just sharing a potential short play for EURUSD in the Weekly timeframe. white arrow shows how it might plays out. the short entry is at the 0.5 fib retracement together with the trend line and 100 EMA as confluence for more confirmation. if the short plays out, it might affect DXY positively which in turn, can affect BTC price negatively.
The algorithm is showing Disney in a very important historical support zone. In the chart you can see the historical channel and how the price is approaching the support line. Furthermore the 80$ is a key support that if it's lost could move the price to 43$ easily because there is no other serious support or historical volume. So, by buying slightly over 80$...
CF Industries Holdings, Inc. is an American manufacturer and distributor of agricultural fertilizers, including ammonia, urea, and ammonium nitrate products, based in Deerfield, Illinois, a suburb of Chicago. It was founded in 1946 as the Central Farmers Fertilizer Company. After growth of about 500%😱 in the last two years, CF Industries Holding has finally...
Alright people! Time for some get back on NVDA! I was stopped drastically on my last NVDA play due to swinging during the previous CPI pump. Although my analysis played out eventually, I didn’t re-enter trade because of poor psychology and fear (accountability lol). BUT we’re back again and the motto for 2023 is “SEE A TRADE, TAKE A TRADE!”. Of course ONLY if it...
Looking at the H4 chart, my overall bias for DJI is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 33462.65, where the 38.2% Fibonacci line is to clear out the liquidity hotspot. Stop loss will be at 34243.87, where the 78.6% Fibonacci line is. I am looking to take profit at 32485.23, where...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔼 XAU 🔼 WTI 🔽 After two years, the Chinese government has lifted its unofficial ban on Australian coal imports. While concerns about rising infection rates in China remain, an export boost allowed AUD/USD to jump over 100 pips to 0.6832. EUR/USD reached a closing price of 1.0599, now stabilized above the 1.0600...
Looking at the H4 chart, my overall bias for SNAP is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Price has tapped into my sell entry at 9.24, where the 61.8% Fibonacci line is. Stop loss will be at 10.15, where the 78.2% Fibonacci line and recent high are. Take profit will be at 7.30, where the previous swing low...
This is more about momentum than exact numbers over the next 2 days. Tomorrow, the jobless claims and Job Cuts reports come out at 8:30am. Typically this doesn't matter but in the current economic situation we should be seeing some volatility early before market open. I am expecting a slightly positive report because they have been becoming more positive,...
Traders, Happy New Year! It's been a terrible year for crypto, the markets, and the global macroeconomic environment. But the good news is that I believe we have left most of the negative declines behind us ...at least for a bit. So, in this video, I'm going to look at what I see in 2023 for the U.S. dollar, the housing market, Bitcoin dominance, the stock...
Procter and Gamble Co - 30d expiry - We look to Buy a break of 154.72 (stop at 151.45) Prices have reacted from 122.18. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. This stock has seen good sales growth. 154.65 has been pivotal. A break of the recent high at 154.65 should result in a further move higher....
On the chart of Expedia (EXPE), we can see a descending triangle. A descending triangle is a bearish formation. The price has already broken the support and is now retesting the support. When the support turns into a resistance a short position can be taken. The price is likely to drop more until it has reached its target. All further details are shown on the...
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Salesforce, Inc (CRM). The CRM price chart is self-explanatory. I posted about this stock in December 2021 and since that point, the price is down about 54%. It's not out of the water just yet as price has a possibility to head lower. There is a strong trend line where...
As we see here that APPL is in a downward trend. But we are at the top getting ready to test the next resistance zone at around 129.47 If we break this LVL our next target will be around 135.93 up to 138.11 . -Next lvl to watch would be the 143-146 LVL.
I entered the market and took some $DIS, first target is $94, the second one is $99, clear short-term resistances.
Hello friends, today I am completing a technical analysis on the 1M linear scale chart for Salesforce.com ( CRM ), traded on the NYSE. #CryptoPickk notes the following: 1) Salesforce.com price has been falling month over month, down about 20% from it's all time high price. 2) The price has been supported by a multi-year arc line (in red color). In the past year,...
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 33300 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
I sold off some of my long term LMT holdings last week before EOY to capture some capital gains. LMT was a big winner of 2022 up over 37% and price was stalling at the All Time High. This morning I received an alert for an opening price spike that created a critical low at 469.35. This is not a spike I would take as a reversal to go long. Rather, I am watching...
On the chart of Ford, we can see a forming double bottom pattern on a daily timeframe. A double bottom pattern may suggest a bullish reversal. When the price reaches and breaks out of the neckline a long position can be taken. But first we have to be patience and wait for the price to reach and test the neckline. All further details are shown on the chart. Goodluck!