Price will most likely, continue to trend upwards towards the resistance zone at 1.23983. The price can bounce down to find support at 1.23400, before another push upwards. News from the Bank of England this week will be a significant factor in deciding whether the trend continues upwards.
If you are using a price efficiency trading model and are seeing weekly sell-offs entering the market, it may be a good time to consider selling some of your Bitcoin holdings to take advantage of the current market conditions and potentially maximize your profits. Also ooking at the weekly RSI for confluence.
Do i need to explain lol i like color coding my timeframes, lines and other markings that correspond to a TF so everything in color... Black - Monthly Green - Weekly Blue - Daily Other TFs Violet - H4 Teal - H1 Orange - M15
RULES: -If price break Point 2, 4, 6, 8, or 10 cancel the setup -Price needs to break Point 1, 3, 5, 7, or 9 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
This is not financial advise to go all in big, DCA and use risk management otherwise if you like go big on this investment Stellar Lumens is more than an investment hold to 2025 and more, you can trade it if you like On the fundamentals side Stellar Lumens has so much going for it. Too many turning a blind eye on this because it moves slowly Would not be...
SPX consolidating between 4100-4120 but continuing to hold above 4100 support, If SPX can clear back above 4140 we can see a run to 4200 the rest of the week. Id continue to watch 4100 to breakdown for puts. We have Powell upcoming tomorrow and a few more notable ER's coming. PAYtience!
$AFRM AFRM has had some nice movement after finally breaking back above 17 area. Earnings coming up this week on Wednesday. If we see a positive reaction to earnings AFRM can run to the 23,24 level. If there is a negative reaction we can see a 5+ point drop to the downside towards 13 again. Trade Idea: AFRM 2/10/23 20 calls (ER Lotto) Entry: Hold above 18 or...
$MSFT MSFT staying a relatively strong name. MSFT had a nice 20 point run from the 243 level this week before pulling back with SPX on Friday. If MSFT can Back test and hold the 255 level early this week we can see a move through 263 to 270. Id would wait for 250 to fail to consider puts. Trade Idea: MSFT 2/10/23 270 calls Entry: Above 263 Target: 270 MSFT...
$NVDA NVDA with a strong week after breaking out above the 200 level. If NVDA can break above 220 it can see a run to 227, 231. Calls can work above 212 or on a Back test of the 205 level. Puts can work If NVDA fails to hold 200 this week with a pullback to 189, 185 again. Trade Idea: NVDA 2/10/23 225 calls Entry: Above 219.52 Target: 225.55 Roll: 2/10/23 230 calls
$TSLA TSLA had a nice back test into Tuesday at the 162 level before moving over 30 points to 199.00. If TSLA continues to breakout over 200 this week this can run to 233, 252. I would wait for 162 to fail to short and target the gap below as we can see some consolidation between 162 and 200. Trade Idea: TSLA 2/10/23 215 calls Entry: Above 202.60 Target:...
Welcome back! Let me know your thoughts in the comments! **AUDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
Weekly gold analysis 📌 Key points and overview: We can think about it to buy at lower prices with the lowest risk. Disappointing home and building sales data could bolster expectations that the Federal Reserve will slow its rate of contraction. End-of-week flows could change the sentiment and play an important role in keeping gold on the sidelines ahead of next...
• NIO hit a very important support level last week, and it did a bullish reaction; • The support area made by the purple trend line + $9.40 is the most important support level for NIO. If it loses both lines, the next support is at $5.70; • This week’s reaction was quite intense, and NIO is trying to reject the bullish reaction from last week; • If NIO reacts...
The USDJPY reached 142.2, The high of 2002, Wait for price action to be confirmed as continue or reversal. (approximate 142.2 is 0.786% of A ) FX:USDJPY
Welcome back! Let me know your thoughts in the comments! **EURCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Weekly analysis on a few forex pairs EURUUSD, GBPUSD, AUDUSD, USDCAD, and USDCHF. The dollar remains bullish overall implying the USDXXX pairs maintain their bullish strength and the XXXUSD pairs stay bearish until the end of quarter 4.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...