AMEX:SPY November 21, 2023 15 Minutes. As expected once 452 was crossed we had a had over till 455. Aggressive buy came above 451.4 as the previous HH was 451.37. In 15 minutes the first bar broke the trend line drawn and closed near the top of the bar. Since it was a long bar we had to wait for a retracement, Which occurred in the next 3 bars as can be...
FX:GBPAUD An OB was created previously, that lines up perfectly with the upwards trendline. I saw an indication that selling pressure had not yet been relieved so did not take this trade at my target entry. Stoch and momentum were still low and oversold, signalling an imminent retest of the OB where I expect it will cross my entry once again. I will continue to...
Execuse me! Bitcoin dominance is on an upward trend, which suggests that we can enter soon to the bull market. This process is slow and will not happen now, but it is worth looking at when the dominance was Above 50%. R3ncso
Hi Traders! There is a potential double-top pattern on the GBPUSD 3H chart around the new monthly high. Price Action 📊 After the break above the previous monthly high at 1.24286, the market traded with further momentum and reached the new monthly high at 1.25058, then had a pullback to the neckline support at 1.23740. The market is now re-testing 1.25058, and...
Price is currently in correctional move since the big impulsive moves we see last week. In hindsight, there's an imbalance to be cleared during the impulsive move that I think price might visit before resuming the move upwards. Attached with the chart is the short sell position that might be interesting for you all. Stop loss is placed 10 pips above the last high,...
I am here to present you with an exceptional opportunity that promises to revolutionize your portfolio and take your gains to unprecedented heights. Chainlink, a true gem of a project in the blockchain universe, has caught our attention and should undoubtedly catch yours too. With its recent surge and the Extra Moving Average (EMA) 20 indicator looking...
Solana is then a shining star that has been catching the attention of experts and investors alike. What makes Sol truly special? Let me paint you a picture: imagine a scenario where the Exponential Moving Average (EMA) 20 is soaring above both EMA 50 and EMA 100, indicating a bullish trend. Simultaneously, the Relative Strength Index (RSI) holds steady at a...
who has the courage to go on this swing with me. This will be the very first swing trade in my life time. lets sell to 1800 again. HnS + MA + SnD.
USDZAR saw a bearish reversal off the important 18.75 level which was strong support previously. Should we trade below friday's low at 18.61, i suspect we will see a re-test of 18.43. However if no follow through of the reversal occurs and price manages to gain traction above 18.75 i would then expect the 18.90 level to come into play where we find the 50dma and...
Excitement is mounting in the world of cryptocurrency as we witness an extraordinary development in the BTC trading landscape. I am reaching out to share the latest market analysis, revealing an incredibly promising outlook for Bitcoin (BTC) that you simply cannot ignore. Our technical analysis indicates that the simple moving average (SMA) of 50 days for BTC...
AMEX:SPY November 18, 2023 15 Minutes As expected AMEX:SPY retraced only for the last rise. The low was 449.3. And the high was 451.42. Good for options traders only. We are having 4 moving averages converging. 9,21,50 and 100 in 15 minutes. 200 averages are at 444 levels. Due to consistent sideways movement last 2 days Elliott Oscillatores are not able to...
Pendle continues the uptrend with a break in the downturn of RSI. There was a huge buy order that brought the token back into the channel that has stood since mid October. The token is looking to retake the 11EMA, and bounced nicely off the local demand. We are looking at another attempt of the .886 Fib level.
The latest news is that BTC is currently hovering around an impressive $36,000 mark! This is a momentous milestone that demands our attention and calls for action. Why am I so thrilled about this? Well, let me break it down for you. As seasoned traders, we understand the importance of technical indicators and trends. And right now, BTC is showing us some...
Stellar printed an evening star and looks ready to head back down towards 100MA support. ⚡️⚡️ #XLM/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (6.1X) Amount: 5.0% Current Price: 0.12715 Entry Targets: 1) 0.12985 Take-Profit Targets: 1) 0.11285 Stop Targets: 1) 0.13835 Published By: @Zblaba CRYPTOCAP:XLM BYBIT:XLMUSDT.P...
AMEX:SPY November 17, 2023 15 Minutes. No retracement day. Again. Generally, if we have a gap at the resistance point, in this case, around 450 levels (see 60 minutes chart 14Th September gap down), and it goes sideways on the right side of the chart, it signals the strength of the chart. The gap on 14Th November can be considered as a breakaway gap. And...
Lululemon spent more than half of 2023 in a range, but now it could be starting to run. The first pattern on today’s chart is the bullish gap after LULU was added to the S&P 500 last month. The stock pulled back in late October, made a higher low and proceeded to a new 52-week high. That may suggest it’s trying to break out. Second is the range between $415 and...
Today's market is more in line with our expectations. Data trading is very successful and has brought us huge profits. Regarding tomorrow's market, my view is to go short first and then go long. Trading is carried out around the 1964-1988 range. The support focuses on the vicinity of 1974, and the strong resistance is 1993-1996. Short selling during the Asian...