I'm looking for a short opportunity on EUR/CAD, as I see a clear bearish price action, with the price poised to sweep the lows toward the range bottom. Personally, I’ll wait for a possible spike into the FVG gap candle and look for a reaction before entering a sell position. Let me know what you think.
I entered a medium-sized short position on NexGen for several reasons, as the probability of revisiting the range lows appears high from this point:
1-The price briefly broke above the range highs but quickly reversed back inside, indicating a failed breakout.
2-A classic Head and Shoulders pattern has broken down and is currently retesting the neckline.
At the...
I'm considering adding another altcoin, SUSHI, to my spot portfolio. Beyond its strong utility fundamentals, the coin has been consolidating within a range for nearly three years and appears to be forming a higher low. I like its potential and am gradually building my position through DCAing, aiming to target the previous highs while taking profits along the way....
I've been following LDO for a while, and beyond its strong fundamentals in providing liquid staking services, I genuinely believe it is developing a solid uptrend structure. Personally, I've been dollar-cost averaging (DCA) around the $1.50 level, as I see a potential right inverse shoulder forming, which could lead to a breakout toward higher targets.
As a...
The altcoin market has been under constant pressure due to BTC’s increasing dominance. However, despite this, LTC has maintained a strong bullish structure on the weekly chart, which I find quite intriguing. It reminds me of XRP’s past performance. It might be worth the risk to add it to my spot portfolio. Let me know your thoughts!
Does anyone think this is a blow-off top driven by the tariff news, or could it be a breakout retest leading to further gains?
I'd love to hear your thoughts. Personally, I’m leaning toward a blow-off top reversal, but nothing is certain—only time will tell. Let me know what you think!
Following the major setback in 2021, Zymeworks has been actively working toward FDA approval for their drug, which they’ve now successfully secured. This approval could signal the continuation of an upward trend. I’m considering a buying opportunity around the $9 range. It’s also worth noting that they were listed on NASDAQ earlier this year. Let me know your thoughts!
I'm very interested in investing in Taseko Mines, as I believe it's poised for a significant upward move. From a technical perspective, I strongly feel we’re on the verge of a healthy retest before marching higher. On the fundamental side, I’ve been closely monitoring their financials, and they appear quite promising. I’d love to hear your thoughts on this.
Is this the beginning of a significant leg down for TC Energy? From a technical perspective, I strongly believe this area marks a distribution phase, potentially leading to further downside. The monthly engulfing candle, combined with a head and shoulders pattern visible on the daily and weekly timeframes, supports this view. Personally, I’m swing shorting with...
