DAY
Bullish on PTON (This is not financial advice)
Hey everyone this is a great swing, long term, or day trade play on Peloton. Overall I am very bullish on the stock and really like the company and have played it many of times before. For this play I am currently charting it for more of a swing or long term play because I am looking at the fundamentals of this company to look at adding it to my long term portfolio.
I like this play because we have seen good rally over the past few days after a strong dip down from its ATH from the pandemic. We are currently in a head and shoulders and I have highlighted my current buy zones. We see a good buy on the MACD that looks similar to what it looked like before the previous jump. I also set up some short term price targets and resistance for swings. For day trades I mean the whole market is rallying right now is bound for a small correction soon and a very sizeable one in the near future. I do see PTON continuing this rally for a little bit long though so I can see some day trade plays working. Back to the long term the EMA's are just about to cross back under allowing for some new supports and more confidence for the bulls. People are worried that because this was a COVID play we will see a dip as vaccines roll out but I can see gyms buying this equipment and some of Pelotons new features like there watch will be awesome for the company. We see the price average on the volume portfolio moving up which allows for me to be even more bullish.
If you agree or disagree be sure to leave a comment as well as follow if you like my ideas.
Thank you!
- Vlaire
LONG POSITIONUSDMXN ; TECHNICAL
FORECAST:BULLISH
We can see a simple head and shoulder pattern forming on USDMXN pair which we can see price bounce off that support level of (20.5297) zone
with a target around (21.6299) psychological Resistance zone
If you find this helpful and want more FREE Updates on TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
1_GFX English Support Team ❤️
Market update Just some market updates om EURUSD USDCHF GBPUSD.
If you find this helpful and want more FREE Updates on TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
1_GFX English Support Team ❤️
AUDUSD PRE-MARKET ANALYSIS MARCH 14, 2021OVERALL TREND: BULLISH ON DAILY AND WEEKLY
As we can see on the 4H TF, the market is at a corrective movement following a slight uptrend across a major key zone.
Taking into consideration we broke into newer lows shown on the vertical zone.
We have 3 options to go from here.
Either price hits and retests zone 1 which acts as resistance to push the market down, breaking the trendline towards the downside, and hits the support level zone 3 which is a strong support level, and continues bearish.
Depending on where the market goes, we have a short opportunity at key zones 1, long opportunity at key zone 2, or both a potential long or short entry at key zone 3, depending on what price shows at the 1H TF.
ETHUSDTETHEREUM / USDT D
As you can see, the rising trend of currency prices in the last month has been able to break the ceiling of its life channel and has managed to set a new record in prices.
But it has not been able to cross the 2000 mark, and this has caused it to fall to the 1400 mark, which is the ceiling of the currency life channel, which has become a strong support here.
Now he is trying to return to the 2000 range again and different scenarios are waiting for him.
1- Breaking the 2000 official range and reaching the 2500 range
2- Creating a neutral trend between the range of 2000 and 1400
3- By hitting the 2000 range and falling again, the market will notice the double-top pattern and intend to complete the trend, in which case breaking the 1400 range will reach the 1000 range and we will have a price drop.
CHFJPY H1 - Long Trade SetupCHFJPY H1
The pair we were watching closely yesterday, caught a great close on that yesterday before seeing rejections, hopefully we see something like this unfold, very much what we saw yesterday with CADJPY.
Eastern corrections following by EUR/LON continued bulls, same goes for EURJPY. CHFJPY isn't correlated like those other pairs so much because of risk holdings, but something to note no doubt, YEN is NOT performing well.
Reddit army set sights on Silver!News this morning out on CNN that Reddit mania is now focussed on Silver. This is an ambitious move as playing with silver is a dangerous game. The reason being that it's a global market, with powerful players, with deep pockets. Having said that, it will be interesting to see a global mobilization of Reddit and other activist trading groups and if they are able to exactly exert real market pressure on markets at scale globally.
Either way, silver looks set to be a long day trade according to both the intraday technicals as well as the primary driver being the news and hype on Silver. that will surely develop over the trading day.
Caution: Big chance of high volatility and sharp reversals. :
Day Trade Idea: Silver Long 29.550 - 29.750 +
!. Technicals very bullish on intraday charts
2. Reddit army seems to be targeting Silver
3. Cnn has a headline front page about the above.
4. I think that will mobilize Reddit mania.
This is not advise to trade or enter any position based on my analysis.
$SNRY looking for lower entry, Sky High(fm @DeadShadow781)
Solar Energy Initiatives, Inc., together with its subsidiaries, markets and sells solar power products, systems, and services in the United States and the Caribbean. The company primarily designs, markets, and sells solar power systems for residential and commercial customers; and designs, markets, sells, owns, and operates solar power systems for municipal and commercial customers, as well as designs, develops, and manages solar parks. Its products include photovoltaic panels, photovoltaic roofing systems, solar thermal products, balance of system products, and management system products. The company was formerly known as NP Capital Corp. and changed its name to Solar Energy Initiatives, Inc. in September 2008. Solar Energy Initiatives, Inc. was founded in 2006 and is based in Cary, North Carolina.
AUDUSD DAY price reversal pinbar sellHello Traders. AUDUSD DAY price reversal pinbar and rsi divergence.
Opportunity comes down to the important support zone.
If you find this analysis useful, please support me with your likes and comments.
If you have another analysis at this pair, please share in comments.
Good luck.
Banknifty EXPIRY DAY RANGE - 3 possibilities Bank nifty expiry range is being developed considering three possible scenarios- Opens Flat, Gap up or Gap Down. Two cases out of three must be bullish biased while the gap down would make the bullish nature slow and can lead to sideways movement.
Consider your SL , can do strangle options selling . Close positions around 1:30 , STRICTLY before 2 pm. Violent spikes is natural on expiry day at the end.
Gold Looking for shorts around 1874 zoneHello Guys, This is a quick break down of the pair and my perspective on the market, let me know in the comment section below if you have any questions, what you would like to learn from me, or anything of value that you wanna share,All entry will be based on multiple confirmation as stated on the videos, I suggest you keep this pair on your watchlist & use proper risk management.
Follow me for more updates here!!
NVIV: Trade Alert Should be a good one. NVIV @ 12/3/20 Currently sitting about 2x avg 10 day vol.
*Indicators and Tools used*
-Zig Zag
-Pivots
-Vol
-MACD
-Super Trend V1.0
-Trend Line
-Triangle
-Date and Price Range
*Please like if you find this post useful*