ASX
PPH $1.17 ready for the breakBit of a messy one, but looks like theyve got control again
Ready to move out, target in blue
Holding
BRN Short Scalp LongBrainchip showing signs that id usually look for for entry/reversals.
Short term scalp idea here.
Sitting and testing r3h (Range 3 high)= the daily range before a 30% up move. This is a short term range of importance.
EMA's crossed on 15 chart (not shown), at important level, and a MSB (market structure break), Pos div on RSI.
TIEwatching res lines and interaction with TL. DMI looks pretty good though not overly bullish yet. 21 ema about to cross above the 200
BTC Bear Casethis is my plan for a short scalp or swing on BTC.
liquidity has been taken at range high. Usually happen before a bigger move lower.
If we reject/hold below mid range im looking for shorts with targets marked on the chart T1 T2 and T3.
looking at ES and Nasdaq for confluence which look like a pullback is a high probability.
Again i dont care what way it goes.. plan for it and if your trigger gets triggered play it and manage risk.. Fu#k the Perma Bulls they will get you rekt..
BTC Bull CaseThese are my quick plans on how i plan to trade BTC short term
Option 1 is a break above the Mid range and hold I will long with stops below Mid and targets to range high and above,
Option 2 is a break down and show signs of support at that Range low, if it holds i will look for entries to target mid and range high.
Do i care which way it goes , NO, am i predicting what way it goes NO.. these are plans, if this do this... It might well god candle up and not give any trigger to get in and that is ok.
My bear plan will follow where if it show certain Characteristics i will look for shorts.
$MAYwatching for a push above the breakout line for entry signal,
Green box is the target if we get entry signal.
currently backtesting the low for that "daily range" that sent the market lower into the 1 month consolidation.
A push above the ema's and into 95-96 price range will be but signal.. lets see.
FYI a lot of news coming from the US this month so got to be cautious.
$PDN Paladin Energy PDN Formed a nice macro Bull Flag that broke out and trapped a lot of traders as it turned out to be a fakeout. These Breakout traders have since puked their positions on the fake breakout.
PDN then broke support and ranged under the OCT 2004 ATH. This looked like PDN was breaking down and about to go lower.. Exactly whaty a big Hedge fund would want you to think if they were building a position. they are hunting for liquitity imo.
Im bullish here for the following reason.
1.Reclaim of 2004 ATH acting as resistance.
2.Stoch in an area that tends to have a high probability for long setup
3.Small but Bullish Divergence on MACD.
A nice clean break and hold above 720 may start the next leg up on this stock
BTCPlenty of stops not taken marked with circle. I think we take these stops into FED meeting then test the 4 hour block and Mid range.. If we find support at MID il long from MID range to local range high.
21100 looking for longs...
lets see.
Again this is not a prediction this is just an idea that if this happens then i will do this..
Note that US oil is cooling, DXY is cooling Bond Yields are cooling. Starting to lean into a potential risk on environment.
PNV.ASX_Bullish Breakout Trade_LongENTRY: 1.600
SL: 1.470
TP1: 1.810
TP2: 1.935
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS -ve
- Weekly FFI +ve
- Moving averages are aligned.
- Price went above 200EMA on 5 Jul 2022 and went into range.
- Entry today based on breakout and >3% rebound off 10EMA with volume
- Would like closing to be better.
ETHETH ran too fast too quick,
Breakout traders are trapped here and if the prices trades lower they will be forced to liquidate their positions this in line with the FED meeting one the 27th and another rate hike this could easily playout.
Above and hold above 1600 i will cut and change go long..
for now short with target marked with circle.
4DXNEWS CAT
1JUL "4DMedical signs deal to supply lung imaging technology to Australian radiology clinics"
Looking for Option A
Or
Looking for Option B
Option B would provide a nice entry if we could flush down into that lower TF range in Blue. This range was the last range on the 5 minute chart that sent the price moving a lot higher. 22% approx.
Trigger is a break of the falling resistance line.
Confluence is a move above the 10day EMA, Above VWAP, a reclaim of the RL range marked on the chart.
$LLLJuly 5th "Sale of 28.6m Leo Lithium Shares-Cash Injection $12.9m"
Recent news catalyst.
-Looking for deviation of the low range and backtest.
-Trigger is on the backtest.
-Target is market on chart.
Confluence
-Above 20 day EMA
-Breakout of falling resistance.
focus on one thing. execute and be patient.
Doesn't work. move on to the next plan.
$LRS" New Pegmatite Zone at depth at Colina Lithium Prospect
Mon, 27 Jun 2022 08:41"
-News catalyst
-Back above Low Range.
-Backtesting low range
-Above the 20 day EMA all intraday TF's
Targets Mid Range.
patience is key to see this work out.. markets are extremely volatile ATM with FED meeting in july is also to be wary of.