In my previous post on FX:EURUSD , I mentioned that the pair likely peaked in the 1.1 zone, and rallies above 1.09 should be sold. As anticipated, the pair declined following another attempt to rise above 1.09, and it is currently trading at 1.0818. I maintain my belief that further downside is probable, with 1.07 remaining my target. Therefore, my strategy...
Analyzing the options chain and the chart patterns of SOL Emeren Group prior to the earnings report this week, I would consider purchasing the 5usd strike price Puts with an expiration date of 2024-7-19, for a premium of approximately $3.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of CSIQ Canadian Solar prior to the earnings report this week, I would consider purchasing the 19usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $1.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of TME Tencent Music Entertainment Group prior to the earnings report this week, I would consider purchasing the 11usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $0.43. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
In the daily time, after the floor in the range of 0.019, it has entered a motivational upward phase, which is facing a correction with the failure of the dynamic trigger and the specified supply area, which is supported in the green box area where a break has occurred. It will grow up to the next supply area. Otherwise, it can continue up to the range of the...
After the 2023 price target was reached: Now Powell's likely to take a hawkish stance tomorrow, given the CPI, PPI, and GDP data. Interest rate cuts probably won't happen before June, in my opinion, potentially causing both indices and the crypto market to decline. I would consider purchasing the 489usd strike price Puts with an expiration date of ...
In my previous analysis of FX:EURUSD , I mentioned that once the pair breaks and stabilizes above the 1.08 zone, we could expect a rise toward 1.1. Indeed, that scenario played out, and after reaching a high near that zone, EURUSD began to correct. Currently, the pair is trading near an old resistance, which has now turned into support. Typically, we would...
Selling from orderblock where there is imbalance. A lot of imbalance to fill on the downside. Will make trade risk free at 1:1 rr.
Filecoin is one of the coins that I anticipate will perform very well in the coming months. Like the entire cryptocurrency market, BINANCE:FILUSDT began a bullish trend at the end of October. However, at the start of this year, the coin entered a correction phase, experiencing a drop from above 8 to under 5. In mid-February, a new upward trend began, and the...
In my Friday post, I mentioned that I'm cautiously bearish on OANDA:XAUUSD , highlighting the possibility of a descending triangle forming. Indeed, the price once again failed to break above the descending trendline and closed the day just above the horizontal support of the triangle. Today, as the market opens and the Asian session begins, we observe a break...
Analyzing the options chain and the chart patterns of ZTO Express prior to the earnings report this week, I would consider purchasing the 22usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $1.10. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
In my post from yesterday, I mentioned that OANDA:XAUUSD might undergo a new corrective phase, potentially falling towards 2140. Indeed, after briefly testing the waters around 2170, the price dropped back to the 2150 support level and then rebounded. As indicated in the title, my current sentiment is bearish, and I anticipate a break below 2150. However, it's...
As you can see, the price took the liquidity that formed as a high in Daily FVG, had a bearish reaction, and shifted the market structure. Now the price trades inside the bearish order block that we expect to push the price lower. We need the LTF confirmation for entry. 💡Wait for the update! 🗓️13/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
After the Head and Shoulders chart pattern was perfectly completed: and the bullish trend started: Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week, I would consider purchasing the 1380usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $129.85. If these...
As you can see the price left the clean equal lows that can be defined as a target. Well, the price grabbed the liquidity above the previous day's high and changed the market structure, so in that case we can expect a more bearish move to sell-side liquidity. Please pay attention: We need LTF confirmation to execute the sell position. 💡Wait for the...
In times H4 and H8, after the breakdown of the descending channel in the form of a pullback to the range of $7500 and confirmation of the continuation of the trend, it is possible to reach the specified supply area according to the important resistance range, as well as the neck line of the range of 7500, with the support of this range, the ability to reach The...
Two days ago, following a very timid attempt at an all-time high, Bitcoin experienced a sharp and rapid drop to 60k. However, bulls regained control, and after some volatility within this range, the price stabilized between 65k and 67.5k. A closer look at the short-term chart reveals that pressure is mounting for an upward breakout, and this time, I anticipate a...
As I anticipated and drew attention to two weeks ago, FX:USDJPY peaked above 150 and, after several days of distribution, experienced a significant breakdown yesterday below the 149 support level. At the time of writing, the pair is trading at 148, and I anticipate further downside movement. The target zone is around 145, and the recommended strategy is to sell...