I like this chart a lot. Definitely a few resistance zones to watch out for above us (i.e green top of green tapered buying channel that has bounced us a few times) but we are within our strong purple buying continuation channel which is exactly what is needed to take us out of this resistance level. We are also digging at the bottom of our controlled selling...
Multiple time frame analysis for Gold. Daily/4h time frames analysis. Price action. Important key levels. Bearish outlook explained. ❤️Please, support this video with like and comment!❤️
We have our proven controlled selling algorithms taking control of price after closing a HTF cup. We are looking for some liquidity to be built within these teal and orange selling channels and for support to be found at our buying continuation channels of magenta and green. We are waiting for an initial break of orange strong selling to then retest teal tapered...
In comparison to CME_MINI:ES1! , CME_MINI:NQ1! was much more uniform with the delivery, especially when the gap formed on Monday going into Tuesday was filled on Friday whilst CME_MINI:ES1! Thursdays candle exceeded the gap. I believe there is more pain to come from liquidating sell stops compared to buy stops as the overall sentiment is bullish with the...
Hello Traders, welcome to today's analysis of Microsoft. -------- Explanation of my video analysis: In 2019 Microsoft stock started creating a major bullish trendline which was tested again in 2020 and also the beginning of 2023. Furthermore Microsoft also broke out of a massive ascending triangle formation and is now just looking extremely bullish. If...
I am bullish on this stock longer term as most everyone is but it's rare to have a clear short opportunity to capture the pullback - and with the 5day and 20day averages sitting so close this could be our shot. As always, keep you posted with more analysis as price develops! Happy Trading :)
This one is pretty simple to keep an eye out for - before going long we want to see confirmed tapering on the sell-side and see buyers then activate strong buying continuation as we've seen in prior breakouts. Happy Trading :)
We are selling in a controlled manner within our teal channel - we broke out this morning initially of that channel and are now looking for bulls to continue to build liquidity within this channel before a larger breakout. See you there! Happy Trading :)
Keep an eye out for a break of this magenta strong selling channel - this will be our initial indication of a retest of the top of teal tapered and that is where, if yellow and purple channels are holding price, we can see a large breakout. Until then, there is a massive short float on this stock so we'll likely need to wait for the teal and magenta wedge for...
We expected this move and were prepared for it! But this thing still has legs for further move up as we see from the past and proven by this week's strong movement! Happy Trading :)
Target has the potential for a breakout back into the 150's however we are seeing tapered buying coming in the way which in the past has caused us major downfalls. Let's see where price takes us and I will of course keep you posted as we move forward Happy Trading :)
Tuesday was the 8:30am news release that sent shockwaves to short term scalpers as the bottom fell out @ 2011.50. What's surprising is, the amount of 'high-impact' news that was released was less than Thursday 15th but yet, the market was able to move more violently. What this shows is, it docent matter if a day is packed with news, it does not confirm 100% high...
I like what i'm seeing on the charts here. I will keep you all posted with further analysis as we see more movement here but at the bottom of this controlled selling channel I see good value for a potential quick move to $50.
See why I am preparing to short this stock, even after dropping over 50% of its value this past year.
My analysis on PDD Holdings and what I am seeing in the charts. Huge potential for a large gap up and breakout. Stay tuned as I'll continue to cover this as price develops. Happy Trading!
Heres a hindsight view of the ALKS breakout this morning which was in correlation with it announcing earnings. But putting aside the fundamentals of the company, here we focus on technical analysis and how we were prepared for this breakout. Happy Trading!
Study the weekly timeframe. Notice how we perfectly hammer into the weekly bullish order block formed on 6th Nov 23 whilst sweeping weekly sell stops... I don't think MAX pain has been delivered to the downside as large hedge funds, mutual funds as well as whales would be smart enough to allow their stop loss to breathe and not place it right at the throat of...
BITSTAMP:BTCUSD for me is where my trading journey started. I was using BITSTAMP:BTCUSD WITHOUT even knowing what BITSTAMP:BTCUSD is! Dont ask why.... This is when price action was around $900 in 2017 The false narrative and strong manipulation behind bitcoin is something i fell for; believing it's 'digital gold', 'digital store of value' etc... when...