Holding SHOP 80C 3/28 @1.95 since 3/14, I'll update this with how it goes I feel like the chart is straight forward, also my first chart in a long time Will also do Higher time frame analysis and post it Timeframes Used: The 15/30 min, 4hr, 5 Day Above is the 30 minute time frame in which you can see the Bull flag aswelll as the rounding base forming ...
With the current economy and other factors considered. We might see a deep pull back the technical side shows a few indications of that being true. But we could also see a short pull back followed with a large move to the up side. with all factors considered its a waiting game. Tuesday 📨 we will see what transpired. Have a nice trading week
OTC:CURLF Looking for a good entry point into the channel that CURLF is forming. Past three 14-day (9-candle) cycles have hit support, ATH, and support respectively. Looking for ATM on February 10th to confirm trend.
I have been working tirelessly to create a strategy that gives me a pretty high win rate and RR at the same time, which I know is unheard of but that won't stop me. This is one of my first trades based on this new strategy. I use Fib levels 62%, 70.5% and 79%, price is rejecting these levels and a 1hr resistance at the same time. Just found a 4hr support that...
This is my meaningful and detailed description of my analysis and prediction.
It's been a while since I've published anything, so here we go! At the last week's close, price seemed to reverse upwards, so I need to find where it's going to end up. I identified a downward trendline, and it crosses near the level that's associated with a prior consolidation period, so most would say that there's some sort of confluence going on here. We now...
I'm not doing this seriously, but this should be a fun experiment. I'm applying a brand new strategy here, trying to use the weekly and monthly levels. It would be too crazy if this actually works out, but hey, you never know until you try... Hey, before you scroll through and ignore this idea, just please check on the future price movements. Again, if it...
Yesterday, a lot of currencies moved abnormally, in that they created a candle with a really huge wick. This must've been the manipulation after the huge shorts that were made. Price is almost finished filling out the huge wick, and since other traders are gonna go long after seeing this huge up move, the market makers are gonna plunge the price down. So that's...
16.3-16.4$ is at the convergence between the short term 0.68 fib and the macro 0.236, which would make this dilution a perfect timing for a healthy retracement on the next couple of days before going back up with August delivery numbers.
I first saw a priceline that market's been reacting to over and over again. This time, it seemed to act as a support line. However, when I got in, I was lucky enough to already see that market grabbed liquidity from SL of trades going to against the support. So, what time was it, guys? It's my time to win some pips of course. When trying to move my TP, I saw an...
Price conveyed a strong downtrend, then it created a pennant, which is a continuation pattern. And if you look at a greater picture, you'd see that price created lower lows, and it was far from reaching the previous high. SL is crucial for this trade. Since it's a pre-market trade, the pips spread can widen at the start of the trading week. USDJPY's spread is...
Update on my previous idea: the gap up has been closed, 2 gaps down have been closed with more gaps up created. We are closing in on the 3rd gap down which also coincide with the golden 0.618 fib and will very likely be closed next week. I'm expecting a rebound in the days leading to the Q1 delivery numbers announcement with maybe the date given for battery day...
Update from my previous idea posted as there is a 3rd gap down from 10-13/01/2020 between 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered. I disregard any gap below 5$ or previous to 2020 up trend. Again I don't know what I am doing there...
Following the article www.investopedia.com it would make sense for the stock to keep going lower and close the 2 recent gaps: - 29-30/01/2020: 590-618$ - 17-21/01/2020: 510.50-518.5$ Or it could keep going on the rebound from closing/afterhours today and go close the gap between 739 & 776$. As always, I don't know what I am doing there...
Considering the overbought RSI, I would say we are going a little bit side way from now then a nice drop back to 0.68 Fib retracement on last pump followed by more side way and then a big drop to 2800 for a double bottom or even lower for a complete capitulation.
imnotrader ! i don`t like short stocks but it says value = 0.3 lol
Just what I see, continuing what I posted from last night. The first yellow Oval was what I was thinking last night, as 1. an exit for scalping/ if breakthrough would confirm the breakout to re enter. The newest one is where My concern would be for the next breakout and would be enough confirmation to reenter the market. I draw randomly squigly lines with how...
My friend told me about AKAM couple of days ago. I don´t know fundament, maybe is good. I think, now is all about waiting for price confirmation. I´d like long over fundament.