Charts_N_Candles

Charts_N_Candles

DXY looks poised to break through the 105 barrier on probable 50bps hike in March. 1. Inverse Head and Shoulders setup on the daily 2. Currently sitting at resistance for 2days+ 3. General risk-off sentiment post Powell speech and issues at Silvergate/SVB I'm cautious and DCA'ing into preferred assets

Charts_N_Candles

1. Hammer pattern on candlesticks 2. Dollar weakness should facilitate ZAR strengthening to 17.8

Charts_N_Candles

1. Parabola broken 2. 3 ascending scallops pattern complete 3. Target 102 *Should give a boost to stocks and Bitcoin

Charts_N_Candles

1. Bull flag on weekly 2. Waiting for successful breakout and backtest before entering long

Charts_N_Candles

1. Large bull flag on the weekly 2. Support tested and held 3. Global macro lends itself to store of value thesis, in addition to green transition requiring silver.

Charts_N_Candles

1. Bullish pennant forming 2. Target is $42.76 3. Support tested and held

Charts_N_Candles Updated 

GOOG D1 looking bearish post-split ahead of earnings tonight. 1. Downwards breakout from bear flag 2. Susceptible to advertising industry pressures

Charts_N_Candles Updated 

Pinterest showing a bear flag on the daily. Target around $10.60, significantly lower than current $19.48.

Charts_N_Candles Updated 

XLE is showing early signs of a significant reversal following a 27.5% gain since April 25th this year. 1. Bearish rising wedge pattern forming on the Daily timeframe 2. Descending volume across pattern vs rising price 3. Five unfilled gaps to the downside Short from $87

Charts_N_Candles Updated 

Bitcoin has now spent around 14 days forming a Descending Triangle Pattern. This Descending Triangle has 5 key parameters, 3 of which have been met. 1. Price has touched both trendlines forming the triangle at least twice 2. Volume is descending across the triangle pattern 3. No blank space within the triangle itself We are now waiting for 4. Breakout above...

Charts_N_Candles

1. Inverse head and shoulders set up 2. Points to +92% target with right shoulder formation complete

Charts_N_Candles

1. ABC correction looks complete 2. Retracement trade looks like +32%

Charts_N_Candles

1. Neat bull flag setup on 4h chart 2. Target is $12, or around 100% from current levels

Charts_N_Candles

1. Uranium supply shortages 2. Major producer 3. Inverse head and shoulders pattern

Charts_N_Candles

1. Range breakout 2. Inverse head and shoulders pattern 3. Earnings in just over 3 weeks

Charts_N_Candles

1. Silver market in supply shortage 2. Inflationary environment 3. Store of value and key to green revolution

Charts_N_Candles

1. Uranium market suffering from supply issues 2. Spot price rising since beginning of year 3. Inverse and shoulders pattern + breakout

Charts_N_Candles

Facebook still completing an ABC correction. 1. Looks like B wave will be in the $358 region 2. After that it's a long way down to 300s/late 280s range 3. Fed tapering announcement expected in 2 weeks Will short at B wave level for expected +15% gain