Canopy Growth looking amazing - all 5 waves are done. Bullish signals are here NOW.
The DXY RSI levels are approaching overbought territory. Don't need to over think this one. I'm looking for a mean reversion. On average, it appears a DXY pull back is +/-12%. $102-$98 is the level I'm watching for the short/medium term for the DXY. I imagine it strengthens again in the future, but it's offside at the current moment. Stonks, BTC, & Crypto are looking prime for a risk on environment & substantial gains - for at least the short to medium term - if the DXY sells off. Either way, it's looking like the DXY will need to mean revert in the near term. BULLISH.
Possible selling orders to be filled, sellers would want to defend their selling volumes, at 81.30 dollars per barrel and 82. 15 . This is due to selling pressure placed by bearish influence at this proce level
https://www.tradingview.com/x/z21mvNnH/ Hello,Traders! TESLA is trading in an Uptrend and after the Local correction and a Retest of the horizontal Support level of 389$ We are already seeing a Bullish rebound so we Are bullish biased and We will be expecting a Further bullish move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
NZD/USD is likely to continue dropping, since the COT data has been steadily decreasing over the last several weeks, which adds to the current Bearish bias...
The daily chart should be headed to ~5 and then ~6 dollars give or take. It already has a confirmed double bottom that is currently re-testing its neck after reaching the top of the larger wedge here and getting stopped there. If LTFs moves down to re-test 4.27 or even a pullback below it around the EMAs occurs, and these levels are held or reclaimed as supports, that would be a successful re-test of the double-bottom's neckline. That double-bottom's initial target would lead to a breakout of the larger wedge, after a failed breakdown (making it more likely already). A daily wedge break targets $5.97 as its initial take profit target, around $5.14 as the halfway point towards it. Good luck!
Sharing this on the hourly, but the daily chart is what caught my eye. The 1/17/2025 dip got bought right up. There could be a little but of a head and shoulders patter going on, meaning it may turn bearish, but I think one good bullish move up is not out of the question. KEY: -White Horizonal Lines: Previous High/Low, multiple time frames. -Green Horizontal Lines: 1.618 fib level. -Purple trendline: Head and Shoulders neckline.
XRP might be moved down to re test the $ 3 or below that at $ 2.9 . it the coin doesn't break the support level then we might see a bullish moment toward the identified mentioned target.
Technically: AUDNZD is printing double top AUDNZD is printing bearish divergence Trade plan is mentioned in chart
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Ballard Power Systems Inc. - Double Formation * A+ Set Up)) At 2.50 USD | Subdivision 1 * (Continuation Argument)) | Pattern Confirmation - Triple Formation * ABC Flat Wave Set Up | Subdivision 2 * Numbered Retracemant | Downtrend | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell