fxmetalanytime

fxmetalanytime

XRP rejection from $2.30 resistance weighing on near term outlook for deeper pullback Eyeing stop loss under $1.70

fxmetalanytime

Xrp. Hourly rejection of 126 period moving average on faltering momentum Sell on break of $2.30 target 2x of head and shoulders break out @ $1.38 stop loss above $2.83

fxmetalanytime

AMEX:SPY completed its 5 leg b-waves corrective rally in dec-2023 spot ref $473 sell , i like to take this short position via 6 months & 9 months 25 delta put option target $220, theta is my biggest enemy.

fxmetalanytime

#GOLD intermediate wave-(3) rally completed in May-2023 at 2081; the metal has been unfolding a corrective intermediate wave-(4) phase and this should be completed by november-2024, the rally from oct-2023 low 1810 is sucker B-wave rally completed at 2146. from now till nov-2024 gold is pretty much unfolding intermediate wave -4 below $1660 sep-2022 low toward...

fxmetalanytime Updated 

retraced 61.8% of 151.43-147.15 sell-off is offering new opporturnity to build a short position at spot 149.50 with stop loss above 150.89 target 143 by jan24,2024; this is a 1 to 6 pay out strategy

fxmetalanytime

NVDA short term indicator are weak with bearish cross over on trending indiators warrant sell rally with stop loss above $495,current wave count suggesting wear on a an impulsive internal structures heading much loweer potentially $440 on break of $470/460 support, gold, bitcoin, falling yield and yield curv e inversion 10 yr-3months doesn't support risky assets.

fxmetalanytime

NASDAQ:NVDA run into cloud resistance around $485 zone, rejection will be dire for bulls? Below $470 looks critical sell rally: stop above $495 target $447

fxmetalanytime

wait to buy NASDAQ:NVDA on this corrective wave-c down at $360 with a stop loss at $300 target profit $780. 1:7 risk reward

fxmetalanytime Updated 

We have the same number of gaps with similar style and strength: 1)Gap & go 2)Gap & go 3)breakaway gap 4)runaway gap In addition to the gaps, the MACD, stochastic indicator, Williams NYSE:R patterns are all identical to the one we saw back in March 2022 to June 2022. With the same criteria it is impossible to have a different out come given such hyperbolic ...

fxmetalanytime Updated 

NASDAQ:QQQ invalidated previous "HARAMI CROSS" reversal signal, given daily MACD rising above zero, with momentom remain overbought cruising on bullish tone might just give this bullish terminal 5th wave rally a litle push higher with measured objective sitting around $396/404 area.Now i wouldn't be too agressive going long ghere, ideally buy the market $377 for...

fxmetalanytime

#USDJPY medium term double top formation with clear 5 minute waves within a minor corrective B-wave rally peaked at 151.70, with a major double top formation suggesting some event risk is about to happen that will alter short and medium term outlook. This selling pressure is expected to completed by July 2025 as shown on vertical green line where the...

fxmetalanytime

1)Bitcoin retraced 61.8% of November 2021 peak and November 2022 trough around $38k 2) the rally from November 2022 trough unfolded in a corrective a-b-c-d-e waves where the e-wave measured objective is also 61.8% of the length of the trough of wave-a & peak of wave-c target around 38k 3)weekly ichimoku cloud resistance weighing on chikou span from breaking...

fxmetalanytime

if my count is correct then this week we shall see CBOE:SPX close sharply lower under 4200 to end the week with piercing engulfing pattern reversing last week bullish candle, failure to close under 4200 means 4472/4550 eventually 4800 are on deck. i prefer to short CBOE:SPX via longer dated put options, putting my money on the table knowing my max loss is...

fxmetalanytime

SP:SPX since sept has been oscillating under 100 days SMA; after retracing 61.8% of Sept peak to Oct trough remain fail to close above 100 days SMA is no at a all a bullish sign, bias remains sell the rally, continue to see if it has the ability to probe 4425, failure to test latter and close under 4355 is an early signal of more weakness is ahead.stop loss...

fxmetalanytime

NASDAQ:QQQ closed the day with doji star or "Harami Cross" pattern signify reversal signal with over bough momentum indicators roling over warrant a short play at $373 with tight stop loss at $381 for profit target $357 overbought momentum indicators

fxmetalanytime

NYSE:SNAP is unfolding mutiple "inverse head & shoulder" formation, this is goin to be veyr choppy and complex near term action; regardsless it is determin to travel higher to close the gap at $12.35 which intersect with an up trend line resistance and over head trend channel resistance; the near ter bullish momnetum fuel by positive daily MACD and rising...

fxmetalanytime

TSLA is expected to close up the gap around $243 in the near term to unfold its corrective cycle, rejection of $240-260 settling lower under $214 will likely see selling pressure intensify towards $160 area where the C-wave is expected to complete this whole A-B-C corrective phase, tactically is more prudent to wait for this extreme pain to initiate core position...

fxmetalanytime

Dont be fool by recent euphoria just because FOMC pause rate hike, the bigger problem is with US treasury inability to issue long term bond that is why they issue short dated treasuries instead of long term bond is more worrisome than geopolitical risk. Technically speaking SPX tend to revisit its Head & shoulder neckline resistance twice before the washout...