VRT has been up more than 200% since late April 2023 bottom, demonstrating key true market leader characteristics in terms of price advance, volume profile and fundamentals. Look at how well and orderly price was following along the 8 EMA and later 21 EMA since the break-out from a large 195 days base (with two unfilled gaps first in Apr and in later in...
YNDX has landed perfectly into the lowest border of my ideal support zone of my wave (iv) projection. Until 2320 holds, I will expect the price to: 1. Move above the short-term 8/21 EMA and long 50D MA and 10W MA; 2. Form the right side of the cup with buying volume predominating above any selling volume; 3. Any low-cheat/cheat or handle area break-out pivot to...
Based on analysis of Price Action and Volume together, we can see that current volume is trending higher while the Price has Red TrapZone formed. Therefore there is NO VALID Trade Bias. Price action analysis is performed by TrapZone Pro. I published a "Volume Only" analysis using the Unusual Market Volume Detector as well to form a contrast. Price action only...
The candlestick pattern indicates a price action to break out R1 price resistance without volume support which shows low conviction and interest from buyers. Therefore, the price is more likely to continue moving up because of the less resistance from the seller. The price action uptrend move is not in tandem with the positive trend where MACD and RSI didn't...
AVTR had formed a double bottom since 27 Apr but it was not until 19 Jul that it began to gain momentum to the upside, rising and staying above a mini neckline @ 21.80 since 21st Jul. It is expected to announce earnings tomorrow on 28 July. Should the stock rise on earnings release, I would be interested to accumulate on the next dip. However, as the stock is...
Sound Hound under the Umbrella of AI plays. Slowly curving up out of Inverse head and shoulders.
EURUSD is Bullish in the big time frame, but first some imbalances need to be filled, and as price break previous structure we can take this good opportunity.
Chart is clear, in the bigger picture price tends to fall at least one more time to reach some important liquidity areas. And price is clearly consolidating for gaining some momentum. I expect to see price falling from one of the previous highs.
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal. PARAGMILK is in downtrend from 2018 and Forming Descending Triangle and broke trendline resistance with good volume. CMP is 112.30 Nearby Support is at 98. Nearby...
The Story: 1. Largest Linear Volume Down Wave 2. Ranging for a few days 3. Plutus provides the signal PRS = Plutus Reversal Short That's a text book entry for the SI traders and their methodology. 110 pips so far Enjoy!!
GBPUSD seems like it will not fall. A big consolidation is taking place in the daily time frame. In the intraday frame this could be a good trade to catch, a lot of positions already been accumulated in the demand area down.
An obvious accumulation that could take the price higher. Could be a good trade before deciding what is the long term direction of the price.
Price Range Projection: Weekly High: ~ $86.58 Weekly Low: ~ $82.818 In the chart above, you can see the price on the 3-hour timescale, along with a fixed range volume profile. Weekly High Projection The fixed range volume profile (the horizontal histogram) is an indicator that can be used to show resistance and support levels. The red horizontal line in the...
📍 In trading, volume refers to the number of shares or contracts that are traded within a specific period of time. It is a key technical indicator used by traders and investors to analyze the strength and direction of price movements in the financial markets. The volume of a security can be used to confirm trends, indicate potential reversals, and identify areas...
Time for a little retrace Looking for T-3i to close GL HF
Looking at a 5 RR short, ideally I will wait for a distribution to play out and get in with a tighter SL than pictured.
Entering the first trade for the day, London Session. Buying $USDJPY above the breakout zone indicated on the chart. Targetting the next resistance zone on the 15min | 1hr timeframes. Zigzag breakout on support and resisance levels. New York Open. Simplicity and Clarity. Cheers, G.
CAT developed one of the entry signals I teach this week. The stock rebounded from testing the lows of the trading range. Hybrid indicators suggest large-lot buying is triggering in the lows of the range. Point gain potential may be limited by the sideways trading range developing, but swing trading can be done within the range if you can catch the entry early in...