- Upcoming Resistances to watch for TVC:DXY : -104.707 (Last Lower High + confluencing S/R area) -105.883 (Lower High from 114) (aswell being drawn a Range's Ceiling - The Dollar Index TVC:DXY has experienced lots of tremendous vertical upside during these past two-three weeks. From negative economic news of Chinese CCP report ; to US economy on...
-The Dollar Index TVC:DXY has experienced lots of tremendous vertical upside during these past two-three weeks. From negative economic news of Chinese CCP report ; to US economy on Sticky Inflation and persistent outlook of Interest Rates being Hiked again, seems as investors, smart money and quite of many retail traders are fleeing in to TVC:DXY given...
- Invesco's NASDAQ:QQQ uptrend continues to remain valid, despite last weeks close in red ; while its series of Higher Highs are now places of buyers interest due to price action retracements. Price levels to continue acting as Uptrend Supports during Rising Channel's uptrend resumption. It would take a catastrophy to plunge the price of NASDAQ:QQQ ...
- #Bitcoin's Uptrend still intact in terms of Price Action, coming from the Lows of 15K . Concerning is the fact that despite Bitcoin trending Bullish on regards of Market Structure (series of HH & HL ) ; it is trending so, within a Rising Channel (i.e bearish flag). Ahead of this current uptrend is the Golden Zone Fibbonaci Level awaited to be faced as...
- Another Bearish Perspective was shared to updates of idea 'The Struggle Continues' Bearish Pattern of Rising Wedge pattern playng out pre-Halvening with a 40% Measured Move Target Congratulations to those who saw this coming and took entries Our TP1 was hit in a very short period of time resulting to 300%+, now looking ahead for TP2 while trailing SL. Next...
- Gold is facing a local resistance trendline which previously was acting as Support trendline within the pattern. Last 3D candlestick print managed to put a higher high in terms of market structure (BoS). Entry from here is quite risky, however, spot SL is just about 1% from current price. Last 3D Candlesticks looks like a Bullish Hammer being printed, yet weak...
- Silver's uptrend remains intact techincally speaking, as long as its plenty of supports below are there to enforce uptrend resumption. A decent Demand Zone as well just in case TVC:DXY starts flying by the next Feds Interest Rate Hikes decision after a Month of Breath, making Financial Markets turn around. For now, in the short term Silver may be struggling a...
Taking Profits on Silver at Golden Zone of Trend Fibbonnaci Retracement set on *Weekly (tf). For a full chart break-down and incoming targets, (check idea 'Weekly Uptrend Outlook) We're looking for Short set ups in the short-term at 0.618 acting as resistance (fake break-out may occur) Buy setups incoming with 0.618 being broken with decent volume and waiting...
-Looking at NYSE:KO from Pandemic we can see a triangle being formed by Support trendline with Resistance trendline coming from ATH. Triangle's Apex can push as far as 324 Days to play out. Even if it takes a shorter time-span, must be noted that price would still be trading within a Range 58$-64$. I know Warren Buffet is not as much scared of this, as his...
- A buyers must take note that NASDAQ:META is at a very high risk place to be purchased ! Not only has a strong down-trend taken place, but there is plenty of room to the downside. (-20% negative draw-down from here if price hits the green support trendline) Despite today's bounce at a key-level and breaking the first trendline resistance on red, it is...
-Taking in to consideration an investor's POV of positioning, aswell the point of view of Swing Trader who like to keep positions opened. You should know that NASDAQ:TSLA is not out of the woods yet ! Here the Strong Zones of Supports to provide you with discounted Buys and high probable long opportunity outcomes for Swing Traders TA speaking; -First Support...
- Welcoming NYSE opening this Week with an opened Short position on NASDAQ:NVDA taken last week due to a Broadening Wedge pattern being formed and Lower Highs Market Structure. May be forced to Trail SL according to how markets will open from the positive last Friday's Rally . TRADE SAFE *** Note that this is not Financial Advice ! Please do your own...
- We had a good trade with OTC:MSTF last week, resulting to a 32% ROI. For now, awaiting more confirmations to occurr in price action. Regarding last weekly close bounce, it appears to me it was more of Techncnical bounce nearing the *D-*W Support-Trendline. Zooming in to Smaller time-frames, price remains in a downtrend until price breaks-out from descending...
- Anticipating more downside to come on $APPL . Price Action failed to reach the first S/R zone above, TP1 yet to be triggered on the current $APPL short. TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before partaking on any Trading Activity based Solely on this Idea. _______ BingX...
- TVC:DXY has had a vertical rally from its fake-out breakdown of Range, finding Support at 200EMA and got back to the Middle Zone Range S/R of 103 level. The last idea published when TVC:DXY broke the range to the downside ( TVC:DXY -Headed South 97) played out in the opposite way of forecast expectation. Eerie similar bars pattern move but on North...
- The Dollar Index TVC:DXY is trading below many resistances (broken big range of 100.8-105 ; trendline resistance from 114 High; 20-50EMA) In the short term TVC:DXY seems to be gravitating towards downside, with a completion of macro correction ABC Waves, with C wave probably ending at 97 macro S/R resistance area. This critical macro S/R is quite likely...
- While ECONOMICS:USIRYY numbers remain inflationary, having the latest increase to 3.2% on August 10th, on the other side of the World from the second Global Superpower, ECONOMICS:CNIRYY came Deflationary at negative 0.3% on 9'th of August, just a day prior to numbers of ECONOMICS:USIRYY . Note that The Head of Federal Reserve, our pal Jerome Powell,...
$EUR/USD is about to come in to contact with a Macro Resistance Trendline @ 1.13151$ One must beware and very careful when it comes in to looking for Buying Opportunities when breaking down the technical analysis on smaller time frames. With TVC:DXY reclaiming last week the broken Big Range of 100-105 zone, it appears so that with uptrend continuation of ...