increasing daily volume broke above consolidation above moving averages that are pointing up big ADR
NASDAQ:AFRM news yesterday biggest buying volume since February brake-out above trend line notoriety on X.com
looking for a long here after this acceleration to the downside another reason would be the divergence on smaller timeframes white line is the 61.8% fib and the green one is a long term price where the price usually reacts
reasons: 61.8 fib retracement look at Platinum/Silver chart diverging on 4h and 1h something that can be bought and forgot
reasons: -big volume before breakout -nice consolidation -price above pointing up moving averages -all time high
increasing volume consolidation above moving averages stop loss not bigger than 5% weekly looks good also
this looks great in this moment: -61.8% fib already tested -false bo from the descending channel bottom -old lows were also tested -PA tells me it wants to test at least the MAs
starting with a small position here. reasons: -divergence on the hourly -false breakout with the last low made -on smaller timeframes we are above the moving averages
looking here for a long after we broke the small double bottom patern starting very small again with this end of year and adding if going into profit I do not mind holding it for a longer time since the carry is positive :) One target can be the the 100SMA on the 4H but depends a lot on the price action
Starting a position here. Reasons: -61.8 fib; -a lot of negative days; hoping for at least one green day; -this looks like a retest of the previous area(1000$ level); I will follow the PA to see if I add or close the position.
entering a small long here playing an early false brakeout
Small long here, I will add depending on the price action. Reasons for the trade: -acceleration to the downside -anticipating a false breakdown(maybe the add will be after we get back above 950) -divergence on the daily TF -some round price numbers
going long here after the acceleration expecting another low since we are not diverging so starting with a small position
catching a small knife move countertrend here starting small will add if we will have another acceleration to the downside
Going into the end of the year, I believe this is a good trade. we are not at the 61.8 fib retracement and acting weak above the moving averages. First trade small and I will add even on the upside until I have a full position
the break of 1000 was a false breakout? I do not know, but I will try a long here risking the lows + some change
risking 35 pips for a very short time frame to see where this goes I will probably add if it will go in my favor
trying another long here after we are under the 0.382 fib level the position is small, and I will add if we make a new low.