Volumespreadanalysis
<TradeVSA> Beginning of Pullback or Downtrend ??- Supported nice above 20 / 40MA
- Lots of Sign of Strength near support etc No Supply and Spring
- Recently prices drop but with low volume
- Red Pentagon started to appear in the chart
Red Pentagon mean the trend is weakening. Continue to monitor for the right signal to ensure the charts are forming pullback setup:
1. Downbar low volume
2. Sign of strength near support
- Spring Signal
- No Supply Signal
- Cluster of Closes
Avoid the trades if no clear confirmation on Sign of Strength as prices may continue to pullback.
What is Spring and No Supply?
1. Spring is a false breakdown and Smart Money tend to remove weakhand holders
2. No Supply is the situation of a deficit of buyers in the market
Can pair the signal with green pentagon to ensure Pullback Complete setup
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Sedania - Solid Accumulation with a Shakeout ?1. Accumulation stage
- Change of trend started with volume
- Long period of accumulation (6 months)
2. Heavy Selling at Resistance
- High volume bars with Up-Thrust
3. Removal of Weakhand-Holders
- A shakeout below support level with Spring bars
Successful tested support after the shakeout.
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Short-Term Profit Taking and Sell Off in BTCIf 12920 holds expect an immediate upward movement and climactic down bar
If it is broken the next major support area is 12780, if the market finds support here it will likely re-accumulate afterwards in range trading for the short-term
However, if 12780 breaks we could be looking at a sustained down move
<TradeVSA> Homeriz - Pullback Completed with Spring1. Mark-up stage
2. Re-accumulation
- High volume Up-thrust change the trend
- Low volume re-accumulation above 20 / 40MA
3. Pocket Pivot with No Supply Signal
- Testing the resistance
- Pullback with Spring
Rating & Review by Smart Robie
FA Rating: 3/8
1. PE = 12
2. ROE = 12.4%
3. DIY = 1.2%
4. Stock Bullish Rating = 90%
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Live FCPO Trade - 26 Oct'20- Market opened on widespread downbar on VSI with no gaps before continue its Sideway move.
- After 3:00pm, we see some activity with price breakthrough the Resistance (which was the old Support @ 2995) on VSI and also on Green Pentagon. We expect price to do a Pullback before moving up further.
- I placed my EP at 2995 and was triggered within less than 1 minute.
- After that, I set my TP @ 12pts and SL @ 6pts. As a precautionary measure, I also draw a line @ 3003 as a safety line for me to take profit should the price failed to move higher than that.
- Price shoot up the next bar and eventually hit my TP of 12pts.
<TradeVSA> Shakeout Completed in Spring ArtStrength Signal in the Chart:
1. Mark-up stage with Pullback
- High volume upbar
- No confirmation on UT bar
2. No Supply (NS) signal at Support
- Less seller / Successful removal of seller
3. Re-accumulation with Shakeout
- Shakeout support successfully tested
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Recent Accumulation and Breakout Similar to March - BTCThe climactic down bar and subsequent wedge created during the accumulation phase in March is almost identical to the one which formed in the past month
It is likely that we'll see the same range market and re-accumulation now after the breakout
Don't be tempted to short even though there will be shorting opportunities they will be short-lived, this is the time to long dips in the coming range
<TradeVSA> Kossan - Cluster of Closes in Mark-Up StageDaily Chart
1. Green Pentagon with Change of trend
- cross above 20 / 40 MA
2. Cluster of Closes with NS signal
Hourly Chart
3. Pullback with Spring and NS
Take note on Kossan-C13
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
FCPO Trade - 20 Oct'20 (Morning Session)- Price on slow and steady Uptrend; saw some Resistance at 2808 and price bar is small with average to low vol.
- Set Buy Stop at 2809; Entry Point triggered.
- Set Stop Loss (8pts) and Target Profit (12pts) and monitor trade.
- From Entry Point to the 5th bar, price slowly moving up but the vol. is getting lower and lower; decided to exit trade on the 6th bar with 4pts profit.
<TradeVSA> Careplus - Pullback Completed in Hourly ChartDaily Chart
1. Potential change of trend with Green Pentagon
2. NS signal above 20 / 40 MA. Support is Solid
Hourly Chart
3. Pullback with Spring
4. Green pentagon completed the pullback. Strong closing with good volume
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> No Supply (NS) Appeared in Accumulation...What's Next1. Accumulation stage
- A shakeout with low volume during the accumulation
2. Buyer overall in control
3. NS bars near Support
- Price started to trade above 20 / 40 MA
- Trading in green pentagon
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
FCPO Trade - 19 Oct'20- There was a nice setup where we can see few downbars with increasing vol. We have SO bar on VSI vol. at 14:51. The next bar is a small body with low vol.
- Set a Buy Stop (middle of the trading range) and Sell Stop (just below the Support).
- Price hit Buy Stop. Follow the trade with Target Profit set.
- I did not use Stop Loss in place; instead I use my Sell Stop so that if the price decided to go the other way, it will close 1 Long contract and activate 1 Short contract (this is for advance method; for newbies, stick to Stop Loss).
Note: On the Stop Loss, why I wanted to put "-1" (before the my Target Profit got hit) was because that is the breakeven point should the market decided to go against my favor. As the market goes higher, I can raise my SL as well i.e. "-3" or "-5" and so on.
<TradeVSA> Pullback Trade in WidadStrength Signal in the chart:
Daily Chart:
1. Green pentagon bullish signal in re-accumulation
2. Pullback completed and supported with NS signal
Hourly Chart:
3. Green pentagon on 28 October confirm the pullback setup
4. Double NS in the mark-up stage with hourly pullback
5. Potential pullback trade, wait for another NS signal ?
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
BTC Showing Signs of Weakness - Drop to 10400 Possible #BTCUSDTThe price rejection at 10680 signals a reversal in the market and inability for support to form at these levels
The next significant support level is 10400 and the range between 10400 - 10600 may continue for a while as re-accumulation occurs
Easy Trade - Set Limit Order at 10800 BTCThe recent breakout of the 10500 - 10800 range confirms strength at this level and supports the further move up above 11k
If price retraces to the top of the recent range (10800) there is a very high probability it will rebound from there
Also, this entire range on the daily going back to Sept 21st is the fuel for the next leg up in BTC and the fuel has not been exhausted according to the counts on the point and figure chart
Wyckoff Point and Figure Count Short-Term Target for BTC 10657I did a point and figure count for the most recent small re-accumulation phase starting on Sept 21st to determine if that phase would signal rise in price
The price is currently hovering around the 10657 target and showing significant Signs of Strength, this is a good sign and signals a possible next leg up is coming