RizeSenpai

RizeSenpai

EURUSD has reversed from the HOP level of a Bearish Alternate Bat after having earlier went beyond the standard PCZ, and now the EURUSD is back below the PCZ and breaking down on a much more significant timeframe both in terms of Price Action and PPO. I think that things should continue as expected and that it will go for $1.035 and then go for the bigger targets...

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Last night, the DXY went below the PCZ of the Bullish Alt-Bat and bottomed out at the Demand Line of the channel it has been trading within, and at the same time, it formed a Bullish Butterfly with double PPO confirmation. Now it is back above the Moving Averages and on the rise. Meanwhile, the yields have seemingly bottomed out at the 200 SMA at the PCZ of a...

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This is an update and continuation of this previous setup: EURUSD has reached the full target of the Bearish Butterfly it formed a few months ago and is now sitting below the lows of the range and is back below the macro trend line. There are a few options one can go with now: take full profits, take partial profits, or hold for a macro break down to the big...

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We have an Intraday Bearish Bat on the Euro with Bearish PPO Confirmation and MACD Bearish Divergence. Earlier today, the Euro Doubled Bottomed at $1.05 and has since been on the rise, but so far it has only managed to come back up towards the moving averages and move up to complete a Bearish Bat. Now it is showing multiple signs of coming back down, and if it...

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The DXY and the 30 Year Yield have been on the decline for most of the day but are now showing signs of reversing back up at the PCZ of a Bullish Bat and a Bullish Shark in the form of MACD Bullish Divergence and PPO Confirmation, respectively. When these two start to rise again it is very likely that the QQQ start to continue down as it is trading at the PCZ of...

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WTICOUSD has developed a Diamond Top pAttern at the HOP level of a Bearish Shark and has given Bearish PPO Confirmnation Arrow at this level. Along with that, the PPO has broken below trend and may now look to crash lower. If we are to take all these indications into account, we can safely assume that WTICO is about to Bearishly break down from the Diamond it's...

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We have a potential right shoulder forming here at the HOP level of a small Bearish Deep Gartley with impending PPO confirmation. If it plays out, I think it could go back below 26k.

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Costco has formed a Bearish Butterfly that lines up with the 0.786 retrace and is testing the zone for the second time with PPO Bearish Confirmation Arrows on both tests, PPO Bearish Divergence, and MACD Hidden Bearish Divergence. This looks like it could be setting up to revisit the lower half of the range.

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BlackBerry is attempting a spring-and-back-test-of-spring at the bottom of the range that it's been trading within since 2012, and the level happens to align with the PCZ of a huge Bullish Deep on the left, to which it has reacted once before, and on its way to testing the zone a second time and back testing the spring. It's also formed a smaller, more localized...

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Kroger has formed an Ascending Broadening Wedge and blasted pass the 1.618 PCZ leading to an ultimate test of the 1.902 HOP level, now KR is trading below the PCZ and has tested it as resistance multiple times this year and has broken below the Demand Line of an Ascending Broadening Wedge. From here out I think the target will be a minimum of $22.32 which would be...

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SOXS the 3x Inverse ETF for Semiconductors, has broken out of a Bullish Head and Shoulders and now sits at the 89EMA. If things go as expected, SOXS should be clear to at least give us a 60-150% rally. At the same time, we also have a Bearish AB=CD on AVGO and what looks to simply be filling of a gap it made at $830 after breaking below its own slanted Bearish...

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Berkshire Hathaway is currently trading at the HOP level of a Bearish Gartley and at this HOP level, upon close, will likely confirm a Bearish PPO Confirmation Arrow as the PPO Oscillator itself gets closer and closer to breaking below a well established trend line. Along with that, we have some Bearish Divergence on the MACD and the price action we got at the...

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There is already an Active Bearish Shark Trade going on with AAPl that is targeting $152.24, which would be a 0.618 retrace of the local range, but there are much bigger bearish patterns and signals in the long term that could be hinting at an elevated probability of AAPL completely undoing the uptrend it's been in since 2018 and returning to those 2018 lows at...

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This is a followup to this year-on-year inflation chart idea posted back in June 2022: The YoY US Inflation rate has been on a trend of going down since it tested the 1.414 PCZ of the Bearish Butterfly above, but recently we have seen the MoM rate slow its descent and form a bottoming pattern with MACD Hidden Bullish Divergence at the 200-Month SMA and now we...

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Safe Bulkers has formed 3 Rising Valleys with Hidden Bullish Divergence, and on the 3rd Valley, it seems to have formed a Bull Flag. Once it breaks out of the Bull Flag it will enter a Bullish BAMM that could take it up to the 0.886 all the way up to the 1.13 Extension as it enters an Alternate Bat Bullish BAMM.

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Walmart has formed a Rising Wedge into the PCZ of a Bearish Alternate Bat, and as it's made its way to the PCZ, the PPO has given us both a Bearish Confrimation Circle and 3 Falling Peaks. If this plays out, I think WMT could easily see $130, but there is room for it to go down to as low as $90.

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The Dollar and US treasury Yields are all showing signs of future strength leading to the FOMC meeting, as the EURUSD has slammed into Resistance with Bearish Divergence and PPO Confirmation, the Yields have hit a Shark PCZ with PPO Confirmation, and XAUUSD has once again hit the PCZ of a Bearish ABCD and will give us PPO Confirmation of a Type 2 Reversal once,...

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Google has formed a Bearish Deep Crab at the macro 0.786 retrace with Double MACD Bearish Divergence and 2 Bearish PPO Confirmation Arrows. I think the PPO Oscillator will eventually break down and when this happens, we could see some accelerated downside in the price of Google, likely taking it back towards $100 or even lower.