Ideasdetrading
EURUSD setup for the weekHey traders, we have a really busy week ahead of us. The Fed will be announcing their rate decision as well as the latest PPI numbers for the US dollar.
Latest unemployment numbers were lower than expected and US inflation rose the most in 30 YEARS. So I feel this is a really strong bullish signal for the US dollar.
I feel the US could potentially raise rates, where as the ECB decided to keep rates lower in their latest announcement.
From a technical view, we are forming a downtrend and we were able to break the 200 SMA. On the short term we could see a pullback. But in the longer term I am bearish on the EURUSD pair.
DOT, Polkadot - we made retest. Time to buy?Dot broke out the resistance line and retested it. It's a good time to open a long position with SL lower than the last low. DON'T FORGET ABOUT RISK MANAGEMENT. The situation may change.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
LinkChain is Falling at its buying Zone.Hi Folks Bilal Here. after A Successful first analysis this is my 2nd analysis and this is on LinkChain . The Chart is perfectly making Falling wedge pattern which is a power bearish chart pattern it indicates the the Link will fall. in next 2 days. I mentioned the Buying zone entry on the chart.
I will update you guys time to time for more precise analysis.
As Always thanks for intresting in my chart pattern.
Please hit the like if you like my idea.
NFA
Bilal
Plain and Simple LUNA Analysis TODAY 3/1/21Allright, BINANCE:LUNAUSDT is clearly a gamble, we all know it.
IS LUNA GOING TO MOON AGAIN ?
The stable coin project is strong though
But guys, this chart is a beauty.
Fear has been spiking hard and cribbeling everybody during the week end.
All this green on the Vix index feels like a golden opportunity to take at these levels.
If bitcoin has the bounce we expect in the coming days , LUNA could totally moon again and enter a new phase of price discovery.
A safe trade would be to target 7/8 resistance.
A crazy one would be to wait for the moon around 12
Just make sure you get your ticket today for the rocket.
Smash that like button and see you tomorrow
ADAUSDT UPCOMING PERFORMANCEADA has already broken the down trend by forming a MARUBOZU CANDEL and set a new trend which is directed toward the down sight . if ADA breaks the level of 0.95 then it will be performing a bullish trend and prize will hit $1 easily
i am hoping to go downwards lets see who wins bulls or bears
This is my personal analysis anybody wins or losses not my concern
HAPPY TRADING TO ALL <3
GBP/CAD Update !!!Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair.
Monthly : Double top , And we have a strong Monthly resistance
Weekly : "W" formation and we expect the market to retrace to the neckline
Daily : We are currently forming a "W" formation on this pair and we should expect a retracement to the neckline as well
COT : Institution have been shorting adding long and short position on GBP , however the number of long is more important than shorts but we saw quiet strong impulses for this pair with other currencies.
From an CAD perspective we are still looking at a strong CAD even though hedge funds Closed long positions , but if we look at the short positions closed they are more important an the net position went from 13770 net to 16100 net positions
4H: We have a strong area of resistance + supply either on the 4H and Daily timeframe.
MACD : we are in a bullish environment so we have to wait for the market to shift to a bearish market
EMAs: Cut for long for the moment , things could change in the next few hours.
EMA 200 : We are still above this EMA and could be considered as a dynamic support itself in case we decide to go lower to grab more liquidity.
Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more insights and ideas. I also linked my previous idea about this asset.
Trade safe !!!