GaliortiTrading

GaliortiTrading

NASDAQ:NFLX in late July attacked the 61.8% Fibonacci of the entire previous decline since November 2021 . It pulled back to its liquidity zone between $370-385 from which it has made a new impulse. Final target: new all-time highs . 1 M On a long term chart we note that NASDAQ:NFLX in July 2022 rested on its bullish trendline to develop a new...

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NASDAQ:MSFT had a bullish gap in April 2023 from which the last bullish leg originated . It is currently developing a countertrend bearish leg within a descending channel. There is a clear bearish divergence with the oscillator . We think there is a high probability that it will try to close this bullish gap . To do so, it will have to look for the floor of...

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The Chinese government and its central bank are starting to implement an expansionary fiscal and monetary policy with a double objective: to end capital outflows and ensure a 5% annual GDP growth. This is a great medium-term trading opportunity in CSI300 with a great win/loss ratio (26/1). No other index in the world today has such a reward! If we look at...

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There are two big and very famous sayings in equities: 1. " the market is never generous ": things are not what they seem and logic does not usually work. Nobody gives money away. 2. " buy on the rumor and sell on the news ". Markets are anarchic and are driven, among other things, by expectations. The recent history of BINANCE:BTCUSDT is plagued by the...

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In the 1-month chart NASDAQ:AAPL has lost its 10-session average , a chart widely followed by large traders, which may condition a bearish momentum in the medium term . 1 Month Since 2005 NASDAQ:AAPL has been in a rising channel with an accelerating slope. In fact, in the last 10 years it is developing an ascending wedge . The final loss of the ...

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OANDA:XAUEUR has greatly improved its appearance relative to the chart of $OANDA:XAUUSD. See the weekly charts of both: 1 W € 1 W $ We will now comment on the charts OANDA:XAUEUR : OANDA:XAUEUR has reached a market top in the very short term but we think that before the end of the year it will reach new all-time highs with free upside , a...

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On the 1-month chart NASDAQ:TSLA has lost its 10-session average , a chart widely followed by large traders, which may condition a bearish momentum in the medium term . 1 Month Since November 2021 the price has been immersed in a counter-trend bearish channel with a final target at the floor of the long-term bullish channel ($100). Before that, it will...

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BINANCE:ETHUSDT starts to break through the lower zone of a symmetrical triangular figure originated in 2022. If fulfilled, its potential target would be $430. BINANCE:ETHUSDT 1W On the daily chart ETH is immersed in a sideways for two months. It has lost its 200 average and also its medium-term bullish trendline . It would be logical that in the...

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In the more immediate term, EASYMARKETS:OILUSD accumulates a large oversold position. In the August/October period of this year there was a clear bearish divergence between the RSI and prices, which together with the proximity of the top of the bearish channel presaged a price correction. This has been the case. The proximity to the 200-session EMA ...

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After failing to break above the 200 session average (summer 2014) FX:GBPUSD is still dominated by its long term bearish trendline (2007) . Despite the bullish RSI divergence FX:GBPUSD was not able to restructure to the upside and developed a double top executing its target in September last year. The strong recovery since then failed to break above...

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Bullish 4-hour chart for FX:EURUSD The FX:EURUSD broke its bullish channel that had been with it since February of this year, at the beginning of September, and is trying to reach its new target , which would be its same channel set below. When it broke the channel, it entered another bearish channel with great acceleration. If we zoom in on the...

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After a pullback to its 200 sessions average, the FX:EURUSD is still dominated by its long term bearish trend line (since 2008). The loss of 1.04 would open the door to test new lows projected on the long term upward trend line ( range 0.86-0.90 ). Above the latter prices, the stock could restructure to the upside in a shoulder, head, shoulder reversal...

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After overcoming the 2021 bearish trend line, the stock has performed a pull-back and rested on its long-term bullish trend line. From there, BINANCE:SOLUSDT restructured to the upside . Donchian channels restructured to the upside . After 127 weeks the RSI attacks for the third time its long term bearish trend line . If it breaks above it, the upward...

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OANDA:XAUUSD 3 month chart with long term bullish wedge . 2 breakout possibilities : A. Exit from the current sideways and pullback . Subsequent break of the wedge and pullback. Free ascent with target at $5.750 . B. Loss of the long term accelerated ascending guideline and sideways movement to the floor of the long term channel. Thereafter, recovery...

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NASDAQ:NVDA has its very mature uptrend in an exhausted five-wave cycle on 3-month candles . It is currently developing a shooting star at all-time highs . It is highly likely to develop a corrective pattern in its long-term uptrend. Probably in a wave A, B, C pattern. The top of the previously broken bullish channel , its accelerated trendline and the...

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The next crisis will be very similar to that of the 2000-2010 period. At first, the economic crisis will condition a bursting of the technology and fast-growing stock bubble, only to be followed by a financial crisis after a short-lived recovery. First floor: first quarter of 2025 . SP:SPX = 2.470 Second floor: second quarter of 2030 : SP:SPX = 2.100 ...

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Dollar Index with strong downward pressure in the long term. TVC:DXY target= 60. 1. The unstoppable deficit of the trade balance. 2. The unstoppable rise of government debt (15 to 30 trillion dollars in 10 years). 3. The shift of world geopolitics towards China, India and the rest of the BRICS. 4. The fierce competition of gold and bitcoin as a store of...