ETH Biopsy (Wyckoff/VSA) #2Here's a continuation of where I think we are in ETH currently (10/31/22). I am still siding with the bears, even though last week we saw the vital signs of a resurrection. However, I am observing supply is still predominant overall, cancelling out any TR breaks by the price action in overcoming the micro resistance. Until this happens with clear vertical bar volume confirmation, as I've done with my trading group this year, I must caution against FOMOing into a potential bull trap. We've seen it happen plenty of times. The pattern of FtRs (failures to rally) along the microresistance must be broken, otherwise we can only expect more bloodshed on this Halloween and the days following. Be safe!
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VSA
AGR. Range BreakoutAGR broke above 48.50 price level. Possible Long entry with ~2:1 ratio.
Key points:
Range from January 2022 to July 2022
48.50 breakout
Pullback
Increased volume
Extension to the primary direction of the breakout
Profit Target could be around 55 or higher if the breakout happens, initial Stop Loss around 47.50.
UNIQUE - NS is holding well with SupportSign of Strength in the chart:
1. Shakeout pattern
2. NS with Spring signal
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 - Waiting for the next Pullback entrySign of Strength in the chart:
1. Bullish signal in hourly chart
2. Bullish signal in 15 minute chart
3. Plenty of Strength signals
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
ETH - Waiting for the next Pullback entrySign of Strength in the chart:
1. Hourly Bullish Signal
2. 15 minute bullish signal with Pullback
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
HEXTAR - NS Signal near Support LevelSign of Strength in the chart:
1. Shakeout completed
2. Re-test support successfully with NS signal
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
PRIVA - Another Goreng Stock ?Sign of Strength in the chart:
1. Volume increasing for past few candles
2. Bullish candles
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
YZJ FIN - Reversal is coming ?Sign of Strength in the chart:
1. Reversal with high volume
2. Volume increase above support level
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
YZJ - Breakout from SupportSign of Strength in the chart:
1. Bullish signal with volume
2. NS signal with Pullback
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
AVYA - Beginning of UptrendSign of Strength in the chart:
1. Close gap down
2. Climatic Volume
3. Bullish signal
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
HIBB (Weekly) - Bullish Signal is BackSign of Strength in the chart:
1. Reversal setup with Bullish Signal
Previous Bullish Signal gained +79%
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
DBS (Weekly) - Bull Signal Back to the chartSign of Strength in the chart:
1. Reaccumulation with Bullish Signal
2. Strong uptrend
Previous Bullish Signal gained +46% and +18%
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
TSM (Weekly) - No Sign of Recover YetSign of Weakness in the chart:
1. Bearish signal with increasing volume
Drop -35% from Bearish Signal
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
AAPL (Weekly) - Bearish Signal Here AgainSign of Weakness in the Weekly Chart:
1. Bearish signal with increasing volume
Previous Bearish Signal drop -20%
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
CWG - Unusual Volume with NS signalSign of Strength in the chart:
1. Climatic Volume with reversal
2. NS signal hold well above Support Level
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