Long trade setup based on 1. Falling wedge 2. Double bottom 3. High timeframe support Disclaimer: Im not a financial advisor and this is no financial nor trading advice.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hello traders, we will try to implant a new point of view on the markets today. What if I told you that there is a tool that can find a bottom in the AMEX:SPY market? This tool exists and is called CBOE:VIX . If you compare these two graphs, you will easily see, that almost every extreme in the VIX market found the bottom in the SPY market. Yes, it's...
Hello and good day to you! Thank you for tuning in, I appreciate it. Today´s input: 1. -RSI showing lower lows -Price showing lower lows = This is a bearish divergence = Could mean, we have not found our bottom for now. -6000 levels might be a possible low. 2. -Continuation Pattern (Trend continues) vs. Reversal Pattern (End of a trend, opposite...
Yeah, definitely not exciting today. Sitting back and catching swing lows.
today is looking pretty ripe for potentially high volatility. While a downside makes more intuitive sense, there's little reasoning to back up the play other than a good risk to reward ratio and a sustained long term structure. Play safe!
Today I detail the daily 500 period support vs the short term trend on the 1h chart. Really clean setups on these charts today!
Today I go in depth on the variety of volume pumps and bidirectional stop hunting.
Sideways price action is something you can bet on, but only if you're sitting around to day trade it. Sad thing is, I'm sleep. See you tomorrow morning!
We have a short term mean reversion target of 11000. Do note that a large fakeout to the downside is still in the cards.
Today I go over the relevant mean reversion and trend definition pivots. strait forward and easy to trade!
We have a tradable trend for you and your friends, scooping swing lows highly depends, on your liquid capital and future dividends. have fun.
A decent compressionary range has broken with comprehensive net expansion to the upside! we should at least see a short pop upward.