SUNDIAL GROWERS had a bullish break out of a wedge. Volume expanded outwards and converged on the way back to the puter line of the wedge. Now the ice line above 2 USD is tested before I guess it will go up to 8 or 10 USD the next months.
As You can see an apex which showed bullish absorption was cutted the bearish style, to be tested if it will sustain strength. Now we see a rising wedge with shortening of time in the upper area and no shortening no expension of time at the lower boundaries. This leads to the conclusion, that gold is sold and silver is bought. Silver and copper are...
Here You can see SOT (shortening of the upward thrust) with a expanding and later converging range. AS of February the 2nd there began an outflow out of the USD into Mid and Small CAP and into countries with stronger currencies (GBP, EUR, AUD, ) . Good luck, good tradin' :) <3
After the farmer strikes, the bearish iwf news from 30st of january the bearish cutting of a channel was absorbed as you can see by the expansion of the distant lines. The duration in lower areas was quite low and getting lower and lower as for now. Actually (after the CPI report) we get the lowest reading since weeks. the big money is taking oportunity of low...
Here we see a test of an absorbtion. The test is were 4 lines come together. One of them is an ice line and the line were bearish absorption ttok place and was absorbed by bulls. This one is very very bullish. It can take time, but it will go up very fast. This is more likely. But be careful, if the channel is left to the downside, it will we the oposite, so...
Nvidia is moving out of a shorter term flag with strong volume. The move out of the big horizontal channel was a strong expansion. I think 700 could be a point were it could lose momentum. Let's see. The company is quite strong and on point for future trends: -artificial intelligence -drones -gaming -finite element modeling -global customer fit
This seems to be more difficult for me. I like to discuss this one. You can see converging lines, but they were converging even more months to years ago. There was a quite strong spring. It has been tested strong but remained strong untill march 2023, when the banking crisis started. next week a lot of folks are looking at the ecb. The testing of the clear...
The Weis-methods shows clearly that the ice is tested for a following up-move. -first lines converged -strong down movement cutting the chanel -a strong spring acoured and brought the price to the highest point and through the strong midpoint like a hot knife cutting butter -actually the midpoint is tested very strong -reaccumulation needed
The Weis-methods shows clearly that the ice is tested for a following up-move. -first lines converged -strong down movement cutting the chanel -a strong spring acoured and brought the price to the highest point and threw the strong midpoint like a hot knife cutting butter -actually the midpoint is tested
sea drawings to meet dotted resistance line ..and gapping up ?!
The Chart tells all :) Wyckoff-Charting Range - Outbreak will happen soon.
I think it will go sideways and than down ... but only to accumulate more buyers to go back up after a few weeks. But for a Longterm Buy (in a few months) it is to choppy and there was to much volume over a long period.
The range was left to be tested and to let sundial fly away ... i would say it is a 80 % chance that sundial will reach 3,8 USD soon
look to the left while watching the decile ..there is a little resistance (see arrows)
Since two weeks now gold was going sideways ... now the bears will be in force the next weeks to months. Look at the high volume nodes and the lessening of the upward steam.
XRPUSDT has a strong possibility to Fall Short. The Wedge here has very strong signs for an upward outbreak. Look for strengthening volume during the move
The chart has a high potential to bounce of at this VPOC and head upwards to 2,7 USD. Is this will happen with high volume it will stay for a while and then go upwards. Yesterday there was institutional buying. It is going down because they want it cheap and it lakcks volume.