Pre-breakoutCall me crazy, but Barrick looks primed for a repeat. This is an actionable set-up.
TVC:GOLD $abx.to
M-oscillator
SWING IDEA - INFOBEANPrice Moving Downward, while MACD gaining momentum upward. Good chances of going up in the coming weeks.
Akropolis (AKRO)On the above 4-day chart price action has corrected over 90% since the sell signal in February 2021 (not shown). Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and multiple oscillators. Just as was with the Highstreet idea, 10 oscillators print bullish divergence with price action. This divergence occurs over a 80 day period.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
AUDJPY - 27 Year Old Resistance Breakout - Bullish ContinuationFX:AUDJPY has broken through 27 year old resistance zones and currently undergoing a retracement! Expecting the bullish momentum to continue and will capitalise by plaicing a Buy Limit Order between Daily 0.618 and 0.786 Fib Levels!
ROLLS-ROYCE HOLDINGS PLC*safe investment opportunity - low risk*
Each candle on the above chart represents 6-months of price action. You can be sure not many people are studying this time frame.
A new candle was printed at the close of 2020 following an astonishing 80% correction since mid-2014. We can see previous price action resistance from dot.com bubble is now winning strong support during the ‘everything bubble’ resulting in the printing of a Dragonfly DOJI candle. Cleary buyers were keen to get exposure to this oversold stock.
An ‘incredible buy’ opportunity is now indicated on the 10-day chart below following an oversold condition (orange column). Price action currently finds support in the bullish half of the Bollinger Band as volume increases.
A buy from 66-100p is amazing if you can get it.
OHI/SBRA: Potential Long OpportunityOHI/SBRA is showing a signal for a long position starting today, and all indicators support what appears to be a promising opportunity.
ADX: Indicates no prevailing trend in the pair.
Correlation: Remains high.
Price: Positioned in the oversold area.
I will monitor the market throughout the day and make a final decision on this trade by the day's end.
Is Bitcoin dominance on the verge of collapse?For anyone interested in crypto tokens that are not Bitcoin or Ethereum, you’ll want to give this post your full attention!
The above 10 day chart is very important for anyone speculating on alt tokens. The highlights:
1) Bitcoin dominance support and RSI support have broken market structure. That’s not my opinion, it is a fact of the chart.
2) Significant bearish divergence has printed at the breakout. Look left. (little red/green shapes). The number of oscillators printing divergence is shown. The higher the number the more significant the divergence. The divergence is measured over a period of weeks.
3) Support was held for 2.5 years (930/950 days) before the break of market structure. This is exactly the same length of time during dominance support from 2017 until 2019. Coincidence?
4) Given point 1 through 3, what happened to the alt token market from the period of November 2019 until May 1st 2021? Significant gains. See chart below.
5) This is all good news for alt tokens, right? Yes and no. In the “Alt token market to 10x” idea (link below) it was written “Not all tokens will enjoy gains in this bull run”. That remains the situation, legacy tokens such as ADA, DASH, EOS, LTC, MATIC, etc.. they continue to show no signs of supporting market structure on either USD or BTC pairs . Maybe that changes in time, but for now, no.
Ww
Alt token market November 2019 until May 1st 2021
moonphase short, conspiracy, theory FUNDAMENTALSsupposedly btc has been rugged, and all the underlying Dollar stolen back in 2009 it started all,reacumulation of stolen twins money 13 trillions USD, so can btc replace the stolen money since it all started at the same time, remember BTC is Freemasonry instrument, if u want to advise arround how to properly purchase and trade digital commodity like BTCUSDT or SHIBUSDT .private message me
PALANTIR OVERBOUGHT , big drop incommingPALANTIR was overbought in a very small timescale , 30 percent drop incomming
TrueFI (TRU) - 350% returnOn the above 4-day chart price action has corrected 75% since March. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Significant bullish divergence. Multiple oscillators print positive divergence with price action.
3) Bull flag break out with 350% target projection.
Is it possible price action prints lower highs? Sure.
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Time to act: days
Return: 350%
This Bitcoin signal has a 71% winrate.This signal purely based on RSI happened only 7 times on the daily chart history of BTCUSD.
The formula is the following:
RSI is at the 50 days lowest and is rising for 3 bars, and is lower than the 160 days RSI with 5 (as RSI value) added and RSI is below 37.5
Signal history:
3 April 2014: 46% move up
18 August 2014: fail
16 June 2018: 30% move up
27 November 2018: +200% move up
22 May 2021: 80% move up
13 December 2021: fail
26 August 2023: 173% move up
Total Winners * 100 / Total Trades = 5 * 100 / 7 = 71.4% Winrate
Average winning trade: +105.8%
Important Note: The rarity of the signal (only 7 times) induces that a small amount of backtest data, and should not be used as sole indicator in your trading.
Why I think GBPUSD Will Sell...Technical AnalysisHey Rich Friends,
Here is my technical analysis for GBPUSD on the 4-Hour timeframe. Remember to cross reference your own chart/indicators and check the news for additional confirmations. I think GBPUSD and other USD majors will sell and here is what I am looking at:
- The candles have already rejected the previous supply zone
- Tweezer top candle pattern formed. This is a bearish confirmation for me
- The Stochastic is facing down, the slow line (orange) is above the fast line (blue) and both lines have crossed below 80. These are 3 bearish confirmations on the stochastic for me
For additional confirmation:
- Wait for the current candle to cross and close below the 10 EMA (purple)
- Wait for the slow line (orange) to cross below 70
- Wait for the 10 EMA (purple) to cross above the 3 EMA (blue)
I entered at market execution and set sell limits in the highlighted areas. My SL will be at a previous high and I will target previous lows for my TPs.
Great luck if you take those trade and let me know if you have any questions.
Peace and Profits,
Cha
Is Celestia poised for a further upswing?Before it emerged as the highest gainer today, Celestia reached its lowest price since November 2023 on July 5. The price as of then was $4.78, meaning it was 80% down from its ATH.
According to the daily TIA/USDT chart, the extended decline led to a descending channel formation.
This pattern is bearish as it shows lower highs and lower lows during the period marred by a downturn and consolidation in between.
From the chart above, bulls seem to have taken advantage of the decline by creating a good level of demand between $5.06 and $6.09.
If sustained, Celestia may continue to experience a breakout to the upside.
Another look at the daily chart shows that TIA has risen above the 20-day EMA (blue). EMA stands for Exponential Moving Average, and it measures trend direction over a period of time.
If the price is below the EMA, the trend is bearish. But when it is above it, the trend is bullish. Therefore, as long as TIA stays above the threshold, the price can continue to increase.
Furthermore, the token is on the brink of breaking above the 50-day EMA (yellow) at $7.51. If bulls successfully breach this region, the next target for the token will be $8.07.
In addition, the Relative Strength Index (RSI) is at 51. The RSI measures momentum by measuring the speed and size of price changes.
Thus, since TIA’s RSI has surpassed the midpoint, momentum is bullish. If the RSI continues to rise, the value of the token may also follow in the same direction, with short-term targets between $8.07 and $9.16.
ABCDE weekly EURJPY - with manual Fibonacci projectionI used trend based Fibonacci extension to draw from high of wave A to low of wave A, then placed the 100% level at end of wave E. I'm thinking the 0% target may be reached and then I'm going to short - but I figure this will top out in a couple of weeks at 189.259 (0% level or technically 100% or sooner - RSI is right at 70). Thoughts? Especially on how I could've done this better?
WTI Crude Oil Falls for the 4th Straight DayWTI Crude Oil has been trending consistently lower dating back to Friday reverting to the $80 "magnet" that has continually attracted prices since Q4 2022.
In a rangebound market like this, traders may consider selling rallies meaningfully above $80 and buying dips toward $70, using oscillators like RSI to identify overbought and oversold markets.
-MW
$SPY July 10, 2024AMEX:SPY July 10, 2024
15 Minutes.
I need a pull back.
Oscillator divergence at play.
556-558 targets done.
Now a pull back to 553 levels is a must to sort out divergences.
I am still waiting as per marked box numbers.
JUP is about to fly nowJupiter #JUP LSE:JUP looks poised to start a rally again
Bullish divergence + 0.786 Fibonacci Level
SOL short if support $125 breaksSOL short if support $125 breaks, think this would be an interesting trade if the key support level at $125 is broken -- this is an appropriate level that needs to be kept if we're to hold
Bear Put Tesla 200/220In order to create an opportunity, after Tesla significant rise and upcoming earning announcements, end ofJuly, to make up for the current loss in the previous Bear Call 120/140, I am setting up this Bear Put for Aug (buy Put 220, sell Put 200)
Historically Warm Weather to Support Natural Gas PricesAfter the second quarter relief rally and the five-month peak, Natural Gas registered a four-week decline. This has shifted bias to the downside again, creating scope for further losses towards 1.940. However, a look at the daily chart shows that NGAS tries to react at the lower border of the Ichimoku Cloud. Furthermore, a Golden Cross (EMA50 crossing above the EMA200) has been formed, which is often viewed as a precursor of sustained growth.
This technical formation compliments the favorable fundamentals, as demand is set to increase this year, while key drillers lower their activity. Although the world shifts to renewables, Natural Gas is seen a bridge fuel facilitating this transition. Furthermore, it is heavily used in electricity generation, being the top source in the US and No2 globally. June was the thirteenth straight month of record high temperatures according to Copernicus, which can provide another tailwind for energy demand during the summer months. This in turn can increase Natural gas consumption and support prices.
As a result, NGAS can reclaim the EMA200 that would give control to the bulls and the ability to push for the June peak (3.164). The upside contains multiple technical roadblocks though and there are risks to the upbeat supply-demand dynamics.
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Past Performance is not an indicator of future results.
5th wave ending on the 4 hr? New, please roast.RSI is near overbought, GBPUSD 5th wave would've just touched the 100% fib level of the 4th wave. I'm new at EWA, please roast me. I think I'm correctly following the rules, but don't feel confident yet.
Polkastarter (POLS)On the above 3-day chart price action has corrected over 90% since the sell signal in October 2021 (not shown). Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period. The idea is a mirror copy of the LCX idea 48hrs ago.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
BarnBridge (BOND) - Bullish divergence** warning - tiny market cap **
On the above 3-day chart price action has corrected 90% since June of last year. Astonishingly sellers have returned price action back to support. Is now a good time to go long?
1) Oscillators prints bullish divergence with price action. As a matter of fact more oscillators print positive divergence than the previous time price action moved from 2 dollars to 20 dollars in less than a month.
2) Price action has returned to support. Astonishing, did every buyer of the last move sell back at a lower price?
3) Some other reasons..
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 1%
Timeframe: act now
Return: As before, around 600-700%
