ancorman

ancorman

The measured move technique gives an 100% rise in the price for the last two weeks momentum drive. In this particular chart we have seen a sustained rise in rpices for the last three weeks and after a breif consolidation the [rices are expected to contunue the move and target the level designated on the chart The price moveemnt is purely identified based on a...

ancorman

Looks like we are looking at some downside on the broader market in the coming days if this pattern were to play out in the dollar index. Bullish for the dollar and bearish for equity

ancorman

Setting up for a breakaway move that can give us a good upside on Gold The breakout level has been visited multiple times and getting weaker with every attempt. Should give way soon and give an explosive move. Will need some sustained presence above the breakout price for a few weeks to be validated as a breakout. Interesting to wait and see the next moves on nthis chart

ancorman

Predicted this move way back in Nov using the Volume Profile as my go-to tool to study the market structure and the location where major trading activity has been recorded. A great tool to have in ones inventory and use

ancorman

Confluence Head and Shoulder Patterns with a rare same target area. Does this give us an extra edge on the trade, first TP already achieved in today's trading Hoping to the get the final target soon

ancorman

We see a formation of a H&S pattern on the chart and the stock seems to be facing pressure on the downside.

ancorman Updated 

I clearly see a cup and handle formation on AAPL in the daily chart. It syncs with a similar formation on NQ Futures Looking at 150 in the short term

ancorman

The stock and given a clear breakout from the pattern and is set to meet its measured move target soon

ancorman

Hi Using the Volume Profile Tool I am trying to identify my supports and resistances on the 4 Hr time frame and find the following probability We have broken a small resistance at the 23200 to 23700 area and also beginning to attempt a break out from a longer-term down-trending channel. Though in its early stages, potentially we could have a test back to...

04:36

ancorman Updated 

This analysis is an attempt at using a simple Bollinger Band tool to work out the probability of price action in the coming week. Do comment on the analysis. In my view keeping trading simple is the key to consistent success. Sometimes making it complex gives the wrong or confusing signals.

04:35

ancorman

I am trying in this analysis to figure out the price movement of the ES futures in the coming months Using the Bollinger Band as a simple tool to analyse I am basing this analysis on previous price action and its relevance to the current place of price on the chart. We are revisiting the 20 WSMA and a significant supply zone on the price front. We could see some...

ancorman

Am basing my analysis on the weekly chart using the Bollinger Bands which is the most simple tool to understand In my analysis, the price action has brought us to a point on the weekly where we are bound to face resistance around the middle line of the BB - which is the 20 SMA in our case the 20 WSMA. The prices have reversed from a similar area twice before...

ancorman

The stock has been slowly retreating and has a pronounced down trend on the daily time frame. Taking that cue and the past activity using supply zones have curated this trade to participate in the next move down.

ancorman

Nio was a bullish stock until the China fears took over the market. It still commands a good brand recall in China and should recover its price crash as China unlocks The chart also suggest a squeeze breakout and volume study gives us probable targets for the immediate short term . welcome comments and dissenting views

ancorman

On the 120 minute time frame Have seen a good decline in price from 4500 to 3940 levels and then some recovery to 4140 levels. The reversal seems to have been validated with the rise of 200 points from the bottom. Further confirmation shall come as it clears the first supply level around 4155 levels post which a retracement to our entry point around 4037/4040...

ancorman

The reversal point is close. A higher USD is the perfect catalyst for this reversal. A healthy correction has brought prices back to demand levels.MidCap IT should give a quicker buck than the heavyweights.

ancorman

Following the re-tracement into the demand zone the price should bounce and lead towards the next fresh supply zone to meet our target The price has just left a channel and looks to sprint from the breakout.

ancorman

Technical Analysis for a possible Long Set Up in Hindulever Ltd on a short Term period