Base formation and strength candleStock was in correction phase. Today the stock has given a good strength candle and can move higher from here
Strength
EURJPY sell in full swing ↘️🏌️Yen had to gain strength at some point our script has picked that up.
Entry details are shown on the chart.
Using our EDGE trend following strategy on this trade.
Working the H1 time frame and we're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
Lets see if we can make it to target.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren.
XTZ did not breakthrough the uptrend, shows really much strengthXTZ on larger time frame is still focused on completing the broadening wedge, rather than dipping out. In this monday dip every coin seem to break out negatively on the pattern they were busy with, but not XTZ. XTZ went not even out of the uptrend range within the broadening wedge as you can see. Very promising!
Tata Motor great company right now price is still work aftor somtata motor is a great company right now auto mobile sector down fall face price is still work aftor some time long bounce will be seen
BTCUSDT more fall if is ahead if price break local support As we can see now the price is Range for a while, not strong enough to break major resistance on 50k and not Bearish enough to break this local support on 37K zone.
As we mentioned we need fall and correction here on bitcoin but now if this local support remains valid then more range is expected like a green arrow.
DISCLAIMER: ((trade based on your own decision ))
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CADJPY LONG POSITIONIn this long position of CADJPY we have 3 level of TPs with partial exits including:
TP1: 86.55 with 70% partial exit
TP2: 87.17 with 70% partial exit of remaining (21% of total)
TP3: 87.70 with 100% partial exit of remaining (9% of total)
and SL is 85.44
Notice: In half way of SL (when stop loss area Proceeds 50%) double your size and put TPs as bellow:
TP1: 86.2
TP2: 80.55
TP3: 87.15
Wish you profit and success
Strong Long 🍏 Bulls will embarrass Bears as Hentai MovieStrong Long 🍏 Bulls will embarrass Bears as Hentai Movie
"Open a long position, and you'll drive a new TESLA model within a week."
We've had a 100% success rate with the variation of the following indicators for more than two months, see our previous Ideas.
🔑 KEY POINTS:
Chart Pattern: Price hit Support Area of Historic Bottoms
Momentum: RSI (Relative Strength Index) hit Support, Advanced Bullish Divergence
Machine Learning (ML): Price Action hit Linear Regression Channel Support
Funding Rates: Negative, supports Bulls
We update our ideas daily and so, don't forget to bookmark this page for updates!
$DASH Showing StrengthShares of DoorDash have broken the 50% retracement and held up extremely well today even as everything got hammered. This indicates strength and potentially high growth in the near future. Good Luck!
BGA Long OpportunityLong trade opportunity as price is at a level with a confluence of supporting factors (Trend Line, Horizontal Support & 200MA)
Indicators and recent price action suggesting a potential bottom being formed (details outline in the chart).
Bitcoin $72k Target Daily RSI Oversold to Overbought ReboundLast time the Daily RSI went from Overbought to Oversold it rebounded over the next 60 days and pumped over 150%. This gives us a price target of $72,000 over the next 2 months. Start looking for those long positions
Nasdaq to 13650?I'm looking for Nasdaq to show some strength on the back of a recent trendline break, and subsequent retrace/bounce at a major fib level.
I'd like to see it follow through to the next higher area where price was pivoting previously.
I'd also like to see it go higher, but it has to get to 13650 before it can get to 13700 because that is how numbers work.
UPDATEUpdate- looks like buyer volume stepping in and bulls taking control, just some key levels and RSI based supply/demand zones to watch
SRMUSDT & SOLUSDTSRM/USDT & SOL/USDT - Have shown great strength despite this correction I am continuing to hold these two projects.
BA awesome formationWe can see a double bottom with a lot of buyers at this area. Also, that big wick of todays candle means the real strenght of the buyers. So, the formation is really nice and the thing that can push the price down is if the market pulls back tomorrow.
Balancer / BitcoinHello!
Balancer is showing some strenght against Bitcoin, like Bnb and Eth right now.
-Possible move close to 40%
-Risk/Reward around 7
What I want to see is that marked resistance turned to support. If we get a pullback to it, it is possible to get a splendig entry with even bettter R/R
If you like my analysis give a like!
AND
If you do take trades, always use stop loss. Otherwise you will get your ass burned!
-Jebu
Is a Dollar surprise coming?'Everybody' knows that the US Dollar is gonna die. Right? The prevailing wisdom is that QE Infinity will tank the Dollar. Well, it's not that simple. The Dollar's strength depends on numerous other factors, the key one is demand.
Ahhhh.. so the USA - if you believe it - has conquered COVID-19, and international trade is about to be kickstarted. Or so the story goes. Whilst I'm sceptical, it could be true for a while. Lets say over the next two quarters. If a surge in demand happens - USD being liquid gold after the Gold Standard was abolished many moons ago.
The chart shows that there is a 4 hour trend (amber line) heading north. Yes - it could fail, but the probability at this point is for the north. Sure - enough it may bounce through the trend line south and then rocket north. DXY is a wild one, so anything is possible.
But what does that mean if USD strengthens over the next two or three quarters? It means there will be bearish pressure on stock indices, metals and some commodities. Bearish pressure doesn't mean they're all gonna correct. It's not that simple.
What's the point of watching the USD in the DXY? Well you also gotta watch USD priced forex pairs. It gets complicated because USD affects stock indices which in turn affect forex. What does it all mean? It means 'avoid over confidence' in trading. Small profits taken from small position sizes across much volatility is no bad thing. They all add up. Large position sizes in a higher volatility is a good way to burn and account.
Stay safe. Wash your hands. Protect your account. Avoid FOMO. Don't burn cash! Is that okay?
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
NZDUSD H4 - Short SetupNZDUSD H4
Another clear S/R range unfolding perfectly, offered another entry point over the last NA session and early eastern sessions last night for us UK traders.
Once we approach 0.71... you guessed it, lets set ourselves up with a potential long back up to 0.72400 if we can quantify it!
EASY AND STRESS FREE TRADING!
Stocks Spread OutNQ just completed a head and shoulders. That can mean anything, but it sure makes things interesting.
RTY has clearly taken the lead in relative strength since the markets bottomed in march.
More money is going to a larger group of stocks in RTY, and it looks like the tech bubble is paying for it.
Tech bubble:
GBP/NZD - Bullish Cycle inside this Ascending ChannelThis pair identifies strength vs strength in the forex markets right now with both currencies strong across the board.
We can see GBP is gaining on the NZD breaking through key short term Resistance levels. Lets see what happens at our long term key level in price.
Use wider stop losses on this pair to account for the choppy price action.
Sterling succumbs to the Buck in the run up to the BoE policy...Sterling succumbs to the Buck in the run up to the BoE policy announcement where eyes will be fixated on commentary on the feasibility of NIRP for the banking sector if required, although the immediacy of such policy is likely to be downplayed by the MPC. Meanwhile, markets currently pencil in incremental negative rates for August. Cable has descended from its 1.3683 high, through its 21 DMA (1.3645) to trade sub-1.3600 as keeps its 50 DMA (1.3540) on the radar. 1.3800 Overall upside target.
AUDUSD SellHello traders!
Here we can see the weakness above the support area and it is also forming a reversal pattern above the support to push the Market downside.
Stop loss is above the resistance.
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The starting point of the Bulls will be the Target.
GBPCAD - Potential long
GBPCAD 4hr potential, Target in sight. Waiting to see the pound strength come through.
This weekly resistance could prove to be a hidden obsticle for the short term, if the GBP strength can rally through can take a long position.
Stocks to Watch Relative Strength Edition The Market is showing some questionable activity, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 22 total stocks on this list. I add an additional 2 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
