ewhite41

ewhite41

I am currently long on Home Depot Options to return back to Supply Zone as we head into a Seasonal Pattern on this particular stock. We Also have a Double Bottom in play on the 3 Day Chart..

ewhite41 Updated 

Head & Shoulders shaping up on the 30 minute chart. Pattern is self explanatory. If right shoulder is engulfed, this pattern is voided.

ewhite41

We must monitor this level. We could be setting up a bear trap. At any rate, we are at resistance levels. Understand where liquidty is on the chart. Crypto markets are so young, liquidity imbalances dominate price action. Allow the short bias to form with structure. Keep an eye of open positions of Longs and Shorts positions.

ewhite41 Updated 

ADA broke out of the trendline. However, we must be mindful with a potential retest if the minor level of the 38% Fib level is broken, we have a high probaility of price heading to the retest level which puts price around the .786 region of the fibs. Targets is the measurment of the Impulse leg using Fib Extension. If there is no retest, price can break out of...

ewhite41

Long targets based on impulsive bullish leg. Price is heading back to a big Supply zone on higher time frame from a July 5th drop.

ewhite41

Cardano is back at key levels of resistance. We need to monitor this level for price action. If wwe expect to push higher, we have to close above these levels. Crypto is not out of the clear yet. We have a ways to go.

ewhite41

Sentiment is not only the feeling of the market, but also actual order flows. As it stands, 71% of traders are Long, yet the market is printing lower lows and highs. Setiment should become part of your trading plan. If 71% are long then we can take a contrarian stance but going short based on other confleunce.

ewhite41

SHIB recently entered into the accumulation zone. We expect price to revist this level again for unfulfilled orders.

ewhite41

Storm X has dipped inot the accumulation zone, hoever, this rally doesn't suggest we out of the water. Expect price to revisit this zone again.

ewhite41

Telcoin still hasn't fully come into it's accumulation zone. This is a level were we will look to spend some time accumulating at this level. As we can see on the chart, price has been making lower lows and highs. What we need to see is consolidation or accumulation. This will suggest value and equal exchange of that value at the defined price level. We have found...

ewhite41

We have a double top in play. We can expect price to eventually correct after having a nice rally sicne May 24th. Targets 2 and 3 are Fibonacci levels of the 61 and 88 levels. Targets 1 and 4 are fib extension levels. Wait for price confirmation before establishing any short positions.

ewhite41 Updated 

Price has come back into structure. We can expect some additional weakness from the Dollar. First target zone around 1.28150 region. We have established a triple top on the high time frame. More bearish pressure should resume after collecting short sellers orders to resume lower. STOP Loss placed around 1.30 zone for swing trade set up.

ewhite41

Expecting BTC to revist market structure which also aligns with the fib correction level of the Golden Ratio. However, we still are bearish overall and can expect to head lower throughout the summer.

ewhite41

Of course we are long, but before that, we expect price to retest market struture that sits at the Golden Ratio of the Fibs. From there we expect price to rally to move to all time highs as we resume the bull cycle. Price targets: .11, .14, .23, .37, .47

ewhite41

Netflix has printed a double bottom on the Daily chart. We also have a gap that eventually could be covered. If you look left, there was a similar structural set up with a double bottom printing and a gap that was eventually covered.

ewhite41 Updated 

Looking for CAD to revisit market structure which aligns with the Fib levels of the overall impulsive leg down made on 4/13/22. Target 2 will complete the Fib Extension.

ewhite41 Updated 

If $41,766 level is violated, expect price to head to the $41, 300 price region.

ewhite41 Updated 

We are looking for a big correction on OGN. It's massive run up recently was unexpected and appears to be whales pumping and then unloading. The project is currently over extended and appears to be heading back towards the 20 and 50 MA's. We are looking for price to return to 47 and 41 cent region and 36 cents as the third level of market structure.