The Fed laid out its forecasting for decreases in Fed funds rate through 2027. I think this brings a certain degree of comfort to the market that there is a roadmap to lower interest rates. The result was a positive movement in the S&P 500 daily chart. The expectation is for follow-through to the upside on Thursday but not a large move.
Based on technical factors there is a Buy position in : ? MOCAUSDT ? Buy Now ?Stop loss 0.07000 ?Target 0.15000 ? R/R 2 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
Expecting another leg lower, but if price unable to move down strongly and break channel, price will continue higher
Key Observations: 1. **Bullish Gartley Pattern on the 2-Day Timeframe** - This is a strong reversal pattern, indicating potential upside. 2. **Head and Shoulders Pattern on the 1H and Daily Timeframes** - The **inverted head and shoulders** suggests a bullish breakout, especially after a long consolidation phase. 3. **Consolidation for Almost 3 Years** - If this consolidation is ending, a breakout could be significant. 4. **Indicators Showing Bullish Divergence** - **MACD turning up** - **RSI divergence (lower price, higher RSI)** ### Potential Upside Target: **178 GBX** - If the reversal plays out, your projection to **178 GBX** is possible. However, keep an eye on key resistance levels like **116.4**, **127.3**, and **151.5**. If price struggles at these levels, short-term retracements might occur before a full breakout. As of June 2024, Alphawave IP Group plc (LON:AWE) reported the following financial figures: - **Debt-to-Equity Ratio**: 49.6%, with total debt of US$217.9 million and total equity of US$439.2 million. citeturn0search0 - **Cash and Cash Equivalents**: US$76.3 million. citeturn0search0 Additionally, the company's total assets were US$873.0 million, and total liabilities amounted to US$433.8 million. citeturn0search0 These figures indicate that Alphawave IP Group has a moderate level of debt relative to its equity and maintains a cash position that contributes to its financial flexibility. ⚠ **Not Financial Advice** – Always manage risk and confirm signals before trading.
https://www.tradingview.com/x/vqKptFY2/ ✅GBP_JPY is making a local Bearish correction and will Soon retest a horizontal Support of 192.716 and as We are bullish biased we Will be expecting a local Bullish rebound from the support LONG? ✅Like and subscribe to never miss a new idea!✅ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bitcoin (Wave Analysis) Daily wave 5 is start Regards,
Gold continued to rise, reaching a high of around 3052, and the trend was basically in line with expectations. Judging from the current trend of gold, the trend is still bullish, and the operation is still mainly low-long; the upper pressure is 3055, 3060, and 3070; the lower support is 3043, 3038, and 3034 respectively. The following operation suggestions are given today. Operation suggestions: Wait for a retracement to around 3043, stop loss at 3035, short-term look at around 3060, target 3070-75.
Based on technical factors there is a Buy position in : ? ONDOUSDT ? Buy Now ?Stop loss 0.7250 ?Target 1.1500 ? R/R 1,7 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
EURUSD is showing multiple signs of a bearish turn with Tuesday being the high of the week and a double top on the hourly at weekly levels , so one can expect bearish prices.
Gold is in crossroad right now. Although bullish structure is obvious, the retrace is very shallow each time it pumps up. It is now in overbought condition. I am expecting it to experience serious drop soon. Therefore, I will execute caution when buying the yellow metal from now on. As of now, 3050 is not broken yet. I will wait for the clear signal of current 4hrly candle. If it is closed above 3045, I am expecting it to rise further. However, if it closed below 3045, it could start its correction cycle.