Hey guys ! The H&S Pattern is now confirmed on eurusd You can short on the neckline or try higher for a better entry. Accumulation of : - Breakout and retest of few trendlines - Fibonacci confluence Entry , targets & stop loss are sets with standard deviation , pivot ,support/resistance zone, fibonacci retracements and trendlines . Good luck !
Making the case that the market has been in distribution of the USD since early in 2015 when a buying climax (BC) occurred. Since then the USD has been in a trading range with Signs of Weakness (SOW). Most of 2016 low volume adsorption occurred with an upthrust using the presidential elections as springboard. In 2017 we have seen signs of weakness with increased...
Fundamentals: GBYTE - Full Moon distribution, November 4 05:23 UTC Holders of GBYTE will receive 10% of their balance during this distribution round. This is an incentive to buy before this date. Technicals: There is support at 0.03
higher time frame shows defined downtrend pulling back after strong impulse move mid time frame shows uptrend weakening and mature looking for a breakdown with negative momentum and negative volume pressure lower time frame is working bottom of base- worth monitoring for possible false breakdown and continuing consolidation breakdown of support level of 71.3x...
higher time frame is showing defined uptrend with an over-extension on breakout pulling back mid time frame is showing markup to distribution to consolidation for the next leg down descending triangle is forming against downtrend line and multiple test of support is showing weakness possible breakdown to breakout level of 55.7x on higher time frame- first level...
higher time frame is showing defined uptrend with indecision mid time frame is showing range bound action/distribution it also shows a break of first uptrend line and a false breakout towards the resistance area of first trend line and price broke down through the second trend line which shows a weakening of the trend bounces off the third trend line which is...
higher time frame is showing range bound price action- negative divergence in rsi closer look at mid time frame shows the transition from a range expansion to range contraction and selling volume pressure being applied along with negative momentum lower time frame shows price action in that same range contraction apply pressure to the support area with multiple...
gu i see distribution building on the hourly watching for short on trend-line break
There are several divergences on volume on way up. There is also increasing volume on down swing. This is bearish change behaviour. I expect move down on Yen future. It means on forex pair USDJPY.
Last week highest volume bar acts as resisstance. We saw the price bouncing the zone. Now, it should go down. On daily chart EURGBP broke trend line
Clearly visible on cumulative volume selling pressure - falling through the ICE pattern. Wait for pullback and go short.
As we can see, price created ascending wedge short setup, there is also SOT formation which informing us that buyers are getting weak.. at 12 it was a large volume on the market so it was a signal that smart money are getting off and distribution is coming.. Sell a break of bottom trendline. I am expecting price will drop to first demand level around 1.2360 or...
As you can see price broke formed triangle after distribution phase on strong supply level. Wait for candlestick formation and enter for short. I am expecting price go down around 1.22300. Good luck
AMD has shown no signs of slowing down, until now. After the mixed reviews of Ryzen, which was initially a reason for all the hype around AMD, investors are selling. With even the largest investor dropping 45 million shares at $13.70. This is all as AMD was hitting a near 10 year high, which also happened to be a major resistance/support level. On the weekly...
CAFD, already sporting a 7.5% yield, just broke out of volatility consolidation to the downside. This is a very easy chart to trade, as the key levels are very obvious. You should be able to pick this guy up close to $12 a share with a nice 8% divy that has almost doubled in last two years. Balance sheet is good, i've checked myself. Aim to sell around $16 or just...
* Wyckoff Analysis * Distribution Phase * Doji @ top #Invalid above 12050
EEM looks to be breaking-out beyond technical resistance and through the top of the value area as indicated by the distribution on the left axis.