AUDNZD.... HEAD AND SHOULDERS!Good day to all traders today I will show you my bullish setup on the AUDNZD pair.
As we can see from the graph we can see the presence of an inverse head and shoulders.
The price as you can see from the chart broke the neckline which on the chart is indicated by red arrows and is now retesting towards the neckline.
Well so far all fluid.
moving on to the operational part, I propose a bullish setup with a good risk return that can vary according to your own risk management rules.
My advice is to place the stop loss below the broken neckline.
The graph shows the two price areas that I will use to place my operating take profits.
Possible take profit areas on the chart are marked with blue flags.
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Nasdaq Outlook For Today/Coming WeekMy Nasdaq outlook for today, if you have questions please ask them and if you take this trade let me know the results!
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Nasdaq has been bouncing in a channel for the past weeks and it was/is consolidating.
To me we have 3 possible scenario's:
1. Nasdaq will have a slight pullback to the lower border of the channel before going up to ~12000.
2. Nasdaq will go up to ~12000 if it break out of consolidation (today).
3. Nasdaq will break out of the lower border of the channel and will have a push downwards to ~10750.
Look for clear confirmation and watch out for possible fake outs.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon.
My Outlook For Nasdaq 7-10-2020 Breakout of BoxHere is my outlook for today, yesterday Nas broke out of the box with a push downward, right now it looks like it's retesting and we might be heading down to the 11000 region.
On the lower timeframes look for rejection at the retest area and wait for confirmation to enter a short.
Let me know your thoughts and ideas, if you like this please give it a thumbs up and follow me for more trading ideas.
Use good risk management and have an amazing trading week!
Another Cup & Handle Potential on BOOT!NYSE:BOOT
Wow, another C&H pattern setting up and it is near completion! Needs to close around $30.50ish to complete and it needs to complete in the next 5 days or so imo. Follow me for more setups. I'm not in this one yet but I'll be hopping in if it completes.
COST is signaling at $346 + earnings soonHow should I play this one? I plan to buy an option spread. Spreads can lessen your risk exposure, and give you an opportunity to make money on both ends. If there is any significant dip before/after earnings, I'll buy my "call sell" back and ride my call up. If it hits the target beforehand then we are golden. Will be buying in tomorrow.
$COST
NASDAQ:COST
Great sell opportuinity for when the markets opens dont miss it!As you can see price has broke this support area and retested it, also broke a number of important trend lines to get to this point.
Worth checkinkg this out for yourself, have a look at the daily time frame to see how much potential this trade really has.
If i do enter this trade i have marked out our potetial TPs with the dashed horizontal lines,
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CHECK OUT THE BOTTOM OF THIS PAGE,
Good luck, stay blue,
Ash.
S&P 500 SO SIMPLE HUGE PROFITKeeping it short and straight to the point.
We saw a major drop in price at the end of the week, we have tested and rejected the previous all time high now acting as support.
If this support continues to hold monday i will be looking at a buy and my targets will be the previous high.
Consider following our tradingview page, and make sure you check out the bottom of this page for more trade analysis.
Good luck, stay blue,
Ash.
Setup in AUDUSDWaiting for a pullback to approx. 0,73700 price level to join bulls with S/L below 0,73200 and T/P around 0,74350.
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Make your own analysis before entering position.
Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like.)
Potential long opportunity 100pip move?As you can see we have a clear breakout of this small down trend, looking at the daily and the weekly time frame this is still a very bullish pair.
We have just broken what was a resistance level, currently waiting for a retest of that zone to make sure this level holds up and can be classed as a new support.
If we find an entry on this pair intial targets will be the previous high, possibly targeting the daily high.
consider following me on tradingview that way you will get notified everytime i drop a post,
Good luck, stay blue,
Ash.