AUDJPYAUDJPY on weekly timeframe is bullish and have formed a double bottom which consider a bullish action and the break of the neckline with clean retest set price in a fresh rally.
to buy potential i need buying pressure to break and close the long tern ascending supply to use it as demand floor .
but if buyers fail to break and close with a possible of the supply roof ,price will go into consolidation phase and wait double confluence at the ascending trendline for uptick
Trend Analysis
bonkuusdtBONKUUSDT,shavyfxhub strategy which combines RSI divergence with daily candle rule and market structure ,the structure is playing on supply and i want a return into demand floor for further uptick.
based on the strategy we will advise that you allow price to area of value for trigger.
Transcript
Market Update - 10/19/2024All stocks that I follow are doing well. So much so that the stocks worth buying have probably already broken out and the following weeks only the laggards are going to catch up. Luckily I have some pretty nice positions in the leaders. Unfortunately I also have some laggards that didn't go anywhere, so I already took some off from them on Friday. Will probably have to continue weeding out the losers. Some stocks I'm excited about are NASDAQ:CORT , NASDAQ:AIRG , NASDAQ:CXDO and $asts. Good setups are AMEX:LSF , NASDAQ:DUOL , $app.
BTCUSDTON weekly time we got a clear direction and price will continue uptick until we get to the supply roof.
the next wave will pull price into 83000-81000 based on the structure.
but wait for weekly candle to close above resistance supply roof and wait for retest and go long into 83000-81000.
btc will see more influx of liquidity in coming months based on the structure .
Central bank want to cut rate and that be bullish situation for btc and other asset
Cycles and Sentiment may no Longer Matter - SilverWatch video for more detail on the trajectory for silver's next move
EDIT: in the video I said "convert unleveraged to leveraged"
I mean to say take profit on leveraged positions and convert to unleveraged accordingly depending on how quickly we approach 35-40
US30_reversal-only-at-43750so looking at US30, from a zoom'd out view, and where price came from i will onloy start to look at proper pull back below 43 750
this is my analysis of the reversal / pull back level for US30, coming towards the end of Oct / last week of Oct, right in time of the US elections, first week in Nov
Lets see how this play
BTCUSDTBTCUSDT,on breakout of weekly candle from weekly supply roof puts bullish bias ahead in coming days for crypto enthusiast,
the weekly candle break out has to be confirmed by Sunday to be a clean breakout to foster more growth and on retest will be a buy which could lead price to 83000-81000 zone based on the structure of the market.
Top 5 Weekly Trade Ideas Recap + Key Levels for Next WeekNot much happened this week, SPY closed nearly right where it did on Monday, but we had some decent opportunities along the way. Everything is once again near ATH so obviously pretty bullish looking for now. VX got crushed pretty hard today, but we'll see what it can do next week.
Here's a recap and some thoughts heading into next week.
Today was "THEE" tell-Silver's Artificial Price Cap IneffectiveAfter a 2 week rally in the DXY, silver, and even more so, gold price were nearly unaffected.
As i suspected last night, mild weakness in the DXY could trigger a massive move in silver - this suggests the artificial suppression of the metal via the futures market is being overwhelmed by worldwide physical purchases, likely leading to a short squeeze if my prediction played out. Follow through on Monday will likely confirm this and is a huge bullish signal.
After just a 1/3 of a percent drop in the DXY as it hit its head on the 200DMA, bullion banks could not touch silver, suggesting a failed attempt to suppress price and potential short squeeze underway.
I am looking for 40$ silver within the next 3 weeks of a DXY decline, possibly into a left translated DCL
Please watch for more details
Netflix - Bullish Move Of +50% Ahead!Netflix ( NASDAQ:NFLX ) is trading at an important breakout level:
Click chart above to see the detailed analysis👆🏻
Netflix is just another one of these stocks which is perfectly following cycles and market structure. After the recent drop of about -80%, Netflix perfectly tested the bottom of the reverse triangle pattern, created bullish confirmation and took off towards the upside.
Levels to watch: $700, $1.000
Keep your long term vision,
Philip (BasicTrading)
Xrp - This Is The Bullish Breakout!Xrp ( BITSTAMP:XRPUSD ) is preparing two major breakouts:
Click chart above to see the detailed analysis👆🏻
Xrp has been consolidating for almost 7 years and if a triangle breakout happens, it will certainly be followed by new all time highs. Price action and market structure are both pretty clear, and it seems almost impossible for Xrp to break the current support. Therefore longs!
Levels to watch: $0.5, $1.0
Keep your long term vision,
Philip (BasicTrading)
PEPE Is Looking SEXY MartyBoots here , I have been trading for 17 years and sharing my thoughts on PEPE .
Pepe is looking beautiful , very sexy chart for more upside
Very similar to Bigtime which is up nearly 30% today
Do not miss out on PEPE as this is a great opportunity
Watch videos for more details
Gold & Silver Ripping Higher. Should You Be Cautious Of A CrashThis video highlights the recent rally in Gold and Silver and covers some basic information related to the risk of a US/Global market crash event.
Take a minute to try to understand why Gold & Silver are rallying away from the Breakaway phase and into the Expansion phase.
This is a huge opportunity for traders if they understand why Gold and Silver are rallying like they are.
This is not a move of Panic and global market contagion. This move is related to metals being extremely undervalued compared to global market risk factors. Metals must appreciate in order to properly reflect the risks related to the global markets.
Gold may rally well above $5500 and Silver may rally well above $65 before the end of 2026. Are you ready for that move?
Pay attention & Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Natural Gas oil dxy gold silver10.18.24. the markets are volatile some nice changes and continuation trades. even though the metal markets are moving higher..... and might very well go much higher... I'm looking for reversal patterns and a correction. we might be coming to a bullish reversal in the natural gas market.
Just some evening work on the $VCLT chartI describe some of my thoughts here on what the situation is with $VCLT. Should be an interesting one to watch going forward.
I apologize for not going incredibly in-depth here. This is a chart I have done some work on already and I am just sharing the work I wanted to do this evening.
Semi-Deep Dive into DISHey, folks! Well, Disney has been beaten down fairly significantly over the past few years and has gotten sent back to the dog house after attempting to make a break - and hitting the 250 day moving average - a few months ago. However, is Disney now a good value here at 2x sales and with a potential short term idea at play?
Only time will tell! But I hope you enjoy this deeper dive into Disney. Best of luck out there.