Get started

Finance

#EURAUD 01 04 2021#EURAUD 01 04 2021 Since May last year, the price has been falling in a trend that was guided by two lines - resistance, also formed in May and support, which appeared on the chart in January. At the same time, the price made false breakouts of both lines. After a strong breakdown of the resistance line, the price returned to the trend at the end of last year - it broke through the resistance at 1.606. Then it tried to break through the support line 1.537, but the fall was stopped by a strong support level. The price has been moving along this level for some time in the border of the support zone and now I expect it to rebound from it and rise to the resistance line 1.567. Then it will fall again. So my final target is the 1.537 support level.
Short
by fxpremiere
#CADJPY 01 04 2021#CADJPY 01 04 2021 In 2021, there were two important breakdowns of the support lines at points 83.80 and 86.07. The first breakdown was in February, the second in March. And both of them speak of strong price growth. Since the first line, which the price broke in February, was formed in May 2013, and the second, which the price broke in March, appeared back in 2009! After the second breakout, the price fixed on the line and continued to grow. Now I expect it to reach the 89.15 resistance level first. Then it will turn around and return to the 86.63 support line. This will be our goal.
Short
by fxpremiere
#EURUSD 31 03 2021#EURUSD 31 03 2021 As you remember, the price has been moving in a downward channel since January of this year. This movement began after the price stopped its growth in the resistance zone of 1.234. And after that she began to fall. Now the price is on the support line of the channel 1.171. It is important to note that in addition to this line, one of the main price levels also passes here. which gives the price strong support. Therefore, I expect the price to rise from this zone to the resistance line at 1.193.
Long
by fxpremiere
#EURUSD 26 03 2021#EURUSD 26 03 2021 However, in early January, the price came to the resistance line - the upper border of the channel - 1.234, after which the decline began. During this fall, the price formed a downward channel. And as a result, falling in this channel, it was able to break through the resistance line 1.197 - the lower border of the ascending channel. This is an important breakout, since after it the price did not correct, but continued to fall, thereby leaving the ascending channel and changing the trend. After that, it dropped to the 1.184 support line, rose to the upper border of the channel, but fell again. Now the price is at the support line at point 1.176, and a strong level is immediately passed. I expect the price to start rising from this zone and come to the resistance line at 1.195. This will be our goal.
Long
by fxpremiere
BITCOIN | The Lines Just Appear Around $50kHi, I'm quite fast, you don't even saw my mouse moving around on the chart and you guys wonder how I can make 10 altcoin analyses under an hour. :) Have been asked how I make my technical analysis, here is a little tutorial before my online course becomes available. ;) Now let's talk about the areas of Bitcoin that I'll be waiting for. Yesterday I wanted to short it but sadly it didn't reach my selling area. You are prepared, waiting, being patient but sometimes the rabbit just runs through your sniper scope and you cannot even touch the trigger, it happens but we don't chase the trades we'll looking new ones! At the moment my eyes are pointed to the marked green box. It stays around $50k and for me, it is quite an important level for Bitcoin, especially if we considering further movements. If it gets a rejection from the box then everything, in the long-run, stays bullish for me. It just needed at least a 15 to 20% correction, nothing wrong with it just healthy marked conditions but if the marked area doesn't hold the price then the price of BTC can fall to the low of 40s. I have been waiting for the retest of 50k pretty long for now and looks like the price wants to touch it, at least it approaching it and I'll try to grab at least something from the marked area. The marked area stays $49300 to $51700, a lot of technical criteria matching each other in quite a tight range and they are: 1) Fibonacci Retracement 38% 2) Fibonacci Retracement 62% 3) Fibonacci Extension 127% 4) Channel projection 5) The equal waves od AB=CD 6) Strong horizontal area 7) The round number 50000 8) Daily EMA50 So, a lot of quite a good criteria, they all acting as support levels and as said they are inside of quite a tight range. Definitely, I would like to trade it if the price reaching the marked area and let the market says was a good decision to enter or not. Preparations are done, let's wait and see, no emotions, no expectations - okay, maybe "like" expectations only;) Stay healthy, Vaido
COINBASE:BTCUSDLong
by VaidoVeek
7
CAD/CHF Trade explained CAD has been the strongest currency for a while and the same can be said for the weakness of the CHF, we are already in this trade from a few weeks ago which is a 15-1 trade which we have posted about previously. so we are riding this currency pair and have added to our position, what we saw was an impulse move off our daily zone (red zone) and then minor consolidation on the 1h timeframe. we then saw a minor break and exhaustion of this consolidation allowing us to place a trade to the upside, our take profit 1 has been hit so we are now in a risk free trade, we will ride this all the way to our final target.
by Trade_Rocket_Investments
could the fed speech move stocks to the upside? with the stimulus on the way we have seen a bullish move in the stock market after the sell off a few weeks ago, with this we also have a fed speech coming up and we predict that it will be a very bullish speech as they will want to give optimism to people that their plan is working. so we will be monitoring the major stocks and tech stocks as we will likely see the biggest move to the upside on these, we have had a talk today about setting up our entries for the next big move, the stock market is at a discount now so this is a great opportunity to scale up.
NASDAQ:TSLALong
by Trade_Rocket_Investments
1
BITCOIN | Wait For a Bullish Confirmation!Hi, The price of Bitcoin has reached the key level. There is no trade, YET, but we can catch something good if the price of BTC manages to break above the key level. After the break, we can see attempts to make a new all-time high. The key level is marked with the gray area, price-vise it stays around $51k, and to trigger the bullishness we need a 4-hour candle close above the marked gray area. 51k has been in play since the mid of February, the price action has printed a lot of rejections from the gray area, a lot of wicks, etc. It has been support, it has been resistance, and now, let's wait for a bullish close to make this trade alive. I'll try to keep you updated but to follow the break is not so hard, just wait for 4h candle close and it has to be higher than, let's say, higher than $51700 (orange dotted line). It’s your choice do you wait for a retest or not! Stay healthy, Vaido
COINBASE:BTCUSDLong
by VaidoVeek
64