One more retrace in my opinion before we continue our moon mission here. Stochastic Overbought on Daily Buying Volume Decreasing Price needs to come back to structure before launching again.
Still very bullish above all major EMA's. Possible retest of Highs incoming
Bullish Divergence Spotted on Stochastic after consolidation
Structure is broken and the retest has failed. RSI Weakening and already below 20 and 50 EMA on the 4 hour. Time retest the 200 EMA on the four hour and see what this trend is made of. Price Target on graph
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Found support at bottom OF previous range. Time to go long.
Let's see if we can get a test here at the top of the range. Indicators are looking bullish
Silver looks like it may have topped out and may test 200 EMA on 4 hour. May break flat to formation and we could see some downside soon. Plus looks like the party is back on Wall street short term.
Long downtrend with large accumulation then a sudden spike in volatility. Something going on with this one. Possible new product release or along that lines. Maybe worth a long term buy to 200 EMA at least. Target on the graph.
I think we are still very bullish. Resistance at 10,000-10,400 was always going to be very tough to break (Haven't been above there since Sept-19). I think the lower CAP alt coin pumps may have given us a clue of this the last few days of this, that we could just be consolidating for higher run now. While I do not rule out a test of the 200 Daily EMA at 8200, I...
Clearly Bullish as above all 3 major EMA's on the daily Go long once overhead Resistance is broken and watch for fake outs.
Great Example of the Market Maker's Playbook here. 1. Accumulation 2. Stop Hunt 3. Continuation of Long term Uptrend Above 200 EMA on 4 Hour
Simple Set up. Above 200 EMA Stochastic looking bullish Retest of M Structure will get our target.
Enter now 30 pip stop. Above 50/100 EMA Stochastic Looking Bullish Buy Signal on the MACD Stop Hunt already occurred after accumulation (Market Makers Playbook)
Bullish Divergence. Oil has Decent chance of Painting the 50 EMA