CN50 sellsTechnicals:
D1 downtrend, bearish gartley, at resistance
H4 pinbar
Possible head and shoulders formation on D1 over the next few weeks
Pin Bar
"Goody Bag", for Breakout Traders!Price-Congestion is going to mature. After accumulation or distribution process from money-makers, price will move far away from current value which will be result as Breakout.
Right identification of Breakout will fill your portfolio but, always require patience. There're lot of traders works when breakout. If you are this type of trader, then ready!
Point should be careful while breakout are following:
Pin Bar
Volume surging with price
Gap
Invalid candle
Last and First of secession
etc.
Best of luck...!
FFIN Short SIGNs - PINBAR/VOLUME/TREND-LINE/...Hi traders,
yesterday´s SHORT trade in the NASDAQ:FFIN market contains many confirmations. INSIDERS became heavy sellers and Price Action showed many resistance levels, that can stop the market in case of a long move.
Connection of PinBar, Value area, Volume profile, and trend-line created the whole picture, that we need for a decision.
Parameters of the trade:
Direction: SHORT
Market: NASDAQ:FFIN
Entry: 26.81
SL: 28.96
PT: 22.51
Good trading!
Jakub
FINEIGHT
PAYC - again the MAGIC TRENDLINE + hidden PINBARHi traders,
I do not have many LONG markets in my watchlist for the upcoming week. After such a big drop, 70% of markets are in the Short Watchlist.
Truth be told since stock markets are mostly grown, I don't like Short trades very much. BUT!
The analysis showed me that in big declines they save money and smooth the equity curve. And that is the main thing. No one knows if we will go down in the SPY market or not.
So even if I don't like to take them, I have to do that and follow the plan. And that's why I'll show you some markets from my Short Watchlist tomorrow.
From an educational point of view, I am talking about "Hidden PinBar" in the NYSE:PAYC market.
Good trading,
Jakub
FINEIGHT
TTEK - prepare for the HOTSHOT!!!Hi traders,
I am here again with an analysis of the stock market . My favorite ticker for today is NASDAQ:TTEK .
There are many confirmations for my thought, that we "will" go higher. Notice the quotation marks - the market shows us what is really right.
Today´s video contains information about:
1) Insiders
2) High volume nodes
3) Low volume nodes
4) Fibo retracement
5) PinBars
6) Support levels
7) Inside-out trades
and more...
I believe that this trade is full of educational content and we are a small step to OPEN THAT TRADE.
Have a nice weekend,
Jakub
FINEIGHT
ETHBTC - Looking Ready For Take-OffETHBTC has formed an Inside-Bar / Pin Bar pattern which could see this ratio move much higher once the highs of the mother candle are taken out. These patterns generally signify bullish consolidation of price and often precede bullish breakouts.
This pattern is in harmony with the very bullish pattern that has formed in BTC. If the BTCUSD pattern breaks out and starts running we will likely see this pattern breakout and start running as well.
HSI futures - false breakout setup a high risk-reward tradeHSI future forms a wedge making me bias to bearish.
Today, it breakouts the previous swing high, EMA50, and a mid-term downward trendline, and immediately drops below, expecting to close as a pinbar.
A classic false breakout setting with 5 conflence factors (also considering the fib retracement, and the long-term resistance).
A 2.5 risk-reward trade will be enter around the close.
GARMIN upcoming RALLY? How to do ANALYSIS $$$Hi traders,
today we have Monday, the first trading day of a week. I went through almost 1000 markets over the weekend and picked one market, which is in my WATCHLIST for the upcoming week ( in total there are almost 100 markets ).
Why did I choose GARMIN ( NASDAQ:GRMN )?
The answer is simple - we have plenty of educational material there :
- Volume profile
- Gap analysis
- Low volume area
- Trend-line
- Finished business (Nobody wanted to TRADE LOWER prices)
Enjoy the video and prepare your WATCHLIST!
Good trading,
Jakub
FINEIGHT
Facebook STRONG SUPPORT level & How to see the structureHello traders,
very strong support level raises our chances for a profitable LONG trade in the FACEBOOK market. NASDAQ:FB
If you connect these points together, you will get the whole picture, what's happening in Facebook:
PINBAR
TRENDLINE
POINT OF CONTROL
ZONE
VALUE AREA
TRADING RANGE
During this rough time it is difficult to follow the trading plan. BUT this ability separates winners and losers . Remember that! :)
Good trading.
FINEIGHT team