Community ideas
Most Probable Path for Platinum Moving ForwardPlatinum may very well be developing a C&H pattern over the longer term, lagging gold and silver's similar pattern
This makes sense, as gold is the cyclical driver of the metals complex.
A pattern of this magnitude would yield a tremendous breakout, and as such, speculators should take below 1000/oz platinum as an opportunity to accumulate, as gold foreshadows the lagging metal's next move.
EURJPYEURJPY, remains locked on a bullish bias despite japanese currency twist unexpectedly.
price ifaces mmediate hurdle which is also a litmus test for uptick ,i believe that patience is the only key to a clean trade .its best to wait on break and retest from supply roof to seat on demand floor for buy.
AUDJPYAUDJPY on weekly timeframe is bullish and have formed a double bottom which consider a bullish action and the break of the neckline with clean retest set price in a fresh rally.
to buy potential i need buying pressure to break and close the long tern ascending supply to use it as demand floor .
but if buyers fail to break and close with a possible of the supply roof ,price will go into consolidation phase and wait double confluence at the ascending trendline for uptick
bonkuusdtBONKUUSDT,shavyfxhub strategy which combines RSI divergence with daily candle rule and market structure ,the structure is playing on supply and i want a return into demand floor for further uptick.
based on the strategy we will advise that you allow price to area of value for trigger.
Transcript
Market Update - 10/19/2024All stocks that I follow are doing well. So much so that the stocks worth buying have probably already broken out and the following weeks only the laggards are going to catch up. Luckily I have some pretty nice positions in the leaders. Unfortunately I also have some laggards that didn't go anywhere, so I already took some off from them on Friday. Will probably have to continue weeding out the losers. Some stocks I'm excited about are NASDAQ:CORT , NASDAQ:AIRG , NASDAQ:CXDO and $asts. Good setups are AMEX:LSF , NASDAQ:DUOL , $app.
BTCUSDTON weekly time we got a clear direction and price will continue uptick until we get to the supply roof.
the next wave will pull price into 83000-81000 based on the structure.
but wait for weekly candle to close above resistance supply roof and wait for retest and go long into 83000-81000.
btc will see more influx of liquidity in coming months based on the structure .
Central bank want to cut rate and that be bullish situation for btc and other asset
GBPCAD TRADE RECAP & TRADINGVIEW APPRECIATIONIn this video guys I've shared the trade that I took this week and I shared the reasons as to why I took this trade I hope by watching this video you will get some lessons which will help you in your trading career. Together with that I have given my appreciation to the tradingview team for developing this an amazing platform for trading, This is the Leading trading platform in the industry! God Bless you all.
REVEALED: "Top 13 Iron Watchlst" [LEARN MORE]Finally, you will see the top 13 Iron watchlist
In this video, you will see
->Correlations
-> High-performance Prices
->The #1 Commodity such as TVC:SILVER
Watch it right now to learn more
Also, rocket boost this content to learn more
Disclaimer: Trading is risky you will lose
money whether you like it or not
please learn risk management
and profit-taking strategies.
Cycles and Sentiment may no Longer Matter - SilverWatch video for more detail on the trajectory for silver's next move
EDIT: in the video I said "convert unleveraged to leveraged"
I mean to say take profit on leveraged positions and convert to unleveraged accordingly depending on how quickly we approach 35-40
US30_reversal-only-at-43750so looking at US30, from a zoom'd out view, and where price came from i will onloy start to look at proper pull back below 43 750
this is my analysis of the reversal / pull back level for US30, coming towards the end of Oct / last week of Oct, right in time of the US elections, first week in Nov
Lets see how this play
BTCUSDTBTCUSDT,on breakout of weekly candle from weekly supply roof puts bullish bias ahead in coming days for crypto enthusiast,
the weekly candle break out has to be confirmed by Sunday to be a clean breakout to foster more growth and on retest will be a buy which could lead price to 83000-81000 zone based on the structure of the market.
Top 5 Weekly Trade Ideas Recap + Key Levels for Next WeekNot much happened this week, SPY closed nearly right where it did on Monday, but we had some decent opportunities along the way. Everything is once again near ATH so obviously pretty bullish looking for now. VX got crushed pretty hard today, but we'll see what it can do next week.
Here's a recap and some thoughts heading into next week.
Today was "THEE" tell-Silver's Artificial Price Cap IneffectiveAfter a 2 week rally in the DXY, silver, and even more so, gold price were nearly unaffected.
As i suspected last night, mild weakness in the DXY could trigger a massive move in silver - this suggests the artificial suppression of the metal via the futures market is being overwhelmed by worldwide physical purchases, likely leading to a short squeeze if my prediction played out. Follow through on Monday will likely confirm this and is a huge bullish signal.
After just a 1/3 of a percent drop in the DXY as it hit its head on the 200DMA, bullion banks could not touch silver, suggesting a failed attempt to suppress price and potential short squeeze underway.
I am looking for 40$ silver within the next 3 weeks of a DXY decline, possibly into a left translated DCL
Please watch for more details