Dont let the chop fool yaGU moving Choppy cause its not ready to make the ultimate bear move yet. Looking for a breakout to the upside to set us up for a much better sell opportunity.
Trendreversal
Can GU give us a break in structure this week?As we hope into this new week I'm starting the week looking for a break of highs. Ultimately I'm bearish but need to see this break for them to go full on bearish. For a much better entry on a short. Long as I see the volume continue to support the Narrative I will get in where I can.
How To Trade Trend ReversalsNavigating the intricate world of trend reversal trading can be daunting as trend reversals present a complex set of challenges for aspiring traders. This video attempts to demystify core elements of ICT's strategies, equipping a broader audience with actionable insights
BABA: When to buy? Here is the TrendCloud Trading Analysis of BABA.
If you are looking to be a buyer and accumulate this stock then here is an edge you can use.
All 3 charts are in a downtrend and momentum is also down. This is very powerful and we can not start buying yet.
Take a look at the demand zone coming up on the daily chart.
We can look for trend reversal patterns on the 15 minute chart inside of the Daily demand zone.
Trend Reversal 2024 - The First Week of the Year is Crucial The first week of 2024 the US market opened around the high and closed around the low. It is very similar in 2022 and 2023.
And what is the market telling us from the first week of 2024 and the direction for the rest of the year?
We are going match the fundamental reason with this technical observation over the last two years.
Also, what is the key fundamental we should be looking out for in 2024?
E-mini Nasdaq Futures & Options
Its Minimum Fluctuation
0.25 index points = $5.00
Code: NQ
Micro Nasdaq Futures & Options
Its Minimum Fluctuation
0.25 index points = $0.50
Code: MNQ
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
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Break the Highs, Flip to Bearish, Make new lows...As we continue to monitor GU we are looking for signs of a reversal. Price can flip and go bearish at any time now. So we are looking for a high to be made for the week first so that we can start looking for signs price wants to shift direction.
Solid Pull back for entry! NY session should bring the BullsThey used the previously Weekly high as support. Pulled back a little deeper than I expected. But all still lines up to break new highs. With this new Data I can see News on GBP tomorrow helping to give that spike I'm looking for.
GU Pushin real good! Now that we to another London Session and it is Tues I clearly see signs that this trend wants to continue bullish for now. So long as I see Order Flow continue to line up with how the pattern is printing then I continue to remain bullish. No news till tomorrow. So lets see where today takes us!
REVERSE! REVERSE!!!...Every Body Clap ya hands! More bullish pressure to the upside. With the way price is moving I'm now looking for a possible break of highs, then signs that we can possibly reverse and become bearish. Since we dont have any early week news there is no excuse to move price just yet so its likely it will continue moving in the direction of the trend until some news happens. Make sure you secure your bag!
Reversal for BitcoinThings don't look good for Bitcoin in Daily time frame.
I am waiting for reversal in the next days.
We have multiple bearish signals.
1) Double top
2) Rising wedge
3) Bearish divergence in RSI
4) Trading Volume is dropping
Targeting price :
1st Target: 34000$ (from the rising wedge)
2nd Target : 32000$ (previous Break of structure, so now it's possible support )
3rd Target : 30000$ ( big psychological level)
$SNDL Double bottom?Interesting reaction at previous all time low from Oct 2020. The board have approved a new share buyback program. Arguably a low risk area to consider a long as risk can be defined easily below $1.38 (previous ATL). Has run up a lot today already so looking for entry on lower time frame pullback would be sensible. Trend has been down for a long time but recent higher high, in September, and now a higher low are encouraging for possible trend reversal.
stock telling what to dostock it, self-telling what can move except from that.
high-debt company
micro cap company
Market Cap
₹ 60.9 Cr.
Current Price
₹ 66.1
High / Low
₹ 71.8 / 38.2
Stock P/E
9.99
Book Value
₹ 37.8
Dividend Yield
0.00 %
ROCE
8.69 %
ROE
3.74 %
Face Value
₹ 10.0
Industry PE
31.1
EPS
₹ 6.63
Debt to equity
1.17
Price to book value
1.72
Debt
₹ 40.6 Cr.
EBIT
₹ 9.91 Cr.
Cash End
₹ 0.95 Cr.
Reserves
₹ 25.6 Cr.
Quick ratio
0.63
Current ratio
1.18
PEG Ratio
NPM last year
0.59 %
OPM
5.95 %
CMP / FCF
10.2
Intrinsic Value
₹ 74.2
Return on assets
1.00 %
EV / EBIT
10.1
no recommendation from me to buy or sell
Bullish bitcoin Market Maker Buy Model on daily timeframe paired with quarterly shifts.
Expecting the last week of october to retrace and then take buy stops above liquidity pool and maybe final target.
Short Sellers Can Be In Trouble In HDFC bankIn the given chart we can see that after big fall of two days,on daily price reverse back and close above the low of big red candle,which put short sellers in trouble who shorted on big red bars ,once price keep trading above the low of big red candle they will look for cover which can lead to short covering and also rally will resume
WEEKLY RSI AND DAILY RSI IS ALSO AT 40,SUPPORT EXPECTED
WITH 3 MONTHS BEEN IN FALL NEXT MONTH OR THIS MONTH CANDLE CAN BE GREEN MARK IT FRIENDS.
LSPD - A possible correctionMomentum is weakening for LSPD. It definitely had a great run.
The chart shows on a weekly timeframe the MACD is slowing down for a possible reversal. It also did this a little while ago with 35% correction.
I expect a possible slow correction of 35% down to around $105-$108 over the next several weeks.
Returning to 1.22500? GBPUSDOn the H1 price is currently consolidating, building liquidity before shifting to the next move. With the struggle of price breaking down, to continue further going low, I'm keeping an eye around 1.22500 as the area price may return before attempting to go short again.
Gold retracement suggests a buying opportunity."XAUUSD: Celebrating back-to-back wins with over 450+ pips from our last two trades. This setup is the product of our recent victories!
Show some love with your likes and comments!"
XAUUSD|| The second trade within the buying zone"XAUUSD: Celebrating back-to-back wins with over 340+ pips from our last two trades. This setup is the product of our recent victories!
Show some love with your likes and comments!"
USD/JPY Daily Analysis: Seizing the Bearish bat pattern 📉Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always.
Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe:
📌 Technical Analysis Highlights 📌
🦇 Bearish Bat Pattern: Picture this - the price action has masterfully crafted a bearish bat pattern, renowned for its impressive win rate. This pattern has gracefully steered the price towards a pivotal point at 149.500, none other than the D leg of this harmonic formation.
📉 Anticipating a Correction: Now, as we stand on the precipice of change, the RSI indicator chimes in from a highly oversold territory, casting its vote of confidence in this scenario. And there's more - a bearish divergence has been evolving over the past two months, reinforcing our bearish outlook.
📈 Trade Strategy 📈
With these potent technical signals as our guide, we take action. This daily analysis caters to those with a broader perspective - a long-term vision of the markets.
📊 Long-term Targets 📊
1️⃣ First Target: 144.750
2️⃣ Second Target: 141.000
3️⃣ Ultimate Target: 135.000
While this daily analysis provides a panoramic view, remember that shorter timeframes may offer opportunities with tighter stop losses. Trade wisely, manage risk diligently, and may your trades bring abundant success! 🍀
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you want more qualitative insights like this one 🌊🚀
Gap upYesterday session was everyone knows market will crash or bearish due Israel war but in this market and global condition this stock rise gap up and also sustained above life time high probability that 175-180 Target take stop loss bottom of gap up candle around 120-123 level
No recommendation for buy and sell
Take own analysis
No responsibility for the buy or sell and hold
GEN CON at reversal point. possible uptrend from hereNSE:GENCON
Currently the stock is at a crucial reversal point, which has acted as a major support several times in the past. Uptrend reversal is likely from here.
Also, it has filled the gap which was made in Jan' 23.
Fibonacci levels at 78%, could fo to 100% (Rs.30). In that case, can keep accumulating on dips.
Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.
GOLD SHORT OpportunityGOLD SHORT Opportunity
Hello traders, here's a chance to Sell XAUUSD.
The price Action showed some weakness the last 3 days, as it started to show lower highs and lower lows since May's 2023 Peak.
In this analysis, I rely on the Downtrend line drawn above the price, In addition, the price was rejected 3 days ago when it reached the neckline of the double top pattern (25/Jul/2023's neckline (1952.5).
Entry Point: Direct or 1940
TP: 1894
SL: 1950
Goodluck.
