TUP on the 30-minute chart has some decent technicals. Based on anchored VWAPs one set for 8/1 and another 8/3, TUP has pulled back into solid support at the two mean VWAP lines. Volume has been steady. It is in the middle of the fair value zone and under the POC line of the volume profile. Analysis of that profile is that price should seek the POC as if a...
with details including SL and tiered Targets on the 1H chart for this pullback continuation idea.
My thesis is that comparing an equity price in a ratio to spot gold expecially on long time frames can sometimes bring clarity to complicated trading decisions. Here, I seek to determine since I hold both gold on the forex market and NVDA call options, whether I should sell one to buy the other. Upon putting the ratio of NVDA price compared with spot gold on...
AAPL has been rock solid this year as illustrated by the daily chart. It is no surprise that AAPL is Warren Buffets's biggest holding. The earnings were a top line beat with revenue flat. New iPhone sales are off. The TSLA idea of dropping price to boost demand and trying to maintain margins will come into effect. The dip this week is remarkable given the...
Cycles are trying to show different. It is clear that the market is completely manipulated. In any case, wait for the bull .
Apple gapped lower on Friday thanks to a ho-hum quarterly report. Is it an opportunity for longer-term buyers? The first pattern on today’s chart is $182.94, the previous all-time high from early 2022. AAPL challenged this price on June 5 after unveiling its virtual-reality headset but was initially rejected. The stock kept pushing and made new highs a couple of...
Litecoin is pulling back to 100MA support when it seems likely to bounce and resume bullish. ⚡️⚡️ #LTC/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (3.4X) Amount: 5.0% Current Price: 93.07 Entry Zone: 92.71 - 88.49 Take-Profit Targets: 1) 103.31 2) 112.87 3) 122.44 Stop Targets: 1) 79.97 Published By:...
Hi Traders! The Non-Farm Payrolls announcement led to weakness in the US dollar due to a weaker than expected number. The figure came in at 187k, which fell short of analysts' forecasted 205k, and markets have reacted strongly to the data announcement. We have a multi-chart analysis here on the 3H timeframe showing the current price action in the markets. Levels...
Alphabet jumped to a new 52-week high on strong results last week. Now it may be giving trend followers a potential opportunity. The first pattern on today’s chart is the bullish gap on July 26 after revenue beat estimates and its Cloud business surprised to the upside. GOOGL has retraced half that move, which could attract dip buyers. The current level is...
Gold is sideways in the range from 1930-1936 to wait for Nonfarm news. About the possibility that I still follow the trend of buying and recovering of gold. At the highest volume level in the trend of Gold, right at the level of 1930-1933 is the level where Gold concentrates the most buying force. However, a strong momentum is needed for Gold to break port...
Nifty punched all time high and get distribution. Now taking support at weekly swing low and MA. Probably move from here to all time high. We can take long with SL of 19100 and we focus vix level.
AMEX:SPY August 4,2023 15 Minutes Gap down at open. Hence the bounce back that I was expecting due to divergence got cancelled. Down trend contra was the setup. Gaps always give s good support/resistance. One hour AMEX:SPY made a low at 447.38. When we draw the fib for the last fall 453.52 to 447.38 61. retracement was at 451 levels. Two things to...
TVC:DXY Testing the 150 Day Moving Average, is it different this time? And the FX:EURUSD is testing an uptrend line. Soggy euro continues moving lower as the dollar catches further bids today. The 50 and the 100 day are slightly lower, as well as the big trend line that has been in place since the lows. 1.09 ish is the make or break level.
As an avid participant in the cryptocurrency market, I wanted to bring your attention to a recent development in the Bitcoin (BTC) market that requires caution and careful consideration. This idea aims to inform you about the current state of BTC, which has fallen below its 50-day Moving Average (MA) and is accompanied by a Relative Strength Index (RSI) of 50. ...
GME on the one hour chart fell over a week from July 27 until earlier today. The fall has heavy selling volume this morning followed by a flip at the lunch session into buying solume above the running mean. Similar findings are on the volatility indicator. The MACD has a cross under the the histogram as price momentum shifted from bearish to bullish. Price...
USDJPY is below the regression channel and three moving averages have crossed in different time ratios. USDJPY is expected to correct up to the price area of 139 and from there it will rise again .
Hi Traders! USDJPY is trading with momentum ahead of tomorrow's Non-Farm Payroll (NFP) announcement, and we could see a break above the resistance level at 145.073, especially if the NFP data is strong. All of our indicators and price action analysis on the 1D chart are showing us that USDJPY is currently bullish. Since we had the break and close above our 20...
BTC 3 Day MA 50 just signaled a cross over the 3 Day MA 100. Typically a very bullish indicator. Last one signaled almost exactly 4 years ago. Notice that the price did decline after crossing in 2019, so not always a short term bullish indicator. But see how the MA 100 acted as support for many weeks, so any pullback could be very minimal for BTC as it is...