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AUDUSD stays directed towards 2.5-month-old support lineAlthough AUDUSD keeps Monday’s recovery moves around 0.7700, the pair bulls have a bumpy road ahead. That said, a 100-day SMA level of 0.7725 and a monthly falling trend line near 0.7760 probes the short-term recovery moves amid sluggish MACD. It should also be noted that an absence of directional signals from the RSI also challenges the pair’s corrective bounce inside a symmetrical triangle formation between 0.7760 and 0.7660. While the absence of bullish signals isn’t enough to back bears, the market’s anxiety ahead of tomorrow’s US Federal Reserve (Fed) meeting adds to the sellers’ favor. However, a clear downside below an ascending support line from April 01, near 0.7660, becomes necessary for the AUDUSD bears to retake controls. Following that, the monthly low near 0.7645 and the mid-April bottom surrounding 0.7585 should gain the market’s attention.
Short
by MTradingGlobal
GBPUSD: Teases monthly support line amid Brexit, covid doldrumsGBPUSD pays a little heed to the price-negative catalysts during early Monday. In doing so, the cable ignores confirmation of a four-week delay in the UK’s unlock as well as an anticipated bumpy road for the next round of Brexit talks as EU policymakers pushed Britain to respect previously agreed deal over the Northern Ireland (NI) protocol. The corrective pullback seems technical as a monthly ascending support line tests the pair sellers around 1.4085. Even if the sterling bears dominate past-1.4085, 1.4010-4000 area comprising 50-day SMA, May 13 low and April’s top will be the key to watch. Meanwhile, further upside could aim for 1.4180 immediate hurdle ahead of challenging the 1.4200 crucial resistance. It’s worth noting that a daily closing beyond 1.4200 needs a daily close beyond the latest top surrounding 1.4265 to aim for the 1.4300 and the 1.4370 numbers to the north. Overall, GBP/USD remains firm but a pullback can’t be ruled out.
Long
by MTradingGlobal
$CLSK PT 55-70 and higherCleanSpark, Inc. provides energy software and control technology solutions worldwide. It offers distributed energy systems that allow customers to design, engineer, communicate, and manage renewable energy generation, storage, and consumption; and microgrids, which comprise generation, energy storage, and smart distribution assets that serve a single or multiple loads connected to the utility grid and separate from the utility grid for commercial, industrial, defense, campus, and residential users. The company's products include mPulse software suite, a modular platform that provides intelligent control of a microgrid; and microgrid value stream optimizer that offers a robust distributed energy and microgrid system modeling solution. It also provides critical power switchgear and hardware solutions, including parallel switchgear, automatic transfer switches, and related control and circuit protective equipment solutions; technology-based consulting services comprising design, marketing/digital content, engineering and SalesForce development, and strategy services; and distributed energy microgrid system design and engineering, and project consulting services. In addition, the company offers open automated demand response (OpenADR) and other middleware communication protocol software solutions, such as Canvas, an OpenADR virtual top node built for testing and managing virtual end nodes; and Plaid, a software solution that allows internet connected products to add load shifting capabilities into APIs. Further, it owns a gasification technology and process for converting waste and organic materials into synthesis gas, which is used as fuel for power plants, motor vehicles, jets, duel-fuel diesel engines, gas turbines, steam boilers, and as feedstock for the generation of di-methyl ether. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is based in Woods Cross, Utah.
NASDAQ:CLSKLong
by UnknownUnicorn19246015
$TLRY PT 300 and higherWSB plays Tilray Inc. engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids. The company offers cannabis-lifestyle and consumer packaged goods; and hemp-based foods and alcoholic beverages. It offers medical cannabis in extracts and dried flower forms; and cannabis extracts, including purified oil drops and capsules. The company supplies cannabis extract products to patients, physicians, pharmacies, hospitals, governments, and researchers. It has operations in Canada, the United States, Europe, Australia, New Zealand, and Latin America. The company was formerly known as Aphria Inc. and changed its name to Tilray, Inc. Tilray Inc. is based in Leamington, Canada.
NASDAQ:TLRYLong
by UnknownUnicorn19246015
1
For reference(PLEASE READ DESCRIPTION) LUNA-USDHello traders and investors!! 👋 I am watching LUNA closely and depicted above are some of my key points..👆📌📈 We recently broke up and out of a descending channel, but I am not convinced just yet, let's see if we bounce down from this possible resistance at the top of our triangle/wedge shape..!🆗↘↗🧐🔺 Just a few days ago there was news that the (80 percent drop in price recently) drop👀🐻 in LUNA token🌚 caused major issues with the price of Terra blockchains PIGCOIN🐷💲 pair (UST,) was down upwards of 11 cents at one point. 😨 PIGCOINS🐷💲, or (stablecoins,) are supposed to stay at a fixed price and not deviate in either direction (think US dollar) TERRA, having a large amount of reserves in their token LUNA, then had to buy up aggressively their LUNA token to fix the drop in UST. This does not go unnoticed and is something to consider before investing in this token short-term. Long term, LUNA is expected to make a recovery but it is always wise to use caution! Thank you so much for considering this chart/analysis of LUNA-USD, I always love your feedback!!!🐶🎉 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set🆗 Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Jazerbay
L
by jazerbay
34
NZDUSD > Minimalist Setup for Both Sells and Buys!!Analysis on #NZDUSD Hello friends. the market is moving between support and resistance and we can look to trade at these levels if the market tests the resistance level I will look to sell if provided me a valid reason. if the market tests the support level I will look to buy if provided me a valid reason. Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated Check today analysis below⠀ >>“In Trading Losses Are the Cost of The Wins, TradingAxis.” ____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
by TheTradersAvenue
12
The Art of Technical Analysis for Beginners part 1Hey Traders so today I wanted to make a brief tutorial on technical analysis for those who are new to trading. This will be a short series that gives you the tools to understand the charts without any indicators ever needed. This analysis can be applied to all markets Stocks, Forex, Commodities, Crypto etc... Be on the lookout for future videos in the series and I hope it helps those who are new to trading! Enjoy! Trade Well, Clifford
TVC:USOILEducation
by TradeTheIndex
10
NZDUSD Sell now running 😎👍Entry details are shown on the chart. Can this trade make it two out of two. We're only looking for TP3. This makes the strategy in question a 1:6 RR Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM . The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
2