With the selloff at the beginning of trading Sunday night June 23rd, ES is at risk of the "three bar reversal". I think ES will need some work to find a bottom before pushing higher. There is a large block of resting liquidity after the selloff between 5532-5536. I am playing an Absorption Reversal after that liquidity is grabbed back to the downside. Stop loss...
This is the background for my entry earlier in April. Cup and handle (a flat pattern). A small-cap profitable asset, intend to hold for a while until it delivers x2-3
Oil has had a large run-up of $10 over the last two and a half weeks. I believe Friday's selloff was mostly due to exhaustion and the start of consolidation after this large rally. Given the continued geopolitical risks. I expect oil to re-test the $80 level before increasing back to the upside. There is large resting liquidity around the $80 - $80.30 levels, so...
Here is a look into what I am looking on US 30 for now. Taken a short from 39500 looking to target the sellside liquidity at 39240 Entry 39500 TP 39240 SL 39600 Looking to see IF the inversion FVG hold and sends prices lower. IF we break and hold above the current highs above 39600 the short idea will be invalidated Stay safe and never risk more than 1-5%...
Looks like a retest up to the highest this week GBPUSD, entry buy 3L lets see whats up hold all week 8.3k profit
Seems time to accumulate CRYPTO:ADAUSD if you are in the know about Cardano. - Fisher Transform Indication bands need to align themselves. - Price will bounce around tightly packed moving averages between .32 cents and .44 cents. - Price breakout to occur early Aug to early September. - Volume structure also indicates this breakout. - Historical volatility...
Another buy for today. EW flat is almost complete, IMO, close to 1,618 extension for the wave C
Bristol-Myers Squibb NYSE:BMY has not deviated this far my selected simple-moving average since the early 2000s. It is currently in a personal buy zone in the low $40s. It may trade sideways for some time, but my hope is patience pays off (including the dividend). Target #1 = Gap fill to $56. Target #2 = Gap fill to $70.
Bought a starter position today. Price prints the right shoulder, bounced off the WMA40 (DMA200). A very clear pattern at this point.
As per the weekend analysis it seems we are about to see a drop coming in USDCAD towards 1.3660. as we have Monday opening left, i am not expecting any gap to be occurring in the market. expecting price not to breach its current swing high of 1.3780 level while maintaining a bearish bias. Entry can be done around at current level . but i would like to wait till...
Short-term downside reversal is underway. Price action hits a strong resistance at 0.5161. A move back down to 0.4677 is very likely
On April 26, 2024, The weekly chart of NASDAQ:NDX shows a weekly recovery from the MA-30 week. NASDAQ:NDX closed near the weekly high which is encouraging. The current close is right near the resistance 17,780 which was broken during the week April 15-19. Looking closer at the daily chart we can see that the resistance is at the same level with both...
BTC double bottom formation taking place on the 30 minutes chart. Should this be valid, we can expect a short-term retracement from here to maybe 0.618 or 0.78 fib retracement levels which can be used as targets. This is also supported by the bullish divergence forming on this timeframe
Bitcoin crash is coming, get out of the market Because of the continuation of the war
Mortgage Product Bias Indicator Overview: The "Mortgage Product Bias" indicator is designed to assist investors, analysts, and mortgage brokers in identifying trends and potential biases in the mortgage products market. This tool evaluates the relative positioning of the RBA (Reserve Bank of Australia) cash rate against a calculated average interest rate over a...
Gold made a possible price rejections from the fvg zone am expecting a new lows from this current zone to the sell side liquidity Am in on sell now JOIN AND ENJOY Tell us your views.............
broke the latest downtrend, stuck in the box, see if it goes for it now
CVX is in the process of making a bullish Cypher Harmonic Pattern. We are in a zone that could possibly become the bottom, but first we have to establish the bottom. And then we can aim for 3 green fib zones for taking profits. Please note that we are in a downward channel move, so for sure, breaking out from this channel can be very bullish.