I'm projecting Disney to rise a bit thanks to the saucer that was seen a few months ago as well as the MACD trend. The biggest obstacle to this play would be an unwelcome surprise from all the turbulence with the board. Projected to go to $137 if all goes according to plan but wouldn't be surprised to see this hit $142
High upside potential coming for GME if it can push past its current lows. If you're catching the bottom swing, i would recommend keeping a close eye on the price for the next few days. could be invalidated but we'll see!
Comment if you need help with the rationale; it's fairly self-explanatory.
Pretty self explanatory. Comment if you need clarification
What we see here is the triangle formation that has been in the works since Jan 2021 finally coming to its end. The purple line here is the bottom of the triangle and can be considered to be the 'lowest' price point of the stock. I expect the downturn in price to continue till around Mid-October where it will either shoot back up to the top of the triangle then...
Pennant formation on PLTR looking at delivering a huge jump of almost 2000 pips in a very short period of time
Very self explanatory here. There's an obvious double top pattern forming here and we've just broken through one of the support lines and have also broken out of the fork drawn here so expect a major reversal in a year's time
Hey all, Long time no see :) I've been out of the game for a while after shifting my focus away from actively trading FX since my strategies are generally long term anyway. I've been very successful with this pair thankfully and noticed this pattern that looks like a potential double top. I'll be getting in earlier than I have indicated as I believe that the CAD...
As the title suggests, we have an ABCD formation that is poised to hit approximately 260 pips within the month. The numbers on the pattern are very solid and the short play is corroborated by a historically bearish climate at the New Year.
Two plays here depending on how the next few days go: Breaks through the important resistance level: Will continue a very bullish run that may complete a Bat formation. Rejects the important resistance level: Will fall back down and adhere to a 3 drives pattern.
Bullish Bat pattern indicating a turn for this pair from the recent trend. 3 Targets I'm hoping to hit here - all supported by Daily S&R levels.
Based on my analysis of the pair's movements this year, I'd expect the pair to have a chance to reverse and continue working through its current channel down to about the 107 mark. However, this analysis is simply based on its current pattern which I predict it will break out from in the long-term due to discrepancies between the Fed and BoJ's macro-scale views.
We're at a minor decision point with this pair as it seems to be in an area of consolidation. I will be watching for when it comes out of this consolidation as I'm expecting a large downwards move. I'm also preparing for the possibility of an upwards price correction move.
Although the ideas I share with you all revolve around currency pairs, I thought I'd share another specialty of mine: Biotech and pharma stock. If you're in the field, you may have already heard about Gilead having one of the best price to earning ratio of the major biotech companies. You may have also noticed the sharp decline that they experienced in the summer...
Hey all, what we can see here on the NZDJPY pair is that it has been oversold to the point where it looks like it might be breaking out of the pitchfork pattern. As usual, I plan to play the odds - which in this case involves the pair diving back into the pitchfork formation.
Hey all, what we have here today is a long-term idea that revolves around an apparent triangle formation on the AUDUSD pair. Triangles do not usually tip their hand about which way they plan to move until the price is already in motion, so we can be prepared for both scenarios by setting up two possible plays. Of course this being a long-term idea, the entry...
Hey all, we've got a very self-explanatory formation here on the AUDJPY pair. The ratios seem to be in accordance with a typical bat pattern, so we can predict that it will hit a couple of targets provided the price drops to the entry level.
Hey all, I've got a simplified graph here with just the bare features required to visualize the fact that the pair has been adhering to this pitchfork quite nicely. I expect it to hit the following three targets sometime within the next few months. This is barring a complete bearish reversal due to the Canadian dollar's recent strength, which may end up causing...