An update for my last copper theory based off trade pattern From 2016 till this day copper has formed a double bottom on such a large scale that makes it hard to miss. 2022 - 2023 looks to be the pullback phase back to the neckline, at liquidity (S/D). 2024 will be the year of the rally (expansion) seeing price action head towards $4.6, and then causing a...
GPBJPY showing alot of bearish evidence that it wants to move towards the downside GJ has rejected at major resistance multiple times now I'm waiting for a reaction
JP225 Down. Double Top wth a Bull Trap. 5x move if it goes.
EURAUD Up. Double Bottom with lower vertex. So called Bear Trap. 5 x move if it goes.
Subject: NVDA - Upcoming Convergence In my opinion, NVDA is setting up for a notable move after upcoming convergence on or around the new year. This is evidenced by a few underlying factors. The recent drop (12/20) was simply a mild sell off to capitalize on the large impulsive move that began around 10/31/23. I believe we see another retest of historical...
Johnny Seville here with your daily dose of Smart Money Trading insights. Today, we're dissecting the S&P situation – specifically, the potential short-term head and shoulder pattern that's been developing. Intriguing, right? Let's get into it! The S&P has been giving off some fascinating signals lately. **We've fallen off the 2022 high and are now potentially...
-looking for price to enter previous range / support zone -will look to take out lower lows but monitoring a possible trend change to upside or consolidation before the move up or down
EURNZD is testing a resistance of a horizontal daily range. The price formed a double top pattern on that on a 4H time frame. I believe that we can anticipate a bearish movement soon. Goals will be 1.750 / 1.745 ❤️Please, support my work with like, thank you!❤️
Nice looking long opportunity 2B long pattern Buying the stop loss for Early entry Seeing trade
Overview Alaska Airlines is a subsidiary for Alaska Air Group. If you aren't familiar with the verbiage, this means that Alaska Air Group ( NYSE:ALK ) is the umbrella company that owns Alaska Airlines. In light of the Boeing ( NYSE:BA ) mishap that occurred yesterday in Oregon and in addition to the current trend on ALK's 1D chart, I believe ALK will correct...
I bought a bunch of puts on this one. Market still on correction. Double top confirmed, testing the broken support and failing.
There are two possiblities in GUJGASLTD 1. Falling wedge : for that tgt is 638 2. Double Bottom : still making in progress, once close above 548, then tgt is 680
Gold/Silver Ratio will break the 375-day Triangle Pattern soon. There was a false breakout to the upside last week. Price couldn't break the trend line. Gold/Silver Ratio is expected to go down. Formed Patterns : Shooting Star Candlestick Pattern, Rising Wedge Pattern, Double Top Pattern on the momentum indicator. Scenario 1 : Gold/Silver Ratio quickly goes...
/MES is up 111.45% the past 44 months (3.92 years). Trend Analysis (#thestrat): - 2down-2up reversal - Approaching exhaustion at the top of broadening formation @ around ~4750 Chart Patterns: - Double Top @ 4808.75 and 4634.50 with neckline at 3502 Results: - Bearish Target 1 @ 4122.25 - Bullish Target 3 is 4622 - Bullish Target🎯2 Hit @ 4566 - Bullish...
Overview I decided it was time to start taking control of my own retirement account. For years my account has been pulling in mediocre gains and the only reason I've put up with it for so long is because: 1) it took me years to hone my trading skills and 2) my employer matches my contributions. Well, after reviewing my available fund allocations and performing...
Natural Gas has been consolidating for almost a year now at an 886 fib retracement, considered deep value. The week of December 11th ran all local lows going back to June 2023 and had the highest volume in 3 years. Could be putting in a bottom here?
View 1.Long Term 33 months Resistance observed at 1722 2. Very High Volume Candle formed on 15 Sep 23 & 15 Dec 23 between 1670 & 1650 Levels. 3. Reverse Divergence is observed as Price is making Lower High & MACD is making Higher Highs (Can be Double Top ). In Case of Breakdown of High Volume Candle below 1650 , there are chances of stock to be bearish. ...
GBPJPY heading to 194 key level area, a breakout of the neckline we find entry