Zcash should continute this uptrend up to resistance level and break it (most people say you would need a psychic that (will it break or no and for exact numbers and exact values in a given time period.). I disasgree !!! Strongly disagree. Zcash should break support level in a two days time (according to my calculations) and make a strong uptrend to 400. When...
imgur.com Ripple should make his next downtrend to support zone third time in a row and it will come back exponentially to previous prices 0.265-0.27$). There will be enough accumulation for big price spike in short time period. * Price buy in range 0.1913 $-0.1979 $ right after coin reaches support level . * Target over 0.26 $ (probably going over 0.27$...
Due to the strength of the signal, I decided to trade this one through the closest support and onto the next one down. Pull back happened and order filled. Now, it's either a 1X loss or a 2X win. Simple.
Chart explains the reasons behind the setup. Also closes below the 20SMA/Centre Bollinger band, which adds weight to the setup.
USDJPY came under some pressure on Friday. There may be more downside, but right now bears should beware. just below the swing low around 111.500 we have a spike base/demand zone. if we break below this level and demand is still there + shorts start taking some profits, we may get a nice pop higher. As always, will wait for price action after the break. A touch of...
$DMPI has several fundamental recent catalysts, by the time of writing this post it's gapping 40% with some volume. The stock has fallen about 65% YTD. I'm watching the stock for a spike today or within next few days. The trade Idea is to see it getting supported around 1.50 with volumes then breaking above 1.67, the targets might be 2, 2.20-2.30,2.50 ...
Facebook is breaking out with significant volume as news hit the market of much anticipated Messenger Ads finally going global.
Just a very basic and yet a little early to try to forecast what to expect in the next 11 days if the good volume and young trend keep up. Colors are odds.
in this long trend analysis you can see this strong and safe support, whenever broken, was followed by a decent increase of price, it just started and the variation was +1% in less then 10mins. Possible greater spike and possible all time high in mid-range.
Good Evening Traders, This is my analysis for AUDUSD Nonfarm Payroll release. I believe USD will strengthen tomorrow. I will not place any trades for tomorrow due to the fact how volatile its going to be. As you can see in the charts basic price action has occurred. We have a bearish trend, prices broke support and has turned into resistance. I placed a...
Hi all, I am currently looking on the daily USDJPY chart that have found support on 61,8 fib, have a bullish price action spike and looking for a structural break. If the dollar keeps staying strong against EUR and GBP this would be a good potential upside with first TP at 1.618(121)
$DAKT has spiked nearing the $10 level, looking for the short in the morning, I have a loose stop because it could pass through the 10 dollar area and spike into the resistance last year. but if it goes above 10.30 then I'm out, but I will build into a short with the 10.30 area being my exit point.
This ticker has been requested by a follower of mine, so I mapped out the current trend along with key resistance points. Trade safe!
NVDA is spiking extremely up. Almost reaching Max profit PT. Standard error of possible profit max target is the green rectangle. Possible setup for a short solely based on technical alone. Short at Profit Max or after reversal pattern develops. Further fundamental research may be need, forecast is subject to change.
NASDAQ: NFLX took a massive hit today dropping currently around 14.00. As for the future of NFLX, there are two possible scenarios that could unfold. The first scenario involves the idea of NFLX falling to 80.23 by July 22nd, with a rebound back to 85.00. On the other hand, the second scenario involves the idea that NFLX will rebound by tomorrow and spike to...
This is just a template of indies - all the legenadary Vdubus - to get a handle on trading rejection spikes. What the indies don't show are spikes that tried to live but failed so if you back test little reversals you'll get very good %: it isn't like this live . As always, you'd need to work with Price Action primarily but these indies can be very useful when...
Downtrend - S/L 0,76250, T/P 0.71500
Although I do not have access to a Market Profile indicator on TradingView , I've shaded in the areas (on a 30 minute bar chart) where I see two separate distributions from Friday's double distribution trend day selloff. If the market opens Monday in the lower distribution, I would look to enter a day trade short if price rallies to the high of this balance and...