Are we close to end of current sell pressure? Probably yes ! When it ends? Lets Follow ! Nasdaq 100 Index is beautifully inside a parallel channe l and is reaching to base of channel one more time . Elliott wave count suggests that we are in wave iv correction. This correction may end at 15024 corresponding to 0.382 retracement of wave iii. There is a nice...
Evening Traders, Today’s analysis – NEUSDT – trading towards a technical trade location where a bounce is probable, Points to consider, - Price action corrective - Daily S/R Support - Swing High Objective - Low Volume - Trend ONEUSDT’s immediate price action is trading towards a trade location that has technical confluence with the .618 Fibonacci and...
Evening Traders, Today’s analysis – EURNZD – trading towards a technical trade location where a bounce is probable, Points to consider, - Price Action Corrective - .618 Fibonacci Support - POC S/R Support - VWAP S/R Support - Swing High Objective EURNZD’s immediate price action is corrective and is trading towards a technical trade location that has...
We have seen a very nice rise with ADAUSD since the 11th Jan with increasing Volume on this Binance 1d chart. The only issue at the moment is that BTC is dragging everything down with it so ADA is having trouble maintaining its rise at the moment. ADA is above its Bollinger Bands Middle Band Basis 20 Period SMA and note that we have expansion of the Upper and...
Evening Traders, Today’s analysis – AUDUSD – price action is trading towards a key trade location where a reversal is probable, Points to consider, - Price Action Impulsive - Local S/R Support - .618 Fibonacci Confluence - Low Volume - Trend AUDUSD’s immediate price action is trading impulsive and is trading at a trade location that is in confluence...
Evening Traders, Today’s analysis – USDCHF – trading at a potential double bottom formation where a bounce is probable, Points to consider, - Price Action Corrective - Double Bottom Support - Structural S/R Resistance - RSI Oversold USDCHF’s immediate price action is trading at a key location that has equal lows, allowing for a bullish bias. The...
Evening Traders, Today’s analysis – NEARUSDT- trading in a potential Elliot Wave where a correction is probable, Points to consider, - Price Action Impulsive - Wave 5 Completion - ABC Correction - Low Volume - RSI Bullish Control NEARUSDT’s immediate price action is trading in an Elliot Wave structure completing a potential WAVE 5 for an ABC Correction....
Evening Traders, Today’s analysis – SOLUSDT – trading towards a key trade location where a bounce is probable, Points to consider, - Price Action Impulsive - Local S/R Support (.618 Fibonacci Confluence) - Low Volume - RSI Bullish Control Zone SOLUSDT’s immediate price action is impulsive and is trading towards its Local S/R that has technical...
Evening Traders, Today’s analysis – SENATE – trading at a key trade location where an impulse to the highs is probable, Points to consider, - Price Action Corrective - Range High Support - Swing High Objective - Low Volume SENATE’s immediate price action is trading at the Range High that is in confluence with the VWAP S/R and the .618 Fiboancci, allowing...
Evening Traders, Today’s analysis – EGLDUSDT – trading at a key technical location where a bounce is probable, Points to consider, - Price Action Impulsive - .618 Fibonacci Support - VWAP S/R Support - Low Volume EGLUSDT’s immediate price action is contracting on a key support level that has technical confluence with the .618 Fibonacci and the VWAP,...
Evening Traders, Today’s analysis – SHIBUSDT – reclaiming its range, a retest of support will allow for a long entry with defined risk. Points to consider, - Immediate trend bullish (consecutive higher lows) - Range support confluence (.618 Fibonacci) - Range resistance target - Oscillator neutral - Volume below average - Long retest (risk...
Evening Traders, Today’s analysis – GALABTC – trading at a technical location where as bouncer is probable, Points to consider, - Price Action Corrective - .618 Fibonacci Support - Range High Objective - Low Volume - POC Resistance GALABTC’s immediate price action is corrective and is trading in an equilibrium where a breakout is probable, allowing for a...
Evening Traders, Today’s analysis – SOLBTC – trading at a range high where a rotation towards the downside is probable for a long play, Points to consider, - Price Action Impulse - Weekly S/R Resistance - Daily S/R Support - Low Volume SOLDBTC’s immediate price action is impulse and is trading at a key weekly resistance, thus a rejection is probable to...
Evening traders, Today’s analysis – TLMUSDT – trading towards a key level of support where a bounce is probable, Points to consider, - Price Action Corrective - Local S/R Support (.618 Fibonacci Confluence ) - Swing High Objective - Low Volume TLMUSDT’s immediate price action is corrective and is trading towards a technical trade location that has...
Evening Traders, Today’s Analysis – SFPUSDT – trading with a potential trend trade if current support holds. Points to consider, - Price Action Corrective - Local S/R Support - Swing High Objective - Low Volume SFPUSDT’s immediate price action is corrective and is trading at a trade location that has technical confluence with the current 200 MA,...
Evening Traders, Today’s analysis – IOTAIUSDT- trading at a local resistance where a pull back into support is probable, Points to consider, - Price Action Impulsive - Daily S/R Support - Low Volume - RSI Neutral IOTAUSDT’s immediate price action is impulsive, a corrective into the Daily Support allows for a bullish entry. The current volume profile is...
Evening Traders, Today’s analysis – LITUSD – trading in a local down trend where follow through is probable, Points to consider, - Price Action corrective - Local OB S/R Resistance - Daily S/R Support - RSI Divergence LITUSD’s immediate price action is corrective and is trading under a Local OB allowing for a bearish bias. The Daily S/R is the...
Evening Traders, Today’s analysis – BTCUSD – trading in a local channel where a run of the lows is probable, Points to consider, - Price Action Corrective - .618 Fibonacci Support - Channel low Support - Low Volume BTCUSD’s immediate price action is corrective and is approaching an area that has technical confluence with the .618 Fibonacci and Channel...