If we check the volume we see the seeling power is decreasing. The EMA could soon curle and the risk/reward looks pretty good. Good time to step in long.
An increasing level of concern is rising within the Bond, Equity and Real Estate Complexes or Markets. I prefer Complex as each "Market" has a number of entities using their control mechanisms. The Equity Complex has a number of headwinds approaching for Technology (NQ). Yields, specifically the 10Yr Treasury Note has been a reliable Instrument for an Inverse...
The choice is yours - you can see it any way you like. The technical features here are: 1. Reducing peaks of squeeze momentum. 2. Recent RSI is below 50. 3. Rejection of 4H ATR line. 4. Large area of consolidation. Caution: none of the above means that price has to crash. Just to be clear - price could well go to the moon. The technical situation in my...
Apple is the most valuable publicly traded company ($2.37T) behind Saudi Aramco. This title has been rightfully earned as the company continues to deliver in customer loyalty, growing services business, and continued product development pipeline. This stock has continuously made all-time highs since its inception and is currently within 1% of its all-time high of...
Here's that same trade management plan at work before the 2020 halving.
AUDUSD pares weekly gains while easing to 0.7543 amid early Wednesday. The pair earlier benefited from the Fed’s rejection to rate hike and tapering before the US dollar picked up safe-haven bids. Additionally, weighing on the quote could be risk-negative headlines from China and cautious sentiment ahead of US PMIs. Hence, failures to cross the key moving average,...
Hi, welcome to this quick update hope it can improve your perspective on the market. We are witnessing some huge volatility at the moment, but these volatile times are the best to fill your bags with some good and promising coins. 1.You can start Buying $LINK at this current low and aim for $26 as your first Target and $33-$34 as your second Target...
Ever see price nearing a zone of interest and wonder when is the right time to get into a position? Try scaling in! Taking a few smaller positions as price moves into your area can allow you to get into a trade while managing risk along the way. This can help you to not miss moves by waiting too long AND to not overleverage by taking a large position too...
The problem with the worlds economies reopening now is the stock markets already priced in the reopening over the past year with lower inflation numbers and massive QE. How do the markets avoid hitting this inflation wall? Fed says it's "transitory", is there enough QE left to jump this wall? How does one chart "transition" with indicators? Ever chart I pull...
Everything I have to say is on the chart. Basically, we could get a bounce at 41.8. It might fake out to 37.50 and then bounce. Set your stop accordingly and ready to play to the downside. Lot's of potential either way here. Most important thing is manage your risk. Meme stocks are ruthless.
Price is retracing from the supply and the trendline is yet to be touched for some time. High chances it will melt to our desired TP but still, it could be a bullish correction in action which may take us out, hence proper risk management has to be done. Probabilities and possibilities, let's keep it coming.
If the price rejects Stop Loss, the analysis is a little different...!
We are on a simetric triangle that could be bullish or bearish, I'm bullish since we have higher lows. - We don't have much volume since the CME Globex Trading Schedule is on Holidays for Memorial Day (28 May - 1 June 2021) - The action price looks clever, the miners keeps holding. - Project Jasper is developing a new way of payments allowing works with...
buy abv:644 trgt-647-650-653 stop loss 640 Disclaimer: The above is shared just for educational purpose and is my personal view. By no means shall I be accountable for any debits/losses amounting out of it. I am not a SEBI registered Analyst, so please consult your Investment Advisor and take rational decisions
Interconnected economies, US off risk -> ASX 200 off risk. Don't believe me? SP500 crash model aligns nicely to ASX off risk! So be patient...
With summer quickly approaching the initiative in the oil market has changed with more aggressive bids similar to what was seen in December of last year. With inflationary conditions in the market becoming evident and supply chain issues causing major ruptures across many markets I still have very a bullish outlook on Oil. That being said, I also expect for a...