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Cup and Handle Formation on Gold Monthly ChartHello Friends, Many reasons which in confluence indicate that Gold has long rally to go from here (Current level 1871 USD/Ounce) as on 14 Feb 22. 1. Cup and Handle Formation on Gold Monthly Chart: Cup and Handle Pattern formation is visible on Gold's chart on Monthly time frame. Theoretically, it indicates targets of as high as Cup's depth, i.e. approx. 800 $ from here, i.e. 2600 - 2700 USD range. 2. Considering the up move that started in Oct 18 and lasted till Aug 20, Gold had shown Fibo retracement to 38.2% and bounced back from there twice. Thus, the level (1675 USD) is showing a decent support. 3. Flag Pattern: Above movement coincides with Flag Pattern, where the movement from Oct 18 to Aug 20 formed the pole and later channel formed the flag. On breakout of upper channel of flag, the targets that comes are height of flag pole. i.e. approx. 800 USD. This again coincides with 2600 - 2700 USD range target. 4. Geopolitical regime: Current rows between Russia and Ukraine may lead a shift in asset allocation from riskier to safe asset class, i.e. Gold. 5. RSI Indicators: Momentum of daily RSI had already crossed crucial 60 levels and weekly and monthly time frame seems to follow the suit. In case this happens, it will result in long term up ward movement in gold prices. 6. Gold is respecting 20 EMA support on monthly timeframe which is acting as a good support. Thus, this time Gold's price seems to break earlier highs and is poised for a long term rally. Conclusion: Accumulate in range of 1800 - 1850 with 1675 USD as strict Stop Loss on daily closing basis. Above published for Educational purpose only. Trade in consideration with your own risk appetite, in consultation with your financial advisor. Yours, The Humble Trader
OANDA:XAUUSDLong
by TheHumbleTrader82
2
EURGBP Position RR 1-110 (Technical)Yesterday I have Entered this trade with 5 pips stop loss using 2% of my bank account. Currently it moved 50 pips in my direction. I just put it a bit above breakeven. Entry Reasons: On Montly/Weekly we can see that: 1) The price is slowing down. 2) On weekly chart we can see a Falling wedge formation. 3) Plus it is on monthly support level. 4) Also we can see the RSI MACD Divergence. So, in summary on technical side this pair is bullish. Will closely look at its fundamentals in process. My entry was: 0.83101 My Sl: 0.83151 My TP: 0.85601 PS: I wont move my SL to make the price more space to move. Will Update frequently.
Long
by Ryokoooo
1
VIST : POSITION TRADECrude oil prices gained slightly on Wednesday, extending multi-year highs supported by an improved demand outlook as accelerating COVID-19 vaccinations helped lift travel restrictions in Europe and the US. On the supply side, OPEC+ agreed to keep to their plan to gradually ease supply curbs through July, signalling the ongoing strengthening of market fundamentals. Also, expectations for more Iranian crude exports faded after Iran's deputy foreign minister Abbas Araghchi said that Tehran's nuclear talks are unlikely to conclude before Iran's presidential elections. Meantime, data from the American Petroleum Institute showed that stocks of crude oil in the US plunged by 8.537 million barrels in the week ended June 11th of 2021, the biggest draw since the week ended on September 11th, 2020. On Tuesday, Brent crude added $1.24 or 1.67% to $74.46 to its highest levels since April 2019, while WTI crude rose $1.24, or 1.8%, to settle at $72.12 a barrel, its highest since October 2018. Source : Trading Economics, 16-Jun-2021 tradingeconomics.com The world faces a potential global oil supply shortage over the coming decade as the pullback from fossil fuels project by parts of the industry creates a gap with expected demand, Russell Hardy, CEO of commodity trader Vitol, said June 15. Source : S&P Global Platts, 15-Jun-2021 www.spglobal.com Vista Oil & Gas, S.A.B. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company’s principal assets located in Vaca Muerta with approximately 134,000 acres. It also owns producing assets in Argentina and Mexico. As of December 31, 2020, it had proved reserves of 128.1 MMBOE. The company was incorporated in 2017 and is based in Mexico City, Mexico. Source : Seeking Alpha seekingalpha.com
NYSE:VISTLong
by TradingMavericks
CRWD : RESET / POSITION TRADECrowdStrike: Another Solid Quarter; Buy Opportunistically ~ After solid F1Q22 results, we reiterate our buy rating on CrowdStrike. We urge long-term investors to buy shares on weakness and existing shareholders to remain invested in the stock. ~ Elevated security spending, new customer additions and upsells into its install base, low churn, and displacement of legacy vendors will drive CrowdStrike revenue. ~ CrowdStrike will become a formidable competitor to Splunk with its Humio acquisition. CrowdStrike hinted on the call that it displaced Splunk at a major customer. ~ CrowdStrike reported another exceptional quarter beating all metrics and guided up. We expect CrowdStrike to remain a dominant security vendor in the near term. ~ CrowdStrike stock will remain expensive and volatile. Hence investors should be buying shares on weakness as when opportunities are presented. SOURCE : Tech Stock Pros, SeekingAlpha, 04-Jun-21 seekingalpha.com
NASDAQ:CRWDLong
by TradingMavericks
MATIC/USDT Ascending Triangle on daily I like this chart and am considering a long. We've seem to be forming an ascending triangle, have a rising daily 200, 50 and 20MA, as well as a rising 8 and 34 EMA and price is above them all. It's difficult to say that a breakout is imminent, but we're certainly in an uptrend. There's a few different ways to play this. [/img} Strategy 1; Enter now, at this level (2.2) with a stop X% below the recent low on Dec 17th. The thesis is that if price got below there, it is not being held by the EMA8 anymore and this is NOT the breakout that we are looking for. or Staregy 2; Wait for price to fall back to an area of confluence between the 50 Daily SMA and the rising support line of the triangle. and enter at an area of value or Strategy 3; Wait for the breakout and then place a limit order on the throwback, with a stop exit X% below the low of the breakout candle. On balance, I think strategy 2 or 3 gives the best risk to reward profile. If I was a permabull, then of course, I'd look to enter now with a stop below the recent lows. That might turn out to be the best trade but we can't control the price of the asset we are trading and it's usually better to wait for price to come back to us. For now, this is going on my planned trades watchlist.
MLong
by LauraRuffleyRae
Dash USD - Buy and hold for 2022Hello Traders and Analysts, Welcome to 2022. This year, less posting, but more closer measurement analysing a smaller group of pairs. This refines analysis and provides clearer insights, while the principles of investment are still covered in detail. Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Note* this analysis is a positional accumulation using a cost average upon positional aggregation. Short term losses incurred will not be realised, instead buying opportunities will be added. For CFD purposes, positions can be added with wider stop losses but minimal risk lost. Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Scarlet - Four day Orange = Daily Green = 8 Hour Grey = 4hour Pink = 1 hour Monthly Imbalance for buying The main criteria for longs Strong wicks showing that the zone has failed to close within the imbalance. Net close out of the imbalance using August 20 - this coincides with the new monthly wicks proceeding creating higher highs. We have an inside bar which essentially on the monthly provides a bear trap - look down below for the weekly to see the change of hands closer. Looking left, the monthly candlesticks have created moves to establish supply imbalances. Adding supply imbalance as targets Structure understanding Using the Fibonacci from price formations - this has established zone for profit targets and change of hands zones which is a logical positional play in technical analysis. Things which are critical to understand here The swing low of the Fibonacci starts at "1", whereby price has established a strong imbalance candle The other established area is the retracement from the high, which >90% confidence within back testing scenarios across 11 crypto pairs, the established supply imbalance from the "0" or top of the swing - (which also aligns with a previous wick close). Price will look to a weekly pivot point. Price will extend to -0.618 or 1.1618 Fibonacci, which will provide a zone where price will enter a profit taking zone and subsequently a over buying imbalance and now create a selling imbalance. Not the previous top wick closes in line with the bearish open price. Weekly Imbalances Daily Fibonacci Sequence completed Price now has to break the following levels. I'm aware on the weekly a short opportunity is still present as the monthly zone can still be tested to buy at $108-100 zone, but the monthly also shows a positional change of hands from supply to demand imbalances. If the scenario where a rejection of either -0.27 and or -0.618 is present, then sell positions can be added to hedge or await buying due to the nature of a bear trap in smaller timescales. Let's view the Fibonacci chart The swing high and swing low can be applied, measured sells between $245-$222 would have been a high probability of a selling imbalance, this is due to the gearing of daily candle sticks forming a basis of structure which on the three day chart shows the netting off, where the imbalance meets the close out. 1.1 Here is the three day chart, which shows the selling imbalance where the netting had occurred. (note, on the weekly the wick created a half weekly high within the imbalance zone). What now? Well, two scenarios will occur for the bullish curve 1. being the likelihood of a buying position from a breakout of the buy where price will climb after being squeezed but creates lower highs on the daily and three day chart. 2. The second scenario, is based on the imbalance being retested on a deeper correction whereby the -0.618 or on a higher timeframe, Monthly* - the correction will be based on the wick low (looking left). So long as the chart pushes up and to the right, longs are activated. Buying zones - daily, removed Crypto dominance Possibilities Since it is impossible to predict paths understand scenario analysis I have concluded these two scenarios to create two pathways, there are opportunities to buy accumulate positions here. Orange - follows closer to a daily timeframe Weekly - downside can still occur, but will tail off due to additional volume, cash conversion to buying, profit taking from sellers to buying inputs. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXII
KRAKEN:DASHUSDLong
by LupaCapital
4
GBP AUD - Purchase on 61.8% FibonacciHello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Blue = Monthly Purple = weekly Red = 4 Days Yellow = 16 Hours Orange = Daily Dark Green = 8 Hour Grey = 4hour Pink = 1 hour An update to the previous analysis - The criteria will be linked below; This can be an intra-day trade or an additional buy to already long positions. Update from the previous; Daily View Please refer to the weekly and monthly for this analysis. See the latest analysis here; Monthly Chart Snippet - Clean view Weekly; Expect wicks at imbalances and allow reactive levels to confirm where price will take us. The Pound, Australian Dollar provides a great hedges for the long positions so remember to capitalise on them to protect capital or to simply create quick profits. Here is a probable scenario leading to the end of 2021 Volume Profile Analysis Note the key volumes of interest surrounding the key area of interest - relating to 1.82XX zone with 10.734M value area down as opposed to the 10.937M value area up. This critical area along with the above 11.554 X 11.887 has seen the incremental change shift from sellers to buyers. The reality is the volume is here assist with the opportunities. Refer back to the monthly chart to see where the imbalance dots connect and align with a bullish opportunity. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Long
by LupaCapital
2
GOOGLWelcome my dear Fried! It is my analysis for currency pair for the next week. Is there any doubt, question, criticism or praise? you can write just below. I will be responding when I read! Success to us Attetion: CFDs, Forex, Cryptcurrency are complex financial products and come with a high risk of losing money. Transparent & Ethical Trader ¡Bienvenido, querido Fried! Es mi análisis del par de divisas para la próxima semana. ¿Hay alguna duda, pregunta, crítica o elogio? puedes escribir justo debajo. ¡Estaré respondiendo cuando lea! Éxito para nosotros CFDs are complex financial products and come with a high risk of losing money. Atención: los CFD, Forex, Criptomonedas y otros son productos financieros complejos y tienen un riesgo de pérdida muy alto. Trader transparente y ético
NASDAQ:GOOGL
by Fx-Investmentt
2
GBP JPY - short due to higher timeframes confirming sellsHello Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged short, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note - the overall trend is bullish, where the main trades are placed at 154.5X and 156X respectively and now 152.05 . Previous analysis: Private Analysis gave key criteria for the short. May 4th - Weekly chart The main plan here is execute upon the rejection of 0.382% Fibonacci as the daily chart shows a lower highs being created as well as within the weekly imbalance - equal lows, which is suggested a high probability with chart patterns this can now break? This will be a reactive trade, so trade according to your plan with defined risk management. The higher timeframe suggests a volatile re-bound swing after every selling day. So take this into account. Here is the current Weekly Scenario This takes into account the movements where buyers took control of the correctional See further for the before -0.618% Reversion price fractal found in the daily Imbalance. Bearish scenario Where price is rejecting the 156 - price can fall to a potential low - towards 141. This is due to the heavy bullish imbalance which was established back in November 2020. Price had created a reversion point - and from here the imbalance had tested the rising channel - creating a huge opportunity. With imbalances - price can and will move back to retest the lower imbalance. Despite the overall *3month chart - producing a bullish consensus, the pattern can be a longer term buy. Where price has a probability of breaking the weekly imbalance - the chance of the price continuing is likely. Again this is using probabilities, to understand why this area is of interest, refer to the upload chart provided. Be aware any reactive level offers volatility and an opportunity to add buy orders, sell orders to generate hedged net positions. Daily Chart; Here is the wedge pattern in which in combination with the trendline remaining intact, The Fibonacci probability of the reactive zones have been consistent in shorting aspects The daily chart shows the lower highs and equal lows forming The 152.0 - 152.3 zone was perfect to short - where the 8 hour chart shows my thought process. 8Hour Chart Successful Retest of the zone - Four Hour chart today Clear move up to 152.00 - 152.3 as the traffic shows no strong move against the selling yet. Please await the next zone for making an opportunity. Cross correlations between GBP USD, XAU USD The price chart here signifies what GBP USD is doing, where the dollar is correcting against the pound from an imbalance level at 1. 40 - price is now in a correctional phase, awaiting a buy move, therefore GBP JPY with a strong inverse, is also experiencing the same inverse phase. It looks like the Sterling pairs are correcting and correlating, meanwhile XAU is whipsawing upon the 1775-1800 mark. The correlation will vary between time frames, but in terms of the way the range works, this ignores noisy data on the lower time frames and highlights different imbalances which match up using the four day and weekly crossing of imbalances. To see the inverse correlation (not causation) of two GBP pairs, both affected by the reactive levels taking place at the same time. Please note* trading opposite correlated pairs upon a imbalance level is highly not advised due to 100% loss taking trades in opposite directions when price reverts against you. The strategy should be implemented upon confirms. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Short
by LupaCapital
9
GBP AUD - Lots of room for buysHello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Blue = Monthly Purple = weekly Red = 4 Days Yellow = 16 Hours Orange = Daily Dark Green = 8 Hour Grey = 4hour Pink = 1 hour An update to the previous analysis - The criteria will be linked below; Original Jan 1st 2021 Please refer to the weekly and monthly for this analysis. See the latest analysis here; Monthly Chart Snippet - Clean view Weekly; Expect wicks at imbalances and allow reactive levels to confirm where price will take us. The Pound, Australian Dollar provides a great hedges for the long positions so remember to capitalise on them to protect capital or to simply create quick profits. Here is a probable scenario leading to the end of 2021 Volume Profile Analysis Note the key volumes of interest surrounding the key area of interest - relating to 1.82XX zone with 10.734M value area down as opposed to the 10.937M value area up. This critical area along with the above 11.554 X 11.887 has seen the incremental change shift from sellers to buyers. The reality is the volume is here assist with the opportunities. Refer back to the monthly chart to see where the imbalance dots connect and align with a bullish opportunity. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Long
by LupaCapital
3
BTC USD - currently neutral, overall longHello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral for the short term. Long term, bullish, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Blue = Monthly Purple = weekly Red = 4 Days Yellow = 16 Hours Orange = Daily Dark Green = 8 Hour Grey = 4hour Pink = 1 hour Please see the previous chart idea to understand where price was heading Monthly Imbalances Here are the latest imbalances for Bitcoin, where the point of interest had offered a weekly candle close from the peak high of $64,823.XX to $51,997.XX. This is a huge imbalance where price has offered a large change of hands to a critical price inefficiency. Sellers are now in control and created a low with a heavy drop where the weekly shows the rapid selling. This is due to the buying imbalance now changing to provide efficiency based up on the pivot point. Weekly Imbalances On the weekly - price has now created a mid zone where the low of $28,200 zone, price has tested this but created upon the monthly - an opportunity of this low saw multiple retests - this offers a high opportunity for price to assess the direction. Price has now created multiple indecisions and a 50% to $41,300 offering a $13000 est range. The upper zone between $64,7XX to $56,XXX has strong weekly selling. Reviewing the candlesticks shows a clear sell opportunity, but awaiting confirmations would be to see lower lows created and the retest of the candle. See below* See what happened from our previous analysis - From the $50,000, a trade hedge has been place to capture selling opportunities as price offered a opportunity to short term sell, but long term holding target - subject to pivot points. Trade is now in full profit and if stopped out, no losses will be incurred Here is the Daily, since the previous analysis - please ensure you read to understand why this was taken. Overall, yes the market is in a bullish structure using the inception and three month chart, conversely price will always return to the imbalance - when? This is the question. BTC USD Bitcoin is still the overall leader within the movement of the Cryptocurrency world, and there is a large area of movement for price to close lower and lower into the territory where price will look to reverse at two options; highlight on the monthly zone. See below for the analysis to show that imbalances repeat themselves. The weekly has applications for lower lows, with a large amount of room to the imbalance to the downside. This is a fresh structural cycle - where price has and will move to this level. BTC Line chart Price has the opportunity to falsify a move to the upside. BTC VS ETH USD As the two largest cryptos are both here and where the correlation of smaller alternative coins - the market is in "euphoria mode" but to prevent losing out. Paying attention to the critical levels highlighted below will assist. Where price breaks $2,000 on ETH "Rounded Psychological level", price will created a lower bearish channel formation - the opposite to See the capitalization of the two correlated pairs with respect to Ethereum Based Link. Key Bitcoin - BTC - Blue Ethereum - ETH - Purple Link - LNK - White See the secondary scale showing BTC price chart using the weekly to identify the zone to watch for. Volume analysis Using the Daily chart - Here shows the tight range of buyers and sellers by volume. The largest zone has been heavy between the $38,000 to $32,000 range. Current state, using volume analysis at the $50k Previous 50k mark Notice the same change of hands? Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
COINBASE:BTCUSD
by LupaCapital
5
AUD USD - Target reached! Now what?Hello Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged short, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Scarlet - Four day Orange = Daily Green = 8 Hour Grey = 4hour Pink = 1 hour Previous analysis: link here: See the previous work June analysis: The Aussie has now passed 0.76 hurdle first, using a a daily Fibonacci on the daily chart, the price levels of this very strong strength from the Australian Dollar, the Fibonacci retracement of 0.382% is a strong possibility which has now been proved as price action here tapped 0.772 zone and consolidated while still making higher lows - giving confidence of confluence here rising to the monthly imbalance. The next Hurdle is 0.80 which is our target for the next 3-5 months. The plan since the original analysis, price has been bullish and driving towards the 0.80 mark as expected. beating the analysis prediction at an early scenario by 1 week. Monthly imbalances Price has rejected the previous yearly lows of AUD USD at 0.55 to a $1.00 This zone is a powerful buying zone for positional holders like us for two reasons; 1. - Price is clearly making lower highs 2. - The wicks are closing bullish - suggesting the zone is a fractal buying imbalance for buyers. Weekly time frame Imbalances The weekly imbalances are shown and provide a clear indicator where 0.80 was a great opportunity with a key wick where price closed at the same price. The weekly imbalances once the short has initiated shows the lows to monitor at the next imbalance where price will offer two key scenarios; 1. - The probability of the rally, base, rally continuation . 2. - The probability of a rally, bounce, rally where price will offer an opportunity to sell again. Daily Fibonacci The Daily Fibonacci provided a double top or a 50% retracement rejection. For the shorter term sellers adding a position here would suffice, but recommend placing a larger position on the 61.8% as mentioned. The edge of the monthly imbalance, has key closes which come down to a daily level with fractal pivot points. Notice how price will revert to test the zone price has come from. But creating the formation of a lower high. The Answer is yes to continue to hold further Yes it has and here is the proof, revert back to June 29th chart and hit replay. Do you enjoy the setups? Professional analyst with 5+ years experience Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Short
by LupaCapital
1
GBP USD - Sell active using probabilityHello Traders and Analysts, A Note before reading - this is a technical breakdown analysis - based upon our trading strategy. This is tagged short, due to selling further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Breakdown 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. Master Key for zones Blue = Monthly Purple = weekly Red = 4 Days Yellow = 16 Hours Orange = Daily Dark Green = 8 Hour Grey = 4hour Pink = 1 hour Below are the monthly imbalances Firstly using the monthly timeframe, this has provided two key zones of interests for long positions. (i) the huge sell off from the US Dollar back in March 2020 provided a key buying imbalance, this had affected the correlation between other pairs against the USD, for example - AUD,NZD,EUR, etc. the swing low formation hit 1.1394X with a sharp whipsaw effect on the monthly timeframe. (ii) the price reverted back to the original imbalance - to the zone including the psychological 1.40mark. These established zones are prominent on the chart for two key reasons; i. price always retests imbalances ii. where the monthly chart is showing pressure against the GBP creating a lower low pattern through the chart structure historically. Weekly imbalances The weekly imbalances have been established within the monthly zones - where the use of the Fibonacci pattern has completed. The selling position in play due to two criteria based upon the weekly see below images to support the probability of sells as the monthly imbalance is within a strong reactive level. Using the Fibonacci based upon the market structure - price has completed the 1.618 extension target or if using the inverse method -0.618 target. Once the established high is deemed, the weekly structure is formed from the far left - showing the weekly sell candle rejecting the imbalance top closing out the previous high of the structure. The reversion back into the monthly zone offers a sell position to be placed capturing the move. Price had retested this zone again failing to extend the buying imbalance to create a second block. Instead, the lower high suggests price will continue to falter. Hence a higher sell probability. Cross-Pair analysis See below for the cross asset-comparison between the following; EUR USD - Purple GBP USD - White USD CAD - Cyan AUD USD - Dark Blue The inverse correlation, not causation here shows the negative correlation as opposed to USD CAD. This stems back to the supply and demand factor from the relevant cross-pair analysis's where imbalances exist for each. . See the reference using the weekly chart against the EUR USD Four Hour Chart See the four hour below; The pivot points are exactly on the same timeframe, just the fractal differs. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Short
by LupaCapital
3
SILVER - Bullish Wave 3 soonAccording to Elliott Wave Theory, Silver (XAG/USD) might have completed its Wave 2 retracement. Here we can break down its recent descent since the beginning of February 2021 into visible Leading & Ending Diagonals. One concern is that thus far, it has only retraced to 0.382 Fibonacci Retracement. It could definitely go down further for corrective combinations (W-X-Y / X-Z) - however that is still entirely a speculation. What is visible now is that - we have likely completed an A-B-C (Wave 2) and if no corrective combination is in play, we could potentially go up very impulsively as Wave 3.
OANDA:XAGUSDLong
by TranscendentTrades
ETH USD - August UpdateHello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Breakdown 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. Master Key for zones Blue = Monthly Purple = weekly Red = 4 Days Yellow = 16 Hours Orange = Daily Dark Green = 8 Hour Grey = 4hour Pink = 1 hour See the original idea May 25th 2021 Assessing ETH & BTC Dominance Below is the ETH vs BTC on the monthly chart. Applied imbalances on both charts side by side. ETH vs BTC Ethereum imbalances applied vs the monthly Bitcoin imbalances. Below are the monthly imbalances Firstly using the monthly timeframe, this has provided two key zones of interests for long positions. (i) the first zone has created a perfect early opportunity where price has firstly established a high of $143X dollars and retested the low - creating an inefficiency between the high and the low. Now from the low test - price has confirmed a strong imbalance where price can now target to create an equal high. (ii) the second zone which marks an in efficiency - is between $200 - 490, where the monthly zone had created a bearish month - by creating a pathway from the bearish candle high, notice how price closed out the previous wick on the falling pattern back in July 2018. This is the key identifier which price has re-aligned creating a fractal pattern on the weekly. where; (i) A bullish fractal is created when the low point is established, with two higher low bars/candles on each side of it. (ii) A bearish fractal occurs when there is a high point with two lower high bars/candles on each side of it. Here are the weekly imbalances Here are the three zones which are imbalances created in the past. Price is currently forming a weekly/monthly imbalance at this moment, however it is difficult to determine without a close. So longs are still activated in a buying pattern upon the long term outlook and short term outlook . The first zone established - has been created using the previously created all time high from $1100 - $1400- the previous monthly wick has been closed out by the imbalances of the buyers and can become the lowest imbalance but also the strongest to identify where price will able to drop to in a bearish probable scenario. the second zone is placed above - where price created a retracement from the high established. Using the Fibonacci tool, price aligns to a low of 50% which touches the zone perfectly. This is a perfect pivot point to complete the overextension sequence using the weekly. [refer to chart ii ] Chart ii The bears are coming! - which is normal as part of buying and selling imbalances. Using the 16 hour timeframe: Below are the sixteen hour imbalances where - price has shown a good opportunity for price to react to the following zones. Note the top zone is a Fibonacci zone - as stated in multi timeframes above. The true zone according to the imbalances are $3100-3500 for a opportunity to short again . Let price fall and react accordingly to the zones. Await the opportunity for the imbalance wick to close out - where price will be successfully filled. The Bears came and fell to desired reaction level to test $1600-1750 level as expected this aligned with the 61.8% Fibonacci structure and continue to offer discounts to buyers. Yet the 70.5% did not manage to adopt The reaction occurred as expected as the weekly zone below is the most important established imbalance. The overall big picture of Fibonacci combined with the imbalances: Note the 50% & 61.8% of the retracement zones are important here. Cross pair analysis Tracking the closest correlated coins . Ethereum, of course being the 2nd highest coin . Key: Bitcoin cash - Orange Litecoin - Sky blue Monero - Yellow Stellar Lumens - Purple. Using a line chart graph, you can distinctly find where price has shown a similar market structure using imbalances. Notice the pattern formation on the in the two current zones. the correlated assets are providing insights, respective to the pathway desired by price between the new imbalances. All coins have , the extension pathway has created opportunities here to continue longs - where the weekly zones and monthly zones indicate the buying zones or profit targets for sellers in kind. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
BITSTAMP:ETHUSDLong
by LupaCapital
5
GBP AUD - Continuing to grow to 2.00+Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Grow with Lupa, this trade has seen a huge reward in pips. Master Key for zones Blue = Monthly Purple = weekly Red = 4 Days Yellow = 16 Hours Orange = Daily Dark Green = 8 Hour Grey = 4hour Pink = 1 hour Original Analysis: Previous Analysis below: Original analysis process. Below is an explanation of the imbalance/inefficiency zones based upon the original analysis view. 1. Zone 1: - 1.72 - 1.75 we will be looking at a test of the order block, movement away to keep shorts flowing to keep the imbalance moving towards the zone of a 1.72 redistribution, liquidity to show bears further short options before the lows. From here we will expect a spring and a test of said springs. A rejection will occur and then see accumulation phase of price hitting the target on the AUD USD with bullish Aussie. 2. Exactly the same but making further gains moving down to 1.67-1.60 which will be the development. We volume will be a key indicator here to see the set up of the buy/sell swaps. Moving to now... Monthly imbalances: Pretty simple breakdown from a monthly perspective, where GBP maxed out in March 2020 and began the sellers imbalance to reach lows of 1.742 as previously stated above. From a buying retrace imbalance - the targets are set at the 1.87 mark and 1.93 the next target. From a positional buy into 2022 if the 50% monthly Fibonacci retracement permits the target and holds above, then extension of 2.0X will be looked towards. Weekly imbalance While the GBP and Aussie is trading within a defined range - adding more positions on the range lows are pivotal here to maintain the long position. The weekly position now is clear with the daily candle to close within the Weekly, the probability to continue the rally base rally is evident. The movement since The pathway Bullish scenario, combined with the bears using a weekly timeframe is below. Using the bullish scenario firstly - where the white candles represent the bullish scenario. The weekly imbalance covers a strong are where price has now left after consolidating for weeks and broke through. Price can now extend and revert back to 1.85XX, this will offer a strong opportunity to add positions here to get to the 2.XX+ target. The bearish scenario is inclusive - where price can revert back to 1.82 which is a strong pivot point, however this scenario probability is low, as price has now left this zone. Price can create a new zone at 1.85 as a Fibonacci zone. Correlation of GBP AUD vs AUD USD Imbalance spotting is important to note on one pair like GBP AUD, however the web behind the imbalance is just as important to keep in mind when looking for imbalance trades as pairs are called pairs for a reason. Looking into two variables where correlation is either Perfect positive correlation +1, 0 or Perfect negative correlation -1 i in simple Lehman's terms. AUD is coming from a monthly imbalance meanwhile GBP AUD will turn positive where price is coming from a monthly buy imbalance. Comparing the GBP AUD to the AUD USD - using a monthly correlation grid. The current at time of analysing is -79.7% negatively correlated. This has been due to the weak USD in play and the positive correlation against the SPX500 and the USD associated with the index. XAU is also a factor here whereby XAU a hedge against inflation and a propulsion for the Aussie to provide further additional strength. The DXY is pivotal DXY to see the imbalance reverse upon the devaluation of the USD where the FED has created an abundance of credit which has financed the citizens essentially to 'stay put' in cases whereby specific industry sectors within the US are rendered 'useless' until the hospitality and entertainment, aviation can all be kick started again. Below are the pivotal monthly imbalances on the chart which are hard to not notice. The Monthly imbalances clearly indicate where the profit targets for the DXY are as price has clearly rejected. Use this monthly imbalance analysis to help trade in a higher time frame. SPX vs AUD USD with an importance note of GBP AUD. The correlation of the SPX and the Aussie is a positive correlation when the SPX is bullish , this allows the AUD USD to remain bullish . With respect for USD purposes where the SPX becomes bearish from an imbalance or has a trend breather, the correlation becomes a sell imbalance for the SPX and AUD based upon the USD having the fundamental safe haven positional stance for investors. Pre-march The current scenario The update has seen the weekly imbalances from the march low of 2020, where price had a strong inverse correlation between AUD USD, GBP AUD with the DXY spiking also. Now with a criteria regarding room to towards the imbalance, the monthly and weekly will offer the highly probable reactive levels. Keep on top of the pairs and specifically the S&P for a fundamental view which affects the AUD. Using Yields and the Volatility index to provide further evidence. Be aware of the Yields of the US05 - US20 Year, this can impact the SPX growth and AUD Bullish correlation. Here are the weekly timeframes to support: Removed; Volume profile, explanation of GBP AUD vs AUD USD. 4 day line chart SPX talking point Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Long
by LupaCapital
3
FUTU : RESET / POSITION TRADEFutu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company provides trading, clearing, and settlement services; margin financing and securities lending services; and stock yield enhancement program. While Robinhood gets most of the hype in the US, Chinese wealth management platform Futu Holdings (NASDAQ:FUTU) continues to perform at a high level. For Q1 of 2021, Futu reported revenue of $283.56 million and EPS of $1.03 per share. While many companies beat estimates, it's impressive the degree that Futu beats at. Revenues came in $65.52 million over estimates, a beat of 30%. Meanwhile, analysts were expecting EPS of $0.61 (the $1.03 was a beat of 68%). This isn't the first time that Futu Holdings has beaten analyst estimates. The company is a "serial estimate beater" and has continually outpaced estimates. In Q1 Futu saw accelerated user growth. Paying clients totaled more than 789K, which was a 231% YoY growth. Futu saw YoY paying client growth of 160% in Q4, so the growth in paying users is accelerating. Total revenues were $283.6 million for the quarter, an increase of 349% YoY. Futu Holdings seems to fly under the radar when comparing its valuation and growth rates to other companies with higher multiples and lower growth. A sustained triple-digit growth rate is remarkable, and Futu's Q1 earnings showed that this trend remains intact. While execution always needs to be proven quarter by quarter, a business growing as rapidly as Futu Holdings can quickly build a margin of safety due to its high growth rates. Source : Wealth Insights, Seeking Alpha, 20-May-2021 seekingalpha.com seekingalpha.com
NASDAQ:FUTULong
by TradingMavericks
EUR CHF - Long opportunitiesHello Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Scarlet - Four day Orange = Daily Magenta = 8 Hour Grey = 4hour Pink = 1 hour Monthly imbalances The 2015 low sell off closed and reverted from the low to create a new imbalance for longs to occur. Upon the rejection - price was a clear buy upon rejection, however here the most important zone was return to retest 1.02 - 1.04 zone. From here using the daily and awaiting confirmations - buys were to be added. The reason, price pivot point and double retest and creating higher lows. Weekly trendline & imbalance The weekly trendline has been placed, price whilst climbing up to the imbalance - where price will in the long term will need to revert to. Using the weekly while awaiting the low to create a high. Use the Fibonacci for a safer opportunity to add a position at the 50 - 61.8% Daily imbalance So as is evident here the weekly and monthly imbalances - the daily has created an opportunity for longs as price has created a correctional channel, creating opportunities for shorts (to cover longs). Price created the imbalance sell and then the bull flag has allowed price to discount itself back to an imbalance zone at a deep zone - where the Fibonacci is applied. Here, also to note - the inefficient pricing is testing the trendline, but be aware price can retest the daily imbalance at 1.07XX-1.08XX Be patient and trade the probability. Fibonacci structure Here is the completion of the bearish positional move - which is also the matching zone of the trendline at -0.618 - which is a target zone for shorts to close out - now this is a high probability for the inefficient pricing to now look for a balancing act, and create a buying imbalance from this zone, Bull flag opportunity - combined with imbalances Simply explained with what is happening right now. Finally executing - this is down to the individual. For me - using probability at the zone in the ellipse. Do you enjoy the setups? 10 years combined analysis experience in capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, Team LVPA MMXXI
Long
by LupaCapital
2