You can clearly see our tapered buying continuation purple (newly introduced to this chart). This is what is guiding price right now and will most likely be where price wants to go: This is for 2 reasons: 1. We still need to prove sell-side tapering away from teal by showing orange support. 2. That orange support and retest lines up perfectly with our purple...
I am bullish on this stock longer term as most everyone is but it's rare to have a clear short opportunity to capture the pullback - and with the 5day and 20day averages sitting so close this could be our shot. As always, keep you posted with more analysis as price develops! Happy Trading :)
OVERALL DAILY TREND: BULL BIAS in HTF From a Daily TF perspective, there seems to be a higher timeframe Wyckoff Accu 2 at play. There is a DTF Rally that is undergoing a pullback sequence and is already at the area of the Daily Fib 618-786 Expectation is that PA will reverse soon to the upside. DAILY CYCLE POTENTIAL OUTCOMES for today: D3 shorts/ False Break...
Happy Sunday and Labor Day Weekend for those celebrating! However, the FourX market never goes on holiday. Updated outlook and analysis on USD/CAD - we have some very interesting confluence at important levels to determine the controlling trend. We are currently in a daily pullback (uptrend) within a HTF downtrend with signs of either: 1. Reversal from LTF...
MTF Analysis Check annotations in the anchored notes for M-W-D-H4/H1 analysis.
MTF Analysis Check annotations in the anchored notes for M-W-D-H4 analysis.
PRICE didnt go higher as i wanted it to . if you look a DXY there was some unfinished business that need to be dealt with. took a short from a long loss which is pretty decent.
As you can see here. I'm awaiting shortterm a further bearish movement. Perhaps touching the 200's SMA. After this I expect a sharp rise in gas going into the seasonal peak time for natural gas.
MN TF: Present a very good buy for SWING if price reaches into fresh MN Demand zone WK TF: Has short-term SHORT opportunities with confirmation H4 TF: 1) 1st sell zone identified 2) 2nd sell zone (preferred)...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Do we break the line and pump? Or do we go back down for another test? Took out a short at 3850 with a tight stop at 3933 USD. Set a buy to close the short at 3682.
Please see link to my previous idea for XAGUSD - I'm looking at the prospect of silver dropping next week followed by a ranging period in the 19.000 - 20.000 levels towards the end of Q4. Providing it can stay inside the trend channel, price should look to move back towards the top line. Quick impulses upwards would indicate a bullish breakout and a move back up...
Potential head and shoulders on four hour time frame, could short around 58 which would form a double top with targets around 58-52
Longterm i am looking to be long but right now i will place a short at 18,64 and see if i cant some money on the way to my buy limits. placed a quarte position so not risjing too much either. #Trade618Pro, #entrylevels
Current Setup BTCUSD Sell 2 14 447.50 +469.00 Pending: BTCUSD Sell Limit 1 17 467.24 BTCUSD Sell Limit 1 16 527.45 BTCUSD Sell Limit 1 15 768.39 BTCUSD Sell Stop 1 12 461.05 BTCUSD Buy Limit 1 10 524.55 BTCUSD Buy Limit 1 8 316.22 BTCUSD Buy Limit 1 6 930.00 BTCUSD Buy Limit 1 5 748.40 Estimated Wave4 ending...