NZDUSD traded higher in a 5-wave structure, breaking the previous swing high at 0.5920. A 3-wave corrective structure will give us the additional confirmation for more upside potential. A long trade is favorable with a buy limit order with the 0.5860 - 0.5840 level against the 0.5790 invalidation level.
Based on the weekly C&H the next target seems to be 120, but I'm sure everyone sees that :)
Time to break, I think we will see some further pullback but easy long in the mid-term
Folks, this is the same chart posted on 28/11 - some may not see it enough. Or may not understand what is in it that I am trying to explain. I hope you can now. Thank you for your support and encouragement. I think it works. Good luck to you.
** short term forecast, days and weeks ahead ** On the above 10 day chart price action has crashed 95% since support failed. Today sellers are trying to push that correction to 100%, are they right? Unlikely. 1) Price action (not visible on LOG) and RSI resistance breakouts. 2) Support on past resistance confirms. 3) Trend reversal. Higher lows print. 4) Bull flag confirmation forecasting a 100% move to mid 30’s. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk: you decide Timeframe for long: Yesterday Return: 100% Stop loss: Will say elsewhere
HBAR moved a lot, looking for entry after pullback. Think we will see a lot of pullback the next 1-2 Weeks
Key Stats Current Price: $154.87 52-Week Range: $113.77 - $159.16 P/E Ratio: 24.38 (moderate valuation for retail) Market Cap: $51.38B Revenue Growth: +5.8% forecasted YoY for FY 2025 Next Earnings Date: March 4 2025 Top 3 Technical Reasons ROST Will Increase: Breakout Setup: The stock recently hit a resistance level at $155, forming a bullish continuation pattern. With strong volume, it could rally toward $190 over the next year. Golden Cross Signal: The 50-day MA recently crossed above the 200-day MA, a classic bullish indicator. RSI Momentum: Currently hovering, indicating bullish momentum without being overbought. Top 3 Fundamental Reasons ROST Will Increase: Steady Revenue Growth: Analysts forecast 5.8% revenue growth for FY 2025, driven by store expansion and strong discount retail performance in economic slowdowns. EPS Projections: EPS is expected to grow by 8.2% next year, reflecting strong operational efficiency. Defensive Industry Positioning: As a leading off-price retailer, Ross Stores thrives in economic uncertainty, attracting value-conscious consumers Potential Paths to Profit: Lowest Risk: Purchase shares directly and hold until the target price of $190 is reached. Buy LEAPS Jan 2026 $160 calls (current premium ~$15) for long-term upside. Bull Call Spread: Buy the $160 call and sell the $190 call for a cost-efficient play. Covered Calls: Own the stock and sell $190 calls expiring in mid-2025 for income while waiting for appreciation. Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Looking at BTC, creating a pullback plan for the next days...
#Motherson (SPOT) Long trade setup Entry: Above 168 Stoploss: 159 Targets: 180 / 190 / 200 / 210
On this Pair, we are anticipating for a BUY REVERSAL, as the JPY has shown us an indication for a WEAKNESS, also on the NZDJPY, price is around a strong DEMAND+ we have a STRONG NEW ZEALAND DOLLAR, we also have a confluence on the LTF as a back-up to the entry trade + a liquid sweep,so if this matches with your Trade Idea, you can join us. Thank You, Update will be given in the UPDATE session.