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Keylevel

NVIDIA (NVDA) Price Analysis with Buy/Sell areasWelcome back to yet another (stock) technical analysis using 4 different EMA's, fibonacci retracement, trendlines and key levels. Basing my buy areas on confluences of these. I will sketch two scenario's of what I think the price will do based on technical analysis. This last part is important, because I want to remind you that this is a technical analysis disregarding fundamentals. You should always keep an eye the fundamentals of stocks together with a technical analysis. The first scenario is that the 207 key level will break, after which price (I think) will bounce off the green area, based on the fib, key level, trendline and 50 EMA. After this, I think price will break the purple area, when it does, you can trade the break retest of this area. The second scenario is when the 207 area will not break. Then I anticipate the price to react good to the 207 key level when it gets paired with the 3rd touch of the trendline. After this I think there is a sell area at the 250 psychological paired with the 3rd touch trendline, this area is highly speculative but depending on what the price continues to do I think this area is interesting in both scenarios. If you look at my user profile, you will also find a video review on our channel!
NASDAQ:NVDALong
by CilinixFXCapital
A reversal pattern appeared at an important zone with OILH4 time frame. Structure: Downtrend. After the price rose to the important Key level of 70.00, there is now a head and shoulders - reversal pattern. Now waiting for the price to clearly break this reversal pattern or break the Key level up move at the price of 67.000, we can find selling opportunities. The profit target is the 62.000 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
TVC:USOIL
by tradafx
6
Divergence appears with EURGBPH4 time frame. Structure: Downtrend. The price rallied to the 61.80 Fibonacci resistance zone of ​​the previous downtrend. Divergence signal appeared and Key level at 0.85600. Wait for the price to break the Key level and confirm the downtrend, then you can look for selling opportunities with EURGBP. The profit target is the 0.84500 support zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
Waiting for a buying opportunity with EURUSDH8 time frame. Structure: The downtrend has been broken, Key level at 1.19000 has been broken. However, this strong bullish move has not yet confirmed the uptrend on the 8-hour timeframe. Wait for a retracement and confirmation of the uptrend to be able to enter a buy with EURUSD. After the price has confirmed bullish, the next move target is 1.22000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
2
Wait for the price to retrace and confirm the uptrend NZDUSDDaily timeframe. The price broke the medium-term downtrend structure. The bearish structure appeared divergence and the price broke Key level 0.71000. Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes. The profit target is the price zone of ​​0.73000 when the price has signaled to confirm the uptrend. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
2
BTC approaches importance key priceH4 time frame. Structure: Uptrend. The upside momentum is waning as the price approaches the critical resistance at 50000. In the bullish case, a clear move, as well as important confirmation, is needed to avoid a false breakout as the current bullish momentum is very weak. There is a high probability that the price will continue to move the Sideway between 46000 and 49000. Here wait for the sell signals down to the 46000 support until there is a clear breakout and confirmation. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
COINBASE:BTCUSD
by tradafx
Wait for confirmation signals and trading opportunities with BTCH1 time frame. The price has consecutive low highs and lows confirming the downtrend. However, the price is still holding firmly in the sideway from 46400 to 49400. The 46400 price area is critical support. Here, waiting for a bullish signal again, price can move towards the target of 49400. In case the falling price breaks this support level, it is necessary to wait for more confirmation that there is a mid-term downtrend. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
COINBASE:BTCUSDLong
by tradafx
Wait for the price to retest and appear a sell setup with BTCH1 time frame. After an upward move through the key level of a short-term downtrend on the 1-hour timeframe, the price did not get bullish confirmation. Instead, there was a false breakout and strong down at resistance 49400. There is now confirmation of the downtrend returning after this down move. It is highly likely that the price is moving sideways in the 49400-46400 range. Wait for the confirmation price to be higher than 48200 and set up a sell order. The profit target is the old support zone at 46400. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
COINBASE:BTCUSDShort
by tradafx
3
Wait for the price to retest and appear a sell signal with USDJPH1 time frame. After a strong bearish move from 110.800 to 109.100, the price formed a red ABC pattern (Simple Flat). Top A and C form resistance at the 61.8% Fibonacci retracement of this down move. With the last bullish move of this pattern, a blue ABC divergence appeared. The current price has broken the Key level and is waiting for a retest, confirmation signal to enter a sell order. The profit target is the 109.100 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
Wait for the price to retest and appear a sell signal with BTCTimeframe: H1 Downtrend was confirmed in H1 After price had broke key level in H1, retraced to Fib 61.8 at 49400. At the same time, price broke above a down trendline and continued a strong move following downtrend. In here, you can wait for a consolidation pattern after retest to short BTC. Target at 44000 - old support. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
COINBASE:BTCUSDShort
by tradafx
Wait for sell signals after price retest with BTCUSDH1 time frame. Structure: The downtrend has been confirmed. Price broke the Key level after the divergence signal. Wait for the price to retest the downtrend line, it will likely test at the 48800-49000 area, and then appear a sell signal, then you can enter the order. Profit target with short-term sell order is 47200 and 44000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
COINBASE:BTCUSDShort
by tradafx