rfc4

rfc4 Updated 

Bull Scenario = Falling wedge with a push off the 72/89 EMA cloud. Bear Scenario = Inverted head and shoulders pattern with a failed bounce off the 72/89 EMA. MACD may be stalling and curling. This is a weekly chart so a bit more macro. $MSFT

rfc4 Updated 

XAUUSD monthly. Posting a massive cup and handle pattern relative to the USD. All signs are pointing towards gold going up massively in value relative to the USD in the very near term (in a macro sense).

rfc4 Updated 

The daily and weekly $SANDUSD chart is looking interesting as it is testing a downtrend, creating a good R/R entry for an upside breakout.

rfc4 Updated 

Zooming out to the monthly CNHUSD which represents offshore yuan, we have clearly had an exit from the downtrend that has been in place for close to a decade. The big question is, what's next? Right now, I'm seeing the CNH drop out of a rising wedge to potentially retest the downtrend and/or the 72/89 EMA cloud. I've drawn out my best guess on what a retest would...

rfc4

Looking at the inverse here on $SH. Currently climbing through the the EMA clouds. Something to keep an eye on.

rfc4 Updated 

Monthly chart so much more macro. Theoretically, the way this could play out is that it falls out of the rising wedge to retest the 72/89 EMA cloud. After that, its make or break on falling back in line with the broader downward channel or to send it and bounce off that EMA cloud. The interesting note is the implications of what a bounce off the EMA cloud means......

rfc4 Updated 

Potentially an interesting bullish inverse head and shoulders pattern emerging on the $BTCUSD weekly chart. Within a more macro ascending channel, the most recent candles have formed a left shoulder, head, and are starting to form the right. With the price currently testing the 20 and 50 VWAP, we may get a bounce. However, if it does fail, we still can rely on...

rfc4

Inverted head and shoulders on the $ITA. Someone is thinking we may be ramping up on weapons...

rfc4

Such a thought provoking chart. Monthly log scale and chart is forming a symmetrical wedge. There are so many scenarios at play right now that either push Europe into a breakout economy or into a turmoil. No specific trade here or anything. Current chart looks like it will be harder to go much lower here but we'll see.

rfc4

Africa ETF $AFK testing multiyear downtrend with an inverted head and shoulders pattern. Testing the 72/89 EMA cloud. Breakout to the upside would likely go at least 15% up.

rfc4

I find these two charts absolutely fascinating right now in the face of the geopolitical changes happening. This idea stems from a pretty simple question: Who stands to benefit the most should supply chains need to be retooled because our current providers fail? If the economy in China implodes due to civil unrest or a structural change in CCP/PRC leadership,...

rfc4

Well. Interesting theory. What if the rounding top happening with the $XLF will precipitate $GME to the moon? Or visa versa? An outside event that causes a desperate need for capital could cause hedge funds to liquidate short positions. Or perhaps a reversal from the feds to QE from QT because we're at risk of a recession, signaling cheap capital is coming and...

rfc4

Monthly chart of silver. Monster cup and handle with a breakout bias to the upside. Corresponds with other global macro events happening.

rfc4

I normally don't play shit coins but this was too tempting. I rolled some profits from some other crypto into this play. Downside for this long idea is that it has VWAPs to clear but if it can get the volume, that shouldn't be a problem. This is high risk/volatility so trade with caution.

rfc4 Updated 

Symmetrical triangle with a large consolidation base. All VWAPs and EMA clouds are under and supporting price. Current price is starting to emerge out of volume profile as well. Should be a good rally although macros like these tend to be multi-month holds at a minimum to play out well.

rfc4 Updated 

A great looking symmetrical wedge on $MANA. This is a more macro weekly chart view. Will probably take a few weeks to pan out but structurally looking positive. RSI and MACD starting to reverse.

rfc4

Inverted head and shoulders on the daily. The weekly looks like a symmetrical wedge that is trading horizontally for a while now. This will likely be a more macro play over time but this implies that there may be a higher upside for $ETH #ethereum than there is #bitcoin. Just a currency play here.

rfc4

Potential bullish falling wedge on #bitcoin $BTC. Finding support on the volume profile. Still doing some battles with the VWAPs. Keep an eye out for a big volume move + a close above the VWAPs for confirmation and further upwards movement.