Last cycle of Mondelez International ( Neowave Forecast)Hi Everyone
This another trading form US Stocks, This is an medium term forecast of Mondelez International. Currently its medium term bullish cycle is just started but it is the last leg. Therefore do not hold, wait or average if invalidation level is broke.
Thank You
Tradingidea
BTC possible next move.Currently, BTC is forming a Ascending Triangle pattern and might play inside the pattern, because of the gap below because of the pump.
If BTC fail to break the current resistance, we might see the price going back down and fill the gap 1st before going back up and break the structure for another move up.
This is not a financial advice, It is not 100% guarantee, and I only share base on what I see.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.
FLOW possible next move.The recent swing high filled all the gaps on the market from the last dump as stated on the chart.
We might see it move sideways, or retest lower because there is still imbalance below/gap that needs to be filled.
I have marked the possible reversal of the trend/or where the candles might bounce back. Switch to lower timeframes to get a better entry point.
My ideal entry point is when the market touch the Order Flow below the gap and bounce on it.
This is not a financial advice, It is not 100% guarantee, and I only share base on what I see.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.
STX possible next move.STX still in uptrend.
If STX break above its most recent high, we might see it go to the possible target or sell short zone.
If it gets rejected, there is still gaps below its current price. Go to lower TF for better entry if it touches the zones, and look for signs that the trend will continue or reverse.
STX already hit the most recent liquidity zone, we might see it touch the First buying zone or the extreme OB/Ideal buying zone.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.
EOS possible next move.With EOS nearing its All-time low, from my perspective it's good to buy long from its current price at the support while it is still accumulating/ranging/gathering liquidity.
reason to buy long:
-EOS have a lot of events incoming (check on their website, twitter, coinmarketcal)
-Support of accumulation/parallel channel.
-Nearing its All-time low.
-Have a huge gap to the upside (acting as a magnet).
-Long wicks in the lower part of the candle, meaning there is a high buying pressure at this point.
-Low risk, high reward ratio.
-BTC halving is nearing.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.
2023.6.1 Will the stock price of C3.ai weaken in three weeks?2023.6.1 Will the stock price of C3.ai weaken in three weeks?
This chart shows the weekly candle chart of C3. ai's stock from its listing at the end of 2020 until now. The graph overlays the lines between the highs and lows of the past two years, the lines between the lows and lows, and the horizontal line of the strongest pressure level closest to the current stock price! As shown in the figure, the stock price of C3.ai began to rise in early May 2023 and has been closing positive for 5 consecutive weeks. After breaking through multiple pressure levels, it showed a standard form of releasing momentum by jumping short and opening high this week! In the next three weeks, there is a high probability that the rise of C3.ai will come to an end, retreat from the starting position of bearish positions in early April of this year, and then choose a new direction to break through!
GOLD: 19/05. Sellers still prevail?TVC:GOLD Gold prices extended the downside break of the two-month ascending trendline and the 50 DMA as it created support at 1955 including the late-January high.
Adding strength to the seller's dominance are the bearish signals from the Moving Average Convergence and Divergence (MACD) indicator. However, the Relative Strength Index (RSI) line, set at 14, is still well below the 50 level and shows that Gold prices are bottoming out.
Therefore, the 100 DMA and the upward sloping support line extending from November 2022, near $1,930 and $1,925 respectively, could limit the further downtrend of XAU/USD.
In the event that the Gold price still falls through the $1,925 level, the possibility of seeing a drop to the $1,910 round-up cannot be ruled out.
Conversely, the previous 50-DMA support line, near 1986$ and 1990$ in that order, will stand against the round figure of $2,000 to limit the short-term rally in Gold prices.
If XAU/USD remains firmer beyond the psychological magnet $2,010, highs marked in late March and early April, around $2,015 could act as an additional test before ending. pushes quotes towards 5-week horizontal resistance near $2,040.
BUY GOLD 1950-1953
Stoploss: 1945
Take Profit 1: 1958
Take Profit 2: 1965
Take Profit 3: 1970
SELL GOLD 1968-1972
Stoploss: 1978
Take Profit 1: 1963
Take Profit 2: 1958
Take Profit 3: 1950
#BTC next target is 34k!#BTC UPDATE
BTC is making this bullish flag pattern and is currently at the lower level of this pattern and is at 200MA support.
(Basic info about the pattern)
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend.
According to the pattern we can expect a 12% bounce after the break out of this pattern which is around 34k.
RSI is showing some bullish divergence moves in the short term.
Stay tuned I will keep updating
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
DXY$DXY Dollar Showed Little Reaction to CPI Data so i'm looking for the markets to act normal with no more major news ahead anytime soon.
Therefore, i'm looking for DXY to drop and make a correction.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
How to allocate your funds for profit?
There are no wasted paths in life. All your efforts now either earn experience, knowledge, or wealth. As the Chinese saying goes, "Don't put all your eggs in one basket." This is because if you accidentally drop the basket, all the eggs will break. This principle applies to investment markets as well. It is recommended to avoid concentrating all funds into one type of investment, as it could lead to uncontrollable risk.
So, how can we allocate our funds sensibly?
Here are three investment types to consider:
Cryptocurrencies
After the emergence of countless "get-rich-quick" stories in the cryptocurrency market, many people have flocked to invest. However, the reality is that the market is merciless and risky. Only those who are strategic and opportunistic can make a profit. It is recommended to invest 10% of your funds into the market for a coin with a lower price point, and hold it for the long-term. If the value increases, your assets will expand infinitely. If it fails, you won't lose everything.
Forex Market
To participate in the forex market, choose currency pairs with lower liquidity, such as EURUSD, USDJPY, and GBPUSD. When these products show good buying opportunities, it is recommended to invest 50% of your funds into the market. The fluctuation of currency pairs is relatively small, making it a stable option for long-term trading. However, it requires a certain amount of capital accumulation to see profits.
Futures Market
In this market, let's focus on XAUUSD. This product has storage value internationally, making it suitable for trading. However, due to its sensitivity to news and geopolitical events, it can experience severe fluctuations. It is recommended to invest 20% of your funds into the market for short-term operations. Trading once or twice a day to gain short-term profits is the suggested approach.
The remaining 20% of your funds can be used for your daily expenses. Trading is not gambling. It is important to learn how to plan within your capabilities, manage your finances wisely, and make trading easier.
I have extensive knowledge in cryptocurrencies, forex, stocks, gold, and crude oil futures products. I will continue to update my daily operation strategies. Thank you for your attention and likes. If you have any questions, please feel free to leave a message. I will provide the most reliable advice to help you.
GBPCAD chart analysisHey everyone,
In this analysis, price is showing us a slight bullish correction after the sharp impulse. which indicate the phase is about to complete impulse>correction>impulse.
Now my bias for this is a buy on possible touch on trendline.
WHAT ARE WE EXPECTING:
# a lower time frame bullish continuation pattern to form/break of trendline
HOW DO WE ENTER:
# rejections candles for risky entry
# for reduce risk entry we need to see a break of trendline followed by a retest or a lower time frame correction
INVALID SETUP
# when you see a sharp impulse followed by a bearish continuation correction which means trend change
TARGET:
# top of slight correction
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!
UJ Looking for bearish movement to the downside 02/23/23$USDJPY -Looking for bearish movement to the downside after top down analysis.
Looking for a retest at my POI lead to this bias.
Good luck!
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