Got in both of the trades. Same as GU I think EU is going for the HTF order/liquidity points. I'm still in the long. What do you think? DBR = Drop Base Rally Demand Zone Arrows = inducements
Nifty has entered the supply zones Cluster, it cannot go further no matter what ranges of Dow futures or FTSE openings try to escalate it. CE at this moment would be a disaster. Trendline breakdown would give you a better way out and short the 17200 strike price till it reaches at the end of Wednesday's closing.
Primary Chart: AMD's YTD Parallel Channel and Short-Term 2.5 Month Parallel Channel This post will provide only a brief update to the more detailed technical discussions of AMD from last week. The more detailed technical analysis is contained in a pair of AMD posts linked on the Primary Chart above. 1. Nothing has changed with regard to AMD's larger downtrend...
Dark Pool buy zones tend to provide strong support for stocks running down. If a stock violates the lows of such support, the rebound tends to come quickly, erasing any sell short profits. This young EV auto manufacturing company is near its IPO price range, which is strong support. The retest of the lows of this bottoming action doesn't show much downside...
Chart 1 : BTCUSD's Downward Breakout From Bear-Flag Channel (Chart 1 also includes a hypothetical price path showing one probable way that price could retest the channel and the downward trendline that has held as resistance since November 2021. BTC's Downward Breakout from Parallel Channel/b] On August 19, 2022, BTC fell over -10%, breaking out below its...
Hey y'all I've been watching MSFT as of late as I think it is in the process of redistribution before the next leg down. If you take a close look at what MSFT has been doing lately, you may notice that what it is doing looks quite similar to the leadup to the fakeout rally it had in March. I am currently expecting a very similar move, and am looking to buy any...
- Expecting USDJPY to get rejected by top of the parallel channel and make a HH. - Regarding recent patterns that have appeared in many commodities such as crypto, stocks, futures and FX, being aware of a possible bull trap or a whipsaw is important. - Entering short at the top of the red channel or after re-entering blue trend line might be some good trading setups.
This is a typical bullish Wolve Wave that is on the final leg down currently. Expecting whipsaw reversal starting as soon as tomorrow, but main bullish price action will be around June 15 on the full moon (literally howl at the moon). Expecting the yellow trajectory to play out and complete EW wave (5) around 430. The chart contains all the info you need to know,...
Hi, If the neckline will be broken, there are two important level. First one is Whipsaw and the second one is Demand Zone. Personally, I expect pullback from the whipsaw to the neckline and then price move to the demand zone. But dont forget that in the big picture, structure is clearly BULLISH!!!
DXY made a pump from the area last idea mentioned. Despite making a noticeable upward move, the precious metals market seemed unfazed and managed to defend previous bottom areas well. Now it appears more likely that Dollar is not able to sustain the rally, and the arrows indicate potential downward move areas. A bounce from these areas is possible Feds continue...
Whilst the Indian market tends to follow the DJI a fair amount - as do other indices - there is major trouble with the virus in India, which probably exceeds that in America. (Expand the chart for a better view) This is a market worth stalking. It may follow the DJI to some extent, but history has shown that it can do 'it's own thing'. The current position is...
Recently the market has bogged a lot of people. 2 fake break outs on June 10th and June 22nd. They seemed promising but S and P 500 correlation saw btc drop when indexes dropped. Thus index analysis is important for btc analysis.That being said now days the less obvious move is what the market has been doing. Things can still be bullish to a retirement to the...
Was shorting early for this pair but suddenly shoot up and SL. what next for GJ? 2 scenario may happen, price rebounce at the first green zone or price break below zone continue bearish scenario. My advise is stay away this whippy market. price create alot fake movement and keep retest higher high or higher low. No clear direction.
KO consolidated with a few whipsaw indecision days, but it is now building strength for potential upside action. KO had a pre-earnings run setup by Professional Traders.
DIS had a busy 10 days of volatile whipsaw price action during the week of its earnings release. The stock may retest the prior lows again.
Even though today's volume was below average it didn't feel like it. I haven't taken a whipsaw to the face like that in a minute. We failed to break through the medium term trend line and the last two hours finally got rejected off of it. In my last post i was expecting a retest of the neckline from the H&S but we ended up gapping over it only to be pushed off the...
Fibo 0.62 retrace from Mar/Apr lows to the Sep high intersects lower support trendline at 24750. Lower is possible, but... just sayin'. See Chart: res ipse loquitur. The downdraft should stop and pivot somewhere between the two support lines in chart. Should. Might. Expect a 0.50 retrace up from the pivot before next move. Expect another flashcrash to test the...
XBTUSD (kraken) formed an ascending triangle following the upmove. We then brokeout higher, but failed to confirm, forming a "big M" double top. We threwback into the pattern (the triangle) and then we moved into a downbreak. We quickly pulledback, then moved lower, now we are pulling back again. The 50% fibonnacci ($8165) has seen price reject 3-4 times, making...