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This honestly might be the best risk:reward setup I have ever seen on a trade. While the fundamentals might not agree... we know that anything can happen in this market. Expect the unexpected.

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Great example of technicals working well together with news to create a beautiful trade We posted this setup on 07/07/2021 in our trading group

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This forecast revolves around the ideas published by Edgar Lawrence Smith in the 1930s. He noted that the broaded markets trade in a 10 year cycle starting with the years that end in the digit "1". The forecast expects bearish pressure coming into September/October before returning to ATH levels.

portfoliokingsllc Updated 

Oil looks for a bullish continuation as it tests long-term resistance in the $66-$67 range. A breakout above this range could send oil flying above $70. With hyperinflation on its way... Oil could be on its way to retest all time highs in the long term.

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Trend Model shows bullish. Consolidation zone is likely to break upwards past 2020 highs.

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Composite Model -- Neutral but remains close to switching bullish Trend Bands -- Acted as support. Bullish Linear Regression -- Overextended 2 STD to the downside Trend Oscillator -- Bullish since November 2020 Trend Clouds -- Well over-expanded. Looking for a reversal to the upside. Overall: All signs point to bullish. The clouds and linear regression...

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Pure Harmonic Bearish Butterfly Identified using Scott Carney's HPC

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Interesting way to look at the fibs here on AMC By measuring the first AMC swing which resulted in a symmetrical triangle consolidation we can see that the breakout which occurred from that has extended 3.14 times the distance of the first wave. Along with the fact that we formed a strong RSI bearish divergence here at all time highs was a strong reason for AMC...

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Not the most ideal falling wedge but it has broken out nonetheless. While we see a bearish divergence forming down here. This is not to be taken heavily. Given the insane, continuous volume we have been seeing recently I would not be surprised to see WISH continue its grind higher.

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This is a quick overview of a recent runner $TRCH. After gapping through all time highs. We have reached, and closed exactly at, the all time 1.618. This resistance is just as strong as any other and I expect to see some reaction here. Along with this we have a bearish RSI divergence deep in overbought territory. While we may continue well past this level....

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Welcome to our first educational post (rather than analysis). Today we are taking a look at the overlooked 0.886 retracement. This measurement has been popularized by Scott Carney's Harmonic framework. This measurement is a key aspect in the Shark Harmonic Pattern which we see above. Along with the "0.886" which signifies an undershoot. We have the 1.13 which...

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Falling wedge with bullish harmonic structure

portfoliokingsllc Updated 

Nice setup on OXY Looking for a quick move to the overhead supply zone

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ADA/USD projecting a bearish harmonic with the C leg forming at a major support Fundamentally strong project Not the most ideal setup but with partial exits could lead to a nice trade or even HODL entry Some divergence on indicators not shown

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portfoliokingsllc Updated 

Quick look at the recent AMC breakout Nice symmetrical triangle which ended up breaking out after a clean RSI Class B Hidden Bullish Divergence

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RKT trading in a sideways trend. Fundamentally strong company. Low risk high reward entry with possibility for all time bottom

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BA recently broke out of a bullish falling wedge. No major resistance until the $300 region.