decreasing volume on the daily. we may see a slight pullback before going for all time highs again.
🎗 CAD/JPY Setup / Analysis 🕐 2 Hr's Chart / 📋 Educational —————**- 🗒 Just browsing through my analysis means a lot to me. —— ➕ Key Technical / Reason's Short ——————————— 📍Entry Break 79.500 Poc Red line Break Trend Break Counter Break Day low Break 📍Target Reversal 77.500 Major Turn level Channel lower Band Golden Zone Quarter low Year low ⚠️...
The inability of price to break the 18900 level suggests a sharp move back down to at least 18000 is likely If 18000 doesn't hold the next stop is 17k
Simple analysis for the near future shows Stochastic RSI hinting at a reversal. Possible "W" bottom formation followed by a higher low. Ascending support line. Strong buy volume. A positive weekly candle close could push price towards 30 cents. Negative candle will send price to retest ascending support line around 22 cents. Flipping that 30 cent level...
Evening Traders, Today’s analysis – ALGOUSDT- impulse break above Local S/R, holding these levels are deemed bullish. Points to consider, - Price action impulse - Local S/R Support(200 MA Confluence) - Daily S/R Resistance - Volume Influx ALGOUSDT’s immediate Price Action is impulsive, allowing us to have a bullish bias in the immediate short term, The...
While revenue fell below expectations, Grocery Outlet's earnings skyrocketed ahead of expectations. the company still trades at 1.2x sales and looks to be a medium conviction play. When considering the consolidation in the grocery space in general, as well as FCF for reinvestment, it's worth thinking about the buyout potential for a mid-tier regional looking to...
1) Entered this stonk since 16 Nov (4 days) when it broke the flag with volume. 2) It could be like NIO, XPEV, LI, WHKS and others.
we have good BAT pattern plus good demand area
green: indicator white: price orange: where the stock is suppose to go
Blue Label Telecoms has been having a torrid time of it but we may have turned the corner and ready for a markup. BLU has been ranging from September 2019 but now there are signs of strength (SOS). After breaking above the yearly pivot point divergence in the volume RSI and increase in volume on the way up. The Relative Strength has also turned and is stronger...
Strong Bearish Signal: The price demonstrated a sharp fall and totally absorbed the previous rise, which shows a weakness of buyers. Volume Zones: It is necessary to allocate an important support level/local minimum 1854.70. The price is currently trading near this mark. Sentiment: This indicator shows that 70% retails traders are in long positions, which...
we expect small bull back with LONDON session then looking for rejection by bearish at resistance level as shown on the chart
Evening Traders, Today’s Analysis – GBPUSD- breaking Local S/R with an impulse, test of Bullish OB is probable, Points to consider, - Price Action Impulsive - Bullish OB Support - POC Support - Local S/R Resistance - RSI Bearish Control Zone - Volume Declining GBPUSD’s immediate price action is trading below key Local S/R, failure of a reclaim will...
Bullish rising wedge to be seen here, target is around 58. Aiming for bullish continuation, really strong catalyst on Q3 Earnings narrowing the quarterly loss. Algo also bullish showing a buy in at around 46 Dollars with possible adds at the lower channel trendline.
Seeing a overnight bullish Descending channel forming right here. Algo showing add at the last touch of the lower channel trendline. Expecting to take profit as soon as we touch first trouble area.
Strong Bullish Signal: The pair showed a sharp growth and tested the level of resistance. The price did not break it out, but is still trading near it. Given that the recent downward correction has been totally absorbed, we may state that sellers are weak at the moment. Volume Zones: We need to point out an important level of resistance/local maximum 1.1895....
Find out how to use this profitable trend reversal trading strategy to catch the bottom with minimal risk. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 18 Nov 2020 trading session. In this video, you will find out the market recap during the last session and trade reviews in the three-minutes timeframe...