Banking
GBPUSD H4 - Long Trade SetupGBPUSD H4
Certainly an ambitious projection, but all we are really after is a strong break above all resistance in sight, including that 1.40 psychological number, followed by a simple retest.
This could gear us up for nice extensions back up to 1.42 region, the price we were pushing a couple of weeks ago.
NZDUSD H4 - Long SetupNZDUSD H1
This was covered quite a bit in the technical rundown which will be with you shortly, talking about buy exhaustion and loss of momentum, hence why we would need a lower timeframe structure break and retest which is what we are seeing at the moment.
A good topics of 'entries' was covered in yesterdays webinar with our members, and this one popped up, perfect to see the start of it playing out. We will see how it unfolds.
GBPJPY H4 - Long Trade SetupGBPJPY H4
This setup doesn't seem to far from materializing. Really just looking for a nice confident break and retest of that 150.000 price, a really significant price to break, GBPCHF currently battling new highs, so we will follow these closely and monitor their performance side by side.
GBPJPY H1 - Long Trade SetupGBPJPY H1
We were talking about GBP*** bull or bear bias this week in the members chat after the monster month end flow corrections we saw Thursday last week. Natural corrective measures as compared to trading support/resistance zones meant we couldn't really confirm or form a bias.
However, we are now starting to exceed corrective measures and break and trade above previous trading zones. So starting to steer towards bull bias and bullish continuations.
EURJPY H4 - Long Trade SetupEURJPY H4
Retesting now on EJ, it'll be interesting to see if we bounce like we did on CADJPY, pair comparison remember, trying to pick the best out of the bunch, really nice clean zones here and currently on a selloff wave.
So potential for an impulse buy if we pull down to 300 ish again.
AUDUSD H4 - Long SetupAUDUSD H4
Trying to find setups that are not quite really to execute. Still looking to let things settle after the crazy markets we saw on Thursday and Friday, really looking to see which zones are valid and which aren't
Effectively looking for markets to expire and exhaust before looking for the next possible continuation of reversal waves
GBPJPY H4 - NeutralGBPJPY H4
Still yet to set lower lows on the larger H4 timeframe, really nice corrections seen as mentioned previously on the EA post. On the fence with this pair at the moment, whilst we are nice a bullish still on the H4, the sheer bearish strength on the lower timeframe is interesting.
Really aggressive M5 trends which could continue to perform and really break lows and see further support breaks.
GBPNZD H4 - Long SetupGBPNZD H4
We covered this pair on the watchlist webinar yesterday evening with our coaching programme members. Nice support zone identified, marginally lower lows set, but remembers market open causes some interesting price moves which we need to take with a pinch of salt, so to speak.
GBPJPY H4 - Long Trade SetupGBPJPY H4
Quite a way from realising a support test, but nonetheless, something we definitely want to follow going forward, this pair, alongside GBPCHF has held really nicely and trading fluently between zones and setting new highs etc along the way.
Waiting patiently for that 145.000 whole number support to see a test, nice intersection price here, strong confluence zone.
NZDCAD H4 - Long Trade SetupNZDCAD H4
Our 0.91450 region held as support, even factoring in the big downside market gaps. Soon recovered just like we did on the 31st January market open too.
Same trading zones to be followed this week with this trading pair. Clear support/resistance trading range from 0.91450 to 0.92250.
Bitcoin (BTC/USD) Weekly Daily Chart Analysis For Jan 19, 2021Technical Analysis and Outlook
With the completed Inner Coin Rally of $49,955 on Jan. 8th, and with the TARC conformation (Proprietary symbol not shown), Bitcoin is heading lower to its first destination Outer Coin Dip $27,460 . The significant Mean Sup $26,810 offers an immediate buying opportunity, while the next Ultimate Buy zone lies at $22,720 . The leading destination to the upside is marked at Mean Res $36,470 - See 'Weekly Market Review & Analysis For January 19, 2020, page to continue the rest story.
Signature is doing crypto banking
Signature bank is in the crypto banking business
there earnings will push up the price
The All time high was $162.86
We are 5% from that high water mark.
Once we pass this mark
it will run up like crazy
the 50 day moving average is way below the 100 and 200 day while the RSI is knocking on the ceiling
I am not buying any more - not financial advice.
WIRECARD AG 2020 was a hard time for everyone because of Corona , but one of the biggest shock of stock market was Wirecard scandal.
I believe even after all this chaos around Wirecard, it would rise again in future. Of course the time could not be predicted.
Wirecard was a BlueChip stock, they have billions of Euro worth business running still now.
The share fell down because of scandal and closing operations in different countries, but in longer term if there comes the long waited news of selling Wirecard to a new company could push the price upwards. As, it could bring relief and trust among investors once again.
*** Do your own research. This is only my own analysis, not an investment advice.
DXY H4 - SetupDXY H4
We have dipped just below the marked S/R zone for the neckline/support retest, however 90.200 is the previous higher low support, so as long as this holds, I feel we should be okay to recover (USD strength).
This would then tie in nicely with what we have marked on GBPUSD shorts.
EUR/USD Weekly Daily Chart Analysis For January 11, 2021Technical Analysis and Outlook
The Euro retracement price action is in a corrective mode and well placed following completion of the Inner Currency Rally $1.2349 , and marginally Outer Currency Rally $1.2370 . Formation of Mean Res $1.2210 and Key Res $1.1173 are confirmed by Trade Selector System proprietary 'TARC' symbol - Trade accordingly/appropriate to your risk strategy. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For January 11, 2021" at the usual site.
EURGBP H1 - Long Trade SetupEURGBP H1 - Start of a potential reversal, double bottom on our big D1 support raised my eyebrows. Looking to break above 0.89400 and then retest 0.89100.
This would be a perfect start to a 2 stage reversal, but this is required before any further consideration. D1 support zone, failed lower low, break above key level and previous high, retest support. Bullish positioning....
CIMB (Learning Notes #4)Hello Traders around the World and Malaysia,
I am currently learning Technical Analysis , and this analysis is what I call ("Learning Notes").
Any sort of constructive comments on my analysis are very much welcome and will be greatly appreciated.
Let us learn together, and grow together to be a better trader!
Sincerely,
Kenneth Lee
This is not a buy/sell recommendation. Trade at your own risk.