Golong
USD/CAD READY TO SWING FOR UPSIDE! USD/CAD was going with the support trend line and creating higher lows, after taking support this trendline market will take rejection from the main resistance level at the 1.32278 and creating the Ascending Tringle Pattern.
Now, the market was break the Ascending Tringle Pattern and ready for the swing because at this point sellers are in control, and buyers are ready for the move.
Tell me what your point of view on this trade and make sure follow for the more ideas like this if you want.
Caution:- Please consult your financial advisor before you enter in this trade.
Crpt about have a pump Looks like crpt sis about to bottom down to the .07 check point. There can be pump coming once this happens follow the lines let’s hope for the pump going to .18
inverse H&S on $JEPQ / $QQQThis is going to be very similar to my idea on JEPI. JEPQ is almost identical but instead of being benchmarked against the SPX index like JEPI, JEPQ is benchmarked to the Nasdaq 100, or NDX. It has a very interesting construction where it mimics the return of the Nasdaq or more popularly known as QQQ while providing a monthly dividend by the way of selling OTM calls against the NDX. This can be seen when you just look at the top ten holdings of JEPQ, listed below(as of September 30, 22).
APPLE INC COMMON STOCK- 10.2%
MICROSOFT CORP COMMON - 8.8%
ALPHABET INC COMMON- 6.3%
AMAZON.COM INC COMMON- 5.7%
NDX_4- 4.8%
NDX_3- 4.4%
TESLA INC COMMON STOCK- 3.7%
NDX_2- 3.3%
NDX_10- 2.6%
META PLATFORMS INC- 2.4%
As you can see in the top 10 holdings, they have 4 different sets of calls they are selling to generate premiums. Hence the name, premium income. The reason I bring this ETF up is that it is a great way to produce a monthly dividend and provide some income while also having a low expense ratio at only 0.35%. This can either be paid out or reinvested to increase your position since. I like this method for DCAing into a position.
You can find the top ten holdings of the popular ETF QQQ here.
www.invesco.com
I noticed that there was an inverse H&S on the QQQ , and naturally, it was on JEPQ as well. QQQ using 20-day moving average/.236 fib as support at 273.14/273.18 respectively. The neckline it needs to break with some heavy volume and momentum is at about the .382 fib or 284.88.
Today is the ex-dividend date, so today would be a perfect day to buy the first tranche. If you are more of a trader and would like to play this setup to see if it breaks the neckline, I would suggest using the vehicle QQQ instead since it is much much more liquid and actually has options (JEPQ does not offer options yet).
JEPQ doesn't have much of a track record, but just like with JEPI, do not worry for the construction is solid and it should be a mainstay in your portfolio.
Not financial advice, opinions only. Do your own due diligence!
BTCUSDT: SHOULD YOU ENTER NOW OR WAITHello !!
Welcome to the quick update of BTCUSDT. In the last few days, we saw BTC trading in the range of 20000 to 22000.
After hitting the 22000 mark, it took a dump and the major dump was seen on the 19th night when BTC dumped all the way from 19700 to 18200.
As of now, we can see BTC taking the 18200 support and is currently trading around 19000. We can long some BTC on SPOT for the long term and keep on accumulating at every dip. We can see a green candle in 15 minutes timeframe and it is holding the trend line as of now. We can expect a pump until 19600 followed by 20100 in the short term. The FOMC meeting today will reveal more about the price action. Till then stay tuned and wait for a green momentum.
Till then stay tuned and trade with caution with strict STOPLOSSES !!
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
Please like and share and comment on this idea if you liked it.
GBP/JPY long positions buys all dayStructure zone(purple box) as you can see has been touched multiple times between points 161.521/161.871 and was tested, but acted as a strong support. Can be going for long positions. A lot of pips to be catch ladies an gentlemen
RvR:
Risk.-35 pips
Reward.-126 pips
BTC is anyone seeing this?Hello Birdies.
I think BTC is forming a inverse H&S. It has a 72% success rate. If this happens it will put BTC right at the red line which we are looking to short as another big dump.
You can look into our previous charts and you will see that purple price tag there as well..
Don’t bite the bait. Time is money. This is a case of comparative advantage. Which means the less time it takes the coin to produce oil or energy, maybe even transactions. All will go down and then pop back up, much like a sinking ship.
Within the next 5 hours, an entry point will be present. It’s time to glean for Q2, because after this the prices will hit an all time high and then go back down until July. A lot will assume now is too soon, but yesterdays price isn’t todays price.
However, the cup and handle has presented its self. Now the next sign of equilibrium the price will make will be like a Nike check. Or a Wolfe wave. The eagle has left the nest.
2. API CRUDE OIL U.S.: anything under 5 is a sink. Forecast is in the -1.0 range.
TOTAL VEHICLE CAR SALES: Elon and Twitter
Don’t hire the bait just yet.
BTCUSD: Post in 4 Words: Go long dont short.Hello my friends!
This Post has four words: Go long dont short. (and ... MA 50 X MA 200 a dead cross is not always a dead cross). 😀
When I read @thecryer's post this morning, this 4-word post came to my mind. I think he writes very true words that we should all keep in mind. Well done. I quote him: ...
--
@thecryer: "...
- So what i want to explain clearly is :
- Whales are just waiting for a big dip to buy your Bitcoins , they always cumulate BTC , they move them out from exchanges and keep in their wallets. no matter if BTC falls to 1000$, they will buy more.
- TheKing is still Alive because Whales never dropped their BTC , they dropped a bit for living, but this new nerd generation understood about the meaning of freedom in the "Satoshi Whitepaper".
- Most of the Whales are not driving a Lambo but drive a small car, they fly coach, they visit the planet, and they go supermarket like you and me.
- Retailers try to win money in the Both Ways because they are just greedy, Long and Short BTC , the problem is when you Short BTC you don't have your coins... you have your "Short Contract" (x2 at least).
- When you are shorting a disinflation technology, it means you are fighting with something made for a best future, less poverty, more equitability, better world for your family.
- When you are shorting BTC you are taking the risk that the exchange you are using close or get a hack, you cannot move a contract in an hardcore Wallet, but if you buy BTC , you can move coins in your Ledger.
- When you are shorting BTC , you own nothing. Not your coins. Not your Key. just the wind.
- i hope this makes some people's open eyes about a greedy financial system.
- Believe in TheKing!
www.tradingview.com
..."
--
Let's see what happens.
Happy trading. 😀
BTCINVESTING
--
PS:
--
Post from Dec 4, 2021: "BTCUSD: And another bad news for bears: buy the dip!"
My Post from Jun6, 2021: "BTCUSD: Another bad news for bears!"
My Post Apr 15, 2019 (3 years ago!). I was one of the first btw. ;-)
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$DKNG long V recoverySorry Jim Chanos, you're just dead wrong about this one. You might be right about WYNN tho.
Go long DKNG. Looking very attractive right here and appears to be forming another V recovery. The prior V recovery brought DKNG to its ATH of $74.38. This could send it to those levels for an initial test and then hopefully an eventual breakthrough.
(They usually don't break through prior resistance on the first try)
Draftkings launch into the NFT space partnered with the NFL right before the Superbowl should make for a very fruitful quarter.
EUR/AUD BUYING OPPORTUNITY !! #LONGFOREXCOM:EURAUD
EUR/AUD giving signs of buying! Bullish trend likely to continue!! Buying is recommended.
Find Buying zone, SL and Targets below;
Note: Please do your own research before taking any trade.
Buy: 1.59600-1.59700
Stop Loss: 1.58900
1st Target: 1.61350
2nd Target: Will be updated later
GBP/USD Bullish divergence/UptrendAs you can see we a going for a bullish trend, just temporary being only time will tell. A bullish divergence was show and we are Heading for structure zone(orange box) with prediction that it will hit:
Tp1- 1.39055
Tp2( golden egg)- 1.39847
RvR: .6% to 1.15%
Handful of pips to be grabbed ladies and gentlemen!
K Daily SetupNYSE:K daily long setup:
Over the last few weeks prices have filled in the gap made on the May 6th earnings and then formed a double bottom at that support level. On Friday prices broke the top trendline and MACD has crossed positive.
Buy taking out Friday's high at 64.57
Stop Loss under double bottom at 62.41
Profit Target 72.78
Risk/Reward 3.8
infrastructure play through Intel; Go long INTCSemiconductor manufacturing on United States soil has now become a priority in the infrastructure bill which is one priority that has full bipartisan support as it is a matter of national security and the ability to not rely so heavily on foreign supply chains.
If that doesn't scream Intel to you, then I don't know what to tell you. Intel is an American company that is currently investing $20 billion for new fabs in Arizona that will undoubtedly receive some variety of government subsidies.
It has found significant support with the 200DMA and recently double bounced off of it breaking from its downtrend from the initial build up at the beginning of the year. 50 0n the RSI should act as some support to build strength as this hated name becomes more widely followed and loved on the Street once again.
This is a stock you buy and hold for 10 years.
*This is not financial advice, just ideas, do your own DD.*