IBOVESPA BRAZIL - triangle pattern before new lowsIBOV is tracing a minor triangle ABCDE pattern that will culminate with the end of intermediate wave (B). After completing this move IBOV should collapse to new lows below previous wave (A). The triangle pattern is not a reliable pattern to trade, therefore we should wait until wave (B) is complete in order to short the index. FOLLOW SKYLINEPRO TO GET UPDATES.
Indice
"Coca-Cola: Top and Bottom Analysis" by ThinkingAntsOk4H Chart Explanation:
- After this big fall, price seems to be bouncing on the Weekly Broken Ascending Channel.
- After the Pullback and the Support Zone, price has potential to move up towards the Resistance Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
BIST 100 Price Action Analysis | Trend Reversal OpportunityTurkey Stock Market has reentered to the Trading Range. Even though there might be some consolidation in the Demand OB, current structure indicates this downward momentum won’t stop until reaching the Range Low and gathering the enough liquidity.
Entry: 88500
SL: 83400
TP-1: 98900
TP-2: 103900
TP-3: 108900
R/R: 4
Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.
The ideas published here are not financial advices.
S&P 500 Down 33 Points First Day In DecemberWith a strong bullish November, we saw price rise by 102 points. The momentum looked strong and
seemed as though it was set to continue through to the end of 2019 but the momentum has come to a halt for now.
Price has dropped sharply, falling 33 points on the first day in December and not that start of
the month we would have liked to see but what does this mean?
Nothing much just yet as this is merely just a pullback for now and nothing to worry about.
Looking at this Index on a smaller timeframe such as the 5 minute chart, this would appear
to be a very large decline. But looking at the daily timeframe we can see the uptrend is still
intact and price has not even moved below the previous low from the 20th November 2019 at $3,091.
The pattern of higher highs and higher lows is still present for now but we need to identify
possible areas of support that price may move down towards.
The first and most obvious level is the 20sma just below price.
If price falls lower then the 50sma, previous support level and the $3,000 round number are
clustered together and should provide a strong level of support.
Following that, we have the 200sma to cushion a further fall in price.
The December 2018 to May 2019 bull trend rose by 607 points. The current trend has risen
423 points so far, so we may see further moves to the upside if this one is going to surpass the prior trend.
Let us see how the market plays out from here on.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
S&P 500 Price Action Analysis | The Direct ProportionSP500 is still consolidating above the Range High and needs to break out the Key OB. The direct proportion between the volume and the price action (higher highs and higher lows) is indicating that this distribution isn’t done until it reaches its targets.
Entry: 2881
SL: 2719
TP-1: 3089
TP-2: 3219
R/R: 2.09
Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.
The ideas published here are not financial advices.
S&P 500 Finding Resistance Difficult To PenetrateLast post: August 7th 2019. See chart .
Review: Price was finding support after breaking through a previous support level.
Update: Price has started to go sideways and is struggling to break above the resistance level.
Conclusion: We need to wait for price to break through resistance followed by the previous all-time high to help us confirm a continuation to the upside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
MATA O TOURO!! (BULL TRAP??)FERRMENTAS:
no preço:
Quadrado de 9 (QUAD9) calculado a cada 360graus.
É nítido que o preço RESPEITA as diagonais de 45graus?
Pois é... parece que sempre respeita.
um dia explico a lógica do fluxo de energia em um quadrado 1x1, o chamado 'contenção do infinito" da incomensurável, fato conhecido desde lá os pré-socráticos.
(as vezes acho que W.D.GANN pescou isso por ser grão-mestre da maçonaria. Vai saber? ;) )
MAs hey-ho, let´s go!
PRICE ACTION:
o preço está em um novo quadrante do QUAD9.
o preço está ACIMA da linha de 45graus desse quadrante.
SE o preço cruzar a linha amarela da diagonal inversa, então ele tem vai de 101450 até 101662. Um belo SCALP.
SE o preço atingir 101662 e não desistir (monitore em H1, faça seus trades em M15) então 101985 é o próximo alvo. um bom swinguinho.
SE o preço confirmar-se acima do 0.5 do quadrante, então espere 102301.
AGORA
Se o preço falhar de romper a média amarela, e voltar e romper o 0.5 do atual quadrante, espere 101029 (um scalpezin que paga o pão na chapa na padaria, por um ano! :D)
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AGORA O INDICADOR:
o indicador é um clássico dos velha-guarda de FOREX;
é um W%R de 9 períodos + uma EMA de 9 períodos tb.
Veja que lindo!
tocou e rejeitou as duas linhas é PULLBACK
tocou e rompeu, as duas linhas é ou um TOPO ou um FUNDO
(ok q o Tradingview não escalona com perfeição o treco, até hoje só vi dois softwares fazendo direito isso, o METATRADER 5 e o SIERRACHART)
Mas tá ai.
o q o indicador indica?
UMA ÓBVIA REGIÃO DE SOBRECOMPRA.
pór isso que não aposto nada acima de 102301 para quando a Bolsa voltar... ainda mais com um dia inteiro de GAP temporal.
para daytrade esses são os pontos que me interessam.
Pra swing, swing SÓ quando o indicador cruza as linhas e AO MESMO TEMPO o preço rompe OU uma diagonal de 45 graus OU rompe um quadrante de GANN.
-------------------------------
PARA AJUDAR, o MURREY MATH ainda por cima está em 8/8 da oitava de alta, OU SEJA, SE não ROMPER 102301, VAI DESCER.
se romper, cria-se uma nova oitava via o MURREY MATH.
-------------------------------
PS: Não ache que o preço fará X (a não ser que saiba aplicar o quadrado d 9 em volatilidade e TEMPO). Espere o preço atingir algum ponto que lhe é importante em sua analise. e vá ou volte com ele.
PPS: para aplicar W.D.GANN no tempo e achar horários de mudanças, indico o software GANNZILLA que é de graça (ou pague R$60mil por ano pra usar o OPTUMA! :D) e tb a fórmula derivada de GANN criada pelo Carl Futia
--------------------------------
MINHA ORAÇÂO PARA PURIFICAÇÂO DIÁRIA:
OREI PARA BOLSONARO!
ELE NÃO VEIO!
DEUS APARECEU!
DEUS ME DISSE,
"OU LULA SOLTO, OU LULA, MORO, DALLAGNOL, FLÁVIO BOLSONARO, MILICIANOS, AÉCIO NEVES, JOSÉ SERRA, TODOS CORRUPTOS PRESOS"
PERGUNTEI, "PQ ISSO DEUS?"
E DEUS ME DISSE,
"PQ A JUSTIÇA É PARA TODOS OU A JUSTIÇA É PARA NINGUÉM"
AMEM!
"BRASIL A SERVIÇO DE TODOS BRASILEIROS.
DEUS ACIMA DOS DEÍSTAS.
O VAZIO EM TORNO DOS ATEUS."
KALLISTI!
Attempt for a recovery - Early Reversal?Nasdaq is up more than 2% after several days in the red, coinciding with the fed's will to lower the interest rates to calm the trade war. Although it is a counter-move to buy now, the analysis of a bull run or a pullback is supported by the double-bottom formed with the low of March the 8th. We experienced a sharp decline of bear volume since the 11% correction from the year's high.
Setup to be watched closely :
- Buy @now
- SL @7000.00 (Institutional Level near the current strong support)
- TP @7643.00 (Close to 7700.00 which is 2018's high)
S&P uptrend ending soonMomentum is slowing down as we approach ath and it looks price could reverse soon.
Tech stocks: The FAANG bubble popped. We are at a prime area for return to normal bull run to top.
Expect disapointing earnings fueling a selloff. Even if they are good we selloff anyway probably :p
And drive the whole market lower.
FAANG all in the same situation and big other ones too.
We seem to be at a time where retail dominated markets reverse in that area.
The chartguys whose videos I sometimes watch says that we could go up easilly if BioTech bounces.
FAANG alone are 11% of the snp and every one watches them, the whole planet knows about them.
Biotech is smaller and less people care and Theranos (eksdee).
Odds look good or ok.
US30... DOWN UNDER!As you can see guys we have here a beautiful head and shoulder pattern on US30. The rule says what ever distance from top to neckline, after the breakout it will drop the same distance. If you can see that distance, it means it should drop down to 25619 in confluence with that zone. Price threw a wick all the way up during FOMC today but respected the pattern and dropped right back down breaking the neckline and now on its way up to retest it. that's our entry. There is a lot of confluence there.
1. zone
2. support/resistance
3. 50-61.8 fib level
4. it will either form a small pattern such as double top, or candlestick reversal pattern before the drop.
Wait for the pattern to complete before entering the trade to minimize risk or just place a sell limit and the stoploss with your take profit.
stoploss: 25877
take profit: 25495
DAX, next week forecastHi guys !
This is an analysis on DAX . There is a beautiful bullish divergence with RSI and a double bottom . DAX 0.49% bounced on his strong support around 11 045-50 to complete this double bottom .
Next week should be a correction with a upward retracement. I'm using Fibonacci level, and the price is currently staying on 78.6% of Fibonacci retracement , the daily support.
Thanks to everyone !
*DJI 4HR Update* **Watch out -- Bears are winning**TVC:DJI has been on an up trend, however I am seeing signs of weakness although it is now heading toward the its initial control price area.
Chances are that if it cannot break 22200.00 , the reversal may be unfolding... real soon.
If it does break, it may go above 22200.00 and beyond. If not, it is highly likely to come back to 21600.00 , 21500.00 level.
Key levels to watch out 22200.00, 22300.00 and 22400.00
Trade with care.
Digit
UK100 LONG PROJECT - 2 in 1Good day (and night :-)), All!
Major bullish green wave and supporting its formation minor yellow WW are currently taking shape and will most likely be formed within the next day.
Normally, I wouldn't trade such a wave alone, but with the support of lesser yellow one it's worth of giving it a shot.
I would like to underline that major green pattern can't (!) be considered to be a standard WW as I'm ignoring the spike which is forming minor yellow wave (point 2).
I chose such a form in order to keep the shape of green wave according to (more or less) classic pattern and as it also fits the minor WW.
The yellow wave is correct and can viewed as a valid formation completely on its own. The targets of both waves are located pretty close to each other.
However, I would expect the price to re-test previous resistance in 736x-737x area before reversal and if so, confirming (incorrect, but working) green major pattern.
Good luck and great trading!