It just tapped the trend line on a reversal. Fib lines match up perfectly to buy at a discount. Time to go long before the market opens at they beat us to it
If you didn't see the article, it's on Apple news that Tesla would be Joining the S&P 500. The article stated that a spoekseperspon from the Dow S&P Declined to comment. An analyst said that if it were to happen that the S&P would try it's best not to let it affect it's performance. >>>> apple.news Are we seeing this play out with the large amounts of volume in...
The Wyckoff Smart Money Schamtic has played out on the 4 hour time frame throughout last week. And in the C stage of the Schematic, it is once again playing out in the 1 hour time from. The Upthrust after distribution has now turned into the new Buyers Climax. And you now have more new tests of lows and highs within a range with a new Upthrust on the 1 hour...
BITSTAMP:XRPUSD Description of what should happen based on the current price consolidation. 4th time hitting the resistance line. If it breaks, wait for the retest then go long. Lines have been marked where these arreas/zones should occur.
FX:GBPUSD Completing somewhat of an Elliot Wave cycle, this is almost a textbook swing trade short setup. You have the A, B, C Wave correction then the strong impulse on the sell breaking the structure going long. A whole new structure has formed and will continue to sell. I'm already in at 1.25739 when I saw it broke the structure so I caught the beginning of...
Looks to be at the top of teh channel trending downward. A;lthough it did break the trendline, the retest failed. Also it's over sold. Quick scalp that should be an easy one to pull the trigger on. I call a short for a decent 1.5:1 R:R But you must act fast! Update: I shortened the S/L only because if it does hit the SL it'll probably got much higher making you...
Very early in the trading range in a Wyckoff cause phase. However there is a very large institutional candle where positions could be unloaded at the beginning of that candle, selling off to the bottom of the trading range between 150 and 200 pips. The Institutional candle didn't break the Buyers Climax high so I don't expect the next phase to break the...
We all know it takes at least 3 the major tests before breaking an all time high. We've just hit the first test of the latest all time high. Catch the fall now before it's too late!
Taking a look at the lower trend line dating back to 2016, you'll see obvious esistance levels, and the two out of balance areas. One being Covuid-19. We were quick to recover and re-enter that Channel. Yesterday, bottom of that trend line was hit around 3,000 and is slowly recovering from that bounce. Set you're fibs and find a good entry. Don't let the bears get...