An even bigger inverse h&s pattern appears on ALGOOn our way to hit the 2 targets I posted about previously from former inv h&s neckline breakouts, algo has now brought price action above an even higher inverse head and shoulder neckline. Stoch RSI is pretty over extended at this point so it would not surprise me at all if we see a dip back down to retest the neckline or even a few wicks or a candle close below the neckline before we are ready to validate the breakout above this new neckline. Of course, it could also just decide it wants to pump all the way to our next measured move target with no correction at all. I will keep hodling, but if I was leveraged i would dial down a good portion of my leverage after hitting the previous targets and try to add it back in upon a successful retest of the new neckline as support…if we do dip below the neckline as long as it holds the 50ma as support any dip below should be temporary. We maintain overall support on the 50 and then solidify support on the white neckline here we will likely validate another inv h&s breakout by the time algo’s golden cross occurs. *not financial advice*
Targethit
BTCUSD: Hit our TARGET! What are the next key points to watch?• BTC hit the target we mentioned yesterday, as it triggered our Double Bottom chart pattern. The link to my previous analysis is in the link below this post;
• Now, BTC shows some exhaustion, but it is still bullish in the short/mid-term, as it is doing higher highs/lows and it is above its 21 ema;
• There’s no clear bearish top sign yet, and BTC would only trigger a sharper correction if it loses the dual-support area made by the 38.2% retracement + 21 ema in the daily chart;
• In fact, if it closes above the $20,800 in the daily chart, it’ll trigger another bullish pivot point;
• For now, let’s keep our eyes on these key points. I won’t set any other public target on it for now, but I’ll keep you guys updated on this.
Remember to follow me to keep in touch with my analyses!
AAPL: Hit our TARGET! Time to BUY the DIP?• AAPL hit our target, and it is behaving exactly as we expected since my last public analysis (link below this post, as usual);
• Now that AAPL hit our target at the 21 ema, it is doing a bullish reaction in the daily chart;
• In addition, AAPL hit a trend line, in the 1h chart, that connects the previous 3 bottoms – another meaningful support level;
• AAPL could turn bullish from here, but it has a few challenges. First, the $152 area, our previous support level, which might work as a resistance in the future. Second, if it loses the dual-support area made by the trend line (1h chart) + 21 ema (D chart), it’ll frustrate the bullish sentiment and seek the next support levels;
• AAPL looks very technical, and it has been very easy to read it lately. I’ll keep you guys posted on this.
Remember to follow me to keep in touch with my analyses!
We just hit my top QNTUSD breakout target & now have a new one!That was incredibly fast with practically no correction in between the last 3 targets we’ve hit. What’s interesting is the correction wick started forming at around 225 which essentially caused us to form another potential inverse head and shoulder pattern. This pattern is still very speculative considering we haven’t even began to form a right shoulder yet and with enough doom the price could easily blast back above this potential neckline and nullify the inv h&s pattern…however since I was able to predict the last inv h&s pattern precisely before the right shoulder formed and things tend to play out in fractals, it’s worth speculating that we may indeed be looking at yet another, bigger inverse head and shoulders pattern beginning to form its right shoulder here. Another great sign of bullish confluence for this becoming an inv h&s is if it does the breakout target (aka measured move) for this inv h&s would bring price action back up to the exact All time high! Anyways thought I post this now just in case it plays out like my previous ideas. Watching them obey TA so well has been very entertaining. No guarantee they will continue to do but would be awesome if they did. I will post my previous quant ideas below so you can see how well this has been playing out since June. *not financial advice*
Quant’s next target = $221-224We have hit our recent target and now set our sights on the $221-224 breakout target of the inverse h&s pattern with the white neckline. Often times we will se a slight correction or consolidation in between going from hitting one breakout target to hitting the next. However, sometimes price action can just keep pumping until it hits both targets. As of now, we haven’t really seen any significant correction after reaching our first target here but it could still potentially correct enough to even retest the white neckline. If we were icky enough to get that steep of a correction first and the neckline then confirms as solidified support that would be a location where I would add to my position. No guarantee it will return there before reaching the $221 target though so once again hodling is paying off. *not financial advice*
QQQ: Doing as expected, but be careful with this resistance!• QQQ did an Above the Stomach candlestick pattern just above the previous support at $268 (black line);
• This candlestick pattern was triggered, and QQQ is trading at its first technical target at the 21 ema;
• QQQ didn’t trigger the bullish candlestick pattern we mentioned last week, and the moment it lost the $275, it just went down to seek our next target at $268, and it hit it with astonishing precision before reacting again, as we expected. The link to my previous analysis is below this post;
• Now that it is near its 21 ema, we’ll see if this is a Dead Cat Bounce or a meaningful reversal sign;
• If it loses yesterday’s low, it’ll show some weakness and a bearish thesis will gain strength. However, by breaking the 21 ema, a mid-term reversal would have a first target at $307, to fill the first gap (yellow square);
• Either way, QQQ is about to do something interesting;
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
TSLA: Our Ascending Triangle worked. What's next?• TSLA is still in a clear bear trend, as it is still doing lower highs/lows;
• Since our last analysis, TSLA did exactly what we expected, and it hit our first target at $265 (our Ascending Triangle target). For more details, the link to my previous post is below this analysis;
• In addition, it is consistently trading below the 21 ema, which is a key resistance for TSLA in the 1h chart;
• In the daily chart, TSLA filled the gap at $250 (blue square), which was our second target, and the sell-off persists;
• In theory, since it is a bear trend, made of lower highs/lows, and since TSLA is trading below the 21 ema in the 1h and daily charts, the next stop is the next support at $225 (July 13 low);
• The volume is still quite high, and there’s no bullish structure to work with right now;
• TSLA would need to do a strong bullish reversal sign in the 1h chart, and break the 21 ema as well, in order to avoid retesting the $225;
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
Previous Ideas Updates. Target AcheivedTargets set in previous ideas MET.
SO WHAT'S NEXT ?
Before discussing that, i will like to address some points :-
1) In this idea i acknowledged that i am wrong and BTC is looking certainly bearish and cleared my stance on it :-
2) This idea i posted was about what good position i was looking at and took for short entry :-
3) Finally after seeing how price is unfloding i decided to finally accept deep downside to 20k or below in BTC here in this idea :-
4) ETH idea about macro view on ETH :-
5) ETH short position idea post :-
If you do support these ideas you can show your support using likes and comment that would be really appreciated.
AND if you would like to hear about to follow up from me and possible proabilities then please hit me up below in comment section.
If you would like to check any other stock or asset class then please do lemme know below.
None of this is financial advice. DOYR.
AAPL: Hit our target! How to proceed?Hello traders and investors! Yes, AAPL did exactly as we expected in our last analysis, but it is time to update some key points.
As we expected, AAPL reversed the trend on May 23, it hit our target, and now it seems it is getting weaker again. The link to my previous analysis is below this post, as usual.
Now that the trend is weaker, AAPL could easily drop to fill the last gap at $ 144 area, but it must not lose this point, otherwise, it’ll ruin the bullish structure. Today, it seems the 21 ema is working as a short-term resistance.
The $ 151 is the pivot point AAPL needs to break to confirm a continuation of this trend in the 1h chart.
In the daily chart, AAPL is still bearish. Yes, it bounced nicely to our target, but it is trading under its 21 ema again, and we don’t see any clear bullish candlestick pattern.
Despite the recent correction, AAPL did trigger a Double Bottom chart pattern, as we mentioned in my last study, and this is a reversal structure that could take AAPL to the $ 174 again, filling the previous gap in the daily chart. Remember: AAPL always fills the gaps that appear above the price.
To me, if AAPL breaks again its 21 ema in the daily chart, it’ll become bullish again, and the Double bottom will work as a reversal as expected. For now, we must keep our eyes on the support at $ 144 area.
Therefore, I’m neutral on it, as there are many other stocks that look much more appealing than AAPL. Either way, I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
Target Reached - ADAADAUSDTPERP
Trade report :
open price : $0.58
Target - 1 : $0.6375
Current Price : 0.6381
Chart posted at the time of entry
Conclusion
Target -1 of our position triggered, started booking profits .... yea still final target is yet to reach but don't jump into this trade right now !! From target -1 to final target it is the for booking profits not to take trades !!
More trades will be published !
Note : I'm not a financial advisor
Final Target Reached - MATICAll target triggered !! I already posted this trade idea previously under ideas section.
Trade Report :
Total profit move was around 10%
Trade period : between 24hr - 48hr ( due to low volume inflow )
Position : closed
SPX: Hit our TARGET but it is CRASHING now! What's next?Hello traders and investors! Despite the volatility, the index did exactly as we described in our last analysis. It hit our target, and it is crashing. Let’s see what’s going on.
Yesterday I mentioned the 4,200 as the key point that would bring the index to the 4,299 (purple line). The index hit our target with an incredible precision, just to drop again. The link to my previous analysis is below this post, as usual.
Today, it gapped down (yellow square), lost the support at the 4,200 (previous resistances should work as support levels, in theory), and it lost the 21 ema too. Now, it seems it is seeking the next support at 4,148 (black line).
If the index loses this black line, it’ll face some problems, as the next support is only at 4,062. Let’s take a look at the daily chart for more clues.
Today’s reaction is rejecting the bullish candlestick it did yesterday, and it is below our support at 4,167 again. It almost hit the 21 ema in the daily chart, something I was expecting it would do since it did the Hammer candlestick pattern on May 2 (just check my analysis on May 3 for more details).
This reversal pattern was a success, as we expected, but right now, we can’t say the index is a buy again. It is not a sell either, as we are just at support levels and the risk/reward ratio is not attractive at all (to me, at least).
For now, I’m neutral on the index, but many individual stocks are looking incredible, if you ask me. There are plenty of opportunities out there, much more interesting than the SPX, if you know where to look.
I do daily analysis on the SPX, so if you want to keep in touch, remember to follow me to not miss any of my future analyses.
Have a good day.
AAPL: Hit our target at the 21 ema! What's next?Hello traders and investors! Let’s see how AAPL is doing today! It is doing exactly as we described in our last analysis, but we have to update our thoughts now.
First, in the 1h chart, it is trading under the $ 172, the most important support level in the short-term, but it just dropped to hit the next support level around $ 170 (keep this point in mind).
The bearish reaction was weak, but as long as we don’t break the $ 172 again, it won’t turn bullish in the 1h chart again. What’s more, we are under the 21 ema, and we don’t see a bullish structure yet. This seems to be just a correction in the daily chart:
Yes, AAPL hit our target at the 21 ema, a natural and expected movement, and it is trying to stabilize. We don’t see any bullish reaction, but if we do, now is a good time.
Of course, it would be interesting to see it retesting the retracements, but the $ 170 seems to be a strong support, and we must lose it first. To me, the area at $ 168 is the ideal support, as it is the 38.2% retracement, and the previous top in March.
I’ll keep you guys updated on this, so, remember to follow me to keep in touch with my daily analyses!
SOLUSD hitting major resistance. Time to sell here?Guys,
I sold Solana at $125. Reason?
After breaking to the upside of it's descending wedge, Solana has now hit both it's target from measurement of wedge exit but also, a big level of resistance which I have mapped at $125. To me, this is a clear signal that at least some profits should be taken. I have chosen to take all my profits from entry of $79 and re-allocate those funds elsewhere. I will post another trade alert to my paid subscribers soon.
Congrats to all who were in this trade with me!
- Stew
SPX: Are you afraid of a pullback? Key points to watch this weekHello traders and investors! Let’s see how the SPX is doing today! We nailed another target, so we must update our thoughts.
The index finally hit our mid-term target at 4,595, and today it is trading above this price level! That’s great, but what to do now?
As I’ve been saying in the past few days, corrections are acceptable, and since we have many support levels, and we are still in a bull trend, we shouldn’t be scared if it drops. Do we see any pullback sign? No.
The trend is still clearly bullish, as the index didn’t stop from doing higher highs/lows at any moment, and there’s not a single bearish structure around. If it loses the 4,595, and fills the last gap (blue square), then we might see some weakness. Pay attention to the “if”.
In the daily chart, it seems we have a top sign, as we see what could be a Gravestone Doji or a Shooting Star candlestick pattern, just at the resistance (black line at 4,595). What’s more, the volume hasn’t been following the price, and this makes the index vulnerable to the volatility.
As far as I know, a sharper correction could bring the index all the way down to the 21 ema, and the bias would still be bullish. However, we must pay attention to the signs it’ll give to us in the 1h chart. Always wait for confirmation, and never try to anticipate the market. As the greatest trader that ever lived once said:
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.”
- Jesse Lauriston Livermore.
I’ll keep you guys updated every day on this, so remember to follow me to not miss any of my future analyses and my next targets!
Gold 4-Hour Channel Breakout Hits TargetOur 4-Hour channel Breakout from a few days ago has reached its target.
The target was the bottom of the beginning of the channel.
However, we had no retrace to the neck zone, so we had no entry.
I am a breakout and retrace trader, and if I see no retrace to the point of interest, I will not take a position.
My thoughts on Gold now is that if support does hold around the 1782 mark, we should begin ranging in short to mid-term between support and 1810.
Let’s watch and see what it does. I will be watching as always, and should a setup present itself; I will be posting it. Happy Monday!
Weekly target hit on Monday, so how to trade expiry?Hey guys!
Our weekly target of 16696 was hit on Monday itself due to a gap down and fall in nifty.
Yesterday and today, the markets have recovered and started the move from swing low to swing high. Therefore, the expectation tomorrow is bullish with a target of 17024 and 17170 after which nifty has the decide the direction.
However, the trenline is important and if it is broken, it can lead to a huge fall again.
Expecting a Gap up opening tomorrow and if Nifty opens in the channel shown in chart, it may consolidate after touching 17170 for a while. Break out from that channel is important and decisions can be taken based on that.
Please comment your views and ideas 💡 🙏. Thankyou!!
*for educational purposes only*
ETHEREUM after range zone our previous signal hit target after touching our entry:💣
now we expect gain and pump for the price because we are close to daily trend line so we set signal entry here just below the trend line for more safety and we expect that price can not hit our sl by this action 🚀
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
EUGBP - HARMONIC BAT WITH IMPULSIVE WAVEThe 161.80% of Bat Pattern is hit, and possible to hit the 261.80% of it. Creating Elliot impulsive wave.
If break down the PRZ LINE which is 88.60% of XA, impulsive wave is invalid.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
* 100% target price of Pennant Pattern.