My first idea. ☺ TCDA is my long term investment. Within few month I will expect 7$ or more. But I plan to hold it about few years until it reach to 40$ (min 27$). In reality I didn't put stop loss. I pt risk to reward tool for calculation. Any investment within 1 year will bring some profit but BUY at your own risk. Do not use leverage. Let's see.
PayPal - Short Term - We look to Buy at 89.71 (stop at 84.43) Broken out of the channel formation to the upside. We have a Gap open at 89.63 from 02/08/2022 to 03/08/2022. We have a 38.2% Fibonacci pullback level of 89.84 from 103.03 to 68.51. Preferred trade is to buy on dips. Our profit targets will be 116.91 and 152.00 Resistance: 103.03 / 117.20 /...
In this chart price break the support with increasing Volume and retest the level with Low Volume which is clear indication of sell trade. best of luck.
New Home Sales hit a 6-year low in July, down over 50% from their 2020 high.
NAS100USD/b] - Intraday - We look to Sell at 13124 (stop at 13319) Short term momentum is bearish. There is scope for mild buying at the open but gains should be limited. Horizontal resistance is seen at 13150. Resistance could prove difficult to breakdown. We look to sell rallies. Our profit targets will be 12705 and 12600 Resistance: 13150 / 13600 /...
USDCAD - Intraday - We look to Sell at 1.3000 (stop at 1.3050) Previous support located at 1.2950. Previous resistance located at 1.3000. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.3000, resulting in improved risk/reward. A move through 1.2950 will confirm the bearish momentum. Our profit targets will...
Expecting a small correction on this pair before the fed speech this week.
Marathon Digital Holdings - Short Term - We look to Sell at 15.05 (stop at 19.95) An overnight negative theme in Equities has led to a lower open this morning. We have a Gap open at 15.05 from 18/08/2022 to 19/08/2022. Broken out of the channel formation to the downside. Further downside is expected although we prefer to set shorts at our bespoke resistance...
Looks like a break up out of the weekly channel and then a successful retest. Very bullish and 110 + likely soon. Euro likely continues sell off and goes below parity with the USD as I posted before.
Dollar looking bearish, Dollar is likely to sell off from this zone of 106.402-106.250
BTC triple topped into the ascending triangle which broke down to the downside, an extremely bearish move. I wondered why altcoins are up and I believe it is because everyone is liquidating out of BTC and potentially into stablecoins. I strongly believe this investment by the US gov into the IRS is to crack down on illegal principles funded by drug dealers,...
Us Oil Fore Checking Update Soon Will Come Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
📉 #DXY #REQUEST #IDEA 📈 We are in an ascending broadening wedge - these have a very high chance of breaking down (approx. 75%+). Currently got smashed from a bearish divergence although a bullish hidden divergence has popped up on the supporting trendline along with the 100 EMA there too. Realistically a bounce here is possible although bigger factors at play...
The Nasdaq index is confirming a beautiful pullback. The upward channel is broken, now the markets are getting a new life
We found some support around the 105.252 area, will keep an eye and see if this market trades higher back up passed the 107.600 area
The US Dollar DXY Index pierced above Falling Wedge resistance on Friday, positioning itself for a breakout. If prices surmount the 20-day Simple Moving Average, a run higher to the 2022 swing high at 109.29 may be on the cards. MACD is on course to make a bullish cross above its centerline on the 8-hour chart, which could bolster sentiment. However, a failed...
US Nas 100 - Intraday - We look to Sell at 13057 (stop at 13289) The rally has posted an exhaustion count on the daily chart. A lower correction is expected. Prices expected to stall near trend line resistance. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 12508 and 12400 Resistance: 13100 / 15200 /...