Signal
QQQ The Target Is UP! BUY!
My dear followers,
This is my opinion on the QQQ next move:
The asset is approaching an important pivot point 475.02
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 461.08
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
M Macy's Options Ahead of EarningsIf you haven`t sold M before the previous earnings:
Now analyzing the options chain and the chart patterns of M Macy's prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-8-30,
for a premium of approximately $1.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.0987
Stop Loss - 1.1025
Take Profit - 1.0926
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Target (TGT): Ready to Break Out of Its DowntrendWith Target, we have another major player in the US retail market, and we prefer its price structure over Walmart's. After completing Wave (3), Target experienced a significant sell-off, forming Wave (4). Currently, it appears that an inverse head and shoulders pattern is developing, which could signal a bullish reversal. The neckline looks particularly strong, and I will have a bullish outlook once this neckline is reclaimed.
There is a breakout gap following the completion of Wave (4), which might be revisited. However, for a well-formed head and shoulders pattern, we should see some momentum soon to create two shoulders at the same level. As long as the Wave (4) level at the Point of Control (POC) holds, we expect more upside, either after a slight dip into the breakout gap or immediately following the earnings report next week.
TTD The Trade Desk Options Ahead of EarningsIf you haven`t bought the dip on TTD:
Now analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 87usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $4.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BTC Crypto Silence in Musk-Trump X Space Session Disappoints If you haven`t sold the Double Top:
The digital asset market remained subdued after the recent X Space session between Elon Musk and Donald Trump, where crypto went unmentioned.
Elon Musk, a long-time advocate of cryptocurrencies, has recently been joined by Trump, who has surprisingly become a supporter of the asset class.
This shift is notable, not just because Trump is a former U.S. President running for a second term, but also because it marks a complete reversal from his earlier stance.
While in the White House, Trump labeled cryptocurrencies as a "scam," "not real money," and a "disaster waiting to happen."
Now, in a stark contrast, Trump has become the first U.S. Presidential candidate to accept crypto donations and has publicly endorsed Bitcoin mining, even delivering a keynote at the Bitcoin Conference in Nashville last month.
Given this dramatic turnaround, many in the crypto community were expecting Trump to address the topic during his conversation with Musk.
However, to their disappointment, the subject was left untouched.
After a technical rebound, I expect the correction to continue.
I'm still bullish on Bitcoin (BTC) in the long term.
CSCO Cisco Systems Options Ahead of EarningsIf you haven`t bought the dip on CSCO:
Now analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $1.41.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Cisco (CSCO): Ready for a Post-Earnings Drop?As we approach Cisco's earnings report, it's time for another pre-earnings analysis. We're examining both the higher time frame and then zooming in for a closer look. On the higher time frame (Daily), Cisco is following a nearly perfect trend channel. While a retest of the lower range of this trend channel seems the most probable, I suspect that the price could breach this level and wick into our target zone between $38 and $32.
If this scenario unfolds as anticipated, it could present a great opportunity to take a long position in Cisco, potentially holding into 2025 for more significant gains.
The bearish outlook is further supported by a shoulder-head-shoulder formation that has caught our eye. Although we typically don't trade based on these formations, this one is hard to ignore. Ideally, we'd see a breach below the lower trend channel range, followed by a retest, and then a sell-off into our target zone.
We're watching closely for the first signs of movement following Wednesday's earnings report.
US30 Chaos and How to deal with itAs I would have mentioned within the last video I posted I was actually expecting a pullback - well it turned out to be a full on retracement and that forced me to stop trading because the momentum literally went against what I was expecting.
This is to show how we can use probability, timing and momentum to make informed decisions on what trades we should and shouldn't take.
Hope you have a good day today
Look out for the next video I am going to post on GOLD
NZDUSD Set To Fall! SELL!
My dear followers,
I analysed this chart on NZDUSD and concluded the following:
The market is trading on 0.6025 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5970
Safe Stop Loss - 0.6055
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GOLD The Target Is DOWN! SELL!
My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 2455.1
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2429.1
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
Gold prices are likely to stand still this weekWorld gold prices decreased slightly as the USD index increased. Recorded at 11:00 a.m. on August 12, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 103,302 points (up 0.07%).
After a week without important economic data, the world gold market this week will receive a series of information that can affect the direction of this precious metal in the short term.
Including the number of manufactured products, consumption numbers, retail sales numbers in the US in July and weekly applications for continuous unemployment benefits and the number of US housing starts and construction permits in the US in July. July.
Kitco News' latest Continuous Gold Survey shows most majors expect prices to be flat or up this week, while the majority of retail traders expect the yellow metal to rise.
Gold Sell SignalIn the 4hr timeframe, gold prices are approaching a resistance zone between $2440 and $2450, identified as a Sell Zone. This area has previously acted as strong resistance and could trigger a price reversal. If confirmed, the initial target can be set around $2420. With a risk-to-reward ratio of 2.1, this zone appears attractive for entering short positions. Traders should closely monitor price action in this area to determine the optimal entry and exit points.
Chainlink (LINK)Chainlink price today is $8.4 with a 24 hour trading volume of 1,7 billion dollar. LINK price is up 3% in the last 24 hours
Chainlink is a framework for building Decentralized Oracle Networks that bring real world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API.
for three month Link charts growing and bulls try to take 8.5,9 and 10 back. 6.5 and 7 is a dip for link and If you got lucky don't forget to buy for long hold
Dont forget to watch Lex Fridman podcast with Sergey Nazarov co-founder and CEO of Chainlink too