XAGUSD on the 120-minute chart is at the top of the high volume area on the profile. This is a relative volume void above and a high volume area breakout is possible or even likely. The TTM squeeze indicator has just triggered. The Price Momentum and Relative Trend indicators appear bullish. I assert that spot silver is bullish right now and mining stocks...
The BTC has take the April's 20 POC, and the poc range POC. The price should'ent going lower and then we can expet a back to 67.000 Wait for a higher low for confirmation.
Below is a scenario for the price movement of DOGE. After an impulsive rise in the price chart from $0.08418 to $0.22721, which amounted to more than a 171% increase, resistance formed at the level of $0.22721. Under this level, the asset is trading on increased volumes. Currently, the asset is trading at $0.16156, exceeding the Point of Control level that the...
USO follows the futures prices of oil barrels. On this 30 minute chart, price falls have been rejected by the POC line of the volume profile and the Lux Algo Donchian channel has transitioned from downgoing to trending up. The dual TF RSI of Chris Moody now shows RSI holding above 50 in both the 15 min and 60 min TFs. Net distribution has bottomed out and...
USO while the middle east, the Houthi rebels and the Suez Canal shipping quagmire affect oil liquidity globally and prices at the pump continue to be volatile the federal government seeks contracts to restore the national strategic reserves depleted in the last supply demand challenge while the presidential and congressional election cycle starts warming...
after we miss the chance for long with rejection setup at 4H chart we can see clear chance for short with trend setup as shown on the chart also we have clear view for distribution level at 30 MIN chart with dally volume profile so far so good for short
SBUX of late has been in a descending channel and has sloped down heavily in April. It is now in deep undervalued and overbought territory at the bottom of the channel and above the 3rd lower VWAP band line. The RSI lines ( both faster and slower) are bearish as well. My trade plan is to watch Starbucks for a reversal which may be signaled by bullish...
COF is shown on 1 15 minute chart. The trade idea is to play the drop in a bank stock as a reaction to the sticky inflation report and the idea that a rate cut already baked into stock price is about to come off the table. This is a risky reversal trade. However, with risk comes reward. The idea is on the chart. I will take a long trade here anticipating a...
We are considering a scenario for the price movement of BNB. Since the beginning of 2023, there has been increased interest from buyers in the movement of the asset's prices. Confirmation of this is a sustainable upward trend accompanied by an increase in trading volumes. Volume profile analysis confirms the sustained interest of buyers within the current price...
As shown on the one-hour chart, in the last trading session, HPE broke out of its usual trading the range being the blue high-volume area on the profile. This is with increased volatility as shown by the indicator and the large top wicks on the rising green candles. Why did this occur? Were traders simply buying anything in the IT sector vaguely related...
CZOO shown on a reliable daily chart had an earnings report beating the estimates back in November whereprice action trended up then down in January followed by sideway action then finally a break out through VWAP band lines and the entirety of the high volume area of the profile. Ahead above is a volume void where price moved quickly coming down.. On the...
VSTE is on a 240 minute chart now with bullish momentum. The idea is highlighted on the chart. I am in this trade long and expect to swing trade it until the earnings report expected for June.
LVN entry in-between double distribution of the SP500 . This entry has a 2.51 RR potential with just 10 point SL and 103 points TP. Trade will be executed on both ESM24 and MESM24. Most ideal place for and early exit or TP1 would be the top of the VRVP If trade fails and price gaps down through the Low volume area, then the next potential good entry will be...
LCTX on the weekly chart here has been falling since late 2021 and found support at the bottom of the high volume area of the volume profile and ranged between it and the POC line for the past 18 months. The is a high end clinically active biotechnology firm using stem cells to produce therapeutic cell lines . ( One experiment using the mammary glands of...
We are considering the movements of the ETH price relative to the BTC price. On the chart of ETH movement relative to BTC, we can identify a specific range where the support level is at 0.04885 BTC, and the resistance level is at 0.08869 BTC. When the price reaches the support level at 0.04885 BTC, a confident bounce is observed, followed by further growth....
BBAI fell on an earnings miss on Thursday, March 7th. The downtrend of 30% was a slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors. Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart which is acting as resistance. the RSI lines are in the 30s-40s showing the price...
NASDAQ:ZS has been very "bearish" for almost month but we're still in a monthly uptrend. At the same time there are bearish exhaustion signs: weekly bearish upthrust has diminished, and value area has been overlapping for the last three days. This creates opportunity to capture possible short-squeeze. It is a high risk trade given the context but upside can be...
GOLD stop in critical point take care about your trading and tomorrow we have important news (CPI) now just watch