See my previous idea about the dollar index. Ha went on to forge this nice bull trend from the bottom and currently bouncing off of support level at 90.00 - 90.10 which seems like a good context for a higher low and maybe a bull leg targeting a measured move above 92.00.
Basic premise here is that this is a simple 1-2-3 wave that often marks the start of a bigger...
Looks like Elon up to his antics again.
Some Fast buying around low 5 cents to keep price action up.
However there does not see to be enough follow up to create more momentum. The volume from the spikes is good, but that only indicates a larger one time buy, and lacks the consistent buying and increasing volume we need.
We were still unable to break through the...
FX:EURGBP seems to be leaving the bearish channel. We can see multiple signals that confirm there's a possible trend reversal coming up, leaning to bullish:
1. The chart retested the strong support area around 0.8866
2. There's two higher lows (HL) a third one would me the confirmation even stronger
3. The chart is grinding the...
hi this is my daily supply and demand analysis.
I'll now move on to planning my trade(s) for the week. Once I'm done analyzing the weekly and daily charts.
I'm mostly bearish since the insane levels of bearish divergence (purple line on chart) I keep observing on those but Monday tends to be extreme and I never short on Tuesday.
Check out this nice pattern I'm seeing on the price and RSI chart dailys of NASDAQ:SIRI
Pretty simple just buy at the bottom and sell at the top and use the RSI to check for any breakouts and to confirm the reversals. Did this for the last oscillation and hope to use it though 1-2 more oscillations. (ie. the the patter will hold for a few more weeks) Looks...
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Strategy: BreakoutDowntrend Line and Gap Up
Bias: Bullish . After finding the support at 0.345, price gapped up and breakout the downtrend line today with high volume. If momentum continue we shall see it challenge its previous high resistance at 0.400 soon. If the resistance could breakthrough then we shall see the price at its another...
In the chart there is a yellow zone. Trend touch that zone several times, and reverse.
Now it's time to follow the trend if it's reverse or go down.
If candle close below the yellow zone, that's the confirmation to go down. Otherwise it will reverse.
Let's watch ,...............
BTC getting bullish again. ADA seem to still have some way to fall vs. BTC (when BTC pumps) base on the FUSIONGAPS price momentum and acceleration accelerators.
Looking at both Fib-retrace, trend lines, as well as LVDT (Lividitium) critical levels to select potential entry points and targets.
RSI looking bullish in (1D) chart, but bearish at shorter time-scale charts.
Appeared to find support at the 61.8% level of the specific fib-retrace drawn -- where I've used the 6195 USD level as the bottom instead (which was the level that was held in a long painful sideways trend before the massive dump around 14thNov18 all the way down to 3kUSD) and also where...
After the stock was sharply falling, the significant volume came out, - that's the first sign of the trend stalling. Then the reversal pattern appeared, which got confirmed by the big white candle that closed above January high (marked as bright green). I was a bit late as I didn't manage to catch the market closing, so I tried to get in at the opening on the...