This is my current Elliott Wave count for the DXY Dollar index. I have a couple of variations which I will share but this one sees a decline starting with a leading diagonal in red wave 1 which is close to completion. May see a pull back in red 2 before a strong move lower in 3. The alternative is a nesting 1,2,1,2. If that's the case then a strong decline could continue from here.
Why UOI’s Haw Par Holdings Matter A brewing shareholder battle at United Overseas Insurance (UOI) has the potential to shift the focus to Haw Par Corporation, a company deeply intertwined with the UOB Group. Minority investors, led by former remisier Ong Chin Woo, are pushing for UOI to distribute its 4.3 million Haw Par shares to shareholders, arguing that the move would unlock significant value.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 6.13/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: C A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
I have liked this chart for "too" long. Long term basing out, almost gave up the bag near that $18 area, but doubled up on a few leaps and some shares. Seems to be breaking out of the downtrend, and now retesting the trend line... Would rather go with price levels here vs over shooting a trend line... $18 - $20 this week? I'm only accumulating shares, and swing trading option positions several months out for safety. I'm not sure on day trading the stock on short term options.
Was on my long watchlist and looked like a good intraday short , not interested in longs below GLB. Just scanning my watchlist looking for intraday lately to try to see some green pnl. Kind of ran out of time on the first trade shown on chart but still showed a small gain ...
After analyzing TON (the cryptocurrency behind Telegram), I believe its value will increase due to several key factors: Strong Technology – TON’s blockchain is fast, secure, and scalable, making it ideal for mass adoption and decentralized apps (dApps), which will drive demand. Growing Adoption – More businesses and projects are integrating TON, increasing its real-world use and demand. Active Community – The strong community around TON supports its growth, with more developers and users engaging with the ecosystem. Limited Supply, Rising Demand – With a capped supply, increased demand will push TON’s price upward. Telegram Backing – Telegram’s global reach gives TON exposure to millions, boosting its chances of widespread use and higher value. Conclusion: TON is positioned for strong growth with its solid tech, increasing adoption, and strategic backing from Telegram. I believe its value will rise in the near future. Mvh Mert Arslan
GBPCHF seems to be completing a flat correction pattern after bullish impulsive move. A break out from rectangular corrective range may result in fresh impulsive wave. Long positions can be considered with in the corrective range by aggressive buyers.
I missed today’s buy opportunity I couldn’t see what was happening. I think the maybe another chance to get in before it pushes up to the 193 resistance level. Atleast I hope so. Let me know what you think see.
It is predicted that platinum will perform stronger than silver. And here, PLG looks like a mammoth to outperform CDE. Therefore PLG would be my choice of the two. Timing wise, the GFC may provide the best entry, which I expect to occur after an initial rally. Not financial advice.
The bullish play that I was looking for ended up playing out. Now I'm looking for it to continue but sitting on hands till it gives up a solid entry point. Waiting for the killzone is key.