the pair already made a H&S pattern and then bounced back to make a fake break inside pattern area and then seems to resume its upward move toward tp let's see what the market will play out
The outbreak on Wednesday sems to have been a false one. After the inside small candle yesterday this is confirmed by a Hanging Man today an a falling ADX.
The tape reading is Bearish on a 30 min. chart! Hitting resistance while Banks are selling, and Net Volume is dropping etc .
Someone in chat suggested this was a Diamond pattern. More specifically Diamond patterns tend to be Top or Bottom "Stoppers" ... meaning this is where the big turn in the opposite direction happens. Could drop as much as the 1.618 line, in the high 70's. However I think it is just a deep pullback, and some sideways movement, and PA will slowly make it's way to a new high. Over all I think it is a Long for the trade. I had difficulty placing a diamond pattern around the whole thing, and some technical problems with exactly meeting the diamond pattern requirements. Well as time passes we will all find out. Good Luck trading!!
The currency took a new path after breaking the trend. We are waiting to retest the trend at 0.055, as there is FVG in this area. Our goal in this currency is 500% as the first goal, and the goals occur according to the behavior of the currency
? Updated Market Conditions & Key Levels • ? Current Price: $2,937.280 • ? High of the Day (HOD): $2,950.016 • ? Major Resistance (R3): $2,950.016 • ? Recently Broken Resistance (R2, now Support): $2,940.010 • ? Key Dynamic Support (50 EMA): $2,929 • ? Institutional Support (S1): $2,925.104 • ? Deep Institutional Demand Zone: $2,920.283 ? Institutional Order Flow & Liquidity Insights ✅ $2,940-$2,942 is a high-probability sell zone based on VWAP rejection & EMA alignment. ✅ Large resting sell orders between $2,940-$2,945 signal institutional distribution. ✅ Market makers may engineer a false breakout above $2,940 to trap longs before reversal. ✅ A tight stop-loss is required above the liquidity grab zone to maximize R:R. ? Most Accurate Short Entry & Tight SL ? SELL between $2,941 - $2,943 ? This ensures execution at the liquidity sweep while minimizing risk. ? Trade Execution Plan • ? Best Entry: Sell at $2,941 - $2,943 (Liquidity Trap Zone). • ? Tight Stop-Loss: $2,946 (Only 3-5 points SL above entry). • ? Take-Profit (TP): • ? TP1: $2,935 (First drop zone). • ? TP2: $2,930 (Dynamic support). • ? TP3: $2,925 (Institutional demand zone). • ? TP4: $2,920 (Liquidity grab zone). • ? Risk-Reward Ratio: 5:1 (Tight SL, high probability trade). ? FINAL VERDICT – MILKING THE MARKET STRATEGY ?? ? SELL between $2,941 - $2,943 with SL at $2,946 and TP at $2,925. ? Institutions are likely engineering a stop-hunt above $2,940 before a sharp sell-off. ? If price taps into $2,941-$2,943 and rejects, execute the short aggressively! ? Maximize R:R by keeping SL tight and aiming for institutional demand levels! ??
This is idea based on transient/recurrent zones. Price will revisit 0.9413 with high probability.
2/21/25 :: VROCKSTAR :: NASDAQ:FSLR Cannon take fire. long. - this is by no means as big as NASDAQ:NXT given my conviction, familiarity w/ that one - but we've reached the point of "come on guys" - my thesis is we're in the middle of the stock market crash and it's been asynchronous which is why nobody is noticing and different mag7s have been used/ picked weekly to dampen vol. but if you look at any of them on a stand alone basis, you'll see -15% to -30% from peaks to troughs - will orange guy come and shoot solar headlines? guys idk, if i had a crystal ball i'd probably be warning everyone not posting on stonks - but fslr cash gen and leadership in the industry, multiples seem v v v reasonable here esp given it's a much higher quality name than enph, sedg both of which put up amazing results (not rewarded bc tide go out - we've been talking about this) - but some of my heavy cash has gone to this one today. next week they report. i'm v clear that ex post seems to be a better game to play esp w names less familiar or playing just tape/ multiples - but seeing industry laggards report good results - and the stocks only go lower - we're in value territory here w/ fcf yield >10% - i'll be hitting the big hard on a risk off, so have ammo to go, but not playing this light. we're doing pretty well on the year, so i'm pressing the advantage and working off the above thesis. V
once the blue line is broken and confirmed as support Para might head to 40$ which represents 4X from current price
TSLA had the same setup today as other posts I have made. I have already cashed out on this position and leaving only few. Intraday profits were nice and intraday targets were met, so this trade is risk free as first target has already been reached. This seems to be a long and time consuming trade but the reward is there. Rejection from weekly sellside ineffieciency buyside imbalance with further displacement in ltf will give further confluence on the trade. There maybe entry opportunities next week as price may retrace to inefficiencies. The draw seems to be pretty obvious on the weekly time frame. We will need to see if it delivers, if it does deliver how and when.