Damian_Daniels

Damian_Daniels

my HTF bias is bearish based on the massive bearish impulse visible on both the Monthly and Weekly tf. both tf have set in bearish ranges by breaking lows of previous structures. price is also bearish on the daily tf. 4Hr has just broken the low of a bullish range, it is now putting in a bearish range in alignment with the HTF bias. I am looking for lower tf...

Damian_Daniels

We have a protected high at 1.50190. That would act as our Invalidation point if broken. current trend is bearish as we are still in a monthly bearish range. going with this thought we should be targeting the downside liquidity on a monthly TF. Liquidity has been grabbed at the monthly range low of 1.16496, however we still expect this level to act as a target to...

Damian_Daniels

Todays Technicals, bullish possible double bottom on the higher timeframes(4hr and daily) , with a bounce off the neckline, possible target of 4309.3 that was confirmed by the fib, as well as an hourly bull flag that has a target of 4266.7 that was confirmed by fib. bearish would be a possible channel that price could be running in. if it is the retest of the...

Damian_Daniels

Bullish: on the daily I see a double bottom which already seems to be playing out, with a target of 3867.92 on the 4hr it seems to be forming a bull flag, where price is currently ranging between 3616 and 3645. target for the flag is 3752.03 confirmed by fib. on the 1 hour, I see another double bottom with a target of 3668.87, also confirmed by the fib. all of...

Damian_Daniels

bullish . what I noticed first what seems like a double bottom on the 1HR chart. with a neckline of 3546.72. when i took a fib from low to high of the push, it lines up nicely with a 70.20% fib. i then noticed what seems like an inverse head and shoulders forming, with a shoulder of 3546.72 . target of 3630.40. bearish . if price does not bounce off 3546.72,and...

Damian_Daniels

Sunday chart First i did the basic ACW fib strategy on the daily for possible bullish and bearish scenarios. I marked off possible retracement levels for bullish (green lines) and bearish (red lines). bearish: it looks like a giant double top could possibly be forming on the daily chart. with a downside target of 2866.47, which lines up closely with a gap at...

Damian_Daniels

this is a possible bullish case scenario. first thing I did was to plot a downward trendline on the 4 hour chart. i then noticed that price broke the downward trend, indicating a possible bullish movement. i then plotted a fib on 1Hr to get potential targets on the retracement from 24 September 17:00 till 25 September 11:00am. and i notice the the 300% fib...

Damian_Daniels

August 31 2020, todays analysis is on the 4Hr chart. I took a fib on the impulse bullish push of price to measure a potential retracement. I immediately noticed that the 50% retracement lines up perfectly with the last SPY close at 3505.8. i then took a fib from the the top of the impulse leg to the 50% retracement level at 3505.8 and got an upward 127.2% target...

Damian_Daniels

Good day guys this is my technical analysis on SPX500 on a 4hr chart. After an impulsive bullish push, we can expect a pull back either to push up further of a complete reversal, my analysis has provided me wit 3 possible retracement levels namely the 38.2%( 3401.86), the 50% (3393.32) and the 61.8%(3385.43) of the fibonacci tool. My thought is that we could...

Damian_Daniels

I had a bullish sentiment to begin with. i checked the SPX heat map and saw the majority was bright Green. I then analysed the daily chart first, the first thing i noticed that the current price was forming a bullish engulfing, but i knew i couldnt use that as a sign that price is going to move up, but it gave an indication that there was high volume in the...