CMSTrading

CMSTrading

Price broke below very important area of support around 2.20 - 2.24 with an impulsive candle. Price then retested support turned resistance with a bearish flag, broke trend line with a high volume bearish engulfing candle on the 1h chart. Stop loss: above resistance, recent highs Take profit: at 1.5 fib extension level, acts as level of structure to the left

CMSTrading

Price in channel on daily, coming off hitting from the top trend line, broke daily support / resistance level. Bounced at daily support and 50 day MA, retraced to down trend line and 50% fib level. Price had 4h close below EMA, 38.2 fib level, 1h s/r level, with 1h wick showing respect of that zone. Stop loss: Above 50% fib, recent high, and outside trend...

CMSTrading

Price hit daily support, flat line underextended, at lower bb band. Momentum in lower moves decreasing on mid term time frames. On 15 min, we are seeing price respecting an uptrend line, had a morning star at trend line, and then a high volume impulsive bullish candle move away from trend line and above moving averages. Stop loss: Below trend line and higher...

CMSTrading

Price in longer term downtrending channel, hit lower trend line and has begun to reverse. Currently respecting a short term up trend line, price wicking on 1h chart. Price hit trend line and closed with a high volume bullish hammer with long wick showing professional buyers coming into the market at this level. Stop loss: Below wick of previous 15 min close /...

CMSTrading

Price in range on daily chart, had fake out but broke back into range. Price formed head and shoulders type pattern, broke support and retested support turned resistance and 4h 20 day ema. Had a high volume breakout of trend line on 30 min chart, bears currently following thru. Stop loss: Above chop, above resistance Take profit: Above highest volitility...

CMSTrading

Price in mid term down trend, retested previous breakout area as resistance. Had a 50% retracement, rejecting at resistance / 50% fib level. Began to see wicks at upper bb band, price over extended - ma crossing bearish on stoch. Closed with a bearish engulfing on 15 min. Stop loss: Placed above resistance - past high wick Take profit: At support low - half...

CMSTrading

Price hit daily resistance, rolled over to down side and respected zone. Began range, price broke thru support with high volume, strong breakout candle close Stop loss: Inside previous range, above support turned resistance Take profit: At 50% fib pullback from low to high, which converges with 4h strucutral level and VPVR

CMSTrading

Price was in falling wedge, broke to upside and made large move. Price has since came back down to daily support and 38.2% fib retracement and is at lower bb band on 4 & 1h charts. We have bullish divergence on 1h chart and a high volume hammer on previous hourly close showing bull strength at support. On the 15 min, we saw price break and hold previous...

CMSTrading

Price broke and held weekly zone. Formed consolidation flag, had a 61.8% retracement before breaking flag with bb break - high volume on 30 min chart. Need 1h bb break to confirm trade. Take profit: 150 (psychological level), also at 0.272 extention level - just below daily resistance. Stop loss: Within channel, below s/r level, below previous structure

CMSTrading

Price broke ath, retested & made another move higher. After breaking ath, we have seen waves 1,2,3, &4 of an Elliot wave pattern. Price broke ath on 15 min chart in breakout out of flag, & 0.272 fib extension starting wave 5. If Price can hold a bollinger band breakout on 1h and 4h closes (here in 10 min), trade will be confirmed. Stop loss: Below 0.272 fib,...

CMSTrading

Price getting rejected at daily resistance, 4 days of rejection wicks in a row. 4h forming head and shoulders pattern, bullish structure no longer in tact, lower highs being formed. Price made a 0.618 retracement from highs, broke short term uptrend line and structural level on 15 min chart with high volume impulsive candle. Volume picked up again on next...

CMSTrading

Finally had a weekly close above very prominent weekly zone. Price currently breaking thru daily resistance, although we have not yet had a close. After forming an inverse head and shoulders on the 1h chart, price is breaking thru upper level with high volume. On the 30 min, we saw a retest of high after break thru, followed by a bullish engulfing candle close...

CMSTrading

Price had nice daily close, wicking down to 20 day ema, closing with a moderate bullish spread. Price made impulsive move up followed by a very clean flag - channel printed on the 4 hour. Price broke out on the 30 min time frame with ultra high volume to the upside. Stop loss: Just below daily s/r and vpvr level, inside of previous channel, and in trough of...

CMSTrading

- LUNA broke all time highs / daily resistance zone with a strong candle, and has retested as support. We are seeing a wick on the daily showing bulls holding price up. Price also retested 50% fib level of most recent push up, adding confluence to our long term resistance turned support. - We are now seeing price beginning to reverse on the 1h chart, with price...

CMSTrading

- Price broke above weekly zone and broke out thru long term downtrend line. Forming Elliot wave sequence, currently on move 4 out of 5 indicating another potential push to the upside to come. - Price formed consolidation flag after breakout, retraced to the 50% fib level and is now seeing higher lows being formed. Price retested s/r 38% fib level zone on 1h...

CMSTrading

Price is in a rounding pattern on daily, expecting double top to form. In uptrend on 4h, respecting uptrend line. Price formed flag down to the 0.618 retracement level, broke downtrend line with high volume breakout candle.

CMSTrading

Price at top bb band on daily chart, running out of steam. Had fake out on 4h at resistance level, high volume bearish close showing smart money dumping off shares to the public. Broke uptrend line on 1h chart & tested and rejected off of it twice. Reversal pattern in play. Price broke structure and retraced 61.8% before breaking short term uptrend line on 15...

CMSTrading

Price in uptrend after hitting support floor, formed cup and handle pattern, handle respected 0.382 fib level, and broke flag w/ high volume candle closure above resistance on 1h chart