New setups
E-MINI ENERGY SECTOR FUTURES-(XAE1!/CME)-Long Idea
The above weekly chart formed an approximately 20-month-long ascending triangle chart pattern as a bullish continuation after an uptrend.
Within this pattern, the horizontal boundary at 980 levels acts as a support.
A daily close above 990 levels would validate the breakout from the 20-month-long ascending triangle chart pattern.
Based on this chart pattern, the potential price target is 1400 levels.
E-MINI MATERIALS SECTOR FUTURES-(XAB1!/CME)-Long Idea
The above weekly chart formed an approximately 11-month-long rectangle chart pattern as a bullish continuation after an uptrend.
Within this pattern, the horizontal boundary at 913.6 levels acts as a support.
A daily close above 941 levels would validate the breakout from the 11-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 1052 levels.
BNBUSDT - Long Idea
The above daily chart formed an approximately 6-month-long H&S bottom chart pattern as a bullish reversal after a downtrend.
Within this pattern, the horizontal boundary at 258 levels acts as a support.
A daily close above 266 levels would validate the breakout from the 6-month-long H&S bottom chart pattern.
Based on this chart pattern, the potential price target is 327 levels.
XLMUSDT - Long Idea
The above daily chart formed an approximately 4-month-long H&S bottom chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 0.135 levels acts as a resistance within this pattern.
A daily close above 0.139 levels would validate the breakout from the 4-month-long H&S bottom chart pattern.
Based on this chart pattern, the potential price target is 0.134 levels.
Follow-ups
KC1! - Long Idea
You can click the KC1! ticker above to access the first report explaining the RATIONALE behind the trade idea.
The rectangle price target is reached.
GBPAUD - Long/Short Idea
You can click the GBPAUD ticker above to access the first report explaining the RATIONALE behind the trade idea.
EURAUD - Short Idea
You can click the EURAUD ticker above to access the first report explaining the RATIONALE behind the trade idea.
LINKUSDT - Long Idea
You can click the LINKUSDT ticker above to access the first report explaining the RATIONALE behind the trade idea.
The rectangle price target is reached.
Any thoughts on the HnS forming on the USDMXN?
Thanks