Hi guys, nice looking top on NYMEX:CL1!
Hi guys after Friday rout there are new developments in stock market indicies. Last week price action on AMEX:DIA formed bearish reversal pattern buying climax above upper megaphone pattern line at the top of rising wedge. This rising wedge is 5th Elliot wave which is signaling trend will reverse soon. As you can notice in chart last week realized volume was...
Gold prices are pushing down by rising 10y Yield and USD strengthening. After last week selloff GOLD closed below demand zone at 1754.40 so i expect further drop this week to the next demand zone and to retest lower line of falling channel at 1667
Hi guys, there is my another view on DXY price action in near future. DXY formed falling wedge pattern and already breakout. After testing wedges upper line formed bullish flag and now sitting at massive demand zone (blue area) Now 91 its key level that must breach to confirmationof bullish flag. My target for this month on DXY is 1.st supply zone 93.55 3 94.30
Hi guys, is this VIX chart is like „deja vu“?? At last financial crisis at 2008 the simmilar pattern created like recent months. Treasury spread yields telling the same story again in lower pane. After first cross of its 12-month MA it takes 5 months to firs bigger surge in TVC:VIX . Then it takes 13 bars to yield spread approach to 2%, then volmadeggon...
Hi mates there is my opinion on next market movement on CME_MINI:NQ1! NASDAQ:QQQ in couple weeks and months ahead. In smaller 4H timeframe already formed head & shoulders pattern which yesterday touched its neckline. But i mean this pattern will fail and price going to form right shoulder on daily and will retest upper trend line of price channel. Today lot...
Hi mates, momentum rising on NASDAQ:GMBL significantly here and could be similar sentiment here like at NYSE:GME
Hi mates another interesting idea with high Risk Reward!!! As you see by two trendlines, uptrend in ALLE is incrasing in momentum. Now its definetely nice entry sweet spot on demand zone in 106 - 109 area. Target area is next supply zone at 119.30 - 194.36 My setup is following: ------------------------Trade setup --------------------------- Entry: 109.80 Stop...
NYSE:HL formind on 4H chart bullish pennant. You can notice rising volume in recent days after earnings. If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together.
Hi mates here is my play in nutshell for next 1-2 days on CME_MINI:NQ1!
Hi mates, have another nicelooking trading idea on NASDAQ:SRCL Now its perfectly sitting in demand zone at 65 - 67.60 The nearest target is in 72 - 74.60 Industial sector is one of strongest in recent days.
Hi guys, NYSE:CRM on weekly formed perfect bullish flag. Now it is on top of the channel created bearish price pattern and very nice short opportunity with target at $200. From long term perspective price range from 190 - 200 seem perfect sweet spot to long entry on this weekly bullish flag. Happy trading! If you like the idea, do not forget to support with a 👍...
Another volatility spike is coming soon.Athought stock market indicies CME_MINI:ES1! CBOT_MINI:YM1! CME_MINI:NQ1! rising another all time high CBOE:VIX sitting on its support at 20 very stubbornly. That indicatates there are still doubts about market a and global economy recovery... What is TVC:VIX ? Its realtime market index calculated by CBOE and its...
Hi mates! Another big move on AMEX:UVXY is coming! Last week there was huge buying in orderflow on AMEX:UVXY . Now 10 - 9.95 its very strong supply zone. We could observe TVC:VIX is rising in tandem with CME_MINI:ES1! AMEX:SPY its not good sign for equities for coming week. My target for this week on AMEX:UVXY is 12.46. Risk / Reward is very favorable...
Hi guys, i have another interesting trade on NYSE:M .Its in pretty strong trend in daily and weekly timeframe too. Its testing weekly demand zone after correction last week. 14.17 - 15.30 its nice entry point to catch continuation of this strong uptrend. My target is near 0.786 fibbo level, there is strong supply zone in weekly timeframe. Here is my...
Hi guys, Sharing one of my today swingtrades in healtcare. Nice setup for breakout. If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together.
NYMEX:CL1! is trading now in long-term supply area ( resistance). After estabilished triple top price pattern we could see trading NYMEX:CL1! in falling channel.On hourly timeframe its clear downtrend and price forming hanging man pattern. After breakdown diagonal trendline price is testing it, its perfect setup to short entry. here is data for my...
Hi mates there is my another swingtrade.After huge selloff this year, NXTC is in pretty strong uptrend on daily now. There is gap topping 17.55. I expect momentum breakout in few days. here is data for my trade: ------------------------Trade setup --------------------------- Entry: 13.60 Stop Loss: 11.64 Profit target: 21.00 Time stop: 22...