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Bigmove

in depth of the euro dollarhere we see euro use was trending upwards in the daily for a pretty long time then faced a reversal, the s&p 500 had a correction on monthly time frame and now looking for another bullish impulse so the dollar is pretty bullish and it has impacted eur usd. what I'm expecting from thus pair is a finish to the choppy and a continuation to the downside toon to hit a key level, on 4h and daily we are already seeing rejection of price going up, it has finished chopping and ready for a impulse downward
Short
by luis_salazar_11
GBPAUD LONG SETUPThere is a possibility of a GBPAUD long set up here. There is no technical pattern right now, so there is no trigger to take the trade but we are approaching a very important trend line and the bottom of a support zone Time to put GBPAUD on your watch list for the week to see if a reversal patter forms or we get a big Higher High - Higher Close when we hit the trendline. Thanks for the likes on my previous posts!! Also if you guys enjoy the content you can Follow me so I know you guys are interested!!! Thanks and Much Love<3
Long
by nick203
NASDAQ: $GRNQ | #GreenPro has a BEAUTIFUL TECHNICAL SETUP! But..NASDAQ: $GRNQ | #GreenPro has a BEAUTIFUL TECHNICAL SETUP! But, wait for a pullback as it is up 25% on the day! Usually you will see up to a 70% retracement (to the 0.7 fibonacci region) before moving up higher. It looks like WAVE 1 of elliott wave theory is now complete. Now, the journey to WAVE 2 is typically a pullback as described above. Then WAVE 2 to 3 is a HUGE BOOM! So be patient and find a nice entry point. I highly recommend that you DO NOT BUY THIS today. In fact, you may want to wait as much as a week or two before getting in!
NASDAQ:GRNQLong
by RedHotStocks
THIS IS A GREAT SETUP FOR A BIG MOVE!British American Tobacco (JSE:BTI), is one of the top 5 tobacco companies in the world, owning popular tobacco brands like Palmal, Kent, Lucky Strike Dunhill, Kool, Benson and Hedges, Peter Stuyvesant and Rothmans. With its headquarters in London, BAT has global operations in more than 180 countries. BAT shares are for sale on the London Stock Exchange and have a secondary listing on the Johannesburg Stock Exchange (JSE). BTI has partnerships with more than 90,000 farmers and factories in 42 countries. 9 of the group’s 44 factories are located in Africa and BAT has had a presence in South Africa for more than 100 years. Established in 1976, the factory in Heidelberg is the eighth largest BAT factory in the world, producing more than 27 billion cigarettes a year for local and export markets. The world has become far more health conscious than before and this is evident in the share price movements over the last 2.5 years. E-cigarettes are the key focus of the large tobacco manufacturers but don't seem to be selling quite as well as they would have hoped. I am sure that we can expect innovation from the large manufacturers on the heated tobacco topic but this will definitely not be without it's challenges. It seems the big tobacco companies are strategising around health research that it’s smoke, not nicotine, that causes cancer and associated lung diseases. Part of the strategy will be to develop smaller versions of the Glo Stick with higher levels of nicotine in order to boost sales. Generally speaking, we think that individual smokers will consume fewer cigarettes each and smaller percentages of populations will smoke. While cigarette sales in developed countries continue to decline year-on-year, sustained volume growth is widely predicted in emerging markets, driven by population growth and increasing disposable income. As a result, the overall value of the tobacco market continues to increase. This value is expected to continue growing in the future. The resilience of the industry is underlined by the continued year-on-year net revenue growth, at constant rates of exchange. Let's look at the technicals. Weekly (pink): The steady share price increase on the left of the chart came to quite a sudden stop around June 2016. I am now looking at the corrective structure formation which has unfolded since that point. According to my analysis, we are in wave 3 of the correction. We can see the effort the share price has made to reverse from earlier this year and we may possibly see some upside from this point. It is also a possibility that there will be further decline and wave 3 could lengthen. In the longer term I am expecting price to move back to the top of the weekly structure. Daily (blue): A look at the daily time frame shows a likely structure setup which ties in with the larger perspective as well. This is very likely the start of wave 3 on the daily structure which would also indicate the start of wave 4 on the weekly structure. Both setups have the potential to yield a large move to the upside. H4 (green): As you can see on the chart above, price has just broken out of the H4 correction. This indicates that it is unlikely to have another wave to the downside and that the move to the upside has begun. The chart above illustrates the entry and exit levels that I will be looking at for this trade. Enjoy the freebie! To receive my exact entry and exit levels for all the instruments that I trade, install our mobile app and subscribe to our signal service: www.greenboxmarkets.com Happy Trading! Linton
JSE:BTILong
by Linton_White
2
BTC big move coming depending on MAIN SUPPORT 7.5kBtc is currently testing a very important support level around 7.5k is really important to hold for bulls or it's looking like another wave down to around 4.8k. Watch what btc does the next few days and enter a longer term trade. This support is from all way back in jan 2018 so it's very important. If we break bellow it tells us that a high chance the breakout was not "the real run". If this happens you might have a GOLDEN chance to buy btc at bellow 5k. If support holds and btc goes above 9k it turns very bullish...waiting to see what happens. Watch out for fake outs always put SL in profit! Happy trading :)
BITFINEX:BTCUSD
by Nirland
2
This Is The Flag That Will Decide The Fate Of USDJPY!USDJPY recently broke out of a large structure on the daily and weekly time frame. The current structure formation on the H4 time frame is what I have been waiting for. This is the second wave of this structure which should complete at around the 78% retracement level from the previous high. I then expect to see wave three to the downside where I will then be looking for the start of the big move up! We could see a break after 3 waves complete or 5 waves complete but should this flag break to the upside, there are huge targets! Contact me via direct message for any assistance required Happy trading! Linton
Long
by Linton_White
1
EURJPY With Two Big Targets But Which Way Will It Go?There are two options for EURJPY at the moment. There is a formation on the daily time frame which is at the top of wave 4 and could see a really big move down to complete wave 5. Then there is the possibility that this structure will break to the upside now and that the corrective structure on the daily time frame will either change for a larger move down or will confirm the upside now. Should we see the formation of a flag as depicted with the red arrows and then a break of that flag to the upside, that should indicate a big move up! As things stand now it looks like we may get the break to the upside but we need to wait for confirmation before entering this trade. Contact me via direct message for any assistance required Cheers Linton
by Linton_White