I am looking for an intraday push out of the Bollinger band squeeze. The 15 min display shows a strong bullish momentum with periodic squeeze and push. The middle pane shows the RSI(white) and the Williams %R (yellow) with a 20 EMA for %R signal.
Historical data analysis indicates an 86% probability of EURJPY falling below 154.000 for a new low on the weekly timeframe, suggesting potential selling opportunities in the coming weeks. While our bearish outlook primarily focuses on the weekly timeframe, it's crucial to consider both higher and lower timeframe perspectives for more accurate trading decisions....
After reassessing the wave structure on TRX with Glenn Neely, particularly the structure which began at the high in 2021 up until now, it seems to indicate that we are in a complex correction which began with a triangle and is now ending with a diametric. If this is correct, TRX should be beginning the next phase of the bull market now. This would mean that we...
Monthly Chart of CBLS. Bullish! Little Island Reversal w./ a double bottom. Expecting to C higher monthly Close(s). Higher lows on each month.
Eyes on KAS now as it retraced from its previous local high back to a local support level. A buy signal is also showing on the Stupid Willy indicator at the time of writing, though it may fall further yet. Hopefully it will get down to the golden pocket fib zone from its recent pump. 200EMA on the 4hr will be at 13 cents soon.
Hey guys, didn't post new set-ups because the market is quite boring right now. But explored some ETF and found an idea for stable trades. As we know, ETF's and some pairs are like to move in long channels, which is pretty easy to trade. Here at the S&P500 we can see the raising channel from 5th January and I mark the zones, where you can open long positions,...
If you're planning to invest for the long term and want to bet on Bitcoin's growth while expecting a decline in the value of the US dollar, you might want to consider an Exchange-Traded Fund (ETF) called $BITO. This ETF can be a good option. What's interesting about this investment is that it offers a dividend yield of 14.49%, and this dividend is paid out every...
On the 4H chart we can see that the BTC is moving in a bullish flag pattern, so soon we can see the break-out, but be careful because we also can see that the volumes are descending, so this can be a manipulative movement and very fast! IMPORTANT! Always follow the RM strategy while trading!
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #Bitcoin 4H Noticing a stair step pattern here. One to keep an eye on. If it the pattern breaks, could be an indication. But for now, BTC looking good! Nothing says it's done yet. IF 53k breaks, sus. Some Div on this high as well.
Now we are moving in a developing descending channel, and when the price reaches the rectangle area, you can open a short position. Reasons for opening: 1. From this price, a descending movement observed several times. 2. When the price reaches the box area, you can see a sharp angle on the Williams' Alligator. Important! Follow risk management and do not open...
As we are right now moving in the consolidation box, we can try to trade short position with a take profit at around 51.200-51.400. General reasons to open the position: - Formalizing the sharp angle by BW alligator - Volume descending - Price consolidation after fast grow IMPORTANT! Always follow your trading strategy and follow RM!
Workhorse could start working again as the 50 minute chart is showing a suggestion of a reversal after a long trend down. Price has passed over the longest moving average which is a SMA20. The EMA cloud ( 100, 200, 300) is starting to turn up and price has crossed over it. All in all, there are some golden crosses here. Blue buying volume spikes are seen...
FX:EURUSD , my bullish stance holds, above the support at 1.08432 with an encounter at resistance point 1.09705.
In the realm of NASDAQ:QQQ , my bullish outlook remains, above the key support level at $403. A celebration is in order as we set our sights on resistance, celebrating the market's recent making of a higher high!!! Maintaining bullish sentiment, the strategy tells me staying above the support level. Cheers to the market making higher highs!
As we peek in at FX:USDJPY , a bullish incline is showing, pointing towards the creation of higher highs, particularly when staying above the support at 144.870. My strategy revolves around maintaining a bullish stance above this pivotal level, refraining from any trade if the market ventures below. In the upcoming week, the bullish outlook shows. Should a...
Staying firmly bullish on gold ( AMEX:GLD , OANDA:XAUUSD , COMEX:GC1! ), my focus is on patiently awaiting the continuation of the current upward trend. Checking out the recent market maneuvers, a bullish stance is maintained especially when holding ground above the critical support at $2000. Considering the recent market vibes, there's an expectation that...
Checking out BINANCE:BTCUSDT , we're seeing some interesting moves. Resistance seems firm around 43610, while support is holding steady at 40175. What's catching my eye on the daily chart is the EMA crossover – always a key signal. This crossover suggests we might be in for a bit of a dip or a consolidation phase in the week ahead. Now, me, I'm not one to jump...
While it is true the 0.786 fibbonacci level was touched at 48k, it has not lead to a devastating blow to the downside. 40k support is still holding which leads me to believe more upside is coming. My old target was 57k based on that 0.786 fibbonacci, but I was expecting price to blow past it creating a blow off top. Since that did not happen, and price rejected...