EUR/NZD - SHORT oppotunity !Hello trader,
Nice week and profitable deals 💲
EUR/NZD 4h Chart 📊
In my opinion, the ECB will keep lowering rates !!
Investor fear will further weaken the EUR !!
Technically we are at 0.382 of the last downward movement, IMO we are based on the SMA 200 4h and the POC !!
I will trade this breakout and use Fibos as TP and target 🎯
My SL is in the chart !
I want to mention that everything I post is just options and my own opinion!
Always trade with SL and do not risk more than 1% of your portfolio (max. 3%) per trade.
If you have any questions, please let me know
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Trade save !!
Fib
$STRN – SI 59%Stran & Company, Inc. provides outsourced marketing solutions. It offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings. The company also provides creative and merchandising services; warehousing/fulfillment and distribution; print-on-demand services; kitting services; point of sale displays; and loyalty and incentive programs. Stran & Company, Inc. was founded in 1994 and is based in Quincy, Massachusetts.
$BIRD – SI 45%Allbirds, Inc. manufactures and sells footwear and apparel products for men and women. It offers shoes, such as running shoes, everyday sneakers, high-tops, slip-ons, boat shoes, flats, weather repellent shoes, and sandals. The company's apparel products include activewear, tops, bottoms, dresses, sweaters, underwear, and socks. It sells its products through its retail stores in the United States and internationally, as well as online. Allbirds, Inc. was formerly known as Bozz, Inc. The company was incorporated in 2015 and is based in San Francisco, California.
$BTCUSD Levels of strong local supports$BTCUSD Levels of strong local supports
Heavy pump is to be expected if last resistance zone breaks
STRONG SUPPORT:
1- 0.786% FIB LEVEL
2- 200MA SUPPORT
If it breaks Support levels of 40k, it will be in a stagnation phase for awhile
Bitcoin is downtrending once again and if these local support levels break, we can expect dump here to range of 32-40K support that is the last daily/monthly support left and if 40K support breaks Bitcoin will be in an extended stagnation phase due to Omicron
But as we can see price is near strong local support and technically price can pivot here or at least more pulsations within these local ranges here is to be expected.
Main support zones are now:
1- 0.786% FIB LEVEL
2- Local support that was retested broke previous trendlines (light neon blue zones on the chart).
BTC HTF LOG + Fib TimeThought this was an interesting view of BTC in HTF on Log with a Fib time that appears to line up nicely.
Based on current PA, don't believe it will hit bottom of the channel. However, $20K-$23K level is looking potentially ripe for a bottom, before another parabolic move upwards for ATH over long term.
Would prefer BTC to move down sooner than later. This to me would indicate a stronger long-term bullish market, imo.
MATIC LongIt has just emerged from a pattern it has been in for a long time and exit the trend in RSI confirms us.
We can be sure if the daily candle closes at the same price or higher
Because not much volume is entered, it can be a false exit or it will pullback after complete exit .
after the pullback, it can grow up to 4 $ and then prepare for the next tergets.
Possible BTC bottomHello everyone,
Today I would like to go through a scenario with you in which the Bitcoin may have found a possible bottom.
This view opens up to me, since the wave cycle for wave C seems to be complete if counted more precisely. I am assuming that waves 1 and 3 are similar, which is why wave 5 has to be the longest.
If we look at wave 4 and we count the retracement of this wave, it becomes apparent that it has retraced more than 50%, which according to Elliot Waves could lead to a possible failed fifth and thus to a higher low. This is a very rare case that I wouldn't normally trade like this, but since wave 5 has taken the form of an ending diagonal, the chances of going long here are very good. A confirmation for this count would be around 53466.35 USD for me.
This is not investment advice, just my technical expertise.
RT
Is this the beginning of the long waited move?Although "almost" every single sector moved ATH's, the travel stocks are still at their lows. I have been keeping eye on CCL AAL BA for their long waited move. Looking at the daily chart:
1. Made the first higher low
2. Stayed above the 0.236 Fib line
3. RSI 14 crossed RSI 50
Looking CCL to move to the 0.382 Fib line and hoping it will either:
1. Stay above
2. Make a higher high and create a bullish trend.
PS. This is not a financial advise nor I am a financial advisor.
BTC - Possible modes!
Wow! We have great long term fib channel with valid encounters for BTC in daily timeframe. We can see three support areas and two resistance areas;
First support area is in 46,000 - 47,500$
First resistance area is in 53,000 - 54,500$.
BTC have possible modes;
Bearish mode is blue line or black line path.
Bullish mode is orange line path.
We have one target in all possible modes and Target is 80,000$.
MACD will going to rise and in RSI we have a black down trendline.
Just be patient.
Is Ford (F) going for another run for ATH?The Friday's candle broke the channel was a very bullish one with a high volume. The TTM Squeeze is also about to get out of the squeeze which will trigger another high. (I used the "real licensed" TTM Squeeze in another platform) Ford has a chance to run $27.
PS: I am not a financial advisor. This is only for education and entertainment purposes.
FaceBook (Meta) Downtrend continuesOn daily chart, dead cross (50 sma crossing below 200 sma) is about to happen. Fib Level 0.618 - $332 (the rectangle area) is a huge resistance which has been tried 4 times in December. Also 200 and 50 smas is suppressing the bullish movement. Looking for a breakdown to $300 area in near future.
Disclaimer: This is not a trading advice. I am not a financial advisor. Only for fun and educational purposes. I won't accept any responsibility if my idea fails.
SPY- Bearish- UpdateJust posting another update here on the SPY- Bearish megaphone is playing out as expected but also a very big week for the markets fundamentally speaking.
Fundamental Rationale
A lot of big economic events this week including retail sales, the Fed's final decision regarding monetary policy, FOMC press conferences on both Tuesday and Wednesday, and to top it all off, quadruple witching on Friday 12/17' to close out the week. Fundamentals aside, the SPY is still looking quite bearish- Some FIB levels and RSI-based supply and demand zones to keep an eye on on the meantime, bearish and hedged- (Previous Charts Attached Below)
- Still holding a big rising wedge (Bearish)
- Bearish cypher formed on the hourly timeframe along with a gap fill on the downside (See Attached Chart Below)
- RSI is nearing, or in overbought territory on almost every timeframe
- Bearish Hidden Divergence on the SPY Daily, Weekly, 4-Hour, and Hourly Timeframes
- The SPY rejected a critical RSI-Based Supply Level on the weekly timeframe & is sitting on the 20-day SMA (See Attached Chart Below)
-Weekly-
-Hourly-
-Previously Charted-
QRDOUSDTQRDO is some new token. Make a copy for yourself and check the object tree for additional labeled elements.
Gap Fill- Bullish - UpdatePYPL approaching the end of a big falling wedge that it has been holding on the daily, 4-hour, and hourly timeframes for quite some time now (See Attached Charts Below). Starting to look nice here after holding the 180 mark nicely yesterday amid all the intraday volatility. Bullish and will be looking for a breakout from this wedge and for PYPL to go for the gap fill on the upside (Broader Market Conditions Permitting)- just some FIB levels along with some RSI based supply and demand zones to keep an eye on in the meantime-
- Falling Wedge on the Daily, 4-Hour, and Hourly Timeframes
- Bullish Crab Harmonic Formed
- RSI Oversold
- Slight Bullish Hidden Divergence on the RSI
- Gap Fill on the Upside
- MACD Cross on the 4-Hour Timeframe
PT1- $192.32
PT2- $195.95
PT3- $201.41
PT4- $208.25 + Gap FIlled
-4-Hour Timeframe-
-Previously Charted-
CHF/GBP ABCD Pattern Complete? Time to Short ? ?BEARISH INDICATIONS
1. Bearish ABCD pattern complete
2. Shows Divergence at RSI
3. Reversal after ABCD completion
4. Wait for further confirmation and then go for Short Option
BIASED: Short
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Possible AUDUSD bullish reversalHey trader,
please see my current idea on AUDUSD. Based on my Elliot Wave count, we have high chances of seeing bullish momentum in order to play a 50-61.8% retrace to the upside.
Please trade with caution and with proper risk management. A lot of people have been liquidated with longs on AUDUSD.
This is no financial advice, only my opinion.
RT