$BTC dropped 8% last following Jerome Powell's hawkish messages at Jackson hole, stock market lost billions of dollars after the 8 minutes speech. Inflation is getting out of control if central banks don't move aggressively and Powell know that, this is why he sounded so hawkish : “We are moving our policy stance purposefully to a level that will be sufficiently...
Natural gas trading volume is huge and it has been a very volatile market, price has printed a new HH but now it looks like the uptrend is exhausted after forming this H&S pattern. After Nord stream's maintenance success, we expect $NG to retest $8 level.
$BTC broke below the pennant pattern and now in a retest phase, looking for ECB meeting to see how hawkish the interest rate will be. Prev: 0.5% Forecast: 1.25%
Gazprom will stop all gas flows to Europe via the Nord Stream pipeline from August 31 until September 2, Russia's gas giant Gazprom announced on Friday.
If you were stopped shorting US indices for many times then this is your chance to come back from losses! $AAPL is the heaveist stock and it impacts the whole stock market, PA looks exhausted and just broke below the ascending wedge, short setup with 1:2.5 RRR.
Shorting $ETH from 1730 with 8% risk and 24% potential gain seems a good opportunity especially with the coming US CPI data and a potential fed aggressive hike int he next meeting.
DXY AND EXY FORMING H&S PATTERN , DXY DOWN - EXY UP! WE MIGHT SEE THE EURUSD STRENGTH VERY SOON.
Brent oil breaking out after a very long down trending period, now targeting $112 a barrel.
Price action looks very bearish ahead of FOMC meeting, shorting from a retest of a structure area targeting the next HVN at 1270.
US30 H&S formed a H&S pattern indicating buyers exit, $DJI will bleed after FED 75 or 100 bps interest rate hike. Good RRR setup, fundamentally solid.
$MSFT & $GOOGL disappoint, Fed 75bps interest rate hike sends $SPY to 3750.
$GOOGL misses Q2 earnings + 75bps FED interest rate hike. Sending $GOOGL towards $100 mark
Swing trade: GBPUSD was down trending for several weeks, after Boris Johnson left office, pound gained some strength but it was very short term move, now FED is expected to hike interest rates 75bps at least.
$ADA breakout after down trending for several weeks, now targeting 0.54
Natural Gas is a very important energy nowadays especiall in EU zone, Germany fears coming winter as Ngas supply is so tight because of Russia-Ukraine & Russia-Nato conflict. Most of Europe countries can't survive winter without Ngas which makes it very demanded, NG price is expected to skyrocket starting from now as you can see in the chart, we just flipped...
euro is getting weaker as food and energy crisis in the EU zone soars, ECB didn't hike interest rate yet signaling for more selling pressure on EURO. targeting the EURUSD 1:1 peg.
Next Wednesday we will get UK's GDP data, it is expected to be negative as recession fear soars. Boris Johnson will likely continue to serve till October which not bullish for Sterling. A good entry point for a sell position would be 1.218 for a TP of 1.19
$SOL looks bullish after the breakout of the down trend, price is now retesting it and might continue going higher.