Fibonacci Extension
Dead cat bounce, $50On daily chart
Solana BINANCE:SOLUSDT has completed the impulse wave which is wave A in correction wave ABC.
Right now, wave B is progressing with 0.618 Fibonacci around 160, perhaps. That'll happen if ABC is a complex correction wave.
Wave ABC will pull Solana back to around 60.
Wait and see
BTCUSDT wants to retest the 0.382 Fibonacci LevelThe price bounced on the daily support on 39800 As I Told you in the previous analysis and now the price wants to retest the 0.382 Fibonacci level on the weekly resistance on 42k
On the 4h timeframe, the price has a supply zone on 42300
How to approach?
IF the price is going to retest the 42k and got a rejection, we can apply our rules for a new short position. The scenario is invalidated above the 43k
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
4/17/22 HALHalliburton Company ( NYSE:HAL )
Sector: Industrial Services (Oilfield, Services/Equipment)
Market Capitalization: 36.626B
Current Price: $40.76
Breakout price: $39.55 (hold above)
Buy Zone (Top/Bottom Range): $38.80-$36.00
Price Target: $42.40-$43.60 (2nd)
Estimated Duration to Target: 31-35d (2nd)
Contract of Interest: $HAL 5/20/22 42c
Trade price as of publish date: $1.91/contract
4/17/22 BTUPeabody Energy Corporation ( NYSE:BTU )
Sector: Energy Minerals (Coal)
Market Capitalization: $4.499B
Current Price: $32.54
Breakout price: $32.70
Buy Zone (Top/Bottom Range): $29.45-$26.15
Price Target: $37.80-$39.00 (2nd)
Estimated Duration to Target: 66-68d
Contract of Interest: $BTU 6/17/22 35c
Trade price as of publish date: $3.85/contract
4/17/22 BOXBox, Inc. ( NYSE:BOX )
Sector: Technology Services (Information Technology Services)
Market Capitalization: 4.420B
Current Price: $30.82
Breakout price: $31.75
Buy Zone (Top/Bottom Range): $30.15-$28.00
Price Target: $35.80-$36.70
Estimated Duration to Target: 108-113d
Contract of Interest: $BOX 6/17/22 30c
Trade price as of publish date: $2.65/contract
FIL (Filecoin)FIL attempting a trend change once again, given how every past attempt yielded (apparently YOLD is also a past tense of yield, lol) +20% in either direction, FIL is a great coin to trade.
Grey channel you see on the chart is just an S/R, where I expect FIL to launch towards the daily Resistance, and after arc back towards the grey S/R.
I'm waiting for a confirmation on lower timeframes, FIL will likely head into the grey S/R, pullback (to something like 21-21.5) and then launch. Pullback being the key confirmation I'm waiting on.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
BINANCE:FILUSDT
BINANCE:FILUSDTPERP
BYBIT:FILUSDT
FTX:FILPERP
OKEX:FILUSDT
4/17/22 AMATApplied Materials, Inc. ( NASDAQ:AMAT )
Sector: Producer Manufacturing (Industrial Machinery)
Market Capitalization: 100.142B
Current Price: $113.36
Breakdown price: $114.50
Sell Zone (Top/Bottom Range): $125.60-$136.95
Price Target: $97.20-$94.80 (4th)
Estimated Duration to Target: 40-44d (4th)
Contract of Interest: $AMAT 5/20/22 110p
Trade price as of publish date: $4.95/contract
GOLD - EW main count !! LongHello trader,
good mood and profitable deals! 💲
GOLD
2 hour chart
EW - Analysis
This is my Elliot Wave main count!!
EMA 10 - 13 - 20 and EMA50 in red are also geared towards EW.
EMA50 serves as a strong support. This should hold otherwise we should prepare for a stronger bullback or trend change!
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas!
Silver - Doubletop and Fibo trade !!Hello trader,
good mood and profitable deals! 💲
Silver
1D chart
double top
Fibonacci
SMA EMA200
Silver stoped the downside with a nice Doubletop at 21,429 and the IMO is supported by the SMA and EMA200.
The first goal is around 29 (The goal of the double top)
EMA 200 or corrections in LTF can be used as entries. The goals can be seen in the chart !!
Even if I favor an upward movement, we could also go sideways. This is possible from 3 points, confirmed from 5!
SL is below the current low.
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas!
USDJPY | New perspectiveSince the beginning of the month, price action has continued to respect the bullish trend line identified in the 4H timeframe and we are hoping to catch one last bullish move if it finally happens. A significant breakout of key levels during the course of yesterday's trading session could probably be a signal for a trend continuation in the nearest future as long as the price does not break down the bullish trendline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
SOLUSDT is testing the 100$ as supportThe price is creating a descending channel after a breakout from the dynamic support on 115$
The price is testing the 100$ support eight now but we could see a new bearish impulse soon
How to approach?
IF the price is going to lose the 100$ support, we could see a new bearish impulse until the 0.886 Fibonacci level, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐