BOIL on the 2H chart has bottomed and begun the reversal as this leveraged natural gas fund sees a red to green in the HA candles as well as the volume. Price has crossedover the POC line of the long-term volume profile and exploded from a Doji candle below the mean anchored VWAP with consecutive engulfing bullish candles. The Luxalgo AI predictive indicator...
On the 15 minute chart- the AUDNZD pair is shown to have encountered overhead horizontal resistance by the Luxalgo indicator. It has been unable to get above the 2nd standard deviaion line of the anchored VWAP and deflected downward. Price is now below the POC line of the multisession volume profile. Overall, bearish bias is on the chart as confirmed by the...
NIO has earnings coming up at a good time when the China ecomony is recovering from the lockdown and holding interest rates down to support economic expansion. NIO is also very busy selling their EVs in Scandinavia. On the one-hour chart, NIO has risen above the demand/ support zone and seems to be retracing the recent downtrend. The indicator shows...
KBE on the one-hour chart has been in a rising parallel channel for a month. It is now near the the top of the channel having pivoted within the past few trading sessions. The MACD which is no lag shows a line cross above the histogram while the RSI is topped out as it was on May 23rd the most recent previous pivot downward. I see this as a short setup. The...
Oil prices are trading quite erratically on the daily chart, making it a much less appealing market to trade on that timeframe. But that doesn't mean we cannot find potential inflection points at the intraday level. Monday's opening gap has been filled, and earlier losses on Tuesday were fully recouped to print a bullish pinbar on the daily chart which found...
It is possible that we are in a downward wave 4, and it has been moving horizontally for a long time, and all of this is a drain for the next drop in the shaded area. Note.. The scenario fails if it closes higher than the area 9.7 usdt
Please pay attention to the current areas, because they are considered areas of discharge with distinction, as it is clear that he wanted to test them many times and could not break them upwards, in addition to that he walks sideways for a very long time inside the body of the specific candle
It is clear that it is walking in a transverse direction for a long period, and this transverse direction came after a large discharge, and this indicates that the transverse direction is also for discharge and not for aggregation, and another severe decline is expected for it to end its downward cycle
This red candle referred to by the arrow is a candle whose body is very small and does not have any volume. This means that it is a test candle for sellers and it succeeded. There are no sellers in this area. This means that the market maker will raise prices in the next two candles and start rising because he has ensured that there is nothing that hinders the...
It is still working on the previous analysis, nothing new is mentioned except that it ends the corrective fourth wave, then completes the decline in a fifth wave
Five waves of the rise of wave A were achieved, then three corrections of wave B, and then five waves of the rise of wave C. From my point of view, the corrective rise has ended
Breakout above psychological Resistanve level of 400 . Now buy between 400 to 405 . SL below 400 daily close. It will be better to buy it on monday in last hour to make sure it sustain above 400 level.
Hello Guys, Hope you are doing fine. ADA is making a bearish head and shoulder pattern We wait for the break-down of the neck-line with high volume for aggressive entry or if with low volume then a conservative entry on retest of the neck-line. If you like the idea then don't forget to hit the like button and follow for more easy trading setups. Post your...
XETR:DAX - Germany's Most Wanted surtopping its ATH over 16'400 became unlikely as EU enters recession, now that China is on the brim of a recession and Beijing issues stimulus, and the U.S. is expected to turn to a landing, whether hard or soft. This chart shows a best case scenario for the DAX in a cooling world economy: a correction to the Moving Average 200.
It is expected to drop to the shaded area, thus completing the formation of the final bottom
It is supposed to rise in three corrective waves to the specified areas, and then drain to fall strongly again
we see GOLD AND EUR, BOTH pushed up this morning open new york. we caught some PIPS
Has had a decent run but it may fall into low volume to retest 1.20, then possibly back to 1.50