Ticker: MES Direction: Long Playbook Strategy: Supply & Demand Entry 4150 Stop 4140 Target 4190 Ticker: MES Direction: Short Playbook Strategy: Supply & Demand Entry 4130 Stop 4140 Target 4100 / 4070
1. long scenario of the bull flag confirming 2. Long scenario of a fake out consolidation followed by a break down confirming failed bull flag 3. Short scenario bears holds strong selling pressure for a breakdown with momentum
Facebook Observations & Ideas: - Monthly Candle Forming Bullish Pin Bar - Weekly Candle Has Bull Volume Coming In - Weekly Candle Formed A Strong Bullish Engulfing - Daily Candle Formed A Pin Bar Followed Up With 3 Green Soldier Candles & Strong Bull Volume Bull Ideas: - Price Can Get Rejected At This Major Resistance Of 217-220 & Retrace back To 207-212...
Price has pulled back from ATH of 153 to a major support of 127 and rallied back to 135 intraday. I should not enter a long position until I have bullish confirmation that the uptrend is continuing. Feds speak this Wednesday & Friday, if inflation is increasing at a faster rate than expected feds may begin to boost interest rates sooner then expected, if this...
Hello traders / investors, im looking at OGN as a potential swing opportunity to the the upside, its IPO date was June 7th 2021 with an all time high of 38.24 and then sold off followed by a period of consolidation. The Weekly chart is showing Bull interest is kicking in. I do not know much about this IPO nor do I care about their fundamentals, My plan is to...
Hello Traders & Investors, Coinbase appears to have found its bottom and has been making a series of higher lows after a period of consolidation due to a sell off during the crypto correction. As crypto seems to have bottomed out and began its bull run again, coinbase has been seeing some bullish sentiment along with some bullish structure. A confirmation for...
What's going on traders & investors, 2021 has been a phenomenal year so far for the bulls with the S&P up about 21% As we can see we had a very smooth run up since January 2021 with healthy corrections along the way shown by the wave up, wave down patterns This type of price action is textbook analysis, the major trend is currently up which is the path of least...
On the weekly chart it seems a possible head & shoulders pattern is forming if we cannot break above 63 with increased bull volume to test all time highs. Although price is holding above the 10/20/50 moving average nicely on the weekly with a nice spike in bull volume which could give it some momentum to test resistance at 63 and possibly breakout. If we test...
The daily & weekly chart are extremely bullish. After price rallied we had a pullback on light volume which shows low seller interest. Price pulled back to the 50day moving average on the daily chart and is also holding the 38% Fibonacci at the same level. On the weekly chart we had 2 weeks of decreasing volume as we approached the 10 day moving average...
Since mid July Ethereum found its bottom at moving average support around 1800. On the weekly chart we had 4 weeks of consistently increased bull volume day showing a lot of buying interest. After the 4 week rally we had a pullback/ consolidation for the past 2 weeks. If we look at the weekly chart volume, we can see the bearish stepped in on extremely light...
ABNB broke above a major resistance level of 156 and is currently holding above at 159 Once price action had broke key resistance, price held above the 50 & 100 day EMA acting as support on the daily & weekly.. The past 5 days has been followed with an increase in bull volume on the daily chart as well as a run to over bought levels on the daily rsi (If bull...