For today We modify our green channel somewhat. Considering the energy from the demand area The price can go up to the supply area.
NZD/USD To make a small 20 pips Correction before moving Higher TA Based on Candle Stick Patterns, Support & Resistance, Moving Avarage and Trend Lines. Simple Clean Charting.
Here we have a clear signal Pinbar Bullish on a support line, with the USD markets showing strength so far this week with China's first 1/4 of the new tariff trades going ahead it favours the USD. Key here is Candle Formation Support Uptrend. Please take note this is my opinion and you are always liable for your own decisions, Thanks.
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Please be advised that I swing trade and will often hold onto a position for > 1...
The day after earning I sold 160 strike naked puts for $2.74 credit each. These options have a 30 delta at the time. This is a neutral to bullish strategy. The idea behind this trade is a contrarian play into high implied volatility. The idea being that after such a massive selloff the bears will exhaust soon and we will see a pop in price and volatility will...
A bullish pennant forming with a potential for a large breakout to the upside. See chart for pattern and price targets.
This morning I sold 160 strike naked puts for $1.06 credit each. These options have a 30 delta at the time. This is a neutral to bullish strategy. The idea behind this trade is a contrarian play into high implied volatility . The idea being that after such a massive selloff the bears will exhaust soon and we will see a pop in price and volatility will come out of...
On the 4H chart we see 3 consecutive dojis/spinning tops, with another one forming as well. This indicates a lot of indecision in the market currently, and a big move could be coming in either direction. In my opinion, we will break below the 21 EMA that has been tested a couple times already, and head further down. My target remains the same: 6200-6300. Stay safe, Vik
I'm working on a new technical analysis indicator that identifies candlestick patterns through an AI algorithm. Today it spotted an outside reversal candle on #MELI right at a very important support. What do you think about it?
(The analysis is down below, Read for priors) Hey guys, I'm back with a better analysis of my favorite coin TRX/ETH and like everyone else, I was confused this morning waking up to TRX/ETH being up 33%. While I have nothing against TRX/ETH being up, WE have to understand why. First thing I do is check Twitter and there you have it Justin Sun, my main man, the...
EURUSD showing strong support @1.22300 Looking for indecision and/or rejection @ 1.22300 to signal a range rally to 1.24500 Price already stalling and reducing momentum as it approaches 1.22300 showing heavy bull presence.
Potential breakout of downward channel, looks like a inverse head on shoulders pattern could be in play here so I will see how price reacts to daily resistance