Finance
CADCHF H4 - Short Trade SetupCADCHF H4 - Broken the support zone on that previous closed H4. Retests due for entries short. Descending triangle and retest of S/R so two possibly short entry points, the initial parameters marked with entry, stoploss and take profit should seem most likely, given the fact 0.69200 is now a region of supply.
Gold H1 - Long Trade SetupGold H1 - Absolutely flying without any real retest of that 1785 number! Sitting 300 pips above that previous resistance without any real pullback. Saying that, we haven't even really had a retest of 2012 highs at 1795. Just want to keep following this pair and seeing if we keep breaking the new high levels.
BITCOIN | Minor Break on DailyHi,
The price of Bitcoin has made a tiny statement to the higher prices. In general, these breakouts are pretty promising but at the moment we have such a ranging market that can lower the success rate.
Still, worth to try it:
1) A daily break above the counter-trendline (blue)
2) Daily EMA50 acting as a support
3) 4H EMAs acting as support levels
4) 1H EMAs acting as support levels
5) Retest/entry area acting as a support
Regards,
Vaido
LUFTHANSA (LHA)Hi,
Strong support 8.000 - 9.000
Technical criteria:
1) Historically worked support level. 1995, 2003, 2009, and 2012. All rejections have been extremely profitable.
2) 2x equal waves from the top AB=CD
3) Fibonacci Extension 162% and 127%
4) Orange minor trendline third touch
5) Channel projection lower trendline worked perfectly
Regards,
Vaido
STORA ENSO (STERV)Hi,
Strong support area 9.500 - 10.500.
Technical criteria:
1) Rejection from the trendline
2) Rejection from the Fibonacci retracement 62%
3) The round number 10.000
4) 50% drop from the recent high acting as a support
5) Historically really strong horizontal area acting currently as a support
6) Monthly EMA 100
7) Monthly EMA 200
Regards,
Vaido
EQUINOR (EQNR)Hi,
Strong support around 115 - 130.
Technical criteria:
1) Historically the third strong rejection from the round number 100
2) Rejection from the Fibonacci retracement level 62%
3) Historically strong support area
4) 50% drop from the recent top acting as a support
5) The trendline
Regards,
Vaido
Cannae Holdings $CNNE $CNNE is close to buy point of $40.27. I would watch for volume above the average before you get in.
12 months Consensus Price Target: $43
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Thx
NZDCAD H4 - Long SetupNZDCAD H4 - Pushing resistance, now, looking to see a rejection and selloff back downside. This has always been a better setup to buy from support, rather than to sell from resistance. Purely because it's bullish consolidation and the wick zone is clearer from support than resistance.