Hi traders: NZDCHF has managed to break out of the HTF expanding structure. Price initially had a bullish move up, but quickly had a bearish reversal impulse. As we know these are strong price action to indicate a possible reversal. Then we see price begin to form this expanding structure, and looks like price is breaking out on the LTF. Wait for continuation...
Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. It also offers battery management systems; and design, research and development, and other...
Hi traders: We can see 1INCH here had a strong bullish impulse up, and follow by a correctional structure. This is a good indication that price is correcting for the next impulse phrase. We can see some clean LTF price action, a decending channel, follow by a reversal impulse up, and now potentially breaking out. As usual, wait for a LTF continuation...
Hello everyone: ADAUSD is currently in a big HTF correction, and certainly can expect a resume of the bullish trend when this correction completes. We can see that price has been pushing up impulsively from previous corrections. Currently price is in this larger correction, consolidating. This is a good indications that price is preparing for the next...
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Hello everyone: I am also eyeing XRPUSD for bullish price action to continue. We see price had the sharp move down from the SEC news, and has since recover some of the price. We see a strong bullish impulse up, and then a larger, deeper correction begin to form. Latest price is looking like a pennant/triangle continuation correction is almost complete. I...
Hi traders: Also looking at Stellar for the resume of the bullish trend. Price has managed to push up quite a bit from the beginning of January, and we see strong bullish impulses follow by continuation corrections. The latest price had a move down, but was follow by descending channel reversal, good indication the bearish momentum isn't pushing down the...
Hi Trader's -- Hope You Be In Profit -- 💵 USDJPY Analysis ⏰ 4 Hour's Time Frame - Analysis - ( We Have Arrive To End For Up Trend For This Pair ,, And We Will See Down From This Area Because We Have This Below Reasons ) -- Reasons -- 1- Rising Wedge Pattern 2- Trend Line Break Out Done 4- Week In Up Depiction At The End Of My Analysis .. Am Hope You Be Always...
It looks like Oil has now bottomed. I am expecting a strong move higher starting within the next couple of days. I have my first target above but it expected that we will easily run that target. Long bias on CL, let's go!
Hi traders: TRON has pushed up very impulsively, and is now forming another continuation correction. We can see price has made several impulses and corrections to move the price up, indicating we are in the bullish trend, and can expect further bullish momentum. Wait for this correction to complete and wait for breakout follow by LTF correction to get in on...
Hello traders: Looking at DOT for the the resume of the bullish trend. We see price had a strong bullish impulse from previous continuation correction, and price begin to form a deeper, HTF correction structure. We see the structure had at least 2 swing highs and lows, which is a sign that this can be the completion of this correction. I would wait for the...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management. BNBUSD - Running about 1.5% Full analysis/forecast LINKUSD - Running about BE Full analysis/forecast EURAUD - 1 % profit Full analysis/forecast NZDCHF -1%...
It is possible that the pattern repeats itself for the third time, before a bigger 'pump'.
The larger structure indicates that he last arm is not impulsive but Corrective. The possible wave development and termination are indicated. The waves indicated fail for reason: the 3 segments are uncannily equal in price and time taken to complete. On the other hand IF one were to count each of the segments as possible waves 1, 2 and 3and 4, tghen the last...
QuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California. QuantumScape Jumps on News Volkswagen Will Invest $100 Million QuantumScape (QS) - Get Report...
Hello traders: NZDJPY has been dropping as expected from the higher time frame double tops. We saw a strong bearish move down followed by the LTF correction. This expanding structure correct the price up once more to form a recent, LTF double tops, and then a sharp move to the downside. Once price broke out of the correction, naturally, we can expect...
Sometimes a single candle can make a difference. How? It could trigger a trend change. This is not a prediction. It is vigilance for a trend change. Single candles on any time frame often fail. Position is everything (well not exactly). Some say it's luck. I say it is a chance to see how wrong I am. Acceptance of being wrong for a controlled loss is the...