Price has pulled back into a Key Daily Area on the 4H and rejected with an evening star candle below the 100MA. This is double-confirmation and signs that we may continue to see more downside.
Longer video but hopefully it clarifies my position in the market. I do NOT have a short position yet, but I am looking for one at this point. I might wait until either the close of the day depending on where we are OR take a short position if the overall day goes negative. Trends into today; Last Macro Trend Signal Spots (ES Contract) 30m - 5724 Uptrend...
Weekly timeframe - Fib completion (-27) - Bearish indicational candle (not the strongest but advantage for the bears) - Selling region - First bulls can be found around the 149.400 region (anticipating on relief) Daily timeframe - Reversal indication (double top) - Head and shoulders + natural W (pattern within pattern/focus on the reversal) - Solid bearish...
Milady Meme Coin (LADYS) fell by -90% after its listing. Such altcoins as PEPE, FLOKI which we bought recently already grow by 80-100%. Memecoins are in trend now and LADYS is one of that coins that still underperform. Just $ 31M cap in comparison to $9.7B of DOGE cap. 💥 It's a rhetorical question of who will grow higher during BTC pump. like❤️ and...
Dow Jones may pullback from a key daily support. I see a nice tiny double bottom formation after a test of the underlined blue area, with a confirmed violation of its neckline. Goal - 38860 ❤️Please, support my work with like, thank you!❤️
As it was said before, with the weakening of the sellers at the psychological level of the market (range 65000.0), there has been a relative return to the supply range of 67000.0 From the point of view of buyers: if the said supply level is broken, we will see an upward trend from the demand of 66000.0 to the supply range of 69000.0 - 69500.0 in the medium...
Hello Fanatics! Today is NFP, which is usually a low-quality day to be trading. We never know what is going to happen. My tip is to wait for the news release to be out and only then look to flow with whatever the market is showing you. Today, I am just testing this video recording and sharing a quick idea on EURUSD. Based on all the timeframes - we are stuck...
Potential Choch to the upside waiting for price to fill imbalance to go long. Patience on entry.
05.04.2024 The weekly timeframe doesn't appear strong, but I follow the overall trend. Trading with the higher timeframe trend alone can increase your win rate. On the daily timeframe, we observed daily liq. low and a rejection of the daily vwap with strong momentum. Therefore, I believe the uptrend will continue, as there are no signs of bearish pressure....
Thursday, 04.04.2024 We took the previous weekly low and touched my 8 EMA. On the daily timeframe, we have two strong daily wick rejections at my daily VWAP low, and we also observed important daily liquidity lows. Now, a small pullback is expected, followed by a long. Aggressive entry module
Last week began with bearish consolidation, which was short-lived. The bulls quickly regained control, established a daily higher low, and broke through the previous week's resistance at 524.1 . Although the breakout was not very strong, it was still meaningful. The March close was very strong, posting a +3% gain, and both weekly and daily charts are indicating...
Let's dive into analyzing and examining this cryptocurrency, as it might provide us with trading opportunities this week. 📊💰 Currently, the coin has been on an uptrend in the weekly timeframe, reaching resistance at 8.466 and retracing to support at 6.204. This support has acted as a reversal point several times, indicating its significance. 📈🔄 For a short...
Finally! Volume candles is now available! A new feature that can add a lot of depth and confluence to your analysis. In this trade idea, I'll show you how to use volume candles as an extra tool for analyzing markets across different timeframes. It's a handy trick that can give you some valuable insights. Let's dive in and explore how it works. 12M - 6M...
This is my Intraday analysis on EURUSD for 4 Apr 2024 W14 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg. ...
On the above 10-day chart price action has increased 80% since the year began. A number of reason now exist to collecting profits. They include: 1) Price action and RSI support breakouts. 2) Weekly bear flag confirmation pattern. 3) Hidden bearish divergence. 4) The bear flag extension mark the correction for this flag to 32 dollars. Is it possible price...
Injective is one of the AI-related altcoins which grew by +800% after the channel breakout. Now the price consolidating in a channel and you can buy it close to the bottom and sell at the top of the channel. The main question is at what side the channel will be broken! Additional question, if the price have enough power to grow by 700% as the continuation of the...
NZDCAD nicely respected a recently broken key horizontal daily support. After its bearish violation, an underlined blue area turned into resistance. Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmation. We can expect a retracement at least to 0.8136 ❤️Please, support my work...
The greenback might be showing signs of a peak -- despite strong economic data and a favorable macro environment. The first pattern on today’s chart of the U.S. Dollar index is the price line around 105. DXY stalled at this level in mid-February and again this week. Some traders may view that double top as a bearish reversal pattern. Second, the resistance is...