georgethefirst

georgethefirst Updated 

FX:USDCAD has a nice rectangle of sideways movement. After today, inflation came down in Canada, and the US dollar made some positive moves. Technical indicators are suggesting a buy moment. My first TP is 1.36. In the bigger move, the second TP is 1.38. If it breaks 1.39 and consolidates above 1.39, we will expect to continue the pattern to move to 1.44. FX:USDCAD

georgethefirst Updated 

After a big rally in price stock i think that the company is overvalued in this moment in my opinion. After so a good start in the stocks the companies starts to sell stocks to mark some big profits. Many companies have declared that they intend to make the stocks more accessible for retail investors. Today i short the stock. First TP 770 Second TP 740 Third TP 700

georgethefirst Updated 

Natural gas has a nice correction after the traders cash out their position after a big rally in price. In this analysis i use Fibonacci retracements to see in the short term were the price can go. The price hit 0.618 zone Fibonacci retracements in the correction down move so i expect to go back on the 0.618 zone Fibonacci expansion. My TP is 1.720 Don't...

georgethefirst

My thoughts are that many have not understand that the company have nothing to do with AI, is not a draging up sector company. The company have 2 divisions: 1 design chip and the 2 is licensing. Based on those to facts i thing is just a short FOMO witch today after CPI data came out will drag the price of the company down. The second big argument is that the...

georgethefirst Updated 

After a scary downside week the crude i anticipate for a 4% bounce back to 75$. The fundamentals are mixt base on the empty words ceasefire between Israel and Palestina with had also a impact in moving the price down. But over the weekend US have stike as response to Iran Attack witch may cause an impact in creating big moves. Should we not forget the OPEC...

georgethefirst

Entry point - under 8700 First target - 8900 Second target - 9200 Third target - 9800 Stop Loss - 8300

georgethefirst

The chart looks to format a rising triple bottom this means that results from the daily low price rising over time, creating a series of ascending troughs. Technical traders use this pattern to confirm that the trend of the underlying security is heading upward. In this scenario i find a good entry level between 9000-9500$ Fisrt Target at 10000$ Second Target at...

georgethefirst

The price is consolidating the second time in the last month on the same bottom price. I see 2 scenarios on the price fluctuation: First the price will go up and will hit the first resistance line, if the price will consolidating on this resistance line, the resistance line will be the support line for the next month. The RSI indicator are oversold that means a...

georgethefirst

In this scenario has format a triangle patern wich have 2 scenario. If you want to go short i recommand to wait entil the RSI give a over sell signal and than to entry in short trade entil the price hit the resistance trend line. If the price consolidate above the trend line and the RSI give a over sell signal than i recommand to go long on this trade entil the...

georgethefirst Updated 

Buy now and sell when hit the resistance trend line. if the price are consolidating break the first line and price are consolidate above the line, it is possible to move more higher.

georgethefirst Updated 

The volume is bigger and the movement of the price have respected the trend and the chart movements. Short trade Buy now - Sell around the resistance zone.

georgethefirst

Vertcoin have touch a new low point on down trend on a 1 h chart, but the real trend is a up trend. Now vertcoin have establish a support zone around 5.5 $ and have created a triangle channel pattern how give a good signal to buy this coin for a mid-term investment. Buy low around support zone and sell around 7.3 - 7.7 $ when hit the resistance zone. if the...

georgethefirst

XRP hit again new record highs and continue the up trend. The high point was tested to times. There is a resistance zone establish from where i expect a correction down to trend line, around the 1$ price. On a lower price is a good entry position and close when hit the new resistance zone to mark some %%.