Nice fibonacci in play and adding fibonacci is making it even better , lets wait for 19500$ region and then i am executing a short position.
EXPALINING MY BUY SETUP ON AMD === I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to...
As we can see from the chart $op is in a falling wedge, indication of a reversal pattern, bullish. I see a breakout from or before 13th Sept 2022, give or take a few days in either direction, with a target of 1.316
Don't shoot the messenger. I am not a professional. I think you are going to see a breakdown of AMC to about $6.15. The last three candles on the chart is a bearish formation, it recently broke its trendline and there is no buying volume. It is at a heavy resistance at around $9.70. There is also the subject of parity with APE. Where the 2 prices meet in the...
NASDAQ currently suggests that we could be seeing strong selling and a continuation of the down-trend should be imminent from this week forward. Looking over the statistics of 2022, whenever we had a correction, as we did for a few weeks now and finally ended in the red last Friday, the NASDAQ dropped for at least 2 weeks with strong momentum, if history is...
EURUSD is showing strong potential of trading below the breakeven parity level and I highly believe that by the end of August we could break the parity level and trade below it for the rest of 2022. Looking at price action on this one I see 0 reasons for buying, in fact all we are forming is constant lower highs and lower lows... which suggests we are in tune...
bitcoin on the weekly, support and resistances drawn, fibs to consider. overall market sentiment is currently bearish, with optimism. September Fed rate review is something to consider. $btc seems content being under $22k for now
I've been tracking the patterns and algorithms and it's been following it pretty religiously for a while, but I know that it sometimes just inverts itself to throw people off. I think that might be the case right now and if so, this is an estimate of what we can expect moving forward.
ETHUSD par is at a critical stage to move towards a new bullish trend. The .382 fibonacci retracement was successfully overcome, i.e. the bearish trend is weaker right now. Next big step is break the 200 periods moving average with over mean volume. The key these days is not to lose 3300 level.
- Potential $SPY gap fill completion within 1-3 trading days if support holds.
I finally got a camera and mic installed on my computer and i can do the recording. I am going to my best to explain my thought process. This, for me is an exciting new approach as it forces me to be coherent to a broader spectrum of mindsets. Yes i know all of you negative and trolly types have no idea what is going on, think i am trying to be a Guru, or sell...
LKE breaking out of a 5 month consolidation period, looks like a 5 month cup and handle pattern Target is at the 1.414 Fib level and also the "Cup and Handle" Traditional chart pattern target. Lithium sector and commodities all running hot atm. Volume is very notable on the breakout also. Adds conviction. Looking for lower timeframe backtest entry
Technical Related: - Double Top on BAC (already hit) - Hit resistance level (around $38.25) - MACD dipped extremely under half-line (more room for volatility) - No further bearish technical indications News Related: - War between Ukraine & Russia heating up (bearish) - Bank of America's financials are good + getting better (bullish) - Buy rating given from...
TECHNICAL: - Symmetrical Triangle Formation - Wait for breakout or enter now ( higher risk ) - Double Bottom Formation - Bullish - MACD Cross - RSI low - More room for volatility NEWS RELATED: - Ukraine & Russia will be having a discussion (positive) - Market may relax w/ panic selling - War may calm down...
MY HORRIBLE TA SUGGESTS THAT THIS CAN RUN UP 100%. good swing play. buy buy buy
I think when I can explain how i use this chart i will understand it so much better. In this demonstration i am just imaging different paths and roughly where i could imagine making moves. If it hits a buy area becuse it is bouncing off a trend line and the volume. This is what every trader does, in their own way. I originally looked at many methods, all i could...
I have been using this method for almost a decade. I have recently started listing them here for the play function. This is not an offer of anything other than patterns i use to feel the market. I think i am hitting on a similar array used by algorithms and AI. Time will be a part of this so the play function becomes an important aspect of set paths.