Using the last high we can form a triangle that is harmonic with the volume profile centring itself in the middle of the triangle. Further peaks in volume create resistance and support demonstrating a possible break up then down. You’re welcome!
40 pips profit Its beautiful Please follow the capital management depending on the amount of input
In case of upward break, target will be 13.5% growth. In case of downward break, target will be a 12% drop.
As we saw bulls completely took over the market so we will sit back and watch price action unfold as we had a falling wedge into a key level then it broke out so we wait for retest to see if bullish momentum continues. Will update as time goes on, stay tuned! Good Luck. God Bless!
NZDCHF touched the support level of the D1 falling wedge pattern and is beginning to show much sellers exhaustion on the lower timeframes. Also, it left a long wick to the downside to bounce off the H1 major support and failed to open and close consecutively below the H1 minor support. All of these indications signify buyers pressure in the market. A bullish move...
Not touching it. It looks great. Performing as expected. XLM is on course, still looking to take profit and enter a short once we break above $.40 on a daily candle. Continuing to DCA, and pack my bags. If XLM continues to climb, we will re-enter at $.44 (5% stop loss) and continue our climb... I wouldn't be against throwing a few more thousand $ once we...
Could a trend get any more clear? Just waiting for the next closing to the bottom/top trendline.
look at this beautiful candle standing alone out there
Although this is a Chinese company that has many conflicts with the US right now, BABA has an absolute phenomenal balance sheet. This stock should be valued more than AMZN (in my opinion). Trend wise, BABA has consolidated and once breaking the $270 mark should make its run towards $300 quite swiftly. Long term i see this at $320 and then $400 next year.
Upgrades people, upgrades! Get in fast! WILD RIDE APPROACHING! Not for the faint of heart....
Blue line - Resistence Orange line - Support Be kind to each other, Vanilladelphia.eth
A quick update on GJ from my last post. My 1HR analysis wasn't 100% spot on but.....it was pretty close. The market closed below the 1HR demand zone I had drawn just to come down and reject off another demand zone at 131.800. (Check last post to see what I'm referring to). On the 4HR time frame however, the market came down retested that 4HR (orange) ascending...
AFTERPAY LTD Target for wave 3: 1.618 measured move of wave 1 Sell/ Short entry: $43 Stops at $46 Target for wave 4: .382 retrace of wave 3 Buy/ Long entry: $31 Stops at $27 Target for wave 5: 1:1 projection of wave 1 taken from low of wave 4 And -0.236 (Algo Target) of wave 3 Sell/ Short: $50 Stops at $52 This is obviously projected from targets we don't have...
AFTERPAY LTD Target for wave 3: 1.618 measured move of wave 1 Sell/ Short entry: $43 Stops at $46 Target for wave 4: .382 retrace of wave 3 Buy/ Long entry: $31 Stops at $27 Target for wave 5: 1:1 projection of wave 1 taken from low of wave 4 And -0.236 (Algo Target) of wave 3 Sell/ Short: $50 Stops at $52 This is obviously projected from targets we don't have...
I don't know what matic is, but this coin has been forming a bullish falling wedge pattern for a while now. could this be the bottom of a huge bull run in the future? will altcoins just continue to die after all of these coins finish going up? I have no idea. but if you are just looking for an in-and-out trade instead of a long term investment I would certainly...
Here we have a beautiful inverted Stochastic divergence Setup to go short. Stop Loss would be above the latest Parabolic Sar Dot on the H4. Take Profit is open until yet, have fun. $$$
Looks like TWTR has formed head&shoulders, and also cup and handle. what's your thought?