A good opportunity to short Oil has come up. There is a bear flag on the 4H timeframe…now potentially forming a retest wedge pattern into the point of interest I have marked out. This is a 1:11.44 R trade and if held to $60.50 which is where I think Oil is heading to by May, then it is an 80R opportunity- though I do think it best to take most of the profits off...
Last AMD trade was just stopped out, re-entering here with a 1:16RR. Probability 8/10 Risk to reward 7/10 Overall rating 7.5/10
1:3 Risk to Reward High probability trade setup. 80% chance of success. Risk to reward rating 4/10 Overall rating 6/10
AMD is now at a key demand (support) zone. There are two very clear patterns hearing into it which makes this a great trading setup. Probability rating: 5/10 Risk to reward rating: 10/10 Overall rating 7.5/10
I see a good opportunity here with Bitfarms. It’s been holding this level very well amidst the strong volatility. It is a 1:31.5 risk to reward opportunity Probability rating 5/10 Risk to reward rating 10/10 Overall rating 7.5/10
Big liquidations in the crypto markets over the last 48hrs with sentiment turning very bearish. But from a technical pov does this look bearish to you? The Elliot Wave correctional waves couldn’t be any clearer with beautiful symmetry. The market already tested deep into the demand zone and has shown some strength to suggest it’s a worth a go in my view for a...
Revolve group holding up well despite the strong selling pressure across the markets which I see as a positive sign. I like the clear demand level here with a great looking wedge formation heading into it. Trade rating: Probability 7/10 Risk to reward 7/10 Overall rating 7/10
Expecting a bottom at approx $12. Convergence of two major trendlines into significant demand zone. High probability trade. Trade probability 8/10 Risk to reward rating 8/10 Overall Trade rating 8/10
Potential 23R opportunity coming up on ADA. If the price moves down as shown there will be a meeting of two significant trendlines coinciding with major support (demand zone). Whether it heads down there as shown - I don’t know - not here to make predictions. But if it does it fits the rules of my trading system for a high probability setup… ‘If this happens,...
This is a long term trade idea for Palladium targeting $9900. This would be a approx a tripling of the previous all time highs. This is going to take 7-10 years to materialise. There will be plenty of opportunities on the way up - this is just one trade to start with. Probability rating: 4/10 Risk to reward rating: 10/10 Overall rating: 7/10
26R opportunity on C3.ai Probability rating 4/10 Risk to reward 9/10 Overall rating 6.5/10
The higher time frame shows strong indication that the SPX is close to seeing a big move up. Right now there is a very nice wedge pattern heading into support and I think this could be a prime opportunity to get in. The setup is also occurring around key timing (NYSE Open). Probability rating: 4/10 Risk to reward: 10/10 Overall rating: 7/10
I think coinbase has a good chance if still heading a bit lower down to 220. The move down today so far so been very swift after a breakout yesterday which is indicative of a false break. There are however mixed signals as other miners look ok. However CLSK also has this bearish look to it so I think further downside is more likely before the market continues higher.
Here really marks I believe an exceptional opportunity. It is a 1:2700R trade. Will take 5-10 years to play out though - so while this looks like an exceptional risk to reward it is deceiving due to the time value of money. For example 2x 1:1000R trades is far greater for profitability than 1x 1:2700R trade. None the less 2700% return is an exceptional...
It does seem like that is a bear flag formation and that we are in wave C corrective. There is also a line of stop losses which looks like a plausible reason for the market to run through those stop losses under each low. The market has also failed to break above resistance so far and it would therefore be risky going long now as we are in the middle of a range...
Absci Corporation I’m liking the look of this setup. Clear range broken at the lows and then the market perfectly retested the break away block. I’m expecting a move up to 12.6 minimum. The risk to reward ratio is 1:9.4 The probability of success is 40% Overall I rate this setup 7/10
I wouldn’t be going long on Tesla at the moment. Best to wait and see if we get an ABC correction sequence down to the next support level a shown. If we do I see this as a great opportunity to go long.
If Bitfarms closes below 1.37 on a weekly candle it would be a major sign that Bitcoin has peaked. I don’t think this is likely but I do think this will be the final chance to go long on Bitfarms as this is a major support level between 1.37 and 1.75. The opportunity is a 1:17.5R trade. Trade quality: Chance of success 70% (assuming market moves into the zone...