- Previous Day candle closed bearish . If we are looking for buys we will take on until daily resistance formed on 26 sep 05 and tp 2 on 30 may 24 - If we are looking for sells we take on until tp 02 dec 04 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-10% of our...
Based on the observed chart pattern, a Head and Shoulders formation appears to be developing. By integrating the Supply and Demand zones from the SMC (Smart Money Concepts) strategy, this setup indicates a strong potential for a selling opportunity at the current level. *Beware of unexpected news.
We have a bullish structure on the chart and also a head and shoulders can be seen at the bottom. By maintaining the demand range, it can move towards the supply side. The targets are clear on the chart. Closing a 4-hour candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without...
We have bullish iCHs on the chart. A resistance line has also been broken. By maintaining the demand area, it is expected to move towards the targets. I specified the targets on the chart. Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frame. H4 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is well into a Supply Zone area - Targeting between the 50.0% - 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.7180 -...
SOLUSDT SnD on 12HTF. Reversal from here will form a bullish confluence wit SnD. Breaking this zone will continue bearish untill next demand in 150zone
Hey guys! Found a setup I happen to really like that Carvana NYSE:CVNA has been forming this past few months. I generally would stay away from a company/stock like Carvana, as potentially bankrupt-bound companies are not what I like to trade. But I couldn't help but realize the Cup & Handle being formed on the weekly chart currently. Below are some highlights...
The current massive range lends us a sweet confluence area below where the 618 and 786 wrap the range Point of Control nicely. Lets see if we can retrace down to get a healthy bounce from here. Not ever financial advice.
The 4h range Point of Control looks like a good support level if we come down locally. I dont yet have a perspective on the DEGEN long term outlook as the market surfs. If we break below the rPOC then the VAL (value area low) is next to watch. Not Ever Financial Advice.
looking for support below at the marked areas of confluence. the breakers are marked by Supply/Demand volume. the bigger the number the better the support. The yearly vwap could be a great bounce. We shall see. Not Ever Financial Advice.
When you take a look at the chart, you can see that render has lost some buyers and has now flipped an important support into resistance. The area with the most volume, is the May POC. if we can bounce from that level, a 15% increase to the previous resistance can happen. Calculate Your Risk/Reward so you don't lose more than 1% of your account per...
This is Part 2 of the Weekly Forex Forecast. Click the link below for Part 1! In this video, we will cover: S&P500 NASDAQ DOW JONES GOLD SILVER WTI CRUDE OIL Enjoy! May profits be upon you.
momentum giving a sign of selling pressure, we might see correction levels to 58k or under until 50k .
The volume measures of now versus the past are at a height that is as high as when Bitcoin was at a previous all time high years ago. The main difference now versus then in case people have already forgotten is the fact that the halving means a difference in value for mining and the capacity to hold blocks, mine block, transact blocks. The current volumes are high...
Since I have decided to start selling covered calls on TSLA using the poor man's strategy for cash flow I need to update the weekly chart. I do not normally invest in TSLA but I am ok with the strategy I will list here. The rectangle is the weekly demand zone which we are currently riding. The fibs are set up from the all time swing high. -Buy 150$ Sept. 2025...
This is Part 1 of the Weekly Forex Forecast. Part 2 will follow! Look for it! In this video, we will cover: USD Index EUR GBP AUD CAD NZD CHF JPY Enjoy! May profits be upon you.
Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
AVALOX broke the daily lows and retreated towards a very cheap price. Partial entry can bring significant profit if a Breaker Block or Mitigation Block structures are formed.