EUR/AUD likely to go down again!Hey tradomaniacs,
looks like EUR/AUD is ready to retrce once again after re-testing a resistance which has often resulted in a stronger move down.
For now we see absoprtion and so a possible retracement that we can trade with a tight stop-loss. Make sure to manage aggressively as falling stocks to often correlate with EUR/AUD to the upside (volatility).
Worth a try as risk-reward is very high here.
Let`s see =)
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Peace and good trades
Irasor
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Opportunity
BITCOIN short term SELL-IDEAHey tradomaniacs,
after the recent fakemove to the upside we can expect price to move further down now with the recent breakout below the secondary trendline.
As always make sure to manage aggressively and with low risk as the market is indecisive and volatile on the weekend.
Let`s see =)
OPPORTUNITY TO SELL ABOCE RED LINE - S&P500 - ES1! - DAILYThank you for the likes and comments | Much appreciated !
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Sometimes you don't need fancy indicators. Normally trending lines are traced under the curve when the market is up trending but here there is clearly a super strong support illustrated by the red line. There is a possible opportunity to enter heavily short if the volume validate a parabolic up trend above this line. The bottom line in blue is the potential price that can be reached in the worse case scenario at the moment. The S&P500 have been growing constantly. Study why you lost so much at any moment in this curve throughout this 2021 year and understand the bigger picture. You probably would have earned more by entering long in 2021.
This a quick retrospective about the S&P500 for 2021.
For the moment it is clearly going in the LONG direction no matter what happen in the world. We will see what is 2022 is gonna be made of ...
this is not a financial advice, just ideas, please do your own search.
USD/JPY BUY-Opportunity soon!Hey tradomaniacs,
looks like USD/JPY is currently finding ground and could move up soon.
Momentum should appear as soon as stop-losses are getting triggered above the secondary trendline aswell as locale resistance.
Make sure to wait for the right moment and confirmation before you enter a long.
EUR/USD likely too fall!Hey tradomaniacs,
another fakeout to the top and yet a breakout below the recent trendline gives us a great opportunity to short with a tight stop-loss / High risk-reward.
Make sure to manage aggressively as long as price stays close to resistance. Great opportunity to give it a shot!
Let`s see =)
GBP/USD likely to fallHey tradomaniacs,
looks like GBP/USD will at least retrace from here on after a re-test of a strong horizontal resistance aswell as the primary trendline-zone which offers possible bearish confluence.
Volume has been so far not following the recent momentum, which makes a pullback / turn around even more likely.
Good chance with a high risk-reward.
Let`s see! =)
AUDUSD - SellHello people!
On the Australian dollar chart, we are close to the opportunity to sell, if we are patient and the price reaches the drawn supply zone, I will wait for a signal and possibly sell! Since we have a sharp trend at weekly TF, I expect some price reduction before strengthening upwards ...
NZD/USD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup!
NZD/USD :Daytrade-Preparation
Market-Sell: 0.67890
Stop-Loss: 0.67890
Point of Risk-Reduction: 0.67890
Take-Profit: 0.67890
Stop-Loss: 10 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPJPY - SellNow I expect two possible scenarios:
1) Either we go straight up through the supply zone
2) It gives us the opportunity to sell into a bearish move and then the opportunity to buy, we will go higher in the longer term according to the analysis I sent earlier
It all depends on how the candles are created for us ...
The Outcome Investors Weren't Looking For in Twitter (TL;DR)As of recent, there have been some major events occurring within the organisation ( NYSE:TWTR ). I'm sure many readers are aware of the fact that Jack Dorsey ( Former CEO) stepped down from his roll on the 29th of November. Forecasters from all over, including analysts from CitiGroup ( NYSE:C ) believed that when Mr. Dorsey stepped down, the price of Twitter would consequently increase (some predicted as far as a 15% increase). The reason for this was that, Dorsey was also managing another corporation by the name of Square ( NYSE:SQ ). As any investor, seasoned or amateur would know, you want your management to pay sufficient attention to the company you want to become a shareholder in. Unfortunately for Twitter and their shareholders, the recent events have been completely on the contrary to analysts' predictions.
So one factor that caused a price drop through this year of 12% was the Biden Administration's winning of the election and Trump being (in some eyes, 'unjustifiably') banned from Twitter. Due to there no longer being any politically related 'excitement' on the platform. Conveniently, Twitter (possibly in an attempt to rescue stock prices) had Dorsey step down but this just caused a separate price drop of around 9% making the situation look very dire. The absolute polar opposite to what analysts had predicted.
Despite the investment community's pessimistic outlook on the company and management as of right now (due to the lack of data to prove management is capable) some of the more intelligent investors have taken an entirely different approach to the situation. This considerable price drop could make the company a very, very attractive purchase. Many have purchased the stock as part of one of the 'thinner' margins of safety in their portfolio and would be willing to take the beating if the price falls further simply because they have it within a very diversified segment of their portfolio. Once again following the primitive, yet proven method of minimising losses and maximising profits through having more likely to be profitable stocks than riskier stocks.
As always opinions, news and facts are always welcome, comment away!
TL;DR: Jack Dorsey stepped down and a consequent price drop followed added with reduced user numbers after the Trump Administration. This could be a purchase now with a 'thinner' margin of safety in comparison to ordinary investments but could have great potential for profit as the price has become rather attractive. Just diversify!
AUDJPY SECOND CHANCE NOT TO BE MISSED Please see our analysis off Aud/Jpy above.
This pair has been making some nice movements over the past few weeks and we are looking to further capitalize on this move as they are more clear opportunities to get in on this trade and second and third time.
a) You can look for an initial bounce off our support zone back into the dynamic support. Upon seeing this dynamic support respecting for a 4th time and a clear rejection you can look to enter into this move.
b) We can wait for a nice aggressive move through our support zone and dependent on how aggressive the move is there may be another opportunity to get in. If this move has enough momentum we might sail through this zone and not even look back at a retest and correction into the support turned resistance and you may feel it appropriate to get in if there is good enough momentum. However I always wait for a retest and rejection and if this is not seen it is an opportunity you can choose to sit out and watch it play out.
Whats your thoughts on this pair and my break down? Let me know in the comments below, any and all feedback is always appreciated.
The Fx Chartist
MATIC out of the Fibbo/Circle Target zone ! Seems the oprice cant go up fast because there is a lot of liquidation going on, now its going outside the main Fibo Cirle zone this is a grat opportunity to get in !
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***Polygon Future Price Predictions***
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WalletInvestor has a 2026 price target of $10.66. This price target represents an upside of 410%. The target is based on their artificial intelligence (AI) model and technical analysis.
Finally,
Digitalcoin has a 2028 price target of $9.33. This target represents an upside of 346%. Digitalcoin developed their Polygon price prediction based on historical data and a proprietary algorithm.
GOLD - Triangle of DOOM Hello from Genesis Go!
Here we can see the larger time frame triangle Gold is currently trading in. We are going to be searching for long positions to re-test the previous resistance trend line. As you can see on this support trend line there have been many fake-outs to the downside to supply areas with a strong demand at those levels. Keep an eye on both support areas that have previously been tested and immediately bought back.
As we squeeze towards the end of this triangle we can expect a huge move.
BITCOIN - Big Opportunity is here!Hello, Genesis Go here!
The Bitcoin price has had a correction from the all-time high but is still in a bullish trajectory. We recently bounced off of our support #1 area and the price is looking to make another push higher. If we break the above the resistance trend dashed line then we will aim towards the recent all-time high and beyond completing a third wave higher.
USD/CHF BUY IDEAHey tradomaniacs,
welcome to another free trading-setup!
USD/CHF:Daytrade-Preparation
Market-Buy: 0.91880
Stop-Loss: 0.91675
Point of Risk-Reduction: 0.92115
Take-Profit: 0.92710
Stop-Loss: 20 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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SPX500 BUY IDEAHey tradomaniacs,
welcome to another free trading-setup!
SPX500:Daytrade-Preparation
Market-Buy: 4598.00
Stop-Loss: 4580.50
Point of Risk-Reduction: 4619.00
Take-Profit: 4673.00
Stop-Loss: 18,5 points (185 pips)
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPCAD - 29th November, Possible Next MoveMeanwhile, we had a re-pricing of some imbalances today on GBPCAD.
Currently, we are looking for buying opportunities to reach the gap formed today at the end of the day.
The market will probably stop all buyers (the majority) before reaching the GAP so it's better to play safe and go long in the imbalance area below the gap when the confirmations we need are fulfilled.
Regards,
Team PRFX :)
EUR/USD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup!
EUR/USD:Daytrade-Preparation
Market-Sell: 1.12900
Stop-Loss: 1.13075
Point of Risk-Reduction: 1.12700
Take-Profit: 1.12060
Stop-Loss: 17 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me