Litecoin BITFINEX:LTCUSD gave a Spike Manipulation Signal. I have been looking for trades over the last few days to short cryptocurrencies back to retest the low of the recent liquidation event which will be the first target. I'll hold a partial position for a break of the Liquidation Low.
A few minutes ago there was a Spike Manipulation that triggered stops above the last Rally High on BITFINEX:ETHUSD . This sets up a very low risk trade to short the rally back down to the 50% Retracement. 5 Minute trading timeframe:
Today's divergence between Ethereum BITFINEX:ETHUSDLONGS and Bitcoin BITFINEX:BTCUSD can be visualized in the price action of the cross pair BITFINEX:ETHBTC . Yesterday's price action took it to the 50% Retracement of the most recent bullish trend and Market Manipulation Spike signaled a rally off the level.
Today's FOMO volatility created many Spike Alert opportunities. Along with equities, crypto, and all other risk assets spiking to the bull side the inverse properties of the US Dollar came into play. The Spike pattern most in line with my strategy was found in FOREXCOM:USDCHF
Got a lower timeframe Spike Alert on BITFINEX:DOGEUSD from my Tradingview indicator that also happens at a 50% Retracement. This alert also reminded me to add this to my Discord integration. I would be targeting a retest of the liquidation low from days ago. Dog money may only have dog days from here...
Yesterday's close on NASDAQ:TLT broke the day's range causing many to think it was going lower. However, today's open reverses that sentiment by opening back above that short term range. Bonds are a very cyclically trending instrument (see below) and at some point the down move of the last few days was likely to reverse. This could be the setup with a low...
I admire folks that are willing to put their trading out there for comment and criticism. It takes a lot of emotional control to trade in isolation much less when under public scrutiny. Cathie Wood was the idol of the trading world last year and widely followed for her style of exciting and parabolic investing as well as her public charisma and confidence. ...
Following a spike low this week and a rocket off the fake out NASDAQ:DWAC is up bigly today. The jump rally created a good 50% Retracement Level that matched the top of the range. In all honesty... the chart pattern looks like a typical pump fail. However, most pumped stocks have their second life at some point with a relief rally. This could be it. I...
Looking at the GBPUSD monthly rejection point also known as support and resistance lines or memory. GBPUSD was currently on a weekly low and moved very rapidly to the south with a strong rejection at 1.32551. This could signify a change in trend or a continuation of previous support or resistance pattern, I'm risking 20 pips on this trade with a 2/1 R/R. 2% Per...
The market looks to be recovery today and the most interesting stocks to me were oil companies ( NYSE:XOM , NYSE:MRO , NYSE:COP ) which all exhibited morning open volatility spikes. The one I liked the most because it was at at 50% Retracement (see high timeframe below) is XOM so it fits my criteria for a long trade. I'll be looking for a retest of the last...
This Wednesday nearly every stock in my list is up. The market as a whole is doing a recovery today. I went to the Daily AMEX:SPY to see where price action stands and found that price action of the SPY is within a bearish spike that occurred on November 22. In any instrument this would be a signal albeit the statistics of the spike's clearance are sub...
iotx usdt analyse bace on spike strategy it is time fore sell position RRR>1
I've been patiently waiting on a setup to enter Kroger NYSE:KR for a while now. It is a fan favorite on my social media and I do nearly all my grocery shopping there. Yesterday I finally got a spike setup (Spike Alert with proper metric, at a 50% Retracement Level) that fit my criteria so I entered. While this is just another trade at the moment in the short...
Shib is almost done trading right. i am pretty bullish for a while. i see maybe .00021 targets in the near future, maybe higher like .00045
NASDAQ:CMCSA had earnings yesterday and the stock opened and spiked below the October low. It quickly recapture the range setting up a good spike opportunity. I like taking these sort of setups because earnings is a good catalyst to move a stock (in either direction) and also removes that unknown volatility factor that could disrupt an otherwise good trade. ...
There are a couple of technical analysis patterns that can help identify reversals – some are more important than others, but this morning we note this beauty: - The spike high on daily EUR/TRY chart The spike high on EUR/TRY, not only did it chart a spike high, but it reversed from a Fibonacci extension (1.618) AND we note the divergence of the daily RSI. All...
the market has went over our trendline which gives us confirmation for a clear buyy
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ During the Asian session on Thursday, gold experienced some selling, losing a portion of the previous day's big climb to the highest level in roughly a month. The XAU/USD,...