Good morning traders and a happy weekend to you all!
Today I will just to a small update recapping on the posts through the week.
What did I say-stacked orders from retail traders are easy to see.
What happened? stops were swept and then orders were protected.
The market is fractal in nature and retail trader psychology is predictable, start looking past the...
I do not want to get into details about fundamentals etc we all saw wish quarterly results but with some much retail in this stock i was expecting a huge decline, the fact that retail investors all over the web are so pissed about wish and start panicking and exiting their positions is a + for me as i hold a long position.
Now there are some interesting things i...
IMO we are running an irregular/expended abc correction after the meme frenzy with wish. In combination with real meme stocks crush what I see is a lot of forced liquidations and retail exiting their positions due to lack of capital ( most of them all leveraged). Take also into consideration the massive options expiration this week.
Therefore I expect a massive...
What i like and i do not about Wish in the short-term
1. Insane volume vs market cap & free float
2. All retail has eyes on it
3. Upcoming correction in the markets?
4. 1 H&S taking place as we speak and one bigger one might take place couple of weeks from now
5. Weak hands needs to be shaken and if is there is a general market correction most of the retail on...
HOPING A SIDEWARDS MOVEMENTUM TODAY AS MARKET AS CONTINUOSLY FALLING AND RECOVERING AND IF EXPECTING A MOVEMENTUM IT CAN BE EXPECTING AFTER 2PM OTHERWISE NO CHANCE TO TRADE TODAY
NO TRADE TODAY IF I FIND SOME MOVEMENTUM TODAY I WILL UPDATE IT.
HOPE YOU EXITED EARLY AS I TOLD YOU YESTERDAY A GAP UP OPENING.
Goood morning ladies and gents,
EURNZD is poised to see higher prices today.
It will rally up to the area marked as the final TP over the next week.
Simple. There was a consolidation (range) condition prior to a break to the top side. This induced retailers to look for longs, anyone who went long would have their maximum stop below the low of the range....
If any of you are up for a gamble, this is a good play for a short position / long puts. AZO has had a monster rally and is starting to wind back to some pre-pandemic support levels I believe. Now this is a good company, but the stock will get caught up in a mess of short-term declines in the Retail Trade sector and this one has far to fall and a well-defined area...
What a day it has been yesterday! We can finally claim a victory in this rally. "Big sharks" and media will try to cover this surge as "Reddit malfunctioning for couple hours", but if you look at the volumes it's obvious that a significant amount of institutional shorts have been closed.
The retail market has been underestimated for so many years, but greedy...
"Trading is not gambling
It is the games against the system"
You have any hesitation above the chart
Have any glitch on the WANBTC days chart ? i hope traders can properly indentify my charting glitch !
WANBTC expectation is rights?
WANBTC will be gone moon !
#WANBTC Where will be arrived?
WANBTC BULL prive movement prediction ready i believe that...
EURUSD - H4
Sat comfortably above 1.21500 now, clear resistance turned to support. Hopefully we can gear up enough to break 1.21800 and realise our first TP target of 1.22200.
From here we would need to break and retest and we could consider 1.23... One step at a time.
Find H4 Swing HH and LL once market broke the HH without Sweept the Low or Sweept the Liquidity then wait for Recent H4 Swing High Broken
Find a POI ( Price of Intrest ) area. or Wait For H1 Time Frame H1 BOS and Find H1 OB.
Then Enter in a Trade.
I'd Like to share here H1 BOS View that how we can Enter.
Hit The Like Button to Support My Work.
This pattern first started once a week in November and has slowly developed into every other day, retail longs on the extended Euro Dollar have been pumping liquidity to short sellers. The following day usually has a nice pump and the lower lows and higher highs as the "uptrend" continues. Now that stimulus has passed I believe that more big sellers will begin to...
EURAUD H1 - This pair tried to bounce off support yesterday, but quickly round resistance at around 1:1.3, following protocol this would have been risk free. Still flirting between that 60 pip range, markets are fairly flat at the moment, looking for something to spice up today. Not masses on the economic calendar, but hopefully we can find something that moves...
GBPCHF H1 - Lower timeframe analysis on GBPCHF, double bottom on support, key support zone as indicated with the white horizontal line, this is the start of the 2 stage reversal! Those that have got the advanced course, keep an eye on this! This would effectively act as the confirmation for this setup for intraday trading.
YFI has gained x10 over the past few weeks. it just recently got added on Coinbase which is a home for most retail traders so it pumped EVEN MORE! and that happened after a short break! In my opinion, this market has to CALM DOWN! It's not like this can rise forever and the way it rose is NOT NORMAL. Many investors are eventually going to take their next step...