Cup and Handle has clearly formed on Standard Bank. I don't like this Bearish engulfing candle that formed. The price didn't break above the brim level so we will have to be a bit patient before buying. We then have other bullish signs in the meantime. 7>21>200 - Moving Averages RSI>50 - Target R200.00 CONCERNS: Obviously we are not going to buy until we get...
The WFC options market is displaying a bullish trend, with resistance at 50 and support at 47. Stay informed and make informed trading decisions by keeping an eye on these key levels. Stay ahead of the game with our latest update on WFC options trading.
Bank of America is one of the largest banks in the United States, with more than 4,000 branches and 16,000 ATMs located across the country. In 2008-2009, the bank was among the many banks that required a government bailout during the financial crisis. Despite these controversies, Bank of America remains a major force in the banking industry and continues to be a...
Looking for EURUSD to make this move to sell it. There is sellside liquidity down there. Entry will be based on the 5 min chart
My view for EURUSD today. There is trendline liquidity and trendline traders to be taken out. I think price will target their stop losses and then reach for the Daily Buyside liquidity. No entries for me today until FOMC. I will update you on Twitter and here If I enter any trade. Don't rush. Let the price show what it will do at 2.00 PM New York time. PATIENCE!!!
I want to see this formation on DXY, on 5 min chart, to look for long opportunities on EURUSD and GBPUSD. Price should come at 102.400 level and form a distribution.
After the PERFECT reaction of DXY that I posted before, I am going to buy EURUSD
Looking for this scenario today on EURUSD. No entry before 9:30, and after getting the confirmation from DXY that it wants to go lower. DXY has a breaker order block on 102.35 and a FVG next to it. So I will see how it will react on that. If it looks bullish my bias change and I will look for shorts on EURUSD
I am going to buy EURUSD and keep the trade for about 3 hours. All the confirmations are written on the chart.
I am looking to sell EURUSD around this level. Looking for a bullish bias on DXY today as it took the previous days lows. I have not entered the trade yet. I will update here.
Since the Bank of Japan shocked global markets in December ‘22 by widening the Yield Curve Control trading band on 10Y JGB yields from 0.25% → 0.5%, TOPIX Banks have been on a one-way surge upward. TSE:T17B index rallied +7% on the day of the policy meeting, and +25% within days thereafter. The three Japanese mega banks Mitsubishi UFG (TSE:8306, NYSE:MUFG),...
I am going to buy GBPUSD on this level. I see buyside liquidity and a resistance level to be broken. I see bearish DXY as it has mitigated on the 102.05 FVG and has given a reaction. Confirmations for this trade: a) Sellside liquidity taken on 1.230 b) FVG + Order Block mitigation c) Bearish DXY d)Buyside liquidity on 1.24600
I have few historical lines here: 2017 ATH is broken now BBWP expansion on weekly started with South direction and will continue COVID Nuke dump bottom and two lines of retrace bounces after recovery Basically, Im looking that big chunk of gains will be recovered ( if we can use this bear word today) Im looking that we will stuck for another 12-24 months in this...
Hdfc bank was in a way to breakout Buy HDFC 1670 Target 1690 1723 1750 1800 Sl 1635
Looking at the JPM JPMorgan Chase options chain, i would buy the $135 strike price Puts with 2023-6-16 expiration date for about $7.90 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Looking at the KEY KeyCorp options chain ahead of earnings , I would buy the $14 strike price Puts with 2023-6-16 expiration date for about $0.27 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Looking at the SCHW The Charles Schwab Corporation options chain ahead of earnings , I would buy the $82.5 strike price at the money Puts with 2023-6-16 expiration date for about $5.40 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.