If you haven`t bought SE before the previous earnings: Then analyzing the options chain and the chart patterns of SE Sea Limited prior to the earnings report this week, I would consider purchasing the 65usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $5.45. If these options prove to be profitable prior to the earnings...
If you haven`t sold BUD after the Dylan Mulvaney scandal: Then analyzing the options chain and the chart patterns of BUD Anheuser-Busch InBev prior to the earnings report this week, I would consider purchasing the 60usd strike price at the money Calls with an expiration date of 2025-1-17, for a premium of approximately $5.50. If these options prove to be...
In this scenario, gold has completed a reverse triangle pattern and is ready to grow. This scenario is confirmed if the price can cross the beginning of wave (c) in less time than the formation time of wave (c).
In my Monday commentary, I stated that there is a high likelihood that OANDA:XAUUSD may have finished correcting, and indeed, the price rose to around 2330. After this initial increase, there was a subsequent drop, but bulls regained control just above the 2300 mark. Yesterday's price movement indicates that dips are being bought, suggesting that Gold has...
The Open Network price today is $1.6 with a 24 hour trading volume of 10 million dollar. TON price is up 11% in the last 24 hours Toncoin is a decentralized layer1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open...
The release of new data triggered a surge in the OANDA:XAUUSD market, propelling it above the critical resistance zone at 2350. This break also cleared the previous week's high, which has now transformed into a support level. In my opinion, the ideal scenario would be a retracement to the broken level, followed by a continued upward momentum. I anticipate a...
Dear Colleagues, I suppose that the wave "4" of the higher order is completing its movement. I expect a possible update of the minimum and reaching the area of 2281.89 or the beginning of the upward movement to the resistance area of 2358.71. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:AUDUSD is approaching the upper boundary of the upward channel. After breaking through the range zone and extending its upward momentum, the price is now facing resistance. On the daily timeframe, the market has repeatedly bounced off this resistance zone, leading me to believe that it will rebound again. The price action has formed a double top, followed by a...
After the recent news reports, the market rolled back to the consolidation zone. Now, it's heading towards a significant resistance level, but it's not looking likely to break above Monday and Tuesday's highs. In fact, I think FX:EURUSD will likely bounce back and fall, as the market has been stuck in a range for some time. On the 4-hour chart, the price is...
As I mentioned a few days ago, BITSTAMP:BTCUSD has broken above the descending resistance level of its downward channel. This breakout could signal the end of the recent correction. Following the initial climb to the critical horizontal level at 65k, Bitcoin experienced another drop, testing the previously broken resistance level, which this time acted as...
For the past two months, CRYPTOCAP:TOTAL3 has been undergoing a correction. This correction was anticipated for many altcoins and, importantly, is very healthy for the market. Upon closer analysis of the chart, it becomes evident that this correction does not signify a trend reversal. Total3 halted its descent around the 600T zone, which does not represent...
BINANCE:BTCUSDT formed a range zone and broke it downside. The market is heading towards the round support level of 60000. If you look at the monthly timeframe, you'll see that price action is testing 50% of the previous weekly candle. I think the market will bounce off the support level and move upward toward the channel border. This support level was respected...
BINANCE:BNBUSDT recently broke the key resistance level at 600. The market is probably going to consolidate below the strong resistance and then break through. However, on the 4H timeframe, the market was moving sideways. It broke the top of the range, then retested it, indicating potential trend continuation. On the weekly timeframe, the market formed a massive...
Recently, FX:EURAUD breached the 1.63 support level. However, after reaching a low of 1.6220, the pair swiftly reversed, indicating a false breakout. Over the past three weeks, the pair has formed a falling wedge pattern, hinting at a potential reversal to the upside. Confirmation of a bullish scenario would come with a break above the descending trend line. In...
OANDA:XAUUSD price is still moving sideways. The market is bouncing between range boundaries. The bulls failed to push the price higher at the top of the range, which might be a sign that the market will move to the bottom of the range. The market, as you can see, is consolidating around 2300 because the price usually moves sideways at key levels, which is...
Since Monday, the market has slowed down. We have only had 50 pip moves since then. The price formed quite bearish bars on the daily timeframe. Also, there are two candles with long tails, which is a sign of the level rejection. FX:EURUSD broke and closed below the small range zone; it broke through the support level at 1.07500 after attempting to break the...
Since the beginning of the year, FX:EURUSD has been in a downtrend. Despite occasional reversals from the lows, a broader examination reveals a pattern of lower highs. Recently, once again, EURUSD reversed from the 1.06 zone low, but its ascent was halted just below the descending trend line, followed by a resumption of the downward movement. Moreover, the...
In time 1h, it is moving in an ascending channel, which is currently in the specified supply area, and has tried to break the range twice. According to the structure, it can have a correction up to the green box area. 💎 In addition, if it meets the demand and can break the area, it can continue the route to the roof of the channel. »»»«««»»»«««»»»««« Please...