Hi guys. As always, im on the lookout for macro developments or signals found in assets. Which pose for high probability/ best scenario for taking positions. Rumble (RUM) is on my radar for this idea post. My analysis is on the 1 week timeframe. As you can see RUM has been in a Descending channel since Feb 2022. Recently we reached the bottom of the channel at...
4h Trend change by confirming on daily tf, price is clearly making HH,HL's. Price currently in Discount Range, Potential Buying setup would be at Recent 4h Demand Zone, i would be looking for target above the 50% of the 4h recent leg
We expect further upside on this pair, signalled by the formation of a double bottom pattern We can also see the breakout, close and retest of price above a key level on lower time frames, further supporting our directional basis.
Okay,I know we all been watching the steady downtrend of EURONEXT:ALGO for a very long time but hear me out, I think its finally time it starts to pop off. Monthly has reached a strong support zone. Multiple candles rejecting. Higher time frames showing clear rejections where price has finally made the same low. Double bottom formation. For ideal traders, I will...
Hi guys! This is a Technical Analysis on this relatively new company Informatica, Inc. (INFA). But the focus is not the company but rather on finding these specific trends in price action. This analysis is done on the 1 Week timeframe. Main takeaway is that its powerful to be able to identify when Price action reaches a Major Resistance or Support level. It can...
Here's a companion chart to the recent DXY comparison chart posted.
In the 90's the DXY capitulated after completing a trend based time measurement. Trend based time fib tool used with 3 anchor points utilizing the 2 lows and a high. If we use the same tools on the current data we can see that there is another opportunity coming that looks strikingly similar to the chart from the 90's. US Government shut down is imminent and if...
Hi guys! This is a Technical analysis on CVS Health Corporation (CVS) on the 3 day timeframe. We discuss some Current developments on CVS, which maybe pointing to signs of potential opportunity to invest/ hold CVS. We've had a deathcross that has brought us down more than 38%. Which has lead us to a critical support trendline that has acted as support since...
Hi guys! With this years bullish activity, ive been on the hunt to find assets that are down 50%+ and with unignorable strong technical signs of bottoming that will pull in bullish activity. One that i have noticed to have some nice technical signs playing out in my opinion is UiPath,Inc (PATH). This analysis is on the 1 Week timeframe giving us Macro insights....
currently gold is trading in a bearish wedge pattern n D1 chart.Also it has been reacting for the 1910-1912 very strong resistance and the EMA 200 was supporting for the rejection the situations like this what we can expect the higher rejection to the upside is possible .if gold trade above 1920 and behave steady above that area will move gold to 1929-30 strong resistance
Hi Guys! This is a Technical Analysis on Sprott Uranium Miners ETF (URNM) on the 1 Week Timeframe. We are currently in the process of BREAKING OUT of the Major Resistance Trend that started from November 2021. Just KEEP in MIND -> The candle closes end of the trading week. So if end of week we are still ABOVE the resistance line thats 50% of the work done for...
Changing a trend is not a simple task; it requires significant time and effort. However, the market typically provides us with valuable information in the form of a trend changing pattern before we witness a confirmed shift in the trend. The strength of the existing trend plays a crucial role in determining the duration needed for the trend reversal to...
I am providing an update on the ongoing CADJPY sell trade. All the confirmation levels have aligned in favour of the short position, validating our initial analysis. As anticipated, the price swiftly broke below the 1dh (one-day high) and continued its downward movement, breaching the structure (4). This development confirms the bearish momentum in the...
FX:EURUSD is in a pullback after a 4H TC, entering a 4H demand zone with no reaction yet, waiting for big banks to lunch their trades maybe after the ISM . Keep in mind that the daily is bearish .
We have observed a significant development on the daily chart known as a Structural Failure, indicating a potential shift in the trend. The price experienced a notable pullback beginning on Friday, and today, analyzing the daily candles using the 4Bar rule, we have noticed a stronger downward conviction on the 5-minute chart. If the price remains below the 1DH...
Earlier today we saw a trend changing pattern in EURUSD. In light of this move, we are expecting another attempt to break lower. More info in the video. Enjoy
STARHEALTH : Breakout Trend Change : U can clearly see Trend Change happening as its making HH & HL Structure. Good Volumes & Strength Quick 5-10% Possible then keep trailling Follow for more Learning and Earning.
Hi Dears Do you heard about WOW TRADE strategy? We have a higher time frame trendline line (weekly). We are near the demand in control zone of higher timeframe. We break the trendline and after that we have a pullback to the trendline, base that cause this breaking or break even zone. After that the price will be in the moon. And now we are watching this...