Lowe's triggered my early-warning price reversal algorithm. The full accuracy when this occurs is detailed in the article at my website below. The RSI algorithm determines overbought and oversold levels. The algorithm signaled a SELL on April 6, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. This is...
Chicago lumber futures were trading around $950 per thousand board in March, buoyed by robust real estate markets and expectations of a swifter economic rebound fueled by massive government spending and vaccine rollouts. Covid is also causing lumber shortage and shipping problems. LL has a nice bull flag on the weekly, look for break above $26.5.
Close below 179 in daily candle makes a perfect scenario for short!
High Returns With Low Risk is the Key. Chart never lie but human will.
These are the tickers which have closed below their 200 EMA today.( definitely entered Bearish trend ) Please pay attention to increased volume during down trend and the very same day these tickers closed below an important level.
Price has hit our long term targets at the bottom of previous structure and since has found support at the level. Will we see NZD strength prevail and price break further to the downside for the rest of the week? Have a great trading day.
Simple Chart showing potential growth if we keep consolidating and we don't blow out the bottom. ITS has some great potential. A experimental perpetual yield token that will integrate into the Renascence Platform - Soon TBA. Big token burning op. Some 50k to 100k tokens. That's it. And low MC atm. Thoughts?
Credits: Seen on MitchRay's stream yesterday The Compound Dragon pattern looks even better now, makin higher lows and potential hidden bullish divergences (as its tradition) developing on the daily and now bullishly engulfing on the last 4h candle of the day.
seems we could have topped out, i could be wrong as bitcoin loves messing with your mind, but im seeing the top maybe as we just are not moving at all as there isnt no volume, that drop lastnight was scary for alot no doubt for alot people, , lets see what happens , its only a idea but could play out
Entered short when 4hr painted lower high lower low a few times. See what happens in next 30 mins
We've been bearish on this pair for some time now after a previous break of structure. Price retested the highs and tanking rapidly so far today. If you want to learn about this analysis, using highs, lows and key structures just send me a message on TradingView. Happy Trading guys!
Resistance H4 at H-LH trendline. Now at 3rd touch. Expecting Lower Low.
From top that makes HHb (Higher High Break), then bottom that makes LLb (Lower Low Break), i'm looking at sell entry at Fibo Musang level 23, then TP at nearest level 161.
This is a long term hold however it could easily grow 100x on investment if you buy today!
We've seen NZD/CAD in a long term uptrend. We see a break of structure, a retest of a previous structure low before bears enter the market. Look at these textbook break and retest setups and potential entries you can take to the downside! A break and retest is when price breaks through a previous low in the market, retraces and tests this level as resistance...
What we don't want to see is a rejection at the oppisite site of the Fib Retracement. A rejection and a subsequent lower low would be bearish, breaking the upper boundary and rising quickly would be very bullish. I think a squeeze is imminent as short DXY is consensus and we haven't had any meaningful counterrally