I had mentioned that price is looking like it wants to retrace. Its stalling a bit. Kinda looking like it does not want to make the move so being cautious. but not interested in selling until I see a healthy pullback to solidify a stronger move.
As I watch the price action I am seeing a lot of fighting between the bears and bulls and we could see price change direction and go bullish on GU for a moment.
Today we use our TrendCloud Reversal signals to set up a beautiful trade on Natural Gas and also take a Trend Following trade on Platinum. If you want to trade the same type of setups then feel free to click the link in my profile and take advantage of this working trade plan that is making money in 2024. Enjoy! Chris Juliano
GU moving Choppy cause its not ready to make the ultimate bear move yet. Looking for a breakout to the upside to set us up for a much better sell opportunity.
As we hope into this new week I'm starting the week looking for a break of highs. Ultimately I'm bearish but need to see this break for them to go full on bearish. For a much better entry on a short. Long as I see the volume continue to support the Narrative I will get in where I can.
Here is the TrendCloud Trading Analysis of BABA. If you are looking to be a buyer and accumulate this stock then here is an edge you can use. All 3 charts are in a downtrend and momentum is also down. This is very powerful and we can not start buying yet. Take a look at the demand zone coming up on the daily chart. We can look for trend reversal patterns...
The first week of 2024 the US market opened around the high and closed around the low. It is very similar in 2022 and 2023. And what is the market telling us from the first week of 2024 and the direction for the rest of the year? We are going match the fundamental reason with this technical observation over the last two years. Also, what is the key...
As we continue to monitor GU we are looking for signs of a reversal. Price can flip and go bearish at any time now. So we are looking for a high to be made for the week first so that we can start looking for signs price wants to shift direction.
They used the previously Weekly high as support. Pulled back a little deeper than I expected. But all still lines up to break new highs. With this new Data I can see News on GBP tomorrow helping to give that spike I'm looking for.
Now that we to another London Session and it is Tues I clearly see signs that this trend wants to continue bullish for now. So long as I see Order Flow continue to line up with how the pattern is printing then I continue to remain bullish. No news till tomorrow. So lets see where today takes us!
More bullish pressure to the upside. With the way price is moving I'm now looking for a possible break of highs, then signs that we can possibly reverse and become bearish. Since we dont have any early week news there is no excuse to move price just yet so its likely it will continue moving in the direction of the trend until some news happens. Make sure you...
We are charting NASDAQ:TSLA NYSE:HLT and NASDAQ:MSFT for potential entries on Monday.
Welcome back! Let me know your thoughts in the comments! ** AUDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
🥇 Best indicator on ProRealTime MarketPlace - Now available on TradingView ✔️ Identify ranges and the next probable moves ✔️ Get the earliest signals and the strength of Trends ✔️ Get clear exits before reversal ✔️ Spot the Fibo levels the price will test --------------------------------------------------------------- Trading is Timing ! Stop being too...
BTST trade carried based on S/R levels as per the Option chain, further identified "M" pattern in smaller time frame to have a view for trading. Was able to confidently carry the trade on weekend as per the support level and was sure for gap up opening today on Monday. Full video of this trade is already uploaded in part 1 & 2. Click on link below in related ideas.
Welcome to the coffee shop everybody and this is your host and baristo Eric. the bull bear power void has had a massive update since the last time I have been in the shop. So thanks for joining me on this one. THE BACKGROUND: I have recalculated the background to show you when you are looking for Longs and when you are looking for short trades. It's simple...
Bulls look like they're staring to lose volume inside this weekly supply zone, after almost 3 months of trending bullish are we looking at a potential trend reversal? Today i'll be anticipating a fakeout to the lows before closing back inside the 1/4H range and then testing previous resistance, however if price breaks down and closes below current supply i'll be...
So price right now is grabbing my attention as we are at a way better spot for entry, 61% retracement at the time of writing this so definitely interested in buys if we continue this rejection. Remember its the start of the week so stay patient we will always have opportunities throughout the week so no need to rush any trades.