LYFT continuing a BreakoutLYFT beat earnings by 4X this past week and so brokeout.
On the cloud indicator, the conversion line has diverged above
the baseline.
LYFT could be watched for breakout continuation.
The Awesome Oscillator and VWAP Oscillators validate the breakout,
Added to watchlist for Monday, Aug 8th
Plan to check UBER. NASDAQ:LYFT
Continuation
BTC - Dear August, Be Good! ETH Analysis insideHello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last picture idea, we have been waiting for BTC to test the gray zone and lower red trendline to look for trend-following buy setups.
BTC is already around the gray zone , and yes, as per the current market conditions, a movement till the 28k-30k resistance / supply zone is still expected.
Now What? As usual, as per my trading style, I will be waiting for the bulls to take over by breaking above the last high highlighted in orange.
Meanwhile, the bears can still kick in and break the channel downward, in this case we will be expecting a short-term bearish movement because the last major low (as highlighted on the chart) wouldn't be broken yet.
Regarding ETH:
Price broke the purple pennant downward, and as mentioned in this case, we will be looking for buy setups around the lower red trendline.
ETH rejected our red trendline and traded higher . for the bulls to take over again, we need a break above the last major high in blue.
Meanwhile, just like BTC, if the bears break below the trendline, then the first support would be around the 1500 zone.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$ITV - Continuation swing with +10% to +40% upsideTechnical Analysis
Price bottomed out 3 weeks ago and the RSI + William %R
Price broke out the daily channel last week and has been consolidating above the 1D 50EMA. There is a good zone to buy before a further push above 76 and potentially 90
Price Target
Entry: 71-73
Target 1: 76 (+5%)
Target 2: 88 (+20%)
Analyst Targets: 101 (+40%
Financial Metrics
High quality as shown by the financial metrics. Undervalued with high upside/growth potential.
AUDJPY Correction and More Downside!Welcome back! Let me know your thoughts in the comments!
**AUDJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
$MSFT - Weekly support and continuationTechnical Analysis (TA)
Monthly oversold and Williams %R showing signs of a reversal.
Weekly MA's resistantce broken and held key 100MA as support. Needs to break Monthly 10EMA to show upside momentum.
Price Target
Entry : $281
Price Target 1: $315
Price target 2: $350
Fundamental Analysis (FA)
Strong Quality Screen and metrics.
EURUSD - My Trading Plan in a video!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for EURUSD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
AUDCHF CONTINUATION TRADEPair: AUDCHF
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support + resistance, pennant pattern, ascending triangle, Fibonacci
————--
Key Takeaway:Need a bounce off of these key levels
—————
Level needed: Need to see price hit 0.66380
—————
Trade: Long
RISK:REWARD —
SL: —
TP: —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
DXY falling wedgeDXY appears to be in a long term falling wedge. Recently, it's had a steep uptick, which indicates a pullback, but it did successfully break up out of the wedge, and will most likely rebound and continue upwards (the dollar will become more valuable relative to other currencies).
This will take two years to play out, in my opinion. Most likely just after the next presidential election.
Bullish, but a long term pattern
daily bearish pennant on ethI am seeing a story being foretold here. Looks to me like a bearish pennant on the eth with a measured move to the .886 from the Mar, 2020 low. Only one factor missing here, my patients.
DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
Rising Wedge for Ethereum?Looking at the 4-hr chart for Ethereum, we could identify(?) a bearish trend with a correction forming as a r ising wedge .
Do you agree with this analysis? If so, keep on reading...
Now this can lead to a continuation, or a trend reversal.
I have spotted three points of interest, waiting for a confirmation, before starting a long/short position.
What is your opinion?
Which of the three exit points do you see as more probable?
EURJPY Continuation TradeHi Traders,
I am looking at a very simple setup on EURJPY today, We have basic price action creating lower lows and lower highs, Price has also rejected the current resistance level and I would like to see the continuation to the downside,
I would 1st like to see the current h4 Candle close Bearish, Once this happens I would monitor the next h4 candle to see if price will continue the bearish push.
Keep in mind that tomorrow we have the FOMC and this may affect how price moves tomorrow so be prepared for anything. My target would be around 139.0 On this pair and would expect even further push down. For now, let's see how price plays out.
Renaldo Philander
GBPNZD I It will move downward + 200 Pips Welcome back! Here's an analysis of this pair!
**GBPNZD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy