Today is BoC interest rate decision Volume spike Daily rejection of channel Daily RSI bearish divergence Entry with HXD TP: Want to see red weekly close if possible
Held volume spike level Weekly inverted hammer candle At weekly RSI support line Daily RSI super low Would open a long and take profit at monthly high as monthly is suggesting continuation down
Moderate confidence Weekly bearish engulfing. Thinking it will test and maybe crack 64.5 level soon TP: 64.5 TP: Weekly continuation until seeing otherwise Bullish case At the 200 week SMA so keep positions small Note: US strikes in the Middle East happened post market on Friday so be cautious on Monday open (maybe catch weekly high for a short entry)
Topped at daily resistance trendline Contact with weekly RSI resistance trendline Little volume spike on Jan 24th daily candle Entry today or yesterday TP: Till weak daily candle TP: At weekly RSI support trendline TP: At first gap fill Note: Move may not be directional as weekly candle not yet closed and monthly is still suggesting continuation Note: Monthly...
Weekly RSI support line held Daily Double bottom on 200 day SMA at the bottom of the Ichimoku cloud Daily RSI at 30 Jan 17th's daily candle was the bottom fish entry Bearish case Weekly bearish divergence Possible TP: at the weekly RSI resistance line Possible weekly bullish engulfing, awaiting weekly candle close
Potential daily inverse H&S for Paypal Strong weekly candle forming Strong bounce on right shoulder + bottom green Ichimoku cloud daily 2 green months, watching for a third one Bearish case: Highly speculative Not a magnificent 7 stocks Gaps below
Bull flag on the daily and bounce on the 20 day SMA No Bitcoin continuation as of Friday Small position as RSI is elevated Small position because Bitcoin is under/rejecting 50 day EMA and anything can happen over the weekend Note: Might be better to trade Eth on a broker that allows weekend trading
Double top weekly Shooting star weekly with volume spike on the week SEC approves Btc etfs Pennant broke to the downside Monitoring monthly close Need to see strong weekly red candle TP: (Target 39-38k or till I see weekly reversal/weak candle) Opposite scenario: Not a huge volume spike on the weekly compared to the 3 weekly volume spikes of 2022 bottom
Long PFE. Volume spike bigger than Covid crash. Potential monthly reversal candle MRNA bullish
Most probable scenario Weak wekly so down first at gap maybe around 4600 Expecting monthly continuation Long Entry: Volume spike and next week candle like XLK on Oct 26
Monthly candle suggests long Need to break 78 (volume spike) and first weekly close above it Then needs to break above 86 (volume spike) Most likely scenario is sell before earnings on Jan 31st as China is under deflation (weak population growth and interest rate going down not up as Chinese CPI is negative)
Long TD. Resistance retest successful on the daily
Weekly bullflag with weekly candle confirming uptrend is starting Weekly bullish divergence intact Triple bottom Preliminary tp: 18 500 HQU
Bearish divergence on the weekly + daily TP1: Monthly lower low TP2: Gap fill + Technical price target of H&S 300-310
Break of Oct2022 support trendline confirmed US10Y rocketing TP: 100 week SMA or 20 month EMA around 4208
Potential double bottom but under 100 day EMA at the same time Bigger trend: Break of support trendline from beginning of year on NQ1! Under daily Ichimoku cloud
S&P at the support trendline from last October. High risk to be long because overall market is bearish. US10Y still above October high Nasdaq under 100 day EMA TP: Gap fill TP2: Top of the resistance trendline SL: On daily close break of the trendline. Minimal losses
Potentially: At weekly bullish divergence support Daily bullish divergence Not a trading call because need to be careful of US10Y and overall market still trying to find a direction