We will continue to beat our fists on the table that Asia has bottomed vs US equities. simple chart here. FXI (China large cap index) vs SP500 RSI popping out of oversold on the 2M with a nice bull div. This is setting up for a multi year move. Likely at least the remainder of the decade.
no idea what OTC:PNGAY is, but following trend with some other asia plays we like. monthly wicking off support. if we can get a break above 3D rsi, this should really run.
baba might be the setup i'm attracted to the most. showing strength at the decade low. expected this to break the downward trend any time now. looking to the fill the gap up around $84 by eoy.
Got in both of the trades. Same as GU I think EU is going for the HTF order/liquidity points. I'm still in the long. What do you think? DBR = Drop Base Rally Demand Zone Arrows = inducements
TIMING: Asia - After Equities Open LEVELS: 4H Break & Retest/Head & Shoulders SETUP/ENTRY: 15m B&R on Depletion BONUS: RSI, 2CT
ASI need to stay above purple line in monthly chart. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...
TIMING: Asia LEVELS: Weekly, 4h, 15m BEHAVIOR: 4h B&R, 2CT SETUP/ENTRY: Pullback to REV/RSL (rejection- sell limit), B&R/D (depletion) BONUS: RSI, Correlation(GU, EU, AU, NU, UJ), 3-Level longs in the market
TIMING: ASIA LEVEL: DAILY, BREAKOUT SETUP: REVERSAL (Broken Trendline + Double Bottom) ENTRY: MOMENTUM
TIMING: Asia LEVEL: Weekly, 618 SETUP: BOBBI, 618 ENTRY: Depletion/Rejection, Momentum
TIMING: Asia LEVEL: Daily, Weekly SETUP: Break & Retest ENTRY: Depletion
TIMING: ASIA LEVEL: Weekly, Major Resistance SETUP: Cypher Harmonic ENTRY: Limit Order, Stop loss using ATR
TIMING: ASIA LEVEL: Breakout, Round Numbers (145.50) SETUP: Break & Retest ENTRY: Rejection
TIMING: ASIA LEVELS: Round numbers (0.8800) SETUP: B&R ENTRY: REJECTION
Long term buys from here down to a possible gap fill (low 30's from 2019-2020 pre pump to 300s) have a great R:R if you have a long enough time horizon. Company is putting in the money now to have effortless positive earnings/share in the future. Hard to ignore at these levels with the CEO still so heavily invested and holding strong. Long term price target > $100...
Thanks for reading the update. Qtum has the possibility to return to old levels since the Asia hype increase volume.
System has identified a “BOBBI” playbook setup and an “inside bar momentum” entry during the third hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry...
System has identified a “REV” playbook setup with a potential sell stop “momentum” shift market entry during the first hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying...
System has identified a “618” Fibonacci retracement setup and executed a sell “limit” shift entry during the pre-market ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and...