we took last week liquidity moving up last weeks high
Yesterday the Nvidia stock (NVDA) produced another lower high, this is the fourth one in a row. This simple signal predicts lower prices. This lower high is coupled with decreasing volume. Trading volume has been dropping since early March 2024, more than six months. The main low after the last All-Time High was hit 5-August. Since we have a lower high on the...
The scenario from the previous update remains intact. The $65,000 range was identified as a selling zone, with downside targets down to $42,000. Look for short setups on the daily timeframe from newly formed fair value gaps (FVG). A short squeeze is possible, with support found around $58,000 before a break above $65,000. Targets from $68,000 to $73,777 will open...
THIS IS MY SETUP FOR USD CHF I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.
We see the formation of cup & handle is on forming the final lines.. At same time the formation of handle is a flag formation. looks that the price will drop at 52500 - 51000 but this is the trap as traders will keep shorting... at the moment i write this post there is liquidetion of short positions at 66700 778 million dollars. final we need 1-3 days until...
I have enough data to try this new setup. We expect to see a pullback this week; it would be ideal to enter below $0.00003. If the price continues to rise, we should act, but with a smaller position. Overall, it's a solid setup in case of a dip. It has shown more strength compared to other coins, which is why I continue to trade it. Stick to $VELO, NYSE:CAT ,...
THIS IS MY SETUP FOR GBP CHF I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.
This is a graph of Bitcoin price, MA111 and MA 350x2 to see price variation and potentially hi drops on asset.
Here’s what could happen with PSNY if we overlay the chart with AMD... this is just an archive over time that I’m posting here... just for science and remembrance... LOL. I’ll post a more serious strategy later...
Humana has been dumping for a while now. Just dropped hard into a major support zone. Scary entry here, but tight stop loss is possible. There are many layers of resistance above. So there will be many battles on the way up. Maybe scalp or sell+buy pieces to build position. I know nothing about this company or insurance. But it pays good dividends and it is an...
Let’s break down the EUR/USD market structure using a top-down approach, starting from the monthly down to the 4-hour chart. Monthly Chart: Looking at the monthly chart, we see that EUR/USD is in the middle of a pullback after a strong bullish move in the previous months. The price has rejected around the 1.1175 level, a key resistance area. With the 200-day EMA...
Price has bounced on $60,000, so I think we will oscillate here to form a bear flag, before dropping lower to reach the next demand zone. The bounce from $54,000 should provide a great trade opportunity as it returns to the big even at $60,000, before dropping back down for a retest of $54,000.
The 1-hour Bitcoin chart has just printed a climax oversold alert (see blue ball), indicating a potential upcoming reversal. This signal often marks areas where selling momentum is peaking, suggesting a possible shift in market direction. The current setup shows: Traders should watch for confirmation in the next few candles to validate this signal by looking...
Quick video recap to highlight what's the latest and greatest in the markets. Oct 1 - Happy Q4 US Big Tech in "big red" today US Energy in "big green" today - thanks for a wild bid on USOIL China continues to rip "green" and it's playing catchup quickly US will have to deal with employment news, inflation news, earnings news, all before the US Election and Nov...
Rivn has came back down to two zones. I will be buying here and buying more if its drops to the lower zone. China EVs seem overbought. Looking for this to bounce.
An idea based on what has happened previously this year. If we zoom out on the chart and look at the bigger picture we will realize that the short-term hoopla does not matter in retrospect.
We can see the tops on 20,300 even as early as thursday getting immediately sold. We can also see early today and Monday tops also getting sold on a whim. Textbook blow off top.
Seasonality Analysis: Historical data suggests a Bullish seasonality for EURAUD during this period, indicating a higher likelihood of Upward movement in the pair. RSI Bullish Divergence: The Relative Strength Index (RSI) is showing a Bullish divergence. This occurs when the price is making LL and LH, but the RSI is making HH and HL, signaling that the Downward...