In the analysis presented in the previous post, it continued to grow in the 4H period after exiting the descending channel to the supply zone. 🔰 But in the weekly time, after a complex combination correction, it made a floor in the range of 0.34 and now, as can be seen, it has come out of the density and is currently facing selling pressure in the supply area,...
The price perfectly fulfilled my last idea. It hit the target. FX:CADJPY is about to potentially break through the downward channel border and update highs. The market formed some compression patterns. I expect a short-term rollback to the support level, then growth from the support level to recent higher highs. My target is the resistance zone at...
If you haven`t bought the dip on PAYX: Then analyzing the options chain and the chart patterns of PAYX Paychex prior to the earnings report this week, I would consider purchasing the 125usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $2.72. If these options prove to be profitable prior to the earnings release, I would...
In the daily and weekly time, after an upward cycle in the supply area, a complex mixed correction has been corrected to the 0.38 Fibo range of the previous wave, after which it faced demand. 🔰In the lower time, it went through a full cycle up to the green box area, which again grew up to the current area after a correction. 🔰If this wave is extended and breaks...
In the daily and weekly time, after a complex correction in the range of 0.01343 after the bottoming, it has started a motivational wave, which has already penetrated above it after breaking the sub-swing and the resistance range. 🔰 This wave can touch the specified targets after stabilizing above the green box. 🔰 This moving wave of wave 3 is smaller than the 3...
The price perfectly fulfilled my last idea. It hit the TP. After hitting the target, the OANDA:XAUUSD surged, moving towards the next key resistance zone. On the daily timeframe, the market broke above the previous highs, making all-time highs. I think it is the perfect scenario to buy pullbacks in a trending market. Overall, I expect a correction to the...
The price perfectly fulfilled my last idea. It hit the target. FX:CHFJPY is pulling back to resistance after bouncing off the support level and channel border. I think it will move upward because it made a fake breakout of the previous low, and the main trend is bullish. The market broke the previous structure support level, then quickly returned above it. I...
The price perfectly fulfilled my last idea. FX:EURUSD played out nicely; it fell from resistance and hit the targeted level. The price bounced off the resistance by forming an impulse movement. I think it might keep moving sideways because after trending usually comes a ranging day, and today is Friday, which can potentially impact the market. However, we have...
The price broke through the range zone and moved higher, and most likely we'll see some pullback. I think the OANDA:XAUUSD may form some sort of range pattern, such as a triangle where the market keeps bouncing between resistance and support, squeezed before retesting the resistance zone. Overall, I expect a choppy market because we have news in the NY session....
The price reached the support level where it bounced off before. FX:EURUSD is forming a potential range zone below the resistance zone. Today we don't have high-impact news, so I think the market might continue moving sideways. However, if the market pulls back and rejects the resistance zone at 1.08500–1.08600, we can expect a rebound from it. Basically, the...
I've written many posts and made videos expressing my belief that XauUsd will reach a new all-time high (ATH) this year. Now, the question is, will it start with all-time highs this month? In my opinion, it will. But let's begin with why I'm quite certain that Gold will reach an ATH this year. It's relatively straightforward when you examine the monthly chart....
Analyzing the options chain and the chart patterns of KSS Kohl's Corporation prior to the earnings report this week, I would consider purchasing the 27.50usd strike price Calls with an expiration date of 2024-10-18, for a premium of approximately $3.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t sold the top on RH, for that fantastic 12.75X gain in the options chain: nor bought the dip here: Then analyzing the options chain and the chart patterns of RH prior to the earnings report this week, I would consider purchasing the 310usd strike price in the money Puts with an expiration date of 2024-3-28, for a premium of approximately...
Dear colleagues, I suppose that the upward movement is not over yet! The price is forming Multiple Zigzag. I expect the price to reach the support area at 79.00, having finished wave X, after which I expect the upward movement to continue at least to the resistance area - the maximum of wave C at 83.00. I do not recommend entering short positions! We are looking...
At time W1, D1 is currently returning in the form of a three-wave movement after a corrective cycle. Therefore, in the range of the green box, after the failure of the swing, it can continue its growth with a pullback to the specified range, at least up to the range of 0.34, and then in the Fibonacci levels, which are areas with supply areas. 🟩Sup: 0.1587 -...
Dear Colleagues. I suppose that the price will continue its upward movement. After the strong news background, we have to redraw the waves. I think that the wave starts the ascending wave 3. The nearest target is the resistance area at 2222.710. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Yesterday, OANDA:XAUUSD tested 2.2k once more and is rolling back down. As explained, the trend remains bullish and we could expect a rise above this important level. However, although 2150 is the key level for the bullish trend, at this moment, we should watch closely the 2180 short-term trend line. My strategy remains to buy dips as long as the 2180 zone is intact.
In my analysis of BITSTAMP:BTCUSD from March 17th, I pondered whether Bitcoin's bullish trend should cause concern for its bulls. I concluded that there was nothing to worry about and highlighted the importance of the 62k zone, suggesting that buying within that zone would be advantageous. As anticipated, the price reversed precisely from that zone and even...