AN potentially hold out here or going down further?AN showing some sign of stabilizing at current level..
open to more downside or will it push up further?
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
Charting
usdjpy to push higher or break down lower?Wedge formation on h4?Let's see it will push higher or drop further.
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
Euraud looking to short pullbacksrejected the key R zone,looking to short on this cross
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
GOLD Key Levels! Analysis!
Hello,Traders!
GOLD has made a pullback
From the horizontal resistance level
Just as I predicted in my previous analysis
Now, the price is in the lymbo
Between the resistance at1810
And the nearest support level at1720
So we will be able to tell the
Potential direction of the next move
After the retest of the one of these levels
IF the current support breaks then
The next support level will be at 1620
So let's wait and see!
Like, comment and subscribe to boost your trading!
See other ideas below too!
AMD GOOD BUY SETUPEXPALINING MY BUY SETUP ON AMD
===
I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
Daily Candles on AMCDon't shoot the messenger. I am not a professional.
I think you are going to see a breakdown of AMC to about $6.15. The last three candles on the chart is a bearish formation, it recently broke its trendline and there is no buying volume. It is at a heavy resistance at around $9.70.
There is also the subject of parity with APE. Where the 2 prices meet in the middle and trade together. APE is very low right now and if there is a parity it would most likely be in the $6.50 range.
All opinions are welcome!
NASDAQ with a bearish head and shouldersNASDAQ currently suggests that we could be seeing strong selling and a continuation of the down-trend should be imminent from this week forward.
Looking over the statistics of 2022, whenever we had a correction, as we did for a few weeks now and finally ended in the red last Friday, the NASDAQ dropped for at least 2 weeks with strong momentum, if history is right we could see a strong bearish week this week.
EURUSD ready to trade below parityEURUSD is showing strong potential of trading below the breakeven parity level and I highly believe that by the end of August we could break the parity level and trade below it for the rest of 2022.
Looking at price action on this one I see 0 reasons for buying, in fact all we are forming is constant lower highs and lower lows... which suggests we are in tune for more bearish momentum if this process continues.
We just came out of a build up range followed by a bearish flag pattern... momentum is strong and I highly believe, based on what I see, that we'll be heading south bound for now.
Bitcoin's algo inverted (SHORT)I've been tracking the patterns and algorithms and it's been following it pretty religiously for a while, but I know that it sometimes just inverts itself to throw people off. I think that might be the case right now and if so, this is an estimate of what we can expect moving forward.
ETHUSD CRITICAL STAGeETHUSD par is at a critical stage to move towards a new bullish trend.
The .382 fibonacci retracement was successfully overcome, i.e. the bearish trend is weaker right now.
Next big step is break the 200 periods moving average with over mean volume.
The key these days is not to lose 3300 level.
BTC Perpetual Futures 24hr video One - Learning the SystemI finally got a camera and mic installed on my computer and i can do the recording. I am going to my best to explain my thought process. This, for me is an exciting new approach as it forces me to be coherent to a broader spectrum of mindsets. Yes i know all of you negative and trolly types have no idea what is going on, think i am trying to be a Guru, or sell something etc. But as i have continued to state, I am an artist, i started doing these charts after studying the use of geometry in predictive projections of reality. Most notable the reflections of this are found in the masterworks of arts that last through time. Its never the matter its made of, it is always the geometry. So this is video one, i am streaming my consciousness, i think, because the pattern recognition area of my brain is busy mapping geometric expressions. i have not done that before but i expect my mind will build a more correlated pattern of inspired information along the way. So enjoy. I did Going to make more on this same chart so you can see the whole process. If anyone out there ever comes up with a code or algorithm that can do this automatically that would be cool.
As it stands now i appear to be the only person in the entire world doing this. That's kinda cool. Even cooler if you, reading this, are also seeing these patterns. Let me know. It is definitely specific mind that i hope to find out there. One who might enjoy organizing grains of sand into patterns before the next gust of wind.
$LKE $LKE.axLKE breaking out of a 5 month consolidation period, looks like a 5 month cup and handle pattern
Target is at the 1.414 Fib level and also the "Cup and Handle" Traditional chart pattern target.
Lithium sector and commodities all running hot atm.
Volume is very notable on the breakout also. Adds conviction.
Looking for lower timeframe backtest entry
BAC Mid-Long Term Entry Play (Positions & Options)Technical Related:
- Double Top on BAC (already hit)
- Hit resistance level (around $38.25)
- MACD dipped extremely under half-line (more room for volatility)
- No further bearish technical indications
News Related:
- War between Ukraine & Russia heating up (bearish)
- Bank of America's financials are good + getting better (bullish)
- Buy rating given from analysts
- 1-yr price target: $51.57
- EPS Estimate: 3.26
The Play:
- Long-term position entries
- Long-term option entries?
- Mid-term option entries
*Please critique me on anything as I am new to charting :)
AAPL Weekly Option Swing TradeTECHNICAL:
- Symmetrical Triangle Formation
- Wait for breakout or enter now ( higher risk )
- Double Bottom Formation
- Bullish
- MACD Cross
- RSI low
- More room for volatility
NEWS RELATED:
- Ukraine & Russia will be having a discussion (positive)
- Market may relax w/ panic selling
- War may calm down soon
THE PLAY:
- March 04 Calls
- Monthly Long Calls
- im new to charting so please critique me :)
The Power of using NPOCS on your Charts BTC/USDA Naked Point of Control is an untested point of control which is either time based or volume based and exists in the current market structure.
These NPOCS can serve as excellent targets for trades as well as potential areas of support and resistance dependent upon the NPOC's profile distribution.
I have marked this Bitcoin Chart with Daily , Weekly and Monthly NPOCs and using the boxes I have demonstrated how powerful NPOCS can be
when incorporated into a trading strategy for Scalps Daytrades and Swing setups.
I use NPOCS with other confluences mainly Fib levels and order flow and the respect for these levels is well worth noting .
I hope this information helps you define a strategy for your trading as utilizing these correctly will boost your ROI.
Whatever the case thanks for viewing my work and be sure to like and follow .
BTCUSD 15 minute Chart Patterns - Possible Use demonstrationI think when I can explain how i use this chart i will understand it so much better. In this demonstration i am just imaging different paths and roughly where i could imagine making moves. If it hits a buy area becuse it is bouncing off a trend line and the volume. This is what every trader does, in their own way. I originally looked at many methods, all i could find, in books and online, they often all track the same point or area. So i figured my own method was as good as any, as lon as it worked for me.
To have value now the price of crypto has to have potential gain in value or it will be loosing value. It changes constantly , especially, with manipulation, and we all make money off of buying and selling or we hope to make money by buying and holding or we do both. I do both. I bought my kiddo long term bitcoin. It could set her up or it could buy, hopefully, a first car.
No one can really predict a price because price does not exist. Just movement.
Which is every news story that is related, every celebrity endorsement every major company or player endorsement and if this makes any of them a profit they will increase its value with the rest f it wanting to hold crypto based on potential gain. Its value is in creating value. Which is a given. The fuel is the believers. Which is the telling.I don't think there is a way to know.
Tomorrow they could shut it all down or say they embrace it and every body goes ape$%^t. Then you redo your charts and see what stands out as new psychological areas of gain and loss and game. This is the plan i see right now, but only one, of many possibilities.
Though the chances of this being right is like .00000001 it would be super cool if its close. Either way i keep playing and learning for thee action the rewards lets me do it. And doing it makes the value tangible and enjoyable as the idea of spending crypto make no sense as its a fluctuating value that i'm investing in because i want it to to up. This is just my approach to explaining this approach. Why not. So take it as thinking out loud and feel free to agree or disagree. Im an artist and i trade to pay the bills. These spots i'm choosing are spots where I think it could easily bounce around and areas i could buy or sell. In these areas this is how i would be thinking of game value. But i will update and change my plan constantly. I like the idea that this chart will be locked in a moment in time and that some could be close. The market looks volatile and exiting.
The excitement of how much can you make today.
"Hey i paid for my groceries."Whoop! Whoop! is usually what i am thinking. "Hey that just paid for my kids college" is what id like to be thinking. Or even hey my kids makes a living in the crypto sector of gaming and virtual reality. I also created some art and ideas along the way.Longterm value requires much less action. So i like to use this approach in the now of the market , in the long of the market i use everything in the world i can consume and enjoy doing so i use it in teaching my child the world they are headed towards.
In the end i just make a buy or sell decision at a price point in moment in time in a positive to negative, negative to positive motion based on that same moment in the world. Like every other trader. Even the algorithms. This becomes important in belief. I have had stocks in companies that I thought were geniuses and were going to change the world and they completely went under. Thats how the money roll. buy, sell buy, sell, buy, sell. But i like crypto much better than stocks. Just as a whole. I am concerned the stock market will vanish before it merges into crypto. Probably cheaper for them to crash than to just swap our stocks for coin.