Clear Breakout out of the consolidation zone. Wait for a retest of that descendign trendline and enter.
HTF: Big HeadnShoulders forming and expanding wedge structure -> Wait for Top-Formation LTF: Massive Run into long-term resistance within a rising wedge (bearish reversal pattern) Plan: Look for a break of the wedge, wait for a continuation correction on the lower time frame and then attack Duration: Potentially, 2-4 weeks Good Luck!
Buy at 6.5 HTF: Strong Break-Out of 2 Year Down-Trend. LTF: 1 Month consolidation within a potential Bullflag, that is expected to break soon. Strong Horizontal Support here Strong Support by Ascending Channel RSI completely Oversold Good Risk Reward Ratio Wait for Confirmation, we need to see the price bounce here first
Descending Triangle (Bullish Reversal Sign) into Multi-Month Support Area. A Reversal is expected to happen. Good Risk Reward Ratio: SL below 14.57 (-0.2%) TP1: 14.8 (+1.3%)
Short from 1.18. Break of important resistance. Break of HeadnShoulders Neckline. DXY Broke inverse HeadnShoulders Neckline. Further rise of Dollar expected due to potential stonk market correction. Looking for extention to 1.17 (TP1) 1.16 (TP2) Be aware of the descending wedge that is forming below resistance now. That could potentially cause a false break to...
If it breaks the yellow trend line, the upward trend is broken and it might go back to the blue ascending trend line that builds the ascending triangle Looking for Entry below yellow line, stop loss at 0.09915 RR: 1 % vs -0.3%
In the chart you can see the analysis that gives me 5 technical reasons to go long here. Entry: 26.4$ SL: below 26$ Retest of 26.10$ is expected, in which case I consider adding to the position. Thanks for commenting! Peace
Good Evening, I am looking for Gold to hold this level. On the 15 minutes timeframe you can see that a double bottom has been formed already. I will wait until tomorrow to see if that level holds to go long for a 3 to 4 months swing. If the current level of 1766$ does not hold, I will stop out my position, because more downside is imminent. In that case, I am...
Good evening, 1. What am I looking for? - Re-Test of 116$ (possibly Gap fill of 116.75$) with low volume, followed by a high volume drop below the 200s daily moving average - Drop below 111.5-111.3$ area with conviction - Follow-through to 106$ 2. Technical Reasons: - 111.5$ area is strong Support! (0.38 Fibs from March 2020 + 0.78 Fibs from March 2021) -...
Good evening, FED´s J.Pow could not push markets higher today, instead the S&P closed slightly red today, stucking at ATHs and being rejected at 418$ repeatedly for the last days. Strong earnings pushed futures higher afterhours. Earnings could push the S&P higher for the next two days (except early profit taking occurs tomorrow). After that: i) I expect the...
Good Evening, As EV stocks are performing weaker recently and XPEV performs poorly in relation to the overall market, I expect a drop below 30$ soon. Fundamentals/Macro: i) relatively weak EV sector ii) meme stocks are receiving increasingly negative perception by new market participants iii) Imminent profit taking after ER of big names Technicals i) XPEV...