DAILY TAKEAWAYS: On Friday we saw a break through downtrend trendline. NAS100 broke back into major zone 12200 - 12450. But once again rejected off BOS area. What we see / need to see: 1. NAS100 is still overall bearish and needs to break above 200 EMA. 2. NAS100 formed solid prices action support off bottom of major zone 12200 (Circled). 3. NAS100 need to...
DAILY TAKEAWAYS: We saw on Friday a nice bullish flag pattern play out. We broke our downtrend trend-line and retested the our bull flag twice clarifying added support to that area. What we see / need to see now. 1. US30 is still not out of our bearish zone. US30 is still under 200 EMA on our 4 hr chart. 2. US30 retest our downtrend trendline and formed a nice...
DAILY TAKEAWAYS: BTC reached 25.5k for the first time in a year. This level proved a bullish hammer candle potentially clarifying trend reversal. 1. Bullish hammer candle off 25.5k 2. Downtrend line needs to be broken and retested to clarify bullish movement. 3. Major resistance at 32.5k
NAS100 has been descending creating lower highs for the past week. 1. NAS100 bounced off major zone 11700 2.Need to see trendline break into major zone 12200 - 12450. 3. Need to see BOS @ 12510 which has become a major resistance / rejection zone.
DAILY TAKEAWAYS: US30 4 hourly candle (circled) is a bullish hammer candle which is a bullish trading pattern that may indicate that a stock has reached its bottom, and is positioned for trend reversal. Specifically, it indicates that sellers entered the market, pushing the price down, but were later outnumbered by buyers who drove the asset price up. 1. US30...
BTC has touch 29.5 k for the first time since July 20 2021. BTC trended found support off this level after 3 months of retesting. 4 HOUR TIME FRAM ANALYSIS 1. BTC is overall bearish 2. BTC bounced and retested major zone 29.5k 3. BTC is currently trying to find support off 31.5k 4. We see a break of downtrend trendline with a retest.
NAS100 hasn't seen this level since March 7th 2021. This level was a previous ALL TIME HIGH. 4 HOUR TIME FRAME ANALYSIS 1. NAS100 is overall bearish 2. BOS is around 15225 which could institute some bullish movement to the upside. 3. If the current zone of 12200 - 12450 holds as support it will be the 3 time this zone has assisted in a bullish pump. Bearish...
US30 is trending down (bearish) and hasn't seen these levels since March 11th 2021. The last time this level was touched was to create a new ALL TIME high back in March 11th 2021. 4 TIME FRAME ANALYSIS 1. Major support / resistance zone 32050 - 32450 was broken during the NY session. 2. Broke back into zone with consecutive bullish candles. (NEED to see a...
DAILY TAKEAWAYS: 1. BTC is short term bearish but overall bullish... 2. Next major areas of support are 32.5 k - 31.5 k & 28.5k - 29.5k 3. If these areas are broken 21.5 k would be the worst case scenario.
DAILY TAKEAWAYS: 1. 3 different rejections off major area 13600 2. Next major zone of support is 12200 - 12450. 3. NAS100 is overall bearish
DAILY TAKEAWAYS: 1. 34050 BOS / Major rejection zone. 3 different time US30 touched this area and rejected. - 4.26.22 - 4.28.22 - 5.5.22 2. Retesting major zone 32050 - 32050. This zone has played an important role of support multiple different times. - 2.24.22 - 3.8.22 - 5.2.22 3. US30 is bearish and is currently in major downtrend channel.
During yesterdays London session we were stuck in a consolidation faze for 8 hours. Once we finally broke out we rejected off major zone 34100 for the 5th time and then rejected back off of 33750...end up back right where we left off during London session. Also stated this yesterday, "i would like to see a retest of 33750 and a break through 34100. If not we...
MOON 1st Entry: 152.800 (SL at breakeven currently) SL: 152.300 TP: 163.000 Buy limits at 152.300 & 152.400 SL: 152.000