Position Developing - 45min Interval - CELHello Everyone,
The stock (CEL) has appearing to garner a modest amount of upward momentum. In the very least, PA is either attempting to consolidate at current price levels or formulate a breakout position. (Let Market Action Take Place and Then Form Your Decision).
Resistance Level 1 - (7.45 - 7.75) 30 cent interval
Blue Horizontal Line - (4.25 - 4. 55) 30 cent interval
Support Level 1 - (5.30 - 5.55) 25 cent interval
Support Level 2 - (3.40 - 3.70) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***
-LionGate
Patience
Reversal Impending - 4hr Interval -VUZIHello Everyone,
The stock (VUZI) appears to have endured a significant amount of sellers over consuming buyers (bearish market). In this regard, an immediate (or within the next formation) reversal may be in order to either consolidate at current PA (Price Action) level or breakout to lower lows (or higher highs). Further is always necessary prior to trading transfers
Resistance Level 3 - (7.15 - 7.45) 30 cent interval
Resistance Level 2 - (5.25 - 5.65) 40 cent interval
Resistance Level 1 - (3.70 - 4.10) 30 cent interval
Blue Horizontal Line - (3.15 - 3.35) 20 cent interval
Support Level 1 - (2.45 - 2.75) 30 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Position Formation - 4hr Interval - EURJPYHello Everyone,
Currency Pair (EURJPY) appears to be forming various potential setups within the upcoming weeks.
Blue Horizontal Line - (125.475 - 125.525) 50 pip interval
Resistance Level 1 - (126.185-126.235) 50 pip interval
Resistance Level 2 - (126.750 - 126.800) 50 pip interval
Resistance Level 3 - (127.475 - 127.525) 50 pip interval
PA (Price Action) - (124.700 - 124.850) 150 pip interval
Furthermore, the resistance levels represent possible formations if the (blue horizontal line) is coupled (broken). Which can provide further bullish momentum to hit Levels (1-3). As for the current price action, let the market run its intended course and then wait for confirmation at (blue horizontal line).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Reversal Imminent - 45min Interval - EURUSDHello Everyone,
The currency pair (EURUSD) has been on a (bearish) trend since (March 20th -21st). Considering the present PA at Support Level 1, there is a plausible opportunity to believe that the pair will be in an uptrend (or consolidation) within the next few days. Wait for further price confirmation. The PA has broken numerous consolidation levels to further progress downwards (March 25th -26th, March 28th - April 1st).
Resistance Level 1 - (1.13915 - 1.13945) 30 pip interval
Support Level 1 - (1.11890 - 1.11920) 30 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
Long Position - 4 hr Interval - CBKHello Everyone,
The stock (CBK) appears to be attracting a bullish formation for the next couple of weeks. Since the stock has been oversold for arguably 2 - 3 weeks, there is only "reason" to believe that a reversal is imminent. As what goes down, must essentially come up (basic physics).
For Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)
USDCAD Long Swing BUY LIMITUSDCAD
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Even though USDCAD is in a 4 week range, there is a decent opportunity to profit from USDCAD this week/
Seeing that sell-off late last week, we are now in a good position to buy USDCAD. However, we will wait for price action to gives us good entries.
Last time price was near the demand, we saw bullish pinbars which fueled the bullish move that followed.
BUY LIMIT @ 1.3271
SL 50 pips
TP 400
~8R
Til we meet again beloved!
AUDNZD Short Trade Idea Aussie / Kiwi
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Currently is sitting at Weekly Supply Zone, this pair received a push to the upside due to Rate Decision news by NZD last week.
However, since AUD and NZD react almost always the same to news, we expect heavy bearish pressure tomorrow from AUD interest rate decision.
But we know already from supply and demand analysis, we see that being in weekly supply zone, we expect sellers to be coming into the market.
In addition, this area has seen bearish rejection in past few weeks.
Sell @ Market Execution
SL ~50 pips
TP ~250 pips.
One important thing to note:
After this bearish move, price is almost near where the "Flash crash" had happened at the start of the year and so the bearish correction would now be complete and I suspect there will be bullish momentum from henceforth earlier this year
AUDJPY Short Intraday Trade IdeaAUDJPY
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Currently in a 10 week range since Jan 14, 2019.
Hopefully we can see some movements this week fitting for a King!
I see a fall after testing daily supply and weekly trendline resistance.
We find ourselves in similar waters as weeks ago when price was this high, it then gave a massive drop. We suspect big banks are adding more sell orders in order to make this drop a reality.
Currently experiencing weakness in global economies and we shall see what happens to AUD after its Interest Rate Decision.
Sell @ Market execution. Classic ~4R.
Til we see each other again beloved!
Long Position - Daily Interval- ASNAHello Everyone,
The Stock (ASNA) has been experiencing a downward momentum for quite some duration (November 2018 - March 2019). Considering the current fluctuation in PA, there is a viable opportunity to enter a long (bull) position for the next 2 - 3 months.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
CXY - Canadian Dollar Currency Index (Neutral)CXY - Canadian Dollar Currency Index
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Currently in a 4 week range, saw a good surge of buyers on Friday.
It is currently attempting to test 2017 descending channel.
The reaction to this trendline will be instrumental in what happens next for the CXY
Let us wait and see.
Should we see a breakout, expect a retest of the trendline then more upside move
NZDUSD Neutral Move (RANGING)NZDUSD
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Price has been in a 3 month range and there should be hopefully a decision by buyers or sellers as to what will happen.
Last week sell-off showed strong bearish pressure within this range and a further decline should really see how NZD economy progresses overall as global economies are weakening currently.
Now a common fallacy, retail traders have is that when price retests a level with many touches, the level is weakening, this is untrue. What really is happening is, sellers are getting more sell orders in as the first time the sell-off happened, not enough orders were completed or wanting to get in more orders before moving lower.
From the 4hr channel, we see price respecting both outer boundaries and stays within the Weekly range.
One would think that a big move is imminent, keep watch and see.
I would wait at this point to see what happens next.
CADCHF Long Swing Trade IdeaSwing Trade Idea for CADCHF Long.
Chart pattern observed: Inverted Head and Shoulders. Saw it like in a second. Now the Left Shoulder and Head has been formed, now for the Right Shoulder to be formed. This is a slow moving pair but pays out well. This will take a very long time to play out. But patience pays. Price is pushing from demand on the weekly.
From the trendline, we see price has touched 5 times so we should expect a break soon but be prepared if it doesn't.
This is the weekly chart and resistance had seen 5 touches by price.
Normally, when trading any SHS pattern, you wait for the break of the neckline and retest then you enter the trade. But price is at a good spot to open a position and wait for months.
Apply proper risk management if you wish to take the trade. This trade will pay!
If you haven't tried a swing trade before, try it and test your patience. You are looking at a risk:reward of 1:8.
And once TP is hit, price should fall very quickly because this would be a big weekly supply zone. And how we know it is strong is because of how many times it has fallen from that level above!!
Crude WTI Oil Short 1 Hour Trade IdeaCrude Oil Short
After seeing the first drop at 60.25, oil has been declining ever since.
And a bearish flag pattern is seen on the 1 hour.
I see this as a CP (Continuation Pattern)
To tie in this thought, I also see compression into demand where buyers keep buying until it reaches an area where supply exceeds demand and it quickly falls,
Within that blue zone, price will form supply once more and freefall.
This is a high probability, low risk trade forming.
Easy 6R trade!
Until next time beloved!
Break OUT OpportunityHello Everyone,
Within previous months we have begun to witness the formation of upward moment. If the continued trend were to continue bullish then (112.50-112.100) would be a solid entry point. However, a reversal would indicate a viable entry at the (109.750-109.800).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Cautious and Stick To Your Trading Regimine).
- LionGate
EURCAD Long Daily Trade Idea Buy LimitEURCAD Buy Trade Idea Daily
The sell-off the past 2 days has now fueled price to return to February 22 trendline support.
The 1.506 - 1.509 level proved to be a strong area of demand seen from price recent visit there.
I expect bullish momentum to continue for this pair having respected the trendline 3 times before.
From that demand, we should expect price to break through demand having since weakness in the pushes away from the zone recently.
Risk:Reward Ratio of 6.4.
Please apply proper risk management if you seek to take the trade. This should be a nice swing based on all that we see happening.
BUY LIMIT set @ 1.509
Stop loss: 30 pips
Take profit: 200 pips
Until we meet again!
AUDNZD: Emotions In TradingLet me know what you guys think about my german accent - Im working on it. Hope you enjoy the video.
Reversal o Expecting to go up
o Sellers running outta steam
o Buyers bout to be on roids
I will adjust profit targets as I watch price action
and change price targets accordingly. lets get it.
EURUSD long at 1.13Go long on EURUSD at price 1.13 . In my chart you can see more trend-, support- and resistancelines. The point where we go long is the point where we get a second retest of the trendline wich you can see. We wait for the price to drop just below 1.13, then we can go long if we get a confirmation from the candles. Have got this set up in the charts for several days/weeks now and have been waiting for the second retest since it will be at a point where you can find more than one reasson to go long.
TSLA oh the one that keeps giving? Yeah that one!Hey everyone the best technical analysis follower of all time award goes to this fella here. I've seen this play out so many times, you simply buy towards the bottom and hold for a month or 2 make your money and then short from top to bottom. Very news driven stock almost as if Elon himself knows exactly what he's doing every time he tweets. We are close to a bounce area of this trendline and if it fails then we test $250 possibly but this is a good area to pick up some shares. Goodluck and have fun my tsla model 3 future owners. :)
WEED STOCKSSS:NBEVCheck my cron post for more details on weed plays. NBEV the slowest of weed stocks. Always a bit tricky to play this one here but hey they make weed infused drinks sooooooo this tends to move with the rest just a lot slower so keep on watch or a light position won't hurt. Goodluck have fun my weed drinkers. :)
