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Bitcoin why buy the pullback, (Support $32k - $32500)Like and Subscribe(Thanks in advance). Today Bitcoin chart analysis shows strong selloff going on since the past couple of days, which has finally made contact with a strong support of our rising channel. The current support which served as a resistance in the past ($32K -32500)is now acting as a strong sign of support(we see the buy pressure showing off around 32500. but for the trend to continue its ride to the upside we need a clear change in market structure either a double bottom or a higher low market structure (like a higher low printing on the 1hr chart) Here is what I mean by past accumulation zone It is very likely we see a retest of the support to confirm the demand or buy pressure on that support. If 1hr chart prints this higher low market structure that will be our entry point to target 45K to 46500 measured move which also happen to be the tip of our channel. Here is a question worth answering: What if it crosses below the last low then what? The chances of this happening will most likely lead to a double bottom in my opinion and from what I see is that it is still under the retest of the support of the 32K zone which could lead to a stop loss hunt by market makers before the major bull run begins As long as the trendline still hold, there is accumulation zone just below the support in the past which most likely not allow price to just dive straight through it, so it is likely going to find it tough to cross the $32k support because of past accumulation zone on this support, Instead we could see more accumulation on the support(sideways moves for sometime) then boom to the upside!
Long
by MachiavelliTrader
6
EURJPY (H4): LONG Opportunity on this REJECTION!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIKE 👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since the beginning of December the price has been following a clear ascending channel , it broke an interesting resistance zone and it's now retesting the level. I believe there is a nice chance to see the price growing more until it will reach and eventually break the dynamic resistance level of that channel. IF THE PRICE will confirm the bounce on the support zone , you might consider the following trade details: ENTRY POINT: 126.891 TAKE PROFIT: 127.510 STOP LOSS: 126.609 RISK/REWARD RATIO: 2.2 Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
6
EURCAD (H4): LONG Idea Breaking the DESCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: In this H4 chart we got a really interesting situation, in fact the price is clearly following a descending channel and it's just reached an important resistance zone. In a Daily perspective, instead, the price is moving following an ascending channel and price's just reached the channel's dynamic support, giving us the first sign of rejection. CONCLUSION: I think the price will move up following the daily trend because the two S/R dynamic line of that channel are perfectly rejecting the price. In my opinion this is not the best moment to open a long position, but I'd wait the break out of the dynamic resistance line and I'll look for a long trade on the pullback, it will definitely confirm the beginning of the new uptrend and you could trade with less dubts! Stay tuned for updates and trade details! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
7
EURAUD (H4): LONG OPPORTUNITY, Breaking the FALLING WEDGE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! This market is giving us a great opportunity! I suggest you to have a quick look on the "EURAUD" Daily Chart to understand with a different perspective the reasons of this market's movement. You could check it out clicking the link here below: Let's focus now on the area that interests us: The price is actually following a clear FALLING WEDGE Pattern and it's just reached an important support area. In a daily perspective the price is clearly moving inside a descending channel and it's probably ready for a trend correction. IF THE PRICE will break the falling wedge pattern, you might consider the following trade details: ENTRY POINT: 1.58722 TAKE PROFIT: 1.60300 STOP LOSS: 1.57700 RISK/REWARD RATIO: 1.6 Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
5
EURCAD (Daily): LONG OPPORTUNITY Following the ASCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since the end of July the price has been following a descending channel lasted until the beginning of November, the price then bounced on the main weekly trendline support and started now a new great uptrend. The price's just reached a daily support area and the channel's dynamic support, the price action around this area will be helpful to understand and confirm the next uptrend! CONCLUSION: The new ascending channel seems to be confirmed and it's perfectly working, rejecting the price in the right moment. Once I'll get a clear confirmation about a new uptrend, I'll definitely plan a long position! Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
9
EURAUD (Daily): LONG Idea on this TREND CORRECTION!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since the end of October, the price started following a clear descending channel bouncing and breaking the support area at about 1.61000. The price continued the downtrend without any hesitation and sign of weakness but now it reached an important main support zone, it could be the moment to get a short correction, still keeping the price inside the channel. CONCLUSION: The support zone at about 1.57000 rejected the price many times in the past and it could happen again! The price's just reached the dynamic support line of that channel and it could be an extra confirmation of this trend correction, eventually we can properly see a rejection around this area! I don't really think to open any position right now, because as a trader I usually follow the trend without going to the opposite side. Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
4
$OEG PT 9-11 and higher Calls 5 Feb 19th 2021 Return +108%$OEG Solar farms for $AMZN Orbital Energy Group, Inc. engages in the design, installation, and commissioning of industrial gas sampling, measurement, and delivery systems for energy, power, and processing markets in the United States and the United Kingdom. It also provides engineering, construction, maintenance, and emergency response solutions to the power, utilities, and midstream markets; and engineering, procurement, and construction services in the renewable energy industry The company, formerly known as CUI Global, Inc., was founded in 1998 and is based in Houston, Texas.
OLong
by BADQOMOCAWGOWLD
$ENG PT 18 and $OEG PT 9-11 Solar farms for $AMZN$ENG PT 18 and higher FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company offers SureSource product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and micro-grid, as well as multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications. It also provides SureSource Capture system that separates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; and SOFC/SOEC and Energy Storage, a solution for energy storage using solid oxide technology. The company's SureSource power plants generate electricity and usable heat. It serves various markets, such as utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, and Germany. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut. $OEG PT 9-11 and higher Orbital Energy Group, Inc. engages in the design, installation, and commissioning of industrial gas sampling, measurement, and delivery systems for energy, power, and processing markets in the United States and the United Kingdom. It also provides engineering, construction, maintenance, and emergency response solutions to the power, utilities, and midstream markets; and engineering, procurement, and construction services in the renewable energy industry The company, formerly known as CUI Global, Inc., was founded in 1998 and is based in Houston, Texas.
OLong
by BADQOMOCAWGOWLD
1
CADJPJ (H4): LONG Opportunity Following this UPTREND!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! This market is giving us a great opportunity! I suggest you to have a quick look on the "CADJPY" Daily Chart to understand with a different perspective the reasons of this market's movement. You could check it out clicking the link here below: Let's focus now on the area that interests us: As we can see, since the end of December the price has been following a secondary ascending channel, it broke the channel's resistance and it reached an important main resistance zone. Because of the strenght of this uptrend, there are high probabilities that the price will continue on the same trend, trying to reach the next resistance area. ONLY IF THE PRICE will Bounce on the dynamic support of the secondary ascending channel, you might consider the following trade details (be aware about the price action around this resistance zone): ENTRY POINT: 81.777 TAKE PROFIT: 82.789 STOP LOSS: 81.283 RISK/REWARD RATIO: 2 Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
6
CADJPY (Daily) LONG IDEA: Following the ASCENDING CHANNELPOTENTIAL PROFIT: UP TO 150 PIPS TECHNICAL ANALYSIS: -Since the beginning of May the price started a strong uptrend until it reached the resistance zone at about 81.708. During that period, the price was following a low volatility channel and the momentum was slowly increasing, a clear sign of upcoming expansion. -The main resistance rejected the price, and it started a small period of consolidation before trying again to reach and break the resistance zone. -The price was rejected again and it bounced on the the main support level at about 78.209, starting a clear ascending channel, still keeping the price between the main resistance and support zone. CONCLUSION: The price is clearly following an ascending channel, bouncing constantly on the trendline support; The price is oversold and getting slowly more strenght, probably enought to reach one more time the resistance zone. I actually have a long position with my take profit at 81.790, I'll probably move the TP if the price will break the resistance with a strong market and no sign of inversion. If you enjoy my FREE Technical Analysis, let me know that with a big LIKE, I'll be so glad! Have you got some similar or interesting idea? Feel free to leave a comment below sharing your idea! Are you interested getting more FREE Technical Analysis like this? SUBSCRIBE my channel and you won't miss anything! Trade Safe, Gianni
Long
by FXtrades-gp
CADCHF (H4): LONG Opportunity on this PULLBACK!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! This market is giving us a great opportunity! I suggest you to have a quick look on the CADCHF Daily Chart to understand with a different perspective the reasons of this market's movement. You could check it out clicking the link here below: Let's focus on the area that interests us: As we can see, since many days ago the price has been following a strong descending channel, bouncing many times on the dynamic S/R level of this channel. The price just broke the channel and it's probably going to get a short correction. ONLY IF THE PRICE will bounce on the support level, confirming the end of the descending channel and the beginning of a new trend, then you might consider the following trade details: ENTRY POINT: 0.69766 TAKE PROFIT: 0.70456 STOP LOSS: 0.69390 RISK/REWARD RATIO: 1.70 Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
4
$BTCUSD - It's getting too tight in hereHi guys! 👋🏻 🔔 The growing interest in cryptocurrencies might be a result of a weakening US Dollar and the prolongation of the pandemic and restrictions. 🔔 The uptrend of the pair may be supported by the newly applied business operations restrictions in the US amid growing number of COVID-19 cases. As a result the US economy might struggle during the winter and the US Dollar will most likely continue the decline, aggressing the growth of the Bitcoin price. 🔔 Besides the weakening USD there are other factors which may have a weight on Bitcoin’s uptrend, JP Morgan Chase Co.’s long-term Bitcoin price prediction announced on January 5, and the US Banking regulator allowing use of less volatile coins for payments, primarily “proprietary” coins of banks which are bound to the local currency. 🔔 As seen on the chart above, Bitcoin nears a dynamic resistance and if sellers decide to close their positions here, the correction might continue down to $36,385 and $34,440. Active Bitcoin addresses already surpassed the 2017 high, and some analysts say that this may trigger another round of sales as some HODL’ers might consider selling their Bitcoins with profit. 🔔 As we can see, the triangle is way too sharp for the Bitcoin and we might witness something really big in the recent days, I still am bullish on Bitcoin and expecting $45K to $50K if the price remains above the $34 600 support which currently it is. The alternative scenario as as follows (see the violet line) Though pls bear in mind that these projections are only my thoughts, I'm not a prophet, eh.)) ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSDLong
by azizelliott
2
CADCHF (Daily): LONG OPPORTUNITY on the ASCENDING CHANNEL!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIKE 👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Since August 2020, the price has been following a clear uptrend, bouncing many times on the channel's dynamic support. The price just reached the dynamic trendline resistance and the price action around this zone will be helpful to understand the next market's movement. IF THE PRICE WILL BREAK the dynamic resistance, you might consider the following trade details on the pullback: (This is a daily chart trade and you could get many days before getting the suggested target). ENTRY POINT: 0.69262 TAKE PROFIT: 0.70878 STOP LOSS: 0.68543 RISK/REWARD RATIO: 2.25 Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
6
AUDNZD (H4): Great LONG Opportunity on the MAIN RESISTANCE ZONEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIKE 👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! The AUDNZD is giving us a great long opportunity! Before to continue reading the details and description, I highly suggest you to have a quick look on my AUDNZD Daily Technical Analysis to understand the reasons I believe the market is getting an upcoming new uptrend. You could check it out clicking the link here below: Let's focus on the area that interests us: As we can see, the price is in consolidation after the trend correction, it's now bouncing up and down between the two S/R levels. The EMA 50 is still showing us a possible uptrend and it's actually rejecting the price! Should you open a trade right now? My answer is NOT YET! I'd wait a better confirmation, you'll get a great opportunity once the price will break the resistance area. Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
3
AUDNZD (Daily): Retesting the MAIN TRENDLINE SUPPORTHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIKE 👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since the half of August the market has been following a strong descending channel, breaking and retesting an important weekly dynamic trendline support. At the beginning of December the price got a clear trend correction perfectly matching with the 0.50% of Fibonacci Retracement. The price reached and is actually retesting the main resistance area, the price action around this zone will be necessary to understand and confirm the next market's movement! CONCLUSION: The price bounced on the main dynamic trendline support just few days ago and I believe in a new uptrend after few days of consolidation. Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
6
CADJPY long seeking it's target 🎯↗️Hello traders. I Wanted to share an ongoing trade I entered earlier on today. We are working the 45M chart here on CADJPY pair. The script in use is set to a take profit target and the trades are set to just shy of a 1:3 risk reward ratio. I risk 2% per trade on this strategy. Unfortunately yesterday's short trade ended in a loss. But I can trade this pair in confidence due to the built in strategy tester allowing me to rigorously back test this pair for the settings I have entered into the script. I have traded this pair since last summer and have had great ROI figures. Back test data for this pair is included at the bottom of this idea. The figures are from back test data dating back to May 2019. Being armed with such solid back test data helped me implement this pair in to my trading plan. This level of data and testing helps me and our traders have confidence along with belief in our execution. After yesterdays failed trade I simply waited for the next signal to present on the chart and I entered the current long position earlier on today. No lines, no S&R - no analysis, all I have to do is follow it. Our strategy is a trend following strategy, can be used on any instrument and time frame. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL, Take profit targets, lot size etc. It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. For any more information on the strategy script in question please drop me a message.
Long
by RichScott
$TSLA drops to 741-749, next leg up PT 793Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. The Automotive segment offers sedans and sport utility vehicles. It also provides electric powertrain components and systems; and services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians, as well as sells used vehicles. This segment markets and sells its products through a network of company-owned stores and galleries, as well as through its own Website. The Energy Generation and Storage segment offers energy storage products, such as rechargeable lithium-ion battery systems for use in homes, industrial, commercial facilities, and utility grids; and designs, manufactures, installs, maintains, leases, and sells solar energy generation and energy storage products to residential and commercial customers. It also provides vehicle insurance services, as well as renewable energy. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.
NASDAQ:TSLALong
by BADQOMOCAWGOWLD
1