Is an update of the original idea.. the price FX:EURUSD is "stable" at the last days, but the last was a doji and now is presenting a bear candle, the 1D volume weighted stochastic show a exhaust bull trend. The price at heikin Ashi show an undecided action price (a end with doji in hekin is not undecided) and indicators with a overloaded uptrend. The plan...
If we look at the volume profile (15-minute chart showing the last month) and focus on the higher volume areas, we can draw these four zones that may act as potential support levels if price breaks lower. The issue with predicting these support levels is the Italian referendum result is likely to cause volatility.
Anyone else wondering what just happened to the Dax? I wonder if this low volume pocket had anything to do with it.
Marijuana industry is bomb. High volume at a technical level. Level was breaches just before close on 10/24. Going to go wild in the next month up to Nov 8 voting for marijuana legalization in a handful of states.
Watch for LNTH to make a move back up to past resistance around $9.70, Price has just broken above the resistance line and it is also just above the 50ma which has been acting as a dynamic support for quite some time. Also volume has been increasing, MACD looks like it is soon going to crossover and the Squeeze Momentum indicator is currently bullish.
Increasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.
POOR FUNDAMENTALS, BUT VALUATION COMPELLING? It took a BUY rating from BAC, ahead of the much anticipated Karma drone product launch (conference due today) to propel the shares significantly higher, even though the company has been suffering from decreasing topline growth rates and an unprofitable business model. Will this trend continue? TECHNICALLY STRONG After...
Market profile setup... Open day is big rezistance for market... Asia seazon is down... So now will be test open and continue direction down.
As you can see in the chart, the previous Resistance becomes now the Support (10640 area). Take a look at the RSI too, you can see the area where the RSI ends the exhaustion (small downtrends), so that line works as a support in the RSI, but doesn't mean it has to be touched. Today is Friday so volume is usually weaker. We may see DAX drop a little but coming back...
AUDJPY looks finished with its down move and now preparing to take off. This is a big move, which once passed through resistance will land at Target A and even further to Target B. As the demand zone is just below the strong support, there is a great R/R ratio here. Enjoy your flight :)
EUR/USD short - big volumes and institutional orders at 1.1177. Will go short there with 10 pips profit target and 12 pips stop loss. Hope that the market will retrace to this level before US session ends.
TWLO first piercing of downtrend with Volume signals a nice B/O , continuation of uptrend with confirm
Silvercorp Metals Inc. is looking like it is ready to continue following its upwards trend. As stated on the chart, there are several bullish indications that support why I believe this will continue to climb. If price breaks above the mid reg line, I am watching for a price target close to the upper lin reg line around $4.65 - $5.00 Trade valid until price...
$APH, Aphria Inc. has been uptrending for months now. Using the lin reg lines you can see that it has bounced off of the top and has recovered using the mid line as a support. As stated on the chart there are several bullish indications and Im looking for a price target somewhere along the top lin reg line (green rectangle on chart). Trade valid until price closes...
GBPUSD RECAP: GBPUSD is slowing filling the area of low volume created by the big bearish movement on the 23rd of June 2016 or as some may know it as BREXIT! (highlighted in one of my earlier uploads, linked bellow). Once this area of low volume is filled i anticipate a continuation of the bearish sentiment. So far the re-tracement has only reached 23% meaning my...
Just seeing how some stocks (in this case, APPL) behaves following Wyckoff theory.
If you have attended my webinar you will defiantly USDJPY know why I am giving this trade. USDJPy formed a triangle pattern so breakout expected. and most probably on the upper side because volume shows the high strength