AUDJPY (Daily): The Last ASCENDING CHANNEL RETRACEMENTHi 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 end of November 2020, the price has been following a strong uptrend, bouncing many times on the dynamic S/R Level.
The price just got an interesting and important weekly resistance area and the next price action will be absolutely useful to understand the next market's movement.
CONCLUSION:
I think the market could get a short retracement trying to reach the dynamic support level of the ascending channel.
The price is overbought and during the last two days it showed a strong momentum. It could finally be the right moment of this market's inversion.
Stay tuned for updates!
What's your opinion? Share your idea writing a comment!
Trade Safe and Responsibly
Gianni
Chart patterns
AUDCHF (H4): Two Possible Sceranios near this 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 AUDCHF just reached an important WEEKLY RESISTANCE ZONE, but we still don't have a clear sign about the next movement.
To understand better the two possible scenarios, have a quick look on the AUDCHF Daily Chart here below:
Let's focus on the area that interests us:
The price is actually following a strong uptrend and it just reached an important resistance zone. The next price action around this area will be absolutely important to understand the next market's movement.
If the price will be rejected by this zone, we could get a short opportunity until the dynamic trendline support;
If the price will break this zone, we could get a long opportunity until the dynamic trendline resistance;
Stay tuned for updates!
What's your opinion? Share your idea writing a comment!
Trade Safe and Responsibly
Gianni
EURJPY its time for a long ⬆🎯📈Hello traders.
Our script thinks go, it's identified a long position on EURJPY on H1 timeframe with all of the confluences now met.
This is easy right?
No lines, no S&R - no analysis, all I have to do is follow it.
The major plus point is I can see it works with all the data within the strategy tester.
This helps me and our traders have confidence and belief in our execution.
When do we close this? On the H1 timeframe on this pair I am working to a stop loss and just following the trend until the script presents the next trade.
I will close on a reverse signal - but you can do as you wish as the script is adaptable to your trading style.
I don't recommend jumping on random trades you see on TV - that's no plan and you won't have a consistent clear edge.
But do check out the strategy tester results below that show three years of back test data results for this pair traded in the manner explained above.
The results are based on a £500 starting capital wit 1% risked per trade
For any more information on the script in question please drop me a message.
$EBON entry PT 5.20-6.25 PT 14.50 and higherEbang International Holdings Inc., through its subsidiaries, engages in the manufacture and sale of Bitcoin mining machines and telecommunication products in the People's Republic of China, the United States, Hong Kong, and internationally. It provides application-specific integrated circuit based Bitcoin mining machines; and Bitcoin mining machine accessories, as well as ancillary services to assist its customers operations. The company also offers mining machine hosting services that enable its customers to operate their mining machines remotely. In addition, it provides fiber-optic communication access devices comprising multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, such as gigabit passive optical network, enterprise cloud gateway devices, industrial Internet of things access devices, and business enterprise smart wireless access devices. The company sells its Bitcoin mining machines for enterprises and individual buyers under the Ebit brand through direct sales; and telecommunications products for telecommunications service providers under the EBANG brand name through direct sales. The company was incorporated in 2018 and is headquartered in Hangzhou, the People's Republic of China.
$ZOM entry PT .40 PT .90 and higherZomedica Corp., a development stage veterinary diagnostic and pharmaceutical company, engages in the discovery, development, and commercialization of pharmaceuticals for the companion pet. Its lead drug product candidate is ZM-007, an oral suspension formulation of metronidazole for the treatment of acute diarrhea in small dog breeds and puppies. The company is also developing ZM-012, a tablet formulation of metronidazole targeting the treatment of acute diarrhea in dogs; ZM-006, a transdermal gel formulation of methimazole targeting hyperthyroidism in cats; and ZM-011, a transdermal gel formulation of fluoxetine for the treatment of feline behavioral disorders, such as inappropriate urination. It has a collaboration agreement with Celsee, Inc. for the development and commercialization of liquid biopsy assays and related consumables for the detection of cancer in companion animals; and with Seraph Biosciences, Inc. for development and commercialization of novel pathogen detection system. The company was formerly known as Zomedica Pharmaceuticals Corp. and changed its name to Zomedica Corp. in October 2020. Zomedica Corp. was founded in 2015 and is headquartered in Ann Arbor, Michigan.
$NAKD entry PT .34-36 PT .70-2 and higherNaked Brand Group Limited designs, distributes, wholesales, and retails women's and men's intimate apparel, and women's swimwear. The company offers its products under the Pleasure State, Davenport, Lovable, Bendon, Fayreform, Naked, VaVoom, Evollove, and Hickory brands, as well as through licenced brands, including Heidi Klum and Fredericks of Hollywood. It sells its products through company-owned retail stores in Australia and New Zealand; online channels; and wholesale partners in Australia, New Zealand, the United States, and Europe. The company was founded in 1947 and is headquartered in Auckland, New Zealand.
AUDCAD (H4): BE READY to Entry Short on This PULLBACK!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!
The AUDCAD is actually giving us few sings of weakness! Before to continue reading the description and more details, have a quick look on this updated daily chart to understand the reasons I think the market could give us a nice short opportunity:
Let's focus on the area that interests us:
Since the end of October 2020, the price has been following a strong uptrend, in the H4 time frame we can properly see how the price is moving inside an ascending channel, bouncing many times on the channel's trendline support, that actually is perfectly working.
The price reached an important resistance area, failing twice the attempt to break it, giving us a really nice sign of weakness to continue the uptrend.
I have to say that this resistance level has already rejected the price many times in the past and it could be the perfect moment for a new market inversion.
ONLY IF THE PRICE will BREAK the support level, you could think to entry short on the pullback, because it would be a confirmation of the trend's inversion!
Here below the details of this trade:
ENTRY POINT: 0.97625
TAKE PROFIT: 0.96647
STOP LOSS: 0.98173
RISK/REWARD RATIO: 1.78
USDCHF (H4): Be READY to Entry Long on this PULLBACK!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!
The USDCHF is actually in a great period and it's giving us a great long opportunity!
Before to continue with the description and more details, I highly suggest you to have a quick look on my previous Daily Technical Analysis to understand the reasons I believe the market is getting an upcoming inversion.
You could check it out on the "Link to Related Ideas" or clicking the link here below:
Let's focus now on the area that interests us:
The price's actually reached an important support area and the falling wedge's dynamic trendline support, getting now few signs of rejection.
It's still following a downtrend, keeping the bearish movements under the ema 50, but the RSI is actually showing a nice convergence!
IF THE PRICE will give us a proper confirmation breaking the resistance, you could decide to entry long once the pullback is confirmed! (DO NOT OPEN ANY POSITION RIGHT NOW!)
Here below the details of this trade:
ENTRY POINT: 0.88413
TAKE PROFIT: 0.89190
STOP LOSS: 0.88089
RISK/REWARD RATIO: 2.4
Trade Safe and Responsibly
Gianni
GBPUSD first trade of the year lands ↘️🎯🏦Fellow traders this isn't a brag post.
For those that follow me know from previous ideas I have posted I trade this pair quiet a bit.
Working the 30M time frame here I trade this pair by setting the script to work to a take profit target with a stop loss set.
The risk to reward ratio is 1:2 and the back test figures at bottom of the screen show the performance of trading this way from February last year to now.
Results are based on 2% from trading £1000 GBP starting capital.
The pair endured a losing run last week which happens in trading but we get the year off to a good start.
With our strategy you simply execute trades when the script presents them on the chart.
No lines, no S&R - no analysis, all I have to do is follow it.
The major plus point is I can see it works with all the data within the strategy tester.
For any information on the script in question please drop me a message.
$OCGN PT 6-12 and higherOcugen, Inc., a clinical stage biopharmaceutical company, focuses on the discovery, development, and commercialization of transformative therapies to cure blindness diseases. The company's pipeline product includes OCU200, a novel fusion protein that is in preclinical development stage for the treatment of wet AMD, diabetic retinopathy, and diabetic macular edema; OCU400 to treat retinitis pigmentosa, a group of rare genetic disorders; and OCU410, which is in preclinical development stage for the treatment of dry AMD. Ocugen, Inc. has a strategic partnership with CanSino Biologics Inc. for gene therapy co-development and manufacturing. The company is headquartered in Malvern, Pennsylvania.
$VALE Epic! Thinking PT 40 by end of Aug$VALE PT 44 by 5/06/2021-11/30/2022
Thinking PT 40 by end of Aug
Multi-leg:
1) Calls 25 Jun 18th 2021
Return +6,233%
2) Calls 25 Jan 21st 2022
Return +2,271%
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals, Base Metals, and Coal segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services. The Base Metals segment produces and extracts nickel and its by-products, such as copper, gold, silver, cobalt, precious metals, and others. The Coal segment is involved in the extraction of metallurgical and thermal coal; and provides related logistic services. It also offers platinum group metals. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
$BANT PT 2-4 Supernova! Legends!(fm @OzVest)
Bantec, Inc., an unmanned aerial vehicles (UAV) and related services and technology company, focuses on the distribution and integration of advanced low altitude UAV systems, services, and products worldwide. It also provides product procurement, distribution, and logistics services. In addition, the company offers drones; drone accessories, training, and services; counter-drone technology; certificates of authorization; and Waivers, as well as drone pilot services. Further, it supplies spare and replacement parts to various federal government agencies, military prime contractors, and commercial customers. Additionally, the company operates an online store for Covid-19 sanitizing products and robots. Bantec, Inc. is headquartered in Little Falls, New Jersey.
USDCHF (Daily): Retesting the FALLING WEDGE Dynamic 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 end of March 2020, the price has been following a strong downtrend, creating a clear falling wedge pattern. As we can see on the chart I drew, the price has been rejected many times from the dynamic trendline resistance, this is a clear sign that the dynamic resistance perfectly worked.
At the beginning of August, the price broke an important support level at about 0.92216, and since the moment we got few months of consolidation, the price followed a side trend in a period of low volatility, bouncing up and down between the two S/R levels
The 12th of November, the price collapsed until it reached the dynamic trendline support and now it's retesting the same zone.
CONCLUSION:
The price is actually following a strong downtrend inside a falling wedge pattern, it's retesting the dynamic trendline support that rejected the price many times, if we will get few more confirmations we could think to entry long until the next resistance level.
The price is starting now a period of consolidation after a full month of high volatility, the RSI is clearly showing a convergence and the momentum is slowly increasing.
This pair is definitely giving us a good opportunity but I suggest to don't open any long position right now, I'd entry long once the price will confirm the rejection and see how it acts once it will break the level at 0.89000.
XAUUSD Gold Potential Shark and Butterfly PatternsGold is set to complete the bullish flag on D1 charts
Potential Shark and Butterfly patterns would be the targets near term. They can be used for short scalping.
Fractal Support is drawn and the breakdown of the trendline can be used as a selling opportunity.
The chart will be updated!
Happy New Year!!
Best SPACs for the week: $IPOC coverts to $CLOV PT 24 & higher$IPOC take a look at IPOC (clover health) at its ground floor, options are cheap, chamath backed, and healthcare Medicare in particular about to be hit topic. Clover health has a big figure currently only on NJ about to grow nationwide, just released partnership with Walmart, Google also a big investor...(@CosmicCharlie)
GBPAUD (H4): LONG NOW on this TRENDLINE SUPPORT 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!
The GBPAUD is finally giving us a nice Long Opportunity! before to continue reading the details and description, have a quick look on my previous daily technical analysis to understand the reasons I think the market is starting a new uptrend!
You could check it out on the "Link to Related Ideas" or clicking the link here below:
Let's focus now on the area that interests us:
The price started following an ascending channel, getting a perfect rejection on the trendline support, this could be an interesting opportunity to entry long until the price will reach the next resistance zone!
Here below the details about this trade:
ENTRY POINT: 1.77660
TAKE PROFIT: 1.79337
STOP LOSS: 1.76362
RISK/REWARD RATIO: 1.5
Trade Safe and Responsibly
Gianni
USDCAD (H4): BE READY on this Great LONG OPPORTUNITYHi 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 USDCAD is definitely giving us a nice trade opportunity, before to continue reading the details and description, I highly recommend you to have a quick look on my previous USDCAD Daily perspective, to understand the reasons I believe the market is going to have an upcoming uptrend.
You could check it out on the "Link to Related Ideas" or clicking the link here below:
Let's focus now on the area that interests us:
As we can see on the H4 time frame chart, the price is actually breaking the descending channel, a retest of the price on the support level it could be an interesting confirmation and entry point for this trade.
Here below the details for this trade:
ENTRY POINT: 1.27821
TAKE PROFIT: 1.29341
STOP LOSS: 1.27060
RISK/REWARD RATIO: 2
Trade Safe and Responsibly,
Gianni
USDCAD (Daily): The price BROKE and RETESTED the FALLING WEDGE!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:
The USDCAD is actually giving us a nice long opportunity, as we can see from the chart I drew, the price has been moving following a really strong downtrend since the end of March 2020.
Once the price reached an important support zone at about 1.29890, it bounced on that creating a nice trend correction (we got many confirmations about this correction, the RSI value was around 25, the price was oversold and it closed the day on the support zone with a pin bar, clear sign of weakness to carry on the same trend.
The price reached and retested the resistance zone at about 1.34000, falling down creating a clear Falling Wedge Pattern. As we can see from the chart, the price has been rejected many times from the dynamic resistance level of the pattern, this is a possible sign that the pattern is perfectly working.
The 21st of December, the price finally broke the dynamic resistance level, bouncing on a daily resistance zone, reaching and retesting (as expected) the weekly support zone (a down pin bar around the support could be a sign of uncertainty of the market and eventually a market's inversion).
CONCLUSION:
The USDCAD is definitely in an interesting period, the next days are so important to understand if the falling wedge pattern is confirmed and be ready to entry long in this trade.
Volumes are slowly increasing, the price retested an important support zone and the RSI convergence could be a strong sing of inversion.
Would I open any long position? Not today! I'd prefer to wait the next 1-2 days to get my last confirmation before to open any trade, but the opportunity is absolutely great!
$AAPL Calls 200 June 18th 2021 buy on Jan 8th Return +554%$AAPL PT 190
by 5/17/2020
Calls 200 June 18th 2021 buy on Jan 8th
Return +554%
*Reuters is reporting Apple is moving forward with its self-driving care technology and looking to start production by 2024. Yahoo Finance’s Jared Blikre joins Adam Shapiro and Julia La Roche to discuss.
Apple self-driving EV tech,
Partnership with $THBR Indie EV semi-conductor chips
Google Maps; Apple now receives an estimated $8 Billion to $12 Billion in annual payments,
in exchange for building Google's search engine into its products, accounts for 14-21% of
Apple's profits
Google Maps//Apple self-driving tech//EV Semi-conductor chips//$THBR//$TSLA
all ties into each other...
$AAPL Calls 250 Apr 16th 2021 buy on Jan 6th Return +5,564% $AAPL PT 190
by 5/17/2020
Supernova!
Calls 250 Apr 16th 2021 buy on Jan 6th
Return +5,564%
Apple self-driving EV tech,
Partnership with $THBR Indie EV semi-conductor chips
Google Maps; Apple now receives an estimated $8 Billion to $12 Billion in annual payments,
in exchange for building Google's search engine into its products, accounts for 14-21% of
Apple's profits
Google Maps//Apple self-driving tech//EV Semi-conductor chips//$THBR//$TSLA
all ties into each other...
NZDUSD (H4): SHORT NOW 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!
The NZDUSD is giving us a nice short opportunity, if you would like to understand the reasons I believe the market is getting an upcoming trend correction, I suggest you to have a quick look on my previous NZDUSD Daily Analysis, you could check it out on my "Link to Related Ideas" or clicking the link below:
Let's focus now on the area the interests us:
The trendline resistance rejected and reversed the market two times and now that the price reached the same level again, there is still a new short opportunity, the bearish tweezer candlestick pattern could be an interesting entry point, here below the details of this trade:
ENTRY POINT: 0.71870
TAKE PROFIT: 0.70926
STOP LOSS: 0.72408
RISK/REWARD RATIO: 1.6
NZDUSD (Daily): An Interesting TREND CORRECTION!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 April 2020, the price started a long and strong uptrend, creating a new ascending channel since July.
This channel acted really good as support and resistance, in fact the price has been rejected many times.
At the beginning of November, the price started getting strong momentum, and with a clear increasing of the volumes, the market moved up, breaking without any hesitation an important weekly resistance zone at about 0.68200.
At the beginning of December, the price reached again the main trendline resistance, a level that rejected the price many times (you can properly see that on the chart), breaking it and acting now as a new dynamic support level.
CONCLUSION:
The price is definitely trying to reach the next weekly resistance zone at about 0.74000, it actually got a rejection from a new trendline resistance and I believe in the possibility of a small trend correction, the price action will confirm it during the next days.
The price is actually overbought, it closed the last day with a down pin bar, the RSI is clearly showing a nice divergence in a daily perspective and it's moving in a period with high volatility.
What should you do? I normally don't open any position in this kind of situation, I'd prefer the price reaching the main resistance or support first and see how the price acts around that level but, having a look in the H4 time frame, there's a chance to get a nice correction up to 100 pips! I'll show you more details in my next NZDUSD H4 perspective.