QQQ daily bullish hammer at resistance don't like retest gap day before to be closed and this gotta be quick since countertrend. Stop loss below local low, take profit at new resistance. Also, selling put QQQ Jan17'25 260 Put Sell 1 Limit 33.00 GTC $33
Order SELL LLY NYSE Stop 325.50 LMT 325.50 will be automatically canceled at 20230101 00:00:00 EST LLY daily indecision candle overpriced at all time high retest gap with exhaustion volume.
Hi Traders, Happy Monday. Today we are looking at GOLD (XAU/USD) We are on the 4-hour time frame. I am noticing that the price is bouncing nicely between two zones of support and resistance. We are also seeing giant wicks on either side indicating that there is indecision in the market. The bulls are trying to come back in but the bears won't let them. This...
The price had a breakout from the rising wedge as I told in the previous analysis () and after a bounce on the 37300 the price is testing the previous support as new resistance. On the daily timeframe the price goi a rejection from our Daily resistance and supply zone, exactly on 39560. How to approach? We could have a bullish scenario if the price is going to...
Good breakout in hdfcbank & then retest & again moving up. Could be bought with stop of 1535 & target of 1604
Breakout from the downsloping TL on Thursday 10/05 is Bullish. We see the violent churning consolidation of the correction which struggled to find support trading below the 200 DMA in first week of Oct. Price broke above 200 DMA on the 5th, moved above the DTL and also broke out above former resistance at the $3465-75 zone. After a breakout, we almost always see...
bullish breakout and retest. semis have also been breaking out and holding the retest $SMH $SOXL
OP Currently retesting the trendline after breakout out - Also testing Top BBand. If this Holds, 5EMA should catch up by tomorrow, signalling that this short term Uptrend is still going strong. Friday Gap almost closed, but a complete closing of the gap would be preffered. Bearish if the retest of the breakout trendline fails.
Looking strong across multiple timeframes. Need to break above the overhead resistance to get excited. Would then need to see $100 range hold as support. That being said any market could fall drastically in the current world climate. Its a risky game betting your way to wealth. Everyone is quick to say if btc falls alts will too. .... Crypto is going...
Hoping the capture the downtrend in this retest gap pattern.
Love seeing the shooting star in this bullish retest gap pattern.
BTCUSD 30M. Zooming in to see the price action detail. Creating a double cup pattern? The first one failed and as I write this BTC is still trying to go long. I don't think it will. But, I need confirmation. That for me is achieved if Trendline 'A' & 'B' are challenged and break. We have seen a wick down to 10808 and that I believe is a foot in the door for more...
IOSTBTC nice breakout on 4h, now we are waiting for a retest According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
At 1D we see a an upward edge that broke the trend line and the support line with a gap. Currently it looks like if it was retesting back to the gap and the resistance line (that used to be support). If it does retest, it would be a nice entry to the short side at the 1H after confirmation. PS. I already entered the trade a little bit before that and it looks...
Whazuup my people, hope you are having a terrific trading day and had a phenomenal weekend as well. I think we are primed to have a nice 1000 USD correction within a very short time. 8.5 target lies on FIB 0.5 which is universally beloved retracement level for BTC and IMHO we will at least test this area today or latest tomorrow. Trend reversal theory will be...
Another big news story this weekend: GM employees begin strike this evening (Sunday). I think fundamentally this will hurt GM short term, and provide for some good shorting opportunities. I will watch it in the morning, as I expect a gap down. I then may enter on a retest to ride it down further ... Possibly to the next big support area.
This is a lesson in PAYtience!! Looking for a retest gap, opening at $1.35/$1.37 with a small run upwards, then down to retest $1.32/$1.30. This is perfectly in line with trending support action, and if volume reacts, this could pave a new bull motion outside of the $1.18 - $1.35 channel. I hope the double bottom gets confirmed with bull movement. MACD is...