Hey Rich Friends, Happy Tuesday! Here is my technical analysis for USDCAD. Always check the news and cross-reference the indicators on your chart before entering any trades. I think that there are opportunities to sell and here is what I am looking at: - The market has already rejected a previous supply zone on the weekly time frame - There is an evening star...
AMEX:SPY April 26, 2024 15 Minutes. The expected long was nullified by gap down. But AMEX:SPY managed to close near 502 levels. Now we have all moving averages consolidated together. I have Elliott oscillator green, CCI green and stochastics above 75 with no black bar on top. Now for the rise from 493.86 to 507.37 AMEX:SPY retraced more than 61.8%. Also,...
QQQ on the daily chart hit a hpivot high on 3/21 followed by a slight downtrend of 1-1.5 % overall this past week. Buying volumes are low. The Price Momentum Oscillator has reversed to bearish and the Raltive Trend Index has entered the chop zone and is heading bearish. Price is presently one standard deviation above the intermediate-term anchored VWAP....
CMG catapulted after the best earnings beat with an excessive and overextending move to the upper bounds of the widening wedge pattern and beyond the third upper VWAP band on this 30 minute chart. It did have a corresponding leap in volume. However, I expect a retracement into the 3020 level based on the Fibonacci tool. This is about a 5-6% downside. I will...
LandX, a token that perfectly fits the popular RWA narrative, has passed the diagonal trendline. It is also trading above both the daily SMA-10 and SMA-50.
Super Neutral Play but let's go! Fibonacci Retracement Fibonacci Extension Volume increase and seems to be a really cool game to explore
I had expected Paypal to rise. It did but not with the momentum I had expected. We cannot overcome the MA so that the preferred direction is the downside at moment. I don't expect to much however, as the our friend the trend is still up.
Waiting for a monthly close above the 8-year downtrend line to get in. The chart is pretty messy but many other signals are converging around that area (200-month EMA, 50-month EMA, .382 Fib). Price had a false breakout early in the downtrend based on the trendline I drew but I drew it where it is because it had many hits along this line. If price breaks out...
The dollar is definitely under a lot of pressure at the 106.00 level. This led to a bearish impulse at the 105.70 level. We may see a continuation of the dollar index's pullback to better support. The potential target is EMA20-daily (105.20-105.40); if we do not get support there, the next target is EMA50-daily (104.60-104.80).
AMEX:SPY April 25, 2024 15 Minutes. As expected, AMEX:SPY managed to hold 502 levels. Foe the day holding 504 levels I expect 507 to cross towards 510 levels as initial target. If 504 is broken on downside I expect 501-502 as target. So, I feel not much worth shorting today. Based on opening 15 minutes today should be a trending day one sided. Moving...
04/24/2024 MACD clearly shows bearish momentum , wider lines RSI not over sold price action : Resistance at 50 day MA and bearish downside reversal candle stick pattern: Bearish Engulfing Sell 800 , target 760
Currently back near 2017 opening levels, this may be primed for a nice bounce. Chart looks really interesting for the long-term when looking at the monthly... Looks like a great zone to accumulate and hold ;) www.growgeneration.com www.sec.gov
Crude-oil futures have been climbing all year, and some traders may see further upside. The first pattern on today’s chart is the March 6 high of 80.67. CL1! Bounced there two weeks later, potentially turning old resistance into new support. That’s could be a bullish signal. Prices then rallied to a new six-month high near 88 before pulling back. They bottomed...
AMEX:SPY April 24, 2024 15 Minutes. SPY has managed to hold 493 levels. 50-day average in daily. in 15 minutes forming HH HL pattern. Moving averages are getting sorted out. For the day holding 501-502 levels, for the rise 498.91 to 506.09 uptrend in intact. So, on downside 500 is a crucial level to hold. On upside resistance is around 509-510 levels as it...
Upward momentum continues to look stable. when looking at the charts for the next few days. The daily chart still shows stable momentum in PPM1 even as PPM2 and PPM3 are still struggling along. This may mean that the upward momentum will carry on for some time but is prone to suddenly dropping off. Note that PPM1 is only at 0.1928, not exactly a very strong...
Market bounced to the EMAs which works like resistance.Always trade with 1:1.5 risk reward ration minimum.The previous trade we lost. This trades result will be updated later. SL TP and Entry are given to the chart.
Looking at the Weekly Chart it seems likely to hold these prices for a bit and I have a good feeling buying under $10 will be a great long-term hold. Here in AZ i'm seeing a whole bunch cruising around and honestly they look pretty awesome. Much better than the cybertruck xD.. Anyhow looking at the consistent revenue growth to continue.