AUDUSDAUDUSD
The penetration of the expanding triangle gives a signal to enter and target the take profit levels .. But if this analysis does not work and the week candle is closed below 0.700000 so it is a downtrend, especially on the weekly frame we have another analysis have a look it is below , in short, we are looking to buy as long as the price is above 0.70000 , and We will look for sill if the price closes below this price. Thank you all and we wish you all the best , stay safe
Setups
Daily Crypto Market Update - batusd oxtusd & many more!In this video:
* I provide an update for basic attention token, orchid, and many more
* I browse through the charts in attempts to determine the overall market sentiment in the crypto space
* We discuss Bitcoin and what it means for the rest of the market
* Overall, I am still extremely bullish for the next few weeks/months
* Black Friday Special still on:
PalantirPalantir engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The Commercial segment offers services to clients in the private sector. The Government segment provides solutions to the United States (US) federal government and non-US governments. It offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. Its products include Palantir Gotham and Palantir Foundry. (Via Robinhood). I'm big on the defense sector and knowing how much the government trusts this company I need to take a deeper look. The main thing that impressed me with Palantir outside of their general scope of business was the attractiveness of the Hedge Funds that has this in their portfolio. I normally don't bank on things like this. However, Vanguard (5%), Blackrock (4%), and State Street (1%) has this in portfolio. I do need to do more research on this company I will admit, but I'm confident that we are at a good price now for a good profit down the line (1 year or more out). Looking at the chart, looks like we on a retracement to the upside with a recent bear flag breakout. On the 15 min TF (This is the daily) there is a gap that needs to be filled around $23.66 It also seems as if price wants to break past the 20/50 ema if it does reach that gap which would be a good thing for shareholders. As I do more research, I will up my consideration!
What do you think?
Like, Follow, Agree, Disagree!
The DixieLooking at the DXY, it seems as if there is a W pattern that is on the midst of finishing backdated to September 28th. Looks like on the daily, a small double top has been formed since the most recent crossover on the MacD. We are at a high right now and price wicked off of the 94.598 area from November 5th. The RSI on this time frame is in an overbought area and there is a cross down happening with the Mac D losing momentum. The last time the Mac D was on the low side before the current crossover, price went as low as 91.29. I expect price to retrace up to at least 38% to 61% of the previous low on this daily timeframe. The last time there was a previous low on the Mac D was back in May where price retraced 38% once it reached a new high for time being. I'm looking for a historical pattern here given this information. The US still has a negative trade balance. I know the economy is slowly recovering but this is opinionated as we are still dealing with obstacles within our own country. The dollar gets weaker over time regardless of any strength. I'm still learning economics but I'm banking on the trade imbalance, COVID, and the historical pattern to judge the movement I'm looking for.
Good Luck!
Not Advice!
Litecoin Looks like LTCUSD is ready for a retracement to the upside. If we can break above the 20 and 50 day ema, I can see us at least reaching the previous high between ($194.24 - $197.68). We have parabolic sars activated on the bottom of my candles.(Entered on the first one that kicked in). Looks like we have some buy volume coming in. Planning on holding until the Mac D crosses towards the upside. The RSI is in dangerous territory and could be a potential fakeout I will admit. However, I'm confident in long term sentiment seeing as to how it is used and accepted in the US, Europe, Asia, India and Indonesia. They have recently partnered with Verifone. They work with over 600,000 merchants across the globe. Litecoin is used in the following segments: Gaming, gambling, web marketing/development, business services, crypto services, tourism, traveling, business, offline services, internet services, shops and markets! I believe this coin isn't the most popular. However, that partnership with Verifone isn't anything to take lightly! Let's see what happens!
CSXIt looks like we are currently at a high that has broken the previous high since August 23rd. I want to wait until price gets closer to my 20 (red) and 50 (orange) ema's It seems as if we started trading above the 200 ema after we had bearish candles that broke under temporarily where it reached and rejected a strong support level of around $29. Between Dec 2020 and May 2021, there is some heavy traffic on the railway. I would like the current price to retrace its previous low from Sept 27th up to at least 38% - 61% with some bullish candles and price action on the 15 min timeframe to see if we are ready for a ride up if CSX does actually drop. Best case scenario, I want price to bounce off of the 38% daily Fibonacci level to continue towards the upside (creating a lower high). None of my words are law. Just an idea! Oh....I'm tired of getting stopped by trains and I always see a CSX train everytime smh.
Bank of AmericaLooks like we are at a higher high on the weekly and daily timeframes. Bank of America is a nice safe stock in my eyes. Although we are in a season where alot of shopping will go on, I can see this being bullish for banks and other holiday related tickers. Bank of America holds a high position in many prominent portfolios including my Uncle Buffet's. I want to see if price can continue trading above the 20 and 50 ema. Say if there is a pullback i'd at least feel that a 38% is realistic on the daily timeframe. If it surprisingly pasts that support level, price could reach the support that was created back in July of this year. Let's see what happens. Alot of credit cards will be swiped this season and for swipe a BAC customer pays, BAC will charge a surcharge to the business for every transaction that is made. Looking forward to a nice but slow ride. Good luck!
Alibaba Group Looks like on the daily timeframe, we are on the top side of the MAcd which entails that we may be at a level to although on the weekly we are oversold, the daily looks like there "may" and i mean "MAY" be a small pullback to the previous low (38%) before it continues to the upside. BABA won't and can't be held back for long before it reaches its previous high up to 38 -61% of that previous high on the weekly time frame. This the Google of China and Munger believes in them heavily. I'll follow! He's my mentor
Atnt (Update)Looks like we are at a reasonable support seeing how price has tested this low that we are at about 4 times since December of 2018. In May, a previous high was broken and although since then, price has made a newer low we still need to be careful with our price targets long term. I believe that price retracing the previous of May of this year could be more than safe. Let's see what happens. Oh, and Warner Bros will have the first all Black Western showing on different platforms November 3rd. It should be a fun movie to watch.
VerizonLooks like we are at a support that's backdated towards last Spring. I buy your tears GANG. I want a retracement of the previous high on the daily where we have strong resistance since November of 2018. We are oversold on the Macd on the weekly timeframe as well as the weekly. AsJay-z would say...."What More Can I Say?"
INTC (Update)Looks like an accumulation stage here with a bullish candle breaking out as it's crossing through the 200 ema on the daily time frame. I'm looking for a retracement of the previous high up to 38-61%. Let's see what happens long term. I don't see price reaching the "Worst Case Scenario" area on the chart. The win goes to the longest holder!
$NZDUSDThis is a tough chart. Can't lie however, I'm actually bullish on NZDUSD. I would like to see if price can test the most recent support level which would be close to retracing up to 38% of previous low on the weekly timeframe. Looks like we are trading about the 20, 50, and 200 ema on the weekly timeframe. I would like to see a continuation. If the DXY remains bearish, I'd like to see if price can reach the 61 -88% zone on the upside. Let's see what happens!
Micron TechnologyIt looks like there may be a new support being made at the 50% retracement level of the previous low on the weekly which could be a good going forward for long term holders. If this new support is confirmed and that the previous high was broken, we could be patient enough for a retracement up to the previous anywhere between 38% to 61% respectively. I know the semiconductor situation hasn't been solved yet but things happen and I believe in this company enough to burn time charting.
DXY (The Dixie!)Taking a look at the DXY Looks like we headed for a bearish move before we go bullish. On the Daily TF, it seems as if we are at a resistance level that is trying to test the previous support level. I want to see if price can retrace 38-61% of previous low before the current high is tested.
WalgreensI see a possible M pattern forming here. I'm thinking about more people being sick and pharmacy visits over the cold winter season. Walgreens is a great convenience store with solid customer service from my experience. They've been around for a long time. I want to see price retrace the previous high up to 38 - 61%. We are currently in consolidation. However, I believe that since that previous was broken and the current low being higher than the previous, I can see WBA respecting that sentiment on a long term scale. The win goes to the longest holder. On the weekly , we are on the bottom of the Mac D as well and looks to be losing its bearish momentum.
Not advice!
Colgate-Palmolive CompanyHousehold goods. Cold winter coming. Holiday travel. Those family members you don't want visiting will need toothpaste and you will need dishwashing liquid for those thanksgiving plates lol. Seriously, I like household goods for this time of year seeing how people will be in the warmth of their homes. How does a household name sound for household goods? People like great value and some use walmart to find that. I'm sure you can find some $CL products somewhere out here in your local stores for your convenience. Is that a w pattern setting up? I'd like to see price retrace the previous high over time. I do think this price is pretty high..I'm moreso using catalysts here versus valuation to be honest. I never said I was an advisor. I just like charts.
Dollar (DXY)I'm forever bearish on the dollar. I see a W pattern that's finishing on the daily. I want to see if we can catch 38-61% of its previous low. I don't want to be greedy. I see price may need to continue to fall in order to get closer to the 200 day ema. Head and shoulders? Double top? Reversal in progress? Let's see! Previous high was broken,I would love to see target 1 hit. Let's get it...
Platinum (XPTUSD)I believe that we are currently retracing the previous high. The current low area seems like a higher low on the weekly. That Mac D looks like its attempting to lose momentum and should eventually cross to the upside! I want either 38% or 61% of previous high. I won't hold forever. Just as long as I can to squeeze some juice from this nice valuable metal. Platinum is a well respected metal used throughout several industries. Platinum is used extensively for jewellery. Its main use, however, is in catalytic converters for cars, trucks and buses. This accounts for about 50% of demand each year. Platinum is very effective at converting emissions from the vehicle’s engine into less harmful waste products. Platinum is used in the chemicals industry as a catalyst for the production of nitric acid, silicone and benzene. It is also used as a catalyst to improve the efficiency of fuel cells. The electronics industry uses platinum for computer hard disks and thermocouples. Platinum is also used to make optical fibres and LCDs, turbine blades, spark plugs, pacemakers and dental fillings. Platinum compounds are important chemotherapy drugs used to treat cancers.
source: rsc.org
SilverLooks like a W pattern needs to finish. I only want a scrape of the retracement of the previous high on the 4 hour timeframe. May take some time but i'd like to see the pattern be respected. I can see some minor pullbacks as we honestly are near a smaller high but I do like how we are trading above the 200 ema. I'm bullish on gold and wanted to see if the cftc sentiment stays true to its overall bullish sentiment on silver.