The CAD/JPY pair is currently trading within a well-defined descending trendline. Multiple rejections are visible around the 108.300, 105.864, 105.434, and 105.044 levels, confirming strong bearish control over the medium term. Price has recently bounced from a critical horizontal support near 101.246, forming a short-term bullish move toward the descending trendline. We are now approaching a confluence zone near the 103.800–104.000 area, where the downtrend line intersects. This zone is a potential supply area and could act as a strong resistance. Trade Idea: Sell Setup Near Trendline (103.800–104.000) Target: 102.532, 101.250 Invalidation: Break and close above 104.200
We know OXN now is in its 2nd break out from the .01771 position but it has broke support at .0214. In its retracement, we may potentially see a test of .01819 to even .01641 is it wants to find support from the existing 1st pump. Only time will tell.
ONDO has an incredibly bright future, and people are going to regret not owning it on a level rivaled only by Bitcoin. Good luck, and always use a stop-loss!
Hello, so this trading week was great in general for a turnover in trend after the selloff due to tariffs. Shopify is a great company and I prefer to enter with my personal technical confirmations, so extension on the profile the next week is What I hope it does. I aim for a 16 % target on this one. Stay safe, Sebastian. Not financial advice.
POLYGON is now trading outside the upper trendline of the descending wedge pattern and may be preparing for a substantial move in the month of May. Good luck, and always use a stop-loss!
#IWCITY 25042025 ep - 0.38 sl - 0.33 (13.16%) tp - 0.44 (15.79%) rrr - 1.2X
SLB is still in a down trend but we could’ve found bottom. Tomorrow is earnings and it sure looks like a D1 breakout to the upside. If correct tomorrow’s earnings report hopefully will send us higher. Long term 1st target $74.41. (I may close my original investment here) I see oil reaching all time highs in the future if so SLB will as well. I’m already in collecting dividends.
The expectation in the S&P 500 daily structure is a positive close on Friday as the market goes into the weekend.
QNT is now starting to trade outside the upper trendline of the descending wedge and is likely to make an attempt to move toward the equilibrium zone—or close to it. This will be interesting to watch. Good luck, and always use a stop-loss!
Can this mini stock pull off another 20,000% percent ? Lets analyze . As we can see 0.91 cent support has always been respected heavily . Back in 2018 when it first made contact with support price rose 6x towards supply zone in which it was heavily rejected.. Rejection was so strong it dropped the price onto the bottom of the stocks channel in which activity brought price back to above 0.91 cents where once reclaimed, price rose 20,000% to $75.00 After 4 years, price now finds itself touching 0.91 cent level and bottom of channel . Price reacted heavily towards demand in the area as a huge surge in volume confirmed interest. Price again dropped towards support along with the broader market and now finds itself possibly starting its new bullish trend towards the top of the channel . This thesis aligns well with economic activity and demand for internal factors in the US as well. …. and lets not forget, The biggest EV maker on the planet is gearing up for autonomy , newer ev’s , renewable energy , robots , etc. BUT Only if supply zone is broken and confirmed as support can we really be sure price is headed to the moon.. Target $188.00