Dear followers and viewers, *We have a bearish pennate formation along with a death cross on the REX indicator. There were also no signs of bullish divergence on RSI meaning BTC should trade lower, especially if the pennate does not break currently. *There will be a continuation of the trend, tread lightly if you are bullish better off thinking of a bearish...
✅DAX is trading in an Uptrend and the index Broke out of the bullish Wedge pattern so I think That we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The last two times the price dropped down more than 80% it bounced off very aggressively. Apparently is forming an inverse HS. Will the history repeat? I just bought some calls expiring on 01/2024. This stock is very volatile, so manage well your risk and emotions.
Alcoa Corporation - 30d expiry - We look to Buy a break of 58.33 (stop at 53.81) There is no clear indication that the upward move is coming to an end. Daily signals are bullish. The previous swing high is located at 58.24. A break of the recent high at 57.61 should result in a further move higher. The primary trend remains bullish. Our profit targets will...
NASDAQ / US100 just broke the trendline and it's going up to the Black Unfilled Order Area or the fibonacci level #Fibomic #NASDAQ #US100 #NAS100USD
demand 90 mqp higher lows holding structure 6 months of consolidation all time highs march madness dollar weakness nasdaq correlation
Hey Traders, as DXY shows some downsides on the related idea i would love to consider some potential upsides on the stock market since indices correlate negatively with the Dollar. Technically we have noticed a breakout on the downtrend in 3h timeframes so i will be considering the retrace around 12060 zone that is considered as a decent Supply and demand...
Bias: Bearish open then bounce and grind bullish most of the day Top Watches: Long - AI, UAL, META, KR. Short - MRVL, CHPT, ZS, BMBL. Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
2 distinct possibilities, but the RR is great. HIGHLY dependent on SnP and US30 ofcourse, broader market implications are always extremely important to keep an eye on. Nonetheless, wouldn't be surprised to see the first position be a sweep of wicks and then retest of lows. Second position would mean we sweep highs of wichs but also fill the gap above before...
HI there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
US Initial jobless claims in February fell to 190,000, lower than the market expectation of 195,000 and January's reading of 192,000. A tight labor market has strengthened the greenback against its peers, as continued rate hikes become more likely. USD/CAD traded 2 pips higher to 1.3596, and USD/JPY climbed 58 pips to 136.76. EUR/USD declined 69 pips to 1.0596,...
CTRA breakout of the falling wedge is just happening. If the breakout is real, we may see a pump towards 36,50 $ which would be a final target for this trading formation. Entering the long position now would be reasonable.
Salesforce Inc (CRM) broke above its Inverse Head and Shoulders (IH&S) pattern and by early next week should form a Golden Cross on the 1D time-frame. With the MACD just forming a Bullish Cross, we have all the confirmation we need to go heavily bullish on CRM and with the Support of the 1D MA100 (green trend-line) on the long-term, target the 0.618 Fibonacci...
It looks like stocks bottomed today, but what is my evidence, and why would I say that? 1. This correction has been very orderly, and VIX has been going down along with stocks, which means something is happening. 2. Stocks have held exceptionally well despite rising interest rates and the DXY. 3. We have continuous liquidity injections by most central banks, and...
General Motors Company - 30d expiry - We look to Buy at 33.34 (stop at 31.54) The trend of higher lows is located at 33.30. Short term momentum is bearish. Prices expected to stall near trend line support. Expect trading to remain mixed and volatile. Preferred trade is to buy on dips. Our profit targets will be 37.84 and 38.84 Resistance: 40.00 / 41.50 /...
Over the past weeks I've made several bullish longer term analyses on Bitcoin and the markets in general. In my view, the bottom is in and we're likely going to continue this bullish move for the next few weeks. Still, there's plenty of bearish investors. Yes, the macro is bad and a recession is likely, but that doesn't mean we can't go up. After 1 year of...
Covered positions Sold $COIN Puts @ 1.81, covering here NOT being greedy Not best trade but roughly 20% in about an hour or so Will take #CEX #Crypto #stocks #COIN
• Nasdaq rebounds but bond markets continue to signal “risk off” • Stronger US data further boost hawkish Fed bets • More rate hikes and longer contractionary monetary policy should be bad for stocks The Nasdaq bounced off its earlier lows along with the global market after the US cash open. But with bond yields breaking further higher, there is a risk we could...