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H-setup

XRP/usdt SeptemberI am pretty certain XRP is heading towards 0.60 mark, this could take 1-2 weeks or a month. But on the way I will be taking small positions both up & down... My analysis is as below, ( Note that these are all my assumptions and not facts ) - as of today or tomorrow, XRP should drop to around 0.475, it may drop further. - after the drop it should start a bullish movement heading towards 0.4980 as the first target and 0.53 as the second target. Please do your own analysis before taking risks.
Long
by Kivvwi
EUR/USD: Will the FED Surprise by Raising Rates?On EUR/USD, we have a bearish setup in anticipation of the FED meeting this week, specifically regarding the interest rate decision. The market has broken seven swing lows from the 1.07 - 1.0670 level, demonstrating its explosive strength. However, I continue to emphasize this simple concept: a break of a swing low signifies a show of strength, but at the same time, it's an excellent opportunity to look for long positions, essentially at the lows. In this case, on Monday during the London session, I will look for a falling wedge pattern at the 15-minute chart with a possible entry at a Falling Wedge Breakout (FVG) and a potential target at the 0.62% Fibonacci retracement level, which is at 1.071. Let me know what you think. Greetings and happy trading to everyone, from Nicola.
Long
by Forex48_TradingAcademy
5
USDJPY: Will the Fed lower the dollar?On USD/JPY, we have a bullish setup, with the price breaking a previous swing high at the 147.87 level. This breakout confirmed my bearish view. I will be looking for a bearish opportunity on Monday at the New York market open and London close. I'll be seeking a change in structure to the downside on the M15 chart with an entry at a strong level or inefficiency zone. The target could be the demand zone on H4 at the 147.51 level. Let me know what you think. Happy trading, everyone.
Long
by Forex48_TradingAcademy
7
MUSA (Long) - Find me a better baseFundamentals And it is not just the base, the fundamentals are also robust. NYSE:MUSA has immense amount of sales and even with the price rise we have seen, the P/S ratio is still staggeringly low at 0.4. The P/E ratio is also low at 13. The reason behind the stellar share price performance is mainly the consistent growth in sales, regardless of market conditions, the stock has outperformed. The reason why the stock is not even higher is two-fold: (i) very low profit margins, capturing only 2.6% of sale as profits and (ii) high debt with debt/equity ratio at 2.22 However, the firm has been defying expectations for a while in constantly beating estimates, hence the share price And with that chart setup, it seems like continuing further Technicals Hard to say anything bad about this setup. I have been watching investors building this base, buying every dip and forming robust fundamentals for the past year. The price clearly broke out of the base a couple days ago with volume and no resistance, ending the day at the highs. This is one of my favourite setups and rarely fails (for demonstration, look at my past trades). I am not going to provide more evidence in terms of indicators and patterns, I have been watching the price action for 6 months , knowing the stock intimately, and this break looks very convincing. Trade The air is not completely clear until I see some continuation going ahead, but that could mean sacrificing returns, hence I went long on the break. However, I have to caveat that if there is a sign of turning around and making this a fake breakout, immediately sell A pullback to the entry point is allowed, but once we start breaking lower or lacking continuation, it is a sell signal The trade is still good to enter here, but one can wait for a pullback to buy in. However, that would mean risking the trade gets away from you. Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation, it motivates me to keep producing ideas, thank you :)
NYSE:MUSALong
by jurajholik
2
EURJPY posted a bullish hammer bottom.EURJPY - 24h expiry Posted a Bullish Hammer Bottom on the Daily chart. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 157.45 level. - We look to Buy at 157.45 (stop at 156.93) Our profit targets will be 158.75 and 159.05 Resistance: 158.05 / 159.85 / 160.80 Support: 156.60 / 155.50 / 154.70 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
Bitcoin in Weekly Timeframe-Super-CycleHello Guys, as I promised you before, it's a new day to show you the Bitcoin in a Weekly timeframe based on Elliot waves. Everything is clear and we finished the cycle that included 5 Wave. The first, 3rd, and 5th is bullish, and 2nd and 4th is correction wave. After a full cycle, we expect to correct waves that include 3 waves. The first and 3rd in bearish and the second wave has Bullish momentum. we called it ABC. It's really easy to understand. Based on my analysis, the A wave begins from 69K to 15K B wave begins from 15k to 32k And at this time we are in a C wave that includes 5 microwaves. The A Wave has a special structure. There are 5 microwaves in the A wave. In Bitcoin, the A wave had a stretched wave in the first microwave. And the 3rd one is not the shortest wave. B could move complicatedly. It's usually moved in 3 microwaves. The last one is the C wave. I expect C wave has 5 microwaves. And could create a divergence at the End of the movement that related to a sign to notify us it's time to buy. Take it Easy! The C wave began. So, Watch the market. I told you everything in the analysis about the daily timeframe. Please refer to my pre-analysis and think about that. Good Luck Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock
2