On the monthly chart, the price reached the liquidity area and then closed above it, indicating a successful liquidity grab. Risk/Reward Ratio 2.86, the nearest profit level - 6.98 (+115% from current price). Scenario cancellation - if the price reaches 1.85. I have grabbed 1470 shares by 3.4091 for my investor *The analysis is purely the author's subjective...
This is the third scenario - pa along the trendline. Hasn't bounced nor broken out - we keep monitoring it. So far all shows it's gonna head down.
But it is at resistance once again. The curve channel formed tends to break to the upside, therefore a revisit of 3900 area is in the game - although I stick to the white trajectory drawn - if it doesn't go above $3900 Cheers
VIX is consolidating at very high levels - bounced off of the double top neck - possibly will plan to fill the weekend gap now - If we break to the downside - then 2008's scenario is still in the game and we revisit double top's target. If we keep going uip and break that htf and ltf curve - we head into unknown territory with sky being the limit.
$BABA overall indicates a bearish momentum on the daily chart. Though it has formed a downward wedge, it still has time to continue to fall before change of momentum to bullish. Question is, how far will it go before a turnaround to the upside. On Trendsi Indicators; Overall momentum is showing bearish, with red EMA (middle band), money momentum (white line)...
we have a clear uptrend on the daily we also have great fundamentals concerning inflation and the fed, for now we are bullish until we get to 32500 where we will turn around bearish violently!
Hello,Traders! SPY broke out of the falling wedge After it retested the horizontal support So now there is a high probability Of seeing a move up on SPY Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Amazon broke out of its channel on Friday, stock has the potential up to $124 per share over the next week. Disclaimer: Stratford Research newsletters reflect the research and opinions of only the authors who are associated persons of Stratford Consulting Ltd. The newsletters are for informational and entertainment purposes only and are not a recommendation of...
Whereas September proved to be one of the worst months in the history of equities markets, the volatility and ongoing uncertainty October has delivered thus far has been little reprieve. One outperformer amidst all of the red is Hub Security (TASE: HUB), a confidential computing and cyber security disruptor that is going public on NASDAQ via SPAC merger with RNER...
Hello,Traders! TESLA went down and hit A horizontal support now So despite my mixed bias I think we might see A local rebound Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
short looks good . its time for a retrace and stocks soon will follow crypto
Timeline of major events of the Great Depression in the year 1929 overlaid with the Dow Jones Industrial Average
Rejected perfectly from .786 and closed below .5 after a retest. Seems pretty bearish to me. Divergences all over, JAPAN, INDIA, UK etc dumping their dollar reseves. I think DXY is going down for upcoming weeks atleast
Technical Analysis and Outlook Currently, in the S&P 500 market, we have tremendous volatility both ways . . . traders/investors are losing both ways. The longs get stopped on the downside, and the shorts get stopped on the upside. What we got is that the whole floor gives way. Pay attention to the critical data presented here. The upside target is marked at Mean...
The Dow Jones Industrial Average has the September high in focus after a Bullish Engulfing candlestick pierced prompted prices to pierce above trendline resistance. An advancing RSI suggests healthy momentum, putting a bullish lean on upcoming price action.
Scalped this am hit targets under 210. Upon seeing the strength at eod i also picked several more for next week exp. Please feel free to express any thoughts.
✅S&P500 was trading in a falling channel But now we are seeing a bullish breakout So I am locally bullish biased And I think that the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hey traders, in today's trading session we are monitoring US30 for a selling opportunity around 30900 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.