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Bullishsetup

PEPE Looks Clearly BullishPEPE Looks Clearly Bullish After A Completed A-B-C Correction Back In June. After a completed A-B-C correction in mid June, we saw nice and clean five-wave bullish cycle into wave A/1 till the beginning of July. Since the beginning of July, we can now see it now finishing a three-wave (A)-(B)-(C) correction in B/2 that can find the support here around 0.*012 – 0.*010 support area before a continuation higher within higher degree wave C or maybe even wave 3 of a five-wave bullish impulse.
CRYPTO:PEPEUSDLong
by ew-forecast
Capturing the Rise: Seizing Opportunities in the USDJPY BreakoutUSDJPY has recently experienced a significant breakout, reaching levels not witnessed since 1990. Subsequently, it retraced to the 138.75 region, where it found support at both weekly and monthly bullish levels, indicating underlying strength in the market. Presently, the currency pair is showing signs of a renewed bullish trend on the daily timeframe. Trade Entry Strategy: Consider initiating a long position (Buy) at the prevailing market price. Risk Management: Place a stop-loss order below the most recent low, set at 137.111. This level will help limit potential losses in case the market moves against the trade. Profit Target: Set the take-profit order just below the latest high on the weekly chart, at approximately 149.89. This level offers the potential for a profitable exit, capturing gains as the currency pair aims to continue its upward trajectory. It is essential to acknowledge that trading involves inherent risks, and past performance does not guarantee future results. Therefore, prudent risk management and diligence in monitoring the trade are recommended to maximize the potential for success. As always, consider your risk tolerance, financial circumstances, and investment objectives before executing any trade.
Long
by formaaaa
1
Bullish HSI Can Be Supportive For The KiwiNice bounce on HSI, looks like a bottom in 2022 because of an impulse up, now right shoulder at support. China is doing everything to support its economy, but with high rates in other major countries, they just cannot pick up that easily. However, when economy in China will really start picking up that’s when commodity currencies like AUD and NZD can benefit. Also, recently China announced that they are in trade talks with New Zealand, so maybe NZD has also nice upside potential especially vs USD, now when FED can be close to end the hiking policy. Looking at NZDUSD chart, we can see slow price action and corrective wave structure after an impulse from the lows, which indicates for more gains in upcoming weeks/months.
HKEX:HSI1!Long
by ew-forecast
SOLANA - Key area with 34 upside targetBINANCE:SOLUSDT is in an interesting area where it could go either way. Upside target on the bigger pattern that has been running all year is around 34 (Fibonacci number). There is a CIT window on Friday 21st April so if we get a retracement back to 22-23 area that will set up the move higher. There is also the possibility of a deeper correction back down to 15 but above 27 and this scenario is off the table. This week will be the key. Enjoy the week. Watching for set ups.
Long
by L_F
5
VEDL-HOURLY/DAILY-AT SUPPORT LEVELSNSE:VEDL Stock is consolidating between 275-285 from past a month. From past few days (Last week of June) The stock is getting seller pressure however it is not able to close below 275. It’s a sign of strength that buyers are defending this level. Today Stock has shown a bullish hammer around the support level. It’s good time to go long with Small SL. SL 273-274 , Target would be as per the risk reward. This is only for educational purpose, please manage your risk accordingly.
NSE:VEDLLong
by Rushikesh_09