Expecting a move up to $7-10 over the next few months - perhaps finishing this year between June - September. Then I expect a recession and for Copper to decline and retest the previous all time highs in the $4 - 5 range.
Bull market in metals underway. Wave 1 was 2020 to 2021/2. Wave 2 was 2022-2025 I think wave 3 has started which should be at minimum a move to the all time highs. +610%. Do you really want to be in tech right now? Or be sensible and pick a market very likely starting wave 3 of a bull market.
Expecting a +400% move up on TAKOF. Risk to reward is >1:16 Probability of success 50% Overall trade rating 7.5/10
Swing Trade on GBPAUD This could take months to play out. I do consider this a very high probability trade if the price action moves into the zone as shown. Chance of success: 8/10 Risk to reward: 7/10 Overall rating: 7.5/10 This opportunity will likely have far greater risk to reward opportunities on the lower time frame as the market develops. It will...
EURNZD came down into significant support and has now broken the downward sloping trendline. Expecting a continuation higher of the higher time frame trend. Probability: 5/10 Risk to reward: 7:10 Overall rating: 6/10
On the daily timeframe LINK has made a very clear bullish channel formation. Since finishing the formation is has shown some strength and has reconsolidated above 4H support. Good chance this is ready to continue higher. Bitcoin also shows similar bullish structure on the 4H. Chance of success: 3/10 Risk to reward: 9/10 Trade rating: 6/10
High probability trade idea. I think there is a strong chance AMD is ready / almost ready for another major move up. Stop loss is fairly wide on this one so the risk to reward ratio isn’t amazing, but I think the probability of the trade being successful makes up for that. Trade rating 7.5/10 Probability 9/10 Risk to reward 6/10
Since June 2023 it’s been in a consolidation. It broke that consolidation in Nov 2024. It has just retested the break of the consolidation at support with a clear wedge pattern and I now expecting continuation higher. It is a 1:9.45R trade with >121% upside. I give this trading opportunity a 7/10 rating: 8/10 for probability of being successful. 6/10 for risk...
8R Long. 50% chance of success, but the trade entry must occur by the 23rd of Feb for it to be valid.
Clear bear flag pattern on the higher time frame. Daily structure is bearish. Expecting a continuation of bearish price action at the supply zone. High probability trade 50% chance of success.
FOMC coming soon so expect volatility. As an opportunity to go small risk there is wedge pattern developing into support now. I have widened the stop loss a bit to account for the liklihood of increased volatility. 30% chance of success.
Bull flag on ASM after breakout of consolidation pattern. 1:31 Risk to Reward ratio. Targeting $4 Probably coincides with $50 Silver
I give this a 40% chance of success. FTSE clearly in a daily and weekly uptrend after a lengthy consolidation. A range has been created and I think the market takes out the low of the range before heading higher. 4H is technically bearish but the market did close inside the last 4H supply which is indicative of a continuation higher to take out the Jan 24 highs.
Expecting the sell off to continue if the market moves up to the supply zone (imbalance) in the manner shown. I classify the trade with a 50% probability of success.
3R Trade Very high probability. 70% chance of success. Wedge pattern into support + higher time frame test of ascending trendline.
Expecting a continuation of the trend here. Had a nice larger consolidation pattern on the higher time frame (it’s over to the left, not directly visible here). The visible pattern here is a 4H pattern and I see it as a reaccumulation pattern above support. The target is a 1:1 measured leg of the weekly trend. Very high probability trade - 60% chance of success.
I like the look of this company on a technical basis. Please see my previous post on this company for more information about the technicals.
Expecting a move up to the red supply zone. Approx target 100, but being conservative by going shy of that. There is strong confluence with other biotech companies here with many others also looking bullish for the following weeks.