GBP/USD Swing Trade Idea - Possible Retest on 1.26850GBP/USD Swing Trade Idea
Looking to retest 1.26850 and bounce down to 1.17150.
Good luck! And remember, this is just an idea.
Dailychart
U.S. Dollar / Swiss Franc
Still in a downtrend on a daily and weekly basis
Will the support hold at 0.93760?
On a weekly basis the 100 MA will cross the 200 MA in the next days
Will the dollar test the low from 2018 at 0.91876?
My view is that the dollar will be still under pressure against Swiss Franc and that we will break through the support at 0.93760 and retest the lows from 2018
BTCUSDT 4H | Bitcoin market overview: ShortHello, dear subscribers!
In the last review we considered the main bitcoin market situation - a flat with local support - $9,170.
Currently, the price of bitcoin is $9,160. On the four-hour chart, we have fixed below the local support at $9,170, which indicates that the main priority at the moment is the short.
On the daily chart we see that a signal for the bitcoin price decrease is formed on the MACD indicator.
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Swiss Performance IndexDaily Chart on the left side
After the drop it had nice recovery, followed by a sideward movement which the index left in the last days
Passed through the resistance at 12’556.21 (horizontal line) and at 12’572.12 (76.4% Fibonacci Retracement)
Golden Cross a few days ago
Weekly Chart on the right side
Uptrend since a few weeks
50 MA turned back upward
It looks as if it will soon reach its high of 17 February.
NEOBTC broke a daily structure 🦐NEOBTC broke a daily structure, we are waiting for a retest or a daily close.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question .
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
SPY fake sell off todayIf you look at the MACD from previous periods it looks like, comparing to previous MACD bull runs, we are just getting started.
Todays sell of was definitely one to scare off the bulls but we are hitting resistance and going to recover
if you look at the 4 hour MACD we are barely going to flip the MACD to bullish and the AO indicator is already showing signs of bullish movement
Plus we still have to close the gap made right before the drop of Feb 19 around the $330 area
IF there is a real sell off it might be when we hit the $330 level soon or around August
doesnt seem like we are going down any further
Bullish until Q3 and possible $400 SPY by EOY
EUR/USD Analysis Hello Traders, here's an analysis of this pair. Red is sell zone, yellow is take profit, and blue is potential buy zone.
Entry, take profit, and stop loss will be provided inside of the academy for all members once entry criteria is met.
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ADAUSDTIf you got into ADA back around June 27th and held until the most recent top then you've seen 80% + gains, in 11 days!!( I missed it.) I won't miss the next one. If the next pump is even half of what we just witnessed then we should see a pretty good return by July 20th ( around 40%+ gains!) It looks to me like the bottom is in and the price has bounced off of the .382 fib level. If bitcoin continues to stay relatively healthy for us I believe this plays out extremely easy.
EUR GBP - channel - potential to breakHello traders and analysts,
Here is our take on EUR GBP
COT report:
Long Short Total %Long %Short
GBP 31,267 45,396 76,663 42% 58%
Euro 174,258 86,043 260,301 67% 33%
Technicals:
We have a good opportunity here to break the trendline as the top of the channel was rejected
However - weekly level has not been tested, so we still have an opportunity for a false break and back up.
Rising wedge is forming - where price can reject from the top.
for this trade however we are in short.
Add buy positions if a fakeout of the channel occurs as the channel will create a lower high.
Fundamentals
Coronavirus in the EU and UK - both showing cases in respective countries,
Euro stimulus package has not been agreed so can show signs of strength of GBP if this fails to transpire.
Brexit talks - will send the pound with huge strength once a deal is reached - inverse will send EUR to almost parity if talks end and no deal is reached
Keep a watch for manufacturing orders in Germany and any causes for concern within France, Italy, Germany and Spain which can drag data components down.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
A Nice Short Opportunity Forming for EURGBP (Daily Timeframe)Hi all,
Hope everyone is okay, been quiet for a while as been busy backtesting and not taking any live market trades. Been using my top-down analysis, and have seen a possible short for EURGBP. As you can see, regained strength after a sharp downfall, however it has a high possibility that it could break the trend it has made, and make a further fall to the downside. I will be waiting for price to break through this trend, and see how it acts before entering on a trade, but is something that is on my watchlist.
Let me know your guys thoughts.
*Please note this is my own personal analysis, and I strongly recommend that you carry out your own analysis before executing a trade. Please do not take this analysis as gospel.*
Cheers Dan
BTCUSDT 1D | Bitcoin market overview: Bullish strike or fakeout?Hello, dear subscribers!
In the previous review we considered the possibility of a short when the bitcoin price moves in the current price channel.
At the moment the price of the bitcoin is $9,270, it is at the upper limit of the channel. When the day closes above the price channel, we can enter the flat area $9,300 - $9,600. In this zone, the bulls and bears will fight for the formation of the next price trend. In this case, it is better not to have a short or long position before the competition between buyers and sellers.
It is also possible to form a fakeout in the next two days in order to scare sellers and force buyers to take a position and then send the price down.
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BTCUSDT 1D | Bitcoin price overview: $8,250 or $7,300?Hello, dear subscribers!
In the last review we considered downtrend as the main possibility of bitcoin market trends.
Today we will consider the daily chart. Starting from June 1, we see the formation of falling price peaks, which suggests that the bulls have less and less strength to raise the price. The price is in the descending channel, and as long as it is inside it, bearish sentiment will remain in the market.
The MACD indicator is in the negative zone, RSI is steadily declining and is far from being oversold, which indicates that the downtrend is still going on.
At the moment the bears' target is the lower limit of the channel - $8,250. If the bears succeed in moving forward, the next target will be $7,300. As practice shows, a break of the descending channel downwards may trigger price movement downwards by the width of the initial channel.
The actual position at the moment is selling the bitcoin or short position with targets $8,250 and $7,300.
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AUDUSD Daily chart : Short ideaOnce the candle closes below the mentioned level, it gives me the confirmation to enter the trade.
SPX Bullish Daily Chartto be super general we are in a range. 3200-3000. wont be much action till we get a break either way. Bullish until a new chart comes out stay tuned
AUDUSD LONG - Head & Shoulders BottomBUY SIGNAL.
Head and Shoulders Formed on 1D after Bearish move,
signalling reversal if pattern completes.
Right Shoulder forming, CTS Score of 5 as follows:
RSI Divergence on 4HR - 1 CTS
Left Shoulder at Major Structure. (3+Tests on DAILY TF) - 2 CTS
Right Shoulder at Minor Structure. (3+Tests on 1HR TF) - 1 CTS
Strong Pivot point of 0.55000 present at head level - 1 CTS
ENTRY SIGNAL - Doji on 4HR Followed by HHHC.
BUY STOP SET 5 pips above neckline.
Targets taken from EMM but shortened to fit to strong
1.618 Fib extension and structure.
Stops 1ATR below right shoulder.
Shoulder may continue to form to the downside before reversal so even though my STOP Order Set I shall Reassess DAILY
AUDUSD Daily chart : ShortEntering the trade if the candle closes below the mentioned level.
AUDUSD and NZDUSD charts are correlated. Therefore a similar pattern will form on both charts.Refer to the NZDUSD daily chart.
EUR AUD - long game incomingWe are waiting for the break of our trend line - as the Euro is gaining strength and the Aussie has some strong shorts against it.
What can we see technically?
- Daily bearish,
- weekly bearish
- bounce from the demand zone purple zone.
- we can see the trend beginning to add long positions.
- we have made higher lows - showing the correction
- now in a consolidation zone with some great wicks formed.
Where to enter?
Follow your plan
But for us, we are waiting for a double bottom or a break or wicks to be tested on a lower time frame.
Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced.
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment.
Thanks,
Team Lupa.
GBPNZD Swing Long IdeaDaily chart.
Price is obeying the ascending transagonal support line (blue dotted line).
Fine tune your entry on a lower time-frame (240 or 60).
1) R/R = 4.42%
2) R/R = 7.91% (for a more aggressive trade).
