JUST A REMINDER Silver tracks gold adjusted for inflation. Incredibly bullish chart for both precious metals. Enjoy the ride!
Alright, let’s talk Starbucks (SBUX) on this daily chart—things are getting spicy! The stock just pulled back to that trusty uptrend line it’s been riding since mid-2024, and it’s hanging out right at a sweet Fibonacci retracement zone around $96.25 as of March 13, 2025. To top it off, check the RSI—it’s flashing oversold vibes hard, dipping to 29.1, which is screaming “buyers might be lurking!” That’s three big signals lining up: the trendline support, a solid Fib bounce zone, and an oversold RSI. Together, these bad boys could be the magic combo to give SBUX a breather and some consolidation right here. But will it stick, or is there more drama waiting around the corner? Let’s just say the setup’s looking strong, and I’m keeping my eyes peeled for what’s next!
As the market is bearish for now I'm having Liquidity below... Going short will be the perfect decision .. HAPPY SHORTING ?
Alright, let’s dive into Lululemon (LULU) on this daily chart! The stock just hit a reversal target from that triple top pattern we’ve been watching, which lined up perfectly with a Fibonacci correction at the golden ratio—pretty slick move! Check the RSI down below—it’s screaming oversold with that dip into the 30 zone, which could signal a breather for the bears. Sure, the overall market vibe ain’t looking too hot right now, but LULU might be looking to stabilize around these current levels. If it can hold steady here, we might see it start clawing back; otherwise, keep an eye on that support near $300 if it keeps sliding
USDJPY 1D Short The pair broke down a bullish channel and it is now rejecting a pivot point around 149.5-148.5 The objective for the broken channel it's around 140.5 where a strong support is located.
Alright, let’s check out ABT on the daily chart. The stock enjoyed a steady climb since Jan 2025, riding a clear uptrend line, and now just nailed a technical reversal pattern, and it seems like it’s aiming for a target around $115 per share in the short term (1-3 months).
It seems that the time has come for the gold chart to decline and break through all the levels marked with the blue line. If my analysis is correct, the Russia-Ukraine war will most likely come to an end, and the U.S. economy will enter a period of growth.
Bitcoin (BTC/USD)* on a 1-hour time frame, showing price action, a channel formation, and key support and resistance levels. Key Observations: 1. Price Movement in a Channel: The chart clearly displays Bitcoin's price moving within a descending channel, indicated by the blue lines. This suggests a bearish trend, where the price is making lower highs and lower lows. The price has recently approached the support level and is testing it once again. 2. Resistance Zone: The resistance zone is marked in red, highlighting the upper boundary of the channel, around 81,800 to 82,000. This is the region where Bitcoin has struggled to break above, making it a critical point to watch for potential reversals or a breakout. 3. Support Zone: The support zone is indicated by the red box on the lower part of the chart, around 80,200. This is where Bitcoin’s price has consistently bounced in the past, making it a potential area to consider for entering buy positions. 4. Target Completion: The target price for the current move has already been hit at80,200, as shown by the “TARGET COMPLETE” label. This suggests that the market has reached the projected support level, completing the move to the downside. Trading Strategy: - Sell Setup: If Bitcoin fails to break above the resistance at 82,000, there could be a potential continuation of the bearish trend towards the support at 80,200. - Buy Setup: If the price holds at the support zone of 80,200 and shows signs of reversal, traders might look for a buying opportunity targeting the resistance at 81,800 - 82,000. - Stop Loss: To protect against potential reversals, a stop loss could be placed just above the resistance level around 82,500. Conclusion: This chart shows Bitcoin's price movement within a descending channel, with a target price at 80,200 already hit. Traders should pay attention to the resistance at 82,000 and support at $80,200 for potential trade opportunities. The market could continue to consolidate within this range or break out in either direction, depending on the price action.
Textbook execution on XAUUSD. Caught the move from the bottom, rode it all the way up with precision. No hesitation, no second-guessing—just straight profit. If you weren’t on this wave, you’re watching from the sidelines. Stay sharp.
https://www.tradingview.com/x/yKT3Bx0M/ ✅NZD_USD made a retest Of the horizontal support Of 0.5680 from where we Are already seeing a bullish Rebound so we can enter a Long trade from around 0.5700 With the target being 0.5737 And the SL of 0.5676 LONG? ✅Like and subscribe to never miss a new idea!✅