I do not track & trade this currency pair. This was a mark up I had did with my Wife. She's in the process of learning how and what to spot so this was a chart I assisted her in a few days ago. I meant to publish this after it was marked up, but life got in the way. I will say that she's already pretty damn amazing at spotting key levels out on a naked chart....
As you all can see what I'm anticipating with RKT. A barrier formed at the high end of the curve which is pretty significant, and even if it's not "respected" it can serve as a great area to re-enter the markets. The highlighted area signifies potential profit margin if Price Action starts to head to the downside. However, even if that were to take place there's...
Let's see how Price Action play to these levels all the way up 'til 5PM EST.
I should have published about this asset a day or so ago. I've actually been tracking it since it's inception, but I will say that there might be an opportunity presenting itself soon to invest at (or near) the opening price. I'll be paying attention to Price Action to leave the necessary clues needed for me to react. Yesterday's P.A. had breached a level...
These are my areas of interest with Chainlink. Bias: Long term - Bullish Short term - Bearish This Crypto has been moving in a parabolic form, so I can only assume that there's a correction in the horizon for this asset. This particular crypto has caught my attention due to it's beautiful moves but what goes up must come down. I'll patiently wait for the drop,...
It's pretty evident what I'm looking forward to seeing happen in the market this upcoming week. I would like to see how this plays out, but if you're looking for a more in-depth analysis for the British Pound/US Dollar just head over to one of my most recent published ideas. Happy Trading!
Be sure to go check out my last published idea on the Dollar! Okay, so Price Action broke through a huge zone but I'm not quite sure when that took place (go back and look for yaself). However, normally when price break through significant areas it has a tendency to revisit the area which was broken. I believe what we're currently witnessing with the Dollar is...
It's been awhile! Bias: Long-term - Bullish Short-term - Bearish Last week price broke through an important area ($1.2750 - $1.2813) that had started back on June 10, 2020. I'm anticipating bears to enter the market due to this along with last week's Daily candle closed as a 'Shooting Star" and other factors as well. Be sure to check the divergence from the...
I don't have much to say on the matter. I will say that I'm in the bull's favor, but since price FINALLY broke out of an area that had Price Action ranging underneath FOR AGES, you'd have to expect a nice pullback.. that's where I'm at with it at this current time. Follow the order flow..
As of now I'm still bearish on the US Dollar, but not for long due to where it's heading. Sometime in the next couple of weeks I'm projecting a shift in P.A. in bull's favor. However, to see the "bigger picture" I analyzed the DXY Daily back in May which can be found among my other published ideas so go check it out. I'm anticipating a retrace in price up to the...
Hello Traders! The EUR/JPY Currency Pair Closed at Historical Strong Support Level (since approx. 2013). The Weekly Chart shows a Down trend Channel ( Pink Color ). I predict that the price won't hit the supply trend line (Historical Strong Support level ) The Daily Chart shows a Down trend Channel ( Green Color ) inside the Parent Down Trend...
I'm looking to see how Price Action react to these levels. We shall see..
$HAS is half way thru an evening star pattern on the daily, and by the looks of the volume… seems it wants to keep falling, completing the pattern… Zooming in the 30M chart, $HAS closed on a red candlestick with plenty of volume to end the day, while also closing below the 8MA(green line) & 21MA(yellow line) AND near/testing on intraday support (refer to the 5M...
Prior to the Coronavirus pandemic, many people were bullish on MAXR and it recently had some negative correlation hits. That being said, now lots of the resistance seems to be gone and investors are wanting to bid positively on the price of MAXR. Please don't take what I say seriously, and as always all I say is on opinion basis and not meant to be taken as...
These would be my areas of interest for EUR/USD. Bias: Neutral I normally don't trade this pair, but I'll be looking to see how this plays out. Feel free to share your ideas on what's to come for the Euro/Dollar.
Today we're analyzing the US30! Bias: Neutral I would like to start off by saying that I'm in the middle due to me leaning more bearish than bullish. Why? Price Action is rallying back towards the high end of the curve where an untouched HTFZ ($27325-$29594) is waiting, but on the other hand I'm bullish with P.A's current movement for obvious reasons. I would...
This is an energy company based out of Michigan. I'm just keeping an eye on it...