If you caught the move down utilizing my last video, bravo. We knew what to look out for and why we were expecting that move.
Moving forward, we do have a bullish bias considering the strong recovery off of yellow support however we are going to need green and blue tapered selling to continue to build liquidity for a larger breakout. We can see massive liquidity...
This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity.
Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down.
Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time!
Happy Trading :)
Dive into the heart of market volatility with our latest analysis of NASDAQ:META 's price action, centered around the critical 10AM box on the 5-minute chart. This video breakdown offers a comprehensive look at the key movements and trading opportunities that emerge in the early hours of trading. Whether you're a seasoned trader or just getting started, our...
We are no longer respecting our strong buying continuation algorithms and therefore that tells me we will have a tougher time making new all time highs without further liquidity being built. Keep an eye out for a rejection of the bottom of these stronger daily algos as price attempts (with this bullish CPI data) to reenter them.
Happy Trading :)
As of writing this (about 10 minute after recording this video) we did rebound perfectly off our level and are 3 points up ($900). If we were to close the trade now it would be a succesful 10 R:R trade. But we have daily algorithms for a reason.
I'll share updates on how the trade is going below on this post!
Hope this was helpful!! It's truly incredible how you...
This will be helpful to see for those wondering how to utilize lower time frame algorithms within higher time frame analysis. Same idea! Just always remember, unless you're scalping, the daily algorithms hold much more weight.
Happy Trading all :)
We prepared for this exact trade and outcome in our "special edition for haters" video 2 days ago. This truly was a special edition for haters!!
Please do not discount the power of these algorithms. It works for me and it could work for you. Trying my best to share this knowledge so that you can catch these trades too!
Have a great day in the market...
Hope this was helpful for those who are interested in learning!
Again, I can't emphasize enough - you're charts don't HAVE to have all these "lines" in order to succeed. I see the market this way without all the chaos. But it is helpful to understanding PA and why price is moving where it is and what kind of strength of buying we need to see in order to have real...
META is showing some extremely bullish signs and at the very least you can see that from all the bullish volume stepping in yesterday at the bottom of our orange range. That is confirmation for me that if we activate orange strong buying (which we did), we can expect a retest and soon breakout of this orange very tapered buying channel.
Lots of profits to be made...
We discussed this to look out for in last night's video analysis on META (please watch that video linked below if you haven't so you can start to see what I'm seeing!!). So much profit was to be made today on this stock from the initial rejection of green (knowing we needed to build more liquidity) down to the retest of teal and support from orange tapered buying...
Will we see the first ever (Coined in this video) golden wedge this week!? It's a huge part of my trading and a great way to identify a breakout incoming - especially on a stock like META where volatility and volume is huge on a daily basis.
The Golden Wedge is basically when price uses our strongest controlled selling algorithm (Magenta here) to build liquidity...
We could see a failure to reach new highs and all this left shoulder liquidity can be used to push us below (or at least retest) the key 453 level. From there, we have a massive gap to fill to the low $400. Prior to any short entries, however, I will for a retest of the top of our teal selling channel which will form our right shoulder - and with a lack of buying...
Going over META price action looking for the clues the market is leaving us. what we did yesterday doesnt count anymore. what are we doing today? whats our plan? where is our action Areas? these are the ?'s we need to focus on.
Very nice setup forming here in $META, if it takes out last week's highs I think it can gain traction and likely do very well during Q1 2023 next. It's been basing and holding up with relative strength vs the broad market, which is a good sign, and also might benefit from a potential TikTok ban, as mostly $META and $SNAP control social networks used by Gen Z for...
I must emphasize that providing specific financial advice, including recommendations to buy or sell specific stocks or options,
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goes beyond the scope of my capabilities. The information I provide should not be considered as financial advice.
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However, I can provide you with general considerations that investors often take into account when evaluating stock...
NASDAQ:META META @ 341.49
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Be strong and take courage.
Learn the rocket booster strategy.
Hi its lubosi forex.
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Let me share a painful story with you.
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Have you ever felt like you don't know what you are doing?
You need to learn a trading system.
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Fear and doubt do occupy my mind sometimes.
Do you ever feel like life is unfair to you?
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A trading...
