Open test drive on MondayThe market is going to open near the previous weeks' highs (blue both dotted and solid). It will probably reach for sell liquidity and draw the market back down before Wednesday. Although I favor a bearish scenario, bullish price action is also possible.
I also put a Gann Fan on to see if this tool can be any useful.
Gann Fan
IDX: SMBR GOLDEN CROSS Medium support = 920
Strong resistant = 1090
Golden Cross EMA 144 x EMA 377
will fly to 1050, Long for next week
have a nice trading
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
EURJPYIf you liked the idea, the analysis please click on like and follow up, and you will receive everything new and exclusive
The analysis used William Delbert Gann
And astronomical analysis
And my own method that I have adopted in analyzing the price movement is very special
The euro-yen movement expected for this week will be pivotal for the decline, and any rise is a force for a drop to the resistance level shown in the picture, and by breaking this resistance indicated in gray and closing a four-hour candle with Price Action above it, any drop is forgotten, but the market maker in this region entered into selling
By God, I know that euro is jpy to drop for this week, at least to the level of support shown on the quarter-hour frame
Attention, just the thought of the decision in your hand before and after anything, and we ask God for success from his bounty
Reputation gather: ZRXUSDHi there, new to charting and trying to get some recognition so I can chat in the forum there and learn how to do this for REAL. Im seeing some breakout potential here on the 1 hour chart after a pretty good consolidation period. Again, still new to this so feedback is welcome!
Paypal Trading Plan
1. (Green) Going Up Until Gann Fan area at point 270.17, then bouncing down
2. (Blue) Going Down until Strong Support at point 225.0, then bouncing up
3. (Orange) Blue Bouncing down by soft resistance at point 244.25
4. (White) Blue going through soft resistance, then bouncing down by soft resistance at point 254.39
This data is still not enough (after reaching all time high) and I'm prefer for waiting until it make another new support.
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
TSLA NOT DONE DROPPINGI've seen this specific move on multiple stocks recently (especially from breakout stocks). I see TSLA potentially moving closer to the 8/1 GANN line. I know it is a very unpopular opinion right now to be short, but please consider reality before you buy and don't try to catch a falling knife... as some of us have recently learned with GME, SNDl, or BB. I also know that Cathie Wood bought today, but this does not mean that you should as well.
NASDAQ: SBUX 23 FEB 2021, ALL TIME HIGH, DONT PUSH YOUR LUCKin this all time high condition, i dont want to push my luck.
short when it's down to 99.70
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
NYSE: UPS 23 FEB 2021, ALL TIME HIGH, DONT PUSH YOUR LUCKthis is a tricky condition, it still trying to surpass the resistance at 162.67, i wont push my luck
so i'm wating for bounching at 162.67
when it happen, short for that one,
have a nice trading.
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
BAKKARIANZ ICBPWhy Indofood?
- Nah, its just that i'm in love with their instant noodles so much. I'm Not gonna lie -_-
- As usual, The First and the most important thing of course is "We do the analyze by a statistic not fundamentals (I'm tellin' ya ^_^)".
- Second, EMA 55 = Blue ; EMA 144 = Green ; EMA 377 = Gold (not that shiny though)
- Third . . .
So lets do this.
1. Its rather complicated, but seeing him (the graphics) reminds me of my first Bakkarianz Trading Plan (ADRO). I think.
2. I'm pretty sure that this guy have a typical of EMA 55 (CMIIW)
3. Second Double Death Cross happened at April 2020 since May 2018.
4. Ever since then (Second Double Death Cross), nothing happened and he keeps going down.
5. Trading Plan :
- Potential of going down (see green arrow) and bounce back up to 8950.
- He can even going further down (see white arrow) until he bounce and going up by Strong Support (7975).
- There is also the possibility of him going even further down (see black arrow)
- Nah I'm not sure, but you can also see another potential of him directly going up (see purple arrow) to 8950.
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.