AlexeyWolf

AlexeyWolf Updated 

Hi traders! You can consider buying if the buyer protects the hourly level of 35086.57, the daily levels of 33390.95 and 31804.2 (associated with exiting the sideways market) and the medium-term support level for the long-term trend at 24800. As for selling, there is currently no context. Take note of the 10D timeframe. After breaking out of the...

AlexeyWolf

On the weekly chart, there was a sideways movement from May 2022 to June 2023. It had a breakout with an upward trend (two impulses). The price returned to this sideways range six weeks ago. For the past four weeks, it has been hovering near the upper boundary of the sideways range, unable to close any weekly candles above it. There's a high probability that the...

AlexeyWolf

Especially for my beloved brother, who likes Microsoft (MSFT) stocks. On the weekly chart, we have a sideways pattern. The price has played out vector 10-11 and is currently forming a bearish vector 11-12 within the sideways range. The daily chart also shows a sideways pattern. The bearish vector 9-10 has been technically played out. However, a significant...

AlexeyWolf

On the daily chart, the price is in a sideways range. The short vector 5-6 has been played out. Yesterday's candle broke the test level (84.39) of the daily buyer zone on volume. On the hourly chart, there is a trend. The level of 86.3 serves as support for the short trend. After breaking the daily level of 84.39, accumulation takes place. Since the short vector...

AlexeyWolf

On the daily chart, the price is at the lower boundary of the sideways range. Yesterday's trading day favored the buyer with decreasing volume. On the hourly chart, the buyer resumed from the key impulse bar and twice attempted to breach the level of 4259.2 on volume but failed to do so effectively (failed to close an hourly candle above the level). The buyer...

AlexeyWolf

On the daily chart, the price interacted with the lower boundary of the sideways range on decreasing volume. The buyer has not yet made a strong presence. On the hourly chart, a buyer's zone has formed at the lower boundary of the sideways range. It is more favorable to seek short positions from the daily candle of October 19, 2023, as previously mentioned....

AlexeyWolf

The daily candle on October 22, 2023, closed above 29695, making it more favorable to look for long positions at the beginning of the week. As a result, on the daily chart, the price has effectively exited the sideways range. As long as the price on the daily chart remains above the boundary of the range, it is preferable to seek long positions, assuming that the...

AlexeyWolf Updated 

On the weekly chart, we've been in a sideways range since March, and the long vector 6-7 has played out. We are waiting for the appearance of sellers at current levels, possibly at 31000, or when the price interacts with the maximum at point 5 of the sideways range. Currently, there are no conditions to open short positions. On the daily chart we also have a...

AlexeyWolf

On the weekly chart, there was a sideways range from which a trend emerged (two impulses). Price returned to this sideways range five weeks ago, and no weekly candle has managed to close above the range boundary. There is a high probability that the price will test the lower boundary of the range at 3636. On the daily chart, the price is within a sideways range,...

AlexeyWolf Updated 

In keeping with the idea outlined in the linked post, I wrote about the possibility of an aggressive short trade from the 4340.75 defense. Such an opportunity did indeed arise. Explanations for the diagram. After the seller defended the level, the price updated the local minimum, which means it reached the mandatory target for a short trade. Since the deal was...

AlexeyWolf Updated 

On the daily chart, the instrument is trading within a range. The long vector from point 7 has been played out. There are several seller zones at the upper boundary of the range. From the first of these zones, the price has interacted twice, but the seller has not yet shown significant activity. On the hourly chart, the price has broken out of the range and,...

AlexeyWolf

On the daily chart, the price has returned to the current range (gray line) and touched the buyer's zone at the lower boundary of the range. Over the course of 7 days, there was accumulation at the upper boundary of the range, and the short vector 6-7 in the daily range has played out. However, the buyer has not shown significant activity after touching their...

AlexeyWolf

In the daily chart, the price is trading outside the upper boundary of the range (gray line) and is interacting with the lower boundary of the previous daily range. The current daily range has 5 confirmed points. On the hourly chart, the price is within its own range with 7 confirmed points. The current vector in the long side of the range extends to point 7. A...