Hello everyone, subscribers! Please share your personal opinions in the comments. Boosts and subscriptions are appreciated. Last week, there were releases of the March PCE inflation index in the United States and a rate decision by the Bank of Japan. During this process, there appeared to be a slight continuation of the dollar's strength, with the euro expected...
Fundamentals : This weeks GBP PMI coupled with USD Unemployment claims and Core PCE has sent the Dollar rallying while GBP has been in some consolidation until today. Technical : From a Technical point GBP broke the Bearish Trendline at the same time the Dollar was rallying from news, GBP later retraced some of the sell off and retested the Bearish Trendline it...
break below trendline is sell. Break above trendline is having gap resistance . All depends on earnings
Cronos is pulling back to iHnS neckline support where 20EMA seems to be holding, looks like a great swing opportunity on weekly. ⚡️⚡️ #CRO/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.0X) Amount: 4.8% Current Price: 0.12591 Entry Targets: 1) 0.11822 Take-Profit Targets: 1) 0.26475 Stop Targets: 1) 0.0693 Published By:...
Updating my analysis from .076 to .30, which was pretty spot on though MYRO moved on a much faster scale than I anticipated. Using the same analysis looking at WIF, which Myro has always followed closely behind and is on the same blockchain of Solana, we can expect similar movement now that it has broken out from it's previous peak ATH of .26, made a new ATH and...
Since August of last year price action has risen to provide a 1700% return as forecast (long idea below). A number of reasons now exist to appreciate long risk far outweighs reward. On the above 8 day chart: 1) Price action has arrived at legacy resistance in the uptrend channel. Look left. This is also true for the FET.btc pair (below) 2) As with previous...
NSE:VEDL Vedanta looks promising and ready for upmove, Cosidering the global scenario and the rise for demand in copper and semiconductors. Vedanta stood strong and our charts also shows a leg up trajectory. VEDANTA chart have successfully bounced from 0.618 Fibonacci forming a double bottom pattern and currently trading at 269 which is again at weekly support of...
UIPath is forming a Falling Wedge, we can clearly see, a rising trend, downtrend correction, and possibly a rising trend soon, could be with their upcoming earning report.
Having seen a textbook setup on the daily timeframe wonder if this setup will playout considering the fact that: 1. It might take time to playout 2. Price might still decide to go south 3. Otherwise the Inverse Head and shoulder might playout Just my thoughts though I await yours on the comment section
USDJPY is forming a move of the potential from resistance to support relative to 150.884. Which indicates the presence of a strong bull market. Earlier, the market formed a false breakdown in the moment of harsh statements of Japanese regulators. But, traders are still selling JPY on the background of strong dollar. Scenario: breakout of the resistance area...
SPY on the 2H chart shows the past six months of trend. SPY has been in an ascending channel but fall out of the channel. Iran's ambition to retliate against Israel and the movement of US NAVY warships into the the Middle East raises concerrn as does "sticky inflation" and early earnings reports from big banks. On the chart, trend angle analysis suggests the...
The community indicator and editor favorite "auto chart patterns by trendscope," is like the most convenient and intrepid practical indicator to find lines on chart without drawing in excess only to need to remove the lines all over again. Wow, this by Trendscope indicator is top shelf.
100 day weighted moving average Red Arrow is broken by positive trend Blue arrow the next day. Weekend vibes. 24 hour stock market trading future? Support and resistance bands showing; newly formed 50 day lookback input data (in red), scenario.
The chart is largely self-explanatory. The parallel trend lines are validated by being touch points for many price tests at different time points and across different price levels.
The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
Some slight adjustments to my previous post - Myro actually moved on a much faster timeframe than I anticipated and it's pivot points were slightly higher. Today we say a solid consolidation after hitting .16, and then a swift 20% drop across crypto that was quickly bought back - this shook out a lot of leverage on both sides and has primed Myro among other coins...
MYRO has always trailed about a month behind WIF's trajectory and price. My earlier analysis from MYRO's second breakout on February 27th was almost spot on, and then my second analysis from March 3rd on the .30 target was also accurate, if not underestimating the rate at which it climbed well past the target. Now this is amending my latest analysis which...
The S&P 500 is officially bearish as of Fridays close according to my intuition and strategy. I will be watching closely this week - targeting shorts around 5240. I expect to see a test the 5060-5000 level. A daily close above 5240 would be bullish and invalidates this idea. In the mid-term, I'm targeting key levels of interest to buy once this dip finds legs.