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AUDCHF It will bounce from support Jun 8 Welcome back! Here's an analysis of this pair! **AUDCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
6
$WCC ready to go higher?Notes: * Great earnings in the recent quarters * Strong up trend in the long run * Price has been increasing along with volume * Breaking out of a ~7 month base with higher than average volume * Also breaking out with a pocket pivot Technicals: Ticker: $WCC Sector: Industrials - Industrial Distribution Relative Strength vs. Sector: 86.62 Relative Strength vs. SP500: 54.48 U/D Ratio: 1.05 Base Depth: 31.68% Distance from breakout buy point: 2.1% Volume 64.84% above its 15 day avg. Trade Idea: * You can enter now as the price just broke out of the base and is still close * If you're looking for a better entry you can look for one around the $139.2 area as that should serve as short term support * Manage risk accordingly
NYSE:WCCLong
by HaseebKhan_90
$ASH ready to move higher?Notes: * Great earnings track record * Very strong up trend * Pays out dividends * Breaking out of a ~7 month base with higher than average volume along with printing a pocket pivot Technicals: * Sector: Basic Materials - Chemicals * Relative Strength vs. Sector: 4.49 * Relative Strength vs. SP500: 6.32 * U/D Ratio: 1.38 * Base Depth: 29.41% * Distance from breakout buy point: 0.42% * Volume 205.16% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out with high volume * If you're looking for a better entry you can look for one around the $108.63 area * Manage risk accordingly
NYSE:ASHLong
by HaseebKhan_90
$FBRT ready to move higher?* Coming up on the right side of its base * Picking up on volume as it ascends in price * Broke out of its inverse H&S pattern earlier and now is in a tight consolidation * Three consecutive pocket pivots * Forming a bull flag Technicals: Ticker: $FBRT Sector: Real Estate - REIT - Mortgage Relative Strength vs. Sector: 6.65 Relative Strength vs. SP500: 5.77 U/D Ratio: 1.91 Base Depth: 34.91% Distance from breakout buy point: -4.67% Volume 21.91% above its 15 day avg. Trade idea: * You can enter now as the price is still consolidating. * Reason for entry is that the stock has been printing pocket pivots for the past three sessions in a row. * This shows signs of accumulation which can also be seen in the high U/D ratio value. * Manage risk accordingly
NYSE:FBRTLong
by HaseebKhan_90
Chilliz ascending triangleHello traders!! Here we have a 4h chart of CHZ with the price situating in a decisive zone, this is a strong resistance, breaking it will mean that chz will blast and go to higher but if it fails to break out this level it will be a bearish sign and the price will tend to reach lower levels. At the moment in my opinion a break to the upside is more likely due to the ascending triangle printed in chart witch is a bullish pattern that and signals a book long. I don't really expect it to go till 0.24$ now due to the btc dominance breakout but it is a possibility for it to be reached in longer term the objective is 0.167$. I will enter a long position at 0.134$ with stop loss at 0.127$ and take profits at 0.154$ 0.167$ 0.193$ and 0.24$. I will be glad to see what do you think in the comments and if you agree with me push the like button, it helps a lot. Regards and happy trading.
Long
by piccard54
Acummulation bullish triangle on ADA with decreasing volume. Hello traders!!! If you look at the 4h chart on ADAUSDT you can see an accumulation triangle that i will interpret as a bullish sign. Taking in to account the strong upward movement that Cardano started last week it seems that the triangle is indicating an uptrend continuation. If you look at the volume, it is decreasing, witch means the market is refusing to trade lower prices. Bitcoin looks stable however, if it goes lower than 29000$ this plan is invalidated. I will enter a long position on ADA at 0.550$ with stop loss at 0.5255$ and targets 0.686$ and 0.737$. I will be glad to see what do you think in the comments and if you agree with me push the like button, it helps a lot. Regards and happy trading.
Long
by piccard54
GoldViewFX - UPDATED LEVELS & TARGETS$Hey Everyone, What a FANTASTIC day for our followers and members!!! We called it once again and we called it in sequence. We got the retracement like we analysed and then we rode the movement up, hitting all TARGETS and also our BUY signal TP. We have NFP tomorrow so expecting volatility, however our stance on buying dips still remain and we will continue to seek out sniper positions from support levels and trade between our intraday levels. We have also updated the 1H chart with the new Goldturns for the range. We may see some retracement close to the 1860 zone and if so, we would like to see this level be supported to solidify the structure. We have TARGETS to 1869, 1873 and 1878. We will be using EMA5 cross and lock for confirmation of the movement or candle body close and our intraday levels for the sweet entries and exits. We have also moved up our swing range to 1845, to manage risk accordingly. As always we will keep you all updated with any changes to our plans and regular updates throughout the day. Please don't forget to like, comment and follow to support us, it helps us to bring more quality content to you all. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
16
$DRV PTs 56-100 and higher 3X Bear Real Estate ETFThe fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets (plus borrowing for investment purposes). The index is provided by S&P Dow Jones Indices (the “index provider”) and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified.
AMEX:DRVLong
by BADQOMOCAWGOWLD
1
GoldViewFX - DAILY CHART UPDATED LEVELS & TARGETS$Hey Everyone, We have been following this daily chart for a while now to give an overall picture of the direction. Price found support at the 1804 zone, as identified and then went onto HITTING 1858 target. We are now looking for a cross and lock above 1858 to confirm further push up to the next Goldturns. We can also see EMA5 is on the verge of crossing MA21 hopefully with another daily candle, which will confirm the lock. This will provide the momentum needed for another push up. Failure to cross and lock will see price rejected back to low 1800's. As always we will keep this chart updated to keep in mind the overall picture and structure. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
16
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS$Hey Everyone, We have been following this chart from last week, which has been playing out perfectly! Hitting level to level in sequence, finishing off Friday with our final TARGET hit. We had the 1862 target HIT and now rejected here and potentially opening retracement to 1842 zone. However we are expecting 1862 to be hit again, as our next TARGET and we also have a gap open to 1879. 1879 is still quite far off and therefore targeting buys from dips and banking 30 to 40 pips at a time is the safer strategy for this market, when chasing a trend in volatile conditions. BULLISH TARGETS 1862, 1879 RETRACEMENT TARGET 1842 SWING RANGE TO MANAGE RISK 1835 As always we will keep you all updated with any changes to our setups, please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHO
OANDA:XAUUSD
by Goldviewfx
12
All 12 Tickers Continued BullishI mentioned in my "Silent Walkthrough" Video(May 26th) that I had 25 tickers that I saw had potential upside strength. I shared 12 of those tickers, but all 25 tickers continued bullish today. Some of the tickers continued bullish while others already hit their 1st targets. NIO: Continued Bullish AXP: Continued Breakout BR: Hit top of bear channel PNC: Hit top of bear channel V: Symmetrical Triangle Breakout UNH: Reversed & continued bullish COST: Opened lower but closed higher KR: Hit 1st target LOW: At Breakout point NKE: Continued bullish TGT: Continued bullish AAPL: Hit 1st target
NASDAQ:AAPLLong
by DayTraderEarl
$MUSA breaking a ~5week base. Can it move higher?* Very strong up trend since inception * Great earnings in the recent quarters * Breaking out of a ~5week base * Pays out increasing dividends * Has lots of accumulation indicated by the U/D Ratio Technicals: Sector: Consumer Cyclical - Specialty Retail RS vs. Sector: 2.7 RS vs. SP500: 6.71 U/D Ratio: 1.66 Distance from breakout buy point: 0.17% Volume 9.58% above its 15 day avg. Trade Idea: * You can enter now as the price is just above the broken resistance * If you're looking for a better entry you can look to buy around the $245.9 area as that should serve as a short term support
NYSE:MUSALong
by HaseebKhan_90
$AVD breaking out of its ~14 month base * Broke its historical resistance of $23.55 which dates back to 2006 with tonnes of volume behind the move Technicals: * Sector: Basic Materials - Agricultural Inputs * Relative Strength vs. Sector: 52.33 * Relative Strength vs. SP500: 8.92 * U/D Ratio: 1.61 * Base Depth: 71.26% * Distance from breakout buy point: 2.35% * Volume 196.27% above its 15 day avg. Trade Idea: * You can enter now as the price is really close to the broken resistance of $24.25 * If you're looking for a better entry you can look to enter around the $23.85 area or even a retest of $23.55 seems likely. * A retest of this area ($23.55 to $23.85) would indicate that buyers are willing to push the price higher. * Next historical resistance comes in around $27.9
NYSE:AVDLong
by HaseebKhan_90
$FLMN: Making a bullish pennant!* This pattern has until June 13th to break out to either side. * Looks good on all time frames * The measured objective of this pattern would be around the $10.19 area. There will be some historical resistance around the 8.16/27 area which may see some selling pressure. Technicals: Sector: Energy - Oil & Gas E&P Relative Strength vs. Sector: 1.17 Relative Strength vs. SP500: 4.09 U/D Ratio: 1.14 Base Depth: 15.91% Distance from breakout buy point: -5.88% Volume -32.44% below its 15 day avg. Trade Idea: * Wait for a break above the pennant resistance before entering. * You can also look to enter around the 6.69 area if the price comes back to test support * I think there may be higher chances of it coming back to 6.95 before moving higher. * Manage risk under 6.69
FLong
by HaseebKhan_90
$BPT breaking out of a one month base!* Strong recent up trend * Breaking out of a one month base * Pays dividends * Price looks good on all time frames. Technicals: * Sector: Energy - Oil & Gas Refining & Marketing * Relative Strength vs. Sector: 2.07 * Relative Strength vs. SP500: 6.83 * U/D Ratio: 1.25 * Base Depth: 32.41% * Distance from breakout buy point: 1.92% * Volume 14.33% above its 15 day avg. Trade Idea: * You can enter at yesterdays closing price as it's close to the broken resistance. * If you're looking for a better entry you might be able to catch a bid around the $17 area * Target for the trade is a historical level of resistance around the $19.2 area
NYSE:BPTLong
by HaseebKhan_90
$DSX breaking out of a ~8 month base! Can it go higher?* Steady up trend over the past two years * Consolidated for about 8 months * Formed a cup and handle pattern * Now breaking out of the cup base Technicals: * Sector: Industrials - Marine Shipping * Relative Strength vs. Sector: 20.4 * Relative Strength vs. SP500: 18.49 * U/D Ratio: 1.38 * Base Depth: 82.07% * Distance from breakout buy point: 0.33% * Volume 73.26% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out of its base * If you're looking for a better entry you can look for one around the $5.77 area * Given the macro situation of the world it does seem like shipping stocks will move higher in the near future
NYSE:DSXLong
by HaseebKhan_90
$ARIS ready to move higher?* Nice up trend * Resisted the current bear market really well * Looks good on all time frames Technicals: * Sector: Utilities - Utilities - Regulated Water * Relative Strength vs. Sector: 3.09 * Relative Strength vs. SP500: 13.1 * U/D Ratio: 1.06 * Base Depth: 24.41% * Distance from breakout buy point: 0.1% * Volume 72.3% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out of its base * Or if you're looking for a better entry you can look for one around the $18.19 area as that should serve as a level of support. * Looking at $XLU it does seem like Utilities are ready to move higher and ARIS seems to be a leader in this space.
NYSE:ARISLong
by HaseebKhan_90