NZD/CAD Buy Opportunity Our market update already hit TP on NZD/CAD before with the sell position, which played out well. Now, we're shifting gears with a BUY possibility!
Entry: 0.82530
Take Profit: 0.84505
Stop Loss: 0.81089
This setup is based on a careful analysis of the current market conditions. As always, trade responsibly and manage your risk wisely! This is not financial advice.
Moneyprinting
$MBLY MASSIVE SHORT SQUEEZE / SYMMETRICAL TRAINGLE BREAKOUT!!!!!NASDAQ:MBLY IS 31% SHORTED AND HAS A SHORT FLOAT OF 16-17% ON THE SHARES OUTSTANDING!
WE ARE GEARING UP FOR A MASSIVE SHORT SQUEEZE ALONG SIDE SYMMETRICAL TRIANGLE BREAKOUT!!!
Mid-September Playout = Mid-October 11 DAY SETUP!
- Bounced off 25/50 SMA AND started a Symmetrical Triangle.
- Ran 17.8% into 200MA Resistance
- Pulled back 7.05%
- Bounced off 50MA, Ran 19.33%
- Pulled back 14.37%
- Then Ran 25.77% BEFORE GIVING IT ALL BACK DOWN TO SYMMETRICAL TRIANGLE BOTTOM
These price targets (PT) and pull backs (PB) are based off Mid-September Playout and a breakout of the Symmetrical Triangle pattern!
UNDERSTAND! WHEN THIS THING BREAKS UPWARD OUT OF THE SYMMETRICAL TRAINGLE WE COULD HAVE AN EPIC SHORT SQUEEZE HIGHER TO $20+ !!!!!
Also, there is a GAP to fill at $20.01 if you want to play the longish game on this one!
PRICE TARGETS AND PULLBACKS LISTED BELOW:
PT1: $13.77
PB1: $12.80
PT2: $15.27
PB2: $13.07
PT3: $16.45
PB3: $13.15
Not financial Advice! Good luck!
A 3 year-sized F. Bull FlagSilver gives the main message on the chart. While financial powers shifting from west to east, all the precious metals will be very important to state the power of any currency like in the old days. No more money printing like no more tomorrows. Otherwise the money will turn to a meaningless paper due to inflation. Gold is already shining but silver, oh my silver. When we break this f. bull flag, we will see 26 and 32 quickly. Silver will move way faster than gold. Look at the XAUXAG ratio. Historical median point is around 32 where it is above 80 nowadays. Stock your precious metals at home, buy more rings to your significant one or get some silver spoon and forks. The real money will take the power again!
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BTC vs Money Supply updated 2022 (logarithmic)reviewing from my older chart that tried to make sense of the last the last ATH from Bitcoin against the money supply (money printing)
can clearly see it broke the previous support price and is still struggling to get above even with all this 'extra' money floating around
many big financial companies are liquid right now, there is plenty of opportunity from the crypto markets as a whole, trillions are waiting, maybe some price manipulation too, trying to get cheaper bitcoins of course!!!
KEEP watching this chart, if it goes under the diangoal support line ive added then certainly question your crypto holdings and adjust accordingly as lower prices will be sure to come, if we can stay above that trend line support and get back above the old $20k 2017 ATH then we could see a nice drive up towards new highs
ill do a normal version of this (not logarithmic) very soon
any questions please ask!
Swiss Franc / US DollarThis is another specific position against the inflation happening in the US Dollar .
Betting against the US Dollar in a "safe-heaven" currency as the Swiss Franc is considered as such.
The total money supply of the US Dollar went from 4 trillion dollars in 2020 to currently over 6 trillion dollars. I have nothing to add here.
Depressive times need a little bit of imaginativeness when it comes to investing, particularly important is the awareness of future changes in the FED's monetary policy, whether dramatically polarizing events will occur or not and how this as a whole will have an impact onto the markets for the next years.
DXY AND BTC CORRELATIONDXY just broke to the upside out of a bull flag and did a S/R flip. This is correlated to the FED news last week and last week.
BTC broke to the downside when the FED news came out.
I have my buy zones no matter the outcome because as an investor I am focusing on projects to disrupt the world.
As a investor I am focusing on the long term 2024-2030.
But it is great to see how the markets act as a trader and act as a investor.
Not Financial Advice.
VIX hitting short term price targetVIX has hit my short term price target of $25.
With all the fundamentals of money supply, let see how the market reacts now with some easing in QE.
I hope this coming crash will be a lesson Central Banks, but I doubt it....
Lets sit back and what the volatility bubble up!
Boom,
TheRaggy
Price has reached to critical zone, highest level since 2018As oil and gasoline prices spike in the world, Canadian dollar is getting stronger again. Right now, as you can see on CAD/JPY chart , price has entered the critical zone again. This is the forth time since 2017 that price reaches to this zone. Price behavior is very important here. Will gas, oil and commodities help Canadian Dollar to get stronger , break the zone and goes back to its wonderful days on 2014-2016 ? On the other side, Justin Trudeaus government is facing with a massive deficit, highest inflation rate since 2003 and vast volume of money printing which have made Canadian Dollar weaker than ever. Will positive factor overcome negative factors?
BTC/USD resist support long setup 4h INFLATION CORRECTED CANDLESDISCLAIMER: THIS IS THE SAME IDEA AS I POSTED EARLIER TODAY, HOWEVER CONSIDERING US DOLLAR INFLATION. PRICE VALUES ON THIS IDEA ARE RELATIVE AND SHOULD BE COMPLETELY DISREGARDED. ONLY THE SHAPE OF THE CANDLE MACROSCRUTCURE IS RELEVANT IN THIS IDEA, AND FOR LONG ENTRIES AND EXITS LOOK AT MY PREVIOUS IDEA.
The bitcoin price could pump soon and bounce between the resistance and supports areas.
Drawn on the chart is 1h/4h identified significant resistance and support lines.
Purple boxes are strong resistance support, blue boxes are weaker resistance support.
The proposed long positions have very tight stop losses, and very loose take profit, so the risk reward ratio is advantageous.
The longs could be made as four individual longs, or as one single long, where profit is taken at the four different indicated levels.
If a single long is opened, the first take profit should ideally be closing the vast majority of the position. possibly up to 80%, and the next take profit should be 80% of the remaining position and so on.
A fib extension is shown from the recent low, to the current local top price, fitting somewhat well with the historic resistance and support lines.
S&P 500 LONGAs what should be no surprise, the S&P 500 has found itself on the verge of breaking bullish out of another bearish ascending channel.
Typically, when price action breaks bullish out of a bearish pattern the moves are very powerful.
This brings us to exhibit A on the weekly chart. A decisive breakout occurred last week and now this week currently looks to be attempting to confirm a full body candle close with a confirmed backtest of the upper channel support just for good measure. And if it holds, SPY could run up in price double digits of percentages to the nearest fib extension at 483.79 approximately.
The second half of the year might be a big one for equities overall, and the technicals (at least short to medium term) seem to be reflecting that.
Ethereum: Nice correction and rebuying sub $3000 May 2021Panic selling creates a wonderful trade. Investors should think twice about investing in crypto if they are concerned about volatility. There's significant forces at play.
Medium to long term bullish. Short term, there might be more buying opportunities lower.
BTC price adjusted for money supply did't even hit its ATH yet!I took a closer look at the difference between the BLX/M1 chart and the standard BLX one.
I specifically looked at the times the price of BTC definitively crossed its previous ath. The difference between those charts in previous bull runs is minimal. In terms of time difference its 7d and 28d respectively and an about 30% to 40% difference.
BUT this time around we are actually still not at the actual ath (meaning in the M1 adjusted chart) while the classic BTC/USD price is way past its all time high. More than 300% of the USD gains are kinda fake.
We would need to hit around 100k $ to have a true ath.
Previously I estimated the BTC price to top out at between 200k-280k, but if you take all that into account I could see BTC go to 350k$ (even when they stopped printing fiat today which they aren't).
Let me know what you think! :)
Are You Positioned for Quad 2? I hope you're readyWe're already in the midst of record runs in the equity and commodity markets but as bubbly as it seems, its not over.
We are in an environment that not many people are familiar with. The last time Growth and Inflation on a global scale were accelerating as fast as they are now was immediately after World War 2. Previous commodity cycles were sparked by 1 or 2 catalysts. The current macro setup has nearly the most accommodative and bullish catalysts for global growth and inflation that we could imagine. Fed on autopilot, Fiscal out the wazoo, supply chain disruptions and shortages everywhere, all major political interests want a weaker dollar.
Given that is the case and YoY GDP will probably show about +10% and CPI +3% in the 2nd Quarter, there's a good chance this current run, especially for commodities, could continue for a couple more months before a major correction.
Things I have been and remain bullish on: Potash, Sugar, Wheat, Soybeans, Corn, Cocoa, Coffee, Orange Juice, Copper, Uranium, Crude Oil, Natural Gas.
I've added to my exposure recently Aluminum, Nickel, and Coal.
Long silverSilver's is undervalued comparing to real inflation adjusted silver. Gold reached ATH in august while silver raised to 30$ which is not near as it's ATH of 50$. Technically silver is now where gold was in 2019. when it broke 7 years consolidation period. It's is real asset which has industrial use and investment asset as well. Green technologies have high demand for silver. Money printing and quantitative easing in 2020 injected large amount of new money to system. However, that money is in savings account and/or invested in stock market which is on ATH and overvalued in middle of recession caused by pandemic which is still present. When business which are now surviving for existence start working normal, people start spending as usual, then prices can be adjusted according to current supply of fiat money. Markets trade future and this is fundamentally very bullish for precious metals and all commodities as well, but especially silver. Gold/silver ratio is falling but still did not reach natural ratio of 1:15 while it is about 1:70. This means that silver has highest potential among commodities to get enormous returns, especially with rumors regarding short squeeze. I will be targeting ATH and beyond, possible triple digit silver in a few years.
Disclaimer: This is not financial advice, just my opinion
New Agriculture Commodity Bull Market The Entire Agriculture Complex is in the process of breaking out, and not just breaking out, but breaking out of a 12-year old downtrend. I will be posting more charts showing the developing bull market in ag and other commodities, and how I'm expressing that outlook in the portfolio.
In terms of the macro inflation cycle, I think we are somewhere similar to early 2002. I.E. We're fresh out of a cycle low for inflation and commodities which means the new bull market has already started, but it can only be seen in momentum, volume for particular commodities (copper & wheat), and smart money moving into commodities the past few months. By the time price is showing a technical breakout smart money will be selling into volume from moving average breakout chasers. That being said, this commodity bull market can last a long time but it won't come without its volatility. it will be important not to chase extreme moves, but rather be patient and wait to buy on pullbacks. Experience has taught us to wait for weakness to buy and to sell into strength.
If you're not convinced Agriculture is breaking out, look at $IPI Intrepid Potash $Corn $Sugar.
With the assumption that inflation is in the 2nd or 3rd inning of the inflation cycle, stocks like $ICL still have a lot higher to go even though its moved a lot off of its cycle low. Notice that the cycle low was right at the opening original price 14 years ago. The long-term structure of $ICL's price trends shows a well-managed and healthy company that does well in commodity inflation cycles and shareholders haven't been diluted to death in a long-term bear market.
Additionally, $ICL is a similar company to $IPI intrepid potash, but it is better managed and more diversified and internationally-oriented which gives it less market risk and an advantage in terms of globalism-accelerating and Israel having a security and investment advantage on the global market. This being said, $ICL still has 500% upside over a trend-duration to get to a new all-time high, while $IPI potentially has much more than that (1000%+) should it ever overcome the long-term bear market and equity dilution.
Not an equity analyst or licensed professional. Do your own DD.
7-Bagger Potential Undervalued Gold Junior ResourceI've looked into the company, I like what I see for the current price. Won't go into details about the fundamentals, do your own DD .
From a technical perspective, I also like the setup. Breakout on the shorter timeframe, bull flag , and rising volume . Get in while you can.
My average share price is 5 cents on $CLASF
Holding until 5-bagger, will take profits and let some run for 7-10 bagger possibility.