BNB has just hit a long-time downward resistance trendline while drawing a bearish rising wedge in the process. We also have a mid-term resistance line crossing exactly at the touch point of the most recent candle, which is the crossing point of the two aforementioned resistance lines. This, for me, is a triple confluence of resistance. If I was in a long...
As per previous posts we have been bearish USDJPY, It's taken it's time to break out, but it's starting to work out, potential pullback to dashed line for further shorts and downside on this pair.
As per previous posts we have been bullish. This swing trade took a while to play out but it's getting there, taking some profits at these levels and leaving the rest to run risk free with stop at break even.
the price reach a good level as demand area also we have a good signal by VSA and MACD divergence which is matching with our weekend analysis with volume profile our targets levels and stop loss as shown on the chart
I would consider to BUY NCK if price manage to hold above $12.20 TP: 14.40 SL: $13.38 (7%)
Volume accumulating for a while now, lower side on the volume profile, price is also accumulating.
Today SPY has created a new upward trend today but with troubling signs of momentum. Volume is consistently going down for each period showing little conviction of the rally Broken below the support line twice. We should expect this rally to be short lived
HTF stoch mac rsi on weekly monthly and 3 month turning bullish, i see us having the momentum with the higher time frame moves to negate the fact weve had a long run and oversold up to the Daily time frame. Theres a lot of new interests, and true believers piling in. we have some heavy sell area above 195-up, bearish area, again im hoping and betting we go to...
The volume of trading in relation to your capital play an important role in emotional liabilities such greed and fear. Greed let you execute large volume with high risk Fear let you out of the market even when you have a clear setup and edge. The low volume of trading plan play an important role in attenuation of greed and fear gradually. With time you will find...
For those trading AAPL this week, earnings are this Thursday. I have supply at $146.60-$147.25, if we break above this zone I will look for a retest of this level to go long. I'm looking for $143.30-$144 to serve as our demand zone. Otherwise, there is a gap to fill to $141.87 on the 5m chart (not shown). Left Chart Indicators: 15 minute - 9 SMA: Yellow -...
I'm expecting a retest of supply around $407-$408.20. Otherwise, I'll be expecting a retest of the broken $403-$404 supply. If we start to reject and stay under this 2nd level, I'll be waiting for $400. If we can hold and break above $408.60 next week, I think the next stop is to retest $410, where we are likely to face some strong resistance. Left Chart...
ES1! SPX500USD 2023 JAN 29 Market presented scenario2 for Long with TP1 at 29pts & TP2 at 80pts. Supply observed on H4 and Daily TF. Supply may be back to defend their position. Scenario Planning: 1) Watch for H4 bar, possible scenario - if next H4 bar close higher but on narrow spread and lower vol, market may present a temporary short opportunity - if next...
YM1! US30USD DOW 2023 JAN 29 No trades taken for Dow last week as price stayed away from the boundary of the rotation zone. Market crawled up on declining volume, a sign of weakness. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789. - Long if supported at 32789-33037 - Short if rejected at...
Following on from our previous USDJPY posts. We are expecting a breakout to the downside this coming week.
A corrective rise is expected for the shaded area, and one of them will stop to drain again
It is expected to rise to the shaded area, including the beginning of a new discharge
Sudden buying volume, In a high demand zone, Ahead of it is a big gap of volume indicating big growth.