Buysetup
EUR/AUD +70 Pips Profit From the Analysis I Shared Yesterday EUR/AUD Analysis 🔥😉
Price is standing at an old Resistance area that pushed the price strongly to the down side
And now it Turned into support a pretty strong support and on the daily timeframe the price failed multiple time to break it
we need to keep watching the price on the 4h time frame and to see the price reaction to the area this time if we have a good bullish price action we can enter a buy trade and put our target at the previous high
if the price managed to close below the area on the daily time frame it will be a nice sell setup
$LSTR is showing signs of moving higher from its cup and handle!Notes:
* Strong up trend on all time frames
* Good earnings track record QoQ with a few misses
* Basing for the past ~14 months
* Creating a cup and handle pattern on the weekly chart
* The handle pulled back to its 50 day line and used it as support
* It's now breaking out of the handle with higher than average volume on the weekly chart
* Offering an early entry along with a pocket pivot indicating institutional demand
Technicals:
* Sector: Industrials - Integrated Freight & Logistics
* Relative Strength vs. Sector: 1.75
* Relative Strength vs. SP500: 2.32
* U/D Ratio(50): 1.07
* U/D Ratio(15): 1.27
* Base Depth: 34.1%
* Distance from breakout buy point: -5.51%
* Volume 105.58% above its 15 day avg.
Trade Idea:
* You can enter now as it's just breaking out of its handle with higher than average volume
* If you're looking for a better entry you may find one around the 168.5 area as that could serve as intermediate support
The dollar weakens .. NAS highs expectingThis is road to recent top 3 highs or BUST.
As the inflation is slowing down and this a good news for the market. While it’s slowing down we should expect ending rate hikes by march ( fingers crossed) if Powell decided to stop and do the rate pausing the market will love it and continue the relief rally.
It’s not over alright so listen if the rate pause happens then qualitative of easing needs to happen along with rate cuts, then finally qualitative of tightening.. so the soft landing should occur.
Profit take 13K
2nd target: 14K and lastly 15K.. 15000 has a strong rejection we should be able to see that happen. If it cut short then new lows will happen and 10K is still target for NAS bottom.
Unexpected bearish sell off will occur as well so please pay attention to the upcoming Feds meeting this year and the bull market should return back late 2023 or beginning Q1 of 2024.
Can $WSC make new ATHs?Notes:
* Strong up trend on all time frames
* Beating its revenue expectations consistently
* Breaking out of a ~11 week base
* Pulled back to its 50 day line and has been moving higher since
* Offering a low risk entry
* Creating a base on base pattern and pulled back to the highs of the previous base
* Showing recent accumulation
* It's creating a cup like pattern and may pull back after reaching the $49 area to create the handle.
Technicals:
* Sector: Industrials - Rental & Leasing Services
* Relative Strength vs. Sector: 1.27
* Relative Strength vs. SP500: 1.68
* U/D Ratio(50): 0.61
* U/D Ratio(15): 1.1
* Base Depth: 12.15%
* Distance from breakout buy point: -2.35%
* Volume -12.69% below its 15 day avg.
Trade Idea:
* You can enter now as it's still moving higher, close to its 50 day line and offering a low risk entry around a support level.
* If you're looking for a better entry you may find one around the 47.6 area or the 46.9 area.
$PI pulled back to its 20 day line. Is it ready to go higher?Notes:
* Strong up trend on all time frames
* Great earnings QoQ
* Created a break away island on last earnings report
* Held the gap as support around 105.54
* Tried to break out of the base but pulled back to its 20 day line
* Offering an early entry as it's close to its 20 and 50 EMAs
* When I last mentioned this stock it was breaking out of a cup and handle (linked)
* Has been seeing recent accumulation
Technicals:
* Sector: Technology - Communication Equipment
* Relative Strength vs. Sector: 1.35
* Relative Strength vs. SP500: 1.81
* U/D Ratio(50): 1.25
* U/D Ratio(15): 1.39 <--- recent accumulation
* Base Depth: 22.25%
* Distance from breakout buy point: -0.36%
* Volume -29.91% below its 15 day avg.
Trade Idea:
* You can enter now as the risk is low and it's offering an early entry relative to its moving averages.
* If you'd like a better entry you can look for one around the 124.52 area as that should hold as support.
* Or you can wait for a clear break and hold above 129.02 with volume before entering
ALGOUSDT...i hate youBINANCE:ALGOUSDT
Although i hate this coin...the chart is very simple.
in the first rejection, i waited till breakout/confirmation and took a buy///sold the buy.
NOW, it tested the 0.26 and retraced till 0.612% fib, and now "it seems" or "it might" (for the bastard who wanna sue me) the next target will be 0.30
i hope yall don't make money out of it... MzrFkrz
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#STOP_BEING_POOR
Is $ATKR ready to head higher?Notes:
* Very strong up trend
* Great earnings QoQ
* Basing for the past ~9 weeks
* Forming a cup and handle in this period
* Incoming volume
* Offering an early entry as it's still close to the 50 day line
* More buyers in the market recently
Technicals:
Sector: Industrials - Specialty Industrial Machinery
Relative Strength vs. Sector: 3.0
Relative Strength vs. SP500: 4.72
U/D Ratio(50): 1.19
U/D Ratio(15): 2.47
Base Depth: 81.04%
Distance from breakout buy point: -2.92%
Volume 7.67% above its 15 day avg.
Trade Idea:
* You can enter now as the price is still close to its 50 day line and is breaking above the resistance level of 123.53
* If you want a better entry you may be able to find one around the broken resistance area if it's retested as support.
* Or if it does pull back you may be able to find a better entry around $121.72
XMRUSDT...too late to publishBINANCE:XMRUSDT
i'm sorry i didn't publish this sh*t idea about #MONERO.
but here is the idea anyway.
it's all about retracement
it's all about technical analysis
#STOP_BEING_POOR
CAKEUSDT...are you ready from some baking lessons?BINANCE:CAKEUSDT
so here we go...we have a lot of opportunities today, but this one i think will make you a ZILLIONAIRE (i hope not).
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#STOP_BEING_POOR
Detailed Analysis For GBP/AUD To Learn And Tradethere is this minor support that exists on the daily and the 4h timeframe
this supp pushed the price +790 pips once price touched the area
if we witness any good bullish price action in the 4h time frame we can enter a buy trade .. but the price action needs to be strong to confirm the movement to the upside
GBPUSD (Cable) H4 Bullish Outlook! Will this happen next?The GBPUSD currency bullish force looks good for the coming week. The GBPUSD pair price seems to have cleared the minor resistance levels 1.2120 and 1.2140 and retested the same. So, we anticipate the price to continue to rally to the 1.2420 and 1.2450 range.
There is high-impact news that may effect significant price moves in this new trading week. Notable, among them is the Claimant Count Change and CPI data report in the UK which surely impact its currency the British Pounds GBP.
Also, we expect the US to release reports for Empire State Manufacturing Index, Retail Sales, Core PPI, and others.
With the expectancy of these data in the new week, the GBPUSD pair is likely to see high volatility.
Please me know what you think and follow up for more updates this week.