My bullish confidence comes from the 3M and 6M charts which show a much more positive price structure. What piques my interest on this timeframe is our EMA stack and the flagging nature of our short term EMAs now coiled inside our Long Term EMAs. It make some time to play out but in regards to r/r BA has that look. If BA fails at this level and our EMAs confirm lower, we are looking at much lower.
SOL- $$7.34M $mini.X LSE:MINI mini entry PT 0.002-ish Next Target PTs 0.11 and higher we are building a mf gang of the smallest cats ever
SELL DXY (USD) for bullish trend reversal STOP LOSS : 107.614 Regular Bearish Divergence In case of Regular Bearish Divergence: * The Indicator shows Lower Highs * Actual Market Price shows Higher Highs We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
From my previous publication, We can see gold climbing steadily. My idea has not completely changed. Gold has reached ATH 3x in a row creating a "Tripple top" and an ascending triangle. Minor pullbacks to previous S/R levels. The currently imposed tariffs and dovish gold news can raise its price to a new ATH. Gold kept breaking through Bearish OB, hence Bulls are known and will not be leaving the market anytime soon. The next big impactful news can either pump or dump the price of gold. {Pump to aATH / Dump to reset and continue to rise}.
Smart money trading is the method I use. It utilizes market structure, liquidity, and supply/demand zones. From my image you can see the steps before a long setup possibly in NY session tomorrow. Liquidity was taken and momentum has went for the upside, looking for a long setup at my 7th step. https://www.tradingview.com/x/wpH3yG76/
USD/JPY is locked in a fierce battle between bulls and bears, but the "bears" are clearly in control. The price is sinking below the EMA 34 & EMA 89 on the 4H chart, sliding down a descending channel like a runaway car with no brakes. With Japan's Manufacturing PMI set for release, the market is bracing for the final blow to this currency pair. The bulls are holding their ground, but can they withstand the 152.29 resistance, a level that has stood firm in the past? If they fail, a slide toward 148.66 will only be a matter of time! Warning: Japan's PMI will be the ultimate trigger. If the data comes in weaker than expected, JPY could lose momentum. However, if it beats forecasts, USD/JPY might go into free fall with no safety net!
Really like a reversal here at a popular bottom for this one Sitting on a lot of cash as well Only fully licensed conventional Uranium mill in the US I think Uranium sector has found a bottom We pray for a good 25' for Nuclear/Uranium stocks I think we will Cheers
No this is not a top call, but this is not the r/r to be taking new longs. Trends can stay long overbought before correction but data points to a breather on the horizon for tech and the Qs. Selling CCs, Buying puts, etc.. to offset some delta is wise at this stage in the daily cycle. The market breadth is about neutral as it gets which could be argued to either side.
QBTS is trying to regain its bullish daily trend. While we have had 3 consecutive days back in the green candle (bullish) territory, the momentum has not been long enjoyed by the bears. Today had the glimpse of bull traction but close wasn't the most convincing. Nevertheless, EMA stack looks solid and daily closes are looking promising. Don't be surprised if we get that new trend pullback before the real move. Watching this one closely. Weekly is bullish and building a base around this 6ish level.
Hey, I believe we are in wave 4 of 3 and that the crypto market cap will be more relevant to use than BTC to determine the wave count and the top of the cycle. What do you think?