Dell (DELL): About the wild ride - what's next after a 31% pump?No way Dell follows the analysis like this for months 😳 We told you about the wave B at the top, the wave ((ii)) a little lower, and our must-hold zone was just barely tagged—and now it’s pumped 31%...
Incredibly accurate, but we didn't enter as this stock is too volatile for us personally. Still, we’re going to monitor it from time to time for you because it remains highly interesting.
After the latest surge, we’re expecting a pullback for wave ((ii)). The best case for this pullback would be the golden pocket between the 50% and 61.8% Fibonacci retracement levels.
That said, this stock is very volatile, and it could pump even more before coming down to make this essential pullback.
M-signal
GBPUSD - Bearish Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, GBPUSD rejected the lower bound of the medium-term trendline and traded higher.
What's next?
GBPUSD is currently hovering around the upper bound of the green and orange channels.
Moreover, it is retesting a weekly major high marked in blue.
🏹 Thus, the highlighted green circle is a strong area to look for sell setups as it is the intersection of the trendlines and major high.
📚 As per my trading style:
As #GBPUSD is hovering around the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPCAD Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The price is coiling around a solid key level - 1.7766
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.7670
Safe Stop Loss - 1.7832
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
COPPER - Following Gold?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 COPPER has been overall bullish, trading inside the rising wedge pattern in blue.
At present, COPPER is undergoing a correction phase and it is hovering around the lower bound of the wedge.
Moreover, it is retesting a massive support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #COPPER approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCAD📊 #USDCAD
⏱ TIME: 1H
📝After falling to a very strong resistance range it is expected to make an upward move.
⭕️risk: MID
📍The initial buying limit: 1.36200$
📌TP1: 1.36800$
📌TP2:1.37200$
⛔️SL: 1.35700$
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
USDCHF On The Rise! BUY!
My dear subscribers,
My technical analysis for USDCHF is below:
The price is coiling around a solid key level - 0.8582
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.8654
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
BTC - The Road Not Taken...The two roads diverged in a yellow wood :)
Critical area for BTC at the moment.
Break above $62,000 for a bullish continuation towards $68,000.
Break below $58,000 for a deeper bearish correction towards $52,000.
Which scenario do you think is more likely to happen first and why?
All Strategies Are Good; If Managed Properly!
~Richard Nasr
JD Options Ahead of EarningsIf you haven`t sold JD before the previous earnings:
Now analyzing the options chain and the chart patterns of JD prior to the earnings report this week,
I would consider purchasing the 26usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $0.99.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The REAL Bull-Market Has Yet To Come: Here's Proof!In this analysis I want to talk about the M2 Global Money Supply indicator. This indicator basically shows how much money there is in circulation and how much is being printed.
The indicator itself is not that usefull since it's just going up (more money is printed over time). However, the rate at which money is printed is more interesting, hence I slapped an RSI indicator on top of it.
As seen on the chart, the RSI of the Global M2 shows that Bitcoin tops around the time that the RSI tops. It's not accurate enough for day-trading, but at least useful for to detect long-term moves.
The RSI of the Global M2 has always topped around the 70-75 points. It's currently sitting at 60.3, so there's quite some room left to grow (last time it took almost a year to go from 60 >75).
Furthermore, we can see that the "real" bull-market or Hype Phase starts once the RSI is above 65 and continues to climb.
In short, the "real" bull-market has not started yet and BTC has much more room to grow over the next 1-2 years.
Happy to hear your thoughts on this analysis.
Gold price remained steady at 2500Gold costs have surged beyond report highs as a aggregate of upbeat US monetary reports, expectancies of Fed hobby charge cuts and growing tensions withinside the Middle East boosted demand. secure haven assets. Fears that Iran should retaliate towards Israel for current conflicts have heightened geopolitical tensions, and not using a enormous development in ceasefire negotiations. This uncertainty keeps to underpin gold`s rally, making it a key attention for traders looking for shelter amid worldwide uncertainty.
Gold costs are buying and selling better whilst presently checking out resistance. MACD has illustrated growing bullish momentum. However, the RSI is at 68, suggesting the commodity should face a technical correction because the RSI enters oversold territory.
Resistance levels: 2500.00, 2535.00
Support levels: 2465.00, 2445.00
BTC Technical analysisThis 2-hour CRYPTOCAP:BTC chart is showing a classic inverse head and shoulders pattern, which typically signals a bullish reversal. We can see that the right shoulder is currently forming, and if the pattern plays out, the price target could be around $64,000. The RSI has dipped below the midline, indicating a brief pullback, but it’s still in a healthy range. The MACD is in a bearish phase, but it could be signaling a potential bottom. Keep an eye on the neckline around $59,000; if BTC can break above that, it could confirm the bullish move.
SPY The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 554.26
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 537.92
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
QQQ The Target Is UP! BUY!
My dear followers,
This is my opinion on the QQQ next move:
The asset is approaching an important pivot point 475.02
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 461.08
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
M Macy's Options Ahead of EarningsIf you haven`t sold M before the previous earnings:
Now analyzing the options chain and the chart patterns of M Macy's prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-8-30,
for a premium of approximately $1.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.0987
Stop Loss - 1.1025
Take Profit - 1.0926
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Target (TGT): Ready to Break Out of Its DowntrendWith Target, we have another major player in the US retail market, and we prefer its price structure over Walmart's. After completing Wave (3), Target experienced a significant sell-off, forming Wave (4). Currently, it appears that an inverse head and shoulders pattern is developing, which could signal a bullish reversal. The neckline looks particularly strong, and I will have a bullish outlook once this neckline is reclaimed.
There is a breakout gap following the completion of Wave (4), which might be revisited. However, for a well-formed head and shoulders pattern, we should see some momentum soon to create two shoulders at the same level. As long as the Wave (4) level at the Point of Control (POC) holds, we expect more upside, either after a slight dip into the breakout gap or immediately following the earnings report next week.