JASMYUSDT 🚀 Inverse Head ShouldersHey guys!
Today I'd like to share a JASMY Coin idea. I've spotted an inverse head and shoulder pattern that has formed. Confirmation to the bullish upside would be a breakout and re-test of the zone followed by entry trigger dropping into the lower timeframes.
Confluences:
We need the breakout of the pattern to the upside to confirm bullish reversal. But having this pattern itself after a huge drop, it's pretty awesome.
We've got Ichimoku Cloud breakout which signals bulls are taking over still make sure you have a plan to be certain with your confirmations.
RSI Bullish divergence signaling the bears have lost power for now.
Targets:
1) 0.0050
2) 0.0055
3) 0.0065
4) 0.0070
Stop loss below the cloud or 2 ATR or below swing low. Manage that according to your trading plan.
Let's see how it plays out!
Kina 🚀
Ichimokukinkohyo
TLMUSDT 💥 At an ALL TIME LOWHere we are at a very key area for this coin. I'd like to see a pattern that would confirm the reversal from this area to the upside. First sign we have is a bullish divergence on the RSI on the daily timeframe still is not enough to confirm bullish bias. So I'll wait for a double bottom or H&S on the H4.
This area still is a demand buying zone being the all time low for this coin, it doesn't get any better than this. Could be a very rare opportunity or it could go lower of course.
Still first target safely would be: 0.015 as this price had the highest volume profile.
We'll be monitoring and updating this till when we ready to open a position.
My regards,
Kina💥
EGX: Bearish Market SentimentsThe shadow of RAS Hikma transaction on the construction sector was superb; however, process industries sector, and USD-base revenue companies lead the sharp fall.
3-4 days to recover based on ghosting the Bars pattern.
in the mean time, FLOATING is the QUEEN.
FORTY EIGHT is the jack of all spades.
words of wisdom: he is no fool who gave up what he cant afford to keep to gain what he can never imagine to lose.
Ras Hikma impact on EGX30the rule of thumb in the EGX30 ... buy on RUMOURS, and sell on the NEWS.
Rumors started on Jan 31st, Ras Hikma project is worth 45Bn USD, and Emiraties areIN.
Yesterday, the Rumors became solid fact, Egypt prime minister announced the signing of the contractual agreement live on national television.
The deal is worth 35Bn USD.
The USD/EGPp on investing.com dropped almost 19%.
However, the market sentiment is the key success factor for every single stock.
A repeat scenario of January 31st probabilities are above average.
MNQ 15 MINUTE CHARTThis is a view of the 15 Minute Chart showing the Ichimoku ' Death Cross ' which indicates the beginning of lower prices; Also, to confirm this we see price moving into the Kumo and we see the beginnings of a Red Kumo which confirms lower prices. These in my opinion are multiple areas of convergence that confirm my overall analysis. At this point I will determine how far to move my Stop Loss. Generally, I will not move it to just below Break even until price is beneath the Kumo on the higher timeframes, specifically the 1 hour.
MNQ 1HOUR CHARTOn the 1Hour Chart again pay attention to the the 5 lines and Kumo as they pertain to price and where it is gravitating to. I have been in this trade since the Australian Market Open based on the premise that price will drop significantly during the (mid London Session and throughout the New York Session.)
MNQ FUTURES TRADE UPDATE:This is an Update of my Short MNQ trade. As mentioned in my previous posts, I utilize ICT Price Action Concepts to determine direction and the Ichimoku Indicator to manage Expansion Ranges, Retracement Levels and in general determine how long I stay in the Trade. I Consider myself a Short-term/Day Trader.
NKD FUTURES/JPY 225 INDEX15 Minute Chart with the Ichimoku Indicator overlay. I think it probable that these gaps will get filled during the Australian/Asian Sessions. My overall narrative is:
*Price will retrace into the Daily/Weekly imbalances.
*I have Alerts set at the Fair Value Gaps because I may trade the first Hour of the Asian Session.