Another PO3 here this is my first view... BTC is ranging and because of this we can have manipulation and distribution occur I will drop the second view as an update under this. I expect next week to show something like this week or in 2 weeks wait for which way the market will go during manipulation and then long or short from there will be obvious
The white pitchfork is a "pullback fork". This huge monster measures the whole swing, from April 2020 to the highest point ever reached in the NQ. What is the benefit of such a pitchfork? 1. We see where the center is. Above the center, the market is very strong. It's likely that the market continues in the projected direction. Below the CL (Center Line) it's...
Here is my basic levels of value that I look for to place my trades, daily , weekly levels , pocs , and some SR . Vwap and volume . Now all its left is ... Place you trades .
There has been a massive drop on palladium (at least on this ticker) showing a pullback to about $900.
Here's one that should catch some i's As a Premo Tv'er all such Wizzardry is attainable. The S&P500 Denominated in Australia Dollars. Notice anything as it relates to the diverging recent lows compared to S&P500 in USD ? Detailed Comparison Charts to follow - Note : Horizontal expansive character of price action. Let's also mention the GREEN Ribbons. This is a...
Cool down on big news as we can see, by zooming out, that the increasing price have found strong resistance and started a durable wide range. The range is clear in this chart, the top is illustrated by the blue line and the bottom by the black line. The bleu line is a resistance tested multiple times , repeat failed attempts leading to a price fall and possibly...
BINANCE:ZECUSDTPERP If ZEC were to be able to reclaim the support and break through the top resistance levels then the bullish trend will continue Current issue at the moment is that we do not have enough volume to push, I would sit here and watch until R1 turns into a proper support, and probably do a breakout play at the top.
A chart showing the degree increments between major structures, showing the advancement of the bullrun and its ascent to the top The ° value is the yellow line, which in turn provides the Fibonacci circle, which I have just chosen to show 4.618 An observation post
XRP has a similar chart structure to DOGEBTC The major similarity is that the price is range bound, meaning, price has been stuck in a limited area (squeezed) area for the majority of its existence This 'bound' nature, builds tension as each day passes, influencing the probability of a breakout out of this range Some things however are not similar, As on DOGEBTC...
Hello Traders! (read the notes) here is the full UPDATED Analysis / Breakdown for NZDCAD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2 .Use Risk Management (Risk 1% of your capital) 3.Do your Own...
We have seen the COMEX Gold Future showing some fake signals during last weeks. Signals followed by very strong volumes, but, seeing the market price running the other way around. Be careful when trading the Gold Future. All the red arrows are showing examples of fake signals. The blue line is an overall trending line being a strong support, if broken there is...
This post is just mostly observation and poor man's attempt to see the obvious pattern to many observers. For many hours, we have been consolidating in the upward trending channels. 1) All three down swings are 4.71% , 4.72% and 5.06%. They are taking longer and longer time. 2) The two up swings so far 6.44% and 6.37% . And the later one has taken shorter time...
Price has reversed from the ascending channel. We may see price move lower. Look for the bearish correction on a lower time frame before entering.
Weekly Golden Cross, if this holds any merit upsides are expected. Also a double bottom formed on the grey fib line, with higher lows present.
AT&T has formed a symmetrical triangle, which will lead to a bullish breakout. The prior uptrend can be observed as being very bullish, which led to the peak at (1) and bearish reversal at (7) . Have also included a symmetrical triangle diagram for anyone interested in learning chart patterns.
if breaks out of triangle ill look for a long entry. if continues to the downside i will likely look for a short term swing entry with some long puts. just watching for now, but im leaning to a bearish bias. notice the decreasing volume. typically not a good sign. any thoughts? i will publish the same fib levels for the daily shortly. imo it confirms the...
Potential future moves. We sit neutral without a confirmation on either moves. 1. We may see a bounce off the newly formed trend line that has been touched twice (now three times), up to our neckline where we break and continue a bullish trend. 2. We may see price continue a bearish move, where buyers will try to gain momentum/control of the market again (to...