Skyboxpipsacademy
Intel stock down 70%...opportunity?Good Morning Testosterone Traders,
Intel has been brought to my attention
Intel stock is down 70% from the pandemic era price of $67 per share , and now actively trading around $21 per share as of this posting.
I am confident to add Intel to my long-term portfolio.
Share your thoughts....
Bitcoin retracement from $70k levelHello Traders, Skyboxpips here!
Previously we stated that Bitcoin may face sell pressure at the $70k level. Bitcoin is now in a retraction phase and is now below $60k at the time of the posting.
For now, we will monitor shorts till technicals reveal a possible reversal.
Ethereum to reach $4800 ATH?Hello Traders, Skyboxpips here!
Ethereum and Bitcoin had a strong bull run from feburary.
Ethereum experience a resistance level at the $4100 level which mean sellers are holding this level. There is an imbalance and anticipate Ethereum to reach that $4100 level in hopes of a breakout to the top-side so we can go test that $4,800 All time High
GBPJPY Setup ReviewHello Traders,
I am doing a brief overview on the GBPJPY trade I took in New York Session today. After NFP news was release, we seen a triple top formation. After the engulfing candle from the triple top, enter a sell position to scalp.
I ended up closing the trade early at 30 pips due to doubt of it reaching 161.616 level which is the daily low.
Hope this help some of you. The trendline break and retest is a simple strategy.
German 30/ Dax30German30 (DAX30) have been in a uptrend for recent weeks. Price is hugging the trendline and we may see price continue in a uptrend. We may get a break of trendline for a retracement to continue bullish.
AUDJPY Profitable tradeHello Traders,
We posted the AUDJPY Analysis before price movement. Please view the "related idea" section below to see how spot on we were in our analysis. We identified the Head and Shoulders pattern at a weekly price level
Price went 500 pips from entry point
$10 x 500= $5,000 profit
$100 x 500= $50,000 profit
$1000 x 500= $500,000 profit
Leave a comment if you did took the trade or you have learned and want to see more in the future
CadJpyHello traders,
CadJPY has been in a bull run for months due to the Japanese Yen weakness.
indecision has been printed on the weekly candle with and break and retest of trendline on the Daily/H4 timeframe.
Will be looking to take shorts to begin a possible corrective phase in the market if price respects my Key levels
Nasdaq AKA NAS100Our analysis that we published before for Nasdaq has not been altered
Nasdaq still in a bearish downtrend. Market did an 'Inside Bar' false breakout of the yearly lows in the previous week so will be interesting to see how price reacts in this level.
If price respects the yearly lows and does another false breakout, then will be looking to go long.
If price completely breaks below the yearly lows, then will be looking to continue short and possible economic downturn
Refer to the "related Ideas" to view the analysis we had prior
EthereumEthereum has been falling slowly in a descending channel.
If price rejects the top of channel and keep falling, then will be looking for short.
If price Breaks above the channel, will be looking for a retest of the "Resistance-turned-support" before price goes for a bull run. Depending on the momentum of the initial bull run, we may not be able to get a retest and would have to look for entries on the continuation.
AUDJPY Hello Traders,
Hope you had a great weekend and ready to shred the markets this upcoming NFP week.
AUDJPY Is forming a Head and Shoulders pattern. They have broke and retest the H4 Trendline
The Japanese Yen had been weak against all currencies for a few months.
We are at a weekly price level where price may do a correction and go Short side for a duration of time. If price breaks below the support zone then we are off to the races.