USDJPY: Day 3 breakout traders triggered in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Market currently rising up on the backside move, potentially going to complete the big template of dump and pump started the last Wednesday.
Day 3 breakout long traders triggered in the market, closing yesterday out of balance.
DAILY TEMPLATE (15min chart):
After Asian pushed higher, breaking out the current HOW, the market dumped down and currently in consolidation around closing price/previous HOD.
CPI on calendar for 8:30am NTY, things can drastically change with this high impact news release.
THESIS :
This market placing higher highs it may be preparing for a major move, stopping short traders from previous HOW.
SETUP :
Long (primary): market already broke higher and dumped into previous level of interest, if it keep consolidating till news release, I will be happy to long (first bar after the news or first bounce if identified)
Short: no LOD triggered, if market pumped up into HOW, it could give a scalp short, not really in my interest of the day.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Pumpanddump
S&P500: First Red Day, FRIDAY DAY 3Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Tuesday, Wednesday and Thursday the market bring traders up high, triggering long breakout for three days is a row, breaking higher and failing the weekly level on Thursday, day which closed as well as a first red day.
DAILY TEMPLATE (15min chart):
The market today slightly trigger other time frames in the market, consolidating both the session of Asia and London above CP and previous LOD.
THESIS :
Wait for equity NYO at 9:30, possibility to the big pump and dump to be completed by the next few days if the backside move will start.
Trader in profit also above HOW, I will not exclude scalp long if a setup is presented
SETUP :
Short: LL LOD, pump and dump into yesterday LOD
Long: dump into CP/LOD for a pump back to previous HOD
HERE BELOW, SIMILAR TEMPLATE FOR THE DAY"
NAS100
US2000
US30
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
EURUSD: Dropping in the backside move, First Red DayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Monday to Wednesday the market has been pumping on the frontside, triggering breakout long traders for three days in a row.
Thursday, the market pushed higher and failed the weekly breakout, closing as well as a first red day.
DAILY TEMPLATE (15min chart):
The market today triggered other time frames short in the market, currently out of balance.
THESIS :
This is a typical scenario of weekly template pump and dump, however no major red news on the calendar, so I won't expected such a big short move today.
Long traders are in huge profit, majority of the stops are below the LOW.
SETUP :
Short: Pump into previous LOD/CP and dump with size
Long: not interested
SIMILAR TEMPLATE FOR THE DAY:
GBPUSD
GOLD
However, both of them are still inside the previous high low range, at the moment the best template is EURUSD
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Chronicle of a Foretold Pump/DumpPump/Dump schema:
Discrete Share accumulation.
Broadcasted Triggering Event (news, rumors, forums, etc).
Gather the mass of "Bagholders".
Dump all the load.
Pocket the quick profit.
I am not a fan of " meme stocks " because they're very much like penny stocks, prone to pump/dump schemes. How legal or illegal is this practice?, it is not us to decide, there are authorities who are supposed to regulate these behaviors.
Regardless of the morality of a it we can analyze the radiography of the move. Using the volume bars feature, you can see "big fat" candles on the accumulation phase, the "rumor" phase where the "roaring kitty" name was heard in the news, the spike and immediately took the stock to a quick profit of +120% overnight, and the fade phase, where the only thing that remained at the end was the frozen smile of the hopeful bagholders with a fading volume.
#LearnToEarn.
Be careful where you put your money, trading and investing requires knowledge of the company, its balance sheet, fundamentals and/or technical metrics. Don't follow the crowd, else you'll end up in the slaughter house. There's no free lunch in Wall St.
Let's remember this quote: "The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor." Jesse Livermore.
US30: Day 3, coiling underneath yesterday HODHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Monday day 1 broke higher the previous HOW, failing the breakout, dumping down and closing as a first red red day.
Tuesday day 2, the market consolidated almost all the day at the current LOW placed by the Monday high low, performing a nice pump at the end of the day.
Today Wednesday day 3, the market is in consolidation above the yesterday closing price and previous HOD, a particular situation that often lead to an explosive move. However, indexes open at 9:30 NYT and CPI red news on calendar at 8:30am.
DAILY TEMPLATE (15min chart):
Both Asia and London session consolidated between the CP and HOD, nothing really happened yet.
THESIS :
As always, I do not predict any market direction, because predicting/guessing is just a 50:50 method. However, for a long thesis I would target the previous HOW considering the 3 days dump and pump scenario, but I wouldn't exclude a bigger short scenario back at least to the LOW or breakout traders of Thursday.
SETUP :
Long: consolidation at CP till news release or NYO 9:30am
Short: lower low in place, pump into CP for a dump, eventually also pump into previous HOD for a short setup.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GBPUSD: Coiling for a potential major moveHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Since the beginning of the previous, the market dumped down for three days, failing a low of week level on Thursday, confirming the failed breakout during the day itself, triggering long traders breakout and closing the day out of balance.
Friday the market mostly consolidated, not big move happened and today, Monday and opening range of the week, I can see an interesting coiling above the Friday closing price.
We are on the backside of the movement, a long view could be a really lucrative opportunity.
DAILY TEMPLATE (15min chart):
In the day itself, the market did not move much, but it triggered the previous HOD, other time frames are in the market.
THESIS :
Accordingly with my backtest and experience, this market can setup for a long trade back to the previous HOW (money are there and short traders are still in profit).
However, in the scenario of a short setup, it could be a little scalp.
Major red news on calendar tomorrow, no big move expected today!
SETUP :
Dump and pump at least above previous HOD or CP (closing price)
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
DIPS ARE FOR BUYING ! Don't get SCAREDBitcoin (BTC) has been trading within a horizontal accumulation pattern on the 4-hour timeframe. This pattern is characterized by a period of price consolidation within a defined range, with multiple attempts to break out to the upside or downside but ultimately failing and returning within the range. This price action often indicates that there is significant liquidity built up on both sides of the range, waiting for a catalyst to break the pattern.
Significant Liquidity Above and Below the Range:
BTC has formed significant liquidity levels above and below the horizontal accumulation range. These liquidity levels represent areas where a large number of buy or sell orders are clustered. The supply of these orders at specific price points can act as support or resistance, influencing price movements.
Large Imbalance Below the Range:
On the 4-hour timeframe, BTC also exhibits a significant imbalance between $51,000 and $59,000. This imbalance suggests that there is a larger amount of sell orders than buy orders within this range. Imbalances can sometimes act as magnets, pulling the price towards them to fill the excess orders.
Potential Breakout Scenario:
Based on the horizontal accumulation pattern, liquidity levels, and imbalance, I anticipate a potential bullish breakout for BTC. Two possible scenarios could play out:
1. Retest of 0.5 Fibonacci Retracement:
The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $55,000. This retest could serve to shake out weak hands and further accumulate liquidity before a breakout.
2. Sweep of $59,000 Level and Breakout:
In a more bullish scenario, the price could sweep through the $59,000 liquidity level, indicating strong buying pressure and potentially leading to a breakout towards $77,000, the next major resistance level.
Overall Outlook:
BTC's price action suggests a potential breakout from the horizontal accumulation pattern. The presence of significant liquidity levels and an imbalance below the range further supports this possibility. While a retest of the 0.5 Fibonacci retracement level is possible, an ideal scenario would be a sweep of the $59,000 level and a continuation of the uptrend towards $77,000.
Silver is looking like danger!!I assume we will see an overthrow of the highs in a scam wick to close the shorts and then the fall will start.
Everyone thinks we are in risk on??? Have you seen the volume profiles in the legs down?
I have remover 80% of my money from the exchanges.
I sold my paper silver.
Any ideas on rotations???
NOT FINANCIAL ADVICE!!!!!
BTC starting the wave C down. TRAPThey are feathering the wave B on you now IMO. Make sure you have your stops close. Better to take small wins and no losses.
I was all in last night and pulled out before Easter service today for more than +1% of my entire accounts. Happy Easter folks!!
I believe we should take the low and bounce at 46 - 58k before we take the highs.
Diamond patterns on average move 19%.
I believe they are exhausting the buyers at the moment and planning an huge dump. Possibly the restart type. Governments don't want crypto, you do and 80+% must take the L in this game. PLAY SAFE!!
NOT FINANCIAL ADVICE!!!!!
VINC a speculative biotech penny stock LONGVINC went from 1.5 to 3.0 in less than three hours with 12X relative volume in the afternoon
after a month of a slow climb from a news release that really did not amount to much. Insiders
are 25% of the shareholders and that may be the story here. This could be manipulation at its
finest. I have to wonder how many insiders bought how many shares and when the rug pull.
This is a high tight bull flag pattern which typically results in another leg higher of the same
magnitude. I suppose that is in clean trading without any manipulation.
If this takes off again it might be worth trying with a small position so long as the trader
can hit a button to close the full position when the sudden reversal occurs. I will trade
this long with a group of moving averages to make alerts for crossing lines and slopes
levelling out and see if it can go anywhere.
Who still has money in this game?CASHED OUT!!!
I will probably return to the oilfield before returning my money to this.
Will the DXY pump?
Do you have land and water in a place where few live?
Benner cycle much? I believe he was off only due to our gov stimm and cooked books.
Be safe my friends.
NOT FINANCIAL ADVICE!!!
INBS pumped on earnings crush= Watching for LONG maybeINBS crush earnings and went parabolic on an earnings beat. Basically, revenues fell but with
belt-tightening and good CEO actions it bled less cash than expected. The tourniquet is
working. The post-earnings pump was followed by a flush to the mid-Fib 0.5 support. Trader's
got their reward and called it a weekend before lunch. The chop index fell into the
consolidation zone and the MACD turned bearish. See the 5 minute chart image inserted to
the left. The RSI lines are about 50 maybe with a crossdown impending. I have this on watch
for a reversal up. Much will depend on general market strength on Monday. Biotechnology
is projected as a hot sector now. This stock was among the hottest of the day. Hoping for
a bullish continuation knowing that a trend down is likewise possible.
POWL an earnings pop will it continue or dropPOWL destroyed analysts' estimates may more than it did the previous quarter.
Of special note, the mass index indicator rose above the threshold but has not yet triggered
a reversal signal. The next trading session may be a drop or a rest until next week.
Call options striking 100 for 15DTE did 300%. I contemplate taking put options striking $110
with the same expiration. Risky for sure but maybe highly rewarding.
BFRG AI penny stock ready to SHORTI have been in BFRG since the November earnings it has done 300% over that time almost all
of it in one week. There are no options on this one. The RSI indicator tells me that it is now
overextended and overbought. This is confirmed by a reversal signal triggering on this
60-minute chart with a mass index indicator below it. The topping candles with long wicks
is another hint of the price action underway. I am closing my long position over 300%
gain and instead look for a short with the profits to retrace from present price to
to the 0.382 Fib retracement at about 5.65. Stop loss above the wicks at 7.7. I expect the trade
to last this week and part of next.