What a moon shot. We accelerate to the upside at the close which is bullish. Previous post: Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour...
Do i need to explain lol i like color coding my timeframes, lines and other markings that correspond to a TF so everything in color... Black - Monthly Green - Weekly Blue - Daily Other TFs Violet - H4 Teal - H1 Orange - M15
hoping for my last trendline to be the local bottom. "febreary" shall become bulls parade!
CADJPY - Trade idea Pattern: A break to either direction. Highs: 98.170 Lows: 97.440 If we go below the lows, expect 97 areas to be your target adding confluence with trendline support If we go above the highs, expect a retest of the highs of 98 half areas. Have a great day ahead, Trade Journal
The price indicates a rebound within the support range where the price test attempted to break the MA13 line without having a large volume, hence, unable to close above the MA line. RSI and MACD indicate a divergence signal due to fresh buying interest in the stock. The candlestick pattern indicates the stock has the potential to continue the price uptrend in...
• NIO is in a short-term bear trend, but it just hit a support level, and it is reacting; • The support at $9.53 (red line) is our key point. This is the third time NIO hit this line, and in order to resume the bear trend, it has to break it as soon as possible; • If NIO bounces again, there’s a clear resistance level around the purple line – a trend line...
Here we are looking at NDX on the daily TF. As shown on the chart, we are analyzing two supports (Green). It’s important to note that these are both support lines. The upsloping on (the bottom one) and the horizontal trend line (top trend line) will both serve as strong support. Once target 1 is hit, there will be a small bounce for a few weeks to a couple of...
EUR USD WEEKLY - overextended to top of boilinger band - @ Key zone - Showed Loss of Buyer momentum Daily - BB TOUCH - 2 nd weak approach of buyer to level, looking for sell scalps now on 4H SELL: 1.04260 TP: 1.03960 (TP1) TP: 1.03850 (tp2) WHICH is Previous days Low
• NIO is in a critical key point right now, around the support level of a Bearish Flag chart pattern; • Since last week, NIO has been dropping while the volume was low, a sign of weakness; • If NIO triggers this bearish flag, it’ll resume the bear trend and the next technical support for it would be the purple trend line in the weekly chart, below the $8; • In...
after a funny week in crypto we are still respecting this trend line. All the way from ath its respected this line. I am thinking next week or two will be a rough ride. Especially if it breaks under the trend line
US Dollar index is short, which means I'm only looking for long positions on the EURUSD
Hi, For my daily trades and for swing trades also I'm using historical levels of this pair and trend lines ; volume profile. Volume profile. VWAP and trend lines are my main weapons to have some perfect trades with 2R+ I always start with the highest time frame and I'm going down up to 15 mins. In this way, I will have always a clear vision for what matters
I see a possible Order block short setup on EUR/USD in the 4-Hour Chart. Last week, I suggested that the major 4-hour support has been tapped multiple times. We were speaking about how lines of support eventually break if the price keeps tapping the same price point. Well, we have seen a breakthrough. Now, we need to be careful of false breakouts. We have a...
Evening folks. Ive been looking at these charts for a few weeks now and it looks like we are setting up to hit previous lows or possible new lows. As you can see we have bounced of the resistance trend line which seems to be a pretty strong resistance. We've had price break below the cloud which is part of my ichimoku strategy. What im waiting for are the red...
TSLA is continuing to trend downward while China is melting down and the TSLA giga factory is underproductive. The chart shows a fall from the upper trendline of resistance confirmed by the MACD lines flipping above the histogram. Targets for the trade are the mid-range Fibonacci levels in the retracted of the up trend so about 258 and final take profit...
When LTC is in a Bull Run right now. However, I would prepare for a drop therefore, I plan to take a profit of 56.86. Then waiting to see if the market will drop or not.
SBUX looks like it continue downward for at least a few more weeks. That is, until the fall white girls convention at your local Starbucks.