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Buyingopportunity

USD CAD - awaiting the "0" Fibonacci retraceHi there, Currently awaiting the Daily Fibonacci structural point to add a further buy position. The sell off from the -0.618 structure is part of the profit taking and completed pattern of the Fibonacci sequence. The reason for awaiting "0" is price can react strongly upon this zone, so therefore patience for changing hands is necessary. Refer to the correlation of the US OIL chart and compare USDCAD for inverse correlation. I cannot currently add charts due to not having a high enough reputation. Many thanks, XYHLX
Long
by XYHLX
ETH USDT: Buy Trade setup @ 3150Hello everyone, hope you are doing well. Welcome to another trade setup as a part of "Aglogains - Daily Trade Series". On the 1H timeframe we also see a three wick rejection, the price tried to break bellow 3090 3 times and failed to sustain the move. My entry is on the 1H timeframe, after I observed a double bottom with a bullish confirmation. Entry - 3150 Stop-loss - 3090 (60 points) Take profit - 3230 (80 points) 1:1.33 RISK TO REWARD Will keep you posted on the progress. Happy trading.
Long
by Nihanth_Aglogains
JBL approaching resistance that dates back more than a decade!JBL, an electronic components company, is approaching resistance that dates back to more than a decade! This is huge! When multi year resistances break you can be sure that the stock is going to shoot to the moon. Looking at the price action on the weekly or even daily, it seems like this may approach or even break above $59.88 in the coming week. Trade idea: * Look for a weekly break and close above $59.88. Getting in before that may be a bit more risky since this may act as a strong selling point.
NYSE:JBLLong
by HaseebKhan_90
Bitcoin Long opportunity? Reversal Ahead?An update on my previous post .. I Realised afterwards that the STB and spring kind of merged on the 30min chart .. Therefore STB became STB+Spring and what i thought was gonna be Spring became TEST so i lost on that trade. But i saw an opportunity for a long position as SOS was forming at the top after i got stopped out. Therefore All i had to do is wait for market to create LPS and grab liquidity from TEST level, to go long on BTC till 37126 value area, where i expect a reversal. DIsclaimer: I do not actively invest in Bitcoin. I mostly trade it to test and sharpen my technical analysis skill. Copy at your own risk
BITSTAMP:BTCUSDLong
by Market_Fiend
BTC/USDT Update what is the best Zone To buy.My Analysis On BTC/USDT . Yesterday BTC was so bullish but it cant break the Resistance and after a fake breakout it is clear making Bearish Symmetrical Triangle which also at the breakout. its a weekend so after watching 2 week of same downtrend am expecting it to be bearish. I have have marked my targets in the Chart and My Realistic target for best buying zone would be 33K to 34k I'll Humbly welcome all the criticism. If you like my Idea Please give HighFive thanks As Always NFA Thanks
by bilalali446
NZDJPY Good opportunity for buyersBased on the chart movement, a good support of buyers is observable and it made a good uptrend on the chart. So at this situation I prefer to come with trend and do a trend surfing. Also price reached a support level and today we can see the reaction of buyers which leads to have a green day by it. Therefore I prefer to be buyer at this area with a good risk reward ratio to me (about 1:3). Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Long
by Brian_Philips
REN Falling wedge Breakout with 80% + Move to the upside Great opportunity to Buy REN Currently we are sitting above the POC *Point of control and have the 30/50/100/200 EMA underneath us . Previously this resistance pulled us back beneath the EMAS in which case we continued to consolidate and now have broken through the resistance . We are ready for take off provided there is no eratic BTC movements and we close above our resistance currently 2 hrs until the daily closes so you can always set a alert or a reminder if required. Targets are displayed up until the 1-1 Extension and i encourage profit taking . Too many get greedy and lose profits simply by not selling on the way up at key resistances . The price labels are there to make it easier for you if need be but of course have your own plan including stop loss and invalidation . Pls Like and Follow for more setups ..The more Likes and follows the more motivated I am to share my money making Setups for Free . ALSO ENSURE TO CHECK OUT MY OTHER SETUPS . Thanks for your Support
RLong
by SJTRADESFUTURES
XRP Don't Be Afraid, Just Another Buying Opportunity imo :)As BTC tanked, bringing the whole market with it i see nothing else but huge buying opportunity. Then again that is at least my thinking right now. It is like going shopping when you see a massive discounts. Never lose sight of a bigger picture (look 4H, 1D, 1W charts), its likely that dumping is already over, if not we could deep a bit into the orange area, but not past it as that would be a bit weird in an alt season when is demand is huge. I am not a financial advisor so nothing here is a financial advise. Be well. BITSTAMP:XRPUSD
BITSTAMP:XRPUSD
by AVA37
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