NASDAQ:AMZN We tend to see strong demand on Weekly chart (Background Strength) With diminishing demand on Daily. Thus there might be supply coming in at those level for the shorter time frame period to retest the trend line drawn. Join me with my analysis via Volume Spread relationship as I show you the logic behind money flow to trade alongside Smart money....
AMEX:SPY Join me with my analysis via Volume Spread relationship as I show you the logic behind money flow to trade alongside Smart money. Key concepts: 1)Smart money always buy on down bar and sells on up bar Therefore: Weakness is always shown in upbar Strength is always shown in the downbar 2) Relative Effort VS Results We will see an abnormally...
AMEX:SPY Volume Price Analysis Looking at SNP rallying with low volume after that crash in Feb period. Before the crash we can reference the same thing too, market breaking all time high all on lowest volume. Meaning to say that the rally is not a genuine market rally, as demand (Buyer) is getting lesser with very tick up. This will mean that the rallying...
Strong Bullish Divergence found in W Timeframe, Would expect the AUD to trend higher for a few months once the reversal is complete Thus generally monitoring Daily for entry and wait for divergence to play itself out.
Bearish Divergence setup noted on 15H timeframe, and also forming on 1H timeframe. Waiting for break towards upside for confirmation
Bearish Divergence found in 1hr Timeframe, I like this trade setup more than NZD USD ones as it seems like JPY would be the weaker pair VS USD. looking at a pullback in 15min time frame for a better entry
Bullish Divergence setup on 1H time frame, Entry taken on 15 mins. Reason why i love this setup over the other divergence signal found today is that USD/JPY is on a uptrend on Daily timeframe and that its currently at the bottom of the channel. So we are trading in line with the existing trend, signaling that the correction pull back is close to complete.
Bullish Divergence setup noted on 15H timeframe, and also forming on 1H timeframe. Waiting for break towards upside for confirmation
Bullish Divergence setup noted on 15H timeframe, and also forming on 1H timeframe. Waiting for break towards upside for confirmation
Bearish Divergence setup noted on 1H timeframe Potential overbrought reversal signal. Looking at lower timeframe to break down before taking the entry Clear and concise divergence
Bearish Divergence setup noted on D and 4H timeframe However trend is still in a very bullish trend. We can infer that the market is losing buying power, relatively to its previous move Thus will be waiting for a confirmation break on the 21 EMA on daily time frame for a short counter trend trade setup. Clear and concise divergence
Bullish Divergence setup noted on D and 4H timeframe However trend is still in a very bearish trend Thus will be waiting for push downwards for better Risk to Reward entry Might take 4-5 days to play out Clear and concise divergence
On weekly timeframe, bearish Divergence formed. However trend is still very bullish. Thus will be waiting for a close back into the channel to trigger short, Or to draw a new channel on a 1 or 4Hr timeframe to short upon breaking of trendline. Might take 4-5 months to playout A grade setup as it is on a weekly timeframe. Clear and concise divergence
Divergence formed at 1Hr time frame, Potential counter trend short, with 1:1 Risk Reward ratio.
Looking at Longing GLD, 1HR 1: Shift candle up above 21 EMA 2: Confirmation of RSI above 50 level 3: cross over towards upside B+ Setup as its not in full trend, EMA 200 and 800 above acting as resistance