jazziej

jazziej

With all the small cap lithium explorers running lately (LKE, CXO, LTR), it seems like INR is being left behind. The news of the project being halted due to concerns by the authorities have been greatly overdone. Ioneer is looking to produce lithium carbonate from its Rhyolite Ridge project in Nevada, North America. It has the advantage of being located in the...

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ASX:AD8 Bullish ADL Divergence is when the ADL is trending upwards while price is trending down. ADL trending up shows an increase in buying pressure (Accumulation). Assuming volume does precede price, a reversal in price definitely seems possible. Anticipate for the price action to reverse into a major uptrend eventually as accumulation pressure increases.

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Bearish ADL Divergence is when the ADL is trending downwards while price is on the rise. In this instance, ADL is signaling an increase in selling pressure (Distribution), and price took a downwards turn. Formed a pennant pattern and observed the break to the upside. Measured move nearly fulfilled, my entry price was 1.01. Previous ATH at 1.185 was taken out...

jazziej

ADL trend is up while price action is trending down - bullish divergence. Price today at 21.99 took out the pivot point (resistance) at 21.51. Closed higher than previous day on above average volume. It did form a doji and going ex div tomorrow so could potentially pullback. It is also in a low vol profile region and can potentially move up quickly until it...

jazziej

COINBASE:ETHUSD I'm using the Volume Profile to try and gauge for where the smart money is trading at. I'm looking at the weekly chart; good thing with vol profile is that it doesn't matter what time frame you look at, volumes will always stay the same unlike moving averages i.e. if looking at the same time frame in weekly, daily or hourly charts - volume...

jazziej

COINBASE:BTCUSD Looking at the price action of BTCUSD from the most recent bull run (late 2020's) to where it sits now using volume profile. Volume profile gives you a peek into where the big guys are buying or selling which is very useful when considering your trading position. I have identified the 3 levels of interest worth keeping in mind - labelled High...

jazziej

ASX:MP1 Has had broker upgrades recently, seems to be in favour after reporting season. Hovering around POC, anticipate to bounce higher due to positive ratings from brokers. Also hugging the lower BB, should move up towards the mean. Aggressive trade around the POC, taking a swing trade.

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ASX:WPL Current events with Russia has pushed oil prices up. I took the trade around the start of Feb after seeing a sustained breakout from the upper resistance of the triangle. Projected profit target based on the width at the opening of the triangle just happened to line up with the previous ATH resistance level. Took it at the time as energy stocks were...

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ASX:MCR ST EMA's and LT EMA's bullish, bulls in control at the moment. Company has had some positive news lately and is part of the EV thematic. Using the high vol node for an entry around the 1.795 level on a pullback. TP place at the moment at the high of today (02/03/22). May re adjust this level depending on the candles after today. SL placed in the low...

jazziej

ASX:JBH Analysis of JBH and observed a potential swing trade using fixed range volume profile. See notes on chart.

jazziej

ASX:PPH 1W - has been in a strong down trend. Last week candle has a long lower shadow (wick) followed by the first strong reversal green candle (this week). Potentially oversold (RSI confirmed) due to recent tech poor sentiment atm. If we continue the rally into 4H - confirms the new uptrend from the bounce off 0.815, higher highs and higher lows. Avg volume...

jazziej

ASX:STO LT EMA trend bullish, ST EMA trend starting to turn bullish. Bulish volumes starting to dominate. Two potential nodes identified. The POC at 6.34 which is the POC of the last 4 years. The other is around the 6.90 node, the POC of the last year where the stock has been ranged bound. I'm placing my trade entry around the long term POC, wait for the...

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ASX:YAL Trend observed on the 4H and looking to trade in the 1H. • Long position, conservative target well below next resistance level. • Currently in the low volume profile zone i.e. not much volume traded previously in this region. • short term and long term EMA trends (daily) both bullish. • ADX (daily) is showing strong trend strength (above 25). • Coal...

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TVC:GOLD Waiting for bounce off the POC node and continue to climb higher.

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TVC:USOIL 15m time frame day trade using Volume Profile. Expect support at the high volume node where accumulation was happening before the move up. Expect to bounce off this level and continue to move up.

jazziej

ASX:FID Testing Volume Profile trade. Short trade, expect to bounce off previous high volume node (around 8.33) and fall through the low volume profile region. Next support (take profit level) close to the high node volumes around 6.68. Stop loss set above previous ATH level to allow plenty of room. ADX is trending down, bullish volumes starting to break...