The price is in an order area, if the gray area is crossed a buy trade can be entered
Description: An analysis for the week ahead. Points of Interest: $3,580 Balance-Area Boundary, $3,506.25 Excess Low. Technical: After an initiative upside drive on news that another COVID-19 coronavirus vaccine developed by Moderna Inc (NASDAQ: MRNA) was 94.5% effective, U.S. index futures pared gains as participants struggled to maintain higher prices,...
Bull base scenario When I see the price range on the down trend compare on the up trend clearly spot alot more volume coming in. Price pull back normally around same percentage range. This give me an idea this look more like pull back to go up again. The price pull back not because of this project itself but because of effect from BTC sell off. Bear base...
EURUSD has been ranging most of the week. It should change with upcoming fundamentals on Monday 1015 - 1030 for EUR and USD has a moderate impact all throughout the week but FOMC meeting is on Wednesday 900 (CEST). What is important is the on-going election in the United States (which by law doesn't end until December 12th). Trump's team prepares 7 lawsuits from...
Entry: $18.5k Stop: $18780.01 Profit: $18k (ish)
Don't trade it like a trend. The high is around €16k ($18'980). I believe it's likely to break bellow. A retracement is overdue. The technique I use is to place a stop loss 1 tick ($0.01 in this case) above (short) or below (long) the daily high and low. I use position sizing to limit my risk to at most 1.5% of my trading account.
decreasing volume on the daily. we may see a slight pullback before going for all time highs again.
🎗 CAD/JPY Setup / Analysis 🕐 2 Hr's Chart / 📋 Educational —————**- 🗒 Just browsing through my analysis means a lot to me. —— ➕ Key Technical / Reason's Short ——————————— 📍Entry Break 79.500 Poc Red line Break Trend Break Counter Break Day low Break 📍Target Reversal 77.500 Major Turn level Channel lower Band Golden Zone Quarter low Year low ⚠️...
The inability of price to break the 18900 level suggests a sharp move back down to at least 18000 is likely If 18000 doesn't hold the next stop is 17k
Simple analysis for the near future shows Stochastic RSI hinting at a reversal. Possible "W" bottom formation followed by a higher low. Ascending support line. Strong buy volume. A positive weekly candle close could push price towards 30 cents. Negative candle will send price to retest ascending support line around 22 cents. Flipping that 30 cent level...
Evening Traders, Today’s analysis – ALGOUSDT- impulse break above Local S/R, holding these levels are deemed bullish. Points to consider, - Price action impulse - Local S/R Support(200 MA Confluence) - Daily S/R Resistance - Volume Influx ALGOUSDT’s immediate Price Action is impulsive, allowing us to have a bullish bias in the immediate short term, The...
While revenue fell below expectations, Grocery Outlet's earnings skyrocketed ahead of expectations. the company still trades at 1.2x sales and looks to be a medium conviction play. When considering the consolidation in the grocery space in general, as well as FCF for reinvestment, it's worth thinking about the buyout potential for a mid-tier regional looking to...
1) Entered this stonk since 16 Nov (4 days) when it broke the flag with volume. 2) It could be like NIO, XPEV, LI, WHKS and others.