USDCAD: Is this TRIPLE BOTTOM reversing the MARKET?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
USD/CAD
⚪ Technical Analysis :
Since December 2020, the price has been consolidating, moving with a side trend between the two S/R levels at about 1.28700 and 1.26700.
During that range of period, the price attempted many times a bearish movement, creating a possible triple bottom pattern.
It is currently moving with a strong bullish impulse, reaching twice the main resistance zone.
The next price action around that zone will be essential to understand the next market movement.
🔴 Conclusion :
In the daily time frame, since March 2020 the price has been following a strong downtrend, ending with a triple rejections on the support zone at about 1.26200.
I'm confident to see the price starting a new trend and I'll be waiting for the breakout of the main resistance zone before planning my long position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
Chart patterns
NZDCHF: A possible DOUBLE TOP Market Reversal (Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CHF
⚪ Technical Analysis :
Since the end of December 2020, the price has been following a clear uptrend until the main resistance zone at about 0.64350, getting a second rejection on the 26th of January 2021.
During this long period, the price reached few times its daily trendline and it is currently re-testing the same level.
The next price action around that zone will be essential to understand the next trend direction.
🔴 Conclusion :
Few weeks ago, the price reached an important weekly resistance zone that rejected it many times is the past.
I believe that we could see an upcoming market reversal and I'll be waiting for a breakout of its trendline before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
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Gianni
NZDCAD: Be ready to SHORT on this Opportunity!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CAD
⚪ Technical Analysis :
Since November 2020, the price has been following an interesting trendline, bouncing on it many times during the last few months.
Once it reached the main resistance zone at about 0.92500 on the 6th of January 2020, it just quickly and heavily collapsed back to its main trendline, getting then, a strong trend correction.
It has currently re-testing the S/R zone at about 0.91500 and the next price action on this area will be essential to understand the next market movement.
🔴 Conclusion :
The last bullish impulse wasn't able to break the 0.92000 level and it could be a nice sign of market weakness.
I'll be waiting for more sessions to understand properly the next direction but I'm currently confident to see the price falling down until the main trendline.
I'll update this idea with a clear Signal as soon as we'll get a clear rejection on that level.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your
NZDJPY: Is the price COLLAPSING under its TRENDLINE?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/JPY
⚪ Technical Analysis :
Since November 2020, the price has been moving following an interesting ascending channel, reaching its main resistance zone at about 75.540 on the 8th of January 2021.
The price then collapsed, bouncing back on its main trendline but not able to reach again the previous level.
It has currently re-testing the trendline and the next price action around that area will be essential to understand a possible breakout.
🔴 Conclusion :
Overall, the NZD is giving us a short opportunity, the market is showing clear signs of weakness and I'm confident to see an upcoming breakout of its trendline.
I'll be waiting for the price reaching the level at about 74.000 before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDUSD: The price has just BROKEN its TRENDLINE (Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/USD
⚪ Technical Analysis :
Since the end of December 2020, the price has been following a strong uptrend until the main resistance zone at about 0.73100.
Not able to break it, the price started collapsing down and it is currently creating an interesting symmetrical triangle pattern.
Today, the price broke through the main trendline and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
In the daily perspective, the price reached a strong weekly resistance zone that rejected the price many times in the past and now, I'm confident to see a trend correction.
The price has just broken its dynamic trendline and I'll be waiting for a clear sign of weakness before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPJPY: A clear SIGN of Inversion! Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/JPY
⚪ Technical Analysis :
Since the beginning of January 2021, the price has been following an interesting trendline, moving up until a strong resistance zone at about 142.500.
It got many rejections on that level and it is currently re-testing the same zone.
In the daily perspective, a red pin bar just around the resistance zone could be an interesting sign of weakness and market reversal.
🔴 Conclusion :
I'm confident to see the price going down until the next support zone and eventually even more if it will be able to break its main trendline.
Once I'll get a proper confirmation of market reversal, I'll open my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPCHF: An upcoming MARKET REVERSAL!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/CHF
⚪ Technical Analysis :
Since December 2020, the price has been following a strong bullish movement, bouncing and keeping the price over the main daily trendline.
One week ago it reached an important weekly resistance zone, that rejected the price many times in the past and it has currently re-testing the same area.
🔴 Conclusion :
Considering the daily and weekly time frame, the current level rejected the price many times and there is good chance to get another rejection.
Aggressive traders would probably entry short soon, but I feel more conservative and I'll be waiting the breakout of the main trendline before planning my short position.
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPAUD: Following the ASCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/AUD
⚪ Technical Analysis :
Since the beginning of January 2021, the price has been moving with a strong uptrend, following an interesting ascending channel and few bounces on its dynamic support are an extra confirmation of the validity of that pattern.
It has currently reached its dynamic resistance line and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
I believe there is a good chance to see the price rising until the main resistance zone at about 1.79000 but as a trend follower I won't open any long position right now because the price is just around its dynamic resistance line.
I'll be waiting for the price reaching its dynamic support and I'll open my next long position once I'll get a proper rejection on that area.
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPCAD: The price BROKE a strong PATTERN!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/CAD
⚪ Technical Analysis :
Since December 2020, the price has been moving bouncing up and down between the resistance zone at about 1.75000 and the support zone at about 1.72300, creating an interesting symmetrical triangle pattern.
On the 22nd of January 2021, the price broke through its dynamic resistance line and it has currently reached the main resistance zone.
🔴 Conclusion :
Overall, in the daily and weekly perspective, the price is following an uptrend and I'm confident to see it growing more after an upcoming trend correction.
I'll be waiting for the price reaching and re-testing its previous pattern's dynamic level before planning my long position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPUSD: Be ready to SHORT on this PAIRHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/USD
⚪ Technical Analysis :
Since the beginning of January 2021, the price has been moving with a strong bullish movement, creating an interesting rising wedge pattern.
It has reached twice its dynamic resistance line and it is probably approaching to re-test the same level.
The price is just moving around a strong daily and weekly S/R zone at about 1.37500 and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
Since the price got a strong bullish impulse, I can properly see how it is slowly losing strenght to continue on the same trend.
I'm confident to see the price re-testing the dynamic resistance line and I'll be waiting for a proper rejection before planning my next short trade. My first target would be the level at about 1.3700 and the second target on the level at about 1.36300.
I don't think is the right moment to get a position, so I highly suggest to be patient and wait for a better entry point.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDNZD: A possible strong IMPULSE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/NZD
⚪ Technical Analysis :
Since the beginning of December 2020, the price has been following a clear uptrend, after it got a strong impulse on the level at about 1.04200, that moved the price up in an ascending channel.
Once the price reached the level at about 1.08500, it got a rejection, falling down until the level 1.06830.
This level is an interesting support zone and it also matches with the dynamic trendline of its channel.
🔴 Conclusion :
I think that the level 1.6870 is really an interesting area, the price previously got a consolidation over there and it's now re-testing the same level.
I'm confident to see a new positive impulse and once I will eventually confirm it, I'll plan my long position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDUSD: FOLLOW this clear DESCENDING CHANNEL!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/USD
⚪ Technical Analysis :
Since the 6th of January 2021, the price has been following an interesting descenging channel, after it reached a strong weekly resistance zone at about 0.78100.
The price got few rejections on that level, creating every time a lower high and it's now approaching to re-testing the same resistance zone.
🔴 Conclusion :
A strong bearish pin bar just around the support level at about 0.76650 , pushed the price up and it is eventually going to re-test the main resistance zone.
I'm confident to follow this nice descending channel and I'll be waiting a clear rejection on its dynamic resistance line before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDJPY: SHORT Opportunity on this BREAKOUT! (With Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/JPY
⚪ Technical Analysis :
Since November 2020, the price has been moving following a clear ascending channel, reaching at the beginning of January 2021 a strong daily and weekly resistance zone at about 80.800 that rejected the price many times in the past.
It failed a double attempt to break through that level and once it got a second rejection, the price collapsed down.
It is currently creating an interesting descending triangle and the next price action around that area will be essential to understand the next market movement.
🔴 Conclusion :
In the daily perspective I can clear see that the price has been moving with a strong bullish impulse since many weeks ago and now that it reached an important resistance zone, I'm confident to see a possible trend correction.
I'll be waiting for a breakout of the support zone at about 79.600 as a confirmation, before planning my short position on this trade.
Once I'll confirm the new downtrend, my first target would be the level 78.750 and my SL on the level 79.950.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDCHF: SHORT idea on this PULLBACK (Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/CHF
⚪ Technical Analysis :
Since the beginning of December 2020, the price has been following a strong ascending channel, bouncing many times on its dynamic S/R lines.
On the 14th of January 2021, it reached an important resistance zone at about 0.69000, getting a strong rejection and failing its following attempt to break it.
Just few days ago, the price broke the ascending channel and yesterday it retested the same level without break it.
🔴 Conclusion :
In the daily and weekly perspective I can properly see that the price reached an important zone that rejected the price many times, so I'm confident to see a clear trend correction and I'll be waiting for the breakout of the level 0.68200 before planning my short position on this trade.
Once I'll open my trade, my SL would be at about 0.68500 and my TP on the next support zone at about 0.67450.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDCAD: The Last LONG opportunity!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/CAD
⚪ Technical Analysis :
Since December 2020, the price has been moving with a nice uptrend after it got a strong impulse on the level at about 0.94560.
It reached and broke a daily resistance level at about 0.96550 and pushed up breaking through the level at 0.97700.
On the 6th of January the price finally bounced on the main resistance level (this is a strong weekly resistance that rejected the price many times in the past) and it failed many attempts to break the same level.
The 20th of January the price got a new rejection on the level at about 0.97700 and it seems has started a new uptrend.
🔴 Conclusion :
The price is currently bouncing between two S/R levels and I'm confident to see it reaching one more time its next main resistance zone.
It would be a really short term trade, considering that in the daily and weekly time frame, the price is very close to an important S/R zone that rejected the price many times in the past.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
Bullish on OCEANTicker: OCEAN
Fundamentals
Ocean Protocol uses something called PoD (proof of data) and is in the business of Big Data, which is expected to reach $229.4 Billion by 2025. PoD is a little bit like PoS where you can stake your coins to earn rewards.
Ocean gives big data tools for Web3, which is a massive game changer. Think if Cambridge Analytica was an ethical business! Ocean Protocol, although it's tech focused. It has an excellent BUSINESS model. There are plenty of projects that have good tech but know nothing about business, this is where they fail. Not Ocean though... If you don't know what web 3 is, think of how revolutionary the internet was. Web3 will have a similar impact to this!
These are some of the few fundamentals on why I'm so bullish long term for Ocean.
Technical:
Time-frame: Swing Trade
Area of Interest: $0.4 - $0.5
Invalidation Area: $0.35 currently, changes over time following bullish curve.
Area to take profits: $0.7 - $0.8. Looking for $1.5 by Q4
EURNZD: Is time to GROW again? Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/NZD
⚪ Technical Analysis :
In the weekly time frame, since March 2019, the price has been following an uptrend, bouncing many times on its dynamic trendline.
Few weeks ago it broke through its main level and it's currently re-testing a secondary trendline.
In the daily time frame, since March 2020, the price has been following a strong downtrend and it is currently bouncing on its dynamic trendline.
In the h4 time frame, we can see the price moving between two S/R zone, it is currently retesting the secondary trendline and a strong support zone at about 1.68350. The next price action will be essential to understand the next market movement.
🔴 Conclusion :
This is a period with high volatility, and the price is quickly moving up and down between its two S/R zones.
I'm confident to see the price growing until the resistance zone at about 1.69600 but I'll be waiting for a proper candlestick rejection before to get any long position on this trade!
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
EURJPY: Is the price going BACK to its MAIN CHANNEL?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/JPY
⚪ Technical Analysis :
In the weekly time frame, since May 2020, the price has been moving following an interesting uptrend, bouncing few times on its dynamic support trendline.
It seems is creating a rising wedge pattern.
In the daily time frame, at the beginning of November 2020, the price got a strong impulse on the dynamic support line, pushing the price up in a clear uptrend until it reached its dynamic resistance line.
It has currently re-testing a daily R/S zone and there is good chance to see the price growing more.
In the h4 time frame, the price broke through its ascending channel on the 14th of January 2021, getting a strong rejection once it reached the support level at about 125.000.
The 22nd of January the price finally broke its resistance zone at about 126.125 and it has currently re-testing the same level.
🔴 Conclusion :
The price has just reached the daily support zone at 126.000 and there is a possibility to see a rejection on its ema 200.
I'm confident to see the price growing more and eventually continuing inside its previous channel.
I'll be waiting for the next session to entry long in this trade!
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni