On the 15 minute chart, PLUG got a deserving bad haircut today on the dilution announcement. Buying shares in a chas burning enterprise is risky business. However, the prospects of a rescue with a federal grant from the Green Left initiative can come any time. Shares are on sale. So are OTM call options expiring after the recovery if there is one. Price...
Tomorrow FED will announce the interest rates. This is the most important news for the market and we expect huge fluctuations. Yesterday EURUSD passed below 1,0800 and pulled back again. Extra fluctuations and stop hunting are possible. All trades before the news are risky. We’re keeping eye on GBPUSD.
AMEX:SPY January 30 2024 15 Minutes AMEX:SPY continues its uptrend with divergence. Broke the rectangle consolidation. 492.5 is crucial. There is divergence in the Elliott oscillator in all-time frames. The expected pull back not happening. The fact it is making HH and HL narrowly suggests it is a testing time for traders with rules-based entry exit. My...
Pendle hit my first target, I expect a little more pump, and then some consolidation here. I am happy I have been patient with this one, its becoming one of the larger holdings in the portfolio. There is a very nice contraction of the stochastic RSI here and the token might really surprise me in the coming days. I think we see 3$ soon and then hopefully a healthy...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 16.2/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 14/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our...
Awaited $2020 support was broken last Friday. And according to our analysis the Yellow Bar slightly might be coming down to test $1975 level before goes up again. Whoever support this comment or think our idea is same as yours?
Possible wave 1/A is almost completed There is divergence between wave 3 and wave 5 so this gives us a high probability of wave 5 completion but it is still possible for wave 5 to go lower . if the white trendline is broken , wave 5 will probably go as low as 0.4017. currently RSI is below 50 and momentum is bearish . price needs to break wave 4 high and...
Wave 5 of 3 still in progress as long as wave 4 (pink) is not taken out . Good LUck
This is ideas same as before but i tried to make it simpler for new traders without Elliot wave backgrounds and i hope i did . Good LUck
Here is a 4H swing trade idea for EURAUD. After a BOS price moved back down to the 71% fib.
GAL Buy at HL (also 0.5 FIB , trendline support intact) SL , TP mention in chart
This BTC dead cat bounce has started bringing MARA with it, I was able to scoop up some cheap spot shares in the mid 14$ range. I am still preparing to short my thesis soon. Regardless I do not like to short my holdings since most of them are hype based narratives aside from my value positions which tend to be larger. MARA just might see 21-22$ before the BTC dead...
I invite you to review the ETH chart on a four-hour interval. Now, with the blue lines, we will mark the downward trend channel, where we can see the price approaching the upper limit. Moving on, we will move on to determining resistances and after using the Fib Retracement tool, we can see a significant resistance level at the price of $2,379. Only when it is...
Hello everyone, I invite you to review the BTC to USDT chart, taking into account the four-hour interval. Here we will also start by defining an upward channel, this time from which the price broke out at the bottom and the decline itself was ultimately close to the height of the mentioned channel. Next, you can see how the price moved upwards from the downtrend...
FOREXCOM:XAUUSD has been testing trend resistance since the opening of the session. At the same time, the dollar index continues to consolidate, but within the upward trend. Regarding the trend resistance XAU we observe a retest, if we pay attention to the volumes, they are absent. What is the probability of a short-squeeze in such a case? The market may go...
When taking a look at bonk we can see that it is showing a sign of strength. It has reclaimed the POC and trend line. Once the VAL is flipped into support, there’s not much stopping this project from reaching the POC 22% higher from these levels. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.