QQQ short term buy oppurtunity. Island reversal pattern was spotted on the yesterday close.
SPY is at a pivot point right now and everyone is holding their breath as to what will happen. The trend has not yet broken because according to the DOW theory, it is a downtrend when you have a lower high and a lower low. In this case, the trend continues. Despite the data that came out on Friday, the market still has a room to fall. There is a Fed meeting in...
Despite the bearish movement in Bitcoin and Ethereum, I still see a bullish setup for LUNC. The drop that happened yesterday quite a large part of it was returned intraday. Today the sellers again tried to push the price down, but a rejection can be seen again, which leads me to think that there is a buyer and the setup has a pretty good risk reward.
Gas problems will get worse and Europe will unfortunately be the most affected. Europe's dependence on third countries for gas extraction will, in my forecast, lead to an increase in the price of gas. The price of gas will reach about $13-14 before we reach an extreme and change direction. My target for the UNG ETF is $50 in the next 3-4 months.
Expecting a correction in SPY between 23% and 28%. CPI next month highly to be more than 9.1%.
I expect Bitcoin to be in a bear market for the next 2-3 years. Big reset is coming in Bitcoin and no one expects it. Take your profit off the market and wait the right moment to get in. People like Michael Saylor and Cathie Wood will loose hell a lot of a money and once Bitcoin reach a $21000 a margin call will start to hit this guys. Be prepared!
Slightly passing the previous peak to make people beliave and go long as much as possible, but i will be horrifying for all who are long at this time. There will be an event or monitary policy error or move from the goverment for an excuse for this that is going to happen. Right now there are factors that are precursors to the recession, but no one will believe...
QQQ is setting for a drop. I am expecting correction to 61,8% of fibonacci which is 4% drop before going higher and make a new high.
Market makers are trapping a lot of people pretending that silver is in uptrend but actually this is part of the market cycle. As you can see after breaking the accumulation phase we got fake move to the downside which traps all low shorts and moved away from this zone. After that we shift from this zone with momentum to the upside which induce traders to take...
NZDCHF is in bullish long term trend right now and it's going to make the last leg up before going in to a reset mode. I am expecting this pair to go up to 0.72000 and make this leg in the next 10-15 weeks. Follow me for more ideas.
BTC is forming nice cup and it's in bearish short term trend.
BTCUSD lost it's bull steam before 1 month and a half and turned into a bearish trend. As you can see we have formed a head and shoulders. My target is 20k. I expect 1 more drop before a correction to the upside.
EURUSD reached the bottom of the channel after complete the reset of the cycle. I see EUR/USD long term bullish and my prediction is that it will reach the top of the channel.
TLSA dropped to the major trendline from March 2020 and i think it's is a good time to buy. QQQ is preparing for long term bullish trend. I think TSLA is going to make another leg to the all time high. Follow me for more ideas.
QQQ is forming nice inverted H&S pattern. It's on his way to form the right shoulder. I will wait for a confirmation before going in buy possition. Follow me for more ideas.
USOIL reached it's previous high yesterday but it declined at the end of the day. I see that USOIL probably is going to set for H&S pattern. If you open the 4hour chart you can see H&S but you can spot it as well on the daily chart. There is a fractal. Follow me for more ideas.
Twitter reacted pretty good on the last couple days of the QQQ sell off. It dropped bellow the major trendline since March 2020. My idea is that the drop bellow the trendline is fake brakeout and this is a way to scare all weak buyers on the trendline. My prediction is that from here Twitter is heading to a new all time high. Follow me for more ideas.
USDJPY is setting for a leg down to finish the double bottom after it's complete of the 3 level day cycle and now it's in reset mode. Wait for a stophunt before entering short position. Follow me for mode ideas.