On the 30-minute chart, I have drawn the upper (red) and lower (green) trendlines of the descending parallel channel. While it had been riding the upper edge of the Fibonacci/ EMA channel, it has reversed and headed toward the base EMA with the candles green to red. The zero-lag MACD indicator lines crossed above the histogram while the True Strength...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD. * Looking at EURJPY London session TRADE which my play out NEW-YORK SESSION * Asian session took out last Fridays HIGHS taking ASIAN buy side liquidity * waiting on some market structure shift as price is delivered this morning torwads the upside. - momentum is significantly bullish so this trade might play out...
Lets find out how to use orderflow o spot end of a trend/reversal. hope this helps you guys
Summary: Main bearish trend (dotted teal downtrend line) Reversal attempt in progress (purple uptrend line) 200-SMA breakout in jan-2023 Failure to continue the breakout (failed bull flag - orange lines) Arrow #3 as a good entry option for a bear trade. Possible beginning of a new bearish leg, aligned with the main trend Possibility to...
EURUSD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the...
after the short attach on Muln that opened after we broke our ascending line at the 16th of feb, we went down to test our support above the 0.25$, which we broke it now, we need to hold above our current box between (0.18$/0.20$), in order to have a reversal and then test our current resistant below the 0.25$, which will give us the first signal for several and...
This counter can move up to 335 in the next few weeks. One should track this counter for knowledge purposes. At attractive valuations and reverse zones on technical charts.
Downtrending but with diminishing candle ranges and Dojis. The MACD oscillator has lines crossed under the histogram. Currently priced more than one standard deviation below VWAP and ready for entry. See also ENPH, SEGD, SUNW, and the ETF- TAN.
We have an alert for a sell on USDCAD. Trading on the 30M timeframe. I'm using my POW EDGE reversal strategy for this trade idea. Little red arrow is entry point. Red trade label shows trade details. Green lines are TP and purple lines SL. Stats for the strategy can be found at base of idea. Chart shows previous trades from last week. Strategy is in a...
Some structure and context for potential intraday longs through next week. - Multi time frame large candle origin points - Linear regression channel (anchored to highs and lows I'm interested in) - High and low of valid range - Squeeze bar color and mean reversion channel from a personal script - Volume profile for refined targets, and likely zones of...
USDCAD short trade has alerted. Reversal trade identified and entered. Working the 30M timeframe. Trade details can be found on the chart in the red label. Trade box is tracking the trade. Has USD strength ran out of steam on this pair? Who knows be it a change in the trend or a slight retrace I have a 77 pip target for my TP to be met. We'll see where...
EURUSD long trade has alerted this morning. Reversal trade identified and entered. Working the 15M timeframe. Trade details can be found on the chart in the green label. Trade box is tracking the trade. Want to know how I identified this trade you know what to do. Thanks for looking Darren🙌
Alert has presented on EURUSD. Short reversal trade identified and entered. Working the 15M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Trade is currently running in blue but we'll see where we end up. Jackson Hole Symposium starts today so this trade will be finished today be it a TP or a SL as expect...
Hello Traders, In Today's trading session we will be monitoring EURJPY for a Selling opportunity in and around 137 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers. - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS!...
COGY a biotechonology stock is doing what others in the sector typically do in their performance when they ignore general market dynamics and often hold up in recessions. COGT has 4Xed since May earnings so ALPHA is high. Right now the RSI is down trending so showing bearish divergence. Additionally, the mass index went over the threshold and then under the...
Hello Traders, In the upcoming month we will be monitoring NZDUSD for a Buying opportunity in and around 0.61 demand area. Once we get a Bullish confirmation the trade will be executed and shared with our premium subscribers. - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR...
I have an alert for a GBPNZD short. Reversal trade identified and entered. Working the 20M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Want to know how I identified this trade you know what to do. Thanks for looking Darren🙌
NASDAQ:LXRX LXRX has gained over 100% in the past month However it appears to be forming a double top in a potential short trade setup on the two hour chart. The K/D crossover on the hot RSI oscillator provides confirmation. Short Sale Volume is rising in the past two days. Findamentals - LXRX has a new medication for heart failure a common medical problem...