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Trendreversal

US30 Scalp trade IdeaUS30 has been bearish all week with no breaks. Price has been trending down and it looks like there is a possibility that it may continue to do so. Currently price has broken structure and formed a high after breaking a level of resistance on the 30m timeframe. In order for a reversal to finally occur, we need to see price form support along the structure that has been broken. If price is able todo so, we can see more bullish pressure going into the market open. Waiting for my signals to confirm the best entry.
U
by dreadhead4_life
XDC about to flip major resistanceXDC is one of the few altcoins that is showing strength while BTC is consolidating at it's weekly demand zone. Also a trend reversal has started with local higher highs en higher lows that have been formed. A higher low play could be what you are looking for, but wouldn't be my setup of choice since the major resistance level hasn't been gained yet. Also the last high in the downtrend, which is a retest of this major level after losing it, hasn't been gained. So I would like to see a clear higher high above the major resistance to flip it and the look for an entry!
Long
by Stefan-Trading
3
$TFII - Strong Bullish Turn - HA Morning All, Strong Trend change on the Heikin Ashi candles for $TFII. 1. The Stock is OVERSOLD (see the RSI on the chart). 2. The Red candles length shortened before changing to green 2 days ago (MOMENTUM CHANGE INDICATION). 3. Yesterday's green candle was a strong/long length. 4. A previous resistance has become a support. 5. The company Financials are positive with good PROFIT and hit all EARNING targets Year on Year. I am not a financial advisor, this information is for educational purposes only. Do your own due diligence before buying stocks. Your Capital is at risk. I bought @ 85.66 I will Sell @ 110 My Stop Loss is @ 79.50 Disclaimer When using the Hiekin Ashi candles to swing trade like I do, hold the stock for 7-14 days or until the bullish green candles stop. DO NOT LOOK AT THE DAILY PERCENTAGE CHANGES AS THIS WILL DISCOURAGE YOU. If the Hiekin Ashi chart still shows green candles for your move, hold onto the stock.
NYSE:TFIILong
by McCubbin
$HD slowly coming back up?$HD slowly coming back up after a long downward momentum similarly with $LOW. i personally don't know why it keeps going to downtrend with not much negative news. i believe the stock got over value and analyst tries to lower the price target to prevent the bubble to burst. with the inflation and shortage going in the nation consumer is creating a panic buying creating a high supply and demand for retailers and might continue to happen for the past few weeks or months until the inflation subsides. here's my personal take playing $HD $HD: Day trade or scalp target play: 04/11/22 Buy call above 312.30 sell at 315.17 or above. Buy puts below 307.92 sell at 34.16 or below. option open interest: ideal expiration date: 4/22/22 , 5/06/22 or 5/20/22 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only
NYSE:HDLong
by CHRIS_B58
Crude Oil setup for next weekAs we can see in the chart Price is creating LHs & LLs and is rejecting from Resistance trend line, last week price touched 95$ which is acting as a recent Demand Zone (Market created DB there and went up till 116$) If we see a high volume breakout of the supply zone (R) of 98-99$, which will also be a breakout of R Trend line, we can go long till 105$ (TP1) and 112-114$ (TP2) {Price also creating Falling Wedge pattern on Day TF} If price consolidate between supply & demand zone and gives us a bearish breakout, we can go short till 90$ (Round figure & next demand zone) if you are an intraday trader, you can do range trading b/w Demand & Supply zone as price might consolidate first before giving us a breakout This is purely technical analysis, will update the idea after reading some fundamentals
FX:USOIL
by ankitj97
2
How To : Momentum Shifts ( Key Set Ups) Hi Traders! Lets review 3 Trade SetUp For Key Momentum Shifts: For the past 28 years, I have been using three simple trades setups, that I'll explain in the video, to be selective in my trades and to identify key momentum shifts in the market. I hope these setups will be useful to you as well. High Frequency Traders and Professional Traders will often run retail trader stops by blowing through key support and resistance levels like round numbers only to reverse shortly afterwards. We must protect ourselves from these tactics and be careful not to chase a move or get stopped out. Recognizing and patiently waiting for one of these trade set up will help especially if you combined or recognize them with a chart formations like a double tops or head and shoulder pattern. Trade Setup 1: Cross above a key resistance, recross below = shift of momentum. The same setup can be used with a cross below a key support level. Trade Setup 2: Cross above a key resistance, recross below and a retest of the resistance with a Lower Higher = shift of momentum. This is my preferred setup. Trade Setup 3: 2 touches to a key resistance or 2 touches to a key support and entering on the 3rd touch for a 66% probability of successful trade. I hope these setup are helpful, whether you trade or invest, using key momentum shifts with support and resistance lines. Hope it helps Take care Marc
COINBASE:AVAXUSDEducation
by PowerIndicators
6
FLUX Power (1D) Could it be SO bullish ? Hello Traders, This analysis is based purely on Elliot Wave trading analysis. As you can see My Wave count expect trend reversal. Wave A was amazing1:1, Wave C alredy formed 5 subwaves (whch are most likely finished).: - RSI 1D is positively Ceonverging, - MACD 1D is positively oConverging, - Today 10.2.2022 at 4:30 Eastern Time will be reported Earnings for 4Q/21. Its very nice price entry from All time low only 13% up. = Aiming for 6 to 7.5 USD sell zone it brings me very interesting Risk Reward Ratio. trade safe, do your own research and EW count + always use stop-loss ;)
NASDAQ:FLUXLong
by Longevity_Contrarian
Understanding trend reversalsHow would it feel driving a car with a dashboard providing an indication of the speed and other car panel indicators? Investing without technical indicator is flying blind not knowing when you might hit a speed bump. Last 4 months have caught lots of people by surprise in the crypto markets. While pundits and so called gurus, were calling for 200K BTC prices and 20KETH prices with a parabolic move incoming similar to the 2017 bull market cycle, what turned out was a completely different story. The cryptocurrency markets have taken a complete reversal led by stories of potential Fed rates rising and tightening of monetary policy impacting the markets on one side and the Russia-Ukraine special military operation/war impacting on the other. “TECHNICAL CHARTS CAN PROVIDE A GOOD SENSE OF WHERE THE MARKET IS HEADING. I decided to write this and other related article within the context of the last four months. Lots of people were caught off guard with people seeing all their profits evaporate when the markets reversed quickly lots of people didn’t have a plan of taking profits/selling people didn’t realise that the market had turned with the market direction being negative Most people who were caught off guard had no clear sense of where they were driving and the fact that the direction had changed. Without an array of tools and indicators, you are flying blind. I had three suggestions for all my readers: a. Make charts your friend, b. always do your homework and c. learn from your mistakes. BTCUSD chart pattern gives a clear indication of trend reversal. The trend that had started around the 22nd of June 2021 at around 30K mark for BTCUSD price, had flipped negative around end November 2021. The market changed direction at the top. Technical Analysis gives you get a good sense of what the markets are doing while you can use the fundamentals for the long term picture. If you have any ideas/thoughts, please reach out to use at invest@thetwigg.com
COINBASE:BTCUSD
by thetwigg