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VSA

AXIATA - Path of least resistance is upHi, I think AXIATA has completed its accumulation period and will be going up soon Line A is a major support line, and price had been in a downtrend until it reached this level Bar 1 (Aug 28) & 2 (Sep 1) were down bars with ultra high volume, indicating that Smart Moneys had stepped in to buy this stock. Bar 3 (Sep 2) was a small spread bar but the volume again was ultra high.This indicate that Smart Money was taking (buying) all the stock offered at this level, and not allowing price to go lower. Bar 4 (Sep 4 ) was a No Supply bar : its a down bar (the close was lower than the close of previous bar) with volume lesser than previous 2 bars Bar 5 ( Sep 8) was the "change of behaviour" action : it was a wide spread upbar breaking above the down trendline B. It also was the biggest up bar since mid May 2020. Bar 6 (Sep 11) was again a down bar with volume less than 2 previous bars, therefore a potential no Supply bar. With all of these Sign Of Strengths, , I'm looking forward for price to rally at least until the recent major high at 4.00. Trade at your own risk. any comments are welcomed.
MYX:AXIATALong
by Forever_Learner
TSLA - BUYHey Traders, Would you like to buy TSLA ? Yes, but be patient and wait for today's daily candle to close which will give us some extra confirmations on lower time frames as well. It seems like bulls are not letting bears take over and we will see continuation of the bullish trend. Put your SL under the demand zone and take your positions according to your trading style. Maximum risk on this trade should not exceed 1% of your equity. Note: I have tried to make the charts simple as possible so everyone can understand. Enjoy Trading!
NASDAQ:TSLALong
by Hussam-Qazi
BTC Retrace - Major Weakness At 12000 *** Please click the LIKE button above if our signals are useful, thank you*** As expected, since the yesterday's daily close was below the top reversal from the 18th BTC reacted to that major resistance level and retraced If the current 4hr bar (4am ET) closes below 11690 a rapid down-move to at least 11500 is inevitable . It is also important to note that the volume of the current 4hr bar, which just sliced through the 11690 support is doing so on below average volume meaning there is very little resistance to the downside Price settling at 11300 then a sideways market is likely *** Please click the LIKE button above if our signals are useful, thank you***
Short
by GreyPool
History Repeats Itself Once Again - BTC Accumulation PhaseThis area on the daily of BTC is very similar to the area we're in now There is a large spread down bar closing off it's lows first (Climactic Action) then price rebounds up and creates a top reversal It's the combination of the top reversal after the climatic down bar that is telling - indicating Smart Money is accumulating but not ready to send it up yet It will attempt to retake 11900, get rejected, then we're looking at a prolonged accumulation phase and sideways market again * Please click the LIKE button above if our signals are useful, thank you*
by GreyPool
<TradeVSA> Gold and Gold Counters...Re-accumulation is done?Strength in the chart: 1. Pullback Pattern 2. Spring with NS signal 3. Green pentagon in hourly chart Chart and Counters: 1. Gold Futures 2. Mui Properties 3. Nice 4. Poh Kong 5. Tomei 6. Orion Hit the "LIKE" button to support us :) 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
OLong
by MartinTFWong
3
TOPGLOVE - can it still go higher?Hi, I'm looking for a short term rally on this counter, based on this VSA formation Bar 1 - Ultra high volume down bar, indicating there were smart money buying and supporting the price at this level Bar 2 - retest of the area of bar 1, now with lover volume Price moves above the high of bar 1, and we saw at bar 3 price re-test the area of bar 1 (where there were a lot of buying before) with lower volumes (No SUPPLY) I'm looking for a short term rally to the recent major high Trade at your own risk, this is not a buy call.
MYX:TOPGLOVLong
by Forever_Learner
CONNECT - Oversold with No Supply bar at support Hi, In mid May, price broke above horizontal line A at bar 1. Line A was a siginificant resistant line from early 2020. On June 2nd, price re-tested line A, making this line A a significant axis line. Price rallied and break above resistant line B. Then price slowly declined after the high on June 15th. Fast forward to July 16th, price gapped down and formed a down bar with close at the low with high volume ( bar 4), and this high volume down bar with close at the low may indicate a selling climax. Price was near the previous axis line A, and it was also at the "oversold region" within the down trend channel (formed by trendline C and C'). Bar 5 was a down bar that managed to break below axis line with moderate volume, but two days later price closed back above line A, thus creating a potential spring setup. Then we had bar number 6, which was a down bar with small spread with volume lesser than previous two bars. This is a No Supply bar in VSA term, and it may indicate no more sellers left to push the price lower. So to recap : price is at a support area (axis line A), in an oversold position (near the down trend line C'), and we saw indication of strengths coming into the market : Selling climax, potential spring , and no supply bar. I'm looking forward for price to go up at least till the line B again Trade at your own risk, comments are welcomed
CLong
by Forever_Learner
BAUTO - Minor wyckoff accumulation before marking up?Hi, I think this hourly TF shows a nice VSA/Wyckoff accumulation pattern We have a confluence of horizontal line A which was a previous resistant than has been broken to the upside, and the up trendline C which has been supporting price before (please zoom out the chart to clearly see the significant of these two lines) Bar 1 and 2 both had high volume and their closes were away from the low of the bars. In VSA method, a down bar that closes away from the bar's low with high volume indicates buyers entering the market (stopping volume). These high volume bars are usually "tested" again to see any remaining supply, and in this case I believe bar 3 was the test. Bar 3 was a down bar with light volume. If price manages to break above the downtrend line A, it might be ready to mark up higher. Trade at your own risk, comments are welcomed.
MYX:BAUTOLong
by Forever_Learner