Banks
EURCHF EURCHF is trading in a downtrend and the pair broke a key level which confirms bearish bias. I have marked up a cheeky Counter Trade to where I feel like the price will reject and head towards my point of interest from where bearish continuation Will likely follow. I have a couple sells open so I don't mind if SL is hit. If the market does not give me my confirmations, I will not enter.
JPM LongGiven the recent market selloff, the reversal forming on the daily, and with interest rates on the rise, financial companies will begin to rally again. I'm looking to take a long-term position in JPM, given they are a leader in the market and pay a high dividend. Aiming to take next January's ATM (140) calls.
Back To PavilionIf you have seen my previous analysis on EmiratesNBD I had mentioned its stuck within a range for months, 14.25 was the resistance/upper range. It have come back to retest but we can see a huge Red candle with much of selling pressure this looks bit scary although I think buyers will tomorrow try to protect this level so that it does not go back into the RANGE which will be painful.
At the same time Banks will not increase the interest rates which will benefit banks so I think banking sector can be a good target for now for a new bull run.
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$SOFI is oversold 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Today my team entered digital finance company $SOFI at $10.25 per share. Our take profit is $12 with a stop loss at $9.75.
Our Entry: $10.25
Take Profit: $12
Stop Loss: $9.75
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BTC , M1 - ANALYSISHey I'm Gerson Samussene (Zabataina) nice to meet you, I come here to show you my analysis within this futuristic market that is (Cryptocurrency)
Here we have the First Group, known as the economist group in market action, I refer here to Buyers (Demand) and Sellers (Supply).
Here we have the Manipulators that make or transform Picos in the market.
And the question I have is:
1) Who are the top 3 in the offer group?
2) Who are the top 3 in the demand group?
3) Who has more power until 2024'25? Buyers or Sellers?
Because all this started in the odd year so our vision will be odd.
In terms of acertive probability.
So after that we'll have the signals coming from the world that I internally screamed, And that will show us that in fact a dominant group by 2024»2025?
BTC hitting the bottom of $14K? or the $100K top?
What do you think?
I already have my answer... first I want to see your answers so I can tell you what I think.