SQQQ trended down the last two days of last week and especially Friday as the technology stocks surged Yesterday had price consolidation and generally less trading volumes. I believe that SQQQ will bounce at this level. It is supported by a cross above the POC line of the volume profile. Under that line is the stop loss while the target is 17.95 at...
4015 **Bullish Points:** Price at significant support level (Volume profile) confluence with 78% fib level Bullish divergence is observed Small entry can be taken now (Aggressive) Further entry can be taken after descending channel breakout, or at next support level 118.6 (DCA strategy) **Bearish Points:** Price is moving in downtrend, series of LH/LL H&S pattern...
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.
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
we expect the price gone down with correction to reach our setup the accumulation setup following the trend as shown on the chart the level is very important for long just follow my instructions for mange the trade price move 20 pips in profit breakeven price hit the sl 40 pips than reversal setup target is 100 pips
I applied the fixed range volume profile tool to the history of XRPBTC pair on Bittrex on a weekly timeframe. It shows a very well defined clear level of support and resistance formed by the POC. This has to be the most bullish chart out there. No doubt once XRPBTC breaks out of this zone, it will significantly outperform BTC. This is a regular scale /...
Divergent monetary policies between the Fed and BOJ have allowed USD/JPY to extend its bullish trend on the daily chart. Whilst the Fed are very close to their terminal rate, they have to keep the threat of further hikes on the table to tame inflation expectations. When coupled with the ultra-easy policies of the BOJ, we've seen USD/JPY return to its cycle highs....
NRP is an energy stock. Shown on a 15-minute chart it appears to have a reversal pattern. The mass index indicator's value has risen above 27 and is about to trigger with a fall under 26.5. The normalized MACD shows a cross of the MACD and signal line well below the zero line. The 28 period linear regression line has given a buy signal below the last candle. ...
According to my wave count, BTCUSDT is finishing an 5th wave expanded in an ending diagonal to complete wave 5 of the actual bearish impulsive wave of this cyclical bear market.
GOSS is a biotechnology penny stock without earnings valued based on future earnings potential based on a "pipeline" which is subject to a long timeline of FDA regulation. On the 30 minute chart. price is shown as being in the overvalued area in the upper VWAP band and well above the POC line of the long-range volume profile. The RSI indicator is now...
Price action tends to interact with AVWAP in confluence to the pending retest @ resistance. Fisher Transform oscillator on H4 suggesting the trajectory in time. An extensive wave inner impulsive bearish wave (iii) expected till local demand.
(The Volume Profiles Yearly POC is an important level for Bitcoin trading that you should look into .) Bitcoin made a nice upwards move after successfully retesting the Yearly POC from 2022. Our indicators are not heavily overbought yet so there's still room for some more upwards price action . If Bitcoin manages to take out the high at 32.5k this...
📍 In trading, volume refers to the number of shares or contracts that are traded within a specific period of time. It is a key technical indicator used by traders and investors to analyze the strength and direction of price movements in the financial markets. The volume of a security can be used to confirm trends, indicate potential reversals, and identify areas...
Make some quick money. in and out in a short amount of time. Good Friday has the market moving randomly
We are waiting for the price to return to the zone of strong market buyer profile. The zone will be protected at all costs. We only consider the first approach to the zone with a sharp rebound as a reaction. Open a long position from the target range of 4.628 - 5.0.
The chart shows HOG to have reversed above its intermediate-term support. Price is just below the near-term POC line of the volume profile and 30 % below the intermediate-term POC line where increased volatility could result in a rejection bounce or alternatively a push higher into the low-volume area above. The zero-lag MACD shows the lines crossed under the...
Following up on my idea yesterday Look at that~! Set up was BEAUTIFUL yesterday with shorts and bears over extended. And where do they find liquidity after the highs are broken? Nowhere but above 4011.
AUDUSD pair successfully broke below the wedge pattern as I mentioned in the previous analysis. However, it seems that more liquidity is needed to support the downward movement. It's likely that the price will undergo a corrective movement towards the level of 0.6680, which is a very important level where the broken trendline, Fibonacci level 23.60, and the moving...