gatsby01

gatsby01

August 2019, PYPL saw the same market structure as we see now (1:1). Market has currently dropped on weak payment transactions but the forecast and main figures remain strong. Currently PYPL is trading with multiples below fintech's average with P/E 17 (sector 84), market price 100 USD (1:1 target) would make P/E about 22,5, which still makes sense in context of...

gatsby01

Pure technic.. What do you think about this one? No recommendations were given!

gatsby01

It's here again. After almost three months Nasdaq 100 has once again reloaded its momentum in the occasion of Fed's monetary talks. But those are fundamentals. What I bring to the table is a reasonably accurate technical analysis of worlds most famous technological index - Nasdaq 100. What is it all about? The core of this idea is the market structure -...

gatsby01

It's been some time since silver dropped to 22USD and technicals showed some bullish momentum down on the red/green divergence lines. Regarding my analysis and engaging long position one could have made several %'s. Additional increase of the position at the zero fibo-line pin bar would bring man another fruits. Now, after the correction, indicators are where we...

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EURJPY has recently entered into a narrow daily range with solid support and resistance zone (also defined by 50 % fibonacci). However the range now shrinks and the ratio between daily positive and negative return oscilates around mid-level (check RSI). With that said and others technical factors considered like double bottom , broken corrective lines , ...

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The price of Bullions brother - the Silver - has recently tanked to the long-term demand zone of $22. One may become eager to finally press the buy button since silver is just "really low" and there is so much space up to get the %%%'s! It really is! But there is also a flip coin to this good-looking setup, which comes in stealth and that will hurt you if you...

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The WTI oil price has just reached the profit area that I prophesied on Tuesday. On this occasion I learned that understanding when not to enter a trade is at least as important as knowing when to get in one. I'll offer two possible scenarios and explain why passivity pays off. Scenario 1 - price would continue to soar In this case, the price would react to...

gatsby01

In this analysis I do NOT consider fundamental factors that significantly influence the oil price. Thus I only focus on time period as short as can possibly be on technical basis. There is some convincing technical setup arising on WTI H4 timeframe with good signals each of which is worth taking into consideration, at least to me. 1) Broken short term descending...

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The idea behind this analysis is that price is on its way to finish the climb towards the upper bond of the descending channel. For now, price needs to find momentum to finish the takeoff. Worth cosidering is latest price $1800 or $1756. The RSI indicator is in favor with this idea and could indicate possible turnover on its 50 value.

gatsby01

USDJPY has finally touched the 50% of the last daily swing, which makes us possible to prepare for another trade. However for this trade it will be necessary to wait for further confirmations on lower timeframes because there is still a chance, that the market will go higher, to reach the 38,2% as it did the last time. Factor that needs to be taken into account is...

gatsby01

During past weeks Euro has been gaining against most major currencies. The main factor that drove this rally was the impulse of ECB to stimulate and restart the economy with decent monetary package. Since then, the sentiment remained bullish and EURO had faced long-term high which it easily broke. Now the market needs to gain momentum again and on this occasion...

gatsby01

Two days ago I posted an analysis, which expected a correction after a breakthrough of the significant level $41 which made the price to rise even higher without any correction. Now, when we have a clear evidence, that the correction takes place, a various scenarios can be made. Considering the fact, that we are in a continual uptrend (series of higher highs and...

gatsby01

The price of WTI has recently broken the descending trend line and so started(or recovered) an uptrend, which is the major trend. There are many signals showing us why to go long. The most important for this trade is the correction towards 50/38,2 Fibonacci level, which is also a level of confluence with a rising trendline. If the price gets to the highlighted...