Gold Short Term Bearish, Medium BullishI am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Bullish Patterns
$EFX with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:EFX after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 70%.
$KMI with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:KMI after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
$USB with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:USB after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 61.45%.
$PLD with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:PLD after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 91.67%.
$ABT with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:ABT after a positive over reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
$SNA with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:SNA after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 76.74%.
$KEY with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:KEY after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 68.75%.
USOIL BULLS ARE STRONG HERE|LONG
Hello, Friends!
It makes sense for us to go long on USOIL right now from the support line below with the target of 71.76 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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ADA Beautiful Range. Lower First!?Currently rejecting from the local POC. IMO it would make sense to test the untested daily level, VAL, GP below before attempting to move higher into September highs, untested monthly level and channel highs. #Cardano
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Great area to LONG & SHORT!We have found temporary support above the range POC. and weekly level. I'm expecting the local lows into POC to be swept then bounce back into VAH/Daily/GP, then VAL for a bounce to range highs. VAL can also get tested first.
#Chainlink
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
BTC Quick Update: Bull Flag Breakout in Sight, Targeting $80k!Hey everyone!
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Welcome to this quick BTC Update!
BTC is currently trading around $67.5k and moving within a bull flag structure on the 4-hour time frame. A breakout from this flag is still pending, and there’s a chance we might see a brief drop to FWB:65K on Monday before a breakout occurs.
Once this bull flag breaks, the target is set at $80k.
Entry Range: FWB:65K -$66k
Target: $80k
Invalidation: 4-hour close below FWB:65K
What do you think of BTC’s current price action? Are you seeing this bullish setup as well? Share your analysis in the comments, and let’s ride this wave together!
EURNZD bearish temporary to start big bullishIn general the price in uptrend, in short time it will correction to 1.7932 which is OB then retracement because it rebound two times from current resistance and didn't brook previous high.
Yo can sell from current price and stop loss 1.80879
Keep on mind if hit stop loss and then return and close under resistance sell it again with same stop loss.
PBF - Long PBF has been in an uptrend and currently has been retracing and resting at a strong support level paired with a Bullish Divergence on the Daily.
Buy Stops above 34 can be placed for a safe ride upwards.
Bitcoin Still Targeting New ATHHey there,
Just wanted to share an update on Bitcoin. Since March 2024, it has been trading within a 30% range, showing significant consolidation. I'm leaning bullish because Bitcoin has left a lot of untouched liquidity behind, and I believe it's only a matter of time before we break the all-time high.
If you've been trading the long side swings, you've likely taken profits from previous order blocks. Interestingly, most traders are ready to go long on Bitcoin above $70,000 instead of taking positions within the current range (if we break immediatly, I would also long it on my Futures Account). Personally, I'll be looking to catch two separate spot buys with different position sizes if the market breaks down. It would be great to see a new low for a better risk-reward ratio.
Best regards
Osol Solana Bearish short term, then BullishI am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
$DFS with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:DFS after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
$PPG with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:PPG after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 78.57%.
GOLD VS BITCOIN Bitcoin is often referred to as digital gold as they are both stores of wealth, but how do the charts compare?
Firstly GOLD has been around for much much longer than BITCOIN so naturally the charts are not comparable in terms of duration and that should be taken into account. Golds PA plays out over a much longer timespan to BTCs but the chart patterns are certainly similar.
We have Golds previous rally peaking in 2011 before falling with a rounded bottom, the exact same as Bitcoins structure from the last bull cycle.
Gold then steadily climbs over the HTF stalling briefly at a bearish orderblock (blue box's) which is the same as BTC. Continues to climb to reach previous ATH before distributing/accumulating with sideways choppy price action.
So cleqarly Gold and Bitcoin share a lot of similarities, where they differ in their charts is what happens after ATH and into price discovery...
Gold continued its rally for a further 32% increase once it broke out above the trend channel/ mini range at the ATH level. Bitcoin is looking to do the same and if successful, price discovery should exceed the 32% increase the gold saw because of the difference in market caps of the two assets.
Gold market cap: $18.3T
Bitcoin market cap: $1.35T
Such a massive difference in market caps means less investment is needed to create the price increase and so I believe 32% is a super conservative estimate but we'll use it as an example for comparison. That would take BTC up to ~$92,000, a more than doable move IMO.
AUD/USD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
AUD/USD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 17H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.674 area.
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NZD/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
We are going long on the NZD/USD with the target of 0.610 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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USD/CAD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
It makes sense for us to go long on USD/CAD right now from the support line below with the target of 1.384 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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