POLYX Buy Signal Given!Trading Fam,
It’s been a bit slow recently so I thought I’d throw out a free alert just to keep you all in the game. We’re getting close to another run here soon. I know, it feels like I have been saying this for weeks. I have. Trading often involves extreme patience. In our case above, POLYX has given us not one but two green dots from my Dots and Blocks indicator inside the liquidity block. This gives me a special confidence that this coin is going to run soon. I would target that double-top at .435, take some off, and let the rest ride.
Best of luck. Hey, if you do enter this trade and make some cash, be sure to come back here and let me know in the comments. I love it when my followers find profits.
✌️Stew
Chart Patterns
US30The US30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the performance of 30 large-cap companies listed on the New York Stock Exchange (NYSE) and the NASDAQ. These companies are leaders in their respective industries and are considered to be a representative sample of the US economy.
The US30 is a price-weighted index, meaning that the companies with higher stock prices have a greater influence on the index's value. The index is calculated and maintained by S&P Dow Jones Indices.
DX (US Dollar Index):
The US Dollar Index (DX or DXY) is a measure of the value of the United States dollar relative to a basket of six major currencies:
1. Euro (EUR)
2. Japanese Yen (JPY)
3. Pound Sterling (GBP)
4. Canadian Dollar (CAD)
5. Swedish Krona (SEK)
6. Swiss Franc (CHF)
The DXY is a weighted geometric mean of the dollar's value relative to these six currencies. The index is calculated and maintained by Intercontinental Exchange (ICE).
IMPORTANT INFORMATION FOR TRADERS;
Correlation between US30 and DXY:
The correlation between the US30 and DXY is generally negative, meaning that when the US dollar strengthens (DXY rises), the US30 tends to decline, and vice versa. This is because:
1. Export competitiveness: A stronger dollar makes US exports more expensive, which can negatively impact the earnings of US companies and, in turn, their stock prices.
2. Commodity prices: A stronger dollar can lead to lower commodity prices, which can negatively impact the earnings of companies in the commodity sector.
3. Interest rates: A stronger dollar can lead to higher interest rates, which can increase borrowing costs for companies and consumers, potentially negatively impacting economic growth and stock prices.
we need price to push into supply and we sell off us30
AFG INTEREST!BYBIT:AFGUSDT
I'd appreciate if someone could give me more of an insight on what the future holds for this coin wether i should leave a % on after my initial trade for the long run but just need more clarification on what the visions are for this company. COMMENT BELOW
For now, the respectful price of succeeding in the trade is approx. 0.006177..
It does look great to go in now but "If it looks good, Don't do it."
HES Long Term Short to start TRUMP presidencyIMO the uptrend that HES has been on since Biden was in office and gas prices skyrocketed has been exhausted and come to an end. I believe the overall downtrend starts with the potential lowering of gas prices due to Trump energy policies. The technical indicators noted on the chart strengthen my opinion. If you have a different view or opinion, please let me know.
So Lets start.
The uptrend started in the beginning of November 2020. Notice 3 shaded boxes on left.
Chart pattern has double bottom
RSI is oversold, bounces up, comes back but stays above 30
MACD line breaks above the zero line
Notice the uptrend is sustained as price finds support when RSI would go into the 40-50 range
(long yellow shaded rectangular box)
The chart has a double top at the 161 area where RSI goes overbought comes back then holds below 70 signifying possible reversal. RSI keeps going down through the 40 RSI support level that held for 4 years. In that same time RSI goes below 40 MACD breaks below zero line.
After the price bounces back, notice it finds resistance and a double top at the 151.6 area and the RSI holds between 50-60 (red shaded box) levels signifying resistance for a continued downtrend.
NOTE HES has earnings on 1/29 which they have crushed this year. I dont see Dec being any different. I feel we get a pop where I will find an area to go short. SL will be above 162. I will have another entry below the blue trend line and or if it closes below 200 MA
NQ BullishWe saw this short week with CPI having an expansion and changing the delivery.
Daily Ob tapped into on wenesday with thurdays expansion.
Looking for next weekly candle to open low and high close for the end of the week. OLHC.
Bullish monthly candle completing the 3 bar expansion.
Volatile week ahead of us.
Yearly, monthly, weekly, daily all are support for bullish price action to external range.
Entry model would be on the m15 into the weekly CSD
USDT.d - What if we getting rick rolled?Hi guys.
The most charts in here what i see is a dropping usdt.d what will bring the flavor for the market to the upside.
But what if getting rick rolled and will see a huge dump?
I expecting a stock market crash soon depens on some metrics. (SP500 can be going nicely down, like other stocks).
This ecomoic/financial crash will also dump crypto, and usdt.d can rise up to 5% and bring us 30% downwards on btc and other coins.
For myself, both 2 scenarios are possible. Its risky actuall.
BTC, long or short? It could go either wayTriangle pattern on the Daily. Clearer on the 4hr. A bit choppy on the 1hr, 45 and 15min as would be expected. Pretty much respects 0.236 and 0.785, and more recently 0.5 and 0.618 Fib levels. I’m expecting an early morning breakout to the upside at the start of the week with $109k in sight. Chances are, if enough retail think it’s breaking out to the upside, price will probably flush out shorts with a strong wick up then liquidate longs on the way to $97,2k region. On the back of Trump signing crypto related executive orders, it might be assumed bullish news for the of N.Y open, but this is as much psychology as it is TA and FA. Keep your stops tight or sit this one out?
Fulton Financial Corp Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Fulton Financial Corp Stock Quote
- Double Formation
* A+ Set Up)) At 13.00 USD
* ABCDE Triangle & Entry Bias | Subdivision 1
- Triple Formation
* 22.50 USD | Area Of Value | Subdivision 2
* Numbered Retracement | Neutral Bias | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
NVE Corp Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# NVE Corp Stock Quote
- Double Formation
* 85.00 USD | Area Of Value | Subdivision 1
* No Trade)) | Pattern Reversal Invalid | Subdivision 2
- Triple Formation
* (Consolidation Argument)) At 90.00 USD
* ABC Flat Wave Count | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Pre-FOMC Week - Bullish run on the EUR/USD & GBP/USD....Like last week's video analysis, I'm currently holding long positions on the EUR/USD and GBP/USD. I'm expecting strong movements in the coming week due to FOMC and Interest Rate Policy.
The ETF SOXL, has been running well although Friday dumped pretty hard but long positions remain solid. I'll remain diligent in observing the price action this week and hopefully book a good 90% profit so far for the 1st Quarter of 2025.
EUR/USD:
•1.0265
•1.0416
•Target: 1.06000
GBP/USD:
•1.2209
•Target: 1.2600 or 1.2700
ETF SOXL:
•$29.01
•Target: $36 or $40
Good Luck. Trade Safe.