Dear Readers, Markets have been quite volatile. I have marked all the important zones on the chart which may play a role in coming days. If the prices sustaining below 17470, we may see 17400-380 on the downside. Can also fill the gap on the lower side if Selling is intense.
Hi everyone, Today we are taking a look at NYSE:TWTR stock. This poor bird has been flying down at an astonishing rate. However, unlike most young tech companies, this bad boy has been to hell and back again. NYSE:TWTR was scraping the bottom during 2016-2017 and managed to recover eventually. Now we are in the steep downward channel. If you zoom...
BTC has been trailing off for a while now in conjunction with the equilibrium range. We are expecting a corrective to the yellow zone above and are anticipating a continuation down to the larger more significant yellow zone below which acts as an approximate target. BTC can be extremely volatile with large swings so please be aware of this before trading. The...
I have spent this morning analysing BTC and I have come up wth multiple counts. This count however, is the clearest and simplest one. I am having a hard time counting the move from 69k (nice) as a five-wave move. It´s possible but I give it a lower probability since it´s not as clear as this count. Therefore, I am setting an alert for the trendline break and...
Following along with the MEGAPHONE theme from a previous chart taking the first touch of the MEGAPHONE TOP, as the top. Being a weekly chart, we need to see the weekly close below the RIBBON for CONFIRMATION that we are indeed heading into a period of CORRECTION. Given that the FEDERAL RESERVE will meet next week and have already stated that they will not move in...
We can see that on D1 timeframe, price has touched the previous consolidation zone at around 1843-1850. If we breakdown into smaller timeframes, on the 4HR, we can notice that there is a gap on 22nd Nov 2021. My entry was a little bit early. I am expecting a double top to form and first profit target would be around 1819 area.
potential long back into 0.72800 as the price has retraced all the way back down into an area of high volume and a key demand zone. You can see where the price dipped down into with the big bearish candle could simply be a draw of liquidity before moving higher through todays LND and NY sessions.
We have broken the channel and now hit a key supply zone, i will be watching closely to see if this is a liquidity trap from above the channel to move back in. We are now nearing a key zone on the 4H TF with an imbalance zone. I will be watching the orange zone within that blue zone for signs of rejection.
This is an idea that uses Pivot Points, Fibonacci, Fractals, and Momentum to attempt to predict "zones" where the market may pass through. Typically used on faster chart times, but this example shows a 15 min chart for demonstration purposes. This idea has been used on ES, NQ, RTY, YM, and their related micro futures products.
Let's start with: "What goes up must come down!" As we can see on the weekly TF we started the run up around the $1, we've been going straight up towards the $2.3 level. After hitting it's previous ATH at $2.46 we saw a fast drop down all the way back to the current strong supportzone between the 1 - 1.15 USD. This ignitiated the second run up towards the...
Looking at the chart we can see 2 critical areas that we have not reached yet. ETH is in a bullish momentum however we might find the price drop before rising back up in order to collect orders from the zones shown.
In this video: * A quick review of the current market sentiment * I am bullish! * Everything is moving as expected * I review and instruct on a more advanced trading technique/strategy - How to trade levels in a correcting or bearish market? * You can make gainz by going long in a bear trend! Happy New Year Traders!
Since the early morning the EUR/USD price is working on that 15m TF resistance zone. This is also in confluence with the 1h chart. I would personally set my profits as on the screenshot and may extend the stop loss to like an ATR something like above one of the last highs (depending on your strat.. - see the arrows) You could also set a third TP like on one of...
Can Price Retest This 15min Micro Level and bounce for a short setup?...
CUBE - All Time High @56.53 on November 3, 2021 with significant pull backs on 10/5 and 11/17. She reached resistance on September 8, 2021. It is currently a resistance zone consolidating.
These are the most likely institutional auction zones for $XLM based on a highly accurate algorithm I've developed that identifies buy/sell clusters of the largest areas of volume
These are the most likely institutional auction zones for $XLM based on a highly accurate algorithm I've developed that identifies buy/sell clusters of the largest areas of volume
These are the most likely institutional auction zones for $XLM based on a highly accurate algorithm I've developed that identifies buy/sell clusters of the largest areas of volume