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Trendreversal

$TFII - Strong Bullish Turn - HA Morning All, Strong Trend change on the Heikin Ashi candles for $TFII. 1. The Stock is OVERSOLD (see the RSI on the chart). 2. The Red candles length shortened before changing to green 2 days ago (MOMENTUM CHANGE INDICATION). 3. Yesterday's green candle was a strong/long length. 4. A previous resistance has become a support. 5. The company Financials are positive with good PROFIT and hit all EARNING targets Year on Year. I am not a financial advisor, this information is for educational purposes only. Do your own due diligence before buying stocks. Your Capital is at risk. I bought @ 85.66 I will Sell @ 110 My Stop Loss is @ 79.50 Disclaimer When using the Hiekin Ashi candles to swing trade like I do, hold the stock for 7-14 days or until the bullish green candles stop. DO NOT LOOK AT THE DAILY PERCENTAGE CHANGES AS THIS WILL DISCOURAGE YOU. If the Hiekin Ashi chart still shows green candles for your move, hold onto the stock.
NYSE:TFIILong
by McCubbin
$HD slowly coming back up?$HD slowly coming back up after a long downward momentum similarly with $LOW. i personally don't know why it keeps going to downtrend with not much negative news. i believe the stock got over value and analyst tries to lower the price target to prevent the bubble to burst. with the inflation and shortage going in the nation consumer is creating a panic buying creating a high supply and demand for retailers and might continue to happen for the past few weeks or months until the inflation subsides. here's my personal take playing $HD $HD: Day trade or scalp target play: 04/11/22 Buy call above 312.30 sell at 315.17 or above. Buy puts below 307.92 sell at 34.16 or below. option open interest: ideal expiration date: 4/22/22 , 5/06/22 or 5/20/22 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only
NYSE:HDLong
by CHRIS_B58
Crude Oil setup for next weekAs we can see in the chart Price is creating LHs & LLs and is rejecting from Resistance trend line, last week price touched 95$ which is acting as a recent Demand Zone (Market created DB there and went up till 116$) If we see a high volume breakout of the supply zone (R) of 98-99$, which will also be a breakout of R Trend line, we can go long till 105$ (TP1) and 112-114$ (TP2) {Price also creating Falling Wedge pattern on Day TF} If price consolidate between supply & demand zone and gives us a bearish breakout, we can go short till 90$ (Round figure & next demand zone) if you are an intraday trader, you can do range trading b/w Demand & Supply zone as price might consolidate first before giving us a breakout This is purely technical analysis, will update the idea after reading some fundamentals
FX:USOIL
by ankitj97
2
How To : Momentum Shifts ( Key Set Ups) Hi Traders! Lets review 3 Trade SetUp For Key Momentum Shifts: For the past 28 years, I have been using three simple trades setups, that I'll explain in the video, to be selective in my trades and to identify key momentum shifts in the market. I hope these setups will be useful to you as well. High Frequency Traders and Professional Traders will often run retail trader stops by blowing through key support and resistance levels like round numbers only to reverse shortly afterwards. We must protect ourselves from these tactics and be careful not to chase a move or get stopped out. Recognizing and patiently waiting for one of these trade set up will help especially if you combined or recognize them with a chart formations like a double tops or head and shoulder pattern. Trade Setup 1: Cross above a key resistance, recross below = shift of momentum. The same setup can be used with a cross below a key support level. Trade Setup 2: Cross above a key resistance, recross below and a retest of the resistance with a Lower Higher = shift of momentum. This is my preferred setup. Trade Setup 3: 2 touches to a key resistance or 2 touches to a key support and entering on the 3rd touch for a 66% probability of successful trade. I hope these setup are helpful, whether you trade or invest, using key momentum shifts with support and resistance lines. Hope it helps Take care Marc
COINBASE:AVAXUSDEducation
by PowerIndicators
6
FLUX Power (1D) Could it be SO bullish ? Hello Traders, This analysis is based purely on Elliot Wave trading analysis. As you can see My Wave count expect trend reversal. Wave A was amazing1:1, Wave C alredy formed 5 subwaves (whch are most likely finished).: - RSI 1D is positively Ceonverging, - MACD 1D is positively oConverging, - Today 10.2.2022 at 4:30 Eastern Time will be reported Earnings for 4Q/21. Its very nice price entry from All time low only 13% up. = Aiming for 6 to 7.5 USD sell zone it brings me very interesting Risk Reward Ratio. trade safe, do your own research and EW count + always use stop-loss ;)
NASDAQ:FLUXLong
by Longevity_Contrarian
Understanding trend reversalsHow would it feel driving a car with a dashboard providing an indication of the speed and other car panel indicators? Investing without technical indicator is flying blind not knowing when you might hit a speed bump. Last 4 months have caught lots of people by surprise in the crypto markets. While pundits and so called gurus, were calling for 200K BTC prices and 20KETH prices with a parabolic move incoming similar to the 2017 bull market cycle, what turned out was a completely different story. The cryptocurrency markets have taken a complete reversal led by stories of potential Fed rates rising and tightening of monetary policy impacting the markets on one side and the Russia-Ukraine special military operation/war impacting on the other. “TECHNICAL CHARTS CAN PROVIDE A GOOD SENSE OF WHERE THE MARKET IS HEADING. I decided to write this and other related article within the context of the last four months. Lots of people were caught off guard with people seeing all their profits evaporate when the markets reversed quickly lots of people didn’t have a plan of taking profits/selling people didn’t realise that the market had turned with the market direction being negative Most people who were caught off guard had no clear sense of where they were driving and the fact that the direction had changed. Without an array of tools and indicators, you are flying blind. I had three suggestions for all my readers: a. Make charts your friend, b. always do your homework and c. learn from your mistakes. BTCUSD chart pattern gives a clear indication of trend reversal. The trend that had started around the 22nd of June 2021 at around 30K mark for BTCUSD price, had flipped negative around end November 2021. The market changed direction at the top. Technical Analysis gives you get a good sense of what the markets are doing while you can use the fundamentals for the long term picture. If you have any ideas/thoughts, please reach out to use at invest@thetwigg.com
COINBASE:BTCUSD
by thetwigg
BTC-DOUBLE TOP TARGET @ 41'108 FILLED !The technical target (41'108) of the double top formation mentioned yesterday in my previous analysis has been filled (intraday low @ 41'077). Yesterday's price action, third black candle in a row is confirming the expected trend reversal. The BTC is currently , roughly in the middle of the DAILY CLOUDS SUPPORT AREA, close to the MID BOLLINGER BAND @ 40'729 ahead of the CLUSTER of KS and TS, respectively @ 40'087 and 39'828; the latter level also coincides with the 50% Fibonacci retracement of the 34'324-45'332 recent rally. VERY IMPORTANT TO NOTE THAT THE BOTTOM OF THE DAILY CLOUDS CURRENTLY @ 39'565 IS SLIGHTLY BELOW THE TENKAN-SEN AND SHOULD BE SEEN AS THE MOST SIGNIFICANT SUPPORT LEVEL IN THIS DAILY TIME FRAME. Indeed, A FAILURE TO HOLD 39'565 on a DAILY CLOSING BASIS , would weigh further on the BTC and would open the door for much lower levels towards the former congestion support area around the 37'000 level. RSI is still above 50, @ 51.22... but converging to the downside. LAGGING LINE is below the clouds and close to the Tenkan-Sen. A sustainable recovery above 42'524 (top of the daily clouds) would neutralise temporary the ongoing downside risk. 4 HOURS (H4) Below : 1) The Mid Bollinger Band 2) The Tenkan-Sen Currently attempting to breakout the Kijun-Sen support. A breakout of the Kijun-Sen (@ 41'400) , on a H4 closing basis, would add further selling pressure and would put the focus on the H4 CLOUDS SUPPORT AREA, CURRENTLY BETWEEN 38'000 AND 37'340 RSI below 50 @ 42.36, converging to the downside LAGGING LINE still above the clouds, Tenkan-Sen and Kijun-Sen. 1 HOUR (H1) Below : 1) the clouds 2) the Kijun-Senb 3) the Mid Bollinger Band 4) The Tenkan-Sen In this time frame, next support to look at is @ 40'192 (61.8% Fib ret of the last move from 37'015 toward 45'332 ahead of 38'794 which is the 78.6% Fib extension retracement. RSI below 50, @ 27'98, converging to the downside, no bullish divergence yet. LAGGING LINE is currently attempting to breakout the H4 clouds bottom level @ 41'225. CONCLUSION : As usual watch an monitor very closely intraday shorter time frames price action which will firstly validate or invalidate the implications previously mentioned in longer time frames and secondly those shorter time frames will give you clues regarding potential BULLISH DIVERGENCES which if seen should be used as a TACTICAL TRADING OPPORTUNITIES and therefore MANAGED WITH A DISCIPLINED RISK MANAGEMENT APPROACH (Risk Reward Ratio depending on your time frame !) If you like my analysis and you find it is valuable for you, please do not forget to like it and for those who do not follow me yet, please, also add Ironman8848 on your following list. Last but not least, for those who do not have access to Trading View yet, (one of the best trading application available at the moment, you can sign up in clicking on the following link : www.tradingview.com Have a nice day All the best and take care Ironman8848 & Jean-Pierre Burki
BITSTAMP:BTCUSD
by Ironman8848
1
Reversal Signs in Palm Oil Market?Market closed slightly higher at 5573 last Friday after tighter range move. Some key factors continue to weigh on palm oil prices: 1. Indonesia had expanded its export permit requirement for palm oil products where exporters must sell 20% of their exports at home and with price cap to other derivatives. This further raising fears of global supply disruptions. The regulation valid from Feb 15. 2. Latest Malaysia Palm Oil Board data showed lower inventories and production due to labor shortage and flooding; lower exports due to rising palm oil prices However, analysts’ expectations that current high price not sustainable 3. some participants expecting production to pick up in March as Malaysia Government targeting full scale reopening of international border 4. . Soybean oil continued uptrend, as LaNina brought in hot weather across key South America growing areas and strong demand on US soybean 5. Strong crude oil prices amid ongoing worries about supply disruptions from the Russia and Ukraine crisis Technical View: 1. Market uptrend paused with hanging man formed at resistance level of 5750, indicates reversal signal 2. Stochastic reached overbought level and K% line is crossing down which signalled reversal signal We expect market may have short term retracement if market unable to stay above 5500. Suggestion Trade: Short if stay below 5365 Target Stop Loss (resistance level) 5478 Target Profit (support level) TP1 5252 TP2 5026 Long if stay above 5685 Target Stop Loss (support level) 5572 Target Profit (resistance level) TP1 5798 TP2 6024
MYX:FCPO1!
by happytrading96