I would bet on the short squeeze... sometimes the market doesn't follow logic, but I could be wrong, obviously. 1. Price testing long pandemic retracement of 21.4% at $ 405.49. It broke 38.2% short retracement from the last top. Stochastic DMI in dangerous region. 2. Is there still room to go up?
Ethereum - after the gap is before the gap Nice pumps all over the Crypto World - especially for ETH I am still kind of suspicious since economy is NOT healthy at all But in a bullish scenario ETH might try to close a gap from May 9th that falls together with FIB golden pocket at $2.594-$2.677 But the way till there is long - give me your thoughts *not...
F's downtrend started to flatten out from mid June (trading between 10:65 - 12.45), eventually breaking above the "neckline" @ 12.45 on 19 July. It retested this neckline a week later and held, giving conviction that this previous "resistence" is now a new "support". Today it gapped up on strong volume as earnings had surprised to the upside. It is likely that...
BTC1! is in falling wedge at falling channel support after printing a diamond pattern on the CCI. RSI in a descending channel and bouncing of support. Breakout of the falling wedge has a measured move of 39.8k which will close the two gaps at 28.8k and 35.6k.
Ethereum ETH - BULL and BEAR gap scenario We see a green candle today so far (FOMC meeting incoming !!) As far as this candle is in the gray inside box I would stay on the sideline bullish: a daily candle close above the gray box at $1.513 more bullish: a daily candle close above the closed gap at $1.663 bearish: a daily candle close within the green box...
Watching INR closely after recent bullish fundamental news regarding Ford Binding Offtake Agreement. I have charted key levels of support and resistance as well as added in long-term and short-term trends. Direction 1: Recently validating short-term uptrend and testing current daily resistance zone IF momentum continues it could regain long-term uptrend and...
Ethereum - CME gap effects Gaps typically have a memory effect - prices come back But several reaction can be seen... e.g. - price finds resistance / support and gap is not closed - here $1.474 and $1.359 - price closes the gap - here $1.663 and $1.266 What will ETH do now dear Crypto Nation? *not financial advice do your own research before investing
Baidu - Intraday - We look to Sell at 150.96 (stop at 159.81) The medium term bias remains bearish. We have a Gap open at 150.96 from 08/07/2022 to 11/07/2022. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies. Our profit targets will be 119.90 and 102.50 Resistance: 150.96 / 156.69 / 170.35 ...
We have a Textbook Confirmed Piercing Line Visible on the Weekly on the Taiwan Semiconductor Manufacturing Company I was made aware of this a few days ago but opted to wait for the earnings report before taking action. We got a positive report so I am now taking action and my Bullish Target for TSMC will be around $100-$110 to fill the Gap Visible on the Daily Timeframe.
Hello Friends! I believe DJI has more downside. Currently, it’s trading in the channel that was developed in 2009 to current. Week of June 13th it tested the bottom of the channel at 29653. Now it’s approaching strong resistance at 31533. Going into next week I think any negative news can push this out of this channel and on its way to test the 28495-28902 gap....
Adam and Eve (A&E) is a kind of "double bottom" pattern, a potentially bullish reversal signal. NIO broke out of the A&E patten today on a strong gap, increasing it's odds that the trend has reversed (to the upside) and is likely to follow thru in the medium term. Near term pullback possible (and could present opportunity to long at lower risk) but unlikely to...
USDJPY Market is bullish. Watch for price actions at the trend line.
DJ:DJI had the rally this week and finished with a strong volume day on friday. Looking to this week we have a Gap to be filled from the previous drop at around 32300. This lines up with the 707 from recent high and low. We also have 1 SD @ 32690. Anything above these levels could mean we have some sort of major low in place. At this level there is a Similar...
Hello traders and investors! Let’s see how the SPX is doing today! First, it broke our key point at 3,810 by doing a gap, making this a Breakaway Gap, a bullish continuation pattern. Now we are just doing what the index was supposed to, and it almost filled the gap at 3,900 today. In addition, you may say that the SPX broke the neckline of an Inverted Head and...
If $META doesn't open below my take profit or above my stop loss at 9:30am EST tomorrow morning, I will give it another five minutes to do so. If at 9:35am EST it still hasn't hit my take profit or stop loss, I will manually close the position.
If $AAPL doesn't open above my take profit or below my stop loss at 9:30am EST tomorrow morning I will give it another five minutes to do so. If at 9:35am EST it still hasn't hit my take profit or stop loss, I will manually close the position.
If $MSFT doesn't open above my take profit or below my stop loss at 9:30am EST tomorrow morning I will give it another five minutes to do so. If at 9:35am EST it still hasn't hit my take profit or stop loss, I will manually close the position.
If $TSLA doesn't open above my take profit or below my stop loss at 9:30am EST tomorrow morning I will give it another five minutes to do so. If at 9:35am EST it still hasn't hit my take profit or stop loss, I will manually close the position.