Luna will nearly double before the end of 2022Chart pretty self explanatory.
- used EWT and proprietary techniques I developed in confluence to obtain targets
- used Gann to establish time to target
- used common sense to "risk" September 5.00 calls for 1.10 last week (currently 1.40, expecting them to go for 3.00-5.00 before expiration)
I recommend waiting until downtrend breakout for entry if you're not in yet and I if in already add there. Not financial advice but honestly these are conservative targets. If anything it will get in the 9s and consolidate or pullback before going higher. If you're in shares let this ride long-term, very high probability it will make a new high, estimate it will be trading around 28 in the next few years.
Best,
Luna Lovegood
Proprietary
Markup ActivatedMarkup was activated this morning above 1089.43
If we clear 1111 I expect explosive upside to 1713.53
If we clear 1713.53 by July 12 (7/12/2022), it can run to test resistance at 2333.93
If we clear 2333.93 by July 21st, the initial target becomes 2752.20 - can hit this by July 25th
Above 2752.20 (within this time window) and they invoke chaos with respect to demand. Goal target will become 3458.32 by 8/4/2022, but it can reach as high as 6189.97-7665.74 by October 27
This window of opportunity closes on 9/1/2022, after which the probability of being able to break resistance at 2333.93 begins to accelerate, and approaches 0 past October 27 2022. A realization of 2333.93 after Sep 1 will likely result in a rejection, followed by a downside move to a new low where they will re-attempt an accumulation setup that can end this corrective wave.
Coiled Bottom - Unique Bullish Pattern (GBPCHF, H4)This is one of the patterns that I've been trading for years that I discovered on a GDX weekly chart. I call it a "Coiled Bottom". Basically the market has two up and down waves that acts as a coil. You look to buy at 61.8% A2 or lower of the second down wave (B2). The main target is 1.618 of the second down wave (B2). My entry is a cross of the "entry cross" level. My stops are about 2/3 the distance of the up-wave. The target is at 1.2675 (1.618 B2). One other thing.... the cross of the "entry cross" level needs follow through from two bars. If that doesn't happen it tends to stop-out. So i'll be waiting for the orange line with a limit order and for there to be a "good" up bar showing people have entered positions. If that doesn't happen or if it corrects a small distance into the cross bar then I'll exit for a small loss and wait for another test of the same level to enter again. My risk on this trade is 2.75% (this fits my risk tolerance).
Accumulation Time for DuskAfter shorting Dusk earlier. I now expect a nice bounce from here (if support holds)
Buy: 0.09 - 0.105
Stop Loss: 4 Hour close below support
Amazon Long after the previous Re-TraceMr. Pips says you can long Amazon with little risk here. Check out the attached idea to see my previous call on Amazon.
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XRPUSDT LongMr. Pips says you can long XRPUSDT with very little risk here.
Mr. Pips' proprietary indicator is showing a buy signal. This is a clear indication that the price is going to go up! There is no other indicator available that will show you these important price zones. This is NOT Murrey Math Lines. These are NOT auto Fib levels. There is no need to spend hours on end doing extensive research or trying to read news reports when you have the right tools at your disposal!
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
Mr. Pips wants you to have a blessed and profitable day!
Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
Long NEOUSD NOW!!!Mr. Pips says you can long NEOUSD with very little risk here.
Mr. Pips' proprietary indicator shows you that the price was strongly rejected at My Indicators Main Trendline/Zone. This is a clear indication that the price is going to go up! There is no other indicator available that will show you these important price zones. This is NOT Murrey Math Lines. These are NOT auto Fib levels. There is no need to spend hours on end doing extensive research or trying to read news reports when you have the right tools at your disposal!
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
Mr. Pips wants you to have a blessed and profitable day!
Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
Dax daily: 05 Jun 2019 Yesterday’s session is a nice confirmation of a clear support level laying at 11 620. After the price broke out of the 11 778 level, Dax shot up to hit 11 860. The momentum was strong enough and that level didn’t slow the price at all. Bulls went even higher to close at the intra-day high at 11 985, which is btw one of the resistance levels we previously highlighted.
Important zones
Resistance: 12 064, 11 986
Support: 11 861, 11 778
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
09:15 – 10:00 CEST – Eurozone PMIs
Today’s session hypothesis
The price opened the day without a gap. It is very likely we see some initial correction of yesterday’s bullish momentum, followed by another upside move. If we go long, we shall target the resistance level of 12 064. This price was important in the past and this confirms the occurrence count there. If bulls are not that strong today, we estimate a sideways price action, along with the 11 860 level functioning as our support zone.
Dax daily: 20 May 2019 Friday’s session hasn’t really seen much success from the statistical point of view. There were increased probabilities for breaking of Thursday’s high and two support levels nearby to add to the hypothesis. Dax turned downhill on a very lazy pace, buyers reacted with a very slight correction at the first mentioned support level and the second support level hasn’t even been reached. In the end, the session turned out to be a lazy bear, as it often is on Fridays. Today we open with a small ascending gap.
Important zones
Resistance: 12 376
Support: 12 196, 12 118
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today’s session hypothesis
We anticipate continuing in the uptrend that has formed. Dax already filled our first target, which was a retest of 12 190 level. In the upcoming days, we estimate that the zone laying at 12 448 could be retested as well. Buyers could be found around the support zone of 12 196 where we have a nice confluence with the trendline, or even lower at the support at 12 118. Sellers could show their strengths at 12 376.
Gold gearing up for the next move up above $1310We have see heavy selling pressure on Gold on every top, making it difficult for traders to hold onto longer term contracts. The right shoulder measuring 0.54% as per left shoulder had completed the H&S pattern precisely drawing a top of $1294 (also 50% Fib) , Above which was a target of $1310 and higher.
From what we see is a consolidation until 22nd June, Gold still has support above $1250 and $1275 where long positions should be initiated. We would watch Price action to reach near term $1250 to $1275 handle to observe carefully how price action behaves within the area
