Analyzing the options chain and the chart patterns of PPG Industries prior to the earnings report this week, I would consider purchasing the 130usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $8.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The price reached the deman zone on the daily timeframe. We can see that the price formed a double bottom. BINANCE:MATICUSDT broke and closed below the upward channel. I think the market might move up to retest the resistance because, on the weekly timeframe, we have strong rejection going on. Also, the market fell below the range zone and quickly rolled back,...
DODOUSDT(DODO) Daily timeframe range. pretty simple range levels here. the retrace turned pretty deep over 70% fallback from its recent pump. 0.1451 defended well which led it close to 0.2128. 0.1451 needs to hold or it wall fallback to 0.0919.
The price perfectly fulfilled my last idea; it moved up from the support level and reached the targeted level. FX:AUDUSD is updating its swing lows and lower highs, showing a bearish order flow. The market has broken through support levels, and it pulled back after the impulse leg. The market failed to close above the swap zone that was tested many times...
The price of FX:EURUSD pulled back into the range zone after resistance rejection. Even though it did touch the lower lows, it formed higher lows. I think the market will move sideways today because we had a good trending week. However, if the price retests the resistance and rejects it by forming a long-tailed bar, then we might see a further downward move or...
BINANCE:ETHUSDT broke through the range zone and made a new extension upwards. The market is trading above the swap zone. If price makes a fake break at support level and trendline, I think price may go up because price is gaining bullish momentum by updating swing highs and higher lows on the 1H timeframe. On the weekly timeframe, the market formed a long-tailed...
The price perfectly fulfilled my last idea. The price broke through the Friday low. OANDA:XAUUSD is testing the support level of 2350, where we had a sharp bullish move. The gold is still ranging after it made a new high within the last two weeks of highs and lows. It might continue ranging between 2350 and 2400 price levels. I expect a retest of the recent...
The market is obviously in a bearish trend. FX:GBPUSD broke through the range zone and made a new low. The price moved sideways, forming the range zone. I think the market might pull back right into the range zone and move downward. The market has reacted to this level before. I expect the price to go to the support level if the market makes a fake break of the...
Today's idea is very simple, continue to carry out low and long strategies around the range of the previous article. as the picture shows; The two buying points below are still around 2370-2372 and 2365. The upper space will gradually look at 2395-2400. After the breakthrough, we will look at the second breakthrough of 2431. Before there is a breakthrough,...
I think OANDA:XAUUSD has the potential to reach all-time highs at 2500, although a pullback to around 2300 wouldn't be a surprise since the market failed to close above the key resistance at 2400, which means there is always a probability of sharp bearish moves. Right now, the market feels overextended in both directions. I expect the sideways move to last for a...
If you haven`t sold the Double Top on UPS: Then analyzing the options chain and the chart patterns of PUPS United Parcel Service prior to the earnings report this week, I would consider purchasing the 142usd strike price Puts with an expiration date of 2024-4-26, for a premium of approximately $3.45. If these options prove to be profitable prior to the earnings...
BINANCE:DOGEUSDT pulled back toward the support level after a bearish move. It broke the previous support level, which is the resistance level now. It is currently moving sideways, which suggests indecisions in the market. I think the price may retest the local low and then move upward. There is accumulation around the price of 0.15000. I expect the trend to...
The price perfectly fulfilled my last idea, and it went up towards the resistance and hit target. BINANCE:BTCUSDT formed a consolidation zone on the daily timeframe. The market is heading towards the support level and March lows. If you look at the monthly timeframe, you'll see that price action is creating an inside formation. The ideal confirmation would be a...
BINANCE:SOLUSDT formed a range zone after the massive bearish moves. It ranges between 127.00 and 147.00. You can see that the market keeps bouncing off the key support level at 130.00. The level is holding the price above it. I think that after bitcoin halving the market will slowly move up. I expect the price to retest the key resistance zone by potentially...
The market has tested the resistance level. The price, after updating highs, is pulling back to support levels, which is the swap zone. The market's main support was tested and bounced off after level rejection. I think the FX:USDCAD might be moving upward because the main trend is bullish. I expect the price to retest this week's low and bounce off. There is a...
💎 In the daily and weekly time, after a complete 5-wave upward cycle, it faced supply in the area of 1.84 and a corrective form took place. 💎 According to the current correctional structure, a combined multiple correction is underway, which can continue until the specified areas. 💎 Therefore, as long as it is below the price of 0.79, it can go through the...
BINANCE:SHIBUSDT broke through the range zone, making an impulse move. It formed another range zone in the shape of the triangle pattern. The market is squeezed. I think the market is in the accumulation phase above the round number at 0.00002000. We saw a massive, long-tailed bar rejecting the support level, which is the big buy zone. I expect the market to make...
Yesterday, the market responded weakly to the entry zone. We did not see a strong bullish move, which means that bulls are not ready to buy at current prices. I think the OANDA:XAUUSD is going to pullback toward the bottom of the range zone. Since we have upcoming news today, there is a chance that the price may roll back. As you can see, the key resistance at...