Archer Aviation has been volatile due to the overall market conditions. I see a clear inverted H&S meaning we are ready for the lift off of this VTOL. I think soon we could see the recent high of 12.5. A great entry here!
Exk is looking very good under all indicators. Believe we hit a bottom and are entering a bullish cycle.
Range or Double top? Is NVDA going to continue the short-term down trend or have a price reversal? Hypothetically if the price moves below 118.33, the chance increases for more bearish activity, if price closes above the high wave candle the 120-price range and price does not consolidate there is a possibility of price movement to 128.92. Please keep in mind the MACD (Chris Moody) indicator is very close to having a bearish cross over and the Stochastic RSI is bearish; and in addition, we had some very interesting news events this weekend that may sway the markets acting like invisible engulfing candles.
ETHUSD broker the regression channel about two weeks ago and failed to move into a long bias since then. Support is now getting close - let's see how price action develops.
Price successfully rejected a small demand zone and bullish momentum is building up.there was liquidity sweep in the 1D timeframe.expecting price to go to the supply zone then continue it's trend
Possible Entry for Long position SL at red line and 3 TP areas on green boxes
https://www.tradingview.com/x/SSPw1yhr/ Hello,Traders! AUD-NZD made a bearish Breakout of the rising support And is now consolidating Below the line so we are Bearish biased and we will Be expecting a further Bearish continuation Sell! Comment and subscribe to help us grow! Check out other forecasts below too!
Last Week : Globex opened inside VAL under the Weak stops from previous sessions that we have market off which signaled weakness, under 6100 market started taking out lower stops and key areas which gave a big flush into lower Value during ON hours to start the week but we ran out of selling after looking below lower VAL and rotated out of Value from there. RTH Session did not bring anymore size selling, instead we were able to hold above Value take in all the Supply and move back into/above upper Edge which brough stability and pushed us into 6114 - 064 Intraday Range where we found balance. End of week price made a push into upper Value again but the move was done during ON lower Volume hours and once we hit the bigger area of supply/where we previously found bigger sellers over 6144 the whole push came apart and gave us another move under VAL into the Edge where we closed right at a big area without really breaking under. This Week : This week is really tricky to try and call because we have new month starting, we had some news over the weekend which has made a lot of people bearish or at least think that we should be bearish and either open on gap down or continue lower, we have seen strong selling from above areas which probably trapped buyers to give us more weakness BUT as much as I like to cheer for the downside and a good correction most of the time as I am a short seller, we have to be careful here because we are at important HTF areas which if we don't get the needed volume to stay under could bring stability and continue to give us balancing action over them. We will have to see what we do on the open tonight and during ON sessions to really get a better picture but we can have a plan and keep things in mind that IF they start happening then we can be ready. Daily TF for now is still in uptrend after a failed correction in mid January and we are just grinding over smaller Daily MA with buying interest running out over 6100s which is giving us this sideways/selling action, weekly TF also grinding over its smaller MA and has closed right around weekly balance mid area after failing to hold under its low which is in 940s this could mean that we may potentially continue holding and grinding/sideways with weakness until we see some bigger change. Daily Edge top is around 6070 - 40s we would need to either see a push that can close under 50s to signal acceptance back in lower HTF Range or a push under with continuation to/through lower VAH which can then bring in more sellers and give us continuation towards lower targets at VAL/Edge and if things get really ugly to push us through 933 - 913 Edge from where we need to watch out for further continuation towards our Previous Distribution Balance. On the other hand we need to be careful forcing the short side under 6060-50s unless market can clearly show us that it wants to be under, if it does not then we can watch for us to stay inside Current Intraday Range where we could balance and maybe tighten up the ranges as things have been pretty wild, if this will be the case then we could see stronger sells coming from areas closer to above VAL and from inside/above it, weakness from VAL can continue until we can push into Value and start balancing around the Mean area without getting back under 6114.
https://market-bulls.com/wyckoff-trading-method-accumulation-distribution-schematics/ Appears to be wyckoff reaccumulation pattern as explained in this article.
The current price action is a manipulation. When you see volume declines followed by a strong price action, that means it's a fake movement. Volume in the market is going lower, but price goes up drastically? Manipulation. That will equal in price to go back down. Vice versa; Volume in the market is going lower, but price goes down drastically? Manipulation. That will equal in price to go back up. RSI is also a good indicator combined with volume. Volume will tell you whether if the price of a security is a fake out or an actual trend. RSI will tell you the momentum of a security. If the RSI is pointing down and price is pointing up, that's like a car that is climbing up hill and running out of gas. However, indicators are not an accurate way to place a trade, but they sure help a lot in deciding a trend direction. And cryptocurrency is still bullish amid the current price manipulation . Bitcoin and Alt coins are going to rally in the second week of February. Buy the dip. The current cycle will end in October 2025.