EU is coming out of a contraction phase which the first leg was a downward push the reversal will head back either to retest the box or complete phase 2 of the banker's strategy. If price reaches the 1.02500 area & rejects, I will load up on this sniper entry and hold for another 250+ Pips especially dealing with the bad news coming out and Euro still facing an...
I am in a sell as shown to a low-risk R/R but If price breaks above 137.500 area it will test the high and possibly create a Double top and reverse all the way back down to the 127.500 area. If news comes out positive we will see new all-time high from UJ!
USDCHF showed Huge Bullish volume from the Bull trendline at the 0.93700 area. The whole last week was straight bull candles which ran for +200 PIPS! We are waiting for a pullback to the 0.9500 area then buying there!
LUCID has broken the short-term trendline! From here we are looking for sells/pits only with confirmation.
COSTCO IS A GREAT STOCK, but the price action is showing a cool off after this strong run up almost 40% from the May lows! The current bull trend is in a Huge rising Wedge, and also the overall chart is showing a head and shoulders formation in the making in the near future. Look to load up on puts at these 2 marked areas!
AMAZON is coming out of a small rising wedge; we can see a retracement of the 20% push up, go fill the gap around the $123 area. Then there will probably be a bullish confirmation to continue the push up to fill the gap area around $164
AMERICAN AIRLINES is a patient play for 2 reasons! If it breaks out this channel, we are looking for a retest and confirmation for the drop to continue with volume. Then if it bounces off the bottom and price heads to the top of the channel then we get a even better entry on this setup! Be patient and execute!
NVIDIA is in between a short-term bull trendline and a long-term bear trendline. Being that is close to the bull line we are playing the break and retest or waiting for NVDA to retrace to the bear trendline and load up there!
TSLA is headed for a downhill ride if this pattern plays out! Some may say a stock split is coming up but that only changes the price the chart is traded at! Do not buy calls unless you are scalping for a day trade, but I am bearish on TSLA based off price action!
TESLA is going to have a stock split, which will probably have the chart trading from the $350 area, but this still doesn't change the price action/technicals of the chart! Look for puts now and sell around these areas! The weekly head and shoulders pattern still has to form but on the Daily and 4HR timeframe you can see a double top forming as well. Tesla stock...
$ETH jumped a little above $2k but i think its headed to 750$ within the next few weeks if it doesn't form a double bottom coming out of this pattern!
BTC went & mitigated the invalidation from the past drop to 17K. By BTC not reaching 28K off the past news these past 2 weeks I see a big drop for BTC. Get ready to load up because the opportunity is coming don't miss it! only way I see BTC retracing above 25K is if some major positive news comes in the other markets which pauses a recession!
$AAPL MEETS the long awaited bearish trendline we see a see a nice rejection! I think this signals a reversal we will hop in puts and sells only until otherwise!
UJ has retraced to the Bearish order block on the 4HR and rejected resistance forming tweezer tops on the 2HR. I think we see another trap but for the bulls if price shows momentum going through the 135.00 area, we can see price go test the Bullish order block around the 131 area!
$WMT is reporting earnings this week and we are looking to buy and hold! There is a gap to be filled @$147.50 area! This move is an easy +10% trade. Wait for confirmation set parameters and let the trend & volume accumulate!
$TGT has earnings coming up and a huge +20% gap to fill, which would be a +$35 move for this week to come or even leading into next week! Price has broken resistance and is making a bullish move to the upside to fill that gap it seems! Patience is key! wait for confirmations & ride the trend!
I GAVE THIS ISGNAL FOR FREE! This was an insane drop that we anticipated way before nut got stopped out! so we waited for confirmation & rode the wave down!
$SPY has been bullish since June '22, after it broke the short-term bearish trendline & ran for +10%. seeing the rejection of the trendline can mean a reversal wait on confirmation! Lot of Good FOMC new had stocks rallying up after news but spy didnt move a lot which lets me know either end of a trend/reversal or a fake breakout & a long consolidation period!