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U.S Dollar / Japanese Yen | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # U.S Dollar / Japanese Yen - Wedge Structure 1 | Hypothesis Entry Bias - Wedge Structure 2 | Target Valid - Support=0(12345) - Wave 1 | Wave 5 | Center Impulsive Gain - Retracement 1&2 | Valid Entry Bias Active Sessions on Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Neutral
by TradePolitics
Gigacloud Technology Inc. | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Gigacloud Technology Inc. - Wedge Structure | Center Setting Commitment - Double Top | Hypothesis Bias On Area - Support=0 At 15.75 | Pre-Demand - Wave 2&5(12345) | Pivot Schedule Active Sessions on Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Sell
NASDAQ:GCTShort
by TradePolitics
Walgreens Boots Alliance, Inc. | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Walgreens Boots Alliance, Inc. - Wedge Structure 1 - Wedge Structure 2 - Retracement - Wave (Failed 12345) | Confirmation Template Active Sessions on Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Sell On An Intraday Perspective
NASDAQ:WBAShort
by TradePolitics
Double Top on Tech?Technology stocks had a strong first half but could be ending the year on a weak note. Is the sector finally losing its leadership? Today’s chart of the SPDR Select Sector Technology Fund highlights the July 10 closing high of $237.68. XLK stalled around that same level a week ago, resulting in a potential double top on the fund. Second, prices have slipped below October's closing high of $233.73. That stands in contrast with other big sectors like Communications, Financials and Consumer Discretionaries. Third, relative strength in the lower study shows fading leadership in technology versus the broader market. We end with a look at Nvidia NASDAQ:NVDA , which has been a major driver of the sector this year. Notice the sharply rising lower trendline and the higher trendline with less of an upward slope. That kind of rising wedge is a potential reversal pattern. It could also raise the stakes headed into NVDA’s big earnings report after the closing bell next Wednesday, November 20. Standardized Performances for the ETF mentioned above: SPDR Select Sector Technology ETF (XLK) 1-year: +35.50% 5-years: +165.61% 10-year: +448.20% (As of October 31, 2024) Exchange Traded Funds ("ETFs") are subject to management fees and other expenses. Before making investment decisions, investors should carefully read information found in the prospectus or summary prospectus, if available, including investment objectives, risks, charges, and expenses. Click here to find the prospectus. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
AMEX:XLK
by TradeStation
3
NAS100, morning/bearish analysisBearish count for NAS100. Completed primary impulse off October 2022 low of 10431.1, 103.69% move from low to high. Ending contracting diagonal (wedge) to complete the impulse. Wave ((3)) is 3.618x the length of ((1)), and wave ((5)) is 1.618x the length of ((1)). Price does not look likely to tag median line (red line) of pitchfork, which strongly suggests a move back below 18500 at a minimum. First key support is 19888.5, then fib supports until 17235.
PEPPERSTONE:NAS100Short
by discobiscuit
Time to buy $TLT for a trade to $100?I think we could see a short term rally in $TLT. On low timeframes today, it looks like we've formed a double bottom and that price is bouncing off of the lower trend line. I think we could see a rally up into the $100-102 region from here. My base case is for price to reject that region and then form one more leg lower before a sustainable bounce in bonds. Let's see how it plays out. I marked off both levels to the upside and to the downside to account for both scenarios once price has broken out of the structure.
NASDAQ:TLTLong
by benjihyam
7
USD/CAD Short EntryLooking at the current formation of the broadening wedge at the current peaks on USDCAD. Will wait until we break the shown level of support and/or confirm breakout under the bottom trend with a 4HR Retest. Risk/Reward 2:1 Will Re-evaulate trade periodically and update as I see fit. With how crazy bullish USD has been lately I will not be jumping in early in hopes for a better position as there is the possibility the pattern will invalidate pushing USD/CAD even higher
Short
by Nicholas_k
6
JASMY/USDT: BREAKOUT ALERT! READY FOR A 100% PUMP!!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! JASMY is looking promising! It’s breaking out from a falling wedge structure on the daily timeframe and currently retesting, all while holding strong above the 200MA support level. This could signal a solid upside move—consider buying some here and adding more on any dips. Entry Range: Current Market Price (CMP) and up to $0.0195 Target: 100% Gain Stop Loss: $0.018 The setup for JASMY Coin looks decisively bullish! What’s your take on it? Drop your insights and analysis in the comments below!
Long
by CoreCrypto1
SMLR: Big Moves into 2025Please do your own research as this is my personal opinion. This is a way for me to hold myself accountable for long term trades. - I have accumulated about 1,000 shares of SMLR in my Individual & 100 in my Roth IRA @ about $30 per share Here are the reasons I believe this will 4x over the next few years: - No LT Debt, allowing it to borrow and execute a MSTR like approach to its BTC treasury - Cash Flow and Earnings positive with good device pipeline - Already filled the gap from the initial news for BTC Treasury at $21 and has bounced nice since filling it. - If you see from ichimoku cloud analysis, the tenkan has flipped the kijun line earlier this year on the monthly and has stayed there for quite some time. I believe the next quarter is critical as it begins to make its way into the cloud. If it gets in there and can pass through it, my bull case run is north of $120. - Volume Analysis: If it gets above that Critical Level of $33, it could find itself flying north of $40 in a short period of time. If it executes it's BTC strategy and issues convertible debt for additional purchases in BTC (Up to $150 Million is estimated), here are my price targets: - Base Case $75 - Bull Case $150 - Bear Case $35 I believe there is much more upside from here. Happy trades. Not Financial Adive, DYOR
NASDAQ:SMLRLong
by ngmartin02
NZDJPY → 92.00 - bull run triggerOANDA:NZDJPY continues to accumulate pre-breakout potential against 92.000 resistance. Japan's national currency continues to weaken amid inaction from the country's Central Bank and the dollar rally... On D1 and H1, the structure coincides and generally tells us that the price is ready to go up. Trigger 91.950 - 92.00. If buyers can break this resistance area and hold their defenses above this zone, a quick distribution will not be far behind. JPY confirms its downward course by breaking support, which generally defines the medium-term potential for us. Resistance levels: 92.00 Support levels: 91.362 The overall structure will be broken when the support at 91.36 is broken, but there are no hints of that yet. The currency pair does not fall after the false breakdown of resistance, but continues to inflate the potential, which generally confirms the bullish intentions to go higher. Rate, share your opinion and questions, let's discuss what's going on with ★ OANDA:NZDJPY ;) Regards R. Linda!
Long
by RLinda
4