LONG
BITCOIN Will Go Higher! Long!
Please, check our technical outlook for BITCOIN.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 59,244.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 64,297 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURCAD: Long Signal with Entry/SL/TP
EURCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURCAD
Entry - 1.4922
Stop - 1.4880
Take - 1.5008
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD Trading Opportunity! BUY!
My dear followers,
I analysed this chart on GBPAUD and concluded the following:
The market is trading on 1.9388 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.9440
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
USOIL What Next? BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 74.21 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 75.14
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD: Price Action & Swing Analysis
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURUSD pair price action which suggests a high likelihood of a coming move up.
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BITCOIN - Analyzing previous Bitcoin cycles combined with DataIf you look at the monthly chart of Bitcoin and examine the three previous cycles in crypto, you can see where we currently stand. This doesn’t guarantee that we’ll go up from here, but it does show that the chart often follows a similar pattern every cycle.
Price movements are a universal phenomenon seen across all charts in various sectors, not just crypto. Often, you’ll notice an asset testing its all-time high (ATH) and then taking a “breath.” After that, the asset typically moves beyond its ATH and embarks on a bullish journey.
The market tends to become more greedy once it surpasses the ATH because it means everyone in the market is in profit. Of course, it depends on what you bought, but the principle remains the same.
I see a lot of people worried about where we’re headed next. Nothing is for certain, but stop reading the news and worrying about recessions. England and Germany are currently in recessions and have just broken their ATHs. Recessions have nothing to do with price action.
Many are also concerned that the markets will crash once the rate cut season starts, which is highly likely to occur in September. However, historical data suggests otherwise. If you look back 70 years, the S&P 500 has averaged an 11% return one year after the first rate cut.
By using data and following cycles, like the one below and the 18.6-year real estate and economic cycle, it becomes much easier to handle the drawdowns and negativity you hear around you.
Using Fibonacci retracement, I believe we could see a top for Bitcoin around $150-200K before the next bear market.
EUR/AUD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
The BB lower band is nearby so EUR-AUD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.659.
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EUR/CAD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
Bullish trend on EUR/CAD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.504.
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USDJPY Update: Adding LongsI'm building on a USD/JPY long trade that has already met its initial entry criteria and is performing well.
The market continues to show bullish momentum, and with price action holding above key support levels, I'm confident in adding to this position. The plan is to ride this trend higher, targeting further upside as long as the bullish structure remains intact.
Keep an eye on how the pair reacts to upcoming resistance levels to manage the trade effectively.
GOLD Massive Long! BUY!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2503.4 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2511.1
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
$NVDA after earnings insights #NVDA has been a hot topic with the recent tech boom. This stock has recently seen several earnings reports of massive growth over the last few quarters and this earnings session was no different in my opinion. NVDA beat on every category and initiated a stock buy back! i think the market was just expecting more and the sell off will be temporary.
In this video I breakdown my outlook on NVDA and set expectations moving forward. i think we need to give it some room to work but there is opportunity. Im overall bullish on NVDA but i have a bearish back up plan going into September. Stay tuned for how we will probably end up making money both ways on this stock.
USDCAD Is Going Up! Buy!
Take a look at our analysis for USDCAD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.348.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.360 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURGBP My Opinion! BUY!
My dear followers,
This is my opinion on the EURGBP next move:
The asset is approaching an important pivot point 0.8422
Bias - Bullish
Safe Stop Loss - 0.8389
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.8476
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURJPY Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The instrument tests an important psychological level 160.93
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 162.17
Recommended Stop Loss - 160.33
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPNZD: Long Signal with Entry/SL/TP
GBPNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPNZD
Entry Point - 2.1021
Stop Loss - 2.0906
Take Profit - 2.1261
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD Will Explode! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.1092
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1122
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USD/CAD LONG FROM SUPPORT
Hello, Friends!
We are now examining the USD/CAD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.366 level.
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GOLD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
It makes sense for us to go long on GOLD right now from the support line below with the target of 2,522.676 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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