Description: An analysis for the week ahead. Points of Interest: S&P $3,200 Balance; February Gap; Nasdaq Weakness, Russell and Dow Strength. Technical: Broad-market equity indices balanced higher last week, evidenced by the responsive, tight trading range. Recapping last week’s action, on Monday, the S&P 500 gapped higher, outside of a prior balance...
Description: An analysis for the week ahead. Points of Interest: Low-Volume Above $3,150; $3,200 Balance; Tech Overextension; Weakness In Financials, Energy. Technical: Broad-market equity indices one time framed higher last week, evidenced by the higher highs and lows on the daily time frame, and closed the week off near a resistive low-volume...
Description: An analysis for the week ahead. Points of Interest: 4-Day Island; Gap; 4-Day Balance. Technical: Mixed messages provided after equity indices broke the short-term, momentum driven uptrend, and corrected on June 11. Overall, the island of balance left behind, after the market sold-off, is still intact and will offer resistance on upward...
Identify the Trend T he first thing to do is to identify whether there is a rotation or a trend. In this case it is pretty simple. The 1st VWAP deviation (Weekly VWAP) is moving upwards. This means that the price and volumes are shifting upwards and that there is an uptrend. In this case you could also tell by just looking at the price action without using the...
Today, I will focus on the intraday analysis of the EUR/GBP. What caught my eye here was a rotation from which a strong sell-off started yesterday. Why it caught my eye? Because in a rotation, heavy volumes are usually traded (accumulated). Big trading institutions need a rotation to accumulate their big trading positions. They need time and liquidity. The...
Description: An analysis for this historic week ahead. Points of Interest: Fib clusters at 2710, 200 moving average, failure to get above key retracement levels, Friday $VIX pop to $50+ and break out of balance. Technical: Failed to get above key retracement levels (i.e., 50% and 61.8%). Poor structure (untested POCs or the levels where most amount of...
Description: Things I'm thinking about this morning. Points of Interest: Untested POCs, October low, 200 moving average, 50% and 61.8% retracements, gap at the beginning of the sell-off, Monday $VIX pop to $40+. Technical: Untested POCs (see related ideas) beneath February high were erased in a swift correction. In my opinion, the virus-related news...
Description: Things I'm thinking about tonight. Points of Interest: Massive gap, trendline break, location between 20 and 50 moving averages on daily chart (), untested POCs. Technical: Poor structure (untested POCs) beneath Sunday's overnight. We had a week of balancing and Friday left a poor low. Fundamental: Fed really supportive;...
Hello everyone, i see two divergences on the AUDJPY pair. Jpy is getting stronger and stronger every day (just look at EURJPY), so the price is clearly going down. MACD and VOLUMES are diverging the price since 22 january 20, and now it touched the resistance zone retraced by the fixed volume range. It is time to short.
Support on EUR/USD got breached Let’s first start with looking at a Daily chart of EUR/USD. There has been a pretty significant development! Significant support (from Daily time frame) got breached and now it seems that lower prices (below this support) are being accepted. This would mean that this support will become a resistance. Currently, it is still a bit...
BTCUSDT has broke the resistance of the big wave and that has opened a great buying trade from the support to the targets shown above on the chart , and with a real time targets using our indicators . Indicator List : AZV Volume Power Volume analysis Tool
Today bar is likely to end up as a pin bar. It is to be expected, bitcoin was in a contraction phase and November crash created strong Ichimoku cloud upfront. On top of all that, sudden upward movement happened to leave 3rd deviation Bollinger Bands, which is statistically more frequent on cryptocurrencies but still increases pullback probability by a great...
THETAUSDT has breaked a good resistance . there is good potential trade here with forecasted target shown in the chart above and a real targeted by using Indicators below . Indicator used : AZV Volume Power Volume Analysis
Using AZV indicator with Profile Analysis Buy signal: (Bounce back ) ( Breakout ) Profile Sell Target : 185 SATS AZV Sell signal : AZV - NO of bars = 30 & Multiplier = 2 AZV Signal type = Open Target AZV indicator link :
On USDJPY is pretty good short trade based on volume accumulation setup. There is another confirmations marked in the chart. This short trade is swing level, where is higher stoploss and take profit around 60 pips. Happy trading Dale
After nice rotation around 1.308 - 1.309 followed by strong buying activity i expect that market will be continue in uptrend. For that reason i will be waiting for pullback to this area for long trade. I think that those buyers will become active again and they will start pushing the price upwards again from 1.3089. Happy trading Dale