Buy
S&P500 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5460 zone, US500 was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 5460 support and resistance zone.
Trade safe, Joe.
AUDNZD: Strong AUD Data And Potential UpsidesHey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.10150 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10150 support and resistance area.
Trade safe, Joe.
NAS100USD Will Go Higher! Long!
Take a look at our analysis for NAS100USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 19,073.8.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 19,995.7 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURUSD Will Move Higher! Buy!
Here is our detailed technical review for EURUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.100.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.103 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZDUSD Is Bullish! Long!
Take a look at our analysis for NZDUSD.
Time Frame: 30m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.599.
The above observations make me that the market will inevitably achieve 0.601 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY: 146.300 can be a significant supportHey Traders, in the coming week we are monitoring USDJPY for a buying opportunity around 146.300 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 146.300 support and resistance area.
Trade safe, Joe.
DXY Is Very Bullish! Buy!
Please, check our technical outlook for DXY.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 102.626.
Taking into consideration the structure & trend analysis, I believe that the market will reach 102.996 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NZDCAD Will Grow! Long!
Take a look at our analysis for NZDCAD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.824.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.837 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
GBP/AUD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.971 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the GBP/AUD pair.
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TTD The Trade Desk Options Ahead of EarningsIf you haven`t bought the dip on TTD:
Now analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 87usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $4.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BTC Crypto Silence in Musk-Trump X Space Session Disappoints If you haven`t sold the Double Top:
The digital asset market remained subdued after the recent X Space session between Elon Musk and Donald Trump, where crypto went unmentioned.
Elon Musk, a long-time advocate of cryptocurrencies, has recently been joined by Trump, who has surprisingly become a supporter of the asset class.
This shift is notable, not just because Trump is a former U.S. President running for a second term, but also because it marks a complete reversal from his earlier stance.
While in the White House, Trump labeled cryptocurrencies as a "scam," "not real money," and a "disaster waiting to happen."
Now, in a stark contrast, Trump has become the first U.S. Presidential candidate to accept crypto donations and has publicly endorsed Bitcoin mining, even delivering a keynote at the Bitcoin Conference in Nashville last month.
Given this dramatic turnaround, many in the crypto community were expecting Trump to address the topic during his conversation with Musk.
However, to their disappointment, the subject was left untouched.
After a technical rebound, I expect the correction to continue.
I'm still bullish on Bitcoin (BTC) in the long term.
CSCO Cisco Systems Options Ahead of EarningsIf you haven`t bought the dip on CSCO:
Now analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $1.41.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GOEV Canoo Options Ahead of EarningsIf you haven`t sold GOEV before the previous earnings:
Now analyzing the options chain and the chart patterns of GOEV Canoo prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $0.31.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WMT Walmart Options Ahead of EarningsIf you haven`t bought WMT before the previous earnings:
Now analyzing the options chain and the chart patterns of WMT Walmart prior to the earnings report this week,
I would consider purchasing the 67usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $1.46.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BITCOIN: MACD bullish crossover is imminent.BINANCE:BTCUSDT (1D CHART) Technical Analysis Update
- BTC is currently trading at $61,400 and is showing an overall bullish sentiment.
- From a MACD perspective, a bullish crossover appears to be imminent, signaling continued bullish momentum for Bitcoin.
- The MACD crossover is observed on the daily chart following the recent correction due to recession fears. A confirmed crossover could renew optimism for Bitcoin, potentially pushing the price above the $70,000 barrier.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
S&P500 Is Approaching A Significant Support AreaHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5270 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5270 support and resistance area.
Trade safe, Joe.
USDCHF Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.85 zone, USDCHF was trading in a down trend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85 support and resistance area.
Trade safe, Joe.
USDCAD Is Approaching The Daily TrendHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36800 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.36800 support and resistance area.
Trade safe, Joe.
SILVER Will Go Higher! Buy!
Take a look at our analysis for SILVER.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 27.735.
The above observations make me that the market will inevitably achieve 30.577 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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USDCAD Will Move Higher! Long!
Here is our detailed technical review for USDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.372.
Considering the today's price action, probabilities will be high to see a movement to 1.379.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
AVAX - Daily Chart Analysis - A Short Term Opportunity#AVAX/USDT #Analysis
Description
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+ AVAX has formed a nice falling wedge pattern and also the price has hit the major support zone.
+ A clear breakout from the falling wedge is required for a confirmed bullish trend.
+ We will enter the long trend only after the confirmed breakout from the falling wedge.
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VectorAlgo Trade Details
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Entry Price: 23.86
Stop Loss: 16.86
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Target 1: 29.92
Target 2: 35.25
Target 3: 43.69
Target 4: 62.57
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo