Looking closely, we could see USDCAD to short from today through tomorrow with the Unemployment/Employment news. As price broke support, the news for tomorrow could cause a big drop in price; however, be careful at all times of the news. Please stay tune on the price today for USD 30y Bond Action since it dropped from the CAD Speech. TP:1.3675 or below
BUY ABOVE - 22070 SL - 22020 TARGETS - 22120,22180,22240 SELL BELOW - 21960 SL - 22020 TARGETS - 21900,21850,21800 NO TRADE ZONE - 21960 to 22070 Previous Day High - 22300 Previous Day Low - 21960 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
TSLA Fanboys were cheering the recent earnings pump with positive news... I even received a message from a friend. He drives a Tesla btw 😅. But TSLA is playing the slippery slope game here. And what type of slope will it be 🤔. It could of course just shallow out here and hold. But for as long as it keeps slipping, the probability increases that the earnings...
Fundamental : COT report shows a rise in shorts positions continuing the past 3-4 week while simultaneously showing a decrease in longs positions held the past 4 weeks. Net positions also show a large change from 7.8K down to 535, a -88.71% change. Open interest is split between both longs and shorts with neither showing an advantage, over all OI has decreased a...
EURUSD May 9, 2024 Weekly Price reached 1.088 picked up some liquidity and then tanked to the downside breaking market structure bearish. Price reached the lows of 1.064. The following week the momentum died down and price formed a doji candle indicating price indecisiveness. Price the following week decided to break back bullish after rejecting any momentum...
Shorting DXY: A Calculated Gamble on a Weaker Dollar, But Beware the Dragons The DXY, or US Dollar Index, measures the greenback's strength against a basket of major currencies. With rising global tensions and a potential shift in global power dynamics, the question lingers: is it time to short the DXY, betting on a weakening dollar? Let's explore the arguments...
✅As I expected in the previous post , PEPE was corrected by more than ➖50% . 🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type . 📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or...
The tech giants of yesterday aren't always the titans of tomorrow. Ask any BlackBerry or Myspace user. But Apple (AAPL) seems different. It's a brand synonymous with sleek design, intuitive interfaces, and a rabidly loyal fanbase. Yet, whispers abound that Apple's best days are behind it. Is this a reason to abandon AAPL? Not necessarily. Here's why a long...
Some what bullish on HGTY, has some potential for long term
Follow the trajectory. Will be a money-maker! This stock will Regain its Previous High. It is Forming a basing Pattern so many Successful stocks lay out before going on to Astounding heights. (There is also a chance that they will beat estimates, due to easy comp's and expectations.)
I am taking a contrarian view and bagholding rune... never been more bullish in my life. Love the negative sentiment I am seeing these days. This is not financial advice I have 0 idea what rune does
OSMO is making new lows... this may be good... for who likes to DCA into a falling knife (joking) or may be pretty bad (investors lost confidence) As we may know... if binance has not decided to get rid of a coin.. they still support the project (in some way or another). Targets are versus BTC pair. This may the bottom. We shall see !
IQ is ready to make at least 10x, make your research and you will see why. THIS IS NOT A FINANCIAL ADIVICE, PLEASE INVEST AT YOUR OWN RISK
Caxton (CAT) is a South African printer and publisher. This company is at the heart of the displacement of hard copy by digital and it is adjusting by reducing costs and trying to move across to digital platforms. But there has been a steady erosion of advertising revenue and even before COVID-19, the purchase of magazines has been in decline. In its results for...
Brimstone (BRT) is a black-controlled investment holding company with a diverse portfolio of holdings. It owns: 1. 54,2% of Sea Harvest, which is a listed fishing company and has a market capitalisation of just over R4,5bn. 2. 100% of Lion of Africa, a loss-making insurance company, which decided in November 2018 to cease operations and close its doors. 3. 100% of...
RDNT Can be a good player in the next bull, I’m adding at this point 🫡
Added on buy and sell zones for levels that have shown to be good risk / reward, also lining up with other sentiment indicators we have seen overtime.