Moving Averages
XAUUSD Forecast Dec 2024Hi all Traders!
In the XAUUSD H4 chart, it is observed that after breaking the support zone, the price is currently in a correction phase and pulling back towards low level fibonacci or continue to above.
Considering the price structure and hit fibo 50%, it is expected that after reaching the identified resistance area, the price will resume its downward movement and target lower levels or after rejection in fibo 61.8% will be uptrend and then continue to downtrend.
Key Points:
Forecast 1 :
Sell Entry 1 : Consider entering a Short Limit position around Fibs 50% with price of 2663.27, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 2560.75
Sell Entry 2 : Consider entering a Short Limit position around Fibs -0.382% with price of 2765.78, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 2516.35
Buy Entry : Consider entering a Long Limit position around Fibs 1.382% with price of 2560.75, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 2765.78
Forecast 2 :
Sell Entry 1 : Consider entering a Short Limit position around Fibs -0.382% with price of 2765.78, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 2516.35
Buy Entry : Consider entering a Long Limit position around Fibs 61.8% with price of 2649.55, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 2765.78
Forecast 3 :
Sell Entry : Consider entering a Short Limit position around Fibs 50% with price of 2663.27, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 2516.35
like and share your thoughts in the comments thank you
SCI NSE Bearish channel BO WTF NEW Stock Analysis
Trade Plan: SCI
Entry: 50% of the total quantity at 243 DTF Close, with an additional 50% added at 274 DTF Close Price.
Stop Loss: 203
Target 1: 345
Target 2: NA
Hold for a period of 11 months to 1 year or until the target 1 is reached.
Chart Pattern:
The stock experienced a Pullback period of 5Months after touching an all-time high (ATH) of 383 .
Technical Indicators:
The stock’s daily timeframe (DTF) shows that the price is currently trading above the 50-day exponential moving average (EMA) and the 20-day EMA below the 50EMA. The EMAs are in Transitional sequence of alignment. The Stock is at good price point where the 50EMA and 200EMA are very close and the 20EMA has curved upwards.A potential bullish trend in formation on the DTF/WTF timeframe.
Volume Analysis:
There has been a surge up of volumes on the buy side for a Month now. Take entry as recommended in Trade Plan.
Prioritize Watch List:
Keep this stock in your watch list for further analysis and potential trading opportunities.
Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or Earlier basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions.
Technical Analysis Concepts:
Multiple Time Frame Analysis (MTFA):
Daily Time Frame (DTF): Used for short-term analysis and identifying trends.
Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation.
Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis.
All-Time High (ATH): The highest price reached on a specific chart.
Lifetime High (LTH): The highest price reached over the entire chart’s history.
Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses.
Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months.
Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly.
CHART PATTERNS
Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend.
Breakout (BO): A price move closure above a resistance or below a support level.
Flag & Pole BO: (F&P BO) Bullish Continuation Pattern
Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity.
Moving Averages:
Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data.
Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks.
Fibonacci Retracement/Extension:
Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements.
Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.
Can we get another 40% leg up with $SHIB?Last hoorah SHIB had with a double bottom pattern resulted in a 40% increase in price over 24 hours. As you can see, SHIB has formed and completed another double bottom with upward momentum following. If ETH can act right I feel this leg up will be just a much as the last, maybe more.
Can Cardano's (ADA) Rally Reach $2? A Deep Dive
Cardano (ADA) has undeniably been one of the standout performers in November 2023, surging over 140% and reaching a multi-year high of $0.80. This impressive rally has sparked renewed optimism among investors, with many wondering if ADA can maintain its momentum and even reach the coveted $2 price point.
The Drivers Behind Cardano's Rally
Several factors have contributed to Cardano's recent price surge:
1. Network Upgrades and Developments: Cardano has consistently focused on technological advancements, with key developments like the Vasil hard fork enhancing its scalability and efficiency. These upgrades have positioned Cardano as a strong contender in the smart contract platform space.
2. Growing Ecosystem: The Cardano ecosystem has seen significant growth, with a growing number of decentralized applications (dApps) being built on the platform. This increased adoption has bolstered Cardano's utility and potential for future growth.
3. Positive Market Sentiment: The broader cryptocurrency market has experienced a resurgence in recent months, driven by factors such as declining inflation rates and potential regulatory clarity. This positive sentiment has spilled over into altcoins like Cardano.
4. Institutional Interest: Institutional investors have shown increasing interest in Cardano, recognizing its potential as a long-term investment. This institutional adoption can provide stable support to ADA's price.
The Road to $2: Challenges and Opportunities
While Cardano's rally has been impressive, several factors could impact its ability to reach the $2 price target:
1. Market Volatility: The cryptocurrency market is inherently volatile, and sudden price swings can occur due to various factors, including macroeconomic events, regulatory changes, and market sentiment shifts.
2. Technical Resistance Levels: As Cardano's price rises, it may encounter significant technical resistance levels. Overcoming these levels will be crucial for sustaining the uptrend.
3. Competition from Other Blockchains: Cardano faces competition from other established and emerging blockchains like Ethereum, Solana, and Polygon. These competitors offer unique advantages and could attract investor interest away from Cardano.
4. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies remains uncertain, and any negative regulatory developments could impact the price of ADA.
Technical Analysis: A Glimpse into the Future
Technical analysis provides valuable insights into potential price movements. Key technical indicators to watch for Cardano include:
• Moving Averages: The 50-day and 200-day moving averages can provide support or resistance levels. A bullish crossover, where the 50-day MA crosses above the 200-day MA, could signal a strong uptrend.
• Relative Strength Index (RSI): The RSI measures the speed and change of price movements. An RSI above 70 indicates overbought conditions, while an RSI below 30 suggests oversold conditions.
• MACD: The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator. A bullish crossover, where the MACD line crosses above the signal line, can signal a potential uptrend.
Conclusion
Cardano's recent rally has been fueled by strong fundamentals and positive market sentiment. While reaching the $2 price target is not impossible, it will require sustained momentum, overcoming technical hurdles, and navigating potential market challenges. Investors should conduct thorough research and consider consulting with financial advisors before making any investment decisions.
Monthly crossover Precise Biometrics ABPrior monthly crossovers of 10 EMA and 20 EMA monthly has resulted in high gains 6 months ahead.
Crossover is happening with regards to 4 consecutive quarterly reports of improved revenue, profitability and expenses.
Opinion:
400M market cap is a golden opportunity.
The most explosive market cap increases are from 500M to 5-15B
Hasboro | HAS | Long at $66.00Hasboro $NASDAQ:HAS. Bouncing in an out of the historical simple moving average (SMA). While it may take a bit for it to spring out and continue its upward trend, it looks poised to do so. However, there is a small price gap that was never closed in the $40's that investors should stay cautious of if the downward trend continues. But a "confirmation" of a reversal will be either a continued move up or a retest of the lower historical SMA band (to close the recent price gaps) followed by a further move up. Fundamentally, NASDAQ:HAS has a high level of debt, but earnings growth is forecasted in its future. At $66.00, $ NASDAQ:HAS is in a personal buy zone, but patient investors may wish to wait for further confirmation of a reversal.
Target #1 = $73.00
Target #2 = $81.00
Target #3 = $87.00
Target #4 = $119.00 (very long-term...)
Potential Cup and Handle Pattern on PTLO (Portillo's Inc.)Potential Cup and Handle Pattern on NASDAQ:PTLO ( Portillo's Inc. )
I've been analyzing the chart of PTLO (Portillo's Inc.) and I may have identified a cup and handle pattern. Using the latest data available up to November 29, 2024, here's my analysis:
Chart Analysis:
The cup and handle pattern is a bullish reversal pattern that can indicate a potential upside move. Here are the key points I've observed on the PTLO chart:
The cup: The stock price has been forming a rounded bottom, or "cup," since Nov 15th. This is a sign of a potential reversal.
The handle: The stock price has been consolidating in a smaller range, forming a "handle" since Nov 25th This is a sign of a potential breakout.
Stock closed above the 20 day and is approaching the 200 day sma
While this analysis is promising, it's essential to remember that technical analysis is not a foolproof method. It's crucial to combine this analysis with fundamental analysis and other forms of research before making any investment decisions.
Next Steps:
I'll be keeping a close eye on PTLO's stock price and will provide updates if new developments arise. Targeting $12.50.
Disclaimer:
This post is for informational purposes only and should not be considered as investment advice. Always do your own research and consult with a financial advisor before making any investment decisions.
BTC is going finally to 100k?Hey guys!
We finishing this week with nice news?
So quick update about bitcoin situation. We have here bull MA crossing oon 4H TF, so we can potentially see some long movement on the weekends. Another bull sign can be a Thannksgiving Day, so markets can react positive.
On the other hand we have descending volumes and not really active movement.
Don't forget to use SL and follow risk management!
What's your thoughts about the short market condition?
MSTR PL dot push and refreshThe essential element of the Drummond Geometry is the PL dot (Point and Line). This dot is a short term moving average that is calculated as the average of the last three candles averages of High, Low and Close. In Drumond Geometry, the open plays no role.
PL dot = Avg(Avg(H1,L1,C1) + Avg(H2,L2,C2) + Avg(H3,L3,C3))
The key difference with other moving averages is the fact that in the Drummond Geometry, the result of the above calculation is shifted by one bar in the future, thus one knows in advance where the PL dot is for the upcoming bar.
The PL dot is very responsive. When there is a trend, then the PL dot is sloping in the diretion of the trend (up or down) whereas if the PL dot is horizontal we have a congestion condition in the market.
The PL dot offen sits at the top or the bottom of the bar, pushing the price up or down in a so called "PL dot push". In the MSTR weekly view, one can see how the PL dot was support since September and was pushing the price up until now.
The trade one could have taken is to long around the PL dot and put a stop loss couple of point below. The target would be first the Envelope Top and if the PL dot had "sufficient strength" then the final target would have been in the Area 6 (Exhaust zone). One can see how the exhaust zone acted as resistance and made price go back to the PL dot for a "PL dot refresh". Thus when price strays away from the Pl dot, the second pattern to trade would be the "PL dot refresh".
Imagine the dot as container of energy which waxes and wanes depending on the curcomstances. So when price travels away from the PL dot, it tends to "refresh" itself and confir wheter there is still energy for the move to continue.
Dogecoin $DOGE/USDT - 200D SMA Bull Regime DetectionThis indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies.
We've just had our bull regime print and are trading 43 days of bull regime duration.
Key Features:
- Dual SMA System (50/200) for regime identification
- Colour-coded candles for easy trend visualisation
- Metrics dashboard
Core Signals:
- Bullish Regime: Price > 200 SMA
- Bearish Regime: Price < 200 SMA
- Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
BANKNIFTY will go upwards a little moreDESCENDING RECTANGLE BREAKOUT -
Banknifty has broken ou t of a strong rectangle pattern on 15 min chart with good confirmation
GAP-UP BREAKOUT -
The breakout occurred with a gap-up indicating strong upwards momentum
SUPPORT FROM 30D SMA -
apartfrom this it had also taken support from 30D SMA during the closing of the previous day indicating there is potential for upward momentum
5-MIN TIMEFRAME -
the pattern and the breakout is even more clear on 5-min timeframe
Understanding the Cardano (ADA) Surge: Comprehensive Analysis
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, has recently exhibited a notable uptrend, breaking above the crucial $0.8800 support level. The price has since rallied to trade above the $0.9500 mark, surpassing the 100-hourly Simple Moving Average (SMA).
Technical Analysis: A Bullish Outlook
A closer look at the hourly chart of the ADA/USD pair reveals a key bearish trend line forming resistance near the $1.0200 level. However, a decisive breakout above this trend line could trigger a significant upward move, potentially propelling the price towards the $1.0500 resistance zone.
Key Technical Indicators:
• Relative Strength Index (RSI): The RSI is currently hovering above the 50 level, indicating bullish momentum. A sustained increase in the RSI could signal further price appreciation.
• Moving Averages: The 100-hourly SMA has been acting as a strong support level, and a break above it has confirmed the bullish bias.
• Momentum Indicators: Momentum indicators like the Moving Average Convergence Divergence (MACD) and the Stochastic Oscillator are also showing bullish signals, suggesting that the upward trend may continue.
Fundamental Factors Driving ADA's Price Increase
While technical analysis provides insights into short-term price movements, it's essential to consider the underlying fundamental factors driving ADA's price increase:
• Network Upgrades: Cardano's ongoing network upgrades, such as the Vasil hard fork, have significantly improved the network's scalability and efficiency. These upgrades have attracted more developers and investors to the Cardano ecosystem.
• Growing DeFi Ecosystem: The Cardano blockchain is rapidly emerging as a hub for decentralized finance (DeFi) applications. The increasing number of DeFi projects and protocols built on Cardano can boost demand for ADA.
• Institutional Adoption: Institutional investors and corporations are increasingly recognizing the potential of blockchain technology and cryptocurrencies. As more institutions allocate capital to Cardano, it can further fuel price appreciation.
• Positive Market Sentiment: The overall positive sentiment in the cryptocurrency market, driven by factors such as increasing institutional adoption and regulatory clarity, can also contribute to ADA's price increase.
Potential Risks and Challenges
While the technical and fundamental outlook for ADA appears bullish, it's important to acknowledge potential risks and challenges:
• Market Volatility: The cryptocurrency market is highly volatile, and prices can fluctuate rapidly due to various factors, including macroeconomic events, regulatory changes, and market sentiment.
• Competition from Other Blockchains: Cardano faces competition from other blockchain platforms like Ethereum and Solana. These competing platforms may offer advantages in terms of scalability, transaction fees, and developer ecosystem.
• Regulatory Uncertainty: Regulatory uncertainty remains a significant risk for the cryptocurrency industry. Strict regulations or unfavorable policies could negatively impact the price of ADA.
Conclusion
Cardano's recent price surge and positive technical indicators suggest that the bullish trend may continue in the short term. However, it's crucial to approach investments in cryptocurrencies with caution and consider diversifying your portfolio. As with any investment, conducting thorough research and consulting with financial advisors can help you make informed decisions.
Why Is Ethereum Going Up? Technical and Fundamental Price AnalysEthereum, the second-largest cryptocurrency by market capitalization, has seen a significant surge in recent weeks, outperforming Bitcoin and other major cryptocurrencies. This article delves into the technical and fundamental factors driving Ethereum's upward momentum.
Technical Analysis: Bullish Signals
Ethereum's price chart is currently painting a bullish picture, with several technical indicators pointing to continued upward movement:
1. Rising Momentum: The Relative Strength Index (RSI) is above 50, indicating bullish momentum. A sustained increase in RSI suggests that buying pressure is outweighs selling pressure.
2. Breaking Resistance Levels: Ethereum has successfully broken through several key resistance levels, demonstrating strong buying interest from investors.
3. Bullish Candlestick Patterns: The formation of bullish candlestick patterns like the bullish engulfing pattern and the hammer pattern signals potential upward price movement.
4. Increasing Trading Volume: Higher trading volume often accompanies price increases, indicating increased market interest and participation.
Fundamental Analysis: Positive Catalysts
In addition to technical factors, several fundamental factors are contributing to Ethereum's price surge:
1. Network Upgrades and Scalability: Ethereum's ongoing network upgrades, such as the Shanghai upgrade, are aimed at improving scalability, reducing transaction fees, and enhancing the overall user experience. These upgrades can attract more developers and users to the Ethereum ecosystem, driving demand for ETH.
2. Growing DeFi Ecosystem: Ethereum remains the dominant platform for decentralized finance (DeFi) applications. The rapid growth of DeFi protocols and the increasing adoption of decentralized applications (dApps) on the Ethereum network can boost demand for ETH.
3. Institutional Adoption: Institutional investors and corporations are increasingly recognizing the potential of blockchain technology and cryptocurrencies. As more institutions allocate capital to Ethereum, it can further fuel price appreciation.
4. Positive Regulatory Sentiment: While regulatory uncertainty remains a concern for the cryptocurrency industry, positive regulatory developments can have a significant impact on market sentiment and price. For instance, the departure of SEC Chair Gary Gensler, who has been critical of the cryptocurrency industry, could lead to a more favorable regulatory environment for Ethereum.
5. Bitcoin's Relative Weakness: Bitcoin's recent price decline and lower volatility have shifted investor attention to Ethereum. As Ethereum's dominance in the derivatives market increases, it can attract more capital and drive price appreciation.
Conclusion
Ethereum's recent price surge can be attributed to a combination of technical and fundamental factors. The strong bullish signals on the technical charts, coupled with positive developments in the Ethereum ecosystem, indicate that the upward momentum may continue in the short to medium term. However, it's important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors should conduct thorough research and consider consulting with financial advisors before making investment decisions.
Disclaimer: This article is for informational purposes only and should not be construed as financial1 advice. Investing in cryptocurrencies2 involves significant risk, and it's essential to do your own research before making any investment decisions.
Injective INJ/USDT: Long, 200D SMA Bull regime & Golden CrossThis indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies.
We've just had our bull regime print and are trading just 21 days of bull regime duration.
Golden cross is HERE: 200D x 50D SMA crossover
Key Features:
- Dual SMA System (50/200) for regime identification
- Colour-coded candles for easy trend visualisation
- Metrics dashboard
Core Signals:
- Bullish Regime: Price < 200 SMA
- Bearish Regime: Price > 200 SMA
- Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
Fetch.ai $FET/USDT - 200D SMA Bull Regime Detection
This indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies.
We've just had our bull regime print and are trading just 2 days of bull regime duration.
Golden cross incoming: 200D x 50D SMA crossover
Key Features:
- Dual SMA System (50/200) for regime identification
- Colour-coded candles for easy trend visualisation
- Metrics dashboard
Core Signals:
- Bullish Regime: Price < 200 SMA
- Bearish Regime: Price > 200 SMA
- Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
Easyjet ready to fly?Easyjet records better financial statements, looking at the report is possible to read that LSE:EZJ flew about 5% increase in seats when compared with last year.
The revenue increased by 14% this mainly because of the increase of 8% in capacity. Looking over the financial indicator it's noticeable an increase in revenue and the difference compared to 13 week moving average.
The price breakout for the second time above the top of ascending triangle following for a cross over the 200ema. The yellow resistance is the strongest one that still needs to be broken.
ADX is already above DMI- and being at 19,49 can show some strength confirming the DMI+.
EFI barely dropped below zero when the price failed to cross the EMA changing direction above zero rapidly.
CHGP - Uptrend may EXTEND in near term ?CHGP - Current Price : RM2.27
CHGP is bullish as the price is above 50 & 200 days EMA . It is currently forming a Bullish Pennant Pattern. Chart Pattern traders may wait for a valid BREAKOUT this pattern to trigger a buy signal.
Based on ICHIMOKU CHART, the stock made a breakout above CLOUD on 22 OCT 2024 which provides a buy signal. CHIKOU SPAN already moving above candlestick (which indicates a bullish scenario). At current moment, CHIKOU SPAN is inside the CLOUD and heading towards its resistance (LEADING SPAN 2 - the upper side of CLOUD). If the CHIKOU SPAN make a new high above the CLOUD, it will strengthen more the BULLISH outlook for this stock. As such, ICHIMOKU CHART traders may wait for the CHIKOU SPAN to break above the CLOUD to trigger a good buy signal.
Notes : CHIN HIN GROUP BERHAD is the largest shareholder of CHGP. Approximately holding 54.94% stake.
ENA | Facing some ResistanceEthena's decentralized stablecoin protocol is currently testing overhead resistance. Once this level breaks, further upside momentum appears likely. Technical analysis shows the Daily MA-50 approaching a bullish cross above the MA-200, suggesting additional strength ahead.
COCHINSHIP :NSE TRENDLINE BO DTF/WTF POSITIONAL NEW Stock Analysis
Trade Plan:
Entry: 1580 50% of the total quantity at DTF Close, with an additional 50% added at 2130 DTF Close Price.
Stop Loss: 1340
Target 1: 2100
Target 2: 3000
Hold for a period of 6 months to 1 year or until the target 2 is reached.
Chart Pattern:
The stock experienced A BULL RUN FOR 6MONTHS period to touch an all-time high (ATH) of 2999 . A CONSIDERABLE PULL BACK FOR A MONTH AND NOW
Technical Indicators:
The stock’s daily timeframe (DTF) shows that the price is trading TODAY above the 50-day exponential moving average (EMA) and the 50-day EMA above the 200DEMA. The EMAs are in Ascending sequence of alignment. A potential bullish trend in formation on the DTF/WTF timeframe. The 20 DMA has turned upwards starting a bullish reversal and is below the 200DMA indicating an Early Entry
Volume Analysis:
There has been a gradual drying up of volumes on the sell side. There is buying in the past 4 days above the 20VMA. Price Breakout has been done yesterday and retest today take entry as recommended in Trade Plan.
Prioritize Watch List:
Keep this stock in your watch list for further analysis and potential trading opportunities.
Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or Earlier basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions.
Technical Analysis Concepts:
Multiple Time Frame Analysis (MTFA):
Daily Time Frame (DTF): Used for short-term analysis and identifying trends.
Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation.
Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis.
All-Time High (ATH): The highest price reached on a specific chart.
Lifetime High (LTH): The highest price reached over the entire chart’s history.
Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses.
Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months.
Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly.
CHART PATTERNS
Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend.
Breakout (BO): A price move closure above a resistance or below a support level.
Flag & Pole BO: (F&P BO) Bullish Continuation Pattern
Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity.
Moving Averages:
Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data.
Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks.
Fibonacci Retracement/Extension:
Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements.
Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.