PlazoSullivanRocheCapital

PlazoSullivanRocheCapital

Multi Timeframe Analysis First Republic collapsed - the latest in a string of notorious bank failures. The economy is breaking and it is highly unlikely the FED will continue raising rates beyond 50 BP. Yes. The FED will attempt to save the banks. We expect a 25BP in two days to be announced during the May FOMC BTC will thereafter continue to range at this...

PlazoSullivanRocheCapital

Multi Timeframe Analysis I see BTC hitting 115K to 200k before 2030. I DCA into my fave coins. That said, this bull trap taking BTC to 21k as of today will wipe out leveraged long traders before long. Bearish harmonic patterns on the weekly and daily consistently point to a 10k BTC. Worst case is 3k. Zoom out. This is a minor uptick against an avalanche of...

PlazoSullivanRocheCapital

Multi Timeframe Analysis The token aims to solve core trust issues as per their white paper. A high risk, but potentially superior value proposal project compared to the likes of AVAX or ADA. The project uses both POS and POW consensus mechanisms. Price currently stands at $1.36 USD with a 24-hour trading volume of $195,084 USD.. The current CoinMarketCap...

PlazoSullivanRocheCapital

Multi Timeframe Analysis The pair's relentless rise leads to profit taking. Expect a sell-off till price reaches 1808 What next:XAUUSD will retest 1808 coinciding with a formidable bearish order block. 1. Bearish order block at 1808 on the 4H chart . Bullish order block at 1760. Order blocks are magnets for price 2. MFI , Prem Stoch and TDI signify bullish...

PlazoSullivanRocheCapital

Multi Timeframe Analysis The pair's relentless rise leads to profit taking. Expect a sell-off till price reaches 1.36 prior to the resumption of a bullish surge What next: USDCAD will retest 1.36 or 1.35 coinciding with fibonacci level set by a bearish harmonic pattern . Bullish run dominates 1. Bullish order block at 1.36 on the Daily chart . Order blocks...

PlazoSullivanRocheCapital

Multi Timeframe Analysis The pair's relentless rise leads to profit taking. Expect a sell-off till price reaches 1.17 prior to the resumption of a bullish surge What next: GBPUSD will retest 1.17 coinciding with bullish order block and fibonacci level set by a bearish harmonic pattern. Bullish run dominates 1. Bullish order block at 1.19 on the 4H chart ....

PlazoSullivanRocheCapital

Multi Timeframe Analysis CPI print surged the markets but indices shaved the gains almost within the same day. FED thereafter released 50 BP and Powell adopted a stance that slightly dropped the pair. EURUSD is now in overbought region and profit taking is around the corner. What next: EURUSD will retest 1.037 coinciding with the (a) wave of the Elliot...

PlazoSullivanRocheCapital

Multi Timeframe Analysis CPI print surged the markets but indices shaved the gains almost within the same day. Short term bullish for December as it is now apparent that Powell will be dovish during the FOMC this Thursday. Long term bearish as the full impact of recession will settle this 2023. BTC will continue its descent to 10k What next: DCA in at the lower...

PlazoSullivanRocheCapital

Multi Timeframe Analysis EURUSD has further upside potential however a Monday-Tuesday drop is inevitable What next: Expect a corrective fall to a bullish order block at 1.035. This zone coincides with an ElliotWave goal post and bearish shark harmonic pattern key level 1. Bullish order block at 1.035 on the 4 hour chart. Order blocks are magnets for price. 2....

PlazoSullivanRocheCapital

Multi Timeframe Analysis GBPJPY had been stuck in a bearish order block spanning 165 to 167. What next: Expect a corrective fall to a bullish order block at 165.101 before resuming the uptrend 1. Price trapped within a bearish order block on the 4 hour chart. Order blocks are magnets for price. 2. MFI and TDI signify bullish momentum. CCI over 100 implying...

PlazoSullivanRocheCapital

Multi Timeframe Analysis PPI bled out the indices including US30 What next: US30 broke through a bullish order block and will drop further after a minor correction to 33583. Keep an eye out on FOMC this week! 1. Price hit and decimated a bullish order block 4 hour chart. Order blocks are magnets for price. 2. MFI and TDI signify extreme bearish momentum. CCI...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Big moves ahead this week with CPI and PPI What next: XAUUSD tested a bearish order block at 1804 and was rejected. It should complete the B wave elliot progression then drop to Demand Zone. From here, gold will resume a bullish trajectory Narrative: 1. Price hit a bearish order block at at 1804 on the 4 hour chart. Order blocks are...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Powell's latest dovish statements rallied stocks to new highs. Most indices are now over their Weekly 50 EMA signifying risk on attitude. NFP momentarily crashed US500 and US30 but the same recovered all lossses within the same day. What next: BTC should continue to 18k , a maximum of 20k before dropping to a terminal bottom between 8k...

PlazoSullivanRocheCapital

Multi Timeframe Analysis The impact of OPECs cut-back by 2M barrels production daily manifests in higher prices. Oil will retrace to 79 then surge to 86 before Jan 2023 What next: Wait for the dip then go long Narrative: 1. Price hit a bullish order block at 79 on the hourly chart. Order blocks are magnets for price. From here, prices will drop 2. Trader's...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Powell's hints at interest rate outlook weakened the dollar and increased interest in the stock markets. All indices surged minutes after the FED announcement. Price reached a huge bearish order block and resistance. A fall is coming What next: expect some further upside after the large correction downards. Narrative: 1. Price hit ...

PlazoSullivanRocheCapital

Multi Timeframe Analysis US500 and most indices are over the Daily and Weekly 50 EMA. The mini bullrun is partially due to FED whispers that terminal interest rates required to tame inflation had been achieved. What next: expect some further upside before a large correction downards. Narrative: 1. Price is drawn to a bearish order block at 4490. Order blocks...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: BTC will rebound to the bearish order block at 16.7 then drop to 15.9 and then to 12k Note that there exists very little volume profile from 12k to 16k. This is a paper support that if breached will provide a fantastic buying opportunity at awesome lows Narrative: 1. Price is drawn to a bearish order block at 16.7. Order blocks...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Last Sunday we saw EURUSD falling. We took several sells and closed in profit. The analysis for this week is a further drop to 1.02 DXY is correcting upwards in a haphazard manner, however it's bias is to the upside. As DXY strengthens, expect EURUSD GBPUSD AUDUSD and NZDUSD to fall further as discussed last week. Narrative: 1....