WC0123 USDCHF Outlook: Overall bearish, short-term bullMTF Analysis
Check annotations in the anchored notes for M-W-D-H4 analysis.
Shorttermbull
Long India cement @ 220 and wait to gain 5-6% up.According to the Chart pattern i observed it can go upto 240-250 shortly and can get resistance on that level. invest and research by your own risk, this i sonly for educational and paper trading only.
XAU/USD Shortterm AnalysisHello friends.
I think after a bearish short cycle its time for some correction.
according to my chart you can see we have a major high to major low Trendline
and price surpass the parallel line of this trendline.
it shows that maybe a temporary bullish run is in sight.
so first target is 1678 and after that we shuold look for amount of demand or supply.
i think price action to this important level and will fail to break that.
so if you take a LONG trade plz dont forget to set a great stoploss!
price bounce from a support level and now is above 50EMA and try to stable there.
after that move forward 1678.
thats my idea and it isnt totally an investment advice.
be careful and manage your risk and reward...
BALPHARMA gonna pop out hard!!!The range between 83-90 has been a crucial level for the asset!
Longs can be formulated at the marked levels!
I'll be buying on dip for with a short-term view for this stock!
Above 125, the stock will rocket to the moon!!!
Adjusted Wave 2 based on Friday's lowThis chart is adjusted for the bottom on Friday. My target top has also slide to around 3988 at most. We will see how the week plays out. It will likely be slow until the Fed with plenty of speculation. If Elliott Wave Theory holds up, the Fed rate decision and/or the press conference will begin the major 350+ point drop.
Here is a zoomed in chart of the microwaves plotted inside of Minor wave 1 (yellow)
Bullish look on btcHeld an important 618 during an absolutely horrific move on the nasdaq. stoch upcurved.
Had a whole short idea based on the fact that the Nasdaq hadn't moved down much, and that when it did move down BTC would fall of a cliff. This isn't the case.
While I'm not a mid term bull, getting short here is incredibly stupid.
GBPUSD Long Position @4Hr SupportGU fell back into the channel pretty strong, but has formed a 4hr support. I believe we can see some retracement before price continues down.
Textbook Double Bottom If we're going to reverse this trend in the short term, I'd wager that this double bottom is a good potential spot for it to happen, and it might take us to the heavy resistance zone in the low 23k range. This is just a short term idea for the next 12-24 hours or so, not a prediction of an overall trend reversal to the upside, I think a revisit ~$18k is easily possible... But it's a tricky market to read right now, it's very split. I like simple ideas in times like these.
Short Term BullishYou can see ETH consolidating right here and testing the 1860 range a couple times. There is alot of buying pressure here. In addition to ETH breaking out of the descending channel and confirming two candles on the 4H time frame I have reason to believe that we will see some upwards momentum. I will be taking a long position at 1860 with a tight stop loss around 1847. On the flip side I am looking at taking profit around 1950 as it tests that recent zone.
INDUSTOWER - Short-term uptrendINDUSTOWER - Short-term uptrend
1. It breaches the primary trend downwards, but now it breaks the brearish pattern upwards and forms the inverted head and shoulder pattern.
2. Short-term rally already started, the target is 260.
3. Fundamentally good stock to hold for the long term, but now it's on the downtrend so avoid it for the long term.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
2 Setups.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BTCUSD Buy Setup. Short term.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
#btcusd #Bitcoin #btc
Luna short term $0.008 to $0.028 fib targetUsing fib targets can Luna hit the $0.008 or next $0.028 fib targets? Is this token even going to be around? I am not an expert on Luna but I keep hearing they are trying to fix it and then others say no fix in sight. Please be cautious in playing with a platform that has lost this much market share so quickly.
Short-term technical upward move likelyThis is a short-term trade. On the technical side, we've got the following things that make a bullish move more likely:
According to seasonality, in the last 15 years, only in one year went the price down within the timespan from the 7th of May until the 23rd of June. So, it's a bullish time for this stock according to seasonality.
The prior inverse H/S pattern got broken; the price went up, came down, and tested precisely the neckline yesterday.
A clear hammer candle formed yesterday.
Call Option Setup *ATER*Speculating that ATER will break 5.20 resistance and move up towards $6 a share. Im looking to buy a $5 call option expiring 4/29. A perfect wedge is being set up, good buy oppurtunity in my eyes.
NZDUSD / m15 scalpBased off the momentum and exhaustion shown on the h1 and h4 where it uses the 800ma(h1) and 200ma(h4) as support, along with my pattern trading style where I see the exhaustion shown on the m15 with price outside bollinger bands and extreme TDI, I have entered this trade.
In the bigger picture, on the daily, this looks like a retest of an inverted Head and Shoulders. This could take a few days to actually move up on the daily timeframe IF it finds sufficient buying pressure here.
My trade however is short term and based on m15.
Now let the trade gods smile on my behalf.
Head & right shoulder (Weekly) Dump incoming! 49k-53kIn the big picture. We can notice the pattern's right shoulder that has not been created properly yet
49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k
If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started.
When we look at the daily. It is quite optimistic but the right shoulder is not there yet. This is how it seems to me.
If you would like to see my new gem and other altcoins gems, don't skippy, bounce your sticky money on the like button.
Thank you very much!
CME Gap like to be fillHi everyone.
You can see a CME gap in around 41200 and the market trying to fill it.
But we have an old gap in 24000 to 26000 and the price will fill it.
Its according to the SEC decieion about rate of interest.
If they increse it,we can see the market behavior to fill this gap too.
but now first we might see the filling of this gap in short term.
The case for a Mid-Jan $45k BTCBitcoin is showing oversold on the 4 hour chart. A short term reversal can be anticipated based off of the recent RSI trend and its correlation in the recent declining BTC price.
At the point of 'oversold' a fast reversal should be seen. The anticipated price point of $45k (approximate).
The price action will result in an overbought BTC at the $45k mark and it should resume its decline, likely faster than in the last week.
The $45k could become the catalyst for BTC diving below the $40k mark.
Please critique any of the above points.
DDX/USD TP targets based on past 72 hour trendCOINBASE:DDXUSD
Augmented my previous chart indicators to draw a few TP target lines for an entry; again based mostly on bot manipulation of the order book and the trends noticed over the last 3 days. Mornings and evenings are when the bots begin to fire and drive up and down buying paper hands. It very well may play the same game and dump the price to collect more around the $4-$6 range prior to launching the price back into the $14-$15+ range and then likely move on to it's next targets.
Similar activity was noticed on the COINBASE:REQUSD pair a few days ago before it fizzled out at its current price of somewhere in the .5 range.
As always, #DYOR & I am most certainly not your financial advisor, the content published by @BLOCKandChained is for entertainment (and entertaining it certainly is when we're dead wrong LOL) purposes only.
With decentralized love,
@BLOCKandChained
USD/CHF LongWe expect the market to complete the 3rd wave in the minor degree. Our fundamental outlook on the pair is bullish due to the expectations of the federal reserve to hike interest rates sooner because inflation levels are very high. The CHF is expected to be pressured as the global economy is improving since it's a safe heaven currency. The CHF we also be pressured because the swiss interest rates are at record lows.
