Volatile Past - 4hr Interval - ADMAHello Everyone,
The stock (ADMA) PA (Price Action) has been nothing but (IMO) an eye opener. As numerous traders were seeking to short the stock at price intervals (4.10 -4.15), there was another (bullish) penetration in the stock's trading average. This certainly is lesson for anyone interested or keen on investing in the stock market. (Avoid sporadic price fluctuations, be diligent and considerate of market catalysts)
Resistance Level 2 - (6.80 - 7.10) 30 cent interval
Resistance Level 1 - (5.80 - 6.10) 30 cent interval
Blue Horizontal Line (KPZ) - (4.30 - 4.55) 25 cent interval
Support Level 1 - (1.90 - 2.20) 30 cent interval
Furthermore, risk management is pivotal when attempting to trade such a stock. (Do not let impulsive actions wipe-out your account).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Plan)***
-LionGate
Patience
Consolidation Taking Place - 30min - LINUFHello Everyone,
The stock (LINUF) has begun to consolidate at PA (Price Action) levels (0.037020 - 0.012578), which can be quite a discrepancy in value. There does not appear to be any (solidified) S/R levels that can implicate a viable position at this moment in time (IMO). Further analysis and patience is ideal within any trading strategy.
Resistance Level 3 - (0.131140 - 0.121170) .000030 cent interval
Resistance Level 2 - (0.099750 - 0.099790) 0.000040 cent interval
Resistance Level 1 - (0.039650 - 0.039680) 0.000030 cent intveral
Blue Horizon Line (KPZ) - (0.023985 - 0.023105) 0.000020 cent interval
Support Level 1 - (0.009920 -0.009950) 0.000030 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***
-LionGate
Position Formation - 4hr Interval - USDCADHello Everyone,
The currency pair (USDCAD) throughout the past week consolidated and then gained traction towards a downward (bearish) identity. A reversal or further consolidation may be imminent. Be cautious and let market action take place (Support Level 1 or Resistance 1).
Resistance Level 1 - (1.34680 - 1.34730) 50 pip interval
Blue Horizontal Line - (1.33200 -1.33250) 50 pip interval
Support Level 1 - (1.32430 - 1.32480) 50 pip interval
Support Level 2 - (1.31100 - 1.31150) 50 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Plan)***
-LionGate
Current Consolidation - Daily Interval - ONTXHello Everyone,
The stock (ONTX) began price consolidation after a tremendous push north (Bullish). As of currently PA is immensely volatile and I advise caution when longing or shorting this stock.
Resistance Level 3 - (11.15 - 11.35) 20 cent interval
Resistance Level 2 - (5.90 - 6.15) 25 cent interval
Resistance Level 1 - (4.70 - 495) 25 cent interval
Blue Horizontal Line (KPZ) - (3.35 - 3.65) 30 cent interval
Support Level 1 - (1.55 - 1.80) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Potential Short Position - 4h Interval - PULMHello Everyone,
The stock (PULM) experienced rapid growth (bull) within today's market. Considering the current sporadic momentum upwards, there is none-the-less an opportunity to short the stock till price consolidation.
Resistance Level 1 - (4.30 - 4.50) 20 pip interval
Blue Horizontal Line - (1.80 - 2.10) 30 pip interval
Support Level 1 - (0.50 - 0.80) 30 pip interval
Furthermore, (PULM)'s Net Income: -18.056M which can be quite alarming, as their return on assets is negative as well (-1.1653). If they can revitalize the negative totals (into positive), there still may be hope for them in the coming months and year.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***
-LionGate
Potential Correction - 4hr Interval - ADXSHello Everyone,
The stock (ADXS) has none-the-less presented an immense amount of volatility within the last few days (2). The overall trend of the stock, however, is pulling downwards (Bearish) towards territory that hasn’t been contest since (2009).
Resistance Level 2 - (14.70 - 15.00) 30 cent interval
Resistance Level 1 - (10.75 - 11.00) 25 cent interval
Blue Horizontal Line - (8.00 - 8.30 ) 30 cent interval
Support Level 1 - (2.55 - 2.80) 25 cent interval
Furthermore, this is highly sporadic stock and should be handled with immense caution. (Wait for PA confirmation prior to entering a position)
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Principles)***
-LionGate
Position Developing - 45min Interval - CELHello Everyone,
The stock (CEL) has appearing to garner a modest amount of upward momentum. In the very least, PA is either attempting to consolidate at current price levels or formulate a breakout position. (Let Market Action Take Place and Then Form Your Decision).
Resistance Level 1 - (7.45 - 7.75) 30 cent interval
Blue Horizontal Line - (4.25 - 4. 55) 30 cent interval
Support Level 1 - (5.30 - 5.55) 25 cent interval
Support Level 2 - (3.40 - 3.70) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***
-LionGate
Reversal Impending - 4hr Interval -VUZIHello Everyone,
The stock (VUZI) appears to have endured a significant amount of sellers over consuming buyers (bearish market). In this regard, an immediate (or within the next formation) reversal may be in order to either consolidate at current PA (Price Action) level or breakout to lower lows (or higher highs). Further is always necessary prior to trading transfers
Resistance Level 3 - (7.15 - 7.45) 30 cent interval
Resistance Level 2 - (5.25 - 5.65) 40 cent interval
Resistance Level 1 - (3.70 - 4.10) 30 cent interval
Blue Horizontal Line - (3.15 - 3.35) 20 cent interval
Support Level 1 - (2.45 - 2.75) 30 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Position Formation - 4hr Interval - EURJPYHello Everyone,
Currency Pair (EURJPY) appears to be forming various potential setups within the upcoming weeks.
Blue Horizontal Line - (125.475 - 125.525) 50 pip interval
Resistance Level 1 - (126.185-126.235) 50 pip interval
Resistance Level 2 - (126.750 - 126.800) 50 pip interval
Resistance Level 3 - (127.475 - 127.525) 50 pip interval
PA (Price Action) - (124.700 - 124.850) 150 pip interval
Furthermore, the resistance levels represent possible formations if the (blue horizontal line) is coupled (broken). Which can provide further bullish momentum to hit Levels (1-3). As for the current price action, let the market run its intended course and then wait for confirmation at (blue horizontal line).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Reversal Imminent - 45min Interval - EURUSDHello Everyone,
The currency pair (EURUSD) has been on a (bearish) trend since (March 20th -21st). Considering the present PA at Support Level 1, there is a plausible opportunity to believe that the pair will be in an uptrend (or consolidation) within the next few days. Wait for further price confirmation. The PA has broken numerous consolidation levels to further progress downwards (March 25th -26th, March 28th - April 1st).
Resistance Level 1 - (1.13915 - 1.13945) 30 pip interval
Support Level 1 - (1.11890 - 1.11920) 30 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
Long Position - 4 hr Interval - CBKHello Everyone,
The stock (CBK) appears to be attracting a bullish formation for the next couple of weeks. Since the stock has been oversold for arguably 2 - 3 weeks, there is only "reason" to believe that a reversal is imminent. As what goes down, must essentially come up (basic physics).
For Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)
USDCAD Long Swing BUY LIMITUSDCAD
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Even though USDCAD is in a 4 week range, there is a decent opportunity to profit from USDCAD this week/
Seeing that sell-off late last week, we are now in a good position to buy USDCAD. However, we will wait for price action to gives us good entries.
Last time price was near the demand, we saw bullish pinbars which fueled the bullish move that followed.
BUY LIMIT @ 1.3271
SL 50 pips
TP 400
~8R
Til we meet again beloved!
AUDNZD Short Trade Idea Aussie / Kiwi
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Currently is sitting at Weekly Supply Zone, this pair received a push to the upside due to Rate Decision news by NZD last week.
However, since AUD and NZD react almost always the same to news, we expect heavy bearish pressure tomorrow from AUD interest rate decision.
But we know already from supply and demand analysis, we see that being in weekly supply zone, we expect sellers to be coming into the market.
In addition, this area has seen bearish rejection in past few weeks.
Sell @ Market Execution
SL ~50 pips
TP ~250 pips.
One important thing to note:
After this bearish move, price is almost near where the "Flash crash" had happened at the start of the year and so the bearish correction would now be complete and I suspect there will be bullish momentum from henceforth earlier this year
AUDJPY Short Intraday Trade IdeaAUDJPY
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Currently in a 10 week range since Jan 14, 2019.
Hopefully we can see some movements this week fitting for a King!
I see a fall after testing daily supply and weekly trendline resistance.
We find ourselves in similar waters as weeks ago when price was this high, it then gave a massive drop. We suspect big banks are adding more sell orders in order to make this drop a reality.
Currently experiencing weakness in global economies and we shall see what happens to AUD after its Interest Rate Decision.
Sell @ Market execution. Classic ~4R.
Til we see each other again beloved!
Long Position - Daily Interval- ASNAHello Everyone,
The Stock (ASNA) has been experiencing a downward momentum for quite some duration (November 2018 - March 2019). Considering the current fluctuation in PA, there is a viable opportunity to enter a long (bull) position for the next 2 - 3 months.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
CXY - Canadian Dollar Currency Index (Neutral)CXY - Canadian Dollar Currency Index
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Currently in a 4 week range, saw a good surge of buyers on Friday.
It is currently attempting to test 2017 descending channel.
The reaction to this trendline will be instrumental in what happens next for the CXY
Let us wait and see.
Should we see a breakout, expect a retest of the trendline then more upside move
NZDUSD Neutral Move (RANGING)NZDUSD
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Price has been in a 3 month range and there should be hopefully a decision by buyers or sellers as to what will happen.
Last week sell-off showed strong bearish pressure within this range and a further decline should really see how NZD economy progresses overall as global economies are weakening currently.
Now a common fallacy, retail traders have is that when price retests a level with many touches, the level is weakening, this is untrue. What really is happening is, sellers are getting more sell orders in as the first time the sell-off happened, not enough orders were completed or wanting to get in more orders before moving lower.
From the 4hr channel, we see price respecting both outer boundaries and stays within the Weekly range.
One would think that a big move is imminent, keep watch and see.
I would wait at this point to see what happens next.
CADCHF Long Swing Trade IdeaSwing Trade Idea for CADCHF Long.
Chart pattern observed: Inverted Head and Shoulders. Saw it like in a second. Now the Left Shoulder and Head has been formed, now for the Right Shoulder to be formed. This is a slow moving pair but pays out well. This will take a very long time to play out. But patience pays. Price is pushing from demand on the weekly.
From the trendline, we see price has touched 5 times so we should expect a break soon but be prepared if it doesn't.
This is the weekly chart and resistance had seen 5 touches by price.
Normally, when trading any SHS pattern, you wait for the break of the neckline and retest then you enter the trade. But price is at a good spot to open a position and wait for months.
Apply proper risk management if you wish to take the trade. This trade will pay!
If you haven't tried a swing trade before, try it and test your patience. You are looking at a risk:reward of 1:8.
And once TP is hit, price should fall very quickly because this would be a big weekly supply zone. And how we know it is strong is because of how many times it has fallen from that level above!!
Crude WTI Oil Short 1 Hour Trade IdeaCrude Oil Short
After seeing the first drop at 60.25, oil has been declining ever since.
And a bearish flag pattern is seen on the 1 hour.
I see this as a CP (Continuation Pattern)
To tie in this thought, I also see compression into demand where buyers keep buying until it reaches an area where supply exceeds demand and it quickly falls,
Within that blue zone, price will form supply once more and freefall.
This is a high probability, low risk trade forming.
Easy 6R trade!
Until next time beloved!
Break OUT OpportunityHello Everyone,
Within previous months we have begun to witness the formation of upward moment. If the continued trend were to continue bullish then (112.50-112.100) would be a solid entry point. However, a reversal would indicate a viable entry at the (109.750-109.800).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Cautious and Stick To Your Trading Regimine).
- LionGate
EURCAD Long Daily Trade Idea Buy LimitEURCAD Buy Trade Idea Daily
The sell-off the past 2 days has now fueled price to return to February 22 trendline support.
The 1.506 - 1.509 level proved to be a strong area of demand seen from price recent visit there.
I expect bullish momentum to continue for this pair having respected the trendline 3 times before.
From that demand, we should expect price to break through demand having since weakness in the pushes away from the zone recently.
Risk:Reward Ratio of 6.4.
Please apply proper risk management if you seek to take the trade. This should be a nice swing based on all that we see happening.
BUY LIMIT set @ 1.509
Stop loss: 30 pips
Take profit: 200 pips
Until we meet again!