Oil Downside Risk on Easing Geopolitical FearsThe Middle East hostilities have so far not created any substantial impact on oil traffic and USOil (WTI) faces pressure, as fears of a broader Israel-Iran conflict subside. Israel has reportedly retaliated for Tehran’s recent missile and drone strikes, but both sides appear to downplay the matter, diminishing the risk for further escalation. Looking at the broader fundamentals, demand is likely to decelerate this year, while non-OPEC production is expected to cover the OPEC+ supply curbs.
USOi
Ichimoku Cloud
Kiwi Upbeat after the RBNZ Hold but US CPI LoomsNZD/USD reacted positively as the RBNZ kept rates again at 5.5%, appeared a little more worried about inflation than the last time and said it is necessary to maintain a restrictive stance to reduce price pressures. The move above the EMA200 gives it the opportunity to take out the 38.2% Fibonacci, but does not yet inspire confidence for further gains that would challenge 0.6217.
RBNZ appears further form a pivot than its US counterpart, but the Fed has turned cautious around lowering rates and
BTC is not convincing me yet - here's why I think it'll dumpLast week, I shared with you on yt my belief that Bitcoin was poised for a retreat to approximately 56,000. I maintain that opinion today. I also think that a rejection from the extended TP4 could still occur, potentially catalyzing a retracement back to the 3-day Tenkan Sen line.
Watch the video, boost it, follow me for more videos every Wednesday! 🙏
ONEUSDT.PIn the 1-hour time frame, the 1-hour order block (OB) hasn't been confirmed yet. Its confirmation depends on the 1-hour break of structure (BOS), which hasn't validly broken the recent low. If a short position is taken with a target set at the 4-hour order block, there might be fluctuations before bouncing from that zone.
On the flip side of this analysis, the 1-hour order block is not confirmed as a take-profit point for a long position.
GROKUSDT.PDivide the amount of capital you want to allocate to this currency into three equal parts and place orders at the specified levels with a leverage of 2
GShort
IShort
ETH at Support... but has Ichimoku ProblemINDEX:ETHUSD has sold off from the recent high down to a critical support at 2406. This support is the 50% Retracement of the Year to Date bullish thrust and also matches with the Ichimoku Kijun Sen. The Support level is also held up by the prior highs of the December 2023 consolidation range.
When analyzing this chart to make an opinion if the Support may hold I found elements of Ichimoku yielded a highly probable answer. So while this post is an analysis I would like to educate readers o
SPMD should rebound and target 0.655 after beating resistance1-hour chart, the stock (Speed Medical, Egypt) is trading in a falling expanding wedge pattern, and is getting into technical indicator RSI buy area.
The Ichimoku chart signals a change to up-movement.
So, the higher probability is a rebound to the resistance line. After crossing up, the target will be 0.655
BTC: Short term bearish according to ICHIMOKUBTC: Short term bearish according to ICHIMOKU
tenjan and kijun are potential targets
to monitor
THE SEC should give its response today or tomorrow
-if it is positive the market has a high probability of rising strongly.
-If it is negative the market will go to 35 200, then 33 200 and perhaps 26 000
ETHUSD Target 2642 Support 2090. Ichimoku, FIB - LongETHUSD Target - 2642 Fibonacci Is telling us and support is a combination of Sikou Span B and Fibonacci.
Please review and please comment. I am going long as the weekly ichimoku is also all clear. All the lines are clear without any hurdles. Also lets respect our support!
SPY Republishing my targets for my knowledge and learningBeen experimenting with various indicators and I try to keep it simple. The hardest part for me is to find a target using Ichimoku. I try to use and relearn Fib and pitchfork
My Target is 475.33 and my support is the Kijun support and you can see it clearly here which is 466.68!
LFG
Now to the hardest part. I think I have learnt enough but I realize that it is a continuous learning and it is never enough. If I were to have knocked the patterns outta window and if I were a guru it should
Wallgreens Long for 2024This morning I received a volatility alert on $NASDAQ:WBA. The stock had earnings today and the resulting price action was bearish down to a significant potential support level.
The Trade
The Weekly the Ichimoku 9-period (red line) shows that short term 50% level as it goes flat providing a Weekly entry point. The risk is that price makes another major low. In my trading toolbox I call this setup a "TS Recap." I discuss these during my Weekly Livestreams here on Tradingview. I was able t
WLong
Validating $RIVN Ichimoku and Fibonacci - Trend AffirmedI want to validate RIVN on Ichimoku and Fibonacci.
The trend seems to be intact and not broken as it h as a big support at 20 as shown below. If it breaches the 26.8 resistance which is the Fib Resistance, it has to just fly from there.
Will watch closely and please provide the feedback























