it is a CAPS pattern and we can get a short position on it do you agree with me?
Crypto Market Monthly Chart The Crypto Market Cap can offer great perspective for long term swing trade entry and exits into BTC and ETH, and should be watched closely as this market develops. There is a clear time pattern which would suggest that you should have your position or at least be DCA'ing now into the reliable market participants BTC and ETH. You...
Apple's Earnings: Should You Take Some Profits Off The Table? Apple stock has been on a roll lately, up 50% heading into earnings. However, given that earning date is just around the corner on August 3, and historically, Apple stock tends to sell off in the months of August and September, it's time to consider the wisest course of action. Many investors are...
Last week's oil just broke the weekly line, but if there is no gap up over the week, I will sell and remove. Because I think this is a candle that pushes the price to take profit to lure buying fomo The first target is 76, then monitor the reaction like the scenario below and then confirm. Medium-term target is 66-49 ( All must satisfy the condition that on the...
the trend is weakly and we can see the valume is decreas also we can get a short position
Update Olil 14/7 Oil is about to hit the 77.5 zone, if it gets there, it will confirm the end of the daily time frame bullish wave. What we need to do is watch the price reaction in this zone 77-77.5 Expected trading plan: Sell limit oil 77- 77.5 SL 78.5 TP 73.5 TP2 72.5 ( Sell small volume transactions) Buy limit oil 72.2-71.5 SL 70 TP 78.8 TP2...
Gold Seasonally gold tend to have a bit of a rally towards the last week of July Daily is very interesting because its showing bullish swing structure however it has bearish internal structure recently showing bullish momentum in line with the higher timeframe like the weekly and monthly. We have now traded above the weekly inside range and closed above, we...
Expected in about 1 year, BTC will break out above ATH 69k
We having multiple mixed economic signals, but taking all the noise out, we can see that US economy will be facing a recession, M2 at the lowest says a recession is coming, today we having jobless claims, inflation came lower than expected, but higher than last one, J.POW will increase the rate hikings, and Muricans are saving lower cash than ever... This may...
EURUSD We have now filled the gap and broken structure on the daily to the upside clearing the targets. Typically expect a retrace after a structure break, price has now shown some supply chain forming. We have more US news today along with GBP news this morning. Should price trade higher and take the highs, will wait for the structure shift again next week likely...
EURUSD Pair has shown some very strong recent price action breaking the highs. Take note next week we have the US rates release, price is trading and very extended. Price has filled the gap now and is still holding out, typically after such a move we can expect a strong pullback. Am looking to see signs on the lower timeframes that this could happen.
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 there is a chance that from here...
DOGE Coin was designed to make even the greatest investors doubt themselves. And guess what? After the recent (not surprising to me and my inner circle) XRP pump, DOGE Coin thrived on that disbelief. Many panicked and sold their bags at a loss, rushing into new sheeshcoins in search of quick gains. But here's the thing, the subsequent DOGE pump was all part of...
If you opened longs in crypto last 48 hours, then this post for you personally! On Thursday afternoon, news came out that inspired optimism in entire crypto world! Ripple won the decision that XRP is not a security. The trial lasted for many years and news, with a superficial analysis, is positive BUT ... If you look at the POLONIEX:XRPUSDT chart globally,...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Gold 💪 The monthly timeframe on Gold is still looking quite bullish considering that Gold is currently retesting the 0.382 fibonacci retracement level in confluence with support at the $1930 level. On the weekly timeframe...
Admittedly, this is a clickbait title ... However, let me explain ... In previous cycles between halvings, the duration between the cycle high and cycle low was 13 months as you can see on the chart, with a price drop of >80% in that period. November '22 marks the 13th month since this cycle's ATH, so if history is respected, chances are that this month will...
NASDAQ:WTER graph turn on green, recently signed many distributorship agreement with national market chain etc. and good time (summer for water) also can expect good revenue, let see... Invest smartly, timely and wisely!
Hey Traders! 👋 For Day 42/100 of our challenge, we will look at GBPCAD long idea (based on off-chart data) Technicals: - Bullish structure with HH-HL forming - Expecting this structure to continue - Looking to go long on 1.715 break and retest - Weekly target at 1.73 - Invalid idea when 1.695 downside is breached PMT: - Seasonality: Bullish - Pattern predic.:...