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Allianz (ALVD) Breaking All-Time High – Stocks - DailyCAPITALCOM:ALVD Taking a look at Allianz (ALVD) on the daily chart, we can see that it's reached an all-time high that it hasn't seen since February 2020. Once reaching its peak in February (at the price of approximately 231), it reversed and dropped straight down to 116 in a matter of days. It took two years to recover, and now it is hovering at 231 once again. The analysis shows the extended downward trendline from the high point in February, moving across the peaks in June 2021. If the price was still below this line, I would be inclined to consider it still in a downtrend. But using the 1-2-3 change method and having the price close above this line of resistance, we can assume that it is in an uptrend now. An upward trendline marks the movement from the falling price back in 2020 along the valley of the price through September and December of 2021. Currently, the price is on a massive incline uptrend, which is enhanced by an upward tightening wedge. Using the Fibonacci retracement, we can also see that there seems to be a partial rise indicating that an upward breakout is imminent. If the price breaks through this barrier, then there are no resistance levels standing in its way. This could mean that price will climb to a new all-time high but determining where that is could be difficult. The long option here would be to set your stop loss below the Fibonacci retracement level of 38% and then go for a solid 5% increase in price from the breakout point (which is 232 about). This would yield you a reward ratio of 2 to 1. It might not be the most considerable trade, but you could run with the breakout and see where it goes. One of the negative factors I would consider is that selling pressure on the previous valleys has been very high compared to the averages. Moreover, the last time the price reached this level, it plummeted. Thus I would wait for the price to close above 232 before going long.
CAPITALCOM:ALVDLong
by DevlonJarrodHorne
Daily SPY Update BaybEE!TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you. Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns , and interpreting of where the market is going. TraderMan PennyPorkChop Focus incorporates - Specialized Analysis - Exchange and market Education - Pattern and Pattern Analysis - Market Psychology - and Trading Mental Health. 👉 If you enjoy this video, Please like and share it. 👉 Don't forget to subscribe to this channel and press the bell 🔔 for more updates. SPY Stock Analysis - S&P 500 SPDR ETF Stock Price Prediction for Tomorrow We go over the SPY stock - S&P 500 SPDR ETF stock, and give our stock price prediction on the SPY stock, our SPY stock price analysis, and stock price forecast on SPY for tomorrow Fri February 4th. SPY STOCK: THIS IS A SPY STOCK PRICE PREDICTION, SPY STOCK PRICE ANALYSIS, AND A SPY STOCK PRICE FORECAST VIDEO. . My Ideal Views are looking for new ways to think about Trading. . No BS Technical Analysis that works, period. . Day Trading and Swing Trading. . New Traders Welcome. .Swing Traders Welcome. . You get Daily SPY STOCK pre and Post Market and the Price Spy ETF price predictions Weekend editions. . TESLA stock along with TESLA share Price including Tesla After Hours. DISCLAIMER: No financial advice, the information on this channel is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information contained in or provided from or through this channel is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The information on this channel and provided from or through this channel is general in nature and is not specific to you the User or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this channel without undertaking independent due diligence and consultation with a professional broker or financial advisory. ____________
AMEX:SPY
by PorkChopPenny
2
USD/CAD - Study purpose only**IT IS NOT INVESTMENT ADVICE** Hi guys, It's just a publication for studies of my trade system that I am testing. My projection is a up trend on usd/cad because he does a up trend in short term and struture in long term. I'm looking to buy this pair until it breaks the higher high and higher low in the short term trend (Up trend). I am posting it here just to study my perspective over time and it is not a investment advice. No one can make money by taking ideas here from tradingview because entry is just a part of making consistent money. We need to know what we are doing, manage the trade/risk and be strong with psychology. Just look at this idea to see what happens and why I did it. Don't invest by taking someone else's idea because you don't become an investor by doing that!
Long
by Forex-Lucas
GBPJPY: Inside Bar Breakout 4-2-2022GBPJPY – SPOT GBPJPY: Inside Bar Breakout 4-2-2022 Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter). The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you on this market). Potential Trade Idea: We are still considering buying if price pulls back to the current Inside Bar Breakout area.
Long
by UnknownUnicorn393254
1
EURO Rate Hike Expected on Feb-3-2022 /// Currently Jan-31-22We have seen a news release come out on forex factory around NY open about the expected Interest rate decision by the Bank of England. It turns out that it is indeed expected of the BOE to raise interest rates for the second time in a row. This has not occurred since 2004. This is positive news for the EURO as inflation is not necessarily a bad thing. The cost of money goes up in England, because apparently the economy can handle it, in the eyes of the BOE. This is why it is positive. But personally, I don't hear about wages going up a whole lot. Workers are the backbone of the Economy. Bit concerning. Unsure where price will go from here. Not going to be doing much EURUSD trading as we lead up to the IR announcment on thursday. I'm leaning Bullish I would like to see the Daily candle close solid bullish , as it looks to close in 1Hr, (our first daily close of the week) This would begin our fakeout structure here on EURUSD on the Daily Timeframe
Long
by ShrewdCatfx
11
Tesla OversoldTesla Daily Chart The last few times, the RSI on the daily chart went under 30, it signaled the bottom of the downtrend, as well as a reversal to the upside. I suspect Tesla could go down to $780 (Next Major Support) before bottoming out. The RSI hasn't yet gone under 30, but it is very close. I also use the De-trended Price Oscillator to help Identify tops and bottoms. On that indicator, it is currently signaling that we are likely near the floor of this fall. Im guessing 2022 will be a bumpy year for stocks in general, and we could see short-lived, but volatile swings in both directions.
NASDAQ:TSLA
by NicoDaCheeko
Albemarle (ALB) Is Currently At 205; Wait For Retracement At 215Last week I suggested shorting Albemarle (ALB) if it pushed through the many levels of support and closed below 215 in price. Technical analysis in the form of chart patterns like descending triangles, double tops, multiple downward spikes, an increase in volume on the uptrend, and the Fibonacci retracement along with a close below a long-term upward trendline suggested that it was poised to fall. We couldn’t for sure confirm that it was in a downtrend because it had not yet been established with the 1-2-3 method. There was also a large head and shoulders pattern that was not confirmed. However, closing at 211 (price) on the 24th of January confirmed this pattern. Your profits would have been massive if you had jumped in short 215 as I suggested and placed a tight stop just above one of my resistance levels (between 216 and 219). A bailout when the price reached its floor of 196, anything between 4.5 and a 9 to 1. Take into consideration that all the confluence pointed to a massive drop, and in these situations, I like to keep my stop-loss tight to maximize profit-taking. It is risky, and there is a chance you may get stopped out, but that occurs with every trade. I was spot on in this scenario, and a 9 to 1 win is a pretty sweet deal. Now, if you missed the trade and are kicking yourself (and you should be), don’t worry because the retracement is in progress. Using the Fibonacci retracement again, we can see that the 38% level is at 215, exactly right up against all those resistance (former support levels) levels. It is highly unlikely that Albemarle (ALB) is going to recover from this price drop in the next couple of days. We can now be on the lookout for a symmetrical triangle (created by the new low at 196) and a possible channel establishing the downtrend further. If you are brave enough, you can put in a limit at 215 and place your stop-loss at 216. If prices drops to 196, your profits will be 19 to 1. Remember that besides having all the resistance at 215, 215 is a round number where many traders are possibly holding their position. This means that price will most likely find it difficult to move higher. This also means that the price may not hit 215 because of the number of traders who have shorted there, so it's better to get in at 214. A healthier (and smarter) trade would be to put your limit in at the Fibonacci retracement level of 38% (price 215) and put your stop-loss above the 50% Fibonacci level (price 221). This will give you ample stoppage room and space for the trade to breathe when it attempts to retrace to its highs. This will prove difficult because of all the resistance in its way, though. Take into consideration that price may push to the Fibonacci 50% or 62% levels because of the channel forming before the drop continues.
CAPITALCOM:ALBShort
by DevlonJarrodHorne
Bitcoin Trading Zone Range on the Daily ChartA lot of questions whether Bitcoin is going to go up or down, by making a trading zone on BTCUSD, finding the support and resistance levels, should give us a good idea if when BTC hits to a certain price if it'll shoot up or down, so I did that, pretty standard, if the price of Bitcoin goes below our support level (first blue line price labeled as 33047.89) we should see a huge wick down that will smash all of our take profits. Same goes for our resistance level (first orange line price labeled as 38127.67) we should see a huge wick up that will smash all of our take profits.) But as always, my rules are Buy at support and sell at resistance, so while Bitcoin is stuck in our range we can trade in-between it. If any candles touch our resistance line (our orange line) we would immediately get into a sell as it would be hard for BTC to break through resistance level, BUT if the time does come when it will break, you would take the loss on the sell (30-50 pips) and reverse the trade and get straight into a buy and ride the trade to our TP's. Same goes for if any candles touch our support line (our blue line) we would immediately get into a buy as it would be hard for BTC to break through the support level, BUT if the time does come when it will break, you would take the loss on the buy (30-50 pips) and reverse the trade and get straight into a sell and ride the trade to our TP's.
BITSTAMP:BTCUSD
by CoverchefsFX
NQ Power Range Report with FIB Ext - 1/25/2022 SessionCME_MINI:NQH2022 - PR High: 14499.25 - PR Low: 14402.75 Evening Stats (As of 1:11 AM) - Gap: = N/A - Session Open ATR: 406.37 - Volume: 97k - Open Int: 242k - Trend Grade: Neutral - From ATH: -15.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15550 - Mid: 15247 - Short: 14360 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQH2022Long
by mv3trader5
EURCAD Approaching ResistanceWelcome back! Here's an analysis of this pair! **Bulls are showing strength! After the aggressive push from 4100 demand zone, we expect it to reverse at 4325 area to potentially form a flag near 4240 zone. From here, we could see more upside potential. Where do you think EURCAD is headed? Let us know your thoughts in the comments! Please support this idea with a LIKE 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
by BKTradingAcademy
1
#BETA, Enter now for a potential +61% profit?A quick look at Beta (#BETAUSDT, 1D, Binance): According to CoinMarketCap, "Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets." The price has been trading in a descending wedge since its launch but may have found a support at the current level. Main Points If the support level holds, price may trade within a very profitable range. However, further drops cannot be crossed out considering the upcoming 2.5% increase in token circulation expected in February, according to Beta Finance's release schedule. Strategy TP1: $0.63 TP2: $0.768 SL: n/a(*) Additional Reading If you want to read more about Beta Finance on CoinMarketCap, click here . What do you think? Any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! (*) I do not use Stop-Loss for the simply because that I do not margin trade, and I trade only assets that I do not mind keeping long-term should the price suddenly crash. ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Check them out! Needless to say, this is not financial advice!
by BitfulMind
11