NOT ANALYSIS (pump & dump)🔮 #NOT Analysis Pump & Dump
🌟🚀 There is a complete formation of Falling Wedge Pattern in #NOT. As we can see that there is a breakdown of the pattern in 12hr time frame. We can see a dump first in #NOT and then a reversal from its support zone.🚀🚀
🔖 Current Price: $0.00745
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #NOT. 🚀💸
#NOT #Cryptocurrency #DYOR
Shortandlong
EURJPY IdeaIdea on EJ!
I see that the market did a short impulse and we are now in a retracement. Inside this retracement (long), the market is creating more impulses and retracements.
Right now the market is doing a retracement, and I can expect the market to retrace until the rotation point 1 in confluence with an imbalance, then it can make a new long impulse to fill the imbalance at the top in confluence with the rotation point 2.
Then I'll wait for evidence for further sell entry!
Updates coming soon.
🔴STOPLOSS and TAKEPROFITS are personal. The ones in the graphic are my idea. Feel free to trade it.📊
Give a like and comment with your opinion. 😄
We're here to learn and grow! 📉📊📈🤑🤝🏼🤝🏼🤝🏼
Remember: it's never a failure, ALWAYS A LESSON.
chfjpy trade setupthere is both ascendinf triangle on 4h chart and a bullish butterfly on daily chart. daily closing is important. blue box is the descendind triangle target. I will update the chart (butterfly tp) if it reaches the prz zone.first I open the short position first , the if it reach the blue lines I will look for a long position
AUDJPY SELL and BUYA Supply and Demand Zone I just noticed on the AUDJPY 15min chart. One will certainly trigger. I have more faith in the SZ since price broke so many levels to create a reversal, not to mention breaking my green trend line, which was created on the 1h. If price returns to that zone, I expect it to continue the drop. And maybe there are enough buyers in the DZ to get at least a 1:1 RR on a retracement rally.
possible bullish cypher patternPossible SHORT opportunity until projected cypher pattern completion between 87.200-87.010
C point completed at end of bat pattern on one of my other idea charts
price drops below MA 8 and MA 20 also drops straight through RSI trigger bar S.o.R.
Taking a SHORT in this position poses a high risk; must take a look at all information before SHORT trade execution.
Update upon completion of pattern for LONG TP & SL targets
Please comment if any contradiction seen to help my growth as a trader. Please and Thank You!
S.o.R.= Support or Resistance
More good times ahead for Blackstone?Historically when the stock crosses above this RSI level it moves at least 1% over the next few weeks. The average move is 11.32%. A move of that magnitude is possible to a common resistance level around 34.85.
My conservative move would be to the 31.00 milestone so long as it breaks above its resistance level for this calendar year which is where it currently sits.
The best case scenario is to wait one more day to see if it breaks the 2016 resistance, especially on volume. If this occurs, my conservative goal is certainly in play but the next viable ceiling could be around 34.85. This stock has just received multiple STRONG BUY recommendations which could easily propel it.
USD/JPY Trend Support/Resistance With the Italian Constitutional Referendum, the US rate hike, the Euro is most likely to fall from its support. The USD/JPY being parallel to US Dollar Index, the pair is most likely to rise more, after the market correction in the near future. In the coming week, I think the pair is most likely to fall 110-111 level and after that it would continue its bullish move. So its "short" in near future and "long" in the bigger picture.