GBPJPY Detailed 1H Analysis June 16-25thDaily Bullish Flag has been established. See related link. The details of the flag pattern right now is price started making higher lows while continuously making lower highs. Therefore price is respecting support trend line and 200 Bollinger band has squeezed indicating a breakout will occur soon. Being that there is major news next week on the 23rd and 24th price should breakout of flag for major impulsive move to continue up trend. Expecting price to make a swift movement to 156.600 upon breakout. Strong Possibility of continuation to 157.900. These levels are Daily support/resistance levels I have marked through out price history.
Weeklyanalysis
Why Bitcoin could to reach the $100,000 USD soon?Bitcoin it's the money of the future!!! Now, we see in weekly timeframe that BItcoin formed a correction, and we can to end the cycle #4 of this elliot wave cycle to enter in the new impulse #5 toward the mark of $100,000 USD. Also, if you mark the Fibonacci from the $10,000 USD to $64,000 USD, we note that Bitcoin form a support key at 0.618% of Fibonacci, and that it's awesome because the trend continue bullish.
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Now, in this other screenshoot, we are talking the same timeframe. But I just want to show you the price action on weekly timeframe what Bitcoin make. Bitcoin form a bullish hammer, that it's a potential bullish trend that we may to continue up to $100,000 USD. Remember one thing, Bitcoin it's ever the money of the future. And this was the first cryptocurrency that born in the internet on 2009. For that, I may to becoming a Bitcoin orator and influencer to give you always quality information to understand what it's Bitcoin and how it's work. And also, the cryptocurrencies like Ethereum, Cardano, XRP and much more.
As I always I learned in myself, hold Bitcoin in the future, but to know it, you will need to invest your time in your own education to know this secret world that population doesn't know. Don't hear the governments, TV news or people what they said, they're false that bring you false information that in sometimes you don't know why this happen. Be always autodidactic and invest your time in your own education. I've 3 years of experience in Bitcoin and cryptocurrencies since began on 2018 and I get mistake in my way, but I overcome this obstacle in my way. In the past 3 years, I started investing with $280 USD to get like 0.09 BTC, where I worked like a cashier in my supermarket, but yes I get mistake during this hard process. Now, later of 3 years, I have 0.44 BTC that worth $17,500 USD. But that money, it's thanks for Cardano that help me to growing up my capital during the time, but my main enfoocus it's Cardano, I believe that this cryptocurency going by hand to hand in the next blockchain revolution, my goal it's to reach 20,000 Cardano coins, and join with Cardano to develop more resources and work with this cryptocurrrency to create a better world for our community. For that, Cardano was the best cryptocurrency during 2021 until now. For that, investing in cryptocurrency have a good experience what during these 3 years, that was incredible in myself investing and knowing how to invest in Bitcoin and cryptocurrencies.
Guys, if you like this analysis and opinion based in my experience, please comment below, give me a hand up and share this information with others crypto-traders and enthusiastic to know it.
I'm bullish in Tezos!!!Tezos it's so near to break out inminent. I decide to trade Tezos until 2 specific target. You can to get the target until $5.76 USD or keep this position until the $7.70 USD to touch the maximum price. Tezos price it's around of $3.50 USD and I buy 234 Tezos contract in Simple FX using my Cardano account to accumulate it.
Recently, I have accumulae 2,000 Cardano coins in my Simple FX account, that it's sum with 10,000 Cardano coins. But I want to talk about of one Cardano strategy that will be good for you and how you can to accumulate Cardano, and use this Cardano generated by your trading account to invest and hold by long term. This strategy it's called accumulate 1,000 Cardano coins, repeating tis proccess to get 1,000 Cardano coins and withdraw and generated another 1,000 Cardano coins.This it's fabolous for you if you beleive that Cardano it's your best cryptocurrency. MY GOAL IT'S TO REACH 20,000 CARDANO COINS.
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This was the yesterday analsyis of Tezos, we see that Tezos it's look extremely bullish to $7.70 USD.
Tezos it's following this trend line to bull market!!!Tezos it's look good to trade, hold and invest in the $3 USD approximately. I like this cryptocurrency and I admire this cryptocurrency and it's so similar with Ethereum or Cardano, but in the future, I interesting to know more of this cryptocurrency to invest by long term. But my main enfocous it's in Cardano, but in the future, this cryptocurrency show us that it's a solid cryptocurrency that you can to invest now or in the future if you have your main cryptocurrency working day to day.
Tezos could to go back to $8 USD in few weeks.
BTCUSD - Weekly OutlookBitcoin closed a couple of weeks ago above 33000 and since which has not looked back at that area and continues to look upward. The next bullish weekly target is in the region of 44500 and possibly up to our projected Elliot Wave d Fibonacci levels between 47000 and 48000. Should price break down from its current upward trend we could see a retest of the 33000 area and lower. Please see BTC Monthly Outlook for reference.
CADJPY : Expectation for week May 31 - Jun 4M/W/D are all bullish.
Price can dip into discount, close the weekly FVG and get rejected from bullish 4H zones as marked inside the weekly OB+
Eventual target is the M+W upside liquidity
Do note : there's a bearish breaker in formation after price rejected from the D OB-. However, since every timeframe is bullish, I would rather buy than sell.
Wait for price to show bullish rejection from 4H zones, then trade along.
Trade safe. GLGT.
SPX's weekly up date . Third week of May 2021.- P/E : @ 45 .54 . Third highest reading since "1875"!!! Tops land. 2% from becoming the 2ed since 1875 .
" Usually bottom of crashes not tops". I guess P/E is becoming "Irrelevant" to investors with M2 getting fatter ;-) .
- SPX's Dividend Yield: @ 1.37 Possible target is 1.10 2000's bottom !!! US10Y @ 1.63 "consolidation Mood !!"
-Historically 10y note has a side way movement relative to SPX in May.
- Insiders: 205 Sell, 65 Buy nothing Out of the usual.
- Seasonality: May Max 5.3 % Min (-8.1%) past 20 Years. With Q2 of post presidential election, since 1950, gain
of 5% (already 3.5 % in the first 10 days LoL !!!
- Deviation : Daily - @12.83 % (64 % single pullback) weekly - @40.97 % (46% single pullback/54 % double pullback !!!)
Weekly is in favor of a pullback with 54 % chance.
- Candles Auto recognition : Bearish Long upper shadow is our last 36 % success rate. Monthly Nothing 7 months for monthly.
- Putt/Call composite @.702 Still holding Higher Highs/Higher low. Golden Cross "Achieved !!!".
-Total Option Volume: 478888 keep hitting this resistance again and again.
- VIX : In our safe green zone, we hit 18 " We spiked above our green safe zone but we tracked back within days'.
- VWAP: @ 67.5 = No man's land, closer to troughs and up swings..
- DIX : 42% No man's land .
- GEX : @ 7 M. 55% tops land, 35 % up swing 10% false signal.
- SPX : Above averages . Nothing here to mention.
- NYSE: Above average : 50D broke 50 line down then up signaling bottom has been achieved. Will it go back down ?
not good at all to break down the 50 line.
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Key for this week :
1/ Golden Cross on PC.
2/ Higher Deviation on weekly favoring 54 % double pullback.
3/ NYSE 50D broke 50 line then bounced back keep an eye on this if it break below 50 again.
TATAMOTORS - Bull Pennant Breakout - Weekly - Swing TradeThe above analysis is done purely based on Price action and Popular chart analysis.
The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target.
Analysis and trade setup has been shared in the image itself.
Don't run after the price, and always trade based on your study.
Maintain proper risk management.
Also check out my other ideas to know how even a beginner can earn money from stock market with help of simple price action.
Feel free to comment or message me regarding this analysis or to know more about chart study and learning price action.
SILVER weekly analsysis 🦐After the amazing profit of this week, we check the weekly chart of Silver.
The price is in a huge ascending channel and tested the lower trendline and the long correction movement might be to an end soon.
If the market will break above according to Plancton's strategy we will set a nice mid-long term order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BLISS GVS PHARMA BuyLow-Risk & High-Profit Trade
Share Name: BLISS GVS PHARMA
Reason to buy:
1.) Trendline Support on the weekly chart.
2.) RSI oversold on the weekly chart
3.) MCD recover from the bottom.
BUY: 103.70
Sl: 90
TP: 153, 220
Note: Share can hold for a long time. very Less possibility to down from the current price.
Double Tap With Weekly Key Level Setup This is a major key level set up With the weekly level being the star of the show this week. I am looking for either a pullback off this level that will be bullish of course. Or a smaller pullback that could lead to a continuation further down.
My bias? This is about to be a reversal. We already reached this area on March 31st. Now we have returned. This could be a double-tap move for the bull run. We'll have to watch it and see.
BULL TPS:
• 1.47951
• 1.48377
• 1.49166
BEAR TPS:
• 1.46560
• 1.45902
Bearish Engulfing Retest This WeekPrice came back to a weekly level and rejected it once again. this time, it created a bearish engulfing to end the week. So this week I am looking for a retest of this bearish engulfing That happens to be on the daily timeframe.
Also on the daily, you could see that it formed a bearish harmonic. So I am expecting this to be heavily respected. This could be an indication that we are breaking a range that has occurred for several weeks now that is also seeing clearly on a daily timeframe.
So, this can possibly signal a major breakout swing trade for the short starting this week. But first, let's wait for the pullback to be completed first before we take the swing sell. This has been a fun pair to trade for all of April. Can't wait to enjoy more this month.
BULL TPS:
• 151.328
• 151.633
• 152.091
• 152.459
BEAR TPS:
• 150.834
• 150.359
• 149.833
Multiple Confirmations For The ShortI have multiple confirmations for the short to last at least a few days or for the week. We have a bearish engulfing on a daily timeframe plus, we also have multiple bearish engulfing candles on the 4-hour chart after the monthly level was respected as resistance.
So one of two things is going to happen: this will be a pullback for another bull run, or we're about to do another nosedive to make a new lower low. Let's find out.
BULL TPS:
• 58096 .71
• 59603.93
• 61359.15
BEAR TPS:
• 55750.00
• 54364.99
• 52953.39
Dogecoin to $1 dollar soon: OH MY GOD!!!I see that Dogecoin are becoming so popular cryptoucrrency that could to beat the next cryptocurrency. I have a forecast that Dogecoin could to take the place #4 or #5. I don't know this proyect, but I heard about this cryptocurrency from 2019, and I remember htat Dogecoin worht just $0.002 cents, just for below of 1 cents. I'd never buy Dogecoin becuase for me in 2019 this cryptocurrency it's look so stupid with a yellow dog background, their logo. But right now, I was sorprendent of this cryptocurrency that entry in the tops best cryptocurrency in the radar and becoming so popular what Elon Musk do. But, right now I notice the importance in it. But very soon, I'm interesting to study Dogecoin and what about of this popular cryptocurrency that could be the most popular cryptocurrency in 2021-2022 together with XRP, Cardano, and much others.
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This could be my 3 targets profits for Dogecoin, now if you invest and hold this cryptocurrecy from a lot time, congraluations!!!
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In short term, Dogecin could to reach the mark of $1 dollar. This cryptocurrency it's growing up more than others crytpocurrencies.
And well, if you look the Dogecoin supply in circulation, there're over 129 billion. For each 1 dollar, the Dogecoin market cap could to overpass the popular cryptocurrency like Polkadot, Cardano, Tether and XRP. Now, I don't know why this happen, but I will goign to review the fundamental analysis of this cryptocurrency and study the fundamental analysis of Dogecoin.
At the moment, the only that I make it's to sell part of my Ethereum to buy 10,000 Dogecoins and fund in my Simple FX account, recently, Simple FX add Dogecoin account for cryptotraders who want to accumulate Dogecoin, and for that, I take this decision to sell part of my Etheruem to buy Dogecoin.
Guys, very soon, I will going to talk about of Dogecoin if you're not understand about of this popular cryptocurrency in our radar and know what happening with this cryptocurrency that it's growing up fast.
Bitcoin Cash continue up to $1,500 USDThis cryptoucrrency show us an interesting trade to know that we're in this bullish trend. This it's the weekly chart and we see that Bitcoin Cash continue ascendint to $1500 USD in few weeks.
At the moment, this it's my information that I have in weekly timeframe!!!