This is the same chart I posted on 9/5, and it has played out well. On 9/7 we had a 50% retrace and hit target D, bouncing slightly on Friday to close at 445.52. Progression along the upward arrow on Monday would be very bullish, and it is very possible given the lightened up volume profile upwards along the arrow. However, I am seeing a downward bias for...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bearish Gold & Silver:...
I Checked the 180-degree angles from the 2$ base. You can see all its reactions.
We notice that we are in a correction to the upside, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buy, and there is a divergence
I Checked the 360-degree angles from the 2$ base. You can see all its reactions.
NSE:CNXFINANCE Levels for 11-09-2023 Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below then SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of...
BTC has seen a push to the upside and may have one more small push to the upside left off the recent bullish momentum builiding. Looking at the 4hr line chart that momentum maybe running out fast. IF these lower time frames turn back over to the down side rather quickly this will provide enough time for one or even two more nice moves to the down side before the...
# Define the current price current_price = 1.1800 # Define the peak and trough based on historical data or your strategy peak_price = 1.2000 trough_price = 1.1500 # Calculate the target for an upward move upward_target = current_price + (current_price - trough_price) # Calculate the target for a downward move downward_target = current_price - (peak_price -...
A trade idea would show up if next week opens with a gap down. Below the crossing of two angles... Next 2 months can produce the biggest move down of the year.
Morning pop was OTM. SPY moves ahead to resistance without equities. TSLA sits with no structure below. Sit to long at resistance and we will dump. Otherwise Watch the break of COST BASIS ABOVE.
Gold long to 1927 fist target then 1931 as i see it .
On the hour chart the trend started on Sept. 7 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 145.777 But we should not forget about SL = 147.9 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading
Yesterday was a positive day after three straight down days. Can traders end the week with a positive day which remains to be seen. Any test of ETH session High could provide direction for the day. Level to watch: 4454 --- 4456 Report to watch: US: Wholesale Inventories (Preliminary) 10:00 AM ET
NSE:BANKNIFTY Levels for 11-09-2023 Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below then SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception...
NSE:NIFTY Levels for 11-09-2023 Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below then SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of...
Watching TSLA today for a pop and drop, using the structure above and below if those are broken we can expect a big day, if we stay in between the two. Options chop and we are OUT.
Bank nifty Buy Friday head and shoulder target will reach around 3:15pm as per marked area.
We notice that we are in an upward correction, waiting for the sellers' momentum to weaken to buy