Hello #letsdothis
Last week I had done premarket analysis but the price was completely against my bias...
This new week I'm seeing price is still bullish according to the weekly close candlestick and ofcourse due to price closing at a Resistance it's time sellers to get in.who knows price can still shoot all the way up but it should atleast retest(Fibonacci...
The price got a rejection from the M's neckline as I told on the previous analysis exactly on 2830$. On the daily timeframe, the price is still inside a descending channel above an important support 2400$.
The market printed a double top on 3250$.
On the lower timeframe, the price is testing the 0.618 Fibonacci level as new support after the breakout from the...
USDJPY – Bullish Fakey Setup Triggers | 2-27-2022
Price Action: Price formed a Bullish Pin Bar Signal just above the 114.69 – 115.05 short-term support area, late last week.
Price briefly moved higher from the recent Bullish Fakey Setup + Long Tailed Bar that had formed just above the 114.69 – 115.05 short-term support area, late last week.
Potential Trade...
Good Morning Traders, Market to me seems to be in a consolidation. Eventhough in the weekly we can be looking at NASDAQ towards bearish sentiment. If market breaks below 14492.5 i will catch the pullback and enter to my 1hr low which is 14374.2. If it breaks above 14631.5 ill buy on the pullback to 14631.5 and exit around the hourly high marked up on my chart...
I will be discussing this further when I goLive Thursday July 29 @ 3pm EST
Check out the related idea for some insight on Smooth Love Potion: SLPUSD
I am wishing you peace, love, and a good life.
I have looked over several charts tonight, taking a look specifically for Tickers on the Weekly with a green upweek this week.
Coincidentally I had the 200 MA turned on and started noticing how Price on a lot of things really on their Weekly charts have had this problem. A problem of being stuck underneath the 200 MA for quite some time now.
What is beginning to...
We are ready to catch perfect chances ! Keep PGNY on watch my friends.
PGNY has started a continuous progress from it's IPO and completed waves 1, 2 and 3 of a possible 5 up going waves cycle so far. It means that we are able to catch a new up going wave 5 after a possible correction of wave 4. These explanations are shown on the chart.
Correction may end at...
As you can see, the short term Elliott Waves build into the larger Elliott Waves. Using this method I predict that TRCH is still bullish and will extend into the range of $8.11-9.24 .
Now I have considered the fact that this could just be a double top or h&s. However, my intuition tells me that with Institutions (15%) and Insiders (20%) owning a combined total...
prevailing scenario
wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave iii over 1.2151 (fib 1.618 wave i ext - losing momentum)
wave iv unfolding (expeted sideways - test 1.2114 area)
ALT: continuation of wave (ii)
subminuette correction abc if motive i-v fails
critical price area
previus daily close 1.2145
PP...
Hi guys ;
ON this pair, we are waiting for breaking down.If the price breaks down the retrace channel, we can expect the price will rise for another descending impulse.
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Historically. every pivot point on the yearly has been tested. Every monthly last year. and over 90% of the weekly
Algos behave as if they are magnets until tested once their timeframes lock them in. and then opposing magnets once tested and held. so they can be points to trade towards. or points to buy dips or short rips on once tested.
every monthly pivot this year has been tested. all BTC yearly as well. weekly coming in at 22k monthly at 21500. yearly at 16k area. this. weekend could pump. but as these new pivots appear and are untested.. they will be algo magnets for price action. they will hit as they usually do. from where is hard but could maybe use camarilla monthly H4 to manage...
Look how aligned these extensions are from the current short term pullback were having with the retracements of the $3000+ dump we just had.
If this doesn't come through I will be disapointed 🤣
This mf needs to dump already its useless, xrp is ready to take over.
So far the DXY traded above the previous yellow line that I had marked up in the analysis that is connected to this analysis. It retraced into the weekly price (red line) but didn't trade above it so im still bearish on the Dollar. As of now I would like to see the market retrace into this order block and continue bearish to take out the low that was formed...
