TIME TO ENTER LONG - NASDAQ - NQ1 - 30MN We have seen the price breaking come important points and in the past following two clear uptrend patterns. There is some probabilities to see the same pattern repeating again. The dotted uptrend line show the potential next move.
We have observed a strong squeeze of the sellers on the horizontal red line which has been a strong area of some intense bounce backs.
Probability in seeing the market going up next week is very likely.
Squeeze
USDJPY Bullish Wedge Breakout, READYWith price coming down to its last moments before an Impulse Breakout, we prepared ourselves with the right conditions to move Bullish in this Opportunity as it has finally rose. With proper RR executed, Market Opened at an Ideal area that entry is possible along with proper Money Management.
BEWARE GAPES AFTER WEEKENDS & SQUEEZE AT $10,000 - BTC1! - 240MNThank you for your likes and shares! Much appreciated!
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The BTC1! market is very volatile and have for the last 12 months seen some important fluctuations.
Today we can analyse probabilities for the price movements.
We can see that the red top line is a strong resistance and pullback down zone.
We can see a top red dotted line representing the probable highest possible price at the moment. Another bottom orange dotted line showing the potential minimum price.
A repetition in price action has been observed, illustrated by the two blue uptrend lines.
Now the Bitcoin Future has entered into am horizontal ranging zone. The lower blue dotted line being the most probable actual support line. If broken the market could go further down.
$10,000 is a psychological price line and we have seen huge volumes of buyers being countered by even bigger volumes of sellers.
Beware, buyers could be trapped and squeezed out when entering long at $10,000.
For the moment, we believe a short entry opportunity at around $10,000 and possibility of gapes down after weekends.
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BCPTBTCChart is showing a wave three move maybe building. Both indicators are showing a squeeze release is developing. Good luck! Not advice.
JWN: Short Squeeze Pending???I have been trying to simplify my charting as of late. Fewer Indicators. Less advanced Math for the moment. Trying to Gain perspective.
Here is a Chart of a Trade I like.
Nordstrom is 5* rated Morningstar, and A-rated Profitable company.
There is a very large short position ... slightly better than 30% of the Float.
JWN has traded between 15 -16 since late June (last 3 weeks) A strong breakout above 16 should lead to a retest of the interim high of 25. The downside risk is probably 2 pts to a low 14 handle.
8 pt of Gain vs 2 pts of Risk. 4:1 Profile ... I will take it for a top retailer beat up by lockdowns.
POSSIBILITY OF UP SQUEEZE BEFORE RANGING TREND - GLYHO - 240MNGLYHO is arriving at a very important area, pink square zone.
Probable support and resistance are marked with a green to line and a red bottom line.
For the moment the trend is clearly an uptrend one. However, the market has already tested an upper point which as resulted in a strong downward pullback. The trending blue line has been holding the price up.
Beware:
-Possibility of continuous uptrend then a pullback down from the red line.
-Other possibility is a market fear which could lead to a brief retreat to the down red support.
Other thing:
- We can see that overall the market is recovering from the pandemic effect. The blue horizontal line is marking the most relevant pivot point. This is confirming a potential area where the market is at the moment.
APT short Squeezed The trade that wrecked my profits for this year, I got squeezed on this one multiple times and ended up breaking my rules and fighting the trade.
RULE #1 never break your RULES!!!
I have given up fighting the trend it's to strong I would love to flip long but it doesn't meet my risk management rules, but this one will defiantly be on my watch list to short once the ASX breaks down.
PS I have grit and I know I have an edge I just need to follow my plan and trade it, stick to the rules and protect my capital.
FAILED TO RISE BUYERS SQUEEZED - REMARK HOLDINGS - MARK - DAILYRemark Holdings Inc share have seen an important rise but since June we notice that the tops are falling, moreover, buyers have been squeezed in the middle of the month.
The formation of a potential triangle in the market shows that decisions are not be made before the first week of July.
Only a break of the red line or the secondary dotted lines will tell us if we can be active on this market.
Possibility of having a market ranging until then.
OIL? Hello?CURRENCYCOM:OIL_CRUDE
Looking at this chart, we are about to do a move. But where? up or down?
According to TDIGM indicator we are squeezing and all 3 lines are at the same place, touching eachother (insert creepy smile gif here). Normally, that indicates a breakout.
Counting with Elliot waves I would say down, but maybe i'm wrong and i'm not seeing other patterns. Also, add that second COVID wave is near, as the number or infections started to grow again. Last time that happen, Oil went down, hard.
Not sure what will make me think otherwise and see a potential upside. Anyone?
BitcoinAfter a level break, a “primary impulse" appears. This impulse is created by short players (since their stops placed there) and new buyers who saw a breakdown, as well as robots, catching such patterns - primary impulses. The price rests in the zone where placed some huge number of limit orders. On BTC it's near $10400. This zone absorbed the momentum. And then we saw that the price didn't remain at this level, and the price immediately went down to the level. Those it could be assumed that the seller leveled all the energy of growth. Everyone who wanted to buy above the level was already stuck in purchases and couldn't move the market higher.
Therefore, when you roll back to the level, the self-preservation reflex immediately turns on - "Is it a false breakdown?".
Well, when the price creeps under the level, where for the most part the stops of new buyers are already placed, it's not far off to expect a possible strong downward movement.
Similarly, consider short squeeze, when shorts are waiting for a fall, the price rises above the level, sellers' stops work, an upward momentum appears and then the strait down, etc..
Generally, many books have been written about false breakdowns which you can find for free.
just now
Best regards EXCAVO
MTCH , Potential EPIC short squeeze.Wow , MATCH has a 69.63% short float with a 14.67 short ratio.
Shorts may be in trouble here .
Bot in at $90.37 with a trailing stop set at $5.Will adjust that trailing stop if it pops .
In my experience short squeezes are difficult to buy into, the potential short squeezes on my watch list only seem to actually run about 7% of the time so be careful with these kinds of trades . However when they do run a 20-30% gain is not uncommon.
Good luck ;) or I should say wish me luck , crossing my fingers .