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Medium-term

Gap Inc. Appearing to Reject 200 EMA Once AgainOn the 4-hour chart of NYSE:GPS , price action has interfered with the 200 Exponential Moving Average a numerous amount of times. And, almost every time it has, a reversal and price swing has occurred. This latest one happened after a price surge caused by a normal stochastic oscillator divergence, sending price action straight through linear resistance. Old resistance becomes new support; the foundation of the technicals I've used to price target the short exit. Gap Inc. is in a heavy sell off, as it has been for months on end. In some ways, this recent surge may be seen as standard price oscillation or even a short squeeze. The technicals right now are supporting a continuation of this collapsing trend. Entry Price: $19.24. Stop Loss: $20.55 (Resistance formed by movement before a downward gap) Target Profit: $16.00 Methods of Capturing Gains Short stock. Short call credit spread. Naked puts. Put strike biased straddle. Bearish strangle. *Note: There is an infinite number of ways to capture bearishly favored gains. Be careful with the GPS weekly options because they have low volume, open interest, and liquidity, and can result in extremely unfavorable execution and fill pricing.
GShort
by DoozyTrader
DAX Medium-Term EW Count UpdateI assume that the German Market Index is in a corrective Wave 4 which plays out as abcde triangle (take a look at the big picture analysis). Medium Term goal is the price area 11000-10800. The move down should come in 3 Waves now I see 2 possibilities, either the B wave is already finished and we are in the C down already or we hold around 11600 and need another pull up to the 12000 area before we start the C wave. Take a look at inside my Facebook Community: www.facebook.com
TVC:DEU40Short
by JonasBenjaminFriedrich
1
Bitcoin Medium-Term EW AnalysisI expect Bitcoin to drop into the 8000-7000 area in the medium term. This Zone 8000-7000 maybe even 6000 will then be a key Zone in the decision of which Big Picture Szenario plays out in the long term (take a look at my Big Picture Bullish and Bearish Count). Should we not find Support in the 8000-6000 Zone then I expect the Bic Picture Bearish Szenario to play out (Hype Kill) if we do find Support around that area we need to see if it sustainable if it is then this Zone could be a very could buying area for a long term up swing.
BITFINEX:BTCUSDShort
by JonasBenjaminFriedrich
Top Reached and Rejected, Selling OpportunityPrevious top from early January(double topped back then) was nearly reached this week, but rejected. Fib/support levels show a short term low upcoming at .786 of the fib levels on the right of this chart, if that is hit it looks like further downward progress to the 0.382 level of the longer term run up that began in May. Weekly Chart(not shown here) has candles reaching up toward this high from January but falling short. Large selling volume this week helped to reject the top. Expect bear market for upcoming 1-3 weeks.
Short
by liquiddrool
EOSUSD, long to transit (7.83) or gold interesting price - 8.87.Ok, guys, today its Kraken and EOSUSD. I automaticaly mark all interesting price with X-lines indicator. Like you can see 8.87 its a real strong and interesting price (marked gold color). Also gold status have strong resistence level 5.47 there is a big seller on it. Volumetric analisis by X-Volume indicator show good medium purchases without obstacles. So i think you can do two things: 1) Purchase now and sell on 5.4. 2) Purchase now and wait 7.0 or higher. It all depends on your trading activity. Levels thanks to X-Lines indicator.
KRAKEN:EOSUSDLong
by JinFlark
1
XRPUSD, long from 0.17 - 0.21. Dont invest now.Ok, guys what we have there from 10 dec 2018 to 1 april 2019 crypto makers accumulate hopes and then sell it on 2 april 2019. If you think that 0.27 - 0.29 best price for investing you truly mistaken. X-volume indicator show furser selling to 0.16-0.21. And i think that price 0.16 - 0.21 is a gold for investing. Also x-lines indicator show best interesting price for sell its 0.71884. Low trend isnt exhausted its very good shown by x-volume indicator. All levels on this chart really right becouse they all draw by x-lines indicator. Conclusion: we are waiting for the right price to buy an asset 0.16-0.21. We sell existing assets immediately.
KRAKEN:XRPUSDLong
by JinFlark
Apple, long to new accumulation zone 216 - 220.Ok, today i will analize Apple on Nasdaq. There is strong upper trend after big sells under 199. This position is confirmed by volumetric analysis using x-volume indicator. Like show x-lines on day timeframe there is strong level 209. And i think be better to sell some part of long position there. Next we have accumulation zone 216-220 which is represented whith 3 strong levels. And i think in medium term price will go up to this zone. So its clear long) Levels thanks to X-lines indicator.
NASDAQ:AAPLLong
by JinFlark
Bitcoin medium term very bearishBitcoin medium term outlook (2-4 weeks) is quite bearish for the following reasons - 1 week targets would be 4600-4700 -A break of the trend line of 4700 could see us head to 4100-420 -2-4 week targets would be 3-3.5k -Long term 1-2 months, I expect us to hit the bottom of the channel , which is around 2K area 1.TD Sequential hit 9 on the Weekly. While in strong trends it can be ignored, we have to remember that we are still in a bear market till we make a higher high, which would be roughly 6500-6800 area depending on which exchange you used. This means the TD sequential is giving us an alert on essentially counter-trend pattern, making it very strong likelihood of achieving. This was substantiated by the rally ending at the TD 9 Sequentaiil 2.Spinning Top on Weekly about to form ( closes in 1 day) -This shows price indecision at a significant resistance.We made a very strong bullish move recently but its likely that the bullish sentiment is waning 3.Rejection by significant resistances -We got rejected by the 21 Monthly EMA resistance -We got rejected by the 55 Weekly EMA Resistance -You can see this by the rejection wicks 4. Extremely overbought Stochastic RSI, and modified RSI of length 3, overbought=95, and oversold=5, shows we went past the 95 resistance RSI area and are now back below it, showing we rejected the overbought resistance area. If we were extremely bullish , we would have managed to not go back to the purple area but we have, showing a rejection 5.Contrarian Investing0Go short when others are going long and calling bull market -Everyoen is calling this a bull market -Retail Avg Joe heard the bitcoin buzz and is now going to buy -Remember the Crowd is rarely right. They are only right in significant trends. The 2017 bitcoin bubble had a huge frenzy between November to December and that was PRECISELY the top. So many retail investors got burnt 6. This rally seems to be artificial/manipulated. -According to a article titled -This rally was pumped by this huge whale market buying. -The article specially states " anonymous trader who recently placed $100 million USD worth of concurrent Bitcoin buy orders on Coinbase, Kraken and Bitstamp probably triggered a ‘frenzy’ of automated buys," -Essentailly after a certain price point a ton of stops got triggered. This, along with a breach of resistance likely made bots auto buy and caused this tremendous rally -This entire rally wasn't really the retail traders and bitcoin ecosystem showing renewed interest ( this would show we are actually transitioning to a bull market ), but just a big powerful whale -He likely bought a ton of bitcoin cheap 3-3.5k OTC, then went on the futures market and likely longed x100 ( since he knows it can only go up ). Then decided to market buy 100M on these exchanges. After a certain price, likely 4400-4500, bots took over and began a buying spree to push us higher. -Now, this same whale will likely market sell. And since retail things its a bull market, as soon as they see a drop of more then 10% in a span of a few hours, guess what will happen ( mass panic selling ) -This whale could likely be wanting to orchestrate a mass panic sell of bitcoin by trapping tons of bitcoin long orders and retail fomo in to cause a huge capitulation You can keep up with my trading setups at telegram-@CryptoFuturesGroup ( Its a public group, so just type in the username and it will pop up ). -
BITSTAMP:BTCUSDShort
by chartingman43
1
EURNZD – Do you remember this?By Andria Pichidi - March 27, 2019 EURNZD Medium-Term Back in November, we identified a very interesting pattern in EURNZD, the famous Elliott Wave pattern. In November, the pair was in a bearish trend, forming a corrective “A” wave to the downside, following a confirmation of 5 Elliott Waves movements (the dominant Trend was placed between January 2017 – September 2018). Since then the Elliott’s model has been fully deployed, as the asset illustrated a rebound from 1.6360 on December 5, the “B” wave in the Elliott’s corrective 3-wave trend. The B-wave ended on January 3, after it peaked at a 1.7207 high. From the time of that reversal, the asset entered the 3rd phase of the Elliott wave model, i.e. “C” wave, by trading in a down channel, with the latest low swing at 1.6292 . The breach of this area confirmed our forecasts as stated in November’s post below: Today’s break of the 4-month low, opened the doors for the 1.6235-1.6360 area , set at the latest swing lower (November 2017) and the 50% Fibonacci retracement level. Further gains could then target the 61.8% Fib. level at 1.5830 . Despite Kiwi’s tumble by 1.5% on RBNZ’s dovish turn overnight, the above statement remains strongly alive. The EURNZD is holding within a down channel, by forming lower highs in the medium term, with attention on the downside, on the already re-opened area at 1.6235-1.6360, with risk for further declines rising. Momentum indicators comply with this 5-month bearish outlook, as RSI and MACD are negatively configured, in the daily and weekly frame, suggesting the continuation of the fall. On the break of this area, the next leg lower could be found between the 1.5835-1.5890 area , which presents the 127.2 Fibonacci retracement level set on wave A and the 61.8% Fib. level on the 2017-2018 rally. Theoretically however, we need to mention that the “C” wave is typically at least as large as wave A and often extends to 1.618 times wave A or beyond. This could lead below the 1.5400 barrier. In the near term, correction to the upside could occur as the overall bias is negative, with immediate Resistance at 1.6600 and 1.6740. Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
Short
by HotForex