Traders, Though the overall market sentiment obviously still remains extremely bearish, I am now most invested in longs than I ever have been since I started my $10,000 portfolio project. Yesterday, I bought Ethusd at the bottom of its daily wick and today I have picked up some BTCUSD. Thus far, playing against sentiment has worked out handsomely. You'll...
I will be looking for the EURUSD to carry on dropping today. This is also true for the GBPUSD, EURJPY and GBPJPY. Being short 2* GBP*** means I am doubling up my pound short exposure, same for the Euro. The US dollar is strengthening into the London session open
So Tuesday, the high of the week? quite possibly. Wednesday, FOMC and Powell announce a 75bps rate hike. Talks down the market. Conveniently for anyone that shorted the gap fill, their target of the resting liquidity under the double bottom was realised.
Hello trading community! We see on the US500 chart that the price faces significant resistance in the area between 4000 and 4100. On the daily chart, the US500 is in a descending channel. A continuation of the dollar's bullishness and no rate cut at its next meeting could wipe out investor bullishness and leave the index looking for new lows and support between...
Hi there. These are my thoughts on how the markets will play out this week. In my opinion this is another bear market rally that is targeting trailing stops between 3950~4000. We are below the 200ma on the 2D and below the cloud. Taking this into consideration and the fact that FOMC is Wednesday and will most likely raise rates another 75bps I can see the...
✅C98: DAY TRADE Showing interesting view for day trading on the low time frame
Coca-Cola shares rose 2.9% in the premarket after the beverage giant’ third-quarter earnings and sales beat Street forecasts. The company also raised its full-year outlook as demand remains steady even as it has raised prices to make up for higher expenses. General Motors (GM) – GM shares rallied 4.4% in premarket trading after the automaker reported a...
I suspect success or failure at this downtrend will be key! Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives,...
EURJPY D1 - Daily timeframe analysis here following yesterdays daily close which failed to breach and set new highs. Strong bullish daily candle, but hoping for a rejection candle here to take price back down towards that 144 handle, healthy 300 pip range possible due to unfold.
Up Up Up Market up and multiples on technology up. Focus. Pivot by 50 bps in December and more earnings growth keeps adding to SPY up.
Up Up Premarket Up. Wolfspeed chipmaker technology upgraded. Heart of the Season.
Market premarket up. Up Up Up Santa Rally. Market premarket up.
Bitcoin is in a bad shape which it means cheap BTC. Death Cross can spot the bottom based on history. Of course I can get wrong and BTC do the opposite. The right mindset is to be aware of both scenarios. And this time the economy overall is looking weak. Once Macro will improve, the BTC price will increase. Everyone is expecting lower prices for BTC right now...
Traders, Do not underestimate an earnings miss on Tesla tomorrow. Earnings est. is $1.00. If missed: 1. It could trigger the start of the massive bearish H&S pattern. 2. It will bring down the Nasdaq with it. 3. Nasdaq will bring down other indices like the SPX. 4. SPX coming down could break its critical support that has held up thus far. 5. Investors tend to...
President Biden said the US economy “is strong as hell”. “I’m concerned about the rest of the world,” he added. “The problem is the lack of economic growth and sound policy in other countries.” Small news: -Biden disagrees with British Prime minister's FAILED attempt to 'pivot' and ease monetary policy against the stream and against inflation worries. US...
March 2020 Lows to Nov. 2021 Highs 50% Fib retracement hit couldn't be more perfect!
Update to BTC/USDT next Weeks forecast From our analysis it appears that although there is a chance of price retracting to 18,500 mark. In overall judgement the chance is so small ,considering the last weeks' green hammer candle close and this weeks close above last weeks open. With almost 100% certainty market is going to take another sharp Bull run on...