SPY along with the Dow Jones are in a very similar broadening trading wedge. They both have also recently broken out of a bull flag, also they have both entered above the 20 level in Stochastic RSI, (the Dow first). The Dow Jones also printed a bullish engulfing monthly candle back in Oct of last year just before breaking out of it's respective bull flag. ...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on MONTHLY: Left Chart DIS is sitting around a strong support in green 85.0 - 95.0. For the bulls to take over long-term, we need a break above the blue resistance 120.0 Meanwhile, since we are around a support zone , we will be looking for buy setups on lower timeframes. 🏹...
No matter how you put it - it fits perfectly - and this is a Daily fractal coming from NASDAQ (from mid 2018, so not the 2017-2018 actual crash).
Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 33418.59, where the 50% Fibonacci line is. Stop loss will be at 32573.43, where the recent low is. Take profit will be at 34712.28, where the previous swing high is. Please be...
Lattice Semiconductor Corporation (LSCC) stock has displayed relative strength in the past couple of weeks. From its lows back in early October 2022, the stock has moved up by more than 40% within a span of a few weeks. The semiconductor stock not only moved up on strong price action and volume but it has also managed to keep most of its gains with a shallow...
Hello Traders. In this example we try to explain how easy and precise it is to capture 1:20 RR trades. Please pay carful attention to the annotations made on the chart. Happy Trading!!! Team Lamda
JGB's have collapsed from the highs. Falling over 22% tonight. If this weakness in the Japan yield market continues we should see the DXY eat that up. this is a weekly chart of the JP10Y. It demonstrates a multi year trendline of resistance for Japanese debt. This chart data only goes back to 2006 however we still have to respect a major trend until proven...
EUR/USD 🔽 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔽 XAU 🔽 WTI 🔼 December’s readings for Canadian and German inflation have slowed, with Germany’s year-on-year inflation decreasing from 10.0% to 8.6%, and Canada’s month-on-month inflation turning negative from 0.1% to -0.3%. Later today, Mitrade expects the UK year-on-year inflation rate to come down from 10.7% to...
Looking at the Daily chart, my overall bias for PDD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 74.79, where the 38.2% Fibonacci line is. Stop loss will be at 38.80, where the recent swing low is. Take profit will be at 111.34, where the 50% Fibonacci line is. Any opinions,...
Do we get cash or we get a crash? Currently COIN is trading above EMA50 as well as above the low that was set 12-May-2022. The whole drop between early December and early January is a liquidity hunt event. The August 2022 downtrend has been broken. New low hit ✔ Liquidity hunt ✔ Broken downtrend ✔ We are more likely to see cash and no crash. Namaste.
PARA (Paramount) Take the weekly chart, connect the lows since 2009 and you get a nice trend line . Price seems to react to this area so the risk reward is quiet good here for a long swing trade . The trend line is your support. 16 is your stop. I'm targeting 19.40 and 20.71, then we reevaluate. For those who want to invest for the long term, PARA offers a...
Today Tesla (TSLA) hits its higher level in 2023 and the recovery that we've been tracking is about to gain speed. Normally, after such a strong bearish wave many people become cautious and doubt can creep in at any moment, at any time when things are not fully clear. But we can remain certain knowing that the market moves in cycles... up and down... up and...
technology has led the market down. semiconductors have led technology. this stock has exhibited particular rate of change and other bullish volume based oscillations. bil williams ma, vwma, ema, trama as well as displaced ma are also bullish along trend lines. this leads me to a swing vased strat for continuation following the concordant supports, resistances and...
FTSE100 (UK100, UK stocks index) been laggard for many years in comparison with many of it's peers. Now it seems the UKX will finally make new all-time high🍾 and will go even higher. I think we are in continuation move up after breaking out of the consolidation in form of triangle. Target @ 9090 being measured move - height of the triangle projected from...
Tesla has had a good move off the lows. The individual price action does favor a continuation to the upside however markets are susceptible to weakness as they're into resistance. If markets break lower, most likely Tesla follows. if TSLA fills the technical gap around $113 it may prove to be a good accumulation zone.
Apple has retraced to a major breakdown Trendline. Recapturing this trendline on a daily & weekly basis will likely imply bullish price action. Clear resistance for markets and the largest stock.
Overview The main view of this trade idea is on the Daily Chart. The S&P 500 Index (SPX) is in the midst of a Reverse Head & Shoulders setup. Once completed, the Index is expected to rally towards 4700. The Left Shoulder is observed around the June 2022 low of 3640. The Head is seen around the Bear Market low on October 14th 2022. That low was 3489. The...
Zoom - 30d expiry - We look to Sell at 77.77 (stop at 82.43) We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. The primary trend remains bearish. The stock is currently underperforming in its sector. 20 1 week EMA is at 78. We look for a temporary move higher. Preferred trade is to sell into...