Get started

Long-correction

ALPHA, long or short ?I try to react not to predict, the only prediction for me is how am I going to reacting to some things. That's the situation right here. ALPHA had a nice run-up, about 100% for the last two weeks without any big correction, so maybe it's time. Also the market is very very bullish so we can also go more... Here are the levels that I am going to watch. The last published idea for ALPHA bring us about 47% profit, so let's hope the next trade could be also profitable...
by PhilosophersStone
GEVO caught in resistance bandWith the S&P500 having a long awaited green day (being up 1.91% as of writing this message) it seems like GEVO is caught by one of it's resistance bands. This could mean GEVO stock found it's low point in the recent correction (Bond-bubble-burst??). Are we inbound to see an upward trend again? NOT FINANCIAL ADVICE: I closed my GEVO position on Wednesday this week because of the downside in GEVO, starting today i'll start dollar cost averaging into the stock again.
NASDAQ:GEVOLong
by Teun_Geurts
COPPER: Correction may be comingThe chart shows that the big bull market in copper may be weakening and about to correct. The 2H ATR (amber line) showing the bull strength, is vacillating in its conviction. Finally, there is a trend-switch for the south. This is a trend following set up - which means if shorting there can be no targets. Stop losses are usually difficult to define, are large and somewhere above the ATR line. Price of copper is dependent on the US Dollar strength. The DXY shows trends opposite to copper. Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
OANDA:XCUUSD
by Captain_Walker
BTCUSDT 4H | Bitcoin market overview: Happy New Highs!Hello, dear subscribers! In the last review of the last year, we pointed out the uptrend as the priority in the bitcoin market for the near future. Since then, bitcoin price has risen more than 70% to a high of $41,945. The market is experiencing extreme price volatility, last seen in 2017 and early 2018. Reaching its high on Jan. 8, bitcoin entered a wide flat zone - $31,500 - $40,000. Local support levels: The first level is $36,800, The second level is a zone of $34,400 - $35,200, The third level is $31,500. Strong resistance zone from above: $40,000 - $40,600. Indicators are moving synchronously with the price and show entry into a flat zone. Globally, the market maintains an uptrend in bitcoin prices, but after the strong growth, the price will need time to return to conquering new highs. Subscribe to the channel and stay tuned!
by CatalystsFinance
Gold - bulls still have the upper hand.Dear traders, Gold has been doing great these past couple of years and although we have been slowing down a bit since august there are probably still great times ahead. Here's my view on the current corrective move: So far we have had some selling since the high of around 2075 dollars that brought us down some 15%. Using the EW theory I say we are in a wave 4 now that is nearly finished. A standard ABC corrective move would bring us to the 1700 to 1740 dollar area. In addition, the C wave in a correction usualy comes as a 5 wave and so far I can only count 3, meaning we're just not there yet. Do keep in mind that this is not a must. Also, the RSI shows positive divergence so that's another argument for a bottom. For a 5 wave to become invalid it must pass the point of wave 1 (as shown with the purple dotted line) so it seems that 1850 is an important area. If we do turn back down at or near 1850 there's still room for a 5% decrease in price but if you are a bull with a longer horizon you have to ask yourself if that's worth the guess. For the bears (please don't be one): IF we break the 1700 area then we have to look way lower towards 1500, but so far there's no reason to do so yet. And even if that scenario would happen, Elliott Wave theory tells us we still need a higher high than 2075 dollar. So basically, this might all just be a great point to buy in or add extra. There seems no reason to be truly bearish yet. I have seen targets from 2700 to 3500 dollars from traders that are better in Elliott Wave than I am but I rather keep my conservative target of 2400, which is still an increase of well over 30% from here. No time stamp though. Could take a couple of months, maybe 2 years.. Good luck trading and remember: Always use stops to protect your investments!
TVC:GOLDLong
by vanfleetdaniel
Celer is in for a little correction and then moodCelr will probably correct a little before going up again for new heights. I would wait around those support lines for entry and enjoy the ride up Also if we're looking at our support lines those could be the turning points for the ABC correction waves, And being supported on the 0.5 and 0.65 fib lines. My strategy would be something like: Entry Targets: 1) 0.00000157 2) 0.00000145 3) 0.00000138 Take-Profit Targets: 1) 0.00000179 2) 0.00000215 3) 0.00000238 let's how it plays out
Long
by Gustav_Z
2