Bearish Anti-ButterflyNASDAQ:AAPL is looking like a nice short entry aiming for Target 1 and target 2. relative volume is supporting the harmonic pattern as well!
ANTI
Bearish Anti-ButterflyNASDAQ:AAPL is looking like a nice short entry aiming for Target 1 and target 2. relative volume is supporting the harmonic pattern as well!
Bullish Anti-Shark Harmonic on MRNAI've spotted some bullish harmonic patterns on Moderna (MRNA) that are showing strong potential! 📈 There's one fully formed pattern and another one waiting to complete. 📊 The Relative Volume (RVOL) average is backing the strong support levels, suggesting that MRNA might be bottoming out around this area. 🌟
📉 Chart Analysis:
1️⃣ The current pattern shows a potential reversal from the recent downtrend, with significant support around the $104.91 level.
2️⃣ The RVOL indicates increased buying interest, which further supports the likelihood of a bullish move. 📈
🎯 Trade Setup:
Entry Point: Look for confirmations around the support level.
Target 1: $136 💰
Stop Loss: $104.91 🚨
📝 Why I'm Interested:
The combination of harmonic patterns and strong RVOL support makes this setup particularly compelling. Harmonics often signal high probability reversals, and the volume support adds another layer of confidence. 📊📉
📅 Timeframe: I'm looking at this setup on a 3H chart, which means it could take a couple of days to fully play out. ⏳
🔔 Stay Updated: Make sure to keep an eye on the price action and adjust your strategy as needed. Happy trading! 🎯
#MRNA #Harmonics #RVOL #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi 📈🚀
JASMY (JASMY)Arrays, Moving Average and High label makes same view. This kind of looks like an on chart DMI in a way. roughtdraft indicator progress...
the lines are getting are bunched together now.
I see jasmy as the freedom to protect ideas, ideas in business, ideas in one's own personal life, an anti-communist statement of freedom.
How I Became an Anti-Beta GigachadHigh beta stocks are terrible in a recession. This fund has no direct market exposure, but takes an aggressive position against high beta stocks. It will rise in recessionary conditions.
CWBR antiaging stock Price Target I think antiaging stocks will be the new FAANGS in 5 to 10 years.
Immortality here, on earth, is the next frontier for the medicine.
CohBar is developing mitochondria-based therapeutics for the treatment of chronic and age-related diseases.
On 11/12/2021 Cantor Fitzgerald brokerage Initiated Coverage on CWBR with an Overweight rating and a price target of $2.50.
This all time low looks like a great buy opportunity for me.
Looking forward to read your opinion on it.
SRM/USDT (Interval 1D) Bullish Anti-ButterflySRM is making an Anti-Butterfly pattern which is an unusual harmonic and not used very commonly. I have marked the Entry with all TPs and SL accordingly.
CWBR CohBar retracement completed ! Buy opportunity? CWBR CohBar is developing mitochondria based therapeutics for the treatment of age-related diseases.
So it`s an anti-aging listed companies.
They released positive topline results from an early stage study into CB4211, a drug under development for the treatment of nonalcoholic steatohepatitis, but after a 70% increase, the stock went even lower than before the pump.
WBB Securities upgraded CohBar, Inc. stock to Buy from Speculative Buy with a price target of $5.
On 4/23/2021 Maxim Group brokerage Initiated Coverage with a Buy rating and a price target of $3.00
The Market Cap is only 72.138M
I see a lot of potential in this stock! Do you?
Potential Anti on $ACI4 pushes followed by a sharp momentum against & consolidation near that bottom of the range. Looks like a very well anti setup to me. Market is still strong, but I do like my chances for a short on a further breakdown.
Potential entry: 18.45 - 18.3.
Potential stop loss: 18.75 - 19.
Trade management: take at least 75% of position off at 1R.
Bearish Anti-Crab (not a hygiene product for men)"Apophenia" is this interesting cognitive bias that is associated with seeing patterns where none actually exist.
Not dissimilar to my harmonic predictions.
Setup Leg Fading Short Setup USOIL extended its setup leg 128% and is now seemingly ready for a reaction leg towards the 38.2% retracement point of the setup leg. Today is an event day, volatility is expected to pick up, however selling 128% extension with stops above the high of the setup leg and looking for a 38.2% reaction seems reasonable.
Overextended Trend Fading Long SetupGold extended it's bearish impulse leg into high 1230s, the move is seemingly reaching a point where sellers will want to take profit and will have to become buyers and this will potentially attract new demand and propel the price higher. However, any trade setups against the main trend are especially risky and require tight stops. Buying 1240 with 1231 stops and looking for 2R-3R targets seems reasonable.
EURUSD Off Of Triple BottomEURUSD is has been trading lower along the supply line these last months. At this point, some demand is expected to enter this market, there is a triple bottom support area around 1.1515 and the overall trend seems to be overextended. There hasn't even been a pullback to 0.382 of the setup bear leg. Long entries around the triple bottom area with stops below 1.1470 and looking for 1.5R-2R targets seems reasonable at this point. Worth a try.
EURUSD Follow UpThe price has clearly found support around 1.1540 and is now already at median line of this inside set. Another push towards the MLH is expected. 1R target is reached.
APPLE Looking For A PullbackApple went for the measured move after extended pullback consolidation. Achieving measured moves is usually followed by another round of pullback consolidation . Though the trend is up, short sellers can also make money as the price action shows a broad channel up. Though short selling in uptrends is a risky business, it seems reasonable to sell short around closing price with stops slightly higher than the measured move's high and look for 2R-3R targets . Probability is lower but R:R is decent - worth a try.
LTC goes to the North Pole to meet SantaDatetime : 23 Feb, 22:00 Berlin Time
Since LTC seems to follow big daddy XBTEUR, I went bullish on LTC since I was bullish on XBTEUR. See my thought process on XBTEUR on 24 Feb in the related ideas section to find out why I was bullish on XBT. Also, note that that LTC clearly shows massive upward momentum following the downtrend with significant high on the MACD. This is a clearer sign of an upcoming uptrend.
What trade did I execute?
Time of entry : 22:09 Berlin Time
Trade type : Limit Buy
Direction : Long
Trading pattern : Anti
Entry : 164.8
Stop Loss : 132 (Last time I traded LTC, I got washed out by volatility caused by a failed breakout, so this time I made sure my stop is far away from the last low of the downtrend and even below the next support level at 137.9)
Take Profit : 25 % at 182 (estimated end of next trend leg) and 75% at 192 (estimated end of the third trend leg). This last Take Profit level is subject to change later depending on market action.
Results will be posted when the trade concludes.
Disclaimer: If you trade based on this idea, you are solely responsible for any profit or losses that result.
3,2,1...Takeoff! XBTEUR!Datetime : 23 Feb, 20:47 Berlin Time
What is the current state of price movement in the trading time frame (4H) ?
It looks like we are just concluding the second leg of the downtrend (including pullback) and just starting the third leg. Pullbacks are lasting for 3 bars approximately. The current pullback is also testing two important levels simultaneously - the important level at 8181.1 and the descending trend line. The descending trend line was breached but was conquered again in the pullback.
Since it's only the second leg of the pullback and no serious upward momentum has emerged, odds are that the trend will continue. But assuming 8181.1 to 9426.5 is a range, we have Wyckoff spring like action near the bottom of the range, indicating that this is an accumulation level, indicating that the price will go up from this point onward.
What is the current state of price movement in the trading time frame (1D) ?
Looks the same as the last analysis on 21 Feb. There is a breakout of both the descending trend line and the level at 8181.1. But it isn't clear yet if it is a successful or unsuccessful breakout. The bar after the breakout is green, indicating that the breakout is not clean.
Odds are that the uptrend continues (and the current downward movement is just a pullback - note that there is no significant new low in the MACD) or becomes a range between 8181.1 (most likely) or 7418 (less likely) and 9426.5.
What is the current state of price movement in the trading time frame (1H)?
The 1H timeframe tells a different story. In this timescale, it seems that there has been 3 pullbacks already in the downtrend. The penultimate pullback already looks questionable, with significant high momentum and the fourth leg was prematurely interrupted to give rise to a sudden upward movement which showed up as a significant new high in the MACD. This indicates that the downtrend has run out of steam and we will see an uptrend.
Most likely, the last upward movement is the first leg of an uptrend.
What trade is most reasonable in this situation?
Let's start with the higher time frame. As we discussed, continuation of the uptrend or a range is most likely in the cards. The trading time frame is inconclusive. The lower timeframe indicates that the downtrend has stopped, in which case, this is the end of the pullback or indication that 8181.1 is holding as support.
Given this information, an "anti" trade seems reasonable and we seem to be in the right pullback at the moment.
The pullbacks are supposed to last for 8 bars, and we are in the 5th or 6th bars, which should be reasonably close to a good level to enter the trade.
What about the stop? The stop can be placed beyond the last low at 7800, perhaps at 7600 (because the most important action that happened near the level 7800 is a range between 7800 and 7679.
If 7600 is the stop, the first profit target should be around 8600. If the trend continues, we can try to extract more profit.
What market structures might emerge which contradicts the rationale behind the trade?
If sharp downward momenttum emerges now, that indicates another downward leg might happen. The current bar should not be able to close too far away from 8181.1, wait and see till 22:00. If it does, well it doesn't completely contradict the trade, but doesn't support it either. Then wait for another bar to see if upward momentum emerges. (Okay, at 22:00, we have a Wyckoff spring, so that's a good sign)
Trade that I executed:
Time of entry : 22:07 Berlin time
Type of trade : Limit buy
Direction : Long
Trading Pattern : Anti
Entry : 8133.8
Stop Loss: 7550
Take Profit : 50% at 8650 (conservative end of next trend leg) and 50% at 9426 (since this is the next important level, the uptrend should get it there after a few legs)
Results will be posted when the trade concludes.
Disclaimer: This isn't trading advice. DYOR.
$wmt pullback first then back down!waiting for corrective move to complete on higher time frame retrace back to .382 area resistance and resume downtrend move
quick clean swing moves with negative momentum and weak volume pressure
monitoring price action for continuation trade to downside
GBPJPY 1D chart bearish Anti-Gartleybearish Anti-Gartley
go short below 142.179
target 136.623
stop 145.399
