#ID/USDT Ready to go up#ID
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.4320
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.4428
First target 0.4547
Second target 0.4644
Third target 0.4746
IDX
BBCA (VCP - 26W 19/3 3T)IDX:BBCA - VCP
18-09-2024
Reason:
1. Low risk entry point
2. Volume dries up
3. Confirmed Stage 2
4. Price above MA 50 > 150 > 200 over 10 weeks
5. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
Flaws:
1. RS rating less than 70
2. 5 biggest marketcap
3. No big volume on breakout
Nq potencial bullish flat Seems like NQ is in a Bullish flat formation, that will take another few weeks maybe couple months to resolve.
Still Bullish longer term as long as August low is not pierced!
Long around b (in blue) of 3 (green) to new ATH's... then we'll be looking for signs of bearishness and entry to short for a big 5 waves down!
ALDO - CUP WITH HANDLEIDX:ALDO (CUP WITH HANDLE)
28-10-2024
(+):
1. Low risk entry point, first time the stock showing it’s buying point
2. Volume dries up on handle
3. Stock showing it’s strength while market is corrected
4. Price above MA 50 > 150 > 200 over 10 weeks
5. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (82)
(-):
1. Not really confirmed Stage 2, there is high that need to break out at price 520
TINS - (VCP 61W 110/14 4T)IDX:TINS (VCP)
23-09-2024
(+):
1. Low risk entry point, cheat buy on pivot point
2. Volume dries up
3. Confirmed Stage 2
4. Price above MA 50 > 150 > 200 over 10 weeks
5. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (91)
(-):
1. The breakout on pivot point is not big enough
ASII Buy Trade Setup1. Trend Confirmation:
Identified a Change of Character by the break of the previous high at 4830, also the break of previous downtrend, indicating a reversal in market sentiment and a new bullish trend.
2. Fair Value Gap (FVG):
On the Weekly chart, identified Fair Value Gap between 4790 - 4940.
3. Trade Execution
Entry Price: 5100 ( Long Bullish Bar on 21 Oct 24)
SL: 4770 (FVG)
TP1: 5900
Risk-Reward Ratio (RRR): 1:2.4
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
PBID - CUP-COMPLETION CHEATIDX:PBID (3C)
14-10-2024
(+):
1. Low risk entry point
2. Volume dries up
3. Price above MA 50 > 150 > 200 over 10 weeks
4. Price is within 25% of 52 weeks high
5. Price is over 30% of 52 weeks low
6. 200 day MA trending up over 1 month
7. RS Rating is over 70 (86)
(-):
1. Not really in Stage 2-a uptrend
2. No big volume on the breakout
Buy when there's blood in the streets, SIDO Market Outlook!Here we can see the potential movement for SIDO, I created a downside target as well as an upside target that you can look out for.
for the downside I made a target from the formation of a bull flag pattern, and for the upside target I used fibonaci and also elliot waves.
XAUUSD trading plan on January 3, 2024. The market waits for theThe S&P U.S. Global Manufacturing Purchasing Managers' Index (PMI) for December fell below investor expectations on Tuesday, sliding to a four-month low of 47.9 vs. The forecast level is stable at 48.2 from November.
Market appetite is distorted by erroneous data and investors are starting to temper expectations for interest rate cuts from the US Federal Reserve (Fed), with average expectations of The market is pricing in about 150 basis points of interest rate cuts through the end of the year. This is in stark contrast to the dot chart of Fed interest rate expectations, which currently shows a maximum rate cut of 75 basis points through 2024.
Market sentiment will be buoyant this week as the first 2024 US Nonfarm Payrolls (NFP) print is expected on Friday. December's NFP is expected to show a slight decline in US job additions from 199K to 168K.
NFP watchers will have to weather the mid-week crunch, with ISM Manufacturing and the latest Fed Minutes released on Wednesday, followed by ADP Employment Change and Initial Jobless Claims on Thursday in the week ending December 29.
It is expected that GBPUSD will decrease graduallyThe pair even broke the 100 simple moving average (red, 4-hours). The next major support lies at 1.2610 or the 200 simple moving average (green, 4-hours).
A downside break below the 1.2600 zone could trigger an extended decline. The next major support is 1.2520, below which the pair could decline and test the 1.2450 level. Any further losses could push the pair towards the 1.2300 zone.
On the upside, immediate resistance is near the 1.2680 level. The next key resistance is near the 1.2720 level. A close above the 1.2720 zone could open up more upside opportunities. The next stop for the bulls could be 1.2800.
BBCA on HnSBBCA is now forming a Head and Shoulder pattern. Supporting the gap on 7625, the possible scenario is this stock will drop to that area before it makes a turnover. Investors are to expect around -12% (Calculated from today's -6th Feb 2023- price) and traders could be taking this chance to short the stock while it drops.
If you are looking to invest in this stock and you haven't put your money into it, better put it on hold because "Sell on May" is gonna be real this year. Prepare to buy the dip.
SVA,
February 6, 2023
Bull Trap Ahead!! Max pain incoming...In trading, a bull trap is a situation where a trader (beginner) buys an asset believing its price will continue to rise, only to see it fall sharply soon after. If you inspect the SPX chart by yourself, you'll see:
1- lack of increasing volume
2- absence of momentum
3- lack of definite/sufficient trend break
4- retesting of resistance level (Major downward trendline)
5- sus bullish candlesticks
6- last but not the least, the VIX is at the zone where the market always reverse to the downside. This is just a prime short entry in my opinion.
Overall, the macro market conditions still didn't improve that much. Ofc there is a chance it breaks up, however, the odds of this being a bull trap is wayyy more likely. Don't FOMO into anything and have a bi-directional outlook on the chart; inverting the chart might help. Protect your capital and lessen your position sizes until further confirmation. Take care
market started positive today after closing at 6800 levelthroughout its movement, the JCI has been positive by moving away from support at 6752, closing also well at the 6800 level. today JCI will test resistance 6858 to 6911 with support at 6752 and 6683.
the market has left the support range 6509 - 6752, after the crash from the fall of GOTO, which impacted to several stocks, both bigcaps stocks to second tier stocks.
IDX : ERAA BREAKING THE HEAD N SHOULDER PATTERN !!ERAA weekly chart show us that there is Head and Shoulder pattern (Reversal Pattern From Bullish To Bearish) and already break the H n S neckline.
Thats mean ERAA will going to the target area HnS at price 380-390 in the long game (Weekly).
Stochastic indicator in weekly already Oversold, so there is a chance price will have a short Rebound to the Neckline Area.
Disclaimer ON.
IDX $AGII Rising Wedge Potential Breakdown$AGII of IDX
Technical:
Rising Wedge breakdown followed a textbook ABC pattern
Breakdown will result in freefall to a strong first support at 1400 area, followed by a failed attempt to push past the bottom channel of the wedge and will start another freefall to the next support at 800 area inside 0.618 fib area.
Fundamental:
The trigger would likely be the (next) earning report as evidence in decline of EBITDA over the subsequence quarter which has little hope to reclaim record earning at Q3 2021
Q4 2021 exhibit a poor earning performance(-25% from Q3) but followed by a to new ATH at 2500. The (low volume) markup most likely mark the start of distribution phase to from institution to retail whom realized the declining performance of the company and increasingly unhealthy interest payment coverage by its operating cash flow (EBIT/debt interest : 1.7x)
AGII's EBITDA
Q3 2021 275
Q4 2021 204 ↓
Q1 2022 184 ↓