30/7/2021 EURUSD Entry Resistance level idea: 1.22350 Resistance TP Support level idea: 1.20300 1.19000 (Best Scenario) Final SL for all Short positions: 1.23650 Resistance Level Comment: The market has temporarily come to an end with the US dollar index going strong and going in a retracement. The next potential entry I will be looking for if the...
NYSE:JPM Jamie Dimon and his army of minion traders at $JPM are printing the classic bear pattern of a H&S top (green). Measuring that formation, that should put us at a local bottom sometime in October. From there I would expect the Santa Rally to be our retest of the neckline, before creating the base of the much larger H&S pattern in yellow. Measuring that...
Hi, another idea from the stock market. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City,...
AMZN H4 - Back on that resistance range after opening upside the last couple of trading days to end the week last week. US stocks wanting to push higher, but again, firm believer in 'don't fix it unless it's broken', range has been performing nicely still for practically a full year now!
28/06/2021 GBPUSD Entry Resistance level idea: 1.41900 Resistance TP Support level idea: 1.39050 Final SL for all Short positions: 1.42950 Resistance Level Comment: Wait for the trend gets near or within the part squared into its resistance level before the weakening signal appears. -------------------- (Note: The forecast above is an estimation of the...
28/06/2021 GBPUSD Entry Resistance level idea: 1.41900 Resistance TP Support level idea: 1.39050 Final SL for all Short positions: 1.42950 Resistance Level Comment: Wait for the trend gets near or within the part squared into its resistance level before the weakening signal appears. -------------------- (Note: The forecast above is an estimation of the...
It has become clear that global indices will collapse dragging entire stock markets with them could this be the end of days? could this be a repeat of 2007 - 2008 commodities markets will collapse Certain G7 FX markets will rise exponentially then later collapse The coming great reset seems not so far away - do I agree with this notion that could potentially...
Testing monthly support line. Technicals: Potential bear move incoming - If not, fake breakout and stronger rebound Fundamentals: strong economic recovery - Positive FED Meeting that gives confidence to the markets
Just a random chart of a random company named Quiz 😹 Question is: Out of ALL ASSETS in ALL CATEGORIES, which chart is the most constantly bullish one? 🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙 In other words: Which chart is the GOAT of Bullish Charts? The undisputed champion of Bulls? 🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙 Winner (whoever answers right first) will be gifted a special FXPROFESSOR ''little...
While iShares' Russell 2000 index ETF (IWM) broke new highs and found support on the retest, the large cap benchmarks failed to make new highs, showing resistance instead. Something's gotta give. Since the 10-year broke support (inflation IS temporary) my guess is the large caps will soon follow the small caps higher.
I'm hoping ABXX can keep the support along the cup and handle trend. New support was recently found around $3.33. The Simple Moving Averages on the 4 hour and 6 hour charts are both crossing at $3.64. $3.64 also acts as a resistance point on the hourly chart as shown below. Huge resistance is coming around $3.70. The next major resistance level is at...
in the #crypto #markets That can be applied to any #asset vehicle once you have developed your own system.
AMEX:SPY SPY is at a critical level looking for guidance from the FED. Could move very quickly from this level.
So got a nice line up for tonight bitcoin and the down jones are an even bet right now at 1:1 you can by one bitcoin or one issue of DJI both cost the same, but do both have the same future profit potential ahhhh now you can see why they want you to see cryptos as dangerous and a failure, the Feds have been talking down bitcoin along with other governments while...
Here is my math: 3/4 are wrapping upper trendline = buyers are coming out. 1/4 (RTY) isn't testing upper trendline, but did not create new swing low. Add it together, and I think there is a bullish case for the afternoon. I really want to go long on all four, but I have a history of freestyling more than absolutely necessary, and the MA's (which are meant to...
BTCUSD H4 Nicely green for the day so far, as well as majority of the other crypto currencies, not convinced the bearish market cycle is finished though. Still evidently in a downtrend, just seen some big moves since the start of this new trading week ahead of us, some very clear change of sequencing would be required for me to personally consider longs (on a...
DXY H4 Simply waiting for a breakout of this trading range, 90,900 to 91,300 ish. Quite a significant S/R zone, seemingly bottoming out from the previous bearish H4 trend from the start of April until present date. Hopefully, a break of this range will help indicate direction for these USD*** and ***USD pairs going forward for a few swings next week.