Wave Analysis
Netflix - This Is A 100% Probability Setup!Netflix ( NASDAQ:NFLX ) will continue its parabolic rally:
Click chart above to see the detailed analysis👆🏻
With this monthly candle, Netflix finally broke above the previous all time high and it about to continue the reversal triangle pattern cycle. We saw the same breakout back in 2013, when Netflix broke above the all time high and then started an even stronger rally of about +50%.
Levels to watch: $750, $1.000
Keep your long term vision,
Philip (BasicTrading)
UNSTAOPABLE FALL OF GOLD (NFP BEAR BIAS)The Gold Market experience a drop to the downside with investors taking out some profits yesterday. Now following up with fundamentals like Unemployment claims for the month of October, we looking forward to an increase in employment rate and decrease to unemployment rates therefore, the earnings for October should be higher as the big techs recorded huge gains.
Technical Factors remains bullish for the longer term, only a marginal drop not extending below 2700 then a push to the upside for the Christmas season.
NFP SIGNALS IN ANTICIPATION
Selling Gold with my Team and hold to the 2700 levels before we look for more buys to 2800 and 3000 respectively
BTC - NEW ATH Approaches and ALTSEASONThe first time I started talking about my outlook for BTC in 2024, was in MAY. This is the original post where I first propose the Elliot Wave theory, with a 30% multi-month correction:
It's been a painful journey that required a lot of patience - but today, I am pleased to see that the idea has payed out by 95% so far.
The play has always been a "multi-month" approach, and now it is the last push towards the new ATH which I believe to be anywhere from 82K upwards.
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OKX:BTCUSDT
Tesla Update Potential Great ROI Trade coming up Good evening or morning trading family
So I created a quick video on a update with Tesla which I felt was important to create for everyone. Currently we are retracing up from a target that I will show you how I got in the video. However two things to mention if we can break 260-263 range we are looking pretty healthy for a bull run up. However if we go back to retest 255.66 we could potentially face another break and further bearish momentum.
Any questions or comments let me know, like follow boost if you found this helpful
Have a great night trading fam
Mindbloome Trading
Trade What You See
BTCUSD - BITCOIN seeing strength?Good day traders!
Alright. For BTCUSD I'm still seeing the same pattern, however things are starting to look a little more optimistic. The pattern that I've been discussing for weeks now is the series of lower highs and lower lows. Once we break this pattern, then we can start to talk about that move to ATH and ~$85k above ATH.
We NEED to break FWB:65K and ideally with above average volume (which I did not discuss in the video). We need a breakout with volume to get some gas in the tank so to speak.
If we can do that, it simply increases confidence in the bullish scenario. There's never any certainty in the markets, but from a pattern perspective, we have to break the pattern in order to gain confidence in the next move. Break the pattern to the upside, I believe we'll see new highs. We have yet to break the pattern to the downside, but that is not off the table. I'm simply saying things are looking better from a bullish perspective at this time .
USOIL & NZDCHF Missed Position Recaps (+8%)Missed Positions -
TVC:USOIL +4%
FX:NZDCHF +4%
Here I cover two missed positions from last week, I was travelling at the time and out of my normal routine so this was one element as to why I missed these trades.
I fully explain through the video my thoughts from the higher timeframe down to my entries, with emphasis being put on how easy it can be to achieve a double digit week.
Hope you enjoy!
NZD/CHF Long, EUR/AUD Short and EUR/NZD ShortNZD/CHF Long
Minimum entry requirements:
• 1H impulse up above area of inflection.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Silver - Just Starting The Parabolic Rally!Trading update on Silver ( TVC:SILVER ):
Click chart above to see the detailed analysis👆🏻
Silver just perfectly completed the bullish break and retest and is about to reject the next horizontal resistance level. However everything is still significantly bullish and I honestly do expect a breakout soon. Following the previous cycle, Silver might rally another +35% from here.
Levels to watch: $34, $45
Keep your long term vision,
Philip (BasicTrading)
QUESTION 2SUBJECT: INVITATION TO A SUBSTANCE ABUSE SEMINAR
The Department of Health will be visiting the college to educate students about
substance abuse. This decision was influenced by the rapidly rising number of
substance abuse cases and the associated health and socio-economic burdens in South
Africa.
Remember, substance abuse is a contributing factor to health-related conditions such
as death, injuries, violence, HI/AIDS, tuberculosis and chronic diseases like
cardiovascular disease, cancer and mental disorders.
Being there will helps you learn as much as possible to avoid such a situation and
enable you to support a friend who is already in danger.
The speaker will address the following questions/topics and distribute pamphlets:
1. What is Addiction
2. The different types of addiction
3. How can you tell when someone is addicted
4. The effects of addiction
5. Organisations you can go to for help