CAT
Dead Cat BounceIn trading, "Dead Cat Bounce" refers to a temporary recovery that occurs after a sharp price decline that is usually followed by a downward trend. It can be defined as the chart phenomenon that occurs during a bearish movement.
Basically, it is an expected correction on a brutal fall in prices. In the market jargon, it is a trap for the bull traders.
Bulls, Stay Alert!
More Bearish Pressure on the NZDCAD The NZDCAD is about to test the strength of the ascending trend line. If it manages to break down below it on the third attempt, this would likely allow the pair to probe breaking even further down south - towards the previous swing low.
Upon completing the last 1-5 Elliott Wave Pattern, the pair is currently developing a corrective ABC pattern. Notice that the AB retracement is taking the form of a Dead Cat Bounce, which confirms the bearish expectations. Moreover, the Bounce peaked below the 50-day MA, which represents yet another selling indication.
BTCUSDT - BINANCE - 1HR - Dead Cat Bounce #2changed from 15min to 1hr and charted the prior bounces.
Opportunity to Sell GBPNZD's Dead Cat Bounce The GBPNZD pair appears to be forming a new Dead Cat Bounce pattern, which typically signifies likely bearish reversals.
An opportunity to sell around 1.94500 (previous swing high) may emerge, provided that the price rebounds from the 50-day MA (in green) and 100-day MA (in blue) for a second time. It did the same during the establishment of the first Dead Cat Bounce.
If the price breaks down below the support at 1.92000, then the subsequent dropdown will likely test the psychologically significant support level at 1.90000.
New Zealand's CPI numbers and UK's unemployment data, both scheduled for publication on Tuesday, are likely to cause heightened volatility. This could serve as the catalyst for the expected bearish reversal.
$CAT Short-term swingCAT looks bullish again on the daily chart. Looks ready in the indicators as they've turned bullish yet again. Both the RSI and Stoch RSI had a crossover last week. We put in an inside day last week after being below the recent pullback's VWAP and reclaimed demand on the upside. Looking closely at price action to confirm a bullish trend to continue higher or to reverse below the highs' anchored VWAP. It is also looking like a short-term flag that could break out from.
$CAT Daily Head And Shoulders 4/12 (Healthy Pullback)Video breakdown on $CAT going into 4/12-16
CAT has Rejected New highs and set up a head and shoulders. It seems to be sitting on top of its 20 EMA and best respects the 50EMA which is my target if the H&S plays out. More videos on my tradingview page $220 P for 4/16 closed at .34 not a bad risk to reward.
Bulish Divergecne on HBAR - 17% potencial gain Bulish Divergecne on HBAR - 17% potencial gain
Also Bullish Gartley.
Let's see how it's plays out.
QQQ very clear 5 waves down - The 'A' wave may be finished QQQ 5 waves down - the fib extensions measure out cleanly.
Because it appears there have been 5 waves down this implies it is the A wave of an ABC correction.
Now will watch for the B wave up dead cat bounce, before the c wave finishes it and could bring it lower.
There is another more bearish possible count here but wont post that just yet. If this ABC is the pattern that has started it, could play out something like this.
Many other tickers have this similar 5 wave structure down.
Look at the perfect bounce on this monthly candle level which was the monthly open for september 2020.
Volume climax.
Getting into oversold areas.
VIX never really spiked on this first drop...
Bigger fib extension long setup (yellow and red lines) could take this to the green target at 362 as long as the red line holds.
The more bearish elliott wave count would invalidate the fib setup.
TSLA very clear 5 waves down - The 'A' wave may be finished TSLA very clear 5 waves down and measurement levels are clean.
5 waves down is corrective and has 2 possible outcomes, this being the less bearish of the 2 and i lean towards this more conservative count for now.
It looks like tsla has put in an A wave of an ABC correction, and its very possible the A wave down is done.
Looking for a B wave bounce to start soon.
Other tickers as well as the QQQ have very similar 5 waves down.
Price bounced at the 50% fib of an extension fib setup. The longer term target for this fib setup is 1068 as long as 465 doesnt break.
Trendline Support.
Volume climax at lows.
RSI and Stoch oversold.
Watching for the start of the B wave up. Resistance into recent supply levels would make sense possibly up to 840.
CAT on observation Great chart and opportunity to catch CAT on this move :)
ABCD chart in the combination with ascending triangle and great FIBO. :)
Thank you for reading this, if you like an idea of CAT press like button and leave a comment :)
CAT bullish flag rangeAs long as we are in this range CAT will continue its bullish accumulation and could go as far down as testing 100.
There is strong support there which gave us a great impulse up. There are many situations this can create right now.
Short pressure holds at 150...a clear expanding flat setup could be at play or bullish buttery extending
The long term move is UP...lots will be waiting for that breakout of this range! But where will it be??? will we tap 100 first before trying 200?? Ya I think so... we got close but not close enough!
manufacturing in the USA is ramping up. I would assume profits will come to CAT from many sources over the next 10 years.
Will Bitcoin Bullish Rally Continue?Hello, dear subscribers!
Let's take a look at current Bitcoin price action. We can see that the Head and Shoulders bearish scenario was cancelled becauce the neckline area was not broken.
There was also the danger of dead cat bounce scenario that could means the end of bullish rally but the price was able to find support above the 61% Fibonacci level according to swing high and low. This bearish scenario was also cancelled.
Now we can see that the price faced with the rejection exactly at the 78% Fib level but it is normal situation. If the price break through the 78% Fib the next rejection will be at ATH level, but now according to this analysis we can see that there is a high probability of bullish rally continuation and we can see the $44600 (R3 monthly level) during next week.
Dead Cat Bounce ScenarioHello, dear subscribers!
Today we are going to examine a very interesting chart pattern which can help you to find the hidden danger in the market.
The dead cat bounce is the reverse bearish pattern, hence the market should be in the uptrend before it's formation.
After the swing high point is reached the sharp price drop usually follows. When we are able to identify the swing low we shoud measure the first bounce height. For this purpose we can use the Fibonacci retracement levels from the swing high to the swing low.
For the traditional markets it is typically used the 0.5 Fibonacci level, but on the cryptomarkets the 0.61 level can be used too due to high volatility.
If the price was unable to close above this Fibonacci level during the first bounce, there is a high probability of dead cat bounce scenario, when the price continue to fall and the global downtrend changes the uptrend.
We use the current Bitcoin price action to illustrate this pattern. There is a big danger now to execute exactly this scenario. Please, be careful!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
probable short eur usdok for this predict , im still waiting for macd confirmation!
there is a crooked resistance line up ahead that can be a good point of reversal.
other thing that i wanted to talk about is in an outer look i thing this pair changed its taste to something like neutral and short bias from long bias that happend last week.
there would be two target if it goes right as soon as i see the confirmation ill post the update targets
Caterpillar Inc.📈 NYSE:CAT LONG H4
🛒BUY above = 169.12
🎯Target1 = 177.93
🎯Target2 = 183.38
🛑Trailing Stop loss = 154.85
❌Cancel trade and open reverse trade = 154.85
🙈Recommended risk = 1-2%
#CAT #CATLONG #BUYCAT
ACB- Dead-cat bounceIn range-bound market, bottom reversal happens far less often than when the market is in the clear uptrend.
However, if Aurora's monthly POC holds up, it's not hard not to see at least some relief bounce from the stock that's so beaten down.
That being said, there are better marijuanas stocks out there. Aurora is only good for swing trade.
Invest in MJ ETF for more conservative approach (Refer to the chart attached below)
Proceed at your own risk. Allocate only the small % of your capital and set the tight stop loss.
Not the financial advice
CCU, Dead Cat Bounce (bearish) I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 70%
TARGET (EXIT) PRICE = 12.38 USD
BREAKOUT (ENTRY) PRICE = 12.66 USD
DISTANCE TO TARGET PRICE = 0.64%
EMERGED ON = Oct 02, 12:00 PM (EDT)
CONFIRMED ON = Oct 02, 02:55 PM (EDT)
WITH CONFIDENCE LEVEL = 73%
The Dead Cat Bounce pattern appears when a security's price falls quickly but has a temporary “v-shaped” recovery before resuming its downward trend. The temporary bounce (from point 2 to point 3) may be explained by shorters covering their positions or buying by investors who think the price has already reached a low point.
It is important to wait for the confirmation move, which is when the price breaks below the low where the dead cat bounce occurred (point 2).
Trade idea
If the price breaks out below the price where the dead cat bounce occurs, then day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the pattern’s height by measuring the initial fall (from points 1 to 2). Then calculate the target price by subtracting the pattern height from the breakout price level. When trading, wait for the confirmation move prices falling below the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
