We might see price reacting on the level of Resistance, given a signal, a sell momentum might kickin. We also see a downward Trendline, which price might react on. Lets Wait and See what the market does. LET PATIENCE PAY
We see price reacting to the Previous Lower Low, we might see Price reversing from the level. IF the level gets broken, the price might push higher.
Hi traders, we have a trading idea we wanted to show you. The idea is for the $ FUTU stock, the stock is currently in an 8% gap down following the publication of good first quarter financial statements. In addition, the stock is breaking through the downtrend and is currently holding and trading above it. Our idea is to wait for the stock to build up as a bull...
As per liquidation information on the digital currency market given by IP TRADE, Ethereum saw one of the greatest liquidation volumes over the most recent couple of months, on the off chance that not years, with nearly $800 Billion worth of orders being vanished from the market. Such a huge liquidation volume showed up after Ethereum skipped off the helpline at...
Hi friends, I hope y'all had a fantastic weekend ;) Today, we have possible long-term bullish rally on this baby. I kind of doubt the trade but looking at how the correlating pairs that have GBP as a base currency behaved (by bearish dropping in the previous weeks) instilled faith in planning to take this trade with you guys. Before we do that, lets take a look...
dear friend, i think GBPJPY buy today. keep in touch. thank you.
we have a big empty zone from mitigation and a down zone of liquidity
In today's analysis I want to dive deeper in why Bitcoin Dominance (BTC.D) is important and why you should add this tool to your trading strategies. At the end I dive deeper into the mathematics behind BTC.D and how you can use it to calculate values of future alts. Give it a read! What is it? BTC.D is simply put the total market cap of BTC divided by the total...
1. Overnight inventory was in balance as compared to Friday close - a bit lower but mostly in balance. 2. Price went down in first half hour and stalled at Friday value area low - Went up from there. 3. It was a very rotational and a very choppy day but there are no serious selling. Overall volume was very low. 4. POC was 7 bar wide (>50%) 5. Value area was...
AMEX:SPY I thought that we broke the neckline nine May, I expected a retest of the neckline, but I did not expect a cross back above. But what caught my attention is that the rallies occur on light (under average) volume. Maybe this could indicate a bull trap. I can not wait for your response and vision on the current market. I wish you all the best This is no...
Hi traders, we have a trading idea on SPY for Tuesday that we think would be interesting for you: So, after the trend has changed in the last few days we can expect the SPY to gapped down at the beginning of the trading day and after a false break will bounce up again. If so, we will enter the trade with an excellent R / R ratio towards the $ 429 area.
Every time i share a screenshot people ask about my indicators. well here they are note: NO indicators in EXISTANCE will make you consistently profitable but some are better than others and this setup has changed the game for me. i was already confident and profitable trading naked charts but this combination gives me more conviction and often a new perspective :)
The chart posted is the best wave structure to stay with .I feel based on the fib and spirals cycle that I have been posting . and the fact we peaked into 2.618 at 4711 /4718 target that the only aly was a cluster at 4917 plus or minus 2 . . But with us breaking down in IWM and NYA . I feel that the cycles would be hard down into jan 6/20 focus date jan...
It's a long-term possible play-out for the total market cap. What do you think?
Hello traders, here is my view for AUDUSD, let me know in the comment section below if you have any questions. This is just my view and not a financial advice.
Hello traders, here is my view for XAUUSD, let me know in the comment section below if you have any questions. This is just my view and not a financial advice.
Mac D staring to cross over, RSI in prime condition, room to run within trend lines up to resistance in purple box 2.5% away then small rejection before breaking out. that would be significant as it hasn't broken out during the down trend at all. see what happens maybe a summer pump ready for winter collapse
Chart looks broken and now retesting previous highs. This can come down anytime towards $300 pretty fast.