The $BTC daily swings have been wild! In order to navigate this mess we just have to look at a higher time frame. According to the pressure chart, a proud indicator of my own, this week still indicates more buying pressure than selling pressure. As per pressure rule: you initiate half a position upon the event of a bull candle (white color) closing above the high...
weekly $AMD candle if closes above the last selling pressure week, which was last week, is bullish per pressure chart signal.
The selling week (last week) did not close below the buying week before it, so buyer from July should still be in a position. Bulls can choose to add on this signal once confirmed. Remember there is still a change we don't close above the...
An overhyped stock, dubbed to be one of the "$AMZN wannabes" cohort. We see absence of buying pressure on the daily and weekly chart (no green bars). This implies no interest in buying dip, the last green bar seen had its low broken --> dip buyers got hurt.
However we see it printing the daily 9 and sequential 13 and potentially a weekly 9 next week. Demark...
the market was moving in an Uptrend.
As you can see, we here have a strong daily
Trendline which was respected frequently and
since a long time.
Recently, it got broken, which indicates
bearish power and the weakness of the bulls.
It seems like the Trendline is over now.
Now, the market made one lower Low and
two lower Highs.
That's why a...
GOLD yesterday Wednesday, gold seems like pushing price to finish a final wave on this 4h chart. Don’t forget this pressure line on 4h chart. By this line, it make gold’s last impulse leg so short and very easy to be pressured from there.
And if you check it like this three arrows , you can understand what I am talking about. Each arrow or...
The aussie is inside a bearish channel in H4 chart, the price broke the bigger trendline in daily chart and is now goign down towards the first green line (38.2% Fibonacci), look at the volumes: They are decreasing while the price is going up, it means that the pair is having a retracement and the trend direction is downward.
Keep in mind that the 38.2% ...
From the history of the 6E! Euro Future which can be used to analyse also the EUR/USD (FX), we can see that there is a strong probability to see the market pushing up to break the lines as it is entering in a very high pressure zone.
The horizontal blue line is a very strong support, very hard to break. We have seen several attempts to brake the blue line with...
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We observed that the DOLLAR TREE INC price have been going up but ranging between two very important lines.
The support blue line and the top resistance which has been at a higher level in the past. ...
The market is clearly in a downtrend.
It is making lower highs and breakinf structure to the downside.
We here have four pressure factors:
The first pressure comes from the Resistance,
the second Resistance is the Trendline,
the next important thing is that the market is in an overall downtrend and
the last thing is the 200MA.
We have either broken the triangle, and are retesting the other side of previous support/resistance
We are still in the triangle and are still drawing the pinch.
This is either going to be an intense breout/breakdown, or it will be an anticlimactic, impotent mess.
Hello. A retest back at the Daily Supply Zone and another rejection and Sell Opportunity for gold.
- The resistance zone @1300.000 - 1305.000 appeared to be a high pressuring area for sellers.
- Prices are likely to dip back at the support levels of the weekly and monthly chart ( 38.2% retracement of the Fibonacci levels).
- The mid-term target is...