XAUUSD 2021 Feb 15 Week
OANDA:XAUUSD
XAUUSD 2021 Feb 15 Week
Daily chart shows rejection at lower price at 1810,
price closed on upper half of bar.
So resistance may be tested.
Shorting opportunity if rejection price action is observed.
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Have a safe and profitable trading week ahead.
GONG HEI FATT CHOI to those celebrating Chinese New Year!
Volumespreadanalysis
HSI1! 2021 FEB 15 Week
HKEX:HSI1!
HSI1! 2021 FEB 15 Week
Weekly, Daily, Current TF = Shortening of thrust
Last bar price advanced on weaker volume.
If story were to repeat itself, per price action at resistance
1) short if next bar close below high of bar A
2) breaks current resistance, rejected and comes back into resistance,
preferably below high of bar A
3) Immediate resistance comes into play and market comes down.
If long, possible scenarios
1) long on dip, volume declines as price comes down,
volume on advancing bars should be strong
2) immediate push up on reasonably strong volume with high of bar A
acting as the immediate support.
3) if push up is on ultra high volume, wait for test and enter.
Remember to Like and Follow if you find this useful.
Have a safe and profitable trading week.
GONG HEI FATT CHOI!
Fully Baked Accumulation Phase - BTC #WyckoffThe re-accumulation that has occurred in the past 4 days in BTC appears to be fully developed and an upward breakout is in progress
If upward momentum continues the next major resistance area is approx. 37k; there appears to be a clear path from the current price to that level
Another Re-Accumulation Between 37k and 40k #WyckoffAnother Re-Accumulation Between 37k and 40k pretty much guarantees a move above 40k and re-establishes the strength within this market
At these previously unexplored heights we cannot rely on old price performance to determine where the next potential resistance area is - this is why psychological levels are more important than ever. If 40k is bypassed the next logical major psychological level is 45k then 50k
<TradeVSA> SPH - Pullback Completed?? Really for the breakout!1. Accumulation with Reversal
- Strong breakout with volume
2. Pullback
- Back to support with low volume
3. Green Pentagon
- Increasing volume on upbar
- Above 20 / 40 MA
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Guocoland - Supported above Gap...Pullback is Ready?1. Long Period Accumulation
- Narrow spread bar low volume
2. Reversal Setup
- High volume upbar
- Crossing above 20 / 40MA
3. Gap Up above Major Resistance
- Big gap with UT
- Price still at the gap
4. Tested well at new support
- Volume low with narrow spread bars
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Cosco - increasing momentum1. Accumulation stage
- low volume with narrow spread bar
- 20/40 MA golden cross spotted
-incresing price and volume trigerred green pentagon
2. Mark up stage
- gap up with increasing volume
-price well supported above the gap
-price sideway approaching 20 MA , support formed around 0.255
3. Daily COC formed
-three narrow spread bar with low volume formed
-followed by green pentagon with increasing volume
- Line Change signal and No Supply signal appeared , ready for next mark-up
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Geshen - Pocket Pivot in Re-accumulation1. Accumulation Stage
- Change in behaviour with increase on volume
- Green Pentagon in accumulation
- Shakeout completed
2. Re-accumulation Stage
- Climatic volume on Line Change
- Supported well with No Supply and Spring signal
- Pocket Pivot
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Micron (MU.Nasdaq) - Confirmation on Re-accumulation1. Continuation on Uptrend
- Healthy uptrend with no climatic volume
2. Re-accumulation
- No major weakness at resistance
- High volume breaking above resistance
Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
<TradeVSA> CCK - First Pullback from Accumulation1. Shakeout completed
- removal of weakhand holders
2. Long period accumulation
- Shakeout in accumulation
- False breakout in accumulation
- Lots of upbar with increasing volume
3. Change in trend with high volume
- Pullback
- Testing major resistance
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Topglov - Inverse Pullback & Continuation Mark-Down Sign of Weakness in the chart
1. Red Pentagon + Price breaking below 20/40MA
- Potential change of trend from Distribution to Mark-Down
2. Confirmation on mark-down and inverse pullback with Up-Thrust
- Rejection on 40MA
3. Green Pentagon but no follow thru above 20/40MA
- Confirmation on weakness in the background
4. No Demand appeared on 40MA
5. Up-thrust at 40MA.
- Price reject again to change the trend
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Price will mark-up further soon ?Sign of Strength in the Chart
1. Change of trend with high volume
- Downtrend to accumulation
2. Long period accumulation
- shakeout and false breakout spotted in the accumulation.
3. Breaking above accumulation
- Currently price pulling back to support to try seller
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> SunPower Continue Mark-Up Stage after PullbackSign of Strength:
1. Accumulation with low volume and narrow spread bar
2. Green Pentagon with increasing volume
3. Pullback with no major weakness
4. Recently Green Pentagon indicates continuation of the trend
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> MVIS strong uptrend with Pullback in Hourly ChartSign of Strength and Weakness
1. Daily Chart
- Green Pentagon / Uptrend
- No Major Weakness
- Still supported at the gap
2. Hourly Chart
- Red Pentagon after Up-Thrust
- Spring at 40MA
- Looking for entry with hourly Green Pentagon
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Johotin - Pullback Completed and Mark-up Soon?1. Daily Chart
- Pullback with Green Pentagon
- 2 No Supply (NS) Signal at the new support
- Trading close with support with low volume
2. Weekly Chart
- Uptrending since high volume Green Pentagon
- No major weakness
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
WMG - Shakeout Completed..Ready to Head to Resistance soon!1. High volume Line Change
- Great effort bar to monitor for potential support and resistance
2. Shakeout area
- Removal of weak-hand holders
3. Shakeout completed with high volume
- Confirmation of Strength signal with higher volume
- NS at the previous support (low of Line Change)
Looking for low risk entry near low of NS bar
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock