Weekly Outlook! 2/15 - 2/19Here we go over our last video to see how out setups ended up and we go over what setups we like for this coming week! Happy trading!
Fibaonacci
Bitcoin going to 46k+ after holding key trend channel from Oct.Bitcoin is still inside a key trend channel from October 2020 and are about to break out soon after some sideways action. I believe it most likely will be to the upside. But who knows, it might just be fugazi.
Down to 16$According to chart and bearish situation of market, and also News about Trump illness (Corona) witch affect all USA and Crypto markets we clearly can say NEO will be down to 16 support line at least!!!
16$ can be a good price for buying and entering the market, pay attention to Fib I drew on chart for more help...
LIKE - CM - Follow please :)
EURCAD Long - Didn't Break Previous High's or Low's - SentimentLooks mike there was a shift of momentum toward the end of the New York session. After pulling a quick fib trying to decide what my sentiment would be for the next 24 hours, I've decided that it would looks like a Bullish EURCAD day for the next 24 hours. Or until I hit enough targets. I shall update as we progress. I did the same with EURAUD too. We shall see.
xauusd sell is becoming more and more likely xauusd sell is becoming more and more likely with Resistance pushing it down.
AUD/USD: New Signal Is Very Close Let's Enter Together This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURO/USD Short_Until_1.16430Provided that the the price closure ended above the ceiling however, not extending its gains by much, there is a quick opportunity to short EURO. Despite the overall trand being bullish, it is evident that the growth appears to be in 3 stages, and we have reached a stage where the price is about to retrace just like it with the previous confirmation of the FIB 0.618
MACD indicate that the short term price movement is flattening and about to succumb to a bearish move probably pushed by the institutional investors.
EMA confirm the slightly longer Bullish trend, however the PSAR coming close to mid range EMA (orange ) indicates that the quick short term movement will definitely take place.
GBP AUD short to complete extension, then buy.Hello analysts and traders.
Important updates - we have been holding a short and enjoying the wave ride down to the demand extension zone.
The market works in waves - it is incredible.
However - we are experiencing at this moment a really nice Fibonacci retracement on the GBP AUD - where AUD is in control more than the GBP despite strong buying net position changes.
COT data:
Pay attention to the Long positions added back in June.
Aussie cot Data -
Date Long Short Total %Long%Short Net Change
14/07/20 45,543 41,293 86,836 52% 48% 4,250 4,944
07/07/20 44,740 45,434 90,174 50% 50% -694 2,214
30/06/20 40,025 42,933 82,958 48% 52% -2,908 1,902
23/06/20 35,974 40,784 76,758 47% 53% -4,810 1,722
16/06/20 31,685 38,217 69,902 45% 55% -6,532 30,043
09/06/20 29,912 66,487 96,399 31% 69% -36,575 4,216
GBP COT
14/07/2020 43,175 56,761 99,936 43% 57% -13,586 2,822
07/07/2020 39,892 56,300 96,192 41% 59% -16,408 4,582
30/06/2020 34,424 55,414 89,838 38% 62% -20,990 -2,474
23/06/2020 29,654 48,170 77,824 38% 62% -18,516 -2,518
16/06/2020 29,378 45,376 74,754 39% 61% -15,998 8,050
09/06/2020 28,893 52,941 81,834 35% 65% -24,048 11,996
Technicals:
What can we see technically?
- Daily bearish but breaking momentum short in the channel.
- weekly bearish
- monthly also bearish - with a nice
- bounce from the demand zone zone.
- we can see the trend beginning to add long positions to correct - this has now occurred.
- we have made lower lows and lower highs- showing the correction
- now in a consolidation zone with some great wicks formed and a reversal to the upside - this has been boosted by GBP Tuesday as of writing.
-AUD USD ranging market looking to break 0.715+ for upside strength.
-Large downside gap to fall to if price looks to create a new low structure in bearish confluence and momentum trading.
- COT report in favour of AUD however, risk off will shift sentiment to immediate bias.
Fundamentals
Aussie is a commodity currency so is highly affected with exports of natural resources, Gold , Oil , Grains, Copper etc.
Victoria lockdown has caused issues for the restart of the border openings
USD outlook affects the progress of strength for Australia.
Coronavirus within the US sees an affect on the economy for the US as a result affects directly Australia where the index correlates.
USD sees 1Trillion package for stimulus package.
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.
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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.
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Team Lupa.
Gold > Long Idea Trading Plan!!▶Hey everyone, The best give back you can do is to like this idea if it's helpful to you.🙌⠀
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Analysis of #GOLD⠀
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As we can see from the chart price formed equal measured move and if it would to kick in and move down to previous the support zone it will provide us a good place to enter long, around 1745 as it is previous resistance turn to support and FIB 0.38 also on this zone ⠀
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🙏Don't forget to like this Idea this really will help me keep doing and giving you the best analysis⠀
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Check today analysis below⠀
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Before trading our ideas make your own analysis.⠀
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only
EURAUD > Potentially Forming Bullish BAT!Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.
Analysis of #EURAUD
Price has been moving in a sideway which is perfect if you want trade harmonics and now potentially forming bullish harmonic pattern Bat
⚠ Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only
NZDCHF > Potential Harmonic Bat Pattern!Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.
Analysis of #NZDCHF
Prices could be forming a Bat pattern, you could be aggressive and set limit order or wait for confirmation to enter
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
BUY OR SELL EURUSD ANALYSISIf price breaks 1.08287 = SELL to TP point 1.07184
If price breaks 1.08552 = Buy to TP point 1.09699
