The PEAD projected a Bearish outlook for $JPM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
gbpjpt currency has the potential to weaken, because you can see on the h1 timeframe there has been a breakout. GBPJPY will weaken according to the analysis, only the market will decide.
Hey Everyone,
We thought we would share our weekly chart setup, as we have a long range gap that has opened up to 2034.
EMA5 has finally broken 1944 with last weeks candle body close confirming the lock to 2034. We have also broken out of the Goldturn channel confirming the Bullish setup.
Long range TARGET
2034
RETRACEMENT RANGE
1944
SWING RANGE...
Weekly: Price is Bearish below the 200ema, with several weeks of strong bearish pressure, with a strong imbalance candle.
Forex Screener: Sell, above 20ema but below 50 and 200.
Strong doji candle showing potential of reversal underway.
RSI is currently over sold and reinforces potential. reversal underway.
Daily: Price is still working within an bearish...
Weekly: Price has broken past the weekly structure, below the 200ema whilst also showing sell on the forex screener.
Daily: Price is making LH and LL's, breaking structure. Price has yet to move back to supply.
Daily Swing Low will be a good area to confirm a further drop. Target: Weekly Structure Low.
4H: Price has reacted off the 4H supply zone and showed...
Weekly: Bearish down trend, making structured LH's and LL's.
Patterns: No patterns as the potential double bottom for a reversal has been nullified.
Indicators:
MACD: Bearish
RSI: Sitting on 30
Forex Screener: Strong Sell, Below all MA's.
Bias: Bearish
Daily: Price has come out of an ascending, corrective channel and a double top. broke Daily structure to...
Hey Everyone,
We had another awesome day of strategically collecting pips and avoiding any of the swings. We anticipated the retracement close of play yesterday, which played out perfectly and then we took buys from every support level to ride up to our signal target at 1978. BOOOM!!!
We thought we would close off the week before the holiday weekend with our...
FTSE100 - Where to next?
Technical pattern break out to either direction!
It's been my favourite trade since 2019. However, it does look a little overextended but let's see which way it breaks out towards and that's trade I will be taking short term
Don't forget - Follow your trade plan!
Trade Journal
Hey Everyone,
As you can see we have been following this chart and setup all week and once again we called it HITTING ALL TARGETS$$$!
We have entered a new range and had a retest close to 1961 but supported at MA21. Would be nice to see a full retest at 1961 to continue with the BULL run. Even if we see price tank below 1961 with any volatile events, as long as...
The PEAD projected a Bearish outlook for $DISH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 85.71%.
The PEAD projected a Neutral outlook for $CUBE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 77.78%.
The PEAD projected a Bullish outlook for $CQP after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
The PEAD projected a Bearish outlook for $CBRE after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
The PEAD projected a Bearish outlook for $BSBR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
The PEAD projected a Bullish outlook for $AMH after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
