disney coming back down to the 3M VAL, with liquidity resting just below.
more importantly the 1Y rsi is now approaching the 50 midway (ultimate buy zone for disney)
...as bad as it looks, as long as the $80 area holds then we should see some respite
The 17 - 20 august drop fits nicely in the currently developing PA, and takes us right back to june-july range lows.
The Volume Profile would suggest that such a move is not implausible. In fact, the Volume Profile favors it (see my previously posted idea).
That said, it is almost *too* fitting. Still, a nice idea to play around with.
So the weekend has finally come to an end, and we can see there's not much altcoin flied far. Now Bitcoin has come to a consolidation phase.
Not pretty sure how it go, so flat now. But I did check the chart of FTT. It seems that pretty good if we reach the lower part inside the range. Look forward to going to the range high if we made a bounce down below....
i was shared in my telegram before that we'll hit around 0,99236 and we need one more stop to drop there and we'll bounce to other monthly box. i love this game. and bull is there...
Under Armor, a stock I have been watching closely.
Multi-year falling wedge breakout and retest. Volume is screaming capitulation coming into 07 high of $9.28.
RSI on the macro TF'S are oversold so I am very interested.
Trading at a lower P/E ratio than peers in the sports brand sector.
10 SMA tracking sideways indicates a sideways moving market and we are...
Evening Traders,
Today’s analysis – NZDCHF- deviating back to range low where support is probable,
Points to consider,
- Price Action Impulsive
- Range Low Support
(.382 Fibonacci Confluence)
- 21 EMA Resistance
- RSI Bullish Control Zone
- Stochastic Buy Cross
NZDCHF’s immediate price action is trading towards Local S/R that has technical confluence...
Evening Traders,
Today’s Analysis – NZDCHF- finding range high as resistance, a reversion to range-mid is probable,
Points to consider,
- Price Action Impulsive
- Mid-Range Support (.382 Fibonacci Confluence)
- 21 EMA Dynamic Support
- Range High Resistance
- Below Average Volume
NZDCHF’s immediate price action is impulsive above Range Low; a retrace is...
Evening Traders,
Today’s analysis – THETAUSDT – breaking Dynamic S/R, failure to close back above is bearish.
Points to consider,
- Price Action Pivot
- Range Low Support Confluence
- Dynamic S/R Resistance
- Oscillators Neutral
- Declining Volume
THETAUSDT’s immediate price action is below 21 MA and Dynamic Support; this allows us to have a bearish...
Evening Traders,
Today’s Analysis – GBPUSD- deviating back into local range with range low being the target,
Points to consider,
- Price Action Impulse
- Rang Mid Support
- Range Low Target
- Oscillators Extended
- Volume Influx
GBPUSD’s immediate price action has confirmed a bearish retest; this allows us to have a bearish bias.
The local range mid is...
Evening Traders,
Today’s analysis – GBPUSD- breaking back into range, currently testing range mid, a pull back into range low is probable.
Points to consider,
- Price Action Impulse
- Range Low Support (Technical Confluence)
- Range High Target
- Oscillators Neutral
- Low Volume
GBPUSD’s immediate price action is impulsive, follow through will allow us...
Evening Traders,
Today’s analysis – TSLA- swing high back into range, price action is currently bearish under range high.
Points to consider
- Bearish impulse break
- Range low support
- Range high resistance (bearish retest)
- Stochastics sell cross
- .618 Fibonacci
TSLA’s bearish impulse back into range allows us to have a bearish bias on the market....
EUR/USD update: I am writing about this market in particular because I called a long swing trade yesterday evening that got stopped out. Those of you who are on S.C. most likely saw the signal in your email. Unlike others, we embrace losses and learn from them. In this report I am going to highlight one idea that would have been better for this situation.
The...
GBPUSD update: Price has broken below the nearest reversal zone boundary at 1.3988 and closed weak. It has also shifted the bullish trend line which means it is best to avoid this market until it stabilizes in the near term.
Trend lines serve as a visual guide for potential reversal levels in the future. When a trend line is broken and needs to be adjusted, it...
BTCUSD update: Price retests 11600 range low area in a dramatic bearish move, which in my opinion is an attractive area to look for position trade longs because this is where the weak hands are shaken out.
The 11600 area is a key level because it has been bought up from that point since mid December which makes it a significant range low. It is also just above...
