just expanding contracting tren lines, so simple and effective we dont want price action to close above the funnel on 1 hour chart or higher depend on your style
This is a Project of mine that I have been working on for long time driven by my ultimate PAssion for Charting and predicting . I have narrowed my Confluence factors to just a few. My own trend lines cross-overs of Major previouse reversal points( more line cross at Infliction points=STARS) , horizontal support and resistance levels. Also Anchored Vwaps with...
NVDA complicated FIB game . I can do it many different ways but decided to play with Projections and extensions . So In general NVDA will face resistance at 200-202 will go down to 197,5-198 . then will go back to 204-205.5 . Then if QQQ and BTC hold it will continue its Prearnings run and after Earnings if it rip up will go high --everyone discussed this levels...
The shark patter matches the fib retracement and confluence with trend line and VWAP BAnd on 1550 level. We all know it is going there . The rest of the moves I hope will catch as well. I have been short for some time now because did not bother to make my homework I hope others will benefit at that point . Shop IS Crazy so be patient and quick !!!
I know the chart looks confusing with all this indicators, but ability to find more confluence points using different methods is IMPORTANTE to increase probability of price reacting at that level . Everything else is sentiment . So I am currentlly long hoped it will pull back , forgot that the first drop after sucha arally is the biggest , so now what . NVDA will...
I dont care the price targets . Not to metnioned the Harmonic pattern that if tue shows 1220 by mid july
hype due to split possible 820 , but need to break 775 first , I thiunk and wish will pull back first . all hopes on this friday expiration 6/29 i use triple fib strategy and cross overs for confliction points
The idea is to show how to use the tools , not to show where price will go . When you draw your gann Fans adjust the angle to match your levels close to 45 Degree( 40-50 angle ) . This is the key then Draw your Fib Retracment and make sure 50% level crosses the cross points of the middle lines of both gan fanns as on the picture . You should draw as soon as you...
I hold short position average 406.70. I am planning on hitting Reverse button at around 407 for a quick bounce back up and then re-enter short position . It is time to realize that Buyers at at this key levels and we need to have possition taking opportunity of the moment
AS everyone looking to predict where SPY will stop here are 3 important indicator confirmations that point to 420 level ( max 422.5 ) . As we all know all messured FIB levels of retracment will be important 416.25 , 411.10 so on . Everyone talking SPY to 460 . Maybe but not yet time for Bears to wake up going in there teritories !!!