Controversy Over Fundamentals May Push CADCHF UpwardsIn today's trading session, we are closely monitoring CADCHF for a potential buying opportunity around the 0.91650 zone.
Technical Outlook: CADCHF has recently formed a double bottom pattern and is now approaching a key support area near 0.91650. This zone is expected to act as a strong level, providing a solid foundation for a possible reversal or continuation to the upside.
Fundamental Outlook: On the fundamental side, inflation in Switzerland is softening, and the SNB’s monetary policy remains dovish, which should lead to further weakening of the CHF. Meanwhile, inflation in Canada remains a significant concern. With that, the BoC is reportedly leaning towards a 50 bps rate hike, as per expectations from Goldman Sachs, which could strengthen the CAD further.
Keep this setup on your radar and monitor for price action signals around the 0.91650 level. Always remember to trade what you see, not what you think.
Trade safe,
Joe
Bullish Patterns
BTC Breakout: Cup Pattern Imminent?BTC is testing strong resistance and struggling to recover from yesterday’s losses. It seems a cup-and-handle pattern may be forming, signaling potential bearish momentum. Be cautious!
If the support breaks with high volume, BTC could drop to:
• Target 1: $96,111
• Target 2: $94,155
Are the bears ready to break through?
If you liked this idea or have your own thoughts, share them in the comments!
Disclaimer: This is not financial advice. Always trade responsibly.
Best regards,
GC
BITCOIN UPDATE. the lower channel boundary and 100-MA support hold, Bitcoin could resume its uptrend towards the $104,000-$106,000 range. However, a breakdown below $96,500 on the broader chart could test support near $92650 or even the 200-MA.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
GBP/AUD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
We are targeting the 1.989 level area with our long trade on GBP/AUD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Previous week’s red candle means that for us the AUD/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.570.
✅LIKE AND COMMENT MY IDEAS✅
NZD/CHF BULLS ARE STRONG HERE|LONG
Hello, Friends!
NZD-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.516 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair.
✅LIKE AND COMMENT MY IDEAS✅
Dollar Index Bullish to $109! (UPDATE)The DXY is up 600 PIPS (6%) in profit, after rejecting our grey buying zone. We still have much more upside left to go in the COMING MONTHS!
There are many people who are now panicking & trying to sell the Dollar because bullish momentum has slowed down. Bare in mind, this is only a correction for buyers, not a complete reversal. Hold firm & let the market do its thing🦾
Wave Life Sciences (WVE) AnalysisCompany Overview:
Wave Life Sciences NASDAQ:WVE is a pioneer in RNA-targeted therapies, focusing on rare genetic diseases and conditions with significant unmet medical needs.
Key Growth Catalysts:
Breakthrough in RNA Editing 🧬
WVE-006: Demonstrates the first-ever in-human evidence of RNA editing, a historic milestone for RNA medicine.
This platform unlocks new opportunities to treat genetic diseases with precision, differentiating Wave from peers.
Expanding Obesity Market Opportunity 🌟
WVE-007: A promising GalNAc-siRNA therapy targeting INHBE, addressing the multi-billion-dollar obesity market.
Clinical trials begin in Q1 2025, offering a potential blockbuster treatment for obesity—a market in high demand.
Duchenne Muscular Dystrophy (DMD) 🚀
WVE-N531: Positive interim data highlights its potential to secure accelerated approval, providing new hope for DMD patients.
Innovative Pipeline & Chemistry 🔬
Wave’s PRISM platform and advanced stereopure chemistry give it a competitive edge in RNA therapeutics.
A robust pipeline targeting various high-value indications reinforces long-term growth prospects.
Investment Outlook:
Bullish Stance: We are bullish on WVE above $12.50-$13.00, driven by groundbreaking RNA editing advancements, an expanding obesity opportunity, and promising DMD data.
Upside Target: Our price target is $24.00-$25.00, reflecting transformative potential across multiple programs and significant upside in addressing major unmet medical needs.
🔹 Wave Life Sciences—Unlocking the Power of RNA Medicine! #WVE #RNAEditing #Biotech #Innovation
Nearish divergence short term but needs seller supply If no one sells this might not go as bearish as it will be/is. This is a chance to re buy in remember there are many folk wanting it waiting for these dips… unlike last runs. People are accumulating like never before and crypto is the most volatile market we have.
Don’t assume anything expect anything and don’t be upset if the market drops by tomorrow morning and you didn’t sell.. I haven’t sold in years I have swapped but. So I’ve made gains there. Still follow your instinct. Do your own research always before executing buy or sell orders and of not swapping out but on market always make it a limit order where you place the price to buy being just below the current price or the price you see technicals showing it will or might dip to.. try not market buy unless you are a well versed trader it’s one of the BIGGEST MISTAKES new crypto traders do. Where FX traders often learn alot more same as stock traders before they start trading but crypto can be done ANYWHERE. Same with stocks and FX but crypto is different people can and do gift it every day.
It’s something you can earn and then own as an asset of some kind depending where you live.
Anyways what you think will happen come tomorrow morning or this time tomorrow? What about in 7 days? Let’s stay on topic and post positive comments that can help us all learn to destroy the stock market for our gains together!
XLM- SECOND TRY- BULLISH PENNANTThe previous trade hit the SL, and since then, we've been waiting for a solid opportunity. This idea seems promising. However, keep the SL tight and aim for the sky with your TP.
The probabilities have shifted to 50% bullish and 50% bearish, but remember, we're in a bull market. A bullish pennant is forming, presenting a potential breakout setup.
Stay disciplined, control your greed, and may the odds be ever in your favor.
Best of luck,
God bless all of you traders!
ASPIRE Egypt has a positive uptrendWeekly chart,
The stock EGX:ASPI is trading in an ascending broadening channel.
The target is the upper resisitance line R, at around 0.395, expected in 4 months.
Technical indicators RSI and MACD are supporting this positive view.
Consider a near stop loss / profit protection level - as the stock is volatile.
UPS - Delivering A Trend Continuation...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 UPS has been overall bullish long-term , trading above the orange trendline.
Currently, UPS is in a correction phase trading within the falling channel marked in black.
Moreover, the zone marked in blue is a strong demand zone and round number $100.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendlines acting as non-horizontal support.
📚 As per my trading style:
As #UPS approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Doing it AGAIN...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ETH has been bullish trading within the rising channel in red.
Currently, ETH is rejecting the upper bound of the channel, so a bearish correction is expected.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green structure and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #ETH approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Emaar Egypt is positively bullishDaily chart,
The stock EGX:EMFD has been consolidating between 7.3 and 8.7 in sideways movement. The current technical indicators RSI and MACD are signalling a positive bullish direction.
After a resistance breakout and stabilizing above 8.7 for 2 days, the target will be 10.11
Consider keeping a near profit protection / stop loss level.
JASMY did 200% Within few daysSEED_DONKEYDAN_MARKET_CAP:JASMY Update: Strong Performance 🚀
▪️ Entry Zone: $0.020 ✅
▪️ Current High: $0.06 (+200% from entry)
▪️ Target: $0.1–$0.2 (as per prior chart analysis)
▪️ Support to Watch: $0.04
Key Advice:
1️⃣ Avoid full FOMO during bull markets—always make informed decisions.
2️⃣ Book partial profits when an altcoin 2x from your entry; holding profits is a safer strategy.
3️⃣ Fresh entries in heavily pumped coins are not recommended.
Stay focused, manage risks, and trade wisely.