Cape-Peninsula-Capital

Cape-Peninsula-Capital

Chart pattern: Bull Flag Entry: 23.08$ (this would end the trend of the correction) Stop: 21.30$ Target: 27.40$ Risk/Reward-Ratio: > 2:1 Stopmanagement: Parabolic SAR daily chart default settings

Cape-Peninsula-Capital

The price came back to a significant support area which is further defined by the 60MA, an uptrend line and the 23 Fibonacci retracement. Another interesting fact is that the price often reversed in the recent past when the RSI came below 45. A trade can be entered immediately and the stop should be placed at 110€. If the price hits the stop a next entry at the...

Cape-Peninsula-Capital

CGC broke the trendline and is now consolidating in a range. Also, the increase in volume and the fact that the MACD is in a positive territory again support the long scenario. The trade can be entered immediately and the stop should be placed under the 50MA at 23$ which also should function as a guideline for the stopmanagement. But be aware that the CPI data...

Cape-Peninsula-Capital

When the RSI was around 30 in the past the price bounced for the following months. Also, the price is backed up by the support area, the 100MA and a multimonth trendline. An entry can be considered at 350-370 and the stop should be placed close under the support area.

Cape-Peninsula-Capital

The price is at a crucial support area which is also backed up by the 50MA, the 38 Fibonacci retracement and a multimonth trendline. The trade can be entered when the reversal candle at 57,01$ is confirmed. The stop should be placed at 53$. If the support area does not hold an entry at around 50$ can be considered as it has provided a significant support area in...

Cape-Peninsula-Capital

The price broke the downtrend which was intact since the 10th of February 2021. Also, the increase in volume supports the idea that a shift in trend is taking place. The stop should be placed around 13$ (a price under 13$ would end the new uptrend) and the ATR stops default settings can be used as stopmanagement.

Cape-Peninsula-Capital

If the price comes back to the 35$-40$ level in combination with a reversal candle pattern (hammer, doji, engulfing etc.) the trade can be entered. After the reversal pattern is confirmed, the stop should be placed below the support area. The parabolic SAR (default settings) can be used as stopmanagement.

Cape-Peninsula-Capital

Chart pattern: Break out Entry: Immediately Stop: 55$ Target: 61.50$ Risk/Reward-Ratio: > 2:1 Stopmanagement: Parabolic SAR daily chart default settings Description: The price broke out of a trading range and is testing the former resistance level which now acts as support. The high volume from the break out is also confirming the long scenario.

Cape-Peninsula-Capital Updated 

Description: After the price gaped up above a significant resistance level which now acts as support it has formed a bull flag which retraced right to the support level. The trade can be entered immediately, the target is right around 296$ (1:1 Fibonacci extension of the former impulsive move) and the stop should be placed below the support area (244$). ...

Cape-Peninsula-Capital

Chart pattern: Bull Flag Entry: 16.41$ (this would end the trend of the correction) Stop: 14$ Target: 19.69$ (1:1 Fibonacci extension of the former impulsive move) Risk/Reward-Ratio: > 1:1 Stopmanagement: Parabolic SAR daily chart default settings

Cape-Peninsula-Capital

Chart pattern: Bull Flag Entry: 976.2$ (this would end the trend of the correction) Stop: 825$ Target: 1750$ (1:1 Fibonacci extension of the former impulsive move) Risk/Reward-Ratio: > 5:1 Stopmanagement: Parabolic SAR daily chart default settings

Cape-Peninsula-Capital

If silver would break the uptrend line which is intact since the beginning of April where would the correction end? If we project the last downward impulse move from the 18th of May this would bring us to the 26.6$ level which corresponds to the 38 Fibonacci retracement of the uptrend and there is also a major support level (price and 50EMA). A reversal candle at...

Cape-Peninsula-Capital Updated 

Chart pattern: Bull Flag Entry: 2686.45$ (this would end the trend of the correction) Stop: 2384$ Target: 3440$ Risk/Reward-Ratio: > 2:1 Stopmanagement: Parabolic SAR hourly chart default settings

Cape-Peninsula-Capital

Chart pattern: Bull Flag Entry: 79.26$ (this would end the trend of the correction) Stop: 76.15$ Target: 89$ Risk/Reward-Ratio: > 3:1 Stopmanagement: Parabolic SAR daily chart default settings

Cape-Peninsula-Capital

Description: The price is at a significant multiyear resistance/support-level and is forming a cup and handle pattern in the 4h chart which indicates that the market participants are preferring the long scenario Intermarketanalyses: The fact that we are not only seeing huge spikes in the inflation-data (CPI) which can be explained with the basis-effect but...

Cape-Peninsula-Capital

Chart pattern: Bull Flag Entry: 3.36$ Stop: 3.07$ Target: ~ 3.37$-4.14$ Risk/Reward-Ratio: > 1:1 Stopmanagement: Parabolic SAR daily chart default settings

Cape-Peninsula-Capital

Chart pattern: Bull Flag Entry: 76.70$ Stop: 54.50$ Target: ~112-150$ Risk/Reward-Ratio: > 1.5:1 Stopmanagement: Parabolic SAR weekly chart default settings

Cape-Peninsula-Capital Updated 

Chart pattern: Bull flag Entry: Immediately (the price ended the secondary downtrend of the correction on the 17th of May) Stop: ~35$ Target: 74$-98$ Stopmanagement: SAR Parabolic weekly chart default settings Risk:Reward-Ratio: > 2:1