Algotrading
$NIO Bullish Rising Wedge Bullish rising wedge to be seen here, target is around 58. Aiming for bullish continuation, really strong catalyst on Q3 Earnings narrowing the quarterly loss.
Algo also bullish showing a buy in at around 46 Dollars with possible adds at the lower channel trendline.
S&P Bullish Descending ChannelSeeing a overnight bullish Descending channel forming right here. Algo showing add at the last touch of the lower channel trendline. Expecting to take profit as soon as we touch first trouble area.
Sell Signal: 0.7283Ingenuity Trading Model-
Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
Sell: 117.25Ingenuity Trading Club-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
Buy Signal: 48.96Ingenuity Trading Model-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
ALGOUSDT: Possible Long (11.11.2020)At D1, the price has broken the downtrend line. An initial growth impulse was formed.
On H4, the price is forming a local correction, which can take the form of a Zagzag. It is highly likely that the price will test the 76.4% Fibonacci correction level, where the RSI reaches the oversold level.
We recommend taking a long when the price reaches the $ 0.24 level in order to keep the position above $ 0.35.
Algorand ALGOALGO/BTC formed a falling wedge
Break out and tested
Interesting formation in candlestick analysis
Best regards EXCAVO
Long Term opportunity in Airlines?If you assume we will fly again normally this could be a rare opportunity to get exposure. The index has underperformed the market by over 50% since January. #airlines #stocks
Trade update: Moving stop to break evenThe model gave us a great trade and now we can manage this position with nothing to lose. #qqq
Model Watchlist: Will travel hold up with or without a vaccine?Priceline has entered the same range it has found support since May and has held up well despite there being no real news on the vaccine front.
#stocks
A Potential repeat of September?#crudeoil
crude has been oversold recently. This could be the start of some consolidation or a potential upwave reversal
Model Watchlistcad/jpy is entering the same support zone that has held since June as volume has also started to pick up. A new upwave could be on the horizon
Model Watchlist: A new upwave to come?This pair is approaching the same area in which the last upwave was formed with rising volume.
$WORK updated analysis. Confluence at $40 post election.EW analysis shows that $work is working on a a wave 3 sub formation (yellow) within a larger wave 3 impulsive structure (white) that started back in march. Its hit the technical levels perfectly. The algos are in play!
On a shorter time frame, the Andrews Pitchfork shows a beautiful bounce off the bottom of the channel, with and 80% chance the price will approach the median of ~$35. A dip is likely to occur here, followed by a continuation to $40 over the next few weeks to complete the wave 3 sub-formation (yellow)
Market volatility around the US election will likely keep the price movement small. Im expecting a large move upwards by mid Nov, as election chaos settles down and markets have a more firm view of what to expect in the future.
The stochastic RSI is oversold, but will likely stay at these levels for another week or two (just like the last time it was in that zone) as the election uncertainty passes.
I expect great things from $WORK in the new year.
ps: this model is invalidated if price falls below $24
Will earnings create a new up wave for Amgen?Price has entered the same region its last major up wave started. An earnings surprise could be the catalyst.
