Everyone is focusing on the lower time frames without noticing the higher monthly supply holding right above current price. Be careful selling before this zone! We are seeing lots of indecision suggesting price may well want to travel up into the supply before any signs of reversals. Bear this in mind when trading this pair. Please let me know what you think...
I believe TEVA is accumulating, you can see many tops and bottoms are being liquidated. It is a whipsaw for traders in phase b. However, i believe we are going to get a test that will send us outside the range on good news
Hertz has been moving sideways really since February. Holding up well in overall bearish conditions. Now showing bullish divergence indicating that momentum could be about to turn. There is horizontal support around the $15 mark, making this a lovely risk to reward play. There is resistance around the $20 and $24 mark but this has plenty of range for a longer term...
EURUSD is trading between the levels of 1,05-1,06 during the whole week. Right now, we don't really have any good trend trading opportunities. We're still looking for selling opportunities as our main idea. We are only selling if price breaks below the previous lows or if it pushes above 1.06 and then we see a reversal. We are not looking to enter any...
Hello again! Here's the whole clear picture so far: - We were in a bigger range (20k - 22.5k) - As soon as we lost 20k (bottom of that range) we broke down to 17600 (which is the daily low of 11th December 2020 - the last red day we printed before the beginning of the new bull market. Those numbers are not random. More on that in another post!!) - After breaking...
63 day out look recap for the trading pair GBPNZD that I didn'tget to finish
Since April 13th, we have seen the GBPNZD trade between a range of 1.920 and 1.960. Quarterly trends: It's been 504- days (8 quarters) since the price has moved above this price briefly, creating a wick on larger time frames. There have been 13 instances in the past 53 days where the stock price has been at or above the 252-day average price (4 quarters),...
xauusd long supply and demand market structure liquidity range breakout
There is an increase in the momentum of buyers and a decrease in the momentum of sellers and buyers appeared and the price is now moving in a range Logically, the buyers outperform and the price rises to break the top, and maybe to the 127 Fibonacci level
we are see a break of a strong range after 78 day and also the price break a strong support so we can see usoil on a new level at 94 dollar stay safe...
There is a Falling Wedge Visible on the Daily and Weekly and on the Daily Timeframe we have a Double Bottom With Bullish Divergence present at the Demand Line of this Wedge as seen here: I will mainly target around 0.9 cents which is the top of the range we have formed on the weekly but overall this has potential to go beyond the main target and hit 1.7 cents if...
I am now waiting for the order flow to confirm that there is a possible long here and then i will place a position. Make sure you check the order flow before you get in a position here
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The point of control level is $0.3005 very significant. Dating back to Algorand 's inception, this has been a key level of resistance/support. ALGO stopped nearly to the penny on the volume shelf at the bottom and bounced off it multiple times. Previously it was resistance, now it seems to have become support. ALGO seems to be running out of sellers. Soon the...
ETH long Support and resistance price action price channel break out range