$EURGBP - Just an idea! Break to downside, further decline 200 EMA would be neat target area. Not Investment Advice TJ
Hello Traders, Here is a quick post about the FOMC meeting and prior FED news. I'm partly anticipating for price to test the key resistance level on Tuesday, the day before the FOMC meeting. - My concern is that price did the same thing last week the day prior to the CPI Data being released... Obviously a large sell-off followed. I don't think it's a...
Hello Traders, Here is a short trade that I am planning to take if the right conditions arise. First off, I'm sharing this setup for educational purposes. Please only take trades that you are comfortable with. Alright, onto the trade setup... This is a trade that I've been eyeing for the past week or so, with Tesla approaching a breakout of the prior range...
Trend: Uptrend since May 2022, confirmed UT with break of previous high in June. Nice pattern with higher highs and higher lows. Currently 3rd bounce on the trend line. Also, previous downtrend line has now been used as support. Setup: Calculation with candle touching trend line on Sep. 16 Fluff 1% Take Profit determined with angle of previous bounces and...
Hello Traders, here is an educational post about BTC. I've heard a lot of people talking about the descending trendline connecting the pivot highs from the November highs. - There seems to be this idea that if BTC were to breakout of this descending trendline, this means that the bear cycle is over and BTC is going to the moon... However thats not necessarily...
Hello Trader, here is my analysis for the QQQ. This week is a big week with the FED meeting on Wednesday. Pay close attention to price action leading up to that event. - If price comes into a key level the prior day, there is the potential for another large sell-off if institutions don't like what they hear. - It's also possible that we don't see much action...
Hello traders, Here is a small but, low risk trade. Personally I will be 100x leverage on this one as the risk is soo low. Good luck and have a GREEN WEEK! SAVVY
FTSE - Longer term view A break to either direction! Have a great week ahead, TJ
Hello Traders, here is my analysis for Tesla. Listed on the chart are the Bullish and Bearish signals that I will be watching for. - At the moment, a trade setup has not formed that I would be interested in, however I am keeping an eye on the price action to see if pattern forms that I can play. Price is either going to breakout and Bulls will take price...
accumalating doge down here in a falling wedge pattern and if we break up could see a nice move up
accumalating 1inch at these levels great level to accumulate could see a big move when we break the downtrend
alice looking great down here to accumulate could see a nice move up soon
accumalating sushi at these levels great risk to reward here if we can break the downtrend
Hello Traders, here are support and resistance levels for Ethereum. These are the key support and resistance levels. If price breaks support at $1,425, then the next target is support at $1,250. There are 3 potential scenarios that I think are likely to happen, they are labeled on the chart. One key thing to keep an eye on is the ascending trendline, it could...
Hello Traders, Here is a quick update on BTC Since my post yesterday, BTC broke lower to the Major Support level at $19.5K. If this level fails that will be very Bearish for BTC. If the Bulls can hold and break above this level, then that is a strong signal for the Bulls and they will have temporary control. However, If the Bears can break price below this...
Hello Traders, here is my analysis for the SPY. Let me start by saying that currently I'm unsure as to what the SPY will do over the coming days... However, given what we've seen recently, I think that there is a relatively high probability that we see a scenario like the one I'm proposing will take place. A scenario where: 1) Smart money takes price lower to...
$DXY - Where to next? Within range, a break to either direction... TJ
Hello Traders, here is my analysis for BTC/USD. Let me start off by saying, BTC has a massive barrier to overcome to turn bullish. What is this barrier I speak of? ***The Descending Trendline that been plaquing BTC since the November 2021 high. What does this mean for BTC? - Basically, this trendline is MASSIVE MASSIVE Resistance for BTC and will require a...