Forex
Quick Update on the USDCAD Pair: Things are progressing according to plan. As noted in the previous post, the pair turned bearish following a strong rejection at the multi-month resistance area. What’s New? The daily downtrend has just expired. We could see a relief bounce towards the mid-range level
Magnificent Tech Stocks
Mid-week update Nvidia (NVDA) - neutral Nvidia releases its Q2 2024 earnings report today and everybody's eyes on here. Most stocks will move depending on today's earnings report so be careful. Price action wise we are at key level. We break above for bullish continuation or
Crypto
PEPE Although there wasn’t much action on this pair, it did trigger a buy above the $0.000008 level. However, the return was minimal, and it failed to hold above that level, returning to its starting point. Our new bid level is $0.0000065, which is part of the
Magnificent Tech Stocks
Monday's Open Roundhill Magnificent Seven ETF (MAGS) Prices have not been able to break above resistance and we just closed the daily chart on Friday with an engulfing bearish candle indicating a possible retrace so be cautious this week. Most tech stocks are showing weakness short term. Amazon.
Crypto
It is time to re-evaluate the active trades of the last two weeks. Bitcoin is coming in stronger and we have more confluence in our bullish bias being above $62k. If it manages to touch $64,143.4 in the remainder of the week, it gives us more reassurance that
Commodities
Gold (XAU) Macro = bullish / short term = bullish Daily chart is about to confirm a retrace on today’s close. Our first long entry has just been hit, this should be a short percentage of your total position size you’re planning on building. The plan is to build a position
Forex
After so many attempts to break to the land of Valhalla. Carrying a beautiful candle in bullish formation only to turn into a bomb and kill all the bulls and bring despair on the landscape. We were warning to get out of the longs, already in good profit, and start
Deep Value Stocks
Macro Outlook - Neutral With Trump’s failed assassination attempt and the narrative behind the US elections we would’ve thought a bullish continuation here but it wasn’t the case. Price action kept showing weakness. Weekly RSI is trading below the 50, NO BUENO. We are in a NO
Crypto
PEPE Nothing to update on this one. All plays are based on triggers on key levels so unless it reaches / breaks into the specific level, no action can be taken. It touched the $0.000008 level only to be pushed back hard and it is back to the gray area
Magnificent Tech Stocks
Mid-week update Amazon.com (AMZN) - Bullish There’s an aggressive long trade here. Market buy now, dollar cost average your entry on a possible retrace toward $176. Stop tight at $176 Target @ $190 Alphabet (GOOGL) - Bullish This one just confirmed a bullish reversal on lower time frame. Long
Commodities
Edition #2 Macro = bullish / short term = bullish 🚀 🚀 🚀 From a macro perspective, the bullish trend has just been confirmed. With the current worldwide uncertainty regarding monetary policies, the wars going on and the political conflicts people tend to swift towards safe havens like gold since their store of value does not
Forex
Imminent breakout? I think if we start evaluating this type of chart, we can notice the bullish dominance in itself. It is more than clear that in any kind of consolidation it is quite complicated to try to anticipate the direction of the market. Many are willing to bet on