Prediction for Jackson Hole (Fed) Announcement 🏛️ Chairman Powell will be speaking Friday 10am EST.
Leading up to these speeches, BTC has fallen ↘️ then rose strongly ⬆️
We like BTC for more upside, but there could be some regression leading up to this event.
If Powell says something unexpected, it will lead BTC & Equities to fall heavily for the weekend.
🕊️ - WE PERSONALLY FEEL - 🕊️
Powell will speak more softly on the economic state. Leading to a strong outcome for BTC & Equities
Equties
AMZN D1 - Long SetupAMZN D1
Again, a very similar structure to what we are expecting with the DCA entries in the Crypto space, $3180 initially and then between that $3000 and $2950 support region.
All details and explanations included in the US stock rundown posted above. With these US stocks there are measurable trading opportunities for swing positions, but also long term investment holds.
VINCI SA (DG.pa) bullish scenarioThe technical figure Flag can be found in French company Vinci S.A.(DG.pa) at daily chart. Vinci, corporately styled VINCI, is a French concessions and construction company. Vinci is listed on Euronext's Paris stock exchange and is a member of the Euro Stoxx 50 index. The Flag has broken through the resistance line on 29/07/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 9 days towards 92.93 EUR. Your stop loss order according to experts should be placed at 85.15 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SocGen (GLE.pa) bullish scenarioThe technical figure Channel Down can be found in French company Societe Generale (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a French multinational investment bank and financial services company headquartered in Paris, France. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking, Financial Services, Corporate and Investment Banking, Private Banking, Asset Management and Securities Services. The Channel Down has broken through the resistance line on 27/07/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 11 days towards 25.815 EUR. Your stop loss order according to experts should be placed at 22.820 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SPX Bullish Correction for Higher?Here is my first scenario for the current market condition with about a 30-day outlook. It's probable that we started a new 5 wave cycle off the pandemic low and are now in the 4th wave correction. We also have bearish rsi divergence at play on the daily. I do have an alternate scenario that would far more bearish than this one. If I have time and this idea gets some likes and traction I'll post the second scenario. Or, if you would like to see it then ask in the comment section.
US30 H&S on Daily Chart? Head and Shoulders could be forming at the daily chart . A lot of noise surrounding US economy. China trade war was already bad news for the currency and then Mexico talks this weekend. After bad month opening for the equities market. I will be expecting a retracement back to the neckline caused by oil rise and then short. What do you think? Is it a valid formation?