Good morning traders, Todays Crypto forecast is for ETH. Currently we are in a STRONG move up, this momentum will be sucking in new traders and new money each day. What does this mean? Looking at the current PA we can see a pullback is due and we are right in the target zone of a daily range which has yet to be mitigated. Currently I am expecting a pullback to...
A trigger is needed to enter in lower timeframes, such as trend line breakout at 30 M
EPRT has been on a steady rise since the crash of March 2020 and now it's challenging the all time highs from February 2020. Fundamentally: * EPRT's expected to deliver a year-over-year increase in earnings * This may cause the price to go higher and make new all time highs Technically: * EPRT's approaching it's all time highs and is expected to break above...
JBL, an electronic components company, is approaching resistance that dates back to more than a decade! This is huge! When multi year resistances break you can be sure that the stock is going to shoot to the moon. Looking at the price action on the weekly or even daily, it seems like this may approach or even break above $59.88 in the coming week. Trade...
STOR has been on a rampage since the March 2020 crash. It has been breaking one pivot point after another. The 2016 highs ($31.44) were broken and served as support in 2019 and support again in Feb 2020. The price broke above again in November 2020 and $31.44 has served as support since. Now the price is challenging $36.40 which served as support for 5 months...
Price react at weemly ob now looking daily and h4 price.make a expansion beacuse it break previous high so wTing for retracemw t
NVDA is doing great continuously making higher highs and higher lows in H1 time frame. It seems NVDA has defeated first proposed resistance zone and now is going to attack next one at 717-748 which is a broad one. Stochastic indicator in Monthly, Weekly and daily time frame is in overbought zone which suggests that going long is too risky now. For those who has...
1.Strong Rejection of 4 HR support 2. Price broke 4hr Inner trendline 3. Price pulled back to 61.8 zone after trendline break. 4. Price is projected to achieve the daily 61.8, which is in the gray zone ( Monthly resistance)
1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement. 2. PRice created a swing high formation after consolidation. 3. Price broke the 1hr trendline I am looking for a price to move to at least the 38.2 retracement zone.
1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement. 2. PRice created a swing high formation after consolidation. 3. Price broke the 1hr trendline I am looking for a price to move to at least the 38.2 retracement zone.
Channel 1: > Lasted ~1 month and ended with bullish push. (1 Day Timeframe) Channel 2: > Lasted ~2 months and ended with bullish push. (1 Day Timeframe) Channel 3: > Lasted ~1 month and ended with bullish push. (1 Day Timeframe) > Important channel, created support/resistance for channel 5. Channel 4: > Lasted ~1 month and ended with bearish pull. (1 Day...
Happy Weekend Traders, Thank you for your likes and questions. If you have any queries feel free to message me. I have had a few questions around how I build my analysis for the week. Here is one idea, I am looking at, I haven't placed a trade but is on my watchlist due to the below: Bias: Short USDCAD Type of idea: Swing Please note: This chart is 4hr...
Good day traders !!! On gold we are looking at a short setup because we got again into the descending channel again and it seems that we had some sort of fake breakout of the trend line. Also we just completed an "M" formation on the daylight timeframe and we retested the neckline and rejected it. We are looking for a short setup on the short term but be cautious...
Good Day Traders !! On Gold as we expected the price dropped to the demand Zone and broke the trend line ! On the Monthly timeframe we have an overextended W formation and we just tested and rejected the neckline. Down on the weekly timeframe we have an "M" formation and we have confluence between the neckline of the weekly and Daily "M" formations. Also it...
- double big up & down bar is mean the price is rejected the resistance + supply zone - after breaks-out the head & shoulder pattern, the price is in the up trend - short will small position to demand zone or long when price test demand zone + support level with clear price action - if you look the volume, you will see it is increase around the head & shoulder...
- Strong demand zone 1st was formed after strong buy by SHARK with BIG BULL BAR & BIG VOLLUME - Wait Price Action or Buy Limit around the demand zone - Entry, Take Profit, Stop Loss as the chart
- the price is tested the demand zone - BUY LIMIT around demand zone and TP1 around 1upply zone 1st. TP2 around supply zone 2nd
price react aggressively Monthly support.