Chart Patterns
SPY Just a follow up on SPY TA .We have been trading in a ascending wedge for the pass week. 586.12 has been a strong area to break. we are also loosing buying power with in this pattern. The pattern is a daily and 4 hour trend that has strong respect.
SPY/QQQ Plan Your Trade For 10-31 : Consolidation PatternToday's video highlights the power and simplicity of what I attempt to do for all of you.
I'm not perfect. I don't see into the future using some magic crystal ball.
I use my tools and skills to watch the markets and apply my knowledge to the charts to identify the most likely future outcome.
My SPY Cycle pattern predictions seem perfect, showing a top setting up between Oct 29-31, then rolling into a reasonably sharp market decline.
Yesterday's Excess Phase Peak pattern in Silver seemed to lead to weakness in the markets while the SPY was attempting to break through the Flag Apex pattern.
Combined, this cross-market weakness has translated into a very strong overnight selling event where the SPY is already off more than 0.50% and Gold/Silver are struggling near recent highs.
I hope viewers are learning from watching my charts and research. I try to explain things as clearly as I can and show you how to apply these techniques on your own.
As I state in this video, you can build better skills. You can improve your abilities to attempt to see into the future (a bit) and learn to apply better trading abilities. You don't have to be tied to failed techniques and indicators the rest of your life.
It just takes some patience and a lot of learning.
Anyway, I hope you see how my effort are helping you and I will continue to do my best to educate you and help you stay ahead of these market trends.
Get some...
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Second Entry Long After A Failed Second Entry Short, VSCOThis could be a powerful move to the upside if we trigger the entry because bears will be trapped. The indices are weak this morning so just pay attention to that if you are entered into this trade.
ES Price Action Review RTH 10-30 and Overnight 10-31Going over the RTH ES WEdnesday and the overnight session. Reviewing for clues the market was leaving us and we're coming up with a plan for today.
Day Trading Nifty-31st Oct ’24 (Hindi Audio-1:08)Below mentioned points are discussed in my post analysis video(Fast forward to 1:08 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Bought Nifty around 24240
31.10.24 Morning ForecastPairs on Watch -
FX:EURUSD
FX:NZDUSD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
GBPAUD ANALYSISgbpaud analysis on impulse and correction. why the market is going down? why is going to go up?
Is The NAS100 Set For Possible Bullish Move? Key Price Action Si👀👉 The NAS100 is showing bullish momentum across the monthly, weekly, and daily charts; however, a notable pullback is occurring at a critical support level. I’m monitoring this area for a potential buying opportunity that aligns with the key criteria discussed in the video. In this analysis, we’ll identify important price action signals to watch and outline strategic positioning for the next potential move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
EURUSD Set For Possible Bullish Breakout? Key Price Action Signa👀👉 EURUSD is demonstrating bullish momentum across the monthly, weekly, daily, and 4H charts. I'm closely watching for a potential buying opportunity, aligning with the key criteria covered in the video. In this analysis, we’ll pinpoint essential price action signals to track and outline strategic positioning for the next potential move. *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Yes, it works on all timeframes... (ICT Concepts)In this video I just demonstrate a scalp based off of my process of of DOL>CS>Entry, and I do this on EURUSD, which is one of the pairs I have most experience in.
It is relatively simple and everything is explained in the video. If there are any questions, feel free to drop a comment.
- R2F
GBPAUD FORECASTStructure are looking stronger, price action is looking stunning. From the higher timeframe we can see price has shown the signal that it is going to the downside. we just need some confirmation before we make decision to execute our positions!
GU is volatile...but we need more data for direction...I cant really call it at the moment. Price is indecisive as we come to the monthly transition. The last day of the month and anything can happen. Watching for a solid direction and sitting on hands for now until London open. Expecting some good price action for both sessions going into Thursday.
Deciphering The Mysteries Within A TrendIn this video, I breakdown trend dynamics to help you understanding what is actually happening in a trend. I cover the following:
What is climatic activity?
What climatic activity means for a trend.
How to spot climatic activity with price action.
How to spot climatic activity with an indicator
How to measure trend strength with price action
How to measure trend strength with an indicator
When trading pullbacks, it is imperative to understand strength of trends. You do not want to enter a pullback at the end of a trend.
Seller's returnSellers returned to the S&P 500 on the daily chart. I was looking for an up close on Wednesday but what we found was a skittish market that broke to the downside. Follow through to the downside could be tough because there are strong levels of support for the market to break through.
Amd - Break, Retest And New All Time Highs!Amd ( NASDAQ:AMD ) is about to start another +100% rally:
Click chart above to see the detailed analysis👆🏻
Amd just retested and rejected a major previous horizontal structure and is starting the next major bullish wave towards the upside. Looking at previous cycles and the rising channel pattern, it is quite likely that Amd will follow Nvidia and create new all time highs soon.
Levels to watch: $130, $270
Keep your long term vision,
Philip (BasicTrading)
SPY/QQQ Plan Your Trade EOD Update For 10-30: ConsolidationWhat an interesting day regarding how the markets reacted to the Flags and APEX setups.
My update video was perfect as we saw the market break away from the Flag Apex and trend downward almost all afternoon.
With BTCUSD moving into a Flagging formation within a potential Excess Phase Peak pattern near $72, things are about to get interesting.
Either we see the breakdown of support in the markets over the next 4-5+ days or we see support hold and the markets rally a bit higher going into the long weekend.
It's an either A or B type of scenario right now. I estimate fear and uncertainty drive the markets about 3.5 to 5.5% lower before the election.
Buckle up and prepare for real market volatility. By tomorrow's end, make sure you are protected from risk.
Beyond that, at this point, it is a wait-and-see type of situation.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
S&P500: In a channel, choppy, and likely breaking downAs forecasted, it was a choppy day & likely going to continue tomorrow.
If you want to be trading, then it's better to time your entry at the nearest to the support level & take profits at the next resistance level, and same on the Sell side.
Take care & always trade within your risk!
MOBILEYE ($MBLY) : BUY OR FOMO YOUR CHOICE! TICK TOCK!!!NASDAQ:MBLY BUY OR FOMO YOUR CHOICE!
In this video, we talk about:
1.) Why the stock is down 5%
2.) Why everything on the Technicals/ Fundamentals point to a STRONG BUY.
3.) My earnings prediction & fair value
Thanks for watching! I know it was a longer video, but I always want to be thorough. Especially with a name as polarized as this one.
Are you a BUYER, will you FOMO, or am I WRONG? Let me know in the comments.
YouTube:
@TheRonnieVShow
NFA
#BuyingOpportunity #BuyTheDip
ARE WE HEADED FOR ALL TIME HIGHS ? MY NEXT PLAYS Bitcoin has closed above a critical trendline. Why is this trendline significant? Because it has historically acted as strong support, repeatedly rebounding price. The question now is whether we'll see a retest before reaching all-time highs or if it will surge straight to new levels. Let’s watch how the price action unfolds.
For my next move, I’m looking for a retracement followed by a continuation setup.
For any of these plays, I want to see a flip in structure on the 10 - 15minute chart or higher before entering. Let’s be ready!
Make sure to follow for regular updates and insights! 🔔💡
🔔Enquire for 121 lessons / academy
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Review and plan for 31st October 2024Nifty future and banknifty future analysis and intraday plan in kannada.
Result analysis.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
amc target $14 in the coming weeks.this is a video about amc bullish targets and pepe overtaking dogecoin. this is a warning to crypto traders...
SPY/QQQ Plan Your Trade Update : Shift Market Trends - BUCKLE UPThis update is to show you why I believe the markets have already started moving into the low-liquidity phase I have been suggesting for more than 3+ weeks. This low-liquidity phase will happen as we move closer to the US elections.
Simply put, traders are very anxious regarding the outcome of the election and the chaos that may happen after the election. Because of this, I believe many traders have already pulled capital away from the markets and are sitting on CASH.
This lack of market liquidity could present a very real risk of a FLASH-crash type of event.
So, BUCKLE UP.
Metals shifted downward (silver is leading almost all other markets with very clear patterns/setups).
BTCUSD appears to have peaked and is rolling downward.
The SPY is about to APEX into a new FLAG APEX - thus we should expect extreme volatility over the next 3+ hours of trading. Possibly leading to a strong downtrend near the end of trading today.
And, I believe all of this points to the lack of liquidity event taking shape. Moving the markets into a type of low liquidity PANIC mode (downward).
Play safe and Buckle Up!
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
