Evening Traders, Today’s analysis – ZILUSDT- trading at and area of resistance where a rejection is plausible, Points to consider, - Price action corrective - Weekly S/R Resistance - Daily S/R Support - Impulsive Wave ZIULUSDT’s immediate price action is trading at a resistance point that is in technical confluence with the POC, Weekly S/R, Int Daily S/R...
Evening Traders, Today’s analysis – ADAUSDT – trading in a constructive downtrend with another potential lower high intact, Points to consider, - Price Action Corrective - .618 Resistance - Pitchfork .618 Resistance - VAH Confluence ADAUSDT’s immediate price action is corrective and is has rejected from a key level, allowing for a bearish bias. The...
Evening Traders, Today’s analysis – APEUSDT- trading away from its Channel High, losing support will lead to a deeper pullback, Points to consider, - Price Action Impulsive - Channel Low Support - Naked Single Print - Lower Resting Liquidity - Market High Low APEUSDT’s immediate price action is trading towards an area of support that is in technical...
Evening Traders, Today’s analysis – GRTUSDT – trading below an important resistance, a rejection is likely at the current moment in time, Points to consider, - HTF Range Low Resistance - Equal lows still present - Lower Resting Liquidity - Volume Influxes GRTUSDT’s immediate price action is trading at a key resistance zone where a rejection will confirm a...
Evening Traders Today’s analysis – BNBUSDT – trading at a key resistance level where a rejection is probable, Points to consider, - Price action SFP - Daily S/R Resistance - .618 Fib Confluence - Low Volume BNBUSDT’s immediate price action is corrective and is trading at a level of clear resistance, that is the daily level and the VAH, allowing for a...
Primary Chart: Primary Down Trendline, Fibonacci Levels, Two Key Anchored VWAPs SUMMARY SPX's downtrend in 2022 was never invalidated. It remains effective at the start of 2023. Downward forward earnings revisions combined with a challenging macro environment (recession along with tight central bank policies in the US, UK and EU and elsewhere) will continue...
Evening Traders, ' Today’s analysis – SUSHIUSDT- trading towards a key resistance zone where a rejection is possible Points to consider, - Price Action Corrective - Daily S/R Resistance - .618 Fibaoncci Resistance - Previous Consolidation Zone SUSHIUSDT’s immediate price action is trading towards a key resistance zone that is in confluence with the .618...
Evening Traders, Today’s analysis – GBPUSD- trading around range higher where a rejection towards the lows is probable, Points to consider, - Price action corrective - Range High Resistance - .618 Fiboancci Confluence - Daily S/R Objective GBPUSD’s immediate Price Action is approaching an area of resistance that is in confluence with the .618 Fibonacci...
Evening Traders, Today's analysis, EURUSD - trading towards a key resistance level where a bearish retest is possible, Points to consider, - Price Action Corrective - POC S/R Resistance - .618 Fibaoncci Resistance - Bearish OB Resistance - Low Volume EURUSD's immediate price action is corrective, the bounce is on low volume and approaching a key trade...
Over the past few months/years, I've been working through a new predictive modeling system for long and short-term predictive cycle patterns. I think I've DONE IT. What are Cycle Patterns? They are historically accurate price/technical patterns that map out expected types of price trends in various symbols/sectors. Mostly, I've been working on the SPY &...
Evening Traders, Today’s analysis – NZDUSD – trading from a key trade location where a bounce is plausible, Points to consider, - Price Action Corrective - .618 Fibonacci Support - Harmonic B Leg to C Leg Confluence - Price Action low objective NZDUSD’s immediate price action is trading at a technical area that has confluence with the .618 Fibonacci and...
Evening Traders, Today’s analysis – USDCAD- trading towards a key support region that has technical confluence Points to consider, - Price Action Corrective - Weekly S/R Support - .618 Fibonacci Support - Swing Failure Region USDCAD’s immediate price action is trading towards its Weekly S/R that has technical confluence with the .618 Fibonacci and market...
Evening Traders, Today’s analysis – ZILUSDT- trading above its range high with the probability of continuing the trend, Points to consider,. - Price Action Corrective - Daily S/R Resistance - VAH Support - .618 Fibonacci Support ZILUSDT’s immediate price action is corrective and is trading at a key trade location – the range high support -that high...
Evening Traders, Todays analysis – SOLUSDT – trading in a descending channel where a where a continuation is probable, Points to consider, - Price Action Corrective - POC Resistance - Monthly S/R Support - Low Volume SWOLUSDT’s immediate price action is trading in a local down trend, a bounce from the current POC is possible before a larger correction...
Evening Traders, Today's analysis = APEUSDT - trading in a strong downtrend where a reversal is probable at the local trade location. Points to consider, - Price Action Correction - Bullish OB Support - POC Support - Low Volume - RSI Extended APEUSDT's immediate price action is trading towards a key trade location that has technical confluence with a...
Evening Traders, Today’s analysis – ATOMUSDT- rejection of from an order block, allowing for a move down, Points to consider, - Price Action Corrective - Local OB Resistance - Local OB Support - .618 Fibonacci Support - Low Volume ATOMUSDT’s immediate price action is rejecting of from a Local OB Resistance, trading towards the support level that has...
It was an epic CPI Thursday on the markets and now we’re in rebound mode. For the USD/CHF, rates are back in range of a key support level: Daily 62% Retracement, 0.9222 If we see the Swissy test the 0.9225 area, be on the lookout for a bullish bounce. Here's the trade: 1) Buy 0.9227 2) Stop loss at 0.9212 3) 1:1 risk vs reward, 15/15 pips
Evening Traders, Today’s analysis – EURNZD- trading at a key area of support where a bounce is probable, Points to consider, - Price Action Corrective - Local OB Support - POC S/R Support - Low Volume EURNZD’s immediate price action is trading at a key level of support that is in technical confluence with the POC, VWAP S/R and the Local OB, allowing for...