- Daily timeframe: expects to rejecting Demand zone. - 1h timeframe: Bullish divergence RSI.
Nasdaq Weekly Forecast Analysis 3-7 Oct 2022 We can see that currently the volatility is around 4.84% for this week, decrising from the 5.06% from the last week. Currently there is around 23.6% that the asset is going to close either above or below the channel: TOP 11600 BOT 10470 The current volatility percentile is around 89th, placing us in a very risking and...
SP500 Weekly Forecast Analysis 3-7 Oct 2022 We can see that currently the volatility is around 4.38% for this week, decrising from the 4.58% from the last week. Currently there is around 24.3% that the asset is going to close either above or below the channel: TOP 3757 BOT 3430 The current volatility percentile is around 89th, placing us in a very risking and...
Adani Ports is travelling in sideways market for a long period. Now it is travelling from bottom to sideways top. whenever we see a correction, then it is a buying opportunity for short term.
INDIAN OIL CORPORATION is a good stock to buy if we can hold it for 3 to 6 months. We can maintain the targets from Target-1 to Sideways Top, it is better to keep the stop-loss below sideways bottom, trail stop loss when the market moves upwards.
LUNC's monetum and price structure indicates a potential bullish wave in a large sideways trend.
USDJPY Timeframe: 1 hour Short Day Trading Position Take Profit @ 143.633 SL: 144.203 (continue the bullish trend) The pair was in a sideway tunnel for a week, and broke the tunnel up yesterday. But because of the long wick few candles before, it is more likely to go back down for a correction to the last tunnel support that has broke it up recently, which is our...
When you compare Total Altcoin market cap (Crypto market cap excluding BTC) side by side, you can see that when BTC dominance (BTC.D) falls is usually when alt season happens. When BTC.D goes sideways, altcoins tent to do the same or even consolidate for a while, like we've seen for the last year or so. An a chart altseasn is marked in green,...
9 days in a row coiling sideways and tight puts Bitcoin on short-term breakout watch for some volatility expansion. In the coming days I'll be looking for a definitive breakdown of this range below 19,500 in the direction of the primary trend, or a counter-trend breakout over 20,500 to see if bulls can reverse the bleeding.
In addition to the triangular pattern in the 15-minute time frame, we see a trading zone in the one-hour time frame where we expect the falling price to the bottom of the channel.
• After failing to hit the 0.9900 lower low, the EUR/USD spiked higher. It has encountered resistance after climbing as high as 1.0018. • False breakouts through the downtrend line could bring new short opportunities. The immediate downside barrier is 0.9900. After the US data dump, EUR/USD may experience abrupt movements in either direction. • "Keep it Simple",...
I expect the price to retrace to at least $1450 again before take off. Although when we reach $1450 we could see a continuation of a drop in price. If we break $1620 we could see a surge in volume and the price sky rocket up. But for now we know the price hasn’t been able to break $1620 yet, it is moving sideways and if it inches above that price we will keep an...
If price break to news highs, could see a quick move towards $350 (at least) Very defined Support as well, if price comes back down to support and rejects, could be also a trade idea. Adding alerts both at support and resistance
We're still expecting the next move on EURUSD. The sideways trading is still on and we can actually see price now creating lower highs and higher lows. We won't enter before we have a clear direction. There is still a higher chance to see price breaking below the support. The earlies entry could be made on rejection of the resistance, so watch out for that.
After hitting the low on 11 May, U traded in a sideway range between 32-48 for almost 3 months now, forming a possible base. The higher volume during this period suggest there could be some accumulation going on. However with earnings expected out tomorrow, there is a always risk of a nasty surprise. Hence to be conservative, wait for results to be out. Should...
Nice consolidation on GOOGL. Having a hard time to break above 120 and have good support at 100. A break above or below those levels could trigger a great move either direction
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/NZD Buy. Enjoy the day all. Cheers. Jim
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Buy. Enjoy the day all. Cheers. Jim