Breakout of key resistance level. Momentum building. Trend reversal that is on the verge of a pop off.
Trend reversal play Higher highs Breakout Momentum shift to bullish And high risk: reward.
Descending channel Cup & Handle This needs to break the channel and confirm RSI above the midpoint for a continuation higher.
Fib zone trade Channel Zone Mean reversion trade Key momentum shift in 1W chart.
Key EMA's all below. Structure break Momentum shift on RSI 1W chart RR: 1:1 but if earnings are good this could shift to better RR of 1:2 or more.
VWAP break Double Bottom Extensive consolidation Key EMA breaks
The recent Fed interest rate decision has sent the markets into a bullish frenzy. The Federal Reserve raised interest rates by 25 basis points to 4.75%, but despite this hike, Fed Chair Jerome Powell was overall optimistic about the state of the economy. This positive outlook has lifted investor confidence and sent the markets higher. However, the DXY (U.S....
Ticker: EURUSD Trade Type: 4H Continuation Play Technicals Analysis The technical have set-up nicely. The trade is good to take at close of the previous candle. We're seeing a break of William %R above -80 for a continuation and the other indicators showing initial momentum for a further continuation. Price & Target Entry: 1.02673 Target Price: 1.03563...
BTC showing a wedge breakout + my algo is also confirming the play for a reversal to at least 23,000 for +15% Target 2 would be 27k Target 3: 29K
Technical Analysis (TA) ZDGE has been significantly beaten down and is now trading at a significant discount with a highly probable mean reversion play to 4.45 and 6.44. The daily chart is showing resistance above 3.55. A break above this area should signal a momentum shift which will result in us hitting one of the two mean reversion/retracement zones. The...
Technical Analysis (TA) On the weekly chart the momentum indicators are oversold. There are early signs over of a potential reversal. On the daily chart the price is flat and there is a small wedge formed. We need price break above 115 and then we could potentially see LUCE reach 145 and 170. Price Target Entry: 115 Target 1: 145 (+26%) Target 2: 170 (+48%)
Technical Analysis (TA) We are seeing a breakout from the wedge and early reversal signs on the weekly chart. We should expect price to reach between 0.42 and 0.50. Price Target Entry: 0.38 Target 1: 0.42 Target 2: 0.50
Technical Analysis (TA) Weekly Chart is showing signs of breaking out/reversing from the overbought zones. The daily chart is breaking out of the resistance level of 0.07776 and attempting to break above the 100ema with solid indications of a reversal. On the weekly we have plenty of space to fill up until the 0.09 level and further upside (if overall trends...
Technical Analysis (TA) Weekly Chart is showing early signs of a reversal with the momentum indicators and there is a high probability of a relief rally to 1.24 to 1.28. The daily chart is showing signs of a continuation play with a breakout entry above 1.227 The momentum are holding the trendline and do not look overbought. Price Target Entry:...
Technical Analysis (TA) The daily chart momentum indicators are showing signs of SPX being overbought with 1 of 3 indicators on the weekly showing early signs of being overbought. We are testing the descending line and there is a possibility of breakout or rejection here. With daily indicators being overbought a dip to 4080 would be welcomed to reset the...
Technical Analysis (TA) Weekly showing initial signs of a potential relief rally to 1.05/1.09 Daily is squeezing and is signaling for a potential breakout out above 1.03. Price Target Entry: 1.033 Target 1: 1.05 Target 2: 1.09
Technical Analysis (TA) Daily Price is squeezing between the trending and 0.55. A breakout above 0.55 will signal a reversal with potential to make +55% on the upper bands. Weekly Momentum indicators are flat with early signs of a reversal being shown. Price Target Entry: $0.556 Target 1: $0.65 (17%) Target 2: $0.80 (+50%)
Technical Analysis (TA) Rejection of upward momentum with weekly and monthly charts looking overbought. Continuation play to 123 is still set-up. Re-entry or entry zone is 132. Price Target Entry: 132 Target 1: 127 Target 2: 123