Kaspa (KAS) Long-Term Spot Trade SetupMarket Correction Impact:
Kaspa has retraced 40% following the market correction this weekend, breaking back into its range.
Historical Significance:
Historically, such retracements with KAS have marked local bottoms on the chart.
Price Action to Watch:
If the price pulls back this week to fill 50% of the wick left behind on yesterday's daily candle and retests the mid-range support area along with the 200-day EMA, this will offer a great zone to DCA (Dollar Cost Average) into a long-term trade on KAS.
Trade Strategy:
DCA Entry Zones:
Primary DCA Entry: $0.14
Secondary DCA Entry: $0.10 (in case BTC pulls back further)
Summary:
Keep an eye on Kaspa's price action, especially around the mid-range support area and the 200-day EMA. Prepare to DCA into long-term positions at $0.14 and $0.10 to capitalize on potential market recoveries.
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Longtermtrade
NZDCHFDon't blink and eye the BULLS have it this around maybe slow but trust us it surely get their .
The pair has had its share of the Elliott wave count added with the truncated 5 which came in a parcel (false breakout) completely completing the 9wave
Switch over to the lower TF to spot your entries
CADJPY - 2 WEEK LONG TERM - THE (COVID SH*T) SHOW MUST GO ON.This is a long term projection
I know it sounds crazy but by the look of it, banks are predicting that this covid situation will continue longer than we expect ... or if it's not covid, it will be something else that will affect the market.
This is my prediction.
Whatever you do, do risk management properly.
stay safe folks :)
GBPCAD Daily IDEA for a longterm tradeGBPCAD showing strong bull candle off the bottom of the channel on the 2nd touch close to S/R on the Daily and showing momentum on the 4hr. Theory is that it will continue to the upside over the coming month or so.
Entry: 1.6870
SL: 1.6620(BREAK EVEN AFTER TP1 HIT)
TP1: 1.7210(R/R 1.4)
TP2: 1.7740(R/R 3.5)
TP3: 1.8790(R/R 7.7)
GBPUSD Daily Chart- Hidden RSI Bearish DivergenceFX:GBPUSD
There's a Hidden RSI Bearish Divergence on the Daily Chart indicating a possible downtrend continuation.
A break below and daily candle close below the trendline and we may see price go as low as ~1.21700 ( Previous Low of March)
Short Entry: At close of Daily Candle below trendline
TP 1: 1.27000
TP 2: 1.21700
SL: 1.32600
This is longterm trade. Take profits as you wish.
Bullish Gartley Completed On Weekly Charts Of NZDUSD! Bullish gartley pattern has been completed however the RR on this one will be around 0.8 which is not favorable in our trading scenario. i am awaiting a slight retracement to make the RR 1:1 before going LONG on this trade. For those that wish to enter at the moment you all can at your own risk. i will update if there is any developments in the near future. cheers and happy trading
GBPAUD >> A Short Term Trade Becomes a Long Term OneGoodmorning Traders,
Yesterday I wrote an analysis about a short term trade on this cross, unfortunately the sideway movement at night and the missing confirmation from the Lagging Span, which refused to break the Kumo out, brought the pair to H4 Kijun Sen, taking the stop loss.
That's where my new long term trade was born.
On the H4 chart the trend is clearly taking a bearish path, and the retest of the Kijun Sen could be a nice entry point.
Also, the flat Kumo on the H1 timeframe shows us that price may have many difficulties in continuing the bullish movement.
Here we are with my very simple trade: Stop on the H4 tops, entry point on the H4 Kijun Sen, and Take Profit on the Daily Kijun Sen.
If the order will be taken, I will follow the trade on the 15 minutes timeframe.
What you think about this trade?
>> Leave a like if you liked or agreed with the analysis
>> Write in the comments below what your idea is :-)
S51! @ daily @ will auto shares outperfom `17 (after recovery) ?Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron