USD/JPY looms as a prime squeeze candidate should the Fed disappoint on extremely dovish market pricing, not only likely to benefit from the probable uplift in US bond yields but also recent shifts in market positioning. USD/JPY staged a decent reversal on Monday after slicing through the Dec 28 low of 140.273, printing a hammer candle on the daily. With RSI (14)...
** short term study ** ** This is not an investment opportunity, a trade only ** Since the 60% correction call (below) the market has oversold extensively leaving gaps behind. Gaps get filled. On the above daily chart price action has printed strong positive divergence together with a price action resistance breakout. The Gap is actually the break of market...
another stock that we have zero clue what it does, but chart looks perfect. weekly rsi broke to bull side eq. 190% TP from entry. could even run higher.
Here I have Lucid Group, Inc - LCID on the Weekly Chart! First, Technical. We see Price rock bottoms to its Lowest @ $2.29 on April 22 2024 and just after the Negative Earnings and Revenue report on May 6th 2024, Price creates an Equal High @ $3.35 followed by a Violation of Structure giving us a Higher Low @ $2.48 finding Support in the $2.50 Area to then make a...
Silver looks bullish, breaking through downtrend resistance last Friday with ease as traders ramped up Fed rate cuts bets. However, with over 120 basis points priced in 2024, that leaves silver vulnerable to a reversal should the Fed not deliver on those expectations. Therefore, rather than buy the break, I’d rather see what the Fed does before entering a trade. ...
I'm already in this one but is breaking out of another triangle There are gaps to close and the upside is relatively high compared to risk This is a loss making cancer diagnostic company but technically at support and breaking out
Solana (SOL) is showing several signals of a further correction. After SOL bounced from its core support level at $125, the price was rejected at the EMA 200. Currently, SOL is trading below all significant exponential moving averages (EMA). Typically, this is an explicit confirmation of a downtrend. Even worse, the Stochastic RSI is in overbought territory....
SMH experienced a significant rally and now showing signs of weakness and a potential reversal coming. experienced a short lived false breakout back in Aug 22 We are now back in breakout zone again this time with more candles indicating more bulls coming in than last breakout RSI is now trending flat as price continues to rise, signs of rsi divergence...
Waiting for a last impulse 140 ds/3 months on INDEX:BTCUSD BITCOIN, this week could the 3 months BTC LONG START . Why? Let´s see: - Channel with 4 elliot waves done. Looking for Wave 5. - RSI 3D breaking out, like 1 year ago. - RSI W Just about to Break out, like 1 year ago. Looking for confirmation. - Rate Cuts this week, lets see. ...
I'm not going to make many posts about altcoins and I'm only posting some of those that I'm holding personally and have the best structure in my opinion. This is another great opportunity similar to my previous posts. During a wave 2 correction price action did a retracement to the 0.786 level and is now moving sideways inside a support zone. RSI is stable and...
Here I have EUR/USD on the 4Hr Chart! EU Bears have been pulling price down forming what seems to be a Falling Wedge since the end of August but could the Double Bottom made by the Sell-Side Liquidity and New Swing Low be a sign that Price is loading up to make its Bullish Break?! Now we see Price after being rejected from the Falling Resistance, descending to...
CAPITALCOM:GOOG is clearly in a down trend, which started in early July. Lower highs, lower lows, and 21EMA below 50EMA since the cross below in semi-late July. It is currently approaching the upper band of the down channel, and a reaction to the downside could be expected. The MACD is behaving somewhat indecisive and not providing useful guidance, which does not...
If helps you, please like and share. Head & Shoulders #price_action #trend_hunter FX:EURNZD
PLTR shows the recent rally could be reversing soon Currently trades high within its range If stock breaks above its upward trend that would be a great time to get out Volume consistently decreases as price increases, this create disagreement in the trend RSI also shows divergence by declining as the price increases We should expect PLTR to sell...
In 2021 the token started trading in the final phase of the bull cycle so it's unlikely to be that fast, but who knows? Anyway, it's a pretty good token to hold in the following months and the picture is very similar to my FIDA post. Price action holding support on an important level, stable weekly RSI moving sideways. SPELL/BTC ratio is in a falling wedge and...
AMEX:SPY 14, September 2024 Weekend views. Uptrend confirmed. I will be worried only if 510 is broken as of now. On daily my target is 580 levels initially. This is derived from 1.5 times extension for the move 348 to 459 to 409 levels. On Monday if AMEX:SPY is able to cross 564-565 levels and hold for at least one hour we can see a big move towards 580...
BINANCE:STRKUSDT COINBASE:STRKUSD Hello Traders 💥Long position on STARKNET SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.402 0.405 0.410 0.413 0.419 🔴SL: 0.382 🧐The Alternate scenario: If the price stabilizes...
EWTSU EURUSD H1 minuette w4 going to end monitoring breakout w4 zigzag chanell in an impulsive move