MU 15 min chart is showing an ascending triangle pattern.. Might be a good short term play
XLK Charted this previously awhile back and it seems that the bias is an upward breakout.. looks like Tech is back in play
HEI looks like a good setup as it broke through the downtrend and it was a nice bounce on the 50MA as well.. Might look to enter this tonight
HR is in somewhat a consolidation range after a huge decline in share prices.. could be a good range setup
We are using Capitulation Strategy on this counter. What we can see from the charts, it has a row of 5 bearish candles that creating lower high + lower low and come along with a confirmation candle. This is a One White Soldier Pattern. So there's is a high possibility for the price to snap back to the moving averages. Basically we are aiming 2R or further before...
In order for us to see a strong uptrend again. We would like to see 20EMA to be crossed above 50EMA. Only it will end the bearish trend . We have actually entered few counters, unfortunately some of the holding wasn't really hit our TP before hitting our SL/Shifted SL. Eventually, we would like to see 20EMA crossed above 50EMA to clear the cloud and shall...
BTC hourly chart is looking pretty bullish and there's a chance to breach 10k Definitely keeping a lookout for a retracement entry
AUDNZD H4 Chart broke out of a resistance area and will look to enter on retracement
XLK is looking pretty interesting as well and as the price consolidates, usually we will see a breakout.. Let's see which direction it breaks out to
ETH/BTC looking good after the formation of a nice rounding base Should look to retest new highs soon VB's teaser of sharding has also definitely helped! :D
XCRA had a nice pin bar setup right at the 20MA and the risk vs reward seems pretty decent as well
SPX is still ranging within this big descending triangle and in fact DJI and NDX is having similar pattern as well Most likely we will see a contraction before a decisive movement to break up or down from the triangle.. Till then we would not be taking any mid term trades and will only do intra-day trades
SPX yesterday had a really good short setup as two bearish pin was formed and subsequently broke the uptrendline. Overall the market is still pretty volatile and would avoid taking mid term positions during earnings announcement period #TradeSafe #NimbusTrader
BTC has broken down from the trendline and is moving down quite aggresively Hopefully we can see a bounce at the support area
DJI Hourly Chart: Looking at DJI hourly chart, there was a good shorting opportunity once the trendline has been broken.. The risk vs reward ratio is pretty good as well Do follow us at our Telegram channel: t.me
Despite having volatility on US Index (SPX or DJI) - which shown at the Orange Box. This stock seems having a strong support at the 20EMA. On top of that, according to the trend line that drawn on the chart, the recently drip seems breaking the trend line and fall stay above 50EMA. By right, for those who holding this stock, you should either hit with your TP, or...
With regards, on the News of Increase Yield of the Treasury and bad earning announcement, institution trying to sell off that caused the price drop tremendously. I would suggest we take Short Trades (short term) to find more potential entry. Never ever catch a falling knife. Potential entry probably we can look into a smaller time frame (Example : 5M and 15M)...
SPX seems to be holding ok for now at the trendline and 20MA.. Hopefully today we can see a bounce to still be in the bullish zone Do follow us at our Telegram channel: t.me