ROSSARI BIOTECH, BULLISH!!almost 2 and a half year, the stock has given about 22% returns. this is a very bad performed. nifty small&mid cap indice is going to get bullish very soon. and rossari would be a part of it. its trading near to its IPO LISTING PRICE. this stock has a good fundamentals, and sales. so it got a lot of potential to go upside. i have drawn several levels, to take positions in this stock, and a breach to the blue resistance, means the stock will all over carry till 1120, and 1300.
have a look at MACD, now it has started to rise upards, soon we could see green candles coming in. good time to make positions in this stock.
there could be a U- SHAPED recovery. and final point, RSI indicator is also at a buying zone.
path has drawn, based on U- SHAPED recovery.
Breach
BTC dipping before a potential breach of ~45,000 levelsThe 4h chart of Bitcoin is in uptrend and to breach the uptrend, a major collapse needs to happen at this point.
Rather than a collapse, the chart indicates the dip we are experiencing now as a potential necessity before breaching the ~45,000 price mark.
Nonetheless, RSI shows both on the 1h and 4h chart, Bitcoin is entering oversold areas. This could be a a planned move by the bulls after being rejected several times at ~45,000, exhaust the bears in a calculated dip to go long and enter ~48,000 within the upcoming third week of February.
Traders should be cautious with their trades, we are still considered to be in no mans land.
The winners are those who entered long trades at ~30,000 price marks
BTC Ready for another Test BTC Major Support Test
Bitcoin is again testing the major support area of 28-30k, after previously bouncing up from this area 3 times.
Can bitcoin manage to bounce of this area again of is this the start of a bigger bearrun.
If bitcoin manages to stay in the bearish pattern the upper trend line will be tested next, this trend line must be broken in order to outbreak the bearish pattern. Until this happens we are still in the bear market.
-SR7-Tradings
Trading for fun, let me know what you think
IS THE AUSTRALIAN DOLLAR DEAD???The breach of the weekly resistance at the 1.6320 price region came as a surprise to some because three previous strong rejections of the region since the year 2018 had validated it as a strong resistance level.
The Daily time frame had turned into an uptrend before the AUD interest rate decisions came out on Tuesday Morning (EAT). This gave us the uptrend bias, creating a possibility of the breach of the weekly resistance, therefore not really coming as a surprise.
Currently the weekly candle is above its resistance but the candle has not closed yet. The close of the weekly candle will give more understanding on where EUR/AUD is heading to next.
Looking forward to the coming week for possible trade set ups that we will be posting on our trading view idea page. Get notified when that happens, by following us and engaging with us by commenting and liking.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Capital One data breach means nothing - BullFundamental Analysis
It appears Capital One isn’t the only company affected by this--it’s just the first company to publicly acknowledge it has been hacked and the most proactive in addressing the security situation. Meaning... as soon as other companies report the same, they will get the bad attention.
Because of the breach they will lose $150M-300M, which is nothing for this size of a bank.
The real impact might be more of sentiment towards the stock though.
Equifax very recently had a much more significant breach, and the stock just brushed it off.
Technical Analysis
Watch the SMA(50) as support.
OBV and RSI=52, did not reach dangerous levels on this drop.
MACD did cross below the signal, but it is on its way up.
CTXS: Don't Use Weak PasswordsWell, news broke Friday that CTXS got hacked due to the use of weak passwords, and they had to get told by the FBI that it's been going on for months and they didn't even know. Expect a number of days of strong downward action in this bearish breakout market environment. From the chart, some traders have already started pricing the news in, and I'm going to open a short position on Monday before I miss the train leaving the station. All technical indicators are showing that the market has begun to respond to the news, and it's only a matter of time before your cab driver starts talking about it.
GBPUSD test bat patternIt's not a trade idea , it just test to bat pattern can happen in long time
it just to make us remember if GBPUSD start rising , where we can go next year
we will have sell signal and buy signal on smaller charts but lets see if we can see this pattern confirm after year from now .
HapPy New Year ..
plz support by likes and comments , share your thoughts .
XAUUSD (GOLD) POTENTIAL LONG OPPORTUNITY GOLD POTENTIAL LONG
After this recent week of market activity the commodity market had displayed a strong buyer interest move on Gold. After looking at the daily timeframe chart you can see that price had been holding around the lows since early August of this year. After some time this last week the market had shown strong buyer interest based on the strength of the buyer breach above the significant levels around 1206. After seeing this strong move made by the buyers it had caught my interest and had allowed me to build a possible trading scenario based on that. ALSO A TIP TO INCREASE BIG PROFITS, when looking for significant structure a HUGE tell sign if its a significant level is the strength of the BREAKOUT. ALSO; how do we know if it's a breakout ? THE STRENGTH OF THE BREAK. I usually don't give such profitable tips for free but these two concepts will really allow you to increase profits and your trading probabilities. So, lets dive into it !
1D Chart:
* on this time frame the buyers displayed a strong break above the multi-month structure level around 1206
*the momentum showed me first off they're interest in this pair, because they created a significant break, as well as its more probable for the next move to be to the upside then to the downside
*watch for a weak pullback on the daily time frame and a hold of a price to confirm the breakout and buyer control
4H Chart:
*on this time frame look for a weak pullback into the multi-month structure level
*look for strong buyer interest again around 1206 to confirm the buyer interest in this pair
1H Chart:
*use this time frame for a good risk/reward ratio
*watch for strong buyer interest also on this pair around 1206
POST ANALYSIS EURJPY SHORTEURJPY SHORT:
1D chart:
*Sellers trend with breach of structure
*New low formed (characteristic of seller trend)
4H Chart:
*Sellers breach the low making a new low
*Re-test into recent significant structure at 129.300-129.400
*Strong V-formation on 4H chart by the seller (showing their interest)
1H chart:
*Final re-test was weaker than the 100% v-formation on 4H
*Lower Low Lower Close candle with strength
*Good risk to reward
Entry: 129.300/129.400
Take Profit: 127 handle
Risk Rule: *1/4 risk reward ratio setup
*Never risk more than 2% of trading capital per trade
Take profit was hit trade was a success.
Make sure to always do your analysis on setups and have a formulated trading plan on every single trade. Good habits lead to good trades.
3 valid strong points to take tradeBreaking the strong area of 1.1250, this gives us confidence as we know who's in control of the market. (Buyers).
1. Price action staying in the daily trendline gives us validation because Price is obviously capitulating to the resistance of the trendline.
2. 1.12504 Temporary resistance breached wait for minor retracement back to major support level/zone
3. there is no massive resistance above current price until price moves around the 1.1300-1.1350s so the risk/reward ratio is 1:4, which should give a higher probability of the trade working out.
USDJPY Weekly Outlook | Seller Territory? |As we can see here on USD/JPY There's not really obvious trendlines so i'm playing pure price action here so the market already turn into seller's territory the price is keeping "breaching" so the next level is at yellow-ish horizontal line but that not scratch the possibility that the price can turn into buy territoty so watch out and happy trading (and one thing our price bounce off from 50% fibb retrace and probably gonna challenge 68,2% level and eventually a reversal)). i'll keep you updated if there any channel or range in play so like and follow and you won't miss a thing.
DailyFx Forecast
Trend is down
Volatility 25%
The news
USD is netral
JPY is Bearish
AUD/USD Movement PossibilitiesAs we can see on AUD/USD Chart the price is about to hit 61,8% fib level and just below that there a possibility price breach but for now the trend is down , just wait for price breaching or break above other than that Stay safe and happy trading
DailyFx Forecast:
Trend Up
Volitility 2%
Outlook Bearish
News both Neutral
Follow for more