Essential and robust reasons for a bullish move: 1-RATE CUTS are coming soon! Everyone knows it, but big players want you to be a SELLER! ( THEY BUY). 2. The COT date confirms this! (Commercials are BUYERS! While non-commercials (poor trapped traders) are sellers). 3. Many strong support lines, levels, and patterns push the price up. ( Head and shoulder, two...
On 4h TF I think FXS hardly to breakout the resistance for this time Liquidity can happen, that's potential short with high risk Wait for next move
the chart is that of the 1 day vix abc rally is forming in VIX this would see the setup to under 12 PANIC CYCLE DECLINES 8 TO 13 TD . SEE XLU 13 DAYS
NASDAQ:NFLX had a run after finally finding a way to stop and monetize password sharing via an ad-based subscription. Now, where does it go from here? In this content war, where companies are jockeying for the best scripts and distribution rights, NFLX still has a leg up being the first one with legacy viewers. NYSE:DIS has the most content, but it still faces...
Based on the weekly market structure the following statements can be made: - Following the previous 3 week's trend, we are looking at a classic market maker dump&pump scheme. 1) price is dropping on Monday and thuesday. 2) On Wednesday price normally makes a fakeout to the downside, trapping breakout traders 3) Market makers pump prices to the opposite...
Following up on my idea yesterday Look at that~! Set up was BEAUTIFUL yesterday with shorts and bears over extended. And where do they find liquidity after the highs are broken? Nowhere but above 4011.
My prediction is that price will reverse upward from these lower levels. I've added an element in my algo to detect where price doesn't go in a given day. From backtesting and spending hours analyzing across multiple pairs, I can confidently say that price usually fulfills a set range before extending to lower or higher price levels. When it doesn't fulfill those...
Weird day today with NYSE VOLD up all day while NASDAQ VOLDQ down all day. Clearly shown by the big range indecision movements. Key level to watch for a potentially huge bull run - $4011 area, a breakout could trigger a significant bull run and catch shorts off-guard Any thoughts? $SPY $SPX $ES $QQQ $NAS $NQ
GodrejProp on daily chart gave fake breakdown 2 times of major support to attract sellers.. Now after getting trapped, all their stoplosses will get hit as soon as it gives a breakout of previous swing high or W pattern neckline. Taking it 1700 levels in coming time. It can be a good option to invest for 3-4 months.
We are are pushing up into new yearly highs. Price has nibbled through a few times from what it looks like from the three push pattern. It was good for a 150 pip drop. Sellers who took their profits are good. What about the sellers who anticipated a further drop and held on? They are in serious heat right now and trailing/break even stops have been hit. Now we...
I see a lot of accumulated volume underneath large timeframe breakout levels.There are weekly breakouts,monthly,and the year being pushed down. Sellers are chasing it down and it has already broken past my first 2 levels. In the coming days or weeks, I'm looking for price to hit the rest of my levels before reversing to hit the chasers and breakouts. FX:AUDUSD
This is a similar setup to GBP/USD. I wouldn't expect a deep dig underneath the buyzone.Maybe accumulation and a stops hit below it before reversing. When I'm calling tops and bottoms, that don't mean that price will trend up or down for eternity from there. These are setups I'm confident with to add size into or have a wider stop. I don't know what the market...
We're currently well above the VAH (blue dotted line). BTC has failed multiple times to break through the top of the horizontal channel. These are signs of weakness. What's more, on the above image, you can see a wick above the channel on high volume, which means a lot of longs have opened at the top. Right after, we see a rejection on high volume. This means...
When trading most of us entry our trades TOO EARLY. Ofcouse we don't want to miss the opportunity to make money. This is one of us basic fear and its called "fear of missing out" Everybody knows this fear but we still feel it. And it is not just trading. You feel it when your friends go out and they did not invite so you feel miserable and left out. So its natural...
Price is approaching the trendline breakout zone without fully mitigating the supply above which suggests to me a potential false breakout. Ideally, I would like to see sellers get trapped and liquidated. before I join swing sells. I have illustrated what I would like to see. if you have other ideas, let me know in the comment section. 💬
It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings. A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays. There are some things you can notate before you play an...
whales manipulating bitcoin to the down side being sneaky Heres how they are doing it: They are buying bitcoin, etheum, etc in very small increments so trades are not noticed and retail can capitalized on it by selling into spikes. Then they keep acculating until they see retail coming in to buy when fomo comes in As soon as the algos determine they have enough...
The impulse breakout from the morning announcement has a bullish imbalance within it. As soon as the imbalance is filled on the footprint, we can proceed to buy into the trapped buyer zone. Updates to follow Alkalites! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto,...