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AUDUSD Forecast Buying OpportunityHey traders, we are monitoring AUDUSD for a buying opportunity around 0.717 zone, once we will receive any bullish confirmation the trade will be executed. I see a long-term movement of the pair. First the trend line has been retested for the several times and the AUD index shows a long-term upward price movement. Wait for the break out of the trend line , retest and you are free to take a trade.
Disclaimer
Trade safe, by Kachala
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AAL Short-term price movement LONGWe could see AAL moving back back to the previous POC as indicated in the chart before moving to the upside there is a a lot of positive news surrounding the stock and then downside movement is somewhat of a divergence.
There is also news of large whales making large bullish options plays on the stock.
Expecting price to move back to the $19 price range before possibly going higher.
Will add likely update more information at a later date
Wallstreet next moveAs you can currently see, Wall Street has been in an uptrend for some time now. He has been very receptive to the trend and also the trendline lately. As you can see, the 200ema has also been retested.
The following will happen. as you can see there is a bearic divergence. The target will be the trendline/fibonacci point 0.618. This is a very logical point to reach. From this point we can start looking again for possible buys. Keep in mind that another retest of the 200ema can take place.
GBPUSD LongHey Traders, in the coming week we are monitoring GBPUSD for a buying opportunity around 1.33 zone respecting the support line of the descending channel in combination with weekly demand zone. once we will receive any bullish confirmation the trade will be executed.
Remember to use proper risk management, because in swing trading the movements are more violent comparing to short term trading.
Trade Safe, Joe.
$KNX: Another leg higher for this trucker post infrastructure?KNX is setting up here with a really nice long term base, cracked the 50 level last week. Was that the level it needed to make another move higher? Time will tell. Following IYT as well and the possibility of it bottoming, if it does, we should see significantly higher prices here
NLOKwe have scenario one, where the price hold and goes up, following the new little green channel.
in order to happen, this cybersecurity company has to receive something from the US government. which may happen, as cybersecurity is trending right now.
or
we have scenario two, where the price goes up a bit more, and eventually drops down, and after (if) losing the MA200 (IN THE MONTHLY CHART... HUGE), goes down maybe till 5 bucks.
if this has to happen, they should lose some funds or contracts from the government, which will have to go to one of their competitors.
PLS: use STOP LOSS. can save you a LOOOT of pain and from being stuck in something you don't like for a long time.
+ trade with what you can afford to lose.