NASDAQ:CGC - REKKKT This is not supposed to happen before factor X (luck?). IMO I think I did with the analyzing solid job. Please, no matter how small thing it might be. Let me know in the comments to improve I'll walk you through my thoughts: The Canopy Growth Corporation hit it's bottom on Fri 07/14/23. It fired up those Dank fueled rockets to head outer...
As you see, we broke the trendline but failed to stay above it. Now we see bitcoin trying to get above it, but we failed. I think we can see a pullback to the 55k range, before we will try again to break the big resistance.
SPY broke the support - and then very next day - it rallied back 0.84% - to close back inside the channel. We are back inside. Two more days left for this week. We also have options expiring this Friday, so maybe some more shenanigans.
Just an idea of HODL's current pattern. It appears to be built on shaky foundation...still a bunch of noise about CHIA on the boards however the figures are so wildly entertaining it would be a 1 - mil long shot that Tony scored the deal the way people are talking. Currently we are bleeding based on BTC cost...how long can the soccer star keep up the...
D1 chart showing 3x straigh Bullish Pinbar, that failed/break. See the reaction for touch of each pinbar Low price. From below, touch #1, going down. Touch #2, going lower than previous. Now touching #3 Low price bullish pinbar candle. I expect this point for sell until at least nearest support, more than 1000pt perhaps.
Remark Holdings Inc share have seen an important rise but since June we notice that the tops are falling, moreover, buyers have been squeezed in the middle of the month. The formation of a potential triangle in the market shows that decisions are not be made before the first week of July. Only a break of the red line or the secondary dotted lines will tell us if...
Hi traders, Today is a holiday in my country so I laid back and didn't rush with Thursday's Recap. That allowed me to do an improvised comparison of two trades - one from Thu and one from Fri, both of which I exited earlier and possibly cost myself some money. We'll look at all the variables that go into deciding whether you should "jump the trade". My...
Hi traders, Tom with another recap here. *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the graphs.* I hate losing as much as the next guy, but let's be honest, trading comes with losses and as long as you keep them low it's fine! Two trades today: 1) APA - entry LONG @ 6.85...
Hi traders, Another recap of today's ID session. Great mover AMD which I was planning to go Long in failed and instead offered a great Short opportunity. Key takeaways from the video: 1) Always be ready to be wrong in your expectations and profit from the other direction. 2) Watch for relative strength/weakness compared to the overall market! 3) Wait for the...
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After two failed breakouts on the support zone, prices were subjected to a bull spike. Odds of a bull continuation remain high. Possible targets: @0.70000 (+40pips) and @0.70500 (+90pips). Advice: Stay bullish and buy at any low point while we don't break the @0.69200 bottom level.
Pros: * Lovely Pinbar breaking the 50 EMA * finding resistance from 50EMA and Horizontal support. * Following the Trend on 15M 30M and 1H Timeframe Cons: * 6EMA is above 18 EMA showing an upward move * EMAs are not in line.
Sometimes small caps new tech bottoms can fail. We can clearly see that Ardor formed a particular bottom with the leg and foot stopping the downtrend (see the previous TA). But sometimes the bottoming process can fail, when the value goes below the trendling corresponding to the first rounded bottom attempt. Ardor's value ended up going below the rounded bottom...
Accepting that you were wrong has to be one of the hardest things in trading.The worst has to be when you’re on a winning steak ,and then BOOM you have that one trade that goes the opposite way of your entry.Even if you have a stop loss you start to move it further away allowing it to gift the market more money. You can’t take the loss because of your ego ,or...
As you can se price is at a very strong support level as marked out by the orange arrows, so we are expecting a bounce and a rally to the upside. You see how simple trading can be? So why do schools not teach the tools you need for trading if they really want people to succeed? That's correct because they want to brainwash you and hide you from making proper...
BTC failed to regain any level today, rejected the big levels and put in a lower high. In addition to this we are currently making a new h&s pattern which has a good statistic rate of playing out bearish. I'm looking for a final target for my short at 3650 right above the liquidity zone. We might dip into the liquidity zone so I will have my buy-orders stacked...
Hey Traders, We are looking at EUR/JPY I think the Bull is dead now and we are at the point of a bearish reversal until atleast 130.500 . Price Could move back up, but I highly doubt that a 2nd retest of the Resistance zone will break it. If the price moves in our favour we will be nearly 150 pips in profit vs. a max loss of 35 pips