Fed meeting minutes released Wednesday showed that officials planned to reduce their trillions in bond holdings at their March meeting, with a consensus amount of around $95 billion, increasing supply in the market. This news seems to be in confluence with the technicals as were sitting at a new higher high and are due for a pullback. Look for stocks to run...
Litecoin has just bounced off a major trend line after creating new all-time highs. LTC fundamentally is expected to improve over time. This pullback means that a good product is being sold at a discounted price. Smart investors will be interested and there will be an increase in demand causing an increase in price.
We have officially created a downtrend on the bigger picture with bitcoin. Right now price is overextended lower and we should soon expect a pullback. Is this Elon's fault or something you expected to happen? Are you bullish or bearish in the longer term? Let me know in the comments below.
SPY coming into supply. Looking to take profits from long positions, and go short. Demand sitting below marked out. Be aware of the for targets.
Hello, here was have a Daily chart of the BTC. The areas boxed out indicate a lot of supply sitting just above. Look to take profits if long or be prepared to short at these levels.
What's going on?? Comment below what you think might be happening next in our economy. You can also follow along my ideas to see what ill be doing to take advantage of the opportunities to come.
Hello traders. Lots of opportunities in all markets. Here we have Apple Stock Charts. We have significant demand just below. Look for price to possibly retest there before its next big move up. We should see some hesitation at the first supply zone from price with ultimate goal at the higher supply zone.
Good morning traders. Here we have apple stock chart. Bigger picture suggests price has room to move lower. As we move to the lower time frame, we can see supply sitting above with a lack of demand below. Looking to get short at this area of supply. * * * Like and follow for more ideas like this.
Bigger picture suggests we are close to significant demand. As we move to the lower time frame we can see supply above. Looking to use the supply to take us down to demand to ultimately get long. For now we will focus on this intra-day level. Look forward to another post of this chart soon.
Here we have Amgen Stock chart. Bigger picture suggesting that there is more room to fall until we reach significant areas of demand. As we move to the lower time frame we can see fresh supply sitting above and very little demand below. Will look for an entry here.
Here we have Costco stock charts. Bigger picture is suggesting we are bearish with more room to the downside. As we move to the lower time frames we can see were approaching fresh supply. I will look for an entry into the bearish move here. * * * Like and follow!
Hey Traders! Here we have a Forex pair EURUSD. Bigger picture is telling us we're at a price point where supply significantly outweighs demand. As we move to the lower time frame here, we can see new supply has formed and not very much demand below. This demand isn't very significant, however it is enough to mark and use to as a target to take profits off....
Good morning! Please direct message me if there's any particular chart you want me to post. Here we have Tesla Stock charts. Bigger picture suggesting were at a price point where the stock is considered expensive, so we are looking to get short. As we move to the lower time frame, we can see new supply has formed above, and not very much demand sits below. We will...
After using Multi - Time frame analysis, I have determined the Bigger picture trend is bullish. On the correction we will look for an entry here.
Unfilled orders above and lots of filled orders sitting below. The bigger picture also suggests to be short. There are two great supply zones. Both are ok to take depending on your rules. I'll be looking for entry at the higher zone because it has better Reward:Risk. * * * Please like and follow and i will post more like this
Bigger picture is suggesting we have been moving bearish for quiet some time. Prices are cheaper than ever. We can see that fresh demand is forming which implies big money is starting to buy. On a retest of demand i will look for a long entry and take profit before reaching the next area of supply.
Hello traders. Keep in mind, it is important to use Multiple time frames to get a clear understanding of what's most likely going to happen next in whatever market you are looking at. The same way a doctor takes multiple X-Rays to get a clear picture of what may be injured in your body. * After multi-time frame analysis, we can see that this market is in a down...
Good evening. Here we have Apple stock charts. The bigger picture suggests to be bearish when price reaches just above 225 price area. Moving to the lower time frames, we can see they coincide with the bigger picture. We can see clear supply zones sitting above. As of right now, bigger and smaller picture both suggest significant demand is much lower. Of course,...