SDOW has leveled off at a near-term bottom after a downtrend as confirmed by bullish divergence on the RSI and MACD while the price went sideways in consolidation. Volatility has contracted as have trading volumes. I see this as a buying opportunity with a stop loss of 20.5 below the low pivot in consolidation and the first target at 22 underneath a...
DIA tracking the DOW widely in an ETF format on the two hour chart had a 7% rise in the past month which was widely followed in the investment media. I believe that it was a bull trap. In the past week price action has been sideways while the Stochastic RSI shows bearish divergence as does the zero lag MACD. Tradign Volumes has fallen off since burst of...
Several months consolidation followed by a breakout on volume. Entry: 2213 Target: 2463 Stop: 2142, or if it starts accepting below 2191, will cut the trade
1. Pantech price maintain above EMA 100, EMA 50, and EMA 20 suggesting a bullish trend in the mid to long term. 2. Price has showed weak momentum compared to the KLCI index in past month signaling retracement mode but enable to form base above EMA50. 3. Any breakout above price, 0.885sen consider as buy breakout signal
Gold went for a wild ride on Monday. Aggressive selling was seen all the way from 1980-2140 which suggests that Gold is in the distribution phase and it's next move will be to the downside.
ESGL on the daily chart is showing a VWAP band breakout from the lower bands to the upper bands and had a huge day with after-hours follow through. On the 15 minute chart, a high tight flag is seen with price in consolidation in a pennant ( symmetrical triangle) in the after-hours and corresponding extreme relative volume denoted by blue histogram bars well...
1) good news for the stock 2) Stocks reacting on news 3) news and pattern breakout beauty ful combination 4) run a wide gap up in cahrt 5) Volume-supporting chart go upside move
If we look at the chart on a weekly timeframe, we can see the accumulation going on for the past few week and there is not much price movement, the volume is even greater that it was when it was trading on it's all time high.
Resistance 2215 / 2315 /2479 Support 2075 RSI above 60 D /W /M EMA in Rane 20/50/100/200 Volume Growth
If price can't hold the value are high it currently is, with bearish signs on market cipher, then it is more probable than not that price will come down to the value area low. If this is the case then I will look to enter at the 0.786 which is confluence with a high volume node of the local range making it an ideal place to look for bullish signs on market...
Introduction I have been waiting to do this idea for over a year and it seems that the moment is finally pregnant. When I saw the W pattern I did some testing and concluded that the 1.618 would be a likely target. If the situation became properly bearish the reversal could possible take out the low of the W. Many harmonic and cypher patterns, upon reaching...
Simple analysis With SMC & Trands I see that the price continues to go down from order block or also from imbaalnce have a good luck Leave a comment below if you have a different point of view or motivation to do better
USAU has been in an ascending channel on the 30-minute chart with the rise in spot and future gold prices. With earnings coming in the next day, price broke out of the channel the top line of which is now supported albeit without a retest. The relative volume indicator shows in 3-4X volume surge in the past week while the RSI level is now up from 50 to...
My short-term thought for BTC is unchanged: An accumulation is on going (bullish). However, compared to the previous analysis (see in the link below), my view changes a bit, due to the latest move of BTC. In my opinion, BTC prices are moving in a rising wedge. When looking at the Volume profile, we see that the trading volume is supporting the prices to go...
Here QQQ is shown on a 15-minute NASDAQ:QQQ chart. I have set up and executed a call option on QQQ. This is a recap. The first thing is to plan for the entry area. To do this I set a fixed range for the volume profile for a couple of days before the trade. Since the trade was on Friday, December 1st, the volume profile began on Wednesday the 29th of...
On the highly reliable weekly chart, price was under the Ichimoku cloud since April 2022 putting in a couple of bear flags on the way down while first getting support two standard deviations below the mean anchored VWAP and then one standard deviation showing increasing strength finally crossing above the mean VWAP in May then with a retest and bounce in...
Mixed feelings on this one. Going against the grain.. Indicators show it running out of juice but I think we're still in the game. Momentum is clearly in a capitulation period. Volume has dwindled which is a good sign. I'm already in, so I'll see how it plays out. If it breaks above my break-even line, I'll be a one lucky camper 'cause I'll ride that 🌊 like...
This pair has been making me some money lately. Ever since I saw it listed on Kucoin, I liked the name. Made me think of speed and I like fast trades! BLUR's been behaving quite predictably since I've been trading it and seems to still carry some steam. Recent rally averages (signals triggered by this same setup) are equal to +92.3%. So I'm aiming for anywhere...