed a surprise for us, and it is also a wonderful start to the day. Now that I have developed a new trading plan and have executed transactions...
CAPITALCOM:RTY chart mapping/analysis. Russell 2000 still stuck within trading range despite recent rallies across major US indices. What's on the chart: Ascending parallel channel (light blue) captures upward trend over multi-decade timeframe Descending parallel channel (white) frames downward trend from upper to lower range (multi-decade) parallel...
you can short now or wait for break current support (HL) area and retest or create lower high at red arrow and start short and take any target - General Trend is Down - GBP is weak
Hello everyone! I suggest you take a look at HOOK. After a long decline, the price found its bottom around $0.71 and has been in an accumulation zone for 70 days since August of this year. Currently, on the chart, we can see that the asset has successfully broken and tested the descending trendline and further broke a strong Fibonacci level at 0.236,...
The dollar forms a new low at the 104.00 level, after which we see a bullish consolidation that triggers the dollar's recovery. Target is 104.80-105.00 range, around 50.0% Fibonacci.
Good morning, everyone! ☕️ I trust you're all doing well. The price action prompted a break-even situation for me from yesterday’s setup (buy zone). Although I manage to bag 70+ pips, it had the potential for a 100-pip movement, it fell short. I've identified two potential zones. Yesterday, the price rebounded from the daily resistance area and established a new...
NASDAQ:MSFT chart mapping/analysis. Bullish price momentum within an ascending parallel channel (green). Bull target(s) Breakout above ascending trend-line resistance (white dotted) Upper range of ascending parallel channel (green) Upper range of ascending parallel channel (light blue) 23.6% Fib + ascending parallel channel(s) confluence resistance...
NASDAQ:NFLX chart mapping/analysis. Bullish recovery back into ascending parallel channel (green). Bull target(s) Breakout descending parallel channel (white) + descending trend-line confluence resistance Overhead gap fills (~470 / ~506.93 / ~566.88) Golden Pocket Fib + gap fill (~506.93) confluence resistance zone Bear target(s) Underlying gap...
NASDAQ:NVDA chart mapping/analysis. Breakout/bullish price momentum pushing higher within an ascending parallel channel (green). Bull target(s) Golden Pocker Fib Ascending trend-line resistance (white dotted) 78.6% Fib (+1) Bear target(s) 50% Fib (+1) Descending trend-line support (white dotted) aka "return to scene of crime" 38.2% Fib (+1) ...
NASDAQ:TSLA chart mapping/analysis. Continuation of bearish price momentum. Bull target(s) Breakout above 38.2% Fib Overhead gap fills (~242.08 / ~289.52) Descending trend-line resistance (white dotted) 50% Fib Upper range of descending parallel channel resistance (white) Ascending trend-line resistance (green dotted) aka "return to scene of crime" ...
Many alts sitting at their lows have similar setup and structure. Risk to reward, worth taking a shot, just manage your stop loss. We can always look for another entry if it drops. If you wanna play it safe, put the SL tight and close below the last low. Targets as shown via fib extension, fib retracement and resistance levels. Target those areas by spreading your...
CME_MINI:NQZ2023 - PR High: 15866.00 - PR Low: 15844.00 - NZ Spread: 49.0 Key Calendar Events: 08:30 – Initial Jobless Claims - Philadelphia Fed Manufacturing Index Prev session closed virtually flat - Daily printed for potential reversal short Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Gap 7/20: -0.11%...
AMEX:SPY November 16, 2023 15 Minutes. As expected not much movement to the upside. Nor any retracement. Now AMEX:SPY in 15 minutes is less than 9,21 and 50 averages. It looks like a retracement will happen today. I am expecting 446-447 levels. As you can see for the 2 rise 433.39 to 451.37 440.1 to 451.37 we have a fibo meeting at 444.5 levels. No trade da for me.
Daily Swing is bearish Daily Internal is bullish to ease the daily pullback The price has mitigated the 50% of P&D Strong momentum of bullish, because of USD CPI being less than forecast is bad for currency Shorts from this previous supply can be traded just to facilitate the daily internal pullback Just to update y'all I've changed the strategy that...
On day chart Render Token hit Supply Zone that is also the 2.0 Fibo Channel in my last idea. First sign, RNDR failed at 2.6 and can pull back to Support around 2 this zone is good to join You can trade on lower TF Wait for next move
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.