Gold and silver on the monthly chart exhibited SMT and mitigation of a PDA in the discounted region, signaling a potential MMBM, which was later confirmed on the daily chart. As a result, we maintain a bullish bias for these assets, considering they may be targeting the external liquidity of the monthly chart as the final objective. However, it is worth noting that the price might correct beforehand, returning to the discount region on the daily chart to seek internal liquidity and build momentum to reach the monthly chart's final liquidity target.
The NQ and ES on the monthly chart showed signs of rejection, indicating a possible correction toward a PDA located in the discounted region of this timeframe. Consequently, on the daily chart, there was a shift in the price delivery state, now seeking this liquidity as well as the daily sell sides. We maintain a bearish outlook for the assets, but it is important to note that the price may correct toward the premium region of the daily chart, seeking new liquidity to build momentum and ultimately reach the monthly chart objective: a more pronounced drop.
GBPJPY is sitting in a bearish trend but due some sort of correction before continuation to the downside could be upon us. A buy at this level or just below with a target of 196 would be my trade. This is solely a correction move with further downside movement predicted long term as the DOL is sell-side liquidity at much lower levels. 196 confluence area has a 4H FVG to fill and 0.618 fib level. GBPJPY does move in larger extremes so i wouldn't be surprised if we even hit 197 before the shuffle. News this week for GBP - inflation data Y/Y and GDP. The events for the week might correlate to a buy the rumor sell the news sort of move. DXY is still bullish and has room to continue its move higher, JPY and DXY normally move inverse of each other, so these levels will also need to be watched. Please do your own research before taking any trades. Your thoughts are welcome.
Downside trend. Just don’t believe in the company. I like $110 then $100. Earnings soon and could negate due to the unpredictable nature of this business. WSL
? Potential Price Targets: ? Near-term Goal: $327.91 (1-2 months) ? Long-term Goal: $375.00 (3-4 months) ? LucanInvstor's Strategy: ? Short: Below $327.91, targeting $320 and $300. The MACD is negative, and the price is below the 9-day EMA, signaling further downside in the short term. ? Long: Above $375.00, targeting $380 and $390. A breakout above resistance could resume the bullish trend, supported by the price being above the 200-day EMA. ? LucanInvstor's Commands: ? Resistance: $375.00 — A key resistance level; a break above this could trigger further upside. ? Support: $327.91 — A critical support level; a breakdown below this could lead to a pullback. MicroStrategy faces bearish momentum in the short term, confirmed by the MACD. A breakdown below support may lead to further declines, while a breakout above resistance could drive the stock higher in the longer term. ? "Strategize with purpose and precision."
The Head and Shoulders pattern has now formed on the one day chart, and Bitcoin is approaching the neckline. If we break below that neckline, we could see Bitcoin heading down to $75k. At the same time, Bitcoin is also showing a bearish flag. If this flag breaks to the downside, we could see Bitcoin moving toward $81k as well. My analysis over the past few weeks has pointed to a target range between $75k and $81k, so I’m keeping a close eye on these levels. Let’s see how things play out over the next few months. I’ll keep you all updated with any changes. Stay tuned and watch the price action closely. ?? Like, share, and follow for more insights!
? Potential Price Targets: ? Near-term Goal: $194.72 (1-2 months) ? Long-term Goal: $200.00 (3-4 months) ? LucanInvstor's Strategy: ? Short: Below $193.17, targeting $188 and $180. The MACD remains positive, but shrinking histogram bars suggest weakening momentum. A breakdown below support could trigger further declines. ? Long: Above $194.72, targeting $200 and $210. The price is above both the 9-day and 200-day EMAs, suggesting a continuation of the bullish trend, but caution is needed due to potential weakening momentum. ? LucanInvstor's Commands: ? Resistance: $194.72 — A key resistance level; a break above this could lead to further upside. ? Support: $193.17 — A critical support level; a breakdown below this could trigger a pullback. Alphabet remains in a bullish trend, with the MACD confirming positive momentum. A breakout above resistance could lead to further gains, while a breakdown below support may lead to a pullback. ? "Precision in strategy drives success."
? Potential Price Targets: ? Near-term Goal: $837.69 (1-2 months) ? Long-term Goal: $878.60 (3-4 months) ? LucanInvstor's Strategy: ? Short: Below $837.69, targeting $820 and $800. The MACD remains negative, and the price is below the 9-day EMA, indicating further downside. ? Long: Above $878.60, targeting $885 and $900. A break above resistance could trigger a rally, but short-term bearish momentum suggests caution. ? LucanInvstor's Commands: ? Resistance: $878.60 — A key resistance level; a break above this could lead to further upside. ? Support: $837.69 — A critical support level; a breakdown below this could trigger further declines. Netflix is under bearish pressure in the short term, with negative momentum confirmed by the MACD. A breakdown below support could lead to further downside, while a breakout above resistance may lead to a potential rally. ? "In times of uncertainty, clarity in strategy is paramount."
? Potential Price Targets: ? Near-term Goal: $72.92 (1-2 months) ? Long-term Goal: $80.00 (3-4 months) ? LucanInvstor's Strategy: ? Short: Below $67.26, targeting $65 and $60. The MACD remains positive, but shrinking histogram bars indicate weakening momentum, which could lead to a short-term pullback. ? Long: Above $72.92, targeting $80.00 and $85.00. The price is above both the 9-day and 200-day EMAs, indicating a strong bullish trend, but caution is needed due to potential weakening momentum. ? LucanInvstor's Commands: ? Resistance: $72.92 — A critical resistance level; a break above this could lead to further upside. ? Support: $67.26 — A key support level; a breakdown below this could trigger further declines. Palantir is in a bullish setup, with strong long-term momentum confirmed by the MACD and EMAs. A breakout above resistance could lead to further upside, while a breakdown below support may lead to a pullback. ? "Clarity in direction ensures progress."
I present to you order flow data that shows clearly where order walls are present, why price action rejected off of $0.022 (I think I mistakenly said $0.22 in the video, I meant .022..)