Apex of the triangle short Into a bear flag. With confirmation that volume is dumping through my money flow levels. We will likely retest 480-475 by close this Friday
Price action rejecting retrace to B leg... and volume showing smart money dumping.
Looking for a retrace from the 1.618 fib to 2130 and then 1937. Previous abcd broke out. Looking for c leg which is currently acting as support, to be invalidated. I'll break this even further with the weekly chart
Bearish sentiment on 4hr set up. I do have puts targeting 479, which was C leg of the bullish cypher on $spy.. here on SP:SPX we have bearish sentiment above the clouds along with a bearish 3 drive pattern near the 1.618 (I have 1.619) also if 4800 breaks, we could see a retrace to 4750 which is also near the 1.618 fib level from b to x leg, and it lines up with...
Looking for short scalp.. bearish sentiment... RSI above clouds.. and there is an apex forming by the two parallel channels. My target is 40700 , covering g at 42000
Now after market is close and bears still reluctant to cover. Allow me to show my updated Analysis. I see a bullish ab-cd pattern going into a bearish cypher. Theres a bull and bear aspect to every trade. Someone has to buy and someone sell. I dont heavy rely upon price action. I trust volume and money flow. Volume is showing a double bottom and preparing to...
Risking some profits on a Volume short. Abcd extension by money flow. This is a scalp trade
This is not trading or Financial advice. I was asked to provide and update. I'm in the btd camp. There is a bearish cypher, we also have a potential double bottom. I need to see a close above (B) of the bearish cypher. im Also monitoring volume in yellow box below. It's in an apex and looking to breakout.. if no position already established then I highly...
Trading off the previous bearish abcd on the daily chart. I'm looking for gold to trade up near the .5 fib level of 2041. From there I'll take profits and wait for confirmation and direction of the apex breakout yellow flag
This is a chart that illustrates the apex of the triangle. I'm seeing a retest by the volume to support the breakout run from 466 to 478. I can also see the AD/moneyflow ascending and forming an apex setfor 1230pm tomorrow. You'll get the answer and confirmation tomorrow on upside breakout or downside sell off. I'm long and targeting 480
The money and AD showing me an bullish ascending triangle and showing strong convergence that the cup amd handle will breakout.
This is something I'm monitoring going into Friday. 474.50 needs to hold as support from the previous cup and handle breakout. A bad report, could invalidate the support. The bullish sentiment carrying over from the previous c/h, to the larger time frames. This pattern is also similar to the multiple c/h patterns on Tesla. Wait for confirmation of the breakout....
Trading between multiple time frames, I was able to detect multiple cup and handle patterns forming inside a larger pattern. In addition these are overlapping a bigger inverse head and shoulders pattern with breakout of 260.. I was already bullish with 247 target... and I'm raising this target to 260 based on patterns I see. 230 still remains the line in the...
Look to reenter spy position after 474.50 retested. Spx500 set to retest 4800 level led by tech NASDAQ:AAPL NASDAQ:TSLA previous resistances flipped to support. I will break this trade down in more detail
Bullish cypher set up in a parallel channel. Looking for a retrace to 247. Uptrend intact
For my 2nd trade of 2024. Long Apple to $200 and will reevaluate. Stealth hidden abcd pattern also inside elliot wave. Btfd
Looking for 475 scrap off from todays low. Trad in place. Blush abcd set up. Need to confirm bullish ema cross over prev. Resistances .. target 1 week
Walmart has a bull flag, and a ascending triangle with a descending triangle breakout set up. The trifecta