PeterLBrandt

PeterLBrandt

ETH has been constructing a rising wedge since Jul 2022. Price has stalled at the upper boundary of this wedge. A "roll-over" on the daily chart will signal a "go short" trading signal. The short trade will be wrong and covered for a loss if ETH moves above 2441

PeterLBrandt

The Swiss Franc is in the process of completing a massive multi-year scalloping bottom against the USD that should send CHF into new ATHs

PeterLBrandt

Shown are Factor Real Range bars. The breakout remains valid. A close below 1930 is required to nullify the bullishness of current price behavior. Without nullification the target in Gold is $2,800

PeterLBrandt

This classical pattern was first popularized by the late-great Mohamed Ali. A breakout above the marked high could provide the energy for another upward thrust.

PeterLBrandt

Broadcom is challenging the upper boundary of a well-defined rectangle. Rectangles narrower than 15% of the underlying value of the asset is my absolute favorite pattern.

PeterLBrandt

The price of Gold has never surpassed $2,000 on a monthly closing price basis. Tuesday is Oct 31. Be on the watch. Gold is in a major bull trend. My target is 2,500, then 3,600.

PeterLBrandt

With a history of adherence to classical charting principles, the USD/CNH cross is poised for a significant upside breakout into new high ground

PeterLBrandt

The 3-day daily ADX reading of 11 is RARELY seen in Bitcoin. The last 3-day ADX reading in the 11s was July 2020 just as Bitcoin began its rally from 9,200 to 64,000. Remember, a super low ADX reading does NOT mandate an advance, but only suggests a BIG move either up or down. A violation of the upper or lower boundary of the recent trading range is likely to tell...

PeterLBrandt

A decisive close below the neckline would spell trouble for small caps in U.S. market

PeterLBrandt

Typically the upside breakout of an ascending triangle will travel 1X to 2X in distance equal to the height of the triangle at its widest point. This would imply an advance toward 86 and possibly toward 88. $USD/INR. The best way to play this is with Singapore futures IMO

PeterLBrandt

A bullish chart pattern has been completed by today's rally. This week's low is my defensive point in long positions.

PeterLBrandt

Target would represent a 25% gain in the ETF. Wait for the breakout, then pounce

PeterLBrandt

Cathie Woods was the wonder lady/girl/woman/female of Wall Street a few years ago, prior to an 82% stock price correction which made her a candidate for the GOAT (the actual animal). But I am now interested in owning the shares of her company.

PeterLBrandt

I really do not want to chase this rally here, but a bottom of significance is in place. Periods of short term weakness can be used to purchase BITSTAMP:BCHUSD

PeterLBrandt

Even after hundreds of other junk coins have been introduced. Cream rises to the top always, and there is no creamier cream than Bitcoin.

PeterLBrandt

The multi-year base in Coffee, if this is a correct chart diagnosis, could send Coffee into the troposphere. Seldom have we seen "life-of-contract" multi year bases, but this could be one

PeterLBrandt

The massive ascending triangle completed in Mar 2023 has met its 1X target at 275,000 Yen per Oz. It is quite common for such a large pattern to eventually fulfill a 2X target. The daily chart is coiling into a pennant that should be resolved by an upside breakout. Tactically my trade is to buy Gold futures and sell Yen futures with an approximately equal USD value.

PeterLBrandt

The daily chart displays a rare compound fulcrum. This chart looks very constructive