#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.
Finance
#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.
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
NZDCAD D1 - Long Trade SetupNZDCAD D1
Big daily structure here, price has certainly slowed down as we have approached support, seen our first couple of bull candles on the H4 too.
High RR potential, would like to see some sort of lower timeframe structure break and retest for this pair. Or simply a bullish daily close.
FLARE FINANCE $DFLR AIRDROP $FLR SPARKFlare network goes live end of Q2 2021. 30 days after going live Flare.Finance will take a snapshot of all wallets containing $FLR Spark tokens around May or July. 7-10 days after that DAOFlare $DFLR will be distributed at a 1:172 ratio to all $FLR balances. Big bags are getting packed for whats to come in the future.
ETHEREUM (ETH/USD) | Bearish Breakout!Hi,
The mothership Bitcoin got a rejection downwards and some altcoins obviously followed it.
At the moment, the best bearish setup could be ETH sell, quite a solid break below the strong support area, strong candle close (1H and 4H), and almost free road to fall to TP1 which is around $1700.
You can wait for a retest, you can go right away and you can skip it, the choice is yours ;)
Stay healthy,
Vaido
CLOVIS ONCOLOGY long.Here is why you should add this stock to your portfolio, During setting my analysis i had found a signal that indecates to a very stong bullish momentom is about to occur.
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.
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.
NZDUSD H4 - Short SetupNZDUSD H4
In-between structure on NU, remember we only ever want to be buying or selling from our key red box trading zones, our H4/D1 trading areas, using these zones in line with other confluences such as key levels, regions of supply/demand and so on and so forth right.
Waiting patiently for this to unfold or present a buy or sell from resistance or support. Both opportunities are quantifiable.
Gold H4 - Short SetupGold H4
Fast approaching that 1738 price we rejected nicely. Strong supply zone when has held comfortably. Would be an absolute sniper entry to see something like this unfold.
Also looks like an inverted exhaustion pattern, so a break above 1740 could be a break of resistance/supply and we could maybe scout longs upon a retest. Early doors still so lets see what unfolds.
NZDUSD H4 - Short SetupNZDUSD H4
Another clear S/R range unfolding perfectly, offered another entry point over the last NA session and early eastern sessions last night for us UK traders.
Once we approach 0.71... you guessed it, lets set ourselves up with a potential long back up to 0.72400 if we can quantify it!
EASY AND STRESS FREE TRADING!
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
GBPUSD H4 - Long Trade SetupGBPUSD H4
Certainly an ambitious projection, but all we are really after is a strong break above all resistance in sight, including that 1.40 psychological number, followed by a simple retest.
This could gear us up for nice extensions back up to 1.42 region, the price we were pushing a couple of weeks ago.
NZDUSD H4 - Long SetupNZDUSD H1
This was covered quite a bit in the technical rundown which will be with you shortly, talking about buy exhaustion and loss of momentum, hence why we would need a lower timeframe structure break and retest which is what we are seeing at the moment.
A good topics of 'entries' was covered in yesterdays webinar with our members, and this one popped up, perfect to see the start of it playing out. We will see how it unfolds.
XAUUSD 09 03 2021XAUUSD 09 03 2021 the price broke through the resistance line, which formed inside the channel - 1756.08. Then it continued to fall and is now near the support zone 1649.23. This zone is formed by the channel line and two strong lines from 2018 and 2016. I extend my forecast and continue to revive that the price will first fall to the support zone of 1649.23 and then rise to the resistance level of 1719.75. This will be our goal.
ZOOM (ZM)| Approaching The Buying Area!Hi,
The price of the well-known video communication software ZOOM has started to approach quite a solid buying area, at least from a short-term perspective.
Long story short, technically, the good buying area stays between $240 to $302 and the criteria are:
1) $300 the mid-round number acting as a support
2) Small resistance level in 2020 become support
3) 2x Equal Waves ending points are in the marked green buying box to add strength in there
4) 50% fall from the ATH (all-time high)
5) Minor lower trendline third touch
6) Fibo retracement 62%
These are the major criteria for this current rejection area, do your own fundamental research and if this matches with my technical analysis then you are ready to go.
The first target stays around $400 ~30-40%
The second one will be the current ATH ~100%
Stay healthy,
Vaido