Let's go back in while, price seems to be rejecting at resistance level back in 2018. we see a huge fall after 2018 falling as far as 79%, price is rejected at support which was formed back in 2014-2015. Moral of the story : we check history to forecast present!! Some Ethics : 1. resistance breakout after long span of time (3 years) 2. target identified as...
CRYPTOCAP:UNI A follow-through on the trendline pointed out before to the range mentioned before. But most importantly, look at that sexy momentum volume
Looking at my past track record, I am becoming somewhat of a fanless guru hahah - I better knock on some wood; otherwise the market goods give me a losing streak like I have never seen. However, it is nice to see how these age-old rules coupled with some patience work. Anyways, enough of bragging and lets get to the trade Fundamentals The market is...
CAKE has broken out of the weekly downward trend, with a big growth opportunity ahead in the next period! Potential 10x Targets: 4,8 $ 9,8 $ 25,9 $ BINANCE:CAKEUSDT CRYPTOCAP:TOTAL2 ! Not an advice - DYOR !
Filecoin could be one of the winners of the next bull-run! Potential 7x growth in the coming months Targets: 9,8 $ 21,2 $ 53,5 $ BINANCE:FILUSDT CRYPTOCAP:TOTAL2 ! Not an advice - DYOR !
Before the close of the year the Bio Pharma Sector started running wild. It doesn't surprise me why i'm drawn to this company with all the catalysts coming out. Recently with a PT 40 From Roth MKM. The more you read about the news that comes from this company between CEO investor relations, Merger Deal with Immunogen and entering their phase 3 trial there is so...
Hi Traders! AUDUSD has broken its yearly trendline resistance as the bulls have taken over. Here are the details: The yearly trendline is now broken. Since the break and close above the 20 EMA, the price action has looked very bullish. Our plan is to buy the market dips by looking for an entry near the trendline resistance and an exit near the mid-year range...
Setup looking good for momentum outbreak. Once near term resistance level 137.826 being broken, likely to surge towards 146.69 level base on 1:1 wave. Duration towards short term. DYODD!
- Restest of 1st Trendline - 0.5 retracement of the first wave - Strong Momentum - Enter Between 1500-1520, SL- 1420, T1- 1670, T2- 1820 - Major Resistance - Related to the event, Breakdown from base & Gap Down
This is not a financial advice Conditions: 1. Fibonacci levels:✅ 2. Bollinger bands:✅ 3.Momentum:✅ 4.Price action:✅ 5.Volume:✅ 6.1hr tf:✅ 7.4hr tf:✅ 8.1d tf:✅
Mara reached a new high and fell as expected. It started trading into a wide falling wedge out of a bullish uptrend. I would think other than Bullish if it was knifing down. Found consolidation level at 17-17.60 area after double bottom bounce at 16.50ish and looking for a possible break to the upside out of a bullish symmetrical triangle. With bit coin holding...
With earnings coming up lockheed martin remains bullish and seems to have broke toward the upside out of consolidation. My immediate PT was for it to close gap at least around 475 area. If LMT has a great earnings this can possibly test next resistance at 480 as its still trading and trending up. Trade Responsible, #TradeTheWave 🏄🏽♂️🌊
A Couple things to note is Enovix has been on a steady rise and has had bullish catalyst released. It's on the hook to hit the next leg. Lame pun for the Hook showing on the chart pattern "The advanced silicon battery company said the deal is for it to produce commercial cells for use within U.S. Army soldier's central power source, called the Conformal Wearable...
Looking a the SPCE chart from a birds eye view it shows the company is overdue for a run. For months it's been trading sideways. It almost looks like it's break out of an inverse head and shoulders pattern. Until recently a spike caused by bullish news sending the stock from around 4.04 to 6.50. On the run up it rejected the 6.50 price and came back mid day to...
Signal Title: Breakout Signal Currency Pair: USD/CAD Signal Type: Buy Entry Point: Break above resistance at 1.3535 AND RETEST Take Profit: Targeting-1, 1.3555, TARGET-2 1.3645 Stop Loss: Set stop loss at below swing low Timeframe: 4-hour chart Rationale: The USD/CAD pair has been consolidating within a bullish pattern, suggesting a potential breakout. A...
BUY Setup $USDJPY London Session - 3Mar2023 #forex #trading #usd Bearish breakout on FX:USDJPY . Volume and momentum. Simple and clear. Cheers, G.
Jan 10th, 12:00PM PST We've had a momentum move into a consolidation with diminishing volatility (aka triangle). This is setup is early in development but worth watching. First we want one more bounce off the horizontal trend line of the consolidation. Then we're looking for this to pullback to the 240 21EMA (to prevent Over Extension) and then a quick reverse...
SPX double topped last week and then proceeded to drop. I see a rising trend line of higher lows ( green line), SPX is nearly to the support trendline and is also touching the lower Bollinger Band. VWAP is not shown but price is below it. The Momentum Oscillator shows a rapid decrease in negative momentum. I see this as a reversal setup worth watching.