Buysetup
NASDAQ100 STBNASDAQ100 reaches a SELL ORDER BLOCK in the area of 11200, of which there’s an expectation of NASDAQ100 to Sell to areas of 11700 in order to create liquidity for buying momentum to be triggered, and overpass the supply zone , SELL SHORT TERM TO BUY LONG TERM (STB=Sell To Buy) bias this week
Is $BJ ready to push higher?Notes:
* Strong up trend on the higher time frames
* Great earnings track record
* Basing for the past ~3 months
* Forming a cup and handle with the base ~14% deep and a flat handle
* Formed a bullish engulfing candle a couple of days ago
* Now it's flashing an early entry along with a pocket pivot
Technicals:
Sector: Consumer Defensive - Discount Stores
Relative Strength vs. Sector: 4.8
Relative Strength vs. SP500: 2.23
U/D Ratio: 1.03
Base Depth: 13.97%
Distance from breakout buy point: -1.6%
Volume 15.02% above its 15 day avg.
Trade idea:
* You can enter now as the price is close to its 50 EMA
* It's also breaking above the resistance area of ~77.5 with volume
* If you're looking for a better entry you may be able to catch it around $76.1 as that should hold as support going forward.
Is $CPRX ready to break out of its cup and handle?Notes:
* Strong up trend
* Okay earnings track record
* Basing for the past ~8 weeks
* Pulled back to its 10 week line and managed to hold it as support creating a cup and handle pattern
* Printed a pocket pivot near its 50 day line offering an early entry and indicating institutional demand
Technicals:
Sector: Healthcare - Biotechnology
Relative Strength vs. Sector: 23.86
Relative Strength vs. SP500: 4.28
U/D Ratio: 1.21
Base Depth: 45.07%
Distance from breakout buy point: -18.82%
Volume 14.75% above its 15 day avg.
Trade Idea:
* You can enter now as the price is rising with higher than average volume off of its 50 EMA
* Another reason for entering would be that it printed a pocket pivot
* If you want to play it a bit safe you can wait for a break out of the indicated channel and the 14.3 area since that may serve as immediate resistance
Is $PRCT ready to move higher from here?Notes:
* Steady up trend in a bear market
* Nice earnings for the past to quarters
* Recent IPO
* Looking to break above its IPO base
* Printed a pocket pivot, indicating institutional buying
* Offering an early entry relative to its 50 day line
* Sitting just above a pivotal level of 43.9 and holding it as support for the past several sessions
* IPO base resistance comes in around 47.7
Technicals:
Sector: Healthcare - Medical Devices
Relative Strength vs. Sector: 15.62
Relative Strength vs. SP500: 4.68
U/D Ratio: 1.1
Base Depth: 182.59%
Distance from breakout buy point: -4.82%
Volume 54.55% above its 15 day avg.
Trade Idea:
* You can enter now as the volume and price are indicating of it moving higher from here.
* If you want to be a bit more safe, you can wait till after earnings
EURUSD new upside leg BUY area!!Looking to see if we can see a push from the current area or maybe a little dig down into the 0.99 support for then price to continue the upside rally to the last long term lower high... either way we should get a small move up so will look at entering and moving stops to break even..
BPCL -Bullish Price Action AnalysisFrom Oct 2021 , NSE:BPCL has continuously made LH-LL in daily Time Frame.
Now Price has Approached pandemic level and also its demand zone comes from the higher TF such as Weekly & RSI is showing the Divergence.
A good buying opportunity arise if price sustains this demand zone (287-300).
Price has already dragged much from the top level so buying opportunity only comes to the picture.
If you have other opinion, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
XAUUSD | Perspective for the new week | Follow-up detailsThis is a follow-up to our previous analysis where we were able to close the week with over 3,000pips in profit (see daily commentaries in the link below for reference purposes). Going into the new week, it is obvious that the yellow metal gained some bullish traction towards the end of the week, rising more than 1% on Friday as the dollar weakened amid reports of a potential debate amongst the U.S. Federal Reserve officials about the pace of rate hikes. Will the latest development be a reason to stake on the Gold in the new week?
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BTC Buy Limit 10.28.2022💸New Free Signal💸
====================
⚡️#BTC/USDT
🏛Exchanges :Binance & Kucoin Futures
📈 LONG
💎Leverage : 10X - 100X
▶️ Spot& Future
🟡 Entry : 19100$-19450$-19550$
🟢 Target 1 : 19800$
🟢 Target 2 : 20300$
🟢 Target 3 : 20600$
🔴 Stop loss: 18900$
📊Analysis Method: Order Blocks+ Volume profile
🆚Risk/Reward Ratio: 11
➖➖➖➖➖➖➖➖
👤 Desert Eagle🦅
📅 10.28.2022
⚠️ (DYOR)
Good Luck Traders📉📊
Can $MNTK continue to lead the Utilities sector?Notes:
* Recent IPO with steady up trend
* Not the best earnings in the recent quarters
* Basing for the past ~3 months
* While basing it bounced off of its IPO highs around the 13.8 area
* Recently breaking and holding above a pivot area between 16.65 and 16.9
* Daily and weekly volume seems to be indicating buyers coming in and the UD ratio seems to be indicating the same
Technicals:
Sector: Utilities - Utilities - Diversified
Relative Strength vs. Sector: 10.61
Relative Strength vs. SP500: 35.4
U/D Ratio: 0.96
Base Depth: 46.96%
Distance from breakout buy point: -15.4%
Volume 31.76% above its 15 day avg.
Trade Idea:
* You can enter now as the price is holding the 16.9 area as support
* If you're looking for a better entry you can wait to see if it retests the 16.9 area again.
Is $PI ready to break out of its ~10 month cup and handle?Notes:
* Strong up trend on higher time frames
* Excellent earnings track record
* Basing for the past ~10 months
* Forming a cup and handle pattern while basing
* Printed a pocket pivot signal, indicating institutional buying
* Volume on the daily and weekly time frame seems to be increasing as well
* Strong resistance around the $90 area
Technicals:
Sector: Technology - Communication Equipment
Relative Strength vs. Sector: 6.75
Relative Strength vs. SP500: 17.9
U/D Ratio: 1.09
Base Depth: 137.32%
Distance from breakout buy point: -10.12%
Volume 79.85% above its 15 day avg.
Trade Idea:
* You can enter now based on the pocket pivot signal
* Or given the market conditions you may wait for a break out of the handle as indicated or even a break above the $90 area
Is $CLFD ready to start coming up on the right side of its base?Notes:
* Strong up trend on all time frames
* Great earnings in the recent years
* Basing for about 9 weeks
* Starting o come up on the right side of its base with volume
* Created a launch pad with the 10,20 and 50 EMAs
Technicals:
Sector: Technology - Communication Equipment
Relative Strength vs. Sector: 4.11
Relative Strength vs. SP500: 6.57
U/D Ratio: 1.24
Base Depth: 43.31%
Distance from breakout buy point: -18.43%
Volume 0.44% above its 15 day avg.
Trade Idea:
* You can enter now as it's just coming off of the launch pad with volume
* It's also breaking above a clear resistance area of ~105.4
* If you're unsure at the moment you can wait for a retest of the the ~106 area as support before jumping in.
EURAUD Potential Buying Opportunity!In this week's trading session we will be monitoring EURAUD for a Buying opportunity in and around 1.550 orderblock zone. Once we get a bullish confirmation the trade will be executed and shared with our premium subscribers!
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EURUSDHello friends
On the daily chart , we have a kind of tight movement, the positive divergence of the RSI can be a kind of signal for the price to exit from the upper side, from this compression.
Provided that the current price trend is above the range of $1.02244, the possibility of the continuation of the upward trend up to the yellow range ($1.13871) will be strengthened.
What do you think?