Lorjan500

Lorjan500

Daily downside trend rejected at strong resistance; EMA100 rejection, vwap rejection 4H pullback with a countertrend line break, price breaking above kletner channel bands, RSI, MACD bearish divergence, bearish engulfing on countertrend line break. 1H Rising wedge, volume confirmation though OBV bearish divergence

Lorjan500

4H Upside trend supported by a trendline. Price bounced off that trendline and the EMA50. 1H Counter-trendline broken, Price bounced off of EMA200, and VWAP anchored at previous swing low; Bullish engulfing on major trendline bounce; RSI and OBV divergence. 15M: Symmetrical triangle broken

Lorjan500

4H: Downside trend, with price rejected at 200 EMA; 1H: Countertrend, rejected at major trend’s trendline; Fib 61.8 rejection. VWAP rejection, OBV divergence, RSI OB; 15M: Rising wedge broken with volume.

Lorjan500

4H upside trend supported by ADX above 20. Price Above EMA200/100/50. 1H countertrend bounced of vwap and demand zone. RSI divergence is bullish, MACD is OS. Doji rejection candle on the bounce. Countertrend line. Falling wedge breakout on 15 min in confluence with rising volume.

Lorjan500

4H major trend in a channel. ADX above 20 in 4H, showing a relatively strong trend. Pullback identified on 1H. Price Rejected at 61.6 Fib retracement in confluence with VWAP rejection. As well as a clear divergence with RSI. Counter-trendline broken with a bullish engulfing candlestick pattern. In 15 min: Falling wedge identified. Price broken above with...

Lorjan500

Very strong strong support with 4 previous rejections was broken. Market was comfortable standing on top of that support for sometimes and it's finally broken through. There was a retest in an attempt to come back up, but it was rejected. Waited for my time filter. Bearish pattern formed on the resistance. My SL well above the resistance. My TP at the trough.

Lorjan500

I expect a Downtrend reversal to fill the thin volume, aligning with the major trend. There's excess on the Day Before volume, which forms a B-shape. COT: LONG Commercial: 641294 SHORT Commercial: 896707

Lorjan500

If we manage to break through High Volume Area R1, then going through R2 and further will be more feasible, volume-wise. Last 4 trading days, Point Of Control has gone through higher highs, indicating an upside momentum. The DB (Day Before) was closed aggressively lower. However it left a think volume trace behind and POC is higher too. Fundamentally,...

Lorjan500

1. Broken support trendline 2. RSI divergence 3. MACD divergence 4. Fib 61.8 rejection 5. Shooting Star 4H 6. Bearish Engulfing 7. Dark cloud cover

Lorjan500

1. RSI Divergence 2. MACD Sell signal 3. Head & Shoulders 4. OBV divergence 5. Shooting star 6. Bearish Engulfing