CGC CRON ACB APHA TLRY VFF HEXO TGOD OGI Clear lines in the sand that bulls must get over to shift momentum on the daily charts. So far only VFF has done so If these resistances break, zoom out to the weekly charts, we're just looking for weekly lower highs.
This is a mid-term short play that i spotted on S&P 500 that will most likely play out within a month. This is definitely not a scalp or swing trade. Key levels marked out on chart: 1) 2018 High 2) Quarterly Opens 3) Monthly Open 4) Grey box - Weekly block that provided support previously Bearish Bias: - Monthly Bearish Divergence : Price keep printing Higher...
IAN clear daily levels are defined, lines in the sand for bulls to shift momentum or bears to continue momentum.
Today’s main focus on the economic calendar is the FOMC statement by Fed Chairman Powell. Reporters will surely pressure him for details as to the possibility of a rate cut later this year. Earlier this month Powell stated that the economy is growing but due to trade tensions the Central bank will “act as appropriate to sustain expansion, and while he never used...
I believe we are seeing a shift in the market structure on this pair after creating a new Higher High after a series of Lower Highs.
In this video update, we take a look at USDJPY as price looks to be finding support at the key demand zone. The US Stock markets also finding support shows a potential shift to a risk on market. This should see the sell-off in JPY and a change in cycle on the 4hr timeframe. A close above 110.00 will be ideal for long opportunities to 111.00.
We're coming to the conclusion of this pattern, and it's starting to get exciting- the real battle between the bulls & bears is about to begin! In this video, we look at XRP/USD, BTC/USD, as well as XRP/BTC - so this is a 3 for 1 deal! As you'll see, I believe we're about to see a rather massive parabolic shift in XRP/BTC as BTC is coming up against some...
Big indecission in the markets leads to the situation being careful with trend following approaches. The system of choice to get some points currently is a range strategy monitoring price action at the edges of support and resistance. Is there a shift in demand and supply recognizable a trade away from support to resistance and vice versa could come up.
Good morning folks, Happy Saturday! Hope you're enjoying yourself this weekend. I've posted my BTC analysis to inform you of some of the happenings in the local price action and provided updates on my trades. If you have any questions, message me. ---------- ATTN Positions I'm closing by tonight March 22nd, at the following P & L: WAN -7% average loss (5-7.5%...
TRUL is at an important point in it's weekly setup and is in a current 2hr equlibrium - the break of which will dictate direction for the coming days and shift the odds of how the weekly setup will play out
Depend on a few conditions : - the close of the next H4 candlestick below strong resistance - a break of structure below the previous Higher lows to signal a possible change in trend - retest of a mid-range support and a higher timeframe trendline - along some sort of bearish confirmation on the smaller timeframes - and for added confirmation a cross of the...
We explore Long Term BTC charts and overlay the typical technical analysis with some juicy new info that just came available that makes so much sense...it made me shift my bias a bit. Shout out to Marquito for pointing out a technical nuance in the charts...(Happens to be backed by strong probabilities) We examine the long term setup on BTC. (Bullish) We...
Howdy Yall! Today's episode (Episode 4) of The Trend is a two chart special! We take a look at multiple time scales, and issue ideas for short, medium, and slightly longer term trades. Furthermore we take a look at the long term phase change and discuss the possibility of us having undergone an important shift in market behavior. A potential Wyckoff...