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Rally

LONG AMD 2.5-4week 5th wave rally upcomingAMD: Current price $53.50. Target $66.00. On AMD we see incredibly powerful potential for massive swing upwards into a symmetrical triangle thrust to a target of $66.00 within the next month. After a rapid "COVID Crash" recovery into almost making new ATH AMD lost all momentum mid May. The price action has mostly existed within a contracting range since, apart from wicks and failed premature breakouts. After completing it's 3rd touch amidst these walls price crept up the support line finding no sellers and only "Fakeouts" to the downside. On June 9th after all the tension the price exploded upwards completing the 4th touch and for a day kept going, almost as if a total breakout was imminent. Then the very next day the price was taken all the way back to the support trendline , completing the 5th and what I believe to be the final touch before the next major wave upwards.
NASDAQ:AMDLong
by NewNewAnalysis
Today is a Great Day to buy Dips and DiversifyFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said today, the Dow Jones dropped nearly 1700 points. Stocks with positive news or on the verge for bullish runs or breakouts dipped. High profile companies also plummeted. It was one of the worser days of the year. However, is a day for the amateurs and the big dogs. There are types of people who panic sold their portfolio losing upwards of tens of thousands of dollars right during the Coronavirus tanking period right before the stock market rallied. These are the type of people that trade stocks for fun and don't have the nerves for the real market game. Panic selling many times such as these, usually never ends out good. The market recovers shortly after, and people lost tons of money they didn't need to lose. Instead, diversify. Take out decent profit, and get rid of the historically really bad underachievers. Stuff that looks like a breakout or positive retracement to come HOLD , THEY MIGHT BE A GOLD MINE. Reinvest some money in some really good dips, because when really bad reds go green, that is when you make the most. Strategize over panic, and today could be one of the best days for you looking back long term. Best strategies do good during the bulls and the bears.
TVC:DJILong
by gamer456148
5
NZDJPY Potentially heading to pre-covid19 levelsTechnically - On a strong resistance --> Hopeful to see slight retest before break up to levels before Covid-19 Fundamentals - Risk on --> Economies around the world are opening up, this will potentially result to selloff in safe havens assets like Japanese Yen and Gold, this will likely result in medium term selloff of JPY against other countries currencies NZD in particular. We are having a medium term bullish bias in the pair
Long
by bluepipsforexsignals
If weekly closes above 10.5k, a new rally will startIt is looking better and better for the emergence of a new rally, despite all odds. Now, if the weekly candle closes above 10.5k this week, this will be a huge cofirmation, the one we need to be very sure that we will indeed see a giant new bullmarket. This will culminate in hitting 20k still this year, and new all time highs by late 2020 or early 2021. 100k and more by late 2021. However, only if the weekly really closes above 10.5k. If not, this still could be a fake breakout, like the last times almost 1 year ago. So we must be patient and see what BTC will want to do. But the chances for a rally have greatly increased now. BTC is still full of surprises.
BITSTAMP:BTCUSD
by SebastianofMoon
13
BTC: Revisit of MA200 likelyI suspect that BTC's inability to break through 10k decisively means one further big dump towards the weekly MA200, currently sitting at around 6k. BTC might complete the huge triangle since late 2017 by one last move down to the support line which coincides with the weekly MA200. However, it could also surprise us and just break through 10k after all in the next days or weeks. Knowing BTC however, it wants to annoy as many people as possible, and a move to 6k would be definitely annoying to many. After that, the halving will start kicking in, and become more and more noticeable, therefore pressuring the price upwards, even should the worldwide stockmarket continue to crash. Also, inflation will rise strongly in the next years, which will also continue to fuel this rally. For me, the scenario to revisit 1200 has become more unlikely, though of course not entirely impossible. A revisit of 6k on the other hand is indeed possible. Target for BTC remains at least at 100k in the next years.
BITSTAMP:BTCUSD
by SebastianofMoon
9
AMAZON to the MOON?!Good morning traders! Why do we see a confident breakout to the upside in the AMAZON market? The whole world is bothered by the coronavirus... Amazon is a very strong player on the Internet and in Europe, it was these companies such as Amazon that made the most profits. The broken structure below the market acts like a magnet. So we will probably see some retracement and that will be our ENTRY POINT! It´s time to get ready for the continuation LONG move. Good trading, Jakub FINEIGHT
NASDAQ:AMZNLong
by Fineight
A textbook reversal? Volume has been steadily decreasing for 9 consistent weeks. We expect the new Unemployment report on the 5th of June. I am a complete noob and due to my close to textbook understanding without too much technical analysis I would arguably say that what is happening right now is too easy to spot. Therefore, a lot of people believe this will crash hard and this is why I believe a technical breakout above 3000 is possible as the last push due to its psychological value to squeeze shorts. If that happens, I don't think it will surpass 3100 and an ATH in the near future should be outright impossible. If it goes higher just sell it and have your stop loss close to the ATH. I can't even think of a conceptually, riskless trade in this environment. Please correct me if any of this is wrong. Almost graduating, would be nice for this to play out. If not, well lesson learned. WATCH CONFIRMATION
OANDA:SPX500USDShort
by Slickxbt
2
SPY possible turn ??? + 3 REAL trades with explanationHello traders, I would like to share my Friday trades with you. To avoid watching a long video, I have picked only 3 trades for you. But don´t worry, I will explain the reasons that led to the opening of trades. I think it is important that you have an explanation of why the trade is interesting or not. In the end, we look at the AMEX:SPY market too. List of markets: 1) NYSE:WRB 2) NASDAQ:TTEK 3) NYSE:GPN Have good trading, Jakub / FINEIGHT team
AMEX:SPYLong
by Fineight
BTC monthly picture: When will the rally start?We can see in the monthly picture that the Bollinger bands are actually not really narrow enough yet. This means that a big move is still a few months away. If we look at 2015/16, then BBands were quite a lot narrower in the monthly. It is therefore likely, that we will see the big moves coming later in 2020, possibly as late as early 2021. But in which direction? Well, that will depend on macro-economic factors which are currently impossible to foresee. I am inclined towards the upside should the MA200 hold, because of halving and giant money printing, thus, rise in inflation of fiat currencies. Longterm, the bullish picture remains intact, as long as BTC doesn't go below 1200 for prolongued periods of time. Only then should we start being worried.
BITSTAMP:BTCUSD
by SebastianofMoon
6