EURUSD is undergoing a reversal on the intraday scale, and is sitting right on top of a long term horizontal TL and volume point of control. A break below the bottom two lines would be very significant and would lead to the weekly, and possibly the monthly supports being tested.
I am leaning towards the monthly resistance being tested before the weekly support....
SPX is currently advancing parabolically. The third touch offers the highest upside, with a possibility of 100% increases. This is similar to the parabola that formed on bitcoin, and the parabola that preceded the great...
This is not a chart to be traded off of, extrapolating trends from such early, low volume, price action has many issues. I consider these lines to be an interesting observation. More trustworthy technical analysis techniques are to be used for any tradeable analysis.
This trade is contingent on confirmation on the daily chart.
There was a falling wedge breakout, price formed a higher low, and is below the volume POC. Having a close in the daily cloud, and breaking above the black horizontal resistance is required to enter this trade. The target comes from volume profile and horizontal...
BAT is consolidating above a point of control.
A long can be entered at minimal risk due to ability to place a tight stop under the volume profile POC. The alternative trade would be a break of the bearflag, which would give a short target.
This is a short trade based on the premise that ADA is in a bearish consolidation, and sitting right on top of the 4hr cloud. The flat cloud bottom will draw the price to it, and I will take profit at the red horizontal and the bear flag target/.5 fib
The green zone below would be my long target entry if we break down like I expect. A break up through the blue...
Daily at a glance - The daily chart looks like it is finding support on a horizontal TL and the bottom of the Ichimoku cloud. Rsi is neutral, all other oscillators bullish.
This is the target for a bullish move from here, based off of horizontal and Ichimoku edge to...
ONT is currently a good short.
it is at horizontal resistance
it has a bearish divergence on the 1hr SRSI
RSI is nearing overbought region
it is currently in an ascending wedge, which is a weak pattern but tends to break down
It is in the OTE entry zone for shorting
It has a larger bearish divergence on the 4hr SRSI
4hr is on 8 count for Tom Demark...