Great Risk:Reward ratio for this stock of 1:3.81. Multiple factors pinpoint to a high probability of a spike up: -Stock broke the downtrend with a large spike up, with a pullback being a great opportunity to enter long. -MTP EMA is showing a correct position (ROYGB) -Volatility Squeeze is showing a compression. That compression is also strengthening (Going...
After breaking recent Gann Method line (first Buy signal above yellow line), the coin came down back to the Gann Method line. It is a perfect example of how prior resistance becomes support. After breaking the resistance, it went up, and then pulled back to retest that resistance level but this time, as a support. Now, the target is prior high of 3,086.60, with...
The stock broke out of the down trend and then retested the level by making a higher low, followed by higher high. Fragmented EMA is now also showing an uptrend. It has made a significant pullback and made expecting it to go to around $3.18, with the stop at $2.13.
KZIA had a very large runup, and a pullback to Higher Low at 0.5637. Expecting a bounce from this level, to scale out of position up above @$1.02; $1.24 and $1.33 levels (Prior swing highs of the leg down). With the minimum risk:reward being 10:1, it is too good of opportunity to miss.
Bitcoin has been making lower highs (LH) and lower lows (LL), but recent break of negative structure (First Higher Low ) has seen break of structure, and the break of the last Lower High (LH) has confirmed the reversal. Good entry would be to wait for a pullback and enter at the next Higher Low (HL) formation.
1Inch was in the downtrend, making lower highs (LH) and lower lows (LL). When Higher High (HH) appeared, the downtrend structure was broken, and confirmed with the first Higher Low (HL). Now it should at least retest HH(Target 2) and the prior swing can be used as a partial take profit (Target 1).
The negative structure continues with Bitcoin making lower highs and lower lows. Recently, Bitcoin made a new lower high, so highly likely Bitcoin will retest the recent low. It will be interesting to see where the price will move from there, with a possible large level breaking down, or the level will hold there, and possible reversal to upside will occur.
BTC is bearish for the time being. Why? 1. FEMA (Custom Fragmented EMA) is showing a bearish trend as the lines are stacked negatively 2. Multi-Acceleration tool (Custom yellow bar-graph below) is overall below zero. The only times it was above zero, was very good-timed short entries as marker with red arrows and purple triangles above. 3. The overall...
Finding confluences in securities always increases chances of a successful trade. In this example, FEMA (Custom Fragmented Exponential Moving Average) is stacked correctly, the price bounced off FEMA on the pullback, and the pullback also matched Fib 0.382 level. Expecting price to reach $190.98, as that was prior high level, and it also matched the Fibonacci...
Many people like to trade using short squeezes. Rather than entering when the financial instrument is in consolidation stages, we enter when the squeeze has broken out (short squeeze is in play already), but has pulled back to the EMA. Using the most recent low and most recent high, we can predict the price target through the use of Fibonacci levels. For some it...
Using Linear Regression of Second Derivative script, we can see that the momentum is down, but that down momentum is actually decreasing, as the downward histogram is making a higher low compared to prior histogram. Also, Breakout Signals script is showing yellow squares at the bottom. This means that the EMAs are stacked correctly, there is a compression(it’s...