MannyKaye

MannyKaye

Seeing LINK pullback from its rectangle breakout towards the upper boundary. I would be out on a daily close below $16.30, aiming for an upside target of $23.20. Potential 2.5x gain💰

MannyKaye

Failure to close above resistance and cross of Cloud base line with conversion line. 3:1 RR

MannyKaye

- Inverted H&S - Break and throwback to trendline - Above 50 and 200 day EMAs

MannyKaye

- Bearish engulfing - Selling climax - RSI overbought - MACD about to cross - Looking for retrace towards 50 day EMA - 3.44 RR

MannyKaye

Reclaim of key pivot at 10.30 which is also the neckline for the inverted head and shoulders pattern. Take profit is $16.90, stop on daily close below the 50 day EMA.

MannyKaye

I am generally not an advocate of bottom picking but if you wanted to rotate BTC into ETH between .049 to .054 looks like a good area to do so

MannyKaye

- Inflection point - TD 9 Sell Setup - Weekly R2 Pivot - RSI rolling over

MannyKaye Updated 

TL and inflection point combo, price rejection via shooting star

MannyKaye

Bearish engulfing at inflection point, good R:R. Looking for a move lower

MannyKaye

- Price rejection at inflection point - Targeting short term range low with take profit placed at demand zone - Out on a close above inflection point.

MannyKaye

Is it finally time for gold to make a move higher as macro tailwinds turn into headwinds and geo-political tension rise. The risk to reward here justifies building an early position in anticipation of a breakout.

MannyKaye

Are we witnessing accumulation in IWM before another leg higher or is this is the start of the distribution phase? I am thinking distribution after the failed breakout at the top of the range and now a rejection at the bottom of the range after the throwback.

MannyKaye

Oil has been unstoppable as of late. Yet, as the chart below shows we are at the yearly R1 level and have formed a hanging man candle formation at extreme overbought levels. A Demark 9 sell setup also looks like it could be triggered by the end of this week.

MannyKaye

The Nasdaq 100 looks like it will move lower. After tagging the 40 week moving average and yearly pivot level on this throwback to ~15,000 it formed a shooting star candle followed by a bearish engulfing. Apart from the Covid lows we are also at extreme oversold levels, yet this does not meant the market cant go lower.

MannyKaye

The US 10 year yield is now at a crucial level. Not only is 2% a significant psychological number, it is a key resistance level. The shooting star candle formation at the Yearly R1 pivot level shows bulls dominated most of last week but were not able to hold the gains. In the lower panel we are quite stretched in terms of upward momentum. The last 4 times the...

MannyKaye

Shorting SOL here at prior support turning into resistance.

MannyKaye

Z1P is forming a descending triangle which would become valid at $5.38. If we trade through there and the 200 moving average we could fill the gap and trade towards $3.60

MannyKaye

Tex book inverted head and shoulders pattern on Rio. Strong close on a Friday with increased volume. Implied target is $159.82