EURCAD long scalp setupEUCAD hovering around a demand zone in this squeeze/compressing pattern. A break to the upside might offer a scalp trade to the upside.
More specific TA in the chart.
Squeeze
Squeeze Momentum IndicatorHello.
I thought it would be a good idea to comment on one good indicator.
This is SQZMOM by LazyBear.
It is one of a class of volatility indicators.
It has two indicative messages.
1. Crosses.
Black crosses indicate price contraction. Price contraction signals that the movement can no longer be continued in the direction of the previous momentum.
Gray crosses mean expansion of the market, respectively, the realization of the potential in the direction of the current momentum.
2. Momentum bars.
Green ones show upward movement.
Red ones - downward movement.
Now let's look at the difference of situations 1 and 2, first of all through the difference of indication 1 (Crosses).
No black crosses have appeared on situation 1. The price is breaking out of the channel and further market expansion is taking place.
Situation two also has a channel, but we already see 4 consecutive black crosses and a lowering of indicator bars.
It is also a divergence at the same time.
As with any other indicator, you will monitor whether the bar has reached the maximum zone (90 on average).
Situation 1 has not reached, but there are black crosses.
Situation 2 has reached ~90 zone.
The optimal entry point (in theory) is the first black cross and the down or up bar at the same time.
If momentum falls, it's short. If it rises, it's long.
However, practice shows that it is not enough, and we have to hedge with other signs. In this case the reliability increases.
Now you can predict the candle's exit from channel 2.
GOLD price action SQUEEZE. Long from strong SUPPORT.The price perfectly fulfills my last ideas. The market is heading toward resistance zone from the strong support level . The price is squeezed by descending triangle pattern and the price might bounced off it and go up to test the resistance zone . I think gold might go up if price action breaks out of the triangle pattern . My goal is the resistance at 1865.
$BBIG - Vinco Ventures - Mega Broadening Wedge$BBIG: Mega broadening wedge. Vinco Ventures, owner of Lomotiv the Tiktok competitor, will submit a plan and earnings report to Nasdaq to successfully regain compliance. Then they will name a new CEO around the same time the US President will declare an end to to COVID-19 pandemic. The stock price will gap above $1.00 and push up to $5.00 to complete the pattern.
MULN: SIMPLE SETUP FOR A SIMPLE PLAYDESCRIPTION: In the chart above I have provided a semi-macro analysis of MULN a penny stock that has seen a continuous drop since IPO after hitting record highs of roughly 1200 points but now down to penny stock territory.
POINTS:
1. Deviation of 0.2000 justifies SUPLY & DEMAND POCKET PLACEMENT.
2. Symmetrical Triangle Formation
3. ONE LAST TEST OF 0.3200 CAN STILL BE IN THE WORKS & WOULD MAKE FOR A MORE STABLE SETUP.
IMO: With current chart setup I would consider this stock to have great bullish momentum on the short term and should perhaps only be seen as a squeeze play rather than an investment over the long term.
SCENARIO #1: In a bullish scenario price action should break 0.5500 with strong momentum to give way to a potential squeeze of price action.
SCENARIO #2: In a bearish scenario if price action is to break down below 0.2500 with strong momentum this would invalidate setup and be an optimal exit.
FULL CHART LINK: www.tradingview.com
NASDAQ:MULN
TRXUSD - Potential Long after Squeeze. 50% ProfitWe received a strong Buy signal through Crypto Tipster v2 recently, after drawing a few trend lines and support/resistance horizontal rays it looks like this triangular squeeze is coming to an end, a large breakout is iminent.
As we are already sat on a strong area of support, our thinking is that breakout will be in an upward direction, with the next level of resistance bringing around 50% profit, or more!
LUCID: MARKET MAKERS & VOLATILITYDESCRIPTION: In the chart above I have included a MACRO ANALYSIS of LUCID that focuses on RSI AND MACD behavior in past SHORT SQUEEZE scenarios along with information on current trend and supply & demand pockets.
POINTS:
1. DEVIATION of 6 POINTS hence SUPPLY & DEMAND POCKETS.
2. DOWNTREND CHANNEL STILL IN PLAY UNTIL CONSOLIDATION IS CONFIRMED.
RSI: When it comes to RSI notice the angle at which the last two SQUEEZES have occurred 25 & 36 DEGREES while current RSI is ANGLED at 61 DEGREES. This measure in DEGREES is important because the STEEPER the ANGLE the SHORTER THE PERIOD WILL BE THAT RSI MEDIAN WILL LINGER AT OVERBOUGHT LEVELS BEFORE RESETING & SEEING SOME COOL OFF.
MACD: CRUCIAL TO POINT OUT NOTICE MACD IS CURRENTLY STILL SQUEEZING AND FAILED TO RESPOND CONFIRM CURRENT BUYING PRESSURE MEANING THERE IS STILL A LOT OF SHORTING PRESSURE.
IMPORTANT: Current PRICE SQUEEZE ACTION is uncannily similar to SHORT PRICE ACTION on MAY 12 2022, when price action eventually pulled back into DOWNTREND.
SCENARIO #1: In a BULLISH scenario since RSI is at OVERBOUGHT LEVELS & if price action is to head higher expect somewhat of a VOLATILE CORRECTION.
SCENARIO #2: In a BEARISH scenario since MACD failed to confirm UPTREND a downward move is to be expected next possibly pushing price action down to the 10 - 4 point SUPPLY & DEMAND POCKET.
FULL CHART LINK: www.tradingview.com
NASDAQ:LCID
AMZN earnings setup to burst out of squeezeWith the IFT(CCI) IFT (StocH) in positive territory and Di+ riding top, as price emerges from squeeze burst of energy is released
Earnings catalyst setup
AUD.NZD Bollinger Band SqueezeHello Traders,
I'm currently watching AUD.NZD 1hr.
I'm a big fan of Bollinger bands, and I use BB in my system. BB is currently in a squeeze, will price break up or down?
I think price will break to the downside, but let's see what price does.
Remember, get confirmation with more than one indicator and use proper money management.
Samantha
She’s tight… any volume and she’s flyingSuper self explanatory.
Check out my other posts to view my feelings on the GME saga and where I have stood. I’ve discovered some very interesting coincidences in the market all thanks to a supportive community.
I think it’s officially officially close to end game. I don’t picture her holding down past summer.
Good game apes, we won.
35-59% near term upsydeLast I posted on GME was In October - I pointed out it was an **obvious and typical** NinTendo pattern and of course it worked out.
I didn't follow up or anything as it fell from grace because why would I? DYOR or whatever. Well now I'm back from a rave roadtrip and I see that its ready to pop again:
Initial target 23.88 by 1/24/2023
Target 28.08 by 2/3/2023
Play: Go all in rn
AMC broadening wedgeI’m in 1/27 $8 calls; possibly bad calls so get better and stop loss under set-up.
Beyond Meat - The Vegan Short SqueezeIf looking at last year's POC of BYND, you can notice we have been oscillating above and below that $15 range since September 2022. BYND has been in this slightly sloping downward/sideways channel with the most recent low being the bottom of the value range, building a nice base for a move higher.
In recent days I've noticed some unusual options activity in a handful of highly shorted names and this is one of them.
Paired with bullish bets on these names with some sizeable money, overall indices this week finished on a strong close going into next week.
Above this $17.00 level on BYND is a volume gap where significantly less volume has traded as only 4 days moved it through this zone last year. These voids can sometimes fill rather quickly when price starts moving back through them. In conjunction with this, LBR MACD has a first cross which can be a long buying opportunity, with an RSI that has recently cooled off from overbought.
Today I opened a long BYND position. This is in anticipation that we test the upper part of the channel again as well as that $17 area, possibly getting into the gap. Mix in the fact that this stock has a float nearly 40% short, with earnings a month away; there could be a short squeeze over the next few weeks in this one.
Calling bottom and hopefully dodging a falling knifeSetup: Squeeze breakout
Trade rating:4/5
Reward: risk: 5:1
Tesla has been consolidating and seems over sold to me. was waiting for confirmation and this breakout of the channel looks like the reversal confirmation we have been waiting for.
my only concerns in the longer term is that the overall market turns bearish and pushes it back into the consolidation area
let me know your thoughts in the comments!
Short Cycle's on NEGGIn relation to my other idea. This shows there could be some upward momentum on NEGG in the coming weeks before another large chunk of short sale volume enters the market. I have entered into a small position trade here. Will add more if it looks like this idea plays out.
Explaining "Net Net" stocks : ARVL up 100% ,was sub liquidation ARVL stock rocketed 100% today alone. The move might be explained by the fact that the marketcap was trading below "net liquidation value". Net net stocks, or stocks trading below liquidation value, is a strategy used by Benjamin Graham who also taught Warren Buffett how to use the strategy.
Small cap stocks and penny stocks are extremely risky. You can and will lose money investing in Penny stocks. This video explanation discussion is for entertainment and education only.
It is time.. for a vacationWhy type many word when little word do trick.
Ideal setup, catalyst probably needed, just the truth.
as you can see by my drawing.. i need a vacation.
pay me
Banks are buying metals. Must be the smell of war. SilverSqueezeLooking for a pull back in the next days. Triangle on the week chart. Bull flag on the daily.
