APD is an S&P 500 index component. APD has a highly unusual inverted candlestick pattern suggesting hidden momentum. Usually candlesticks shrink in size as a stock runs up over an extended period of time. APD candles are much larger at this level than at previous price levels below.
DRAWN BY SHAUN HAQUE His zones and price levels are just perfect. How does he do it? Wish I knew.
Ever since SQ broke its downtrend from the all-time high at the beginning of 2019, our team at PLT has been watching for great intra-day and swing trade setups. SQ is one of our favorite companies to always remain bullish on due to the products and services they offer in the Fin-tech industry. This trade was planned on January 18, 2019 over the weekend to enter...
The price was broken at the the trend line. The break of the trend signals a downward movement this will be confirmed by a momentum candle to the downside The candle was tested and rejected. The lower-end of the trend line is the current price area of dominance.
Just a small observation that I made while browsing the lower time frames.. I know its new years.. but I enjoy it lol
There has been a ton of relevant action at that median line and so I think a retest of it isn't out of the question. It is possible that we bounce before that, but I would be very comfortable using a large amount of capital on this play. Really nice RR and also a pretty tight stop loss.
The 4hr timeframe chart is used in this analysis to inspect price action in LTUCUSD. Three things to keep in mind in this case are highlighted on the chart and discussed below: (1) The major trendline in Litecoin (LTCUSD) since ~January 06, 2018. This bearish trendline is still active and its implication is that it is safest to initiate a position only when price...
Roadmap to get us out of this correction (ideal setup) & Next key pricelevels to watch. If we hold 7040$ (preferably, or else 6425$) the bullish wave count is still in place. Sure you could argue the retracement from 9990$ was bigger than anticipated but the bullish count has not been jeopardized as of yet. Last update I said we might see a bounce from the 0,5...
Bitcoin nailed the 0.5 retrace (from bottom to top) and is currently testing it's 0.618 and previous downwards channel resistance (previous support). This bounce from 8200$ has been very very technical. Congratulations on this obvious Long position. Wave 2 should be completed now (as long 8200$ is our bottom). Wave 3 will head towards 13000$. That might take...
Bitcoin is still following my previous chart nicely. It has been in this upwards channel for the past 3 weeks. Until this channel is broken downwards I don't see any problems for the bulls. I noticed the selling volume (after breaking minor supports, mostly in huge sellspikes) being bought up straight away by big players. And if theres no selling volume bitcoin...
Simple question: Will it breakdown to the support of 8400-8500$ or will it breakup to retest the previous resistances of 9100-9200$? Share your thoughts.
Bulls still accumulating? Bears are trying hard with little result so far. RSI is cooling down for another leg up (as long as this ascending triangle keeps intact). Feedback always welcome. Have a good day!
Chart is self explanatory.
Chart is self explanatory.
I'm not trading COINBASE:BTCUSD or cryptos actively but "a chart is a chart" as my my master (he's called MightyOne) says. This is how i draw price levels (Supply&Demand) over my charts: 1) Supply is a zone (it doesn't matter how you are drawing it) around the top aka 0% or 25% RET in this chart. 2) Demand is a zone (it doesn't matter how you are drawing it)...
This Trade is a simple short, given the overbought strength into resistance. If I see some more bearish candles, I will be shorting. Will update with entry levels! Check Out Our Focused Forex Chat! atlas-trading.signup.team
price at monthly resistance, see what happens, long on breaktrough