Having taken our last portion off the table last week during our anticipated low of the week which was made last Friday 16/03/23 we decided to add back half our original position size back at 82.500 early this morning UK time in anticipation of price trading below last Fridays low made on 17/03/23 We are initially targeting last weeks low. The low of the year...
The J200 (Alsi) clocked a negative 5.22% move for the week past. It will be important for bulls to hold onto the 200ema to have any chance of a relief rally.
Gold stocks were showing extreme relative strength last week with intensive bearish sentiment in banks, seeing RSIs between 70-80 and RVOL above 2. ATM we need to see some pull back to get a favourable RR setup. With the bailout news over the weekend I suspect we will certainly get a chance for a dip into support like we've see most days last week. GOLD is still a...
$ADI pulled back to the top of its breakout base that took place on earning and setting up a nice pivot after testing its 10 week ma.
$ALGN is a liquid high RS medical name that had 8 weeks up in a row of the bottom and potentially finishing a pullback to the top of previous cup base breakout. Early here with 200 MA just flatting out but strong with "calm" pullback.
Not signs of selling subsiding so might not be wise to come out yet but $AXON looking tight here pulling back to 21 EMA. If you have to do something tomorrow, might be worth a low risk shot.
As we can see that ETH/USD is forming Double Top reversal Pattern, indicates that the trend is likely to change.
I tinker in other than BTC but like the S&P, as goes BTC so go nearly everything else. Looks like the BTC turn to 40K=60K this year is in play. Excited to play the dips in my holdings on the way up. Probably not saying anything you all don't already know but hey, it's exciting times again for this old trader and I had to say it to someone. I'd tell my dog about...
This is not financial advice. I believe $GDX will make a run up to at least $38.41, and potentially higher. The measured move is confirmed by long hand as well as Fib. extension: 1. High of $33.34 minus it's low of $21.52 (Point A) = $11.82. Point B's (retracement) low of $26.59 + $11.82 = $38.41. 2. Drawing the Fib. extension as show on the chart confirms the...
With consideration from previous POC of PVP (Periodic Volume Profile) and current price levels and heavy filled economic data next week for GBP, - this is how I see how GBPUSD will prolly play out. What do you think guys? Let me know your initial bias.
BUY GBPAUD. all confluences on chart ( last chart is the intraday 15m session high breakdown ) looking for entry off New York session low. during New York session with bullish candle-stick closure.
Here is my latest structure analysis for WTI Oil. Resistance 1: 69.9 - 73.3 area Support 1: 61.7 - 66.0 area Support 2: 57.3 - 58.5 area Consider these structures for pullback / breakout trading. ❤️Please, support my work with like, thank you!❤️
Logarithm. Time frame 3 days. The main trend (part). The idea shows the true highs of pumping $9.3172. From the peak, the price has dropped by -95% (acceptable for such altcoin HYIPs). Minimum $0.376. The price is now $0.72 after working off double bottom targets. The price has gone to an important mirror resistance. Schematically, conventionally, showed the...
Warning: PLEASE DO NOT TAKE IT SERIOUSLY. Ah, yes, the beauty of economics and the unpredictable world of cryptocurrencies. You see, dear reader, my BTC chart analysis is not only right, it is always right. First of all, you need to understand that BTC is like a rollercoaster ride, except you don't have to pay a ridiculous amount of money to ride it. Instead, you...
Hello dear traders. As you know, there is a sign💡 for everything in this world. For example, before the arrival of spring, the snow will melt, the trees will bloom, and the cold weather will gradually disappear. In the world of cryptocurrencies, there is a sign for everything, too👌🏻. There are many ways and signs for upward and downward movements or...
Hi✋🏻dear traders, I'm pejman🙋🏻 and welcome🌼 to the navigation👁️ of the Bitcoin Phoenix rebirth🔥. As you know, Bitcoin has appeared as a legend in the cryptocurrency🪙world, so this currency should be described📜 as a legendary💫 bird. Bitcoin, the world's🌍 first and most popular💕 cryptocurrency, has experienced a rollercoaster🎢 of highs⬆️ and lows⬇️ over the years....
NOTE! Low volume stock I entered CPSH this morning on pocket change (under $100). I interpret my chart setup to indicate the stock will be moving up. I typically wait for the DPO to make its first move up of its low. as noted below However, what I have found in past moves is, when the StockRSI "D" halts early and turns horizontal instead of going to 0.00 like the...
Analysis and Opinion based on my chart setup: I have added JAKK to my watchlist for its upside potential. It's not in a position for entry for me, based on how I use my chart setup. Since it is a Renko chart, time is irrelevant so it could be tomorrow or next month before it's a entry. My chart Indicator Settings: Renko chart style. I set mine at 26 to play the...