EURUSD : BULL Market Coming FX:EURUSD
Hi , Trader's Our last Analysis Hit Target
Now Market is retesting it's major support level
Buyer's Can gain momentum and push market up from Current level
Once candle closes above 20,50,200 ema which is on same point almost , can boost market up
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Emacrossover
3 DAYS EMA100/200I have already mentioned that EMA100/200 cross
on a large timeframe is a more stubborn thing than the same MA 50/200.
It's been a very long time since I posted a TOTAL2.
We have 4 crosses in history on this t.f.
1. Golden received in March 2016. The cycle to the next cross lasted 1030 days.
2. Death cross received in January 2019, the cycle to the next cross lasted 554 days.
3. Another golden cross in July 2020. And almost 800 days to the next red point.
4. Death cross received in September 2022. It's just been 152 days.
I have to tell myself something about why all of a sudden
a new golden cross should be received during the spring?
I'll just open a beer for now.
CGD | Elliott Wave Analysis | Triangle Breakout +30% UpsidePrice action and chart pattern trading:
> The current price crossover above EMA200 with squeezed symmetrical triangle pattern.
> A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside
> Entry@EMA200 zone
> Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside
> Stoploss @ right shoulder pattern wave b position -8%
Always trade with affordable risk and respect your stoploss
Asian Paints Long TermTechnical Analysis :
-- Strict Stop Loss = 3077
-- Target - 1 = 3387
-- Target - 2 = 3625
-- Target - 3 = 4232
-- Strong support at 2786.
-- Touching 55 EMA
Fundamental Analysis :
-- Current price is more than the intrinsic value
-- Maintaining a healthy dividend payout
-- CAGR: 10 years - 22%
-- Cash Flow is negative
-- ROCE : 27 %
As the PE ratio is a little high compared to the Median PE i.e 68.8. So keep on investing in a small amount
GBPCAD weekly breakdownHello hello! After a bearish year for GBPCAD , it finally shifts on a weekly perspective, breaking the Moving Averages & EMAs finally crossed. For the past 3 weeks we saw a strong impulse on this pair, now waiting for a slow correction that can be followed by another strong impulse upwards. Moreover, the Commitment Of Traders data shows confluence on this analysis, GBP becoming stronger while CAD weakening.
We now have to wait in order to see a correction, and only after that we can be looking for an entrance!
NASDAQ 100 PREDICTION FOR 14-11-2022 Dear trader our prediction for today depend on the the chart analysis 1h , d , 15m
We find the price had moved up a lot without correction and now it make a consolidate for correction in important resistance the price try to break it many time but can't so if the price still not break this resistance then ,, we advice you to be ready to take short position until next support as you see in the chart
Also all the indicators give us same analysis
Be careful today the market not clear until now
GDX gold miner ETF setting up LONGAMEX:GDX
Based on the 4H chart as well as the price action of spot gold
using an EMA ribbon cross-over as well as the volume profile,
I have set up a long trade with two upside targets of about
10 and 20 % upside respectively with a stop loss of about
4% which would be adjusted as soon as the price rises above
$ 27 to move the stop loss to the entry price making for
a breakeven free trade after that. Overall, spot gold
is sitting on support with a bullish RSI divergent pattern.
I also see GDX as a candidate for the intermediate term
call options out of the money about 15% above the current
price being between the two targets.
TIEwatching res lines and interaction with TL. DMI looks pretty good though not overly bullish yet. 21 ema about to cross above the 200
BABA LONGKeltner Channel is looking upward which is typically a good set up for long position.
RSI just bounced back from level 50 and is going to cross the signal line again. Hopefully aiming for the overbought zone.
MACD seems to be losing strength but always above the signal line.
Moreover having a look at EMA we can see that 6EMA crossed up 18EMA which crossed up the 50EMA. It could be a hint bullish momentum.
Stochastic and Bollinger bands seem to confirm previous situation.
We put the entry price above yesterdays closing price just to have some margin because of the premarket price which is at 106.6 at the moment while writing.
ENTRY: 107 YELLOW
SL: 100.73 RED
TP: 119.5 GREEN
[Signal] AUDUSD: Bear-ing on Growth
Pair: FX:AUDUSD
Timeframe: H4
Direction: Short
Technical Confluences for Trade:
- Price action went below mid of Parallel Channel
- Stochastic Overbought momentum
- Wide EMA gap
- Resistance ceiling can be seen at the previous high levels
Fundamental Confluences for Trade:
- Growth outlook is slowly weakening across the globe due to high prices
- Weakening purchasing power will sap demand for commodities and Australia is considered as a commodity currency
Suggested Trade:
Entry @ Area of Interest 0.7200 - 0.7250
SL: 0.7291
TP1: 0.7110
TP2: 0.7065
RR: Approx. 2.27 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
TQQQ Wants to "Get up!" the Charts Like James Brown's "Get Up" TQQQ Wants to "Get up!" the Charts Like James Brown's "Get Up"
Patterns Identified- Double Bottom and Falling Wedge. Both patterns show on the weekly, daily and four hour timeframes!
Day Low- 31.76 (This is where the double bottom rests)
9MA recently crossed above the 21 MA on the daily timeframe.
Therefore, I am bullish on TQQQ and prepared to dance to "Get Up" like JB if my analysis proves true.
I will enter a swing position for a move to the upside AFTER after a break above 33.49.
"Get Up!",
MrALtrades00
Comparison of BTC bear markets (2015,2018,2022)There are 3 charts of the BTC/USD Index where you can see 200 days EMA - blue line (moving average exponential) and 365 days EMA - black line. In all three scenarios, we can see the crossover of both EMAs which means to be a very strong bearish signal.
In 2015 after the beginning of the second BTC bear market in DEC 2013, we got an 85% drop-down in the price and it lasted 403 days. After the bottom in JAN 2015, BTC tried to recover and it was showing a nice buying power but bears were fully controlling the market at that time and BTC declined again in AUG 2015 where was created a Double Bottom figure.
But most interesting for us is that after the crossover of 200 and 365 EMAs the price decreased by 53% in NOV-DEC 2014.
2018 was a third bear market which started in DEC 2017 with an 83-84% drop-down in the price and it lasted 362 days. In this cycle, we can see the same situation with the crossover as in the second bear market.
In the present time on the chart, we got exactly what was previously twice and it could lead to a new strong movement down to 13000 - 14000 price level.
May the profit be with you!
Economic Bubbles and EMA 100/200 seems to be playing outThe Ethereum chart seems to be following the analysis provided at April 7th where the 20 EMA dropped down below 200 EMA and is continuing downwards towards the 100 EMA and the 50 EMA signalling continuation of this analysis provided on April 7th.
ETH has so far dropped from April 3rd to its point now by 17% and from April 7th by almost 10%.
This is not financial advice.
RUNE/USDT double top playing out The RUNE/USDT has showed a double top pattern on the 4H chart and is likely to play out on the longer time frames.
This follows a likely price drop from 9.29 USDT to 7.38 USDT. A drop in 20%.
This also follows a rejection from the EMA lines and the RSI shows signs of being overbought.
Here has the analysis showed sign of playing out on the daily time frame.
No financial advice.
2022-04-07 OPULUSDT Finding a Bottom & Looking to LongSome thoughts on OPULUSDT:
Daily: showing signs of a change in fortune. 10/20 EMA cradle has turned bullish.
12hr: looking very positive as well. Broken through the 100EMA and is retesting the 10/20EMA for a new support level.
4hr: Couple of shots of the 4hr showing possible targets if the $1 boundary (black line) is broken.
1hr: Showing signs of needing a bit of a cool off on the lower timeframes. I've marked areas of interest for taking a long entry.
Economic Bubbles and EMA 100/200Here is an BTC analysis of the current price drop, and based on the Theory of Financial Bubbles can we spot three bubble ish formations in the past years.
The three points in time this analysis sees are the bubbles in 2018 when the price drop followed by a pump to the upside, not as high as the previous high but this was followed by a drastic drop
The market followed the economic bubble theory with a peak which followed by a price drop, by the time the price started to stabilize itself did investors take profit and the price crashed into a panic sell off.
The second point in time this happened was the start of the Covid pandemic which caused the price to follow this same movement to its low.
Now in 2022 can we see this similar movement where the price has started to drop which will continue downwards and after this initial downtrend will the price pump slightly upwards where investors take profit and after this pump will the price crash. Following the Financial Bubble Theory.
Something we trader also need to take into account which may confirm this analysis is the movement in in EMA 100 which during these three points in time crossed down below the EMA 200.
Entry Price: 3200 USD
Target Price 1: 2500 USD
Target Price 2: 2100 USD
Target Price 3: 1700 USD
When taking this position do we need to focus on the initial drop and when the price pumps upwards do need to take into account for the downwards sloping resistance line, if the price breaks the trend line to the upside is the trend likely to reverse and do a final longer push.
This assumption is less likely to happen, as the general price trend is a take profit zone before the price hits the panic zone and its final drop off.
This pump from the initial low may have already happened in the case of BTC, which we did not see in ETH yet. Meaning that the price now touched the downwards sloping resistance before continuing downwards.
Together with a negative price strength, an EMA 100 below the EMA 200 and the price doing its second pump into the take profit zone before the drastic drop can we build a theory which looks negative.
This is not financial advice.
Economic Bubbles and EMA 100/200Here is an ETH analysis of the current price drop, and based on the Theory of Financial Bubbles can we spot three bubble ish formations in the past years.
The three points in time this analysis sees are the bubbles in 2018 when the price drop followed by a pump to the upside, not as high as the previous high but this was followed by a drastic drop
The market followed the economic bubble theory with a peak which followed by a price drop, by the time the price started to stabilize itself did investors take profit and the price crashed into a panic sell off.
The second point in time this happened was the start of the Covid pandemic which caused the price to follow this same movement to its low.
Now in 2022 can we see this similar movement where the price has started to drop which will continue downwards and after this initial downtrend will the price pump slightly upwards where investors take profit and after this pump will the price crash. Following the Financial Bubble Theory.
Something we trader also need to take into account which may confirm this analysis is the movement in in EMA 100 which during these three points in time crossed down below the EMA 200.
Entry Price: 3200 USD
Target Price 1: 2500 USD
Target Price 2: 2100 USD
Target Price 3: 1700 USD
When taking this position do we need to focus on the initial drop and when the price pumps upwards do need to take into account for the downwards sloping resistance line, if the price breaks the trend line to the upside is the trend likely to reverse and do a final longer push.
This assumption is less likely to happen, as the general price trend is a take profit zone before the price hits the panic zone and its final drop off.
This is not financial advice.
$SOL Swing Long Breaks Through Downward Wedge (TP Targets)Congrats to those who did enter Solana as it nearly retraced exactly to the 0.5 fib level.
This breakout has the potential to go move back up to the $250 zones. With the 20 EMA close to crossing over the 50 EMA and 200 EMA, Solana can potentially range between $500 to $1000 In the next upcoming months or year.
Those who entered around the 0.5 level, maybe slightly higher, or even on the break out are now over 60% in profits.
Targets for $SOL: 111.10 - 125.26 - 143.83 - 171.48 - 208.23 +
SL: Move your stop losses to 97.5
We could potentially see a move down to the 100 - 110 area however if the daily closes above the 200 days EMA, expect SOL to continue moving up even higher than its current price.