Here is my technical trading plan for USD/CHF: On a weekly chart attached, ( ) we can see that USD/CHF from July 2023 to October 2023, this pair rallied and created a new high. From that time, the price hit a "window" of resistance was created on the week of October 30, 2023. Consequently, this is the location where a lot of volume-transactions occurred,...
Technicals : Taking a second position in Natural Gas long Reasons : uHd pb to support and retook the kijun Daily cloud bulling Wicked Daddy Deeper pullback squeeze Price hit daily lower ADR and AWR and rallied Weekly 5EMAs signal and 15/50 signal: 1hour lower time frame crown fakeout:
Fundamentals : FED-BOJ divergence Risk : The US Fed suddenly starts to lower rates. Technicals : Daily Channel Cup/w Handle pattern Kijun Trend Bounce 5EMAs Past Resistance = Future Support Daily ADR reached Fixed Volume Profile support target: around 153
Fundamentals: I just checked out META's balance sheet. Its sales were over 20% for the first time since December 2021. I would like that to continue for two more quarters because the last two were not as good; however, they did accelerate consecutively since August or December 2022. That was the bottom of the stock's fall. Technicals : As sales accelerated...
Fundamentals : This is not a super stock. Those are hard to find. I have only found two. Futu is an online brokerage and wealth management platform. I visited this company in China. I went to experience the customer service. I was also able to meet some of the management team. The customer service is excellent and so is the management. Their concept in China...
Fundamentals : Unsure Rejection Confluence: 200ma+200ema+kijun rejection+50/61.8 fib rejection close below 50ema and 50 kyan tk twist
Fundamentals : Institution have a bearish forecast for the pound to drop below 1.20 against the US Dollar withing 6-12 months. Technicals : Quarterly Engulfing Bearish candle Weekly Head and Shoulders Pattern with the cloud about to twist in the bearish direction next week (Week of October 12, 2023). Price is below the weekly kijun. Daily candles are weak while...
Fundamentals: Geopolitical tensions in the Middle East have increased the vulnerability for this pair. Oil should rise to $100, which is positive for CAD. Technicals: H&S pattern dRd Extreme short indicator Weak retracement after a-b-c extension down bands not impending the fall or causing confusion Weekly BBT Monthly chart bearish engulfing + med. pbs...
Fundamentals : Unclear Technicals : Clear stage 2 pattern after a breakout and retracement 38% fib supprt Horizontal support multiple candles rejecting support area price breaching tenkan Price in upper range of Quarterly inside bar of Q3 2023. If breached this quarter, then price will more higher. 1st pullback of a new uptrend. Weekly and monthly kijun...
Fundamentals : A catalyst could be the upcoming UK rate decision today (November 2, 2023) Technicals : EURGBP Daily Upward Regression Channel Support Possible Kijun Trend Bounce Higher Highs and Higher Lows Second Daily pullback Weekly Tenkan+Kijun Cross
Technicals: New Breakout in UUP (US Dollar) coming. There is a tight area that lasted for 5 weeks, coupled with a cloud twist and higher volume and a cup pattern (no handle). MACDIchimoku's MACD in the golden zone and kijun newly above the water line.
Fundamentals : none Technicals : weekly med. pbs+ ktb daily dps 1st pb of new daily trend 61.8% pb tl support a-b-c down completion cloud support
Fundamentals : New Zealand's upside surprises in growth data, the stabilization of dairy prices and its expansionary fiscal measures are over. These things have propped up the kiwi. With these things moved out of the way, the focus of banks will be bearish on the kiwi. I believe that oil prices will rise to $100. Also, I believe that the relative to New Zealand,...
Fundamentals : Exploding results from earnings report, accelerating sales, A+ quality institutions buying the stock; Its earnings stability is not as favorable as I would like it to be, but overall, the quality of the company is healthy. Technicals: Daily : Counter a-b-c wave completion in an uptrend (with volume commitment in selling action) pullback to the...
Fundamentals : Exploding earnings, accelerating sales, A+ quality funds are invested and good earnings stability. Its strength relative to the S&P500 is great. Earnings are coming out November 2, 2023. Going forward, I believe that the trend in earnings will continue. Technicals : Weekly u3v volume with a doji candle or hammer candle Daily deeper pullback...
Fundamentals : Not the best and not the strongest of my screens, but relatively ok. Technicals : The only reason why I am taking this trade is because of the cup-with-handle pattern. I am letting that guide me for now despite the not-so-good fundamentals. The trend is up... Only risking a tiny 0.1%...
Fundamentals: Increasing earnings and growing sales on a q/q bases. Return on equity is about 58%. So, for each $1 of shareholders' equity it has, the company made $0.58 in profit. On October 4, 2023, the company received a contract from US Space Force to support systems engineering and integration of next generation space-based missile warning, environmental...
Fundamentals: Deteriorating economic-fundamentals for the South African Rand: "It's a futile exercise trying to defend the exchange rate," says the South African Central Bank governor. He won't defend the depreciating rand. According to Reuters, Kganyago says that the "bank's main concern remained fighting inflation, reiterating that risks to the inflation...