Paypal (PYPL): NASDAQ:PYPL After entering PayPal at around $57, we experienced a notable rally followed by a sharp decline, resulting in our stop-out at breakeven despite initially taking profits. This series of events could suggest the potential completion of Wave ((ii)). However, we remain cautious regarding the possibility of further downtrends....
Let's take a closer look at Nvidia NASDAQ:NVDA – a stock generating a lot of buzz. On the two-day chart, we observe a potential completion of Waves (3) and (4) between November 2021 and October 2022. As an alternative, we could see Waves (1) and (2), leading to the upcoming Wave (3). The targets are ambitious, and time will reveal the accuracy of these...
Ahead of Google's upcoming earnings release tomorrow, we turn our attention to the larger framework of Google's chart. Two key scenarios warrant special attention: Scenario 1️⃣: Completion of Wave IV The assumption that Wave IV has already concluded at $83.34 suggests we are currently in the midst of the overarching Wave V. The undergraduate wave cycle is...
The EURGBP is setting up for a good reversal as we have an inverted head and shoulder pattern technical setup. But what makes this setup so appealing at the moment is the market is very bearish the Eurozone and more bullish (relatively) the UK economy (as a whole). Rightfully so as the Eurozone faces a lot of growth issues and disinflationary pressure, while the...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price dynamically broke down from the local upward trend line. After unfolding the Trend Based Fib Extension saitka, there is strong support at the level of $60,463, and further support is visible at the level of $58,440. Looking the other way, you can see...
As we start into the Earnings Season, our focus turns to Goldman Sachs Group on the daily chart. Zooming out, we observe the completion of the higher-degree Waves III and IV, finalized at $290, marked by a Triangle where Wave E broke to the downside. Subsequently, an impulsive Wave (1) unfolded, reaching $390. Now, the anticipation is set for Wave (2), expected...
Today, we're taking a closer look at the Dow Jones Index, specifically the E-Mini Dow Jones Futures. It appears we're in Wave (2), overshooting the target and forming an Expanded Flat correction. If there's a turnaround here, typical for such waves, we might see a correction somewhere between 50% and 61.8%. We consider more than 78.6% unlikely, so we're betting on...
I plotted this potential harmonic on Macy'y a day or two before their earnings on 02/27/2024. Saw the potential to short once the C target was hit but was scared to do it. Was looking at a $16 June put. At the time it was $63-$68. It is now $117 as I type this. #ScaredMoneyDontMakeMoney
GBP/USD sell "break of structure + 72% fib retracement align with a supply area"
Everyone I knew piled into the short CL at 79.00 this afternoon. However, we traded a late afternoon long fib to the 61.8% level and held there as support. Then, here in the Asian session, we have held that level and briefly dipping in. I am recommending buying CL here at 78.40 level with an expectation that we are going to go through 79.00 and make a push for...
19k must holds!! 25'700 is key > nice bullish wave 3 upcoming is the plan to save crypto When 25'700 breaks properly there will be no time to join the party... Risk on is now Stop Loss is cheap below 19k 36 and 45k next if stars align :-) 3month make or break
Reason: Market structure is bullish Break of structure Fair value gap
Sol is back to the momentum trend line on a heavy reversal. The previously rejecting fib has been blasted through on this BTC hype. I expect a test of 137$ soon, these targets I have had up for a while, I will update if we get over 140 with more long-term price action.
According to the analysis, the price of $1.76 is very attractive for a long position.
Hello everyone! I'm bullish on NAS100, despite the negative figures in January which slowed down the rise of stocks/indices, we still have good results from most companies. We have Nvidia's earnings report approaching, and it looks very promising! Technically, I've entered a buy position due to: - 2 major liquidity uptakes. - Buy zone created through...
Hello everyone! The plan is still in effect; I've taken a second entry! - Here's my view on BRENT: - We have liquidity. - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we'll continue to monitor the evolution of conflicts in the Middle East because they can...
ello everyone! - Here's my view on EUR/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes have...
"Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes...