Right now, two stocks that I am keeping a close watch on include WKHS and SHLL. I think that WKHS and SHLL should both have a positive swing pattern very soon, and overall I'm bullish. I think resistance and the short sellers are about to pop. That being said, proceed in your own risk. As always, everything I say is on an opinion based basis. Please do your own...
After a two legged double drive down ( Gann) that 100% match, time for a possible bounce from oversold levels on %BB. I estimate that from volume profile node ( POC) above that much volume is 40 pips above which could be a magnet. Below the next lower volume node is where stop loss is placed below.
price has rebounded the third touch around the trendline, we could expect further downside pressure towards 1.4300. Risk/reward of 1:2 -price retraced to retest trendline and is now creating lower highs and lower swings to the downside.
EURSGD - 1a - 181217 - SHORT - OANDA - AT - 12H - (RRR 5.39)
TLRY Daily Chart (Logarithmic) Falling Wedge Pattern Have played this to the long side before nicely Trade the breakout
Ok this might get a little messy but bear with me. *pun intended* This time there's nothing too fancy, no special lines and no special indicators. Just basic supports / resistances and fibs. First of all lets go from to to bottom with fibs. In rectangle no' 1, we pull from swing high to our first pivot after the fall. as we can see, we retrace up all the way to...
Traders should always learn new things. It widens the horizon and sharpens the Traders mind. Watch this Video and think about it... If you like it, just check out my free material on my website. P!
Bare with me a second while I explain this really quick. But before I do, get out your magic 8 balls, chicken bones and some dice or whatever, cause this is going to get really weird. I utilize Financial Astrology in my trading. Financial Astrology is nothing but mathematical psychology based on astronomy. Or just correlating historical price behavior to the...
Pivot point: 11178. Above Pivot point, the scenario is bullish, below it is bearish. Pivot point and its support and resistance levels are strong barriers that cannot be easily overcome by the market price. Since January 17, 2018, the market price of Bitcoin is tending around Pivot Point and its swings are getting smaller and smaller. BTCUSD is heading straight...
Www.techno-funda.com CMP 318.9, Closingbased SL 312.9, Targets 323, 326, 331 * Consolidation Breakout * Swing high Breakout * Trend line breakout * Swing Retracement * Mini Morning Star pattern formation Disclaimer: All levels are for education purpose only.
RH after pr/earnings report had a large gap in the beginning of September. After that gap there was 0 follow thorugh the gap range just held in a tight box. Today the top of the box has broken and if it can close this way we should get a run to the 80s.
Finally BTCUSD is at a new all time high which was expected to happen after we recognized end of a corrective set-back in middle of July. So far we can see a nice trend up confirmed by higher swing highs and higher swing lows; ideally that's an impulsive trend in progress, currently sill in red wave 3 which can see extension up to 3600/3800 area while market is...
I don't want to elaborate on this chart for a purpose. I want YOU to tell me what you see. This chart is the answer to mattys post (thank you matty). Try to focus on one thing only, then the next. - Pendulum Swing - Minor Swings - Mattys lines...what are they catching? Courious what you guys & gals can see §8-) P!
I'm looking for a short setup in one of the retracement zones. Until we hit the weekly trendline I think we are short. At the weekly trendline I'll look if price bounces back or if price make further lows. Depending on that I'll look for long or short opportunity at this level.
The Swings... ...point one to the real direction. If a LH is clearly broken, then price has a high potential to turn the direction. One could make a living from trading only by trading the swings, depending of amount of capital and skill of course...no free lunch in the markets and no holy grail. The Fork... ... measure the Action/Reaction of price movement....
The Chart is mostly self explanatory. Here are the very important things to watch: Swings and Pivots are CLEAR identifiable. But one has to keep both in context. When it rains, it can rain drop by drop, or it can pour like hell. You can drive a care, or you can race with your car. ...see what I mean? It's all about context. To eliminate guesswork in the...
Mastering the simplest thing in live ist most often the hardest one. Not because it's hard, but because it's "so simple and would-be easy". So why not master it, doing the job? It looks most often so "not worth it", that's why. But if I would tell you, that your trading would skyrocket, would you do it? Even from my students there are only 15% who religiously...