Japanese equities ended 2023 on a high note. Japan’s post pandemic re-opening, accommodative monetary stance, high equity risk premiums and improving corporate governance reforms were important tailwinds for Japanese equities in 2023.
Over the last 12 months Japan has benefited from global investor inflows who are diversifying their investments in Asia, with...
This is bad news for Uber and I couldn't be more pleased. Everyone, this is absolutely not financial advice and just my opinion, but it would be SUPER cool if we all just made Uber go to like $2 a share. That might still be too much because their business doesn't actually even make money anyways.... hmmm...
So the white house is putting pressure on.
Showtime...
So we at the 3100 level marked of a while ago which is the measured 3-Drive pattern. This is where we are looking for shorts. Currently, it looks like the market could make one more lower timeframe high and then we will hunt for any of our reversal patterns. Alternatively, if the 3100 level holds and this 15min flag breaks I will also look to get short. Some...
We have the S&P500 grinding up to all-time highs. We have some bearish divergence forming and a potential 3-Drive reversal pattern. The 161.8 extension of the 1st drive (green) and 1.272 extension of the 2nd drive (red) both come in around 3100 for so confluence. This is where I will be hunting for reversal. My minimum target will be around 2500 for a Running Flat...
Reminder: this might be the end of drive 2 if we dont close above 8350! Possible Drive 2 could end in 9k if it passes above. No fomo plays here just gonna relax on ETH. Could see tp 2 happening if btc goes to 9k. I have an eth play from 203.5 with tp 1 219 HIT stoploss at 200 and tp 2 in play at 248!
major resistance show a high sell pressure(blue box area) if btc can overcome that there must be another leg up tp 6.8 k and 7.1k | the recent bullish move have three drive pattern and can be ended with a bearish wedge
CUP WITH HANDLE spotted on $STORJ #STORJ chart. After the parabolic move you can clearly see the descending wave which could throw the bearish trend into reversal.
I am hoping in breaks the 0.0018 ETH resistance mark and I would say it will because it has been consolidating for a while and soon to reach a breakout point.
I'd say it is a good time to get into...
My view XAU/USD Bullish Three Drives Pattern in time frame D1.
But if you want buy look in time frame H4 where position to good OP buy, look in my related idea XAU/USD below.
Thanks
Saw this ABCD pattern which might be heading to a Three Drive Pattern after bouncing off the .618 retracement level.
I'll keep following this pair, I might go long if the price cross above .76240 but I'm mostly using it as a lab to try a couple new things.
First one is using divergence when able. I don't rely on it yet to confirm my ideas, I just try to spot...
Considering my idea on the USDJPY (linked below), the Aussie currency is going for a similar pattern (TDP) to exit the triangle with some momentum. I'd expect a bounce on that support tho.
