NASDAQ:COST was over-speculated by retail groups. Extreme angles of ascent do not hold. The severity of the recent angle of ascent due to speculation warned well ahead of time that COST would have a meltdown when buyers evaporated. The first strong support level is at the black line.
The Weekly chart shows stronger runs up than down. Costco is frequently...
It is clear where Bitcoin will be heading! with fake Retest!
Let’s breakdown the Prices for Quarter 2, 2024 for the final round before taking few weeks of break as Market will slow down after April until Mid-June., Early July.
Next X Right...
How i trade my indices as a day/swing trader. I firstly spot where price has been rejecting with my Order blocks then I move to my lower timeframe to find more price rejects but i mainly focus on the major rejections meaning the order blocks that are on 4H,1H,30M&15M. I take trades on my 5minutes time frame
On the 5 day you can see if you draw 2 fibs, one from the last break up... in yellow, another fib, grey from cycle low to top, and look back, you can see that there are 3 tops that need to be tested from previous cycle.
when you draw the yellow fib, the previous high has to be tested, that's between the 6.18 & 78.6, 90% of the time, that top gets tested,...
I am going long on EurChf as it is bouncing off a support zone and has broken the resistance trend line on 1HR. My setup will be invalid if it breaks the previous support zone
When you are reading this, Bitcoin's fourth halving is imminent. The reward that miners will receive for each block every 10 minutes will drop from 625 Bitcoins to 3,125 Bitcoins. Bitcoin's halving will result in a reduction of the annual Bitcoin supply from 1.6% to 0.8%. But this halving will also bring the launch of the highly anticipated protocol and Bitcoin...
NYSE:TOST sitting at the ~22.50 zone. This zone has acting as a zone of major support/resistance in the past. NYSE:TOST has been consolidating at this level for the past 3 days.
Bitcoin next prices as follow:
$63,221.6
$63,576.3
Expect mid Retest.
Then:
$64,081.1 ( prepare for breakout! )
$64,134.3
$64,780.5
Next Distribution price: $65,031.1
Bitcoin Prices for Quarter 2, 2024 :
Lets breakdown the accumulation prices:
$64,293.20
$65,776.97
$65,932.51
$66,266.20
$68,735.45
$70,348.78
Expect mid Retest.
Then:
$73,357.30
Execution price: $74,742.54
Distribution price for accumulation stage: $75,285.61 Follow by $75,691.71, may go as high as $76,173.88.
Then:
Retest must hold within...
The project is design to highlight potential support/resistance zones with the rectangles, but also a design of lower/higher probability of reach. The path of the white dots is projected to have a higher probability while the big blue polygon lower probability of penetration.
Marked level could be highly significant in the upcoming developments in this stock,...
In the ever-evolving landscape of social media, rivalries often dictate market dynamics and investor sentiment. The recent flurry of legislative activity surrounding TikTok, the hotly popular social media platform, has cast a spotlight on its American counterpart, Snap Inc., the owner of Snapchat. As the U.S. House of Representatives deliberates on measures to...
There was no reason to miss this trade! But if you did, there will be more opportunities for a long entry before we retest the higher time frame white selling channel above. Look for these same controlled selling algorithms to appear before getting picked up by buying continuation (ideally yellow strong)
Happy Trading :)
- TraderDaddyOG
Now that you have grasped the basic knowledge of the Matrix and its blueprint being conceptually Math, here we are diving towards the horizon which is the future trying to make sense of the math of the path. That lies ahead of us.
Extracting the information required to navigate into the unknown which is the future which might have already happened, we don't need...
USOIL / 1D
Hello traders, welcome back to another market breakdown.
Crude Oil traded lower earlier in the week after a small pullback bear trend.
The bears got 3 pushes down, forming a wedge pattern.
They want a retest of the June or May lows, followed by a breakout below.
The bulls see the current move down simply as a bear leg within a trading range.
They...
... for a 2.01 credit.
Comments: High IVR/IV at 75.1/35.1. Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor ETF.
I may look to ladder out at intervals if premium remains decent.
