RNDR Long Position (Accumulation Phase)Market Context: RNDR has been through an extended markdown phase, with market makers taking profits, driving prices down to fair value. Now, the market appears to be in an accumulation phase, where most of the weak hands have exited. This creates an opportunity for strategic entry, positioning for the next bullish move.
Trade Setup:
Entry: $4.70 - $5.30
Take Profit:
First target: $6.30
Second target: $7.50
Third target: $9.00
Stop Loss: Daily close below $4.50
This trade aims to capitalize on the potential accumulation phase as RNDR prepares for a possible move higher. #RNDR #Crypto #Accumulation #PriceAction #Trading
Trading
PEPE Long Position (Higher Lows & Support FlipMarket Context: PEPE is forming higher lows above the 21 EMA, flipping resistance into support, indicating potential momentum for the next leg up. We're looking for consolidation around the current support zone and a potential breakout of the $0.000011 resistance level.
Trade Setup:
Entry: Around the current support zone
Take Profit:
First target: $0.000011 - $0.00001134
Second target: $0.00001250 - $0.00001280
This trade is based on the expectation of price coiling and breaking resistance for further upside expansion. #PEPE #Crypto #SupportFlip #EMA
EURUSD The Target Is UP! BUY!
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.0807
Bias - Bullish
Safe Stop Loss - 1.0748
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0902
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
CAD-JPY Bullish Breakout! Buy!
Hello,Traders!
CAD-JPY is trading in
An uptrend and the pair
Just made a bullish breakout
Of the key horizontal
Level of 109.100
So we are bullish biased
And we will be expecting
A further bullish continuation
Buy!
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Check out other forecasts below too!
EURAUD Will Explode! BUY!
My dear followers,
I analysed this chart on EURAUD and concluded the following:
The market is trading on 1.6192 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6240
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
QQQ What Next? SELL!
My dear subscribers,
My technical analysis for QQQ is below:
The price is coiling around a solid key level - 494.52
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 492.20
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
USOIL What Next? BUY!
My dear followers,
I analysed this chart on USOIL and concluded the following:
The market is trading on 68.78 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBullish continuation.
Target - 71.64
Safe Stop Loss - 67.44
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
GBPUSD: Counter-Trend BreakoutThis is actually a counter-trend trade that I've been eyeing on the GBPUSD pair. Price rallied from August to October before breaching the trendline.
Earlier this month, I plotted two support levels and now price is breaking and accelerating from the second support level.
ADR: 63.5
SL: 60
TP: 140
CTAS Cintas Corporation Options Ahead of EarningsIf you haven`t bought CTAS before the previous earnings:
Now analyzing the options chain and the chart patterns of CTAS Cintas Corporation prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $8.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
DOGE Dogecoin BreakoutIf you haven`t bought DOGE before the previous breakout:
nor sold the top:
Now you need to know that is primed for a new rally!
Dogecoin appears poised for a new rally after breaking out from a falling wedge pattern, a bullish technical indicator. The wedge typically signals a reversal from a downward trend, suggesting upward momentum. As the breakout solidifies, Dogecoin could target the $0.22 price level, a significant resistance zone. Strong buying volume following the breakout could fuel the rally, supported by renewed interest in the meme coin and broader market sentiment.
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought the dip on DAL:
Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BX Blackstone Options Ahead of EarningsIf you haven`t bought BX before the previous earnings:
Now analyzing the options chain and the chart patterns of BX Blackstone prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $13.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NFLX Netflix Options Ahead of EarningsIf you haven`t sold NFLX before that massive selloff:
Now analyzing the options chain and the chart patterns of NFLX Netflix prior to the earnings report this week,
I would consider purchasing the 730usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $45.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MS Morgan Stanley Options Ahead of EarningsAnalyzing the options chain and the chart patterns of MS Morgan Stanley prior to the earnings report this week,
I would consider purchasing the 115usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $2.26.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NZDUSD: New Low After Breakout 🇳🇿🇺🇸
Quick update for NZDUSD:
the pair has recently violated a key daily horizontal support.
After a breakout, the market nicely retested the broken structure
and started to fall from that.
With the yesterday's bearish movement, the price managed to set
a new Lower Low. It is an important sign of strength of the sellers.
I believe that the pair has a good potential to drop even lower.
Next support - 0.599
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EURUSD: Strong Bearish Bias! Sell!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.08016
Wish you good luck in trading to you all!
DXY: Market Is Looking Up! Buy!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 104.072
Wish you good luck in trading to you all!
GOLD: Move Down Expected! Sell!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,722.693$
Wish you good luck in trading to you all!
SILVER: Local Correction Ahead! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 34.63460$
Wish you good luck in trading to you all!
SPX500USD Will Grow! Long!
Please, check our technical outlook for SPX500USD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 5,849.9.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,898.0 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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SILVER Will Go Lower From Resistance! Sell!
Here is our detailed technical review for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 34.118.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 30.110 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USDJPY Will Go Lower! Short!
Take a look at our analysis for USDJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 150.710.
The above observations make me that the market will inevitably achieve 148.225 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!