🏛️ Chairman Powell will be speaking Friday 10am EST.
Leading up to these speeches, BTC has fallen ↘️ then rose strongly ⬆️
We like BTC for more upside, but there could be some regression leading up to this event.
If Powell says something unexpected, it will lead BTC & Equities to fall heavily for the weekend.
🕊️ - WE PERSONALLY FEEL - 🕊️
Powell will speak...
AMZN D1
Again, a very similar structure to what we are expecting with the DCA entries in the Crypto space, $3180 initially and then between that $3000 and $2950 support region.
All details and explanations included in the US stock rundown posted above. With these US stocks there are measurable trading opportunities for swing positions, but also long term...
The technical figure Flag can be found in French company Vinci S.A.(DG.pa) at daily chart. Vinci, corporately styled VINCI, is a French concessions and construction company. Vinci is listed on Euronext's Paris stock exchange and is a member of the Euro Stoxx 50 index. The Flag has broken through the resistance line on 29/07/2021, if the price holds above this...
The technical figure Channel Down can be found in French company Societe Generale (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a French multinational investment bank and financial services company headquartered in Paris, France. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking,...
Here is my first scenario for the current market condition with about a 30-day outlook. It's probable that we started a new 5 wave cycle off the pandemic low and are now in the 4th wave correction. We also have bearish rsi divergence at play on the daily. I do have an alternate scenario that would far more bearish than this one. If I have time and this idea gets...
Simple charting exercise for NYSE:BABA heading into its upcoming earnings. Will be interesting to see how the trade war and in particular the weakening of the RMB may have affected earnings.
Head and Shoulders could be forming at the daily chart . A lot of noise surrounding US economy. China trade war was already bad news for the currency and then Mexico talks this weekend. After bad month opening for the equities market. I will be expecting a retracement back to the neckline caused by oil rise and then short. What do you think? Is it a valid formation?
