In my previous chart (linked) I gave notice of IWM breaking down from its range. The upper gray line marks the lowest close of the sideways range, and the lower line marks the dip last January. There is a lot of air underneath. I took profits on the dip to 205 yesterday. Today I bought 18Feb puts again at the 208-209 resistance. Now looking at 198 break, then...
This is an update to previous chart (linked). I am looking at strikes between 250-280, 18Feb expiry. Price should drop into "buy zone" if cryptos crash (this week). The red dotted line is also marked on previous chart. I think buyers will rush in and move price back over the line, and I do not know if price will actually come all the way down into the buy...
$UTZ one of the few names in my WL that could hold its 50MA. base with inverse head and shoulder pattern. decent fundamentals but key for me now is price action of name that could hold a market sell down.
Daily time frame analysis on NZDUSD. Price action & key levels. Potential scenarios & trading recommendations. ❤️Please, support this idea with like and comment!❤️
AUD/USD just had a strong dump after breaking 4H structure to the upside. I see that as a pullback to an order bloc zone. The one I was looking at was a 5 minute bloc. Price held structure and wicked out on most timeframes after bouncing exactly off of the previous 5 min bloc. I got a late entry cuz I wasn't in front of my chart. But I still have a 20 pip...
the last few times vix has done this on the daily as spx sold off the week high was suddenly taken out, bullish divergence in rsi showed for uvxy as it beat the 1 of trend based fib extend, the vwma tucked under the price and began to rise as volume increased until the price hit the 2.618 right now the 2.618 is around $18.94 if we get over the week high right...
Hey traders, I finally bought EURUSD. The price reached a lower boundary of a demand zone that we spotted earlier and there is also found a strong zone of confluence based on 618/786 retracements of the last impulses. Growth is expected to 1.1385 / 1.143 ❤️Please, support this idea with like and comment!❤️
$FXLV still a position that i have yet to trim and size out. it is currently in a cluster of supports (rising 10/20MA, VWAP from high, and classical resistance turned support level). looking to add this further at $12.65. new IPO stocks (<1yr) tends to dictate its own movement
Stock has formed a VCP. Drifitng sideways around pivot and 21 EMA. RS rating of 70. Pivot buy at 1974. Publishing for my own reference. Not an investment advise.
With the recent weakness in the markets, $DIS has formed quite the large bear flag. If this breaks to the downside, that gap left at $128 is quite a long ways away...
Based on overnight futures action, we may experience a gap down tomorrow. The chart for $UPST looks awful with the stock losing many key levels of support. We're currently at our last level of support before huge downside. If we break through 106.5, it's extremely likely we see 91 over the coming days. Will enter a short in the morning if my thesis plays out.
The $SNAP chart looks horrifying. It's quickly approaching the downside gap, which is nearly 20% wide. Based on overnight futures action, this is a prime short candidate leading into tomorrow.
Stock has formed a good Cup & Handle base Supply volume has dried up Pivot buy at 191.3 SL at 182 Publishing for my own reference. Not an investment/trading advise.
Out of the 10 stocks in NSE:CNXIT index , NSE:LTI has 5.94% weightage. The stock is at a good support level and also in a trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 8000 in near weeks. IT sector view : looks bullish for next couple of weeks The trade seems in a good reward to...
3 days / daily / 4h time frame analysis on USDCHF. Price action, trend analysis & key levels. Trading recommendations & thoughts. ❤️Please, support this idea with like and comment!❤️
$UCTT supported on its ATH VWAP support with a cup and handle pattern. Friday's high volume ($50mil dollar vol vs $20mil avg dollar vol) strong close at +7.6%, exceeds its ATR of 4.74%. fundamentally strong company. what I dislike is that it doesn't trend cleanly on its 50MA
Tatva Chintan is currently trading on good support level and has tested it 3 times before making it a reliable level . overall trend is bullish but due to financial results it had a gap down opening which will act as a confirmation for bullish trade ( gap filling method) Targets 2800 and 3000 sl 2500
$NVDA is still following the downtrend formed shortly after reporting earnings two months ago. We're currently in a low volume zone, approaching resistance, with a large gap below. Traders beware.