GOLD levels educational analysis(Based on Trex steps)just set the level on chart and enjoy reactions ...
TREX
USDT.DUSDT Dominance has apparently completed its downward movement in the 4-hour time frame.. which has been completed in the form of an impulse that can be considered wave A or 1.. which of course we have named wave A for now..
In the following, an upward phase can be completed in the form of wave B. Based on this, we can expect growth up to 5% and even higher levels. Time 4 hours..
COTIUSDTA good setup with a high probability of success..
It seems that wave 4 is being completed.
It is an excellent range for buying spots
Long Trade in TREXTREX looks buyable here as it breaks through the pivot at $69.
TREX is a building products company - specifically decking materials. Construction and related stocks have surged the last several weeks after Wall Street interpreted the latest Fed meeting as a pivot away from raising rates. the 10-yr bond yield has fallen 0.50% over the last few weeks and mortgage rates have come down with it.
The boom in construction, which has been fueled by a lack of housing supply in the used market, is likely to accelerate further if rates continue falling as many banks currently forecast.
And Trex Company will benefit from this trend.
After a structured downtrend in August and September, TREX has ripped higher on big volume. It now trades above all its moving averages and has another 10% to go before reaching its 52-week highs at $76.
But TREX is well below its all-time highs. Shares traded at $140 in late 2021 - double its current price. So it looks like there appears to be plenty of upside left on this one.
#EURUSDWe have a weekly base that has been broken upwards. I expect it can be bought based on the bottom of the channel.
#AUDCADWe have a CP that is Engulf in the return, we have two buying areas, which can be entered into the bay with confirmation.
The best bet for Bitcoin(June 25, 2023)As of June 25, 2023, Bitcoin's narrative strongly favors short sellers in the mid to long-term for the following reasons:
1) Clear CPD fractals are playing out on weekly and daily time frames
2) Major pivot points have decisively engulfed the previous nodes of the ascending legs
3) Buy-side liquidity rests just above 32659k
4) An exhausted RSI, It's completing the final leg of its QM (or broadening triangle) pattern
+ A bunch of other reasons exclusive to my personal trading method(not mentioning to avoid complexity)
Whether the price moves towards the CME gap (34455-35180) to fill the imbalance remains uncertain. In case of ignoring the 32659k, a fast rejection through a wick to the mentioned gap and immediate reversal is a possibility; however, a decisive breakout and pullback to the node(Ignore level) invalidates my analysis.
The next stop in case of invalidation is the maximum pain level at around 38k, from which I do expect a reversal with huge order flow that could take bitocin to sub 12k levels.
FaN-
NFLXJust a technical look..
Technical view means only analyzed chart and nothing else..
This analysis can be easily completed and the time frame is high, so it will take a lot of time.
Bullish t-Rex Set UpROAR.
No this isn't actual TA.
It might be a little bit of cope.
One scenario - it could possibly be a bull flag playing out.
Another is we are about to giga nuke to 25k
50/50 right now.
GOLD | Very bullish on HTFhi, I hope all are doing well
last monthly candle closed very bullish.
wait for a retracement and look for buy.
good luck
Will TREX fill the gap?Keeping this post real simple on NYSE:TREX
Red horizontal lines are basically my 1st and 2nd targets to be hit.
This is only if market continues to see a rally in stocks, if the market dumps, this will most likely be invalidated.
I would love to play options on this, but the OI on TREX options is so scarce I wouldnt like to have to play the spread.
NZDCHF | Long?hi hope all are doing well
there is a good opportunity on NZDCHF
wait for impulse up
good luck
Total | ready to long?hi hope all are doing well
there is a good opportunity for total
don't rush
wait for more confirmation
GBPUSD Looks Ready for Long.Hi I hope all are doing well
Gbpusd looks very bullish
wait for more Confirmation like inverted H&S.
NZDJPY ready for short? Hi hope all are doing well
there is a good opportunity on NZDJPY
HTF double top
LTF ascending channel + H&S
just wait for the last confirmation (CAB)
