We see small opportunistic trade in IMOEX. Stop is 3000 points psychological level and the target is recent high level of 3288.40 points. Current price before the opening bell is 3051.90. As always it is better to take money from the trade if something goes wrong.
FX:NZDCHF has been in an uptrend for several days. However, price has reaching daily resistance zone and also experiencing bearish divergence on the 1 hour chart. Even if the bullish momentum continues on the daily time frame, we can expect a pull back on smaller timeframes!
SPY reached the top of a couple of pitchfork lines and has been lingering at the bottom of another ready to break out on the downside. RSI is also in a downtrend channel.
SPY fell as I predicted in the related idea. It followed exactly the RSI channel that I drew when I posted my earlier idea (yes, I didnt' draw it now but before SPY fell, on Sept. 11, 2023, when SPY was 448.38). SPY now looks ready for reversal (given the price reaching lower pitchfork lines and RSI reaching the bottom of the channel). Additionally, I have my...
Gold Shangai Gold (Physical) / Comex futures Spread
rsr may playout to next level , see carefully and search for divergence
Waiting for retest confirmation on the hourly, and the 4 hrly.
Hello Everyone. I want share my idea about gold price action which will be signal for next week. I know market is closing but i love look at market when its quiet and we had all strong and real moves. I add some indicator which show me price momentum, today in Asia session started with long which actually tested strong daily resistance (which was broke but...
ADA/BTC Weekly Chart #ADA A chart worth keeping an eye on #CardanoADA - RSI Oversold for 2nd time ever - Break out of bearish channel (Pending) - Break above 50 SMA with turn up (Pending) - Zones are rough guides. - 115 weeks is a time guide as this was the last timeframe from top to the bottom before bull market started. We are only at week 83. You...
The "3-day rule" is a basic principle that suggests traders should wait for the third day after a drop to consider entering a stock. That concept may now apply to e-commerce giant Amazon.com. The first pattern on today’s chart is the gap lower on Thursday, one session after the Federal Reserve hammered sentiment with its "higher for longer" message. Notice how...
#ETH testing the bears here on moving average oscillators. Set alert on the resistance trend line and let trading view work for you. I'm neutral here, but with all the rumors of ETF's forming around the world for crypto, it's a bullish sign. Happy hunting!
INDEX:BTCUSD BTC has put on an impressive rally from the November ’22 lows. (+105%) Now, it looks like it’s about to start turning over again for what I believe is the leg of the bear market. The Red Median Line set is drawn from major pivots: Dec ’17 high, Dec ’18 Low, and the Nov ’21 High. I plotted a (yellow) minor fork on ’22-’23 price action to show a...
COINBASE:BTCUSD has formed bullish divergence on daily support and is currently testing a trend line. Price needs to break marked levels on the chart for bullish momentum to continue!
The Daily chart provides a long term uptrend channel, in which a short term rectangle has been broken out upwards. Possible move to the upper boundary of the channel. The Slow Stochastic is overbought, I don't feel comfortable with this, but remember that oscilaltors can remain overbought/oversold for long period when a strong trend is showing.
On the above 1-day price action has corrected 90% since November last. Now is an excellent moment to be long. Why? 1) The ‘incredible buy’ signal prints. 2) Price action prints a higher low on the golden ratio. 3) Price action wedge breakout. Flagpole measures a 300% move to upside. 4) This token is on the ‘what if’ list. In fact this token has already...
BTI loves to oscillate between 32$ and 45$. A simple strategy would be to enter around not spot and hold through a quarterly dividend. Jet fuel in calls could also be applied to lever the bet. A >8% dividend is nice these days in this uncertain market. The company has heavily pivoted to vaping and does not need to rely on American markets.
AMEX:SPY September 23, 2023 15 Minutes very week chart. Below all moving averages. LL LH formation. Yesterday 434.9 to 432.23 61.6% retracement was not held and fell to 430 levels. 428 is still the first target. However, we have an oscillator divergence in 15 minutes. Price making LL but oscillator making LH. Hence i expect a retracement to 435-436 levels...
Looking to play tech for a bounce here. Demand Zone is sourced from 60-minute chart within the context of longer-term timeframes. As overarching market structure is somewhat of a concern, look to harvest short-term profits quickly and leave runners for intermediate-term swing long if able. Safety first!