symmetrical triangle 1 hourly. What do you think? Up or Down?
Head and Shoulder is an important reverse indicator. It must be used with the RSI and MACD divergence and on the graph it can be seen that. It's good set up and the SL is above the right shoulder. Its as on the book. Hope it works. Regards
Red lines: resistance levels Green lines: support range Yellow Dashed: Range that I believe will make the bounce / reversal VPVR on the left for better display of resistance / support levels Circled points: Similarities of L shape formations where Bullish Rally followed. Based on the VPVR and the repetition of the circular formations, I make the bullish...
Bearish Trend Line Breakout. -19.3% possible retracement. I'll short XRPUSD. Join my channel if you want to access my trades!
DXY is on the resistance level and ı expect to see a reversal from here. I think corporates are buying before the line. We can see a good reversal from here..
If we look back at past PA, we can see how MMs break trend to increase shorting to spike in their face.. low volume this weekend could be a nice fakeout setup for monday. targets around 43 mms=market makers see my indicator pvsra volume suite for more definition
The chances of a daily bull pennant increases with every daily higher low we make. Holding 4500 spx es1! Emini s&p futures withstanding and moving toward the week high would the odds of getting to $64 TQQQ skyrocket. Staying over vwma and bottom anchored vwap having no qqe short entry would be very bullish. Channel break strategies say buy over rising support,...
We either reverse the bear cycle and get into local highs or melt back into the 30s and possibly discover new relative lows. Next couple weeks will be huge for btc.. Im betting BULL. The bullish targets on this chart are conservative, and for scalpers.
we are in technical conditions of a selloff and risk averse activity is driving the market. defensive sectors are even doing poorly. there is no reason to think price action will turn around here, vut the price doesnt go anywhere in a straight line. at least one last trip up to mid or upper 95s is a valid target.
this thing has pumped all day and is getting tired. UVXY is overbought on the 15 minute timeframe and is taking on the appearence of a pullback on the one minute where qqe is trying to punch in a short entry. could there be more to go bullishly? of course. why bother trying to squeeze more out of it long when you know lower prices soon are all but guaranteed? high...
vix is showing that weve successfully tested some level in the s&p that could hold. momentum in uvxy is downward. the hourly should play out in bears favor, bullish for the s&p.
given the amount of retracement if we stay over 97 and attract volume setting and confirmin this as a higher low around the .5 its likely we enter a tightening range going for a touch of vwma and then setting a lower high. id like to close that day around the highs for a bull daily case. horizontals are valid targets.
this thing has taken on a terminal thrust/ island top appearance and i wouldnt be surprised to see vix and its derivative products pull back from this extreme.
in reality the tech boom is to blame for this correction. if we werent in such business with the market weight we are currently there wouldnt be a need for the drawdown in buying that we are. this could obviously co tinue, but my bias is still long after the current contraction and retracement. divergence from vwma, rsi and qqe signals strategies are long, and i...
theres a really bullish sentiment playing out on the daily, but technical indications are that we sell off a little in vix. ive circled the type of cross i want to see, and highlighted what could gappen if we dont complete the bearish pattern. over $23 or under 16 in 1 week
One of the most interesting things to develop in Bitcoin last year during the summer dip to 30k was that leveraged long positions inexplicably rose as price consolidated. Under normal conditions traders tend to chase returns and increase leverage as the price rises. This was typical of the first half of 2021 as Bitcoin pushed to higher highs. It would follow...
If we break to new highs it's almost a guarantee that, provided we are hitting new lows in multiple important sectors like tickers xlf, qqq, spy, we take this over 19. The only real guarantee is that whatever high we hit in UVXY we are seeing lower prices soon. low 14s is where I'm drawing these hypothetical puts expiring a me to.e early March. This is based on...
Rsi needs to bullishly diverge further, so the drop in price should be larger. There's really little room to judge this as a lower low that could hold. Around 40 is an area that might induce bullish activity. I wouldn't look for a long entry right now, but there will be one eventually. This is damage that will last up to the monthly. Vwma has turned down, and qqe...