I am not kidding!
Political motivated investing could moon this thing
forget P/e's cashflow
This is memecoin style investing on the stock market
Its happened before it could happen again
particularly as we get into the election in November and inauguration in January
#MAGA
the huge drop was also a correction from what happened last week, the markets are allowed to move a specific range on a weekly timeframe.
follow for more charts analysis.
Currently, I reckon Biden most likely will fall to 49, and President Trump will go up to 45. Place your bets, ladies, and gentlemen!
My watchlist for election day:
- XAU/USD
If President Trump wins, my XAU/USD sentiment is super bearish.
- US30
If President Trump wins, my US30 sentiment is super bullish.
- USD/JPY
If President Trump wins, my USD/JPY sentiment...
Based on some basic fundamental analysis due to the US election, it is expected that buyers will not be able to hold this support level for much longer and it will be broken very soon.
Enter this trade now.
Entry Price: 1.31370
Take profit: 1.33557 (100)
Stop loss: 1.30360 (100)
Currently, my sentiment is Bullish because of the price action. But, if Joe Biden wins the elections, most likely I will short-selling the breakout.
Catalyst:
- US Presidential Election
This is on the 4H chart, and we can see a strong support.
Take a look at the chart:
1. Price fails to break support
2. Fails again
3. Breaks support
4. Retest
It couldn't get simpler than this, a simple break and retest on the 4H chart for USDCAD, with great upside potential and R:R. The US election on November 3 could completely disregard our technical...
So far as forecasted but it moves very slowly and uncertainly which is normal because of the US Election.
Here is our forecast in the longer-term view as shown on the chart. Consider it for after the election. (in about 18 hours)
Happy Trading, Stay Green! ✌️
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💬 Please let me know your view about the idea
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