GBPJPY broke through short term downtrend line upward from demand zone around 142.500 price above SMA 100 MACD shows start of bullish momentum price forming shark harmonic pattern confirming bullish movement to supply zone around 144.500
gold rebounded from uptrend line breaking through SMA 100 price at the end of bearish correction wave 4 from elliot waves ,start its bullish impulse wave 5 MACD shows start of bullish momentum RSI above 50 so its expect further buying to supply zone around 1600
gbpaud based on demand zone around 1.92000 price above SMA 100 RSI formed double bottom pattern broke through neckline above level 50 MACD shows bullish momentum so its expect bullish movement to supply zone around 1.95000
audusd upwards from demand zone at level 0.68600 based on short term uptrend line and small flag pattern RSI above level 50 MACD shows bullish momentum price forming batt harmonic pattern confirming upwards to resistance area and harmonic pattern target around 0.70400 .
I analyze the price of COINBASE:BTCUSD to do something similar as seen on chart. They want the price higher and will most likely do some weird "liquidating" type moves in both directions before moving to the next price range higher. Volume is the biggest indicator in crypto, in my opinion, and the hardest to predict as to when it will come. Setting volume...
I've had a lot of success trading these 'magic fibo' numbers. IF the price comes up to test the 61.8% retracement (~129.895) of recent down move, test it, fails to break through, reverses, we have a pretty, pretty good look here to make a high probability swing trade down. We are looking to IDEALLY take profit at ~127.337.. I felt that volume profile was...
1/24/2018 FEYE has been on my radar for a while. This lackluster stock has not moved above its resistance and has yet to have a profitable year. Fourth Quarter 2017 should be close to breakeven for this company. Need to pay attention to the earnings release. Technically, it has created a nice bell shape (normal) distribution on the profile with a point of...
We have a good chance of recovering if all goes well with the Brexit negotiations.
I think we have a good chance of recovering if all goes well with the Brexit negotiations.
a few oil stocks to consider - looking to re-enter
a few oil stocks to consider
By useing the volume profile, you can identify areas of high trade activity and high volume at each price level. This will allow us to see areas that act like a "magnet" to pull price into these high frequency zones.
Gold fell to a new 2 week low during Wednesday's trading. That is, until the end of the day when the administration's tax plan was released and Gold rallied higher to close the trading session. However, Gold met resistance at the 21 day moving average and if you look at the Heikin-Ashi chart below, today's trading ended in a strong red Heikin-Ashi candle. That...
watching mt which has been trading around its 52 week high. We had a breakout of the high recently which since pulled back and consolidated some. I like the volumes here showing some volatility with higher than usual volumes particularly on the swing low. I think this one could pop with sector also outperforming if we come back up will look to place a buy stop...
3/3 EXPR has rejected the High Value are between 10.25 and 10.75. Due to the recent consolidation I am expecting a move higher with target at 12.50 just before the Low Volume Node and the 200 Daily Moving Average. Long EXPR