- 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 ...
Throughout 2022 Great British Pound experienced an hell of a ride headed South, re-visiting 4 Decades Lows. On September 26/2022, CME halted Futures Trading for GBP/USD due to extreme volatility . Worth mentioning, 2023 however,entered on a positive side note for GPB while recovering some of it's previous year losses. Just recently, The British Pound weakened...
- Great British Pound seen on a more broader picture of Weekly Time-frame *W (tf) . Flirting with Trendline Resistance that rejected price action on 4 times of interactions previously. Fakeout occurance would be put to stop by 200EMA coming down as Resistance Ceiling for GBP/USD Breakout of Trendline + 200EMA re-testing them as Supports would give much more...
Today is the Consumer Price Index numbers release. Consensus sits at 8% Inflation rate, while the previous month's number was at 8.2%. Many are forecasting for a 8.1% CPI number coming out. Feds have been expecting to bring inflation down via their instrument of interest rates by raising them at 4%, however, thus far, no success was found there for Feds in terms...
- TVC:DXY seems to be wanting a break-out from Resistance Trendline coming from 114 Highs, despite failing to do so. A Resistance Trendline that has pushed the price lower each time price has approached it. Wether that break-out and resumption is bound to happen or not in the short term, it is yet to be seen. Currently, TVC:DXY is in the midst of a Middle...
- CRYPTOCAP:BTC continues trading within a Tight Range of 2K, dancing tango with range's bottom and ceiling, until it doesn't. 40.000$+ per #Bitcoin is not as far fetched from here, all Bitcoin gots to do is break current range to the upside before resuming higher. Besides that, the awaiting Feds Rate Hike decision will impact direction of CRYPTOCAP:BTC and...
- AMEX:DJIA has managed to raise up in price for three consecutive days. Resulting a break-out from Neutral Triangle Pattern, aswell Shifting Character from it's most nearest high 1:17 Risk -to- Reward Ratio call given inside on break-out day. 17% gains to be met overtime as long uptrend resumes on Market Structure. This is very well co-dependent on whatt...
- NYSE:TWTR (X) occurred on a Monthly Resistance Trendline being broken-out TA speaking. Well, fundamentally didn't go as well. The recent name change wiped out a lofty 4$Billon Dollars and more the size of it on Brand Value. It's a mix in between TA and Fundementals from here. Still sitting on the sidelines aiming for TP1 and more long term. Buying...
- Apple Inc. ($APPL) nearing Support Trendline of its Rising Channel. Looking for long opportunities in the short-term, remaining positive TA speaking until the upcoming Earnings Report. Until 3rd of August positive momentum has captured $APPL ; (may be interreupted from Feds upcoming week Rate Hikes Decision) SL is adjustable from here, with the nearest point...
- Tesla Inc. ( NASDAQ:TSLA ) beat Earnings Report Date of Fiscal Quarter Q2/23 on 19th of July. So far so good fundamentally speaking for Tesla Inc. ( NASDAQ:TSLA ) Moreover, jumping to the charts *3D(tf); we can spot a Triangle being formed with its Apex approaching end soon. Note how the red Trendline Resistance managed to reject the price by a lofty -12%...
- $USD/CHF has been trading inside a range bound from basically since 2012. Past two months, price action came very close to testing the Lows of printed on January 2021 at 0.87576$ At the current Monthly Candlestick, Price its breaking out from a Falling Wedge (bullish pattern). Its measured move would put $USD/CHF at 0.97$ There sits a great opportunity to Buy...
$USD/CAD seen on *Monthly time-frame Price Action seems to have Broken Structure on *M. However, price still on Strong Supports : - *M mid-range S/R area - Triangle Bottom Area of Support (broken for now) - Support Trendline from Lows More confirmations to come The Week ahead in terms of Price Action for the BoS situation & wether supports will hold...