ROSE growth according to the price actionAccording to our setup,ROSE is prone to grow up to the specified area
Pullback
NVTA Parabolic from long consolidation then a pullback
now setup for entry
HOURLY CHART shows consolidation and
parabolic breakout with a pullback to
entry point
Awesome Indicator is supportive.
The catalyst was a good bear on earnings.
ASND ( NASDAQ BIOTECH) rises on earnings and FDA submissionNASDAQ:ASND
as can be seen on the hourly chart ASND is in an uptrend
recent earnings were a good beat,
RSI is quite high and it is at one than one STD above
the multi-session VWAP.
ASND is on watch for a pullback to find an entry
as it has high upside.
XAU Quick Short 1760Short off XAU from upper 1790 zone.
The overall trend is still biased toward a long entry, although a prime entry point for longer-term bullish entry comes in at the 1760s zone rather than higher prices of the upper 1790s.
The pullback may provide the liquidity needed to break the 1800 key level
USDJPY SUPPORT BREAK (UPDATE)Smashed TP1/2 leaving us around 100+ pips, price dropped heavy when US PPI was released well done if you followed along
MASK/USDT waiting for buy entryMASK is expected to go through a minor correction where buying opportunities should be presented. It is likely that we'll see a fast selloff and then gradually increase over the next few days.
NIFTYHello and welcome to this analysis on NIFTY
From the high's of 18600 made in October 2021, every pullback leg of Nifty has been approx 88%
18350 on 18 Jan 2022 was 88% of the decline from 18600 to 16410
18115 on 4 April 2022 was 88% of the decline from 18350 to 15670
The current rally is at 78% of the decline from 18115 to 15185.
So what lies ahead, lets try to decipher probable scenarios
1. 88% retracement is near 17765 that coincides with the falling trend line - History repeats itself, rally ends near it, "tata, bye-bye, see you Longs."
2. It will breach above the falling trendline and continue its rally towards 18400 at least - Bull party continues, almost everything from A to Z eventually moves up, everyone (except those looking for a pullback and/or short) are happy!
3. It has completed its pullback and will do a pullback/resume downtrend, earliest confirmation as of today would come once it starts sustaining below 17375. - Just when everyone was hopeful that stocks are coming closer to their purchase cost, those stocks which have made us FII - "Full Invested Indians", because we bought them at very high levels and exiting in decline would have cost a huge loss, so holding onto these till .... ! PS This is not for Investors, this is for traders who become forceful investors in stocks where exit did not happen.
Until then
Happy Investing & Safe Trading
Why the 2022 recession is about to happen:The graph you are seeing is about moments before Black Monday happened in 2008, and, as you can see, there was a clear 10% increase in price before Black Monday happened. That is what is happening right now. As soon as the USA reported that its inflation rate decreased 0.6% (9.1% - 8.5%), people became greedy and fomo bought stocks/etc. They thought the trend was going to reverse, but it was just a pullback. In 2008, shortly after the pullback, Black Monday struck and everything dropped. This might be a sign that means that we are way closer than we think to a recession (1 - 2 months left ). To add to that, the price dropped a few months before the 2008 recession as well.
AUDUSD Short Term Buy IdeaH4 - Bullish trend pattern followed by double wave correction.
Bullish convergence.
Most recent downtrend line breakout.
H1 - Higher highs.
Currently it looks like a pullback is happening.
Until the two strong support zones hold my short term view remains bullish here.
COMP/USDT Long position COMP/USDT Long low risk position (just technical analysis , no funda)
Open: 58.68
Target 1: 60.83
Stop loss: 57.90
Nothing changes on EURUSD We're still expecting the next move on EURUSD.
The sideways trading is still on and we can actually see price now creating lower highs and higher lows.
We won't enter before we have a clear direction.
There is still a higher chance to see price breaking below the support.
The earlies entry could be made on rejection of the resistance, so watch out for that.
Can $HRMY break historical resistance once again?Notes:
* Steady up trend on all time frames
* Okay earnings track record
* Trying to break above historical resistance of the ~52.8 area
* Pulled back to the 50 day line
* Printed a bullish outside day in the last session
* Earnings report reaction sold off to the 50 day but bounce from there indicating demand around the $50.34 area
Technicals:
Sector: Healthcare - Biotechnology
Relative Strength vs. Sector: 17.65
Relative Strength vs. SP500: 41.59
U/D Ratio: 0.96
Base Depth: 70.33%
Distance from breakout buy point: -8.1%
Volume 8.87% above its 15 day avg.
Trade Idea:
* You can enter now as volume comes in after the earnings report reaction
* If you want a better entry you can find one around the $51.7 area
* If you want a safer entry you can wait for a clear break/hold above the ~52.8 area as that is historical resistance.
* This stock usually has local tops when the price closes around 16.84% above its 50 EMA
* Consider selling into strength if the price closes 16.64% to 17.04% (or higher) above its 50 EMA
* The last closing price is 5.44% away from its 50 EMA
AUD/USD IS FALLING AUD/USD returns to the bearish trend after the price failed to breach the resistance level of 0.7040, the first lower top formed a new resistance level that the price is testing now.
The price is correcting its direction and the level of 0.6974 is a good entry point to complete the main trend
+200 pips bagged then a clean bounce from our Fib zoneOn friday which was on the 5th of this month August, i called in a signal for a sell, hours before the NFP data release which in truth was a pullback to a Fib zone (0.618) in M15.
Price reacted to the Fib zone by bouncing off of it which signals a continuation of the uptrend regardless of the NFP impulsive sells.
This is my own opinion of what the price of Nasdaq intends doing.
EURUSD still trading sidewaysEURUSD is still trading without a clear direction. After the last impulse during NFP, we now expect to see price testing the support.
Until we see a breakout in either direction outside of the range, EURUSD isn't the best pair to trade right now.
There is a higher probability that we will see the market testing 1,0121 and in case of a breakout we will be looking for a continuation of the downtrend!
ZRX Stop Loss huntingThere was a clean bounce off the Fibonacci support. Many buyers consider that a good point for a stop loss, although stop loss hunters are likely to push the price just below the 61.8% Fibs. After that, the uptrend should resume.
Ethereum Analysis ✔BINANCE:ETHUSDT
if the Ethereum manages to breaks its up-trendline , then it can fall to the support zone.
Ethereum Analysis ✔BINANCE:ETHUSDT
if the Ethereum manages to breaks its resistance zone , then it can rise to the next resistance and we can take long position on the pullback in it.
The important levels on EURUSD EURUSD with another drop yesterday.
Right now this move looks weak and we saw fairly big pullback.
To see a continuation lower, it's very important for the EUR not to break above 1,0210.
Confirmation would be a breakout of the previous low and another impulse down.
Trading right now from current price levels isn't a good idea!
Is EURUSD about to reverse?Yesterday EURUSD rejected the resistance below 1,0300.
It looks like we are about to see this pair continuing lower but it is still not fully confirmed.
Today we need to see if there is going to be a lower high.
If the pullback to the upside is strong then we're not selling!
Further confirmation will be a breakout of support!
BTC next stop 27'000.BTC next stop is 27'000, after 27'000 we have a chance to see a huge drop in the 4Q. don't FOMO, we will come back to 12'000. But for now we are long to finish the pullback.
Please like and comment what you think!
EURUSD sell zoneEURUSD is trading at the top of the range and we're observing if it will have enough strength to break above its previous high.
Even if there is a breakout we're not looking for buys!
We will have to wait for price to give us a reversal signal so we can then enter short.
BTC still in potential upward movement to 26kBTC still in potential upward movement .
Pullback on rvwap 60 days period
bullish on this zone as long as 22500 hold .
entry 22800
TP1 last recent top at 24700
TP2 rvwap 90 days period 26000
