Calling all investors!Overview
The Russell is at a potential attractive buy area for long-term investors.
The Details
The Russell ( FX:US2000 ) stock index is in a retrace move. Price is currently between the monthly 50 and 100 SMA's.
Historically, buying when the price is between the moving averages has been a favourable entry area for long-term investments.
Things to Consider
Recession could be on the horizon for the US. This would likely drive prices lower, especially for the Russell 2000.
Using an ETC, such as IWM, is often better for investing in stock indices than futures or OTC products.
Other stock indices may decline further before reaching new highs. The positive correlation between stock indices could bring the US2000 down further.
Dynamicsupportandresistance
AMSC 57% July rise AI tech ( chips) upcoming earnings LONGAMSC has had a great rise since the beginning of the AI revolution. From the overlay of
the anchored VWAP this would be a VWAP breakout that closed the last trading day
with a correction pullback and then a bounce off the POC line of the volume profile.
The natural stop loss for a long trade is directly under the POC line. As a strong bull run stock,
the MACD just showed another line cross above the histogram. Amplitudes are rising. This
sector is scorching hot. Some will call it overextended and overvalued. Buy weakness - yeah for
sure unless its going to get worse. Buy strength when you determine the probability that
it will go higher. This long trade will not wait for me. I will take it and be watchful
for signs of reversal. I do not think that I will see them anytime soon. With earnings coming
this week and trader interest peaking. I will jump in here and watch for good action.
To be safe I will take off part of the position before the earnings.
BOIL- Go Long SetupBOIL has had a busy month with the resurgence of natural gas prices and the reverse
split six trading days ago. I analyze it as having further upside. On the 30-minute chart
I have added two anchored VWAPs to the left on separate pivot points. This serves
to make out dynamic support and resistance. Price has crossed over the mean VWAP zone
which is between the heavy black lines. In confluence with that, it has crossed over the
POC line of the volume profile represents the price point with the highest total trading volume
over the visible time interval. Above price are the two targets being one and two standard
deviations above the mean aVWAP. The volume indicator shows increasing relative volume
overall as a sign of accumulation which generally results in price appreciation from
the demand trend. I will set the stop loss at $.10 below the POC line and take a long
position. One third of the position will come off upon each target advancing the stop loss to
above the entry and making the trade risk-free. Another third with TP2 and finally the
The remaining third will run on a trailing stop so I do not spend time micromanaging a smaller
position. I believe that my overall bullish bias will be rewarded yet again over the near term.
HAL an energy stock setting up LONGHAL being part of the energy/ oil sector has been down lately but after all in keeping
with the concept of buying low and selling high, it may be at a buying point. Here in the 4H
chart, I have set up two long term anchored VWAPs one at the swing pivot high a year ago
and another at a swing pivot low last October. As a result the chart has zones between the
values (1) the mean VWAP zone between the two thick black lines. (2) the upper and lower
one standard deviation from the mean zones between lighter blue lines and (3) the
upper and lower two standard deviations from the mean zones between the lighter red lines.
HAL's price has crossed the mean WVAP zone from underneath it, a sign of bullish
momentum and so a buy signal. The targets are the evolving dynamic resistance above
in the form of the zones between the blue lines and beyond that the red lines.
The volume profile with a POC line near to the mean VWAP validates the setup.
Accumulation in the three months as shown by higher relative volumes in the past
three months is another validation. More demand will push prices higher.
I see this as a long-trade setup. ( I also rely on Buffet buying more OXY ) My preferred
position is a call option expiring in November or December at a strike $30-31 which
if performing well will be held until a couple of weeks before expiration . This idea is
meant to highlight the use of anchored VWAP on high time frame charts to capture the
role of both price and volume in market dynamics and in the determination of zones of
liquidity and volatility so as to provide quality analysis without reliance on multiple
lagging indicators that may neglect any focus on volume and so handicap the trader
seeking to take high quality A+ setups layering in some trade managment tactics to
optimize alpha returns.
BARK a dog supply speciality stock Reverses LONGBARK is the stock of a relatively young company.It is now growing
and has had positive earnings The chart shows a reversal from the
prior downtrend which started with a double top in January.
The order block indicator shows a base of buy order blocks forming the support.
Upside is 45% to the resistance of the double top and the sell order
blocks. The anchored VWAP shows that price was supported by
the line of two standard deviations below VWAP in the deep
undervalued zone. However, with the reversal, price is now targeting
the VWAP itself which also could be an initial target for trade.
Fundamentally, no matter whether a recession is impending, people will care
for their dogs and sales should not suffer. If anything, people will seek
value deals compared with brick-and-mortar sources. Not a coincidence
but another dog-related stock WOOF is on an uptrend as well.
As a penny stock, this is a risky long trade however I also see the
reward potential. The call options for expiration on 5/19 are
priced at about $10 per contract making them very affordable
way to leverage the trade.
see also the stock analyst report linked here stockanalysis.com
GBPUSD furute depended on so many antithetecal factors! Pound-sterling is struggling to break it's MA100! If it does so, there MA25 might be a perfect dynamic level for responds of the pair.
MA25 might be a good dynamic level for short trades too! So I'll just take this pair under observations and I will not trader until the yellow box is broken.
Both green and red levels are strong.
The red line is aggregation of supply zone and VP of the resistance and may coincidence with MA200.
The green line is also strong support level.
wining of bulls is much more probable due to fake break out of 7th of September.
USD/JPY Attracts More Buyers!Technically, the USD/JPY pair is positive as long as it remains above the R1 (138.20). Upside barriers are represented by R2 (138.90) and 139.07.
Additionally, the uptrend line functions as dynamic support; only a new lower low and a legitimate breakdown below this line might render the upward scenario incorrect and herald a bearish reversal.
Bitcoin Pump Signal 🚦I was looking at USDT dominance (1D time-frame), and just found interesting signals 🌞
1. USDT.D has broken the green bullish trend-line and now is on a bearish move.
2. It is being rejected after it has reached the red trend-line as a dynamic resistance area .
3. The static resistance above is a strong long-term resistance area that is rejecting the USDT.D
What I personally conclude from these 3 signals, is that there is a high possibility that USDT.D will start a strong down-trend. And as the Bitcoin is on a strong support area as well, it can help the Bitcoin PUMP!
Feel free to let me know about your ideas or any questions you got in comment section.
Reliance can be short for short Termafter making consecutive bullish upmove without any correction or pull back, Reliance has started to correct, the pullback may end taking support of Fibonacci Retracements or can take support on 5 EMA or 20 or any other EMA.try to observe this script for better understanding of price corrections , pullbacks and to learn Dynamic support and Resistances.
Disclaimer: Everything i post is for observation and Learning only, i am not a SEBI registered Analyst, consult your Financial Advisor Before Taking Position.
EURGBP Retesting The Daily Falling WedgeEURGBP successfully break the falling wedge on daily time frame, price is retesting the pattern right now, on Fibonacci Internal Retracement 0.618
Price target is the cluster area of Fibonacci External 1.272 and EMA 200 (the green dynamic line)
FX:EURGBP
-Fibomic International-
MATIC/USDT : Both side have the profit for your portfolio ! BINANCE:MATICUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#MATIC is moving in a flat-top triangle, In other word; It has formed a bullish triangle and now the movement is approaching the edge of the pattern.
There will be scenario to play and both have separate profit on the movement, So we'll try to catch the majority and take the advantage into break out/down confirmations...
- Breakout above $2.700 with potential 60% LONG's profit on it :
In any terms of breakout above the higher resistance zone ; It'll confirm the bullish bias into the major movement and we can take a LONG on the breakout confirmation and set our SL as a candle close below our entry zone !
- Breakdown below $2.050 with potential 30% SHORT's profit on it :
In any terms of breakdown below the dynamic support zone ; It'll confirm the bearish bias into the major movement and we can take a SHORT on the breakdown confirmation and set our SL as a candle close above our entry zone !
📚 The meaning of the entry zone is the mentioned blue/red area of interest !
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
CRO in red todayIf we get a red candle bar on a daily timeframe it might just indicate that it's loosing it's steam temporarily. Seeing the 21 daily RSI indicate that it has been overbought for a couple of days now. It is much better if wait for the CRO come near to the 21 daily EMA, touch it and then look for a bounce. Though nobody's stopping if somebody wants to short it. It might just be as profitable as buying it near on one of its mean
USDMXN Triangle Chart Pattern USDMXN Bullish Confluence Factors
Trend: Up
Level: EMA 10 Dynamic Level is above EMA 20 Dynamic Level; Four or more touches on horizontal support resistance level
Signal: "Wait For Price To Close Above 20.88690 and then watch for a bullish price action signal near price level 20.88690."
CoRA Ribbons - Two ideas how to use themSince CoRA Waves and Ribbons could help you to identify the trend better and more reliably, this indicator provides a good baseline for your strategy.
The indicator " CoRA Ribbon - Multiple Compound Ratio Weighted Moving Averages " (#revision: lv21) was used in the following screenshots. Information and details on CoRA waves can be found in the description of the indicator.
Let yourself be inspired. Let's start.
These are just two of the many possibilities. I look forward to any further suggestion or idea. Comments and additional screenshots are always welcome.
Even if CoRA Waves lag less than other moving averages, note, as with all other strategies, that one indicator alone is usually not sufficient. Usually further analyzes and the like are required. Therefore, understand the two examples for what they are: A hint that it is worth taking a look and perhaps one or the other known moving average can be exchanged very well with a CoRA Wave or a CoRA Ribbon - in order to get faster entry points.
EURJPY double bottom 🦐EURJPY on the daily chart created a double bottom over a daily support.
The price is moving at a confluence point near to a dynamic support and according to Plancton's strategy if the market will break above the resistance we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
DASHUSD Target Price 198.59DASHUSD Dynamic Support Resistance and Static Support Resistance Levels
EMA 10 Level
Support Resistance Level
Fibonacci Level
EMA 20 Level
Gold- sitting on support.you can see by the chart that Gold is sitting right on support on adaptive moving average. If Gold close this 4 hour candlestick up above this support than it may be good chance to buy the dip. Because volatility be real high now with gold, adaptive moving average should be moving down, but it not budge hardly. This to me means that gold was not overextended/overbought to begin with before dipping. Thus, this may be good spot to buy, but only if it still sits on or over support at close of 4 hour candle.
Ms Bunny.
If u knew about Neo you know what is going on but if you dont?!Neo try crosses up its dynamic resistance trend line and keep pushin, if we wanna setup eliot waves probably we are in 3th wave ABC correction, and the target may will be the fibo 0.618 retarcement. Also we are right on support zone at 4h time which is already confirmed at this level.
Trade Safe ,Stay focus !!!