bitsofwealth

$HYDR HTF Idea

With all the recent buzz and movement in energy plays, hydrogen seems to be gearing up for a larger move still to come. We can see that it has recently shifted market structure and is now above previous quarter high and also previous year high, but it is coming up into some potential resistance.

If we see HYDR cool off a bit and head back towards the channel median and PQH, I will be paying attention for an opportunity to get long exposed.

$AGLD Long Idea based on a 3-month HTF reversal setup.

Q1 of this year swept the low of Q4 of last year BUT then closed back within the Q4 range.

Potential trade here is that Q1 low is protected and we see a displacement towards the highs of Q4 range.

Although I am starting a position here - there might be the opportunity to either wait for lower prices to open a position or to add to existing and bring down average cost.

A sweep of previous week lows (PWL) around .223 would have me paying attention.

$MOVR hit full target and then some! This is why I like to leave a runner piece in even after all TPs.

Congrats if you played this.

$MOVR Long Idea

I think I had shared this one previously on either a stream or in DM but the setup is still perfectly valid and just as appealing today as it was almost 2 weeks ago.

I am already building a position here and will add on a sweep, as illustrated in the image. I don't know if it will sweep, but I will take it as an opportunity if it does.

Attaching the original setup I shared on the 1st of the month for reference.

$PENGU Long Idea

Another chart that I am watching for either a sweep of the lows or a push higher and then pull back for entry.

One thing to note about PENGU is that it has already swept previous month low (PML).