next moves in the market keep in touch to see how it ends, using bfi strategy, more info pls write in comments i would like to know how you trade
Double bottom spotted when the price make a huge spike and continuous uptrend. Expect price to go further high if it fulfill following requirement - Price breakout 87.950 resistance - Fixed poc as support - Breakout high to the short up trend channel - Major downtrend breakout ✓
Analysis Forecast: Potential Support Level Analysis is for: SG Market Position Trading Income Portfolio Supporting Technical Observations: 1. Price resting near Fibo 50% Retracement 2. Fund Flow Index (FFI), positive divergence Forecast: Currently, expecting Short term rebound towards S$2.65 resistance area. If accumulation trading range is formed, we will see...
What is Volume Profile??? Volume Profile is an indicator that shows us the amount of traded asset at a certain price level. It shows the data we needed as a histogram in Y-axis next to the price levels. Difference between Volume Indicator and Volume Profile??? There are two major differences in these important indicator. As we spoked, Volume Profile is defined...
Description: An analysis for the week ahead. Points of Interest: 61.8% Retracement (YTD VWAP Nearby); 127.20% (2900) And 161.80% (2920) Extensions; 2790 Gap Fill. Technical: Despite terrible news, the value of the current down-move (2/19-4/17) shifted higher, as evidenced by fixed-range POC at 50% retracement. Other broad market indices, such as the...
Ciao a tutti traders, siamo davanti ad una lunga discesa di questa coppia di valute dove il prezzo si trova esattamente sul punto di controllo dell'ultimo movimento ribassista a seguito di un ritracciamento su time frame da 30m. Per un operatività a breve termine possiamo attendere l'incrocio delle due medie mobili da 20 e 100 periodi insieme al rimbalzo sul primo...
Pirce is currently testing a strong resistance level in the form of: Edge of High Volume Node measured from 11th of December 2018 till 5th of May 2019 POC from the recent downtrend (5th May - 9th June) Anchored VWAP Horizontal S/R Because of that, we can expect lower prices in the upcoming days/weeks. As a target, we would use Value Area Low from...
The retest of the previous horizontal and trendline resistance giving a possibility for a healthy pullback after a strong uptrend. Targets are marked out on profile of the previous rally.