HG is on the 30 minute chart with a set of EMAs ( 7- blue 20-red and 100-black) ascended 6 % in 7 days from the morning of 4/23 to the evening of 4/29. This is traded with a leverage of 25. A short trade taken on the reversal is now impending closure. The short falls faster than the long climbs and will yield about another 6% in 24 hours or so. The trade is...
BMY is here on the daily chart. The double top and death cross of the EMA moving averages makes for a strong candidate to short with shares or take put options. A comparsion of the most recent earnings report with the previous one sixty days earlier tells most of the story. The dual time frame RSI indicator shows ongoing wekaness. I will short BMY here and...
GOEV (Canoo) on a 240- minute chart shows an early reversal from a three wee trend down. The chop zone indicator shows the signa over the choppiness in the past few trading sessions. Prc rose from the support of the first lower anchored VWAP line I will take a long trade here targeting the recent pivots as shown on the chart with a stop loss set at the low...
LCID trended up 40% from late June and then over 2-3 days completed a standard Fib 0.5 retracement before bouncing off a longterm anchored mean VWAP and reversing. The reversal is supported by the two time frame RSI indicator showing the lower TF RSI crossing above the higher TF RSI and both of them approaching the 50 level. The zero lag MACD shows the...
AMEX:SPY May 17, 2024 15 Minutes. AMEX:SPY managed to trade between 521*532 and 527-528 yesterday. The current uptrend is stalled and getting ready for the next up move towards 534-535 provide it holds 525 levels. For the day holding 527.5 uptrend is intact. At the moment AMEX:SPY below 9,21 and 50 moving averages in 15 minutes. Hence possible target is...
As of writing this ETHBTC is trading at .4508 Current arena - Ethereum was once the future of finance, however other sybil friendly VC chains have front ran it on crypto's greatest value proposition of creating rug pulls with dogs on them. Technicals - On a monthly timeframe ETHBTC has just completed it's first death cross . And has dumped front running this...
My Idea to the final of this week. - SL 2405.55 - *Entry 2390.22 TP1 - 2357.42 TP2 - 2344.02 TP3 - 2317.52 Its always risky trade when Fed talks but, no pain, no gain. No risk no learn. I got my shot.
NASDAQ:LNTH has been exhibiting tame behaviour now that the uncertain period during down trend has caused unnerving traders to buy and sell. It has reversed with strong earnings recently and now is on the uptrend forming the 2nd #Goldencross. I am selling my house so to speak to go all in. LOL.
Gold price analysis: Current short-term trend: Up. News: Good news for gold Technical Indicators: MA shows bullish trend Short term pattern: triangle consolidation Breakthrough direction: Up Support: 2366-2262 Pressure: 2397-2404 In the short term, low buying is still the main trend! The above gold prices are based on the real-time prices on...
Der Dow Jones Industrial Average hat Geschichte geschrieben und kurzzeitig die 40.000-Punkte-Marke zum ersten Mal überhaupt durchbrochen! Diese bemerkenswerte Leistung unterstreicht den starken Aufwärtstrend, der den Markt derzeit antreibt. Lass mal einen kurzen Blick darauf werfen. WHSELFINVEST:WALLSTREETCFD Gleitende Durchschnitte bestätigen Stärke: Der...
Bitcoin (BTC) surprised many on May 16th with a sudden surge that brought its price close to $66,000. This bullish move followed a period of consolidation and came amidst a broader risk-asset rally triggered by positive economic data from the United States. While some analysts remain cautious, others see this jump as a potential springboard for further gains,...
Bullish twist and price above a green cloud on the 4hr. Inverted head and shoulders on the daily. New ATH in the next 5 weeks. Who's comping with me? Price target between $75,000 and $77,000. Easily up in the 80,000s in the next month or two. Target is just the first stop on the bull train.
The main idea of the strategy is that in the event of a sharp unexpected drop, coins usually grow back quite quickly. We simply draw a short SMA, and when the price deviates significantly from it, we buy, and when it returns, we sell. We cannot buy every drop; it must be quite strong and sharp. If you buy early, you can buy at the beginning of a downtrend and...
Wednesday’s US CPI report showed a moderation in price pressures in April, following months of persistence, with headline inflation easing to 3.4% y/y and core to 3.6% y/y. Along with the miss in retail sales, markets strengthened their pricing for two rate cuts this year by the Fed, staring in September. The greenback fell as a result, sending EURUSD to the...
CAKE on the 30 minute chart shows suggests as a short candidate including death crosses as well as a loss of strength on the RSI indicator. I will short CAKE and investigate put options for sufficient volume and level of implied volatility.
RBLX on the 4H chart is presently at the low extreme in its trading range over the past six months with the VWAP bands and volume profile overleaid. Pivot highes in the winter were in the 46-47 range while the 2023 pivot low was 25. RBLX is a kid's favorite and compets well with the other competing gaming setup. At present price touched 26.75 on 4X...
BTC have now pierced above the (green) 50 daily SMA line, as well as above the Bollinger band, after previously getting rejected 3 times. Note: Will need the current daily candle to close above the green 50 daily SMA line for confirmation. Inverse head and shoulder pattern breakout indicates momentum reversal. FG{50/15} histogram have now turned green, and...
On the 1M Time-Frame there has been a bearish cross on the MACD indicator. Moving averages are above the zero level; however, downward momentum could push EMAs below the zero level.