This could be a great start to a big fall, lets see what the FOMC brings
I took 3 trades today, DJ30 blow off long with NY Open, a parabolic reversal scalp on DJ30 into 3rd hour and a Silver Downtrend continuation short. Aggressive, and lucky session with 3 wins.
Technical Setup: The stock is trading near its 52-week low, which suggests it might be oversold. The RSI is also in the oversold area, increasing the likelihood of a potential rebound. Financial ratios show PE at 21 and ROE at 22%, indicating that the stock’s fundamentals remain strong, and it may be undervalued at current levels. Entry Strategy: The buy zone...
Market Context: COTI is consolidating within a key support zone, providing an opportunity to ladder into a long spot position. This offers a favorable risk-to-reward scenario for a potential upward move. Trade Setup: Entry: Between $0.091 - $0.107. Take Profit: First target: $0.13 - $0.15 Second target: $0.18 - $0.21 Stop Loss: Just below $0.085. This setup...
//@description // All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com // Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work. **Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It...
PDD growing 60%+ this year, 100% LTM, on revenue. $50B+ revenue expected for 2024. Trades at 2-4x NTM revenue which is at least 10 lower than US Tech --- (NVDA 14x for example)
The price has corrected to the 50% Fibonacci retracement and seems to confirm the bottom now. The SMAs 30, 50 and 200 are aligned bullishly. The next wave in direction of the previous high seems to be likely.
//@description // All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com // Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work. **Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It...
Friends who have been following me since last week should know that I have been supporting the XAUUSD short-selling plan in recent times. At present, as long as I follow my brother, I have made a profit of more than 50%. What I have always emphasized is that after the US interest rate cut, the upward trend of XAUUSD has ended. After all, the US interest rate cut...
💡Hello everyone, NZDCHF Chart Analysis The price is now touching a demand area. If the price can hold above the current support area, we may see a new bounce. ⬆️ But if the support is broken, it may be a signal of continued decline.⬇️ MACD indicator: It appears that momentum is starting to wane. If this trend continues, we are likely to see further price declines....
10.9.24 4hr chart observations. Nice move up, built 3 more bullish gaps. new target would be top of fvg from Sept. 26th.
Papa John's has approximately 292 locations in Florida. These restaurants are spread across various cities, including Orlando, Tampa, and Boca Raton, among others. It occurs to me who is going to be buying Pizza in florida at these locations when all their houses are flooded? what is happening to the Pizza restaraunts? are they going to be flooded? Puts at 9d...
Good morning traders The market planned out into what our thesis originally was from ages ago ie we are hitting 137 range -138 max then seeing a correction of some sort or we blow through this level up and keep going to 150's In this video I am most certainly long and feel lets look for a correction at the 137's between 8-12 dollars. If this doesn't happen...
It was a fake breakout, afterall. On September 28, I spotted a potential bullish breakout on CRYPTO:EGLDUSD - which ended up being a bull trap, sending the prices downwards. Right now, a two-month uptrend line is seeking support. It had a brief deviation in the form of a daily wick, unclosed. Again, this reflects the dominating bearish sentiment I see in my...
Intraday Update: If the EURUSD is going to bounce, it would probably be here at the 61.8% retracement at 1.0938 ahead of the CPI tomorrow. Intraday RSI's are divergent.
The triangle pattern I have previously shared seems to have changed, but I do not think that the short-term diversification has been completed yet, until the 141 level is broken. Double zigzag is still among the potentials.
**Scenario:** The 30-, 50-, and 200-day SMAs have been perfectly aligned for a bullish move for the past few days. Since the low point in August, the price has been making higher highs and higher lows, indicating a bullish trend. The seasonality in NASDAQ:MSFT (bullish Q4) is about to begin. The last bullish wave has already been corrected by 50%,...
The likelihood of a bullish move now is getting more significant. Reasons: After the low on September the 11th the price conducted a bullish move and has been in a sidewards consolidation since September 19th. On the last trading day the 30- and 50-day SMA made a bullish crossover. Now, all the SMAs are aligned bullishly. The last trading day also produced...