My analysis is on the 2H. I am uniquely qualified in my fundamental analysis. This is a one day until earnings. My thesis is the earnings will stimulate what will be a breakout from a flat bottom triangle. I will buy one share of stock. I will spend a similar amount on call options striking $460 expiring August 11th. I see LLY as surging while PFE is a bit...
The price reached the area where the price got rejected multiple times in the past within ascending channels Seems the price got rejected again, and a continuation correction is forming below the ascending channel, Further fall expected!
Previous Post on Daily Chart Now, I spot a signal for reversal that's Head Shoulders Pattern Bitcoin BINANCE:BTCUSDT has the confluence support around $28,300. So just wait for trigger to open position Wait for next move
BYND on the 15 minute chart has been in a VWAP band breakdown finally slowing down with the ranging of the candles transitioning from wide body candles into ones more narrow. Earnings were a very mild beat in the thick of the fall as apparently traders expected more. The zero-lag MACD has crossed lines under a red histogram that flipped green. The dual...
Chart 4H TF BINANCE:INJUSDT has the strong support and created reversal pattern Head Shoulders So, just wait it's completed
The price is brought back to the major channel. Though the price was broke out the Major channel, it was quickly recovered and the price is well within the Major channel. We can see inverse H&S and the price is heading upwards
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are...
On the one-hour chart, TMF a triple ETF of long-expiration treasuries has finally completed its downtrend or ten days given more bearish momentum with the federal debt downgrade of creditworthiness as well as the rise of BRICS as a reserve currency. Three indicators show bullish divergence with a MACD cross under the histogram. The 30 minute RS line rising...
🚀 FILUSDT - Potential Bullish Opportunity! 🚀 📊 Technical Analysis: - 1-hour chart shows a clear downtrend in FILUSDT. - RSI indicator is displaying a bullish divergence, hinting at a potential reversal. - A bearish falling wedge pattern is forming, signaling a potential trend reversal. 📈 Trade Plan: - Buy Stop Entry (Above Last LH): $4.165 🎯 - Stop Loss...
The yellow metal is potentially heading for weekly losses amid a surge in the US dollar's strength. Despite a slight relief on Friday, gold had been grappling with significant losses from the previous session when data revealed that the US economy outperformed expectations in the second quarter. This impressive reading bolstered the dollar and pushed gold over 1%...
The BOJ's decision to adopt a more flexible bond yield approach indicates a potential shift away from its ultra-dovish stance. Under this approach, bond yields will be allowed to fluctuate beyond the previous target range. The economic landscape was further impacted by surprising data on Friday, indicating that inflation in Japan's capital exceeded expectations...
The GBPUSD pair faced downward pressure last week due to a dampened economic outlook caused by the Bank of England's aggressive policy amid fears of a recession. Despite this, overall sentiment for Pound Sterling remains bullish, as the UK central bank may consider more interest-rate hikes to tackle inflation. In June, UK's Consumer Price Index (CPI) softened to...
Prepare yourself for a thrilling week ahead as all eyes are fixated on the much-anticipated interest rate decision by the Fed. The question on every trader's mind is, will the Fed signal an end to this year's rate hikes? And if they do, brace yourself, because oil could be on the brink of a momentous breakthrough, turning that elusive $80 per barrel from...
On the 30- minute chart BLOCK ( SQ) broke down from a VWAP pop last week into a drop this week to earnings which were a 7% beat on earnings. MACD lines are about to cross. he lower RS line in green is showing bullish divergence while the mass index signal is in the reversal zone looking to trigger with a fall. Finally the narrow range or flat candlebars at...
SVXY runs inverse to UVXY- it was trending up for weeks but fell off the cliff with the VIXX spike on the fed news of the debt rating downgraded ( like the US posting an earnings miss) a 7% adjustment in almost no time. The analysis now is the red candlestick pattern is that of inside bars, a Doji then a green bar and a red. The zero-lag MACD has had a line...
Weekly Chart PAYPAL NASDAQ:PYPL is in the Falling Wedge and can break in this month. Just follow it We have good signals - Divergence RSI - Failling Wedge So wait and see next move
On the 15 minute chart TQQQ took a dive down through some relative volume voids shown on the volume profile into a double bottom also showing a transition from high relative selling volume into some decent buying volume . I can conclude that TQQQ is in early reversal and will head the other direction through the same volume void which could allow for a rapid...
BINANCE:SNXUSDT SNX has created a reversal pattern (Shoulder Head Shoulder) It's trading around 2.31 now Wait a confirmation price closed above neckline or more safety above 3.35 Patience and join when on time