On the 1 day chart for Angold Resources you can see that my super guppy indicator has turned from Red/Orange to grey which indicates incoming volatility and a bounce in price. You can see that the fast EMA's are starting to converge and crossover with the slow EMA's which indicates a bullish reversal may be occurring. When looking at the 1 week chart we can also...
On the 1 day chart for OGI my supper guppy indicator has turned green/blue, indicating an uptrend, for the first time since June of 2019. On the 1 week chart you can see that the fast EMA's on my super guppy indicator have turned from orange to grey...When the fast EMA's turn grey during a downtrend it typically indicates that price action could have incoming...
JINDAL STEEL is in very good uptrend from april.
Like every good movie has an end, this uptrend is coming to an end, or taking some breath after long run up.
Here is my views,
VOLATILITY STOP INDICATOR GAVE THE FIRST SIGN OF WEAKNESS.
If it brake the uptrend line then, it will start new journey to south.
let see how it develops.
SPY shows a good price weakness which should be bought into.
Investor ma's are strong, widely spaced & up-trending & with no contraction
Distance between the trader & investor ma groups hasnt decreased due to the recent sell off
Shorter timeframe guppy's have started to recover
Prior to the 4k breakout I expected to range within 3k-6k if the market was truly at a bottom. Clearly we are beyond that, taking a look at the unusual strength of this rally a few conclusions can be formed.
One, the bottom is in. If you have followed me for any amount of time you know I don't make premature decisions. When your entire career, income, and...
as allready mentioned im my previous USDCAD Trading Idea, Bear claimed the 1h GMMA Chart.
As of writting this, Bear is about to turn the 4h GMMA Chart Bearish - MOAR DOWN ;-)
The first down channel break downwards and accelerated into a Stage 2 downchannel.
SR's outlined with Blacklines. Have a closer look on the outlined Box, will see how the...
The 1h chart produced a full GMMA rollover, additionally a neat Down channel born.
A messy HS could be the outcome over the next days, ill keep you updated about the HS.
Stay safe, trade safe.
This overview is purely a market trend analysis. This not an analysis saying we are only going up from here. Also, this analysis is done on Bitstamp, checking the other markets as I wrote this, the points I show are visible on the other major exchanges.
We are seeing a few very important bullish signs for the first time throughout this correction. However, this...
AUDCAD could potentially break resistance and climb back up to .97500 area, or continue down to .95550 area. The HMARB is all green, so we could be prepared to see a break in the bearish trend. I will update as this trade plays out.
FOREXCOM:EURCAD has been sideways since roughly 7/2 thru 7/25/2018. Price finally broke the range and retested the channel before dropping on 7/31 and 8/1. Looks like a nice little short for now. Investors wish to keep the trend bearish. Hope you caught it! ~200 pips if you shorted after the close of the impulse candle.
This is a quick analysis of current conditions. The 4 hour Doji we are looking at closes in about 30 minutes of this writing.
Tom Demark Sequential (T.D. Sequential)
Notes: Imperfect close on the 8.
I hate to be on this train, but as I watch this unfold the similarities are there. Ripple continues to be a controversial crypto, but I trade with profit in mind first . There is also a undeniable amount of supporters that keep buying every dip.
I am letting you know now, that the odds of this trade playing perfectly are not high. But it is something I will...