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Long-signal

USDCHF GROW and will come to RESISTANCE lineThe price continues to move in a downtrend, which the pair began in 2019. Three important lines correct the price movement as it falls. One line is support from March 2019, and two resistances from December 2019 and March 2020, respectively. We can see that in the middle of last week the price came to the support line of 0.877, after which it rebounded and began to grow. During the growth, it came to the first resistance line at 0.888 and is now at it. This resistance line has existed since December 2019, however, during this time, the price has repeatedly broken it both during the growth and during the fall. So now I am expecting what will rise above this line. After the breakout, it will roll back to consolidate, and then head to the next resistance bar at 0.898. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
10
GOLD Break-Out: Strong Bullish SignalYesterday, Gold broke out of the channel which it has been following since early August. The break out was produced by a massive candle of more than +2.3% in a day, which is rare for Gold. Considering the prior, I see the commodity gaining more strength in the coming days, potentially rivaling the all-time-high in the near future. I've marked two areas of resistance on the chart where I expect a lot of bearish pressure, although I'm quite sure Resistance 1 won't be any issue.
OANDA:XAUUSDLong
by FieryTrading
2
Bitcoin: Accumulation Before Another JumpSince late October, we have seen an amazing surge in the value of Bitcoin. The surges usually don't last long, maybe a day or so. After this exponential growth, Bitcoin enters a phase of consolidation where it "cools down" a bit, and where the whales can accumulate. This has happened for the last five quick surges. You reckon it will happen again? Every surge comes with an increase in Bitcoin's value of 30-35 percent on average. Assuming we will be entering a consolidation phase, I see the next surge bringing Bitcoin to a value of over $34,000. Be aware that the $30,000 resistance might be quite a hurdle to take.
Long
by FieryTrading
NZDJPY start new GROWTH after touch SUPPORTFor this currency pair, quite noticeable price fluctuations have been characteristic lately - strong growth spikes alternating with equally strong falls. For example, the support line, which has existed since August 2020, the price has broken twice over the past three months - both during an increase and during a fall. The last breakdown, due to the strong growth, occurred just at the elections in the USA, after which the price did not begin to fall, it was fixed on the 71.8 support line. And in the course of fairly steady growth, it was able to break through the nearest support line 73.2. Then it came to the resistance line 74.1. The price has been moving between these support and resistance lines since the beginning of December, that is, for a little over two weeks. Now she pushed off against the resistance and almost touched the support. And I expect the flat movement between the lines to continue. Since the zone at the intersection of the two support lines is very strong, one of the lines was formed here back in 2017, and the price is unlikely to be able to break through it. The price will touch the support 73.1 and then rise to the resistance - 74.1. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
14
GBP/JPY Looking for a BUY, but so far NEUTRAL!Hey guys! Here is a nice set up on GJ. Currently the market is in a 30 pip range and is pushing towards a resistance area and testing the previous high identified on the 1H chart. I want to see a break of this resistance area and then target the high that is identified on the 4H chart which is also a very strong area of resistance. This trade all depends on whether the market rejects the 1H resistance or whether it pushes through and gives me an opportunity to BUY! Please feel free to like this post if you agree with the set up and share your thoughts in the comments section!
by ShaunGadd02
Bitcoin Broke The Triangle: Potential $25k SoonBitcoin broke $20.000 today! All made possible by the ongoing strong bullish sentiment surrounding Bitcoin and crypto in general. In my last post, I predicted that Bitcoin would complete the wedge and see some strong growth soon, even past $20k. So now arises the question, where too next? Since I don't see sentiment falling anytime soon, we have a lot of potential room to grow. My targets are $23k and $25k for the coming few weeks.
Long
by FieryTrading