Approach this with care. Medium confidence on the Resistance Line due to a lack of touch-points. Strong level of support, confirmed multiple times over the past 5 months in an uptrend corridor. Ascending Triangle formed within, just broken out. Place a Limit Entry to ensure triangle support confirmation and decrease risk. - Historical Uptrend and All-time...
Clear Uptrend Corridor with Support and Resistance confirmed multiple times over the past 2 months. Ascending Triangle formed within, breaking through consolidation. I would place a limit entry order to confirm the new support. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $238.65 Suggested Stop Loss $232.37 Target price $265
Follow up from yesterday looking for bullish moves off 106.750, last few hours we have seen exactly that but I can see price has been making higher lows on a bit of down Trend, price could make its was back to 106.750 and break or break the last lower high to start another bullish move back to next resistance at 107.700. I missed my entry from the low but will be...
Lucky to catch the move on Friday off 1.35000 to make its way back up to 1.36250, these two areas I've highlighted as price is moving sideways bouncing back and forward. Fridays daily closed with yet another spike into 1.36250 then starting to sell off again showing the selling pressure, ill be looking at a possible move back down to 1.35000 it may happen early...
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PDN has been in our watch for a long time. Looking from a monthly prospective a possible double bottom is forming. If the break of the neck line occur we expect over 200% rally from current levels. The break of that neckline could also be the beginning of the bull rally that the U-Bulls are waiting for years. In all these years since the last radioactive...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures ( CME_MINI:ES1! ) for 4 May 2020 trading session. In this video, I am going to show you the market recap on last Friday session, the bias for swing and intraday trading, the key levels to pay attention to, and the potential setup for the US session later. 1 May 2020...
29 Apr 2020 recap - S&P 500 ( CME_MINI:ES1! ) had a clean and strong breakout of the level 2900 with increasing volume and close near the high. The price spread for yesterday session was large and bullish. This confirms my previous post on the potential supply absorption scenario for S&P 500. Refer to the video yesterday below where I mentioned possible supply...
Analysis level - (advanced) wave analysis please don’t forget to follow for more ideas. i’ll post basic type of analysis for new traders and advanced analysis for professionals. On the BTCUSDT 1D chart, As the cycle degree, it looks like wave ((IV)) down of an ascending impulse is underway. Wave - ((IV)) impulse R/R - Extremely high Target - 6699.95 (13.4...
Check out the video above for a complete walk through of the daily market analysis of S&P 500 futures ( CME_MINI:ES1! ) for 29 Apr 2020 trading session. Close to the end of the video, I answered a question from reader regarding how to initiate short entry after an up thrust by revealing yesterday's intraday trade. 28 Apr 2020 recap - on the daily chart, S&P 500...
Kindly follow for daily new ideas.💡 feel free to contact in Personal if you have any doubts. I’ll always help for free. :) . Impulsive Elliott wave in 1day chart of Bitcoin/USDT . If you’re long term hodler, You do not need to worry because on weekly chart it is still on 1st wave. (yes, this is good news ;) ) This is a simple yet advanced level technical...
27 Apr 2020 recap - on the daily chart, S&P 500 continued to edge higher with decreasing spread and slightly lower volume compared to last Friday's session. During the last hour, it attempted to test the swing high at 2885 but was rejected and closed at 2869, which is inline with my daily market analysis from yesterday. Feel free to check out my market analysis...
NASDAQ:ALEC Hey Guys, today i´d like to showcase you a sharp ooking Long Setup for a shorter time frame. We are looking here at an uplifting and trending Bio TECH Stock that has shows previous Strenght when the market had its weakness. Alector, Inc. operates as a clinical-stage biopharmaceutical company. They are developing therapeutics for the treatment of...
24 Apr 2020 recap -As mentioned previously in the S&P 500 market analysis ( CME_MINI:ES1! ) after the down wave from 20–21 Apr, which is a change of character stopping the up move to at least a trading range (if not a reversal). Refer below if you are wondering: There is no excessive supply after the down wave. So far, S&P 500 is able to overcome a few key...
23 Apr 2020 recap -After the announcement of the jobless claims report, S&P 500 rallied up above 2800. The up swing continued after the US session opened and tested the axis line of 2830 as mentioned in my previous video on 23 Apr 2020 on the short squeeze scenario. Yet, the rally was unsustainable and closed lower at 2780.75. This was the first time for the S&P...
Hi traders, Lets keep an eye on lower time frame for your sell setups.
22 Apr 2020 recap - S&P 500 futures ( CME_MINI:ES1! ) tested support level at 2800 and gave back the gain during the London session while digesting the volatile oil trading session and waiting for US jobless claims report later. The rally from yesterday has shown rejection twice from level 2800. It is worth to note that the rally also tested the up channel, which...