RUNE/USDT – Oh man... maybe up :)?The RUNE/USDT pair has seen a significant drop recently. That was sad.
Despite the decline, the MACD indicator is showing a bullish divergence, which could signal a reversal.
Main support and breakout zone to further decline is at 0.94 and possible take-profit zone around 1.95. I am hoping to reach 1.95 in this, maybe next week. What will happen next? Bitcoin will tell us.
Things look promising because of low activity in price action recently... something is about to happen.
M-oscillator
Long Trade: Kaspa vs Ethereum Daily ChartFG-Histogram turned green and into the positive zone, as well as Bullish Divergence established on the daily.
Previously, a bearish divergence with the FG-Histogram subsequently turning orange marked the start of the dump in September 2024.
Have been slowly DCAing more into KAS from ETH within the golden pocket again, while setting stop limit below the 65% retrace level.
JPM - Biggest bank in the US with good upside potential?Hi guys, we are taking a look into the Biggest US Bank. Recently their catch on and join forces into participating with AI gives a positive up-beat for their business additionally,
JPMorgan Chase continues to solidify its position as a global leader in financial services, showcasing exceptional financial health and a promising outlook. With a well-diversified portfolio and a consistent track record of strong performance, the company is a beacon of stability and growth in the industry.
The leadership at JPMorgan Chase has demonstrated an unwavering commitment to innovation and strategic planning. Their investments in cutting-edge technologies, such as AI-driven solutions and digital banking platforms, position the company to thrive in an increasingly digital economy. Moreover, their proactive approach to sustainable financing and environmental initiatives highlights a commitment to a forward-thinking and socially responsible future.
What stands out most about JPMorgan Chase is its ability to adapt to evolving market dynamics while maintaining robust profitability and delivering value to shareholders. This resilience, combined with their global reach and customer-focused services, ensures they remain at the forefront of the financial industry.
For investors, clients, and partners, JPMorgan Chase represents a secure and dynamic choice, offering both stability and exciting opportunities for growth. The future is undoubtedly bright for this financial powerhouse.
My entry; 238
With a positive target: 285
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
COSTCO - Time to break above and beyond the All time HighHi guys , today we are going to overview one of the retail giants COSTCO.
Fundamentals :
Revenue Growth and Profitability :
Consistent Revenue Growth: Costco has demonstrated steady revenue growth, driven by an expanding membership base, increased same-store sales, and international expansion.
Profit Margins: While Costco operates with low gross margins due to its focus on low pricing, its operating margins benefit significantly from recurring membership income. This structure ensures financial stability even in competitive environments.
Financial Health:
Balance Sheet Strength: Costco has a strong balance sheet with manageable debt levels and ample liquidity. Its ability to generate robust free cash flow supports both operations and shareholder returns.
Dividend Growth: Costco pays a reliable dividend, which has seen consistent growth over the years. Additionally, the company occasionally issues special dividends, highlighting its commitment to returning value to shareholders
Valuation Metrics:
Price-to-Earnings (P/E) Ratio: Costco often trades at a premium valuation compared to peers due to its consistent performance and strong brand equity.
Price-to-Sales (P/S) Ratio: Reflecting its robust revenue generation capabilities, Costco’s P/S ratio is higher than the retail industry average but supported by predictable growth.
And some potential risks : Thin Margins: Costco’s low-margin strategy leaves little room for error, and rising costs (e.g., labor, logistics) could pressure profitability.
Economic Sensitivity: While generally resilient, Costco could face challenges if economic conditions significantly impact discretionary spending or if competition intensifies.
Foreign Exchange Risk: With international operations, Costco is exposed to currency fluctuations that could affect earnings.
Technical analysis : The company has been running on a very healthy uptrend throughought 2024 and has had 4 green earning seasons which gives a positive bullish trend conversion,with analysists focusing on another green earnings in their Q4 report this gives us the necessary confirmations for a up-trend:
Entry has been made at : 921
Target will be above the ATH : 1030
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
AUD/USD: Battle at .6262 – Bounce or Breakdown Ahead?AUD/USD is testing minor support at .6262 following a failure to break the 50DMA. Whether it holds this level may determine which direction it takes later in the session.
If the price can’t break .6262 convincingly, longs could be established above with a stop beneath for protection. The aim would be to see a retest of the 50DMA with a break of that level opening the door for a run towards .6337.
However, a clean break of .6262 could see the setup flipped, with shorts placed below the level with a stop above for protection. .6170 screens as one possible target with .6088 the next after that.
Momentum indicators are providing mixed signals with RSI (14) trending lower while MACD has resumed its climb higher. Based on price action earlier in the week, a bullish bias is marginally favoured overall.
Good luck!
DS
Comcast Wave Analysis – 5 February 2025
- Comcast reversed from key support level 32.50
- Likely to rise to resistance level 35.00
Comcast recently reversed up from key support level 32.50, which stopped the previous sharp downward impulse wave at the end of December.
The support level 32.50was further strengthened by the lower daily Bollinger Band and by the support trendline of the daily down channel from November.
Given the oversold daily RSI indicator, Comcast can be expected to rise to the next resistance level 35.00.
SOXL Has Room to Run?This one has a double bottom look, with a higher low, and another 4% remaining to hit take profit enroute to retesting the neckline before breaking out (another 8% from here) or balance and fail! Stop loss of 5% is pretty steep, so typically I either lower my position size or stop loss. Even at 4% stop loss, according to backtest results this wins more than it loses and has done pretty decent in the past, as I have been forward testing this model for over the past 18 months and profiting from over 100 different equities that I signal on.
The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes! SOXL and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off). Check out my script, as I am always looking for people to help test and I am always interested in feedback...
EUR/AUD: Testing Uptrend Support After December High RejectionEUR/AUD has pulled back after failing to clear the December highs, bringing it within touching distance of uptrend support. With the 50-day moving average just below, it provides a bullish setup.
Longs could be initiated above the uptrend with a stop below the 50DMA for protection. It would be preferable to see the price test and hold the uptrend before initiating the trade. 1.6800 screens as a potential target.
Good luck.
DS
EURCAD Aggressive Trade with Potential for Huge GainsI'll keep this short and to the point -
Technical Outlook:
Price recently hit a ceiling which has historically served as resistance (1.51750) , however we have been in an uptrend since late 2022. In Nov 2024 we saw bulls rally at strong levels of demand and continued to drive price upwards, creating a demand feed which price reacted off more recently (as shown on the chart).
Once price reached the ceiling level, it took a nose dive UNTIL we saw it decelerate at the latest demand feed, which could potentially have a trove of resting orders ready to be filled.
Trading Considerations:
I will be keeping an eye on the 15m chart during London and NY sessions for bullish momentum to take hold. As it stands right now, a break above 1.49050 would be early signs to get involved. This can always change as new structure is formed on the LTF's but we are deep in discount territory. Watch for liquidity build up and volume to understand which LTF demand levels could hold during high volume sessions.
Final Notes:
As added confluence, this pair is currently oversold on the RSI.
While navigating the LTF's make sure to adapt to changing conditions.
Again, this is another trade which could potentially turn into a swing position (provided demand holds, we could see an upward move that finally breaks the ceiling).
While the Euro continues to weaken against the USD, the Loonie should be able hold its own during this ongoing trade war (based on the fact that they've not just rolled over and do have some fight in them).
We get to witness these scary times unfold - and it makes trading that much more exciting!
Happy hunting predators!
Apex out!
OANDA:EURCAD FX:EURUSD OANDA:USDCAD
GBP/NZD - Reaching a weak resistance area , time for corectionHi guys , we are looking into GBP/NZD - it has had a very good uptrend the past few weeks, and it reached a very weak resistance area, which is giving us the indication that a correction is due.
Currently on 1H and 4H we reached high over-bought area with close to 0 support to remain at this price.
Entry: 2.19630
Target 1: 2.19100
Target 2: 2.18400
SL : 2.20200
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
AMBUSDT: Will a Bullish Reversal Happen?Yello, Paradisers! Are you ready for the next potential move on AMBUSDT?
💎AMBUSDT is looking strong after a healthy retracement and has now entered the oversold zone—an exciting development for traders.
💎Currently, the price is approaching a critical support zone and showing signs of bullish divergence, which increases the likelihood of an upside move. However, confirmation is key before jumping in. Here's what we’re watching:
💎Scenario 1: For confirmation of a bullish move, we need to see a bullish I-CHoCH (Internal Change of Character) on the lower timeframe once the price reaches the strong support zone.
💎Scenario 2: Alternatively, a breakout and candle close above the resistance trendline with proper volume will also confirm bullish momentum.
💎However, If the price breaks down and closes candle below the strong support zone, the entire bullish outlook will be invalidated. In that case, patience will be key—we’ll wait for a clearer price action setup to form before making any moves.
🎖Remember, Paradisers, trading isn’t about rushing in—it’s about disciplined, calculated decisions. Waiting for the right confirmation can save you from unnecessary losses and keep you on track for long-term success. Stay focused, stick to the plan, and trade smart!
MyCryptoParadise
iFeel the success🌴
NZDJPY BULLISH POTENTIAL Harmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Why I Think USDJPY Will Buy This Week...Technical AnalysisHey Rich Friends,
This is a technical analysis of USDJPY. I encourage you to check the news and cross-reference your own charts and indicators before taking any trades.
I think USDJPY will be buying this week, and here is what I am looking at:
- The candles have started to cross and close above the 200 EMA. When candles are above an EMA, it tends to act as an area of support and confirm a buying trend. You can and should backtest this.
- The STOCH is facing up, the fast line (blue) is above the slow line (orange) and both lines have crossed above 80%. This is a strong bullish confirmation for me.
- I have a few potential TPs and buy stops set at previous highs in case the market does continue to push up, my SL will be a previous low.
If this makes sense or you agree, let me know down below in the comments.
Peace and Profits,
Cha
Why I Think Gold Will Sell Before it BuysHey Rich Friends,
Happy New Year! This year, I will be posting more Gold Analysis videos that will be just like my Forex ones. If it is helpful, and you learn something, you can follow me here :)
After reaching an all-time high last week, I think Gold will be retesting lower levels before it continues to buy. Here is what I am looking at:
- The market hit a swing high at 2817.09 before it started to sell and create lower highs at 2806 and 2791.
- Structure was broken on the downside at 2785 triggering my first sell stop.
- The STOCH is facing down, the slow line (orange) is above the fast line (blue), and both lines have crossed below 80% and 50% making this a strong bearish confirmation for me.
- I believe that the next levels to be hit will be 2775, 2770, 2760 and potentially as low at 2746 if it closes below the 200 EMA.
Now overall, Gold is on the up and up but that doesn't mean that we cannot make money on shorts. I encourage you to check the news, cross reference your own charts and indicators and make the best decision for your account!
Peace and Profits,
Cha
Rising Wedge Break Puts January Lows on RadarHang Seng futures have broken out of the rising wedge formed since early January, leaving them vulnerable to downside.
Bulls stepped in ahead of the 50DMA earlier today, paring losses, but price action into the close could be key in determining near-term direction.
Momentum signals are mixed—RSI (14) has broken its uptrend, but MACD has yet to confirm.
A slide into the close could open the door for shorts targeting a retest of the January swing low, with the 50DMA and minor support at 19,430 found in between. A stop above Monday’s high would provide protection.
Good luck!
DS
USD/JPY Breaks Out Putting 2025 Highs In PlayUSD/JPY has broken out of its falling wedge, as convention would suggest. After a prolonged coil, the move could be sharp with swing highs at 156.76 and 158.88 now in focus.
Bulls could buy the breakout, placing stops below either the 50-day moving average or the January 27 low, depending on risk tolerance.
Momentum signals are mixed—RSI (14) has broken its downtrend, but MACD has yet to confirm.
With trade war risks weighing on sentiment, USD/JPY’s upside may hinge on strong US dollar momentum and rising Treasury yields—key drivers in recent weeks. Risk management remains critical in this volatile environment.
Good luck!
DS
Gold - XAUUSD Next Week Expected Price Prediction.I am sharing here, the Gold - XAUUSD Next Week Expected Price Prediction.
This H4 Order Block is very important, there will be decided for further movement.
Disclaimer:- It's not financial advice, it's just for educational purposes.
Do your analysis, before taking any trade on your real account.
The #1 Altcoin To Trade Right NowAm so exhausted from yesterday
because i was studying the financial markets for
2 hours straight!
Its not an easy journey to understand this stuff
Now look at this crypto pair KUCOIN:TELBTC
I chose this one because its backed by Bitcoin
the challenge am having with
USDT is that most of them
involve margin trading
and I don't think that's a good strategy for
crypto trading
As you can see on this chart there is
a buy limit order not market order
this will help you with risk management
trading and to keep your risk
to a low point
Based on the 200% performance in the past 3 months
this crypto might give approximately
a 50% monthly performance return
of course, am not promising this but its
just an idea that am using
if you want to learn more Rocket boost
this content
Look again at the chart you will see
a strategy called the rocket booster
strategy
This strategy has 3 steps:
The price has to be above the 50 EMA
The price has to be above the 200 EMA
The price has to gap up
What we want to is to buy
at the lowest point on support levels
before the last step happens
This is the key to the last step
Remember to rocket boost this
content to learn more.
Disclaimer: Trading is risky
please learn risk management and profit-taking strategies
before you risk your real money
also use a simulation trading account
before you trade with real money
OMNOM. Bifurcation point. Time to buy for moonshot.If we take $OMNOM time periods - distribution cycle is currently going and probable peak in fall of '25. Price has fallen more than 90% from March '24. Several big wallets have $TRUMP fomo, so there's plenty LP to form a big position without any moving. Do it before it's too late
Dow Jones index Wave Analysis – 31 January 2025
- Dow Jones reversed from strong resistance level 45000.00
- Likely to fall to support level 44235.00
Dow Jones index today reversed down from the resistance area located between the strong resistance level 45000.00 (which stopped the previous multi-month uptrend in November) and the upper daily Bollinger Band.
The downward reversal from this resistance area will most likely form the daily Bearish Engulfing – if the price closes today near the current levels.
Given the strength of the resistance level 45000.00 and the overbought daily Stochastic, Dow Jones index can be expected to fall to the next support level 44235.00.
Understanding RSI In TradingThis article takes a deep dive into the Relative Strength Index (RSI), a powerful tool for traders at any level. We’ll break down how RSI works, how to interpret it, and how to use it effectively in your trading strategies. Plus, we’ll touch on the math behind it. Whether you’re a seasoned pro or just getting started, this guide will give you the insights you need to make RSI a valuable part of your trading toolkit.
Understanding Oscillators in Trading
An oscillator is a technical indicator that moves between two extremes, usually ranging from 0 to 100. Traders use oscillators to spot overbought and oversold conditions in the market. An overbought signal suggests that excessive buying has driven prices too high and may not be sustainable, while an oversold signal indicates the opposite—excessive selling that could lead to a potential rebound. By tracking these price oscillations, traders can anticipate trend reversals and make more informed decisions.
Key Functions of Oscillators:
Momentum Analysis: Oscillators gauge the speed and strength of price movements, offering insights into an asset’s momentum.
Volatility Detection: They help identify periods of high or low volatility, enabling traders to adjust their strategies accordingly.
Trend Confirmation: When combined with other technical indicators, oscillators can validate or reveal emerging trends in the market.
Introduction to the RSI Indicator
The Relative Strength Index (RSI) is a momentum-based technical indicator used to assess the strength of recent price movements and identify overbought or oversold conditions in an asset. It helps traders spot potential trend reversals by oscillating between 0 and 100. An RSI above 70 suggests the asset may be overbought, while a reading below 30 indicates it may be oversold.
By the end of this, you'll be an RSI expert!
Interpreting RSI Readings
RSI values above 70 suggest that an asset is overbought, meaning it has likely experienced a sharp price increase and may be due for a correction. On the other hand, RSI values below 30 indicate that the asset is oversold, implying a steep price drop and the possibility of a rebound.
However, it's important to remember that RSI isn't foolproof and can occasionally give false signals. To increase accuracy, it's best to use RSI in combination with other technical indicators and fundamental analysis.
Overbought: An RSI reading above 70 signals that the asset may be overbought and due for a correction. This could present a potential selling opportunity, but traders should be cautious, as false signals can occur.
Oversold: An RSI reading below 30 indicates that the asset may be oversold and due for a rebound. This can signal a potential buying opportunity, but again, traders should be cautious of possible false signals.
Divergence: Divergence happens when the RSI moves in the opposite direction of the price. For instance, if the price makes new highs while the RSI forms lower highs, this could point to a potential trend reversal.
Support and Resistance: The RSI can also help identify support and resistance levels. If the RSI consistently bounces off the 30 level, it may indicate a support level. Conversely, if the RSI repeatedly fails to break through the 70 level, this could signal a resistance level.
RSI and Divergence
Divergence happens when the RSI moves in the opposite direction of the asset's price, often signaling a potential trend reversal. For example, if the price is hitting new highs but the RSI forms lower highs, it could indicate a bearish divergence, suggesting a possible sell signal.
A common example of bearish divergence is when the price of an asset makes higher highs, but the RSI forms lower highs. This suggests weakening buying momentum, even as the price continues to rise. It can be a sign that the uptrend may be losing steam, with a reversal to the downside potentially on the horizon.
On the other hand, bullish divergence occurs when the price is making lower lows, but the RSI is making higher lows. This indicates that selling pressure is subsiding, and the asset may be primed for a rebound to the upside. Traders can use this pattern to time their entries for long positions.
RSI divergence can help traders identify overbought or oversold conditions, enabling them to make more effective decisions about entry and exit points. However, divergence should always be used alongside other technical and fundamental analysis for confirmation before acting on the signal.
Calculating the RSI Indicator
Calculating the RSI is straightforward once you break it down. The goal is to determine the average gains and losses over a set period, typically 14 days. This helps assess the strength of price movements and identify overbought or oversold conditions. While the math may sound complex, understanding the formula is key to using the tool effectively.
The RSI formula is:
RSI = 100 - (100 / (1 + (Average Gains / Average Losses)))
This calculation provides valuable insights into the relative strength of an asset’s price movements.
Factors Affecting the RSI Calculation
The RSI calculation can be influenced by several factors, with the length of the time period being the most significant. A shorter period (e.g., 5 days) results in a more volatile RSI that responds quickly to price changes, while a longer period (e.g., 20 days) creates a smoother RSI, filtering out short-term fluctuations. The ideal time period depends on your trading style and the volatility of the market you're analyzing.
Why the RSI Indicator is Powerful
Identifies Overbought and Oversold Conditions: The RSI helps traders recognize when an asset is overbought or oversold, allowing them to time their entries and exits more effectively.
Detects Divergences: Divergences between the RSI and price can signal potential trend reversals, giving traders an early warning to adjust their positions accordingly.
Flexible and Customizable: Traders can adjust the RSI’s period to match their trading style and the specific market conditions, making it a highly versatile tool for technical analysis.
Widely Adopted and Well-Understood: The RSI is one of the most popular technical indicators, with a wealth of resources and analysis available to assist traders in interpreting its signals.
Practical Application in Real Life
Here are a few effective strategies where RSI can be combined with other technical indicators for a more comprehensive analysis:
Example 1: RSI + Support/Resistance + Moving Averages
Scenario:
You are analyzing a stock that has been in an uptrend, with the price currently approaching a key resistance level at $100. The 50-period moving average is also trending upwards, confirming the bullish trend.
The RSI is at 75, indicating an overbought condition.
As the price nears the resistance level, the RSI starts to flatten, suggesting the upward momentum might be weakening.
You wait for the price to fail to break above the $100 resistance level and the RSI to drop below 70, signaling a potential reversal. This provides a clearer sell signal, as both the price and RSI align with the idea that a correction could be coming.
Why this works:
By using both RSI and moving averages with support and resistance, you have a solid confirmation of the potential reversal, as it combines trend analysis with overbought conditions.
Example 2: RSI + SFP (Swing Failure Pattern) + Price Action
Scenario:
You’re monitoring a currency pair that recently made a new low, breaking through a previous swing low at 1.1500. However, the price quickly reverses and fails to sustain the breakdown, bouncing back above the previous low, forming an SFP.
At the same time, the RSI is below 30, but it starts to turn upward, forming a bullish divergence (higher lows on the RSI while the price makes lower lows).
This divergence and the SFP setup suggest that the selling pressure is decreasing, and a potential reversal to the upside could be imminent.
Why this works:
The Swing Failure Pattern highlights the false breakdown, and the RSI divergence confirms that momentum is shifting. This combination increases the likelihood of a successful trade when entering on the potential reversal.
Key Takeways
The RSI is an essential tool for traders looking to spot overbought or oversold conditions and potential trend reversals. By mastering how to interpret RSI readings and incorporating them into your strategies, you can improve your decision-making and potentially boost your trading results. For a more balanced approach, always use RSI alongside other technical indicators and fundamental analysis.