Oversold
Price on long term demand zonePrice is consolidating at the demand zone from 1998 and is clearly oversold. It won't take much more time to start climbing up. I already have a long position but still good time to jump in. My TP is around the 30 level but is probably too ambitious, I will take profit on the way up. There is a resistance at 26, be careful with that one.
LRC Loopring - Quiet before the STORM ?Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Loopring / LRCUSDT has been trading under its 50 day moving average for a few weeks now (this is the weekly chart). This means that the chart is heavily oversold from the MA perspective and a correction is due.
This is bullish, because a correction back towards the 50d MA is expected , even if we get rejected there it will still be an easy, low risk high reward setup that could provide +140%. Keep an eye out on this altcoin and the price action along the moving averages !
Have a great weekend, the charts will be here on Monday 🥂
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CAD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Oversold + Demand zone
🟠 EP 0.64492
🔴 SL 0.64130
🟢 TP1 0.64861 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.65228 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.65607 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
AUD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Oversold + order block + Demand zone
🟠 EP 0.57523
🔴 SL 0.57369
🟢 TP1 0.57675 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.57830 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.57986 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Updated Top Based On 4103 BottomIf Primary wave 1 finally ended, this the preliminary path for the remainder of 2023. The ABC waves are based on common movement and duration if Primary wave 2 is 278 hours long and moves up 307 points which are the preliminary targets. Once Intermediate wave A ends, updates for B and C (same endpoint as Primary wave 2) should be available. These targets are almost too perfect to be the specific reversal points, but the reversals should exist in the highlighted zones.
The percentage levels on the far right have not changed from the last analyst however, the end point in the final week of December is an adjustment based on the two extra days added to the end of Primary wave 1's analysis from Wednesday.
Some good volatile trading ahead.
EURCHF - Now OverSold ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, attached on the chart, we have been looking for sell setups around the upper bound of the red channel.
EURCHF traded lower and it is now approaching the lower bound of the channel.
Moreover, the zone 0.945 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
As per my trading style:
As EURCHF is sitting around the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KDA - Great level to $tart DCA, very over$old on many timeframe$KDA Kadena is a very solid project. We have been following it for a long time.
Currently it is seriously oversold and it presents an opportunity to start looking for an entry.
Follow the analysis in the video to find out why we believe so.
Thank you for watching! Comments and feedback are always welcome :)
XAUUSD ↗️↗️ Demand zone+ oversold Hello Everyone 🙋🏽♂️
As we could see the price hit the demand zone with an oversold on the RSI, with a Bullish Doji Star . Strong buy .
in my opinion 🔴 Stop loss 1800
🟢Take profit 1 1850
🟢Take profit 2 1900
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
QBTS | Very Oversold Condition | LONGD-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.
NZDUSD - Wait For The Bulls ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDUSD has been overall bearish trading inside the falling broadening wedge pattern in orange, and it is currently approaching the lower bound of the wedge.
Moreover, the zone 0.57-0.58 is a strong support zone.
🏹 So the highlighted orange circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower orange trendline acting as a non-horizontal support.
As per my trading style:
As NZDUSD approaches the lower orange circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Down For Two More Days and then...Today’s break below 4238 all but sealed the deal on Minor wave 4 going up higher. Most likely path now is the index is well into Minor wave 5 en route to the bottom below 4130 in the coming days. Some signs that Intermediate wave 3 does not have much more to decline is the multiple wave 3 signals visible on the Daily chart. A gap between wave 3 signals indicates the end of a wave 3 of 3 and the beginning of the end of the wave 3 itself.
The first signal clearly occurred where Minor wave 3 was believed to have ended. A return of the signal based on today’s trading means we may get a few more days of signaling before the bottom is established. But this firmly hints that Minor 4 is no more. The data for forecasting Intermediate wave 3 remains valid from yesterday as nothing has changed to impact those values. The slope to move up to yesterday’s forecasted Minor 4 endpoint to the Intermediate wave 3 endpoint looks much more realistic today after confirmation Minor wave 4 ended many hours ago.
METHODOLOGY:
I operate a modified wave theory composed of Dow Theory and Elliott Wave Theory. All data is determined from comparing current wave locations with historical wave relationships. The listed percentages are based on previous movement extensions and retracement quartiles of the data. There is too much data to list all points but overlap of the quartiles based on specific relationships tends to point to more likely targets. The light pink levels are based on most specific data, light blue is slightly broader, and yellow levels are the broader set of data used. A red level typically indicates maximum historical move for the current wave throughout the historical data.
MINOR 5:
Minor wave 1 was 21 hours, wave 2 was 40 hours, wave 3 was 62 hours, and wave 4 was a measly 10 hours. There are zero requirements left in play for Minor wave 5’s length meaning it can end tomorrow or a week from now (less likely, just getting the point across). Minor wave 5 is currently 20 hours old. The models point to a duration for Minor wave 5 to be less than 59 hours which would be the morning of October 11th. Some models indicate 45-50 hours for duration, with a renewed uptick around 52-54 hours long. Another pocket of strength is at 35 hours which is just over 2 trading days away. Models are indicating a bottom between 4115-4150 for Minor wave 5, with a bottom as early as 4200. The overlap in the Minor wave 5 bottom and Intermediate wave 3 bottom is a small area between 4115-4140 between the end of trading on Friday and midday next Monday. While both the yellow and magenta boxes could contain (or neither) the bottom, this small white overlap box will be the focus.
ECONOMIC CALENDAR:
If the bottom is Friday or Monday, Friday is very busy from a news standpoint, while Monday appears calm. If the bottom is Friday, it may go down initially as the early morning numbers are digested but then beginning to slowly move up later or Monday begins to drift upward on no news and a holiday for some folks.
EUR/USD Short Term Outlook (Quick trade setups)EUR/USD is showing signs of overextension on the daily. With an RSI reading of 24 and nearing the bottom of a declining trend line, we should start to see some calls for liquidity from sellers, opening up the opportunity for buyers to recover slightly.
I identified our upper supply zone which which sits right at our Major CHoCH level. I’m expecting price to rebound toward the fib 61.8/70.7% level for a mitigation and pull of liquidity.
Our two trade opportunities are:
1. Short-Term +- 3 R:R trade to the upside riding with the buyers toward mitigation and liquidity levels
2. Long-Term short trade once we mitigate these levels and grab liquidity for the sell-off
GBPCAD will rise soonGBPCAD is oversold at this situation.RSI shows that .so we can see a correctional buy .
EDUCATION
so to find tha point of reverse in the market we can use out fibonacci tool to high to the low the impulse
in that point we can see the 0.382 Fibo level is perfectly matched with the previous support which will become the resistance soon.( SBR ).also the trading is th reacting process it can not project .so we have to see the price action on that fibo level before it makes an rejection
USE your own risk management.
📅📈4-Year Bull Cycle and the 100 SMA Connection 🔄📅 The 4-Year Bull Cycle: Many seasoned crypto traders are familiar with the concept of the 4-year bull cycle, which appears to be a recurring phenomenon in the world of cryptocurrencies. Historically, it's been observed that approximately every four years, Bitcoin experiences a significant surge in value.
📉 The Dip Before the Leap: Interestingly, before each of these major bull runs, there's often a notable dip in the price of Bitcoin. It's during these dips that we see Bitcoin briefly dropping below the 100 SMA (Simple Moving Average) on the charts.
🚀 Setting the Stage: The dip below the 100 SMA seems to serve as a setup for the next bullish wave. It's as if Bitcoin takes a brief breather, shakes off weaker hands, and then prepares for its ascent.
📈 Past as Prologue: While history doesn't guarantee future outcomes, this pattern reminds us of the cyclical nature of the crypto market. It's not uncommon to see Bitcoin drop below the 100 SMA, only to rally to new heights shortly afterward.
🔍 Key Takeaway: Keep an eye on the 100 SMA, but remember that it's just one piece of the puzzle. Crypto markets are influenced by a multitude of factors, and no single indicator can predict the future with absolute certainty.
💡 Stay Informed and Adaptable: As crypto enthusiasts, our strength lies in staying informed, adaptable, and open to various perspectives. While historical patterns can provide valuable insights, they should be considered alongside other indicators and analysis.
🔄 The Cycle Continues: Whether you're a seasoned trader or a crypto newcomer, understanding the patterns and rhythms of the market can be empowering. The 4-year bull cycle and its dance with the 100 SMA are just part of the ongoing saga of crypto.
❗See related ideas below❗
Don't forget to like and share this post, and share your thoughts in the comments. Your insights fuel the crypto conversation! 💚📊💚
Fun tradeThe price is trading at all-time lows and appears oversold. I don't see any interesting price action on high time frames, but on low time frames (I posted the chart below in the comments section) it is doing something. I just bought some stocks just for fun, without risking too much because it's a meme stock, it's like gambling. It's not bad to bet a little.