Analyzing the options chain and the chart patterns of YY JOYY prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $1.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to...
On EURUSD, we have a bearish structure with the dollar pushing the euro down. Currently, we can observe 4 structural swing low breaks at H4. Therefore, the price is in a total buy situation. Personally, I'm waiting for a structural change at M15 during the London or New York session to go long with a target at 1.08. Let me know your perspective, greetings, and...
In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control. This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every...
On GBP/USD, we have a bearish setup with the price breaking through a swing low at 126.50 and 126.60, as well as forming a swing low around 1.2560. Therefore, we have all the conditions to look for a long position on Monday at the opening of the London session. A bullish entry that could take the price towards the marked box, which initially serves as support and...
I'm examining the USD/JPY chart and I've identified a potential bullish trading setup (Ullish). On the 4-hour chart (H4), I've noticed congestion between two key levels: a swing high at 146.29 and another level at 146.08. There has been a spike of just 0.1 pip above the previous swing high, which seems like an interesting signal to me. I plan to wait for a...
LONGING Apple based on my Algorithm, will update the trade once an Exit signal has occurd.
I observed on the EUR/USD chart how the post-NFP decline was anticipated, as the price bounced precisely off a support zone before and turned into resistance afterward. As the price went down, it broke the swing low at the 1.0782 level, effectively setting the stage for a potential long entry on Monday at the London or New York opening. I remember that this...
Fresh LONG Signal on ETH/USDT, as usual i will update the trade once an exit signal appeared on the chart.
On GBP/USD, it's possible to observe that the price is currently in a state of total uncertainty, positioned precisely between two very strong zones. The first zone is located higher up, where a decline could be anticipated, and the second zone is situated lower down, where a long position could be considered. This setup has been executed by following swing low...
Today we have important data on the dollar, which could significantly impact gold. I've identified two potential zones where I'll be looking for an entry for a long trade. The first one is between 1935-1937, and the second one is 1914-1924. Both of these are areas identified after structural breakouts on the H4 chart, meaning the market broke through swing highs...
Analyzing the options chain and the chart patterns of PDD Holdings prior to the earnings report this week, I would consider purchasing the 85usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $4.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
On EURJPY, we have a bullish setup. I'm looking for a breakout on the H4 chart of a swing high at the level of 159.50. Tomorrow, at the London or New York open, I'll wait for confirmation for a bearish setup, aiming to short the asset until the highlighted gray box between the zone of 158.60 and 158.80. Within this area, there's a crucial demand zone that marks...
On the dollar, we have a bullish setup with the price breaking upwards past three swing highs, creating a very significant demand zone. In fact, between the levels 1924 and 1914, we have the last bearish candle before the upward movement. This means that I will be looking to initiate a buy right within that zone. Naturally, once the price retraces to that area, I...
On GBP/JPY, we have a bullish structure forming after the market experienced a pullback in the H4 timeframe. In fact, I highlighted a bullish candlestick pattern following the market retracement. In that zone, I will go and search for a structural change on the M15/H1 timeframe to confirm my long-term view. Subsequently, I will enter the market with the target set...
SPWH, a sports and recreational retailer had a bad week or two as seen on the 60-minute chart. Reversion to the mean and the rubber-band perspective says that what goes down must go up. SPWH has fallen into deep undervalued territory. It has been down trending for most of this year. At the moment it might be correcting into a short trade or put option...
In the EURGBP pair, we have a long setup where the price has broken a previous swing high at the level of 0.8585. The price then retraced within the last bearish candle on the H4 timeframe, which led to the breakout of the swing high. In this area, I'm looking for a bullish entry if the market on the M5 timeframe shows signs of a bullish structure, namely forming...
The market is currently bridging a divergence between two bullish trendlines. The pair is continuing its ascent towards absolute highs; at the moment, it retraced to the lower part of the divergence, where we have a Hidden Bullish Divergence (HBD) on the H1 timeframe. This zone could potentially trigger an immediate price increase towards the upper part of the...
On this pair, we have a bearish setup on the H4 timeframe, with the price reaching the 183.38 area where it created a spike on a swing low. This false breakout has provided the market with a bullish momentum that could lead the price to break the bearish trendline, potentially pushing it to the 184.70 area as the first target, followed by 185.70 as the second...