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CITRON is giving a GREAT SHORT opportunity with $NNOXCitron following intraday trading strategy idea Nano-X Imaging is developing an improved and less costly form of medical imaging technology. The share price is falling and gonna continue this trend today after the new Citron report publishing. The demand for shares of the company still looks lower than the supply. These and other conditions can cause a fall in the share price today. So I opened a long position from $42,43; take-profit — $28,78; stop-loss — $46,99. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:NNOXShort
by KozakHlib
$NLS can rise in the next daysContextual immersion trading strategy idea. Nautilus is a fitness solutions company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use. The share price is rising and gonna continue this trend after the new Citron report publishing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position again from $15,54; stop-loss — $14,45. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NLong
by KozakHlib
2
Bearish in USDCAD?Hey traders, perfect setup for me on USDCAD. On all timeframes we can see beautiful pressure from Bears on this currency. On 4H timeframe we got double top pattern, and from that point we see beautiful impulse to the downside! Right now we got a flat flag (continuation pattern) and nice support level on 1H timeframe. Actually we already broke that level so waiting for a pullback, and gonna try to open the order! So my target on this one 1.3000! What do you think...?
Short
by Infinity_Limits_Trade
CITRON is giving a GREAT LONG opportunity with $NLSCitron following intraday trading strategy idea Nautilus is a fitness solutions company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use. The share price is rising and gonna continue this trend today after the new Citron report publishing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $15,10; take-profit — $17,53; stop-loss — $14,22. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NLong
by KozakHlib
GBPCHF At Key Area. Two Scenario'sGBPCHF overall is downtrending as you can see on the higher time frames (4H and above). We have added a chart image of the weekly and daily charts below this description. As you can see on the weekly chart, Price in march had spiked down aggressively to form a new all time low for GBPCHF. This can signify a possible aggressive rise in price in the near future. Price had recently broken below a larger range and is now trading within a tight range below. On the 1H we have a clear downtrend towards the bottom of the range and price has failed to break below multiple times. We have marked two scenario's on the chart, however we have a LONG bias on this pair due to price nearing all time lows. Short scenario; If we get a clear break below support, we would like to see price develop a continuation pattern on the 1H or 4H charts to look for shorts. Long scenario; We would like to see price break above the minor resistance (blue line), retest and reject this area with strong bullish momentum candles (engulfing/pinbar) to confirm long positions to the top of tight range and possibly further. Follow us for more analysis and educational content!
Long
by BlueFireForex
GBPUSD Possible Lower High/Downtrend RejectionGBPUSD overall is in a downtrend on the higher time frames (4H and above). We have added a Daily chart image with notes below this text. Price is currently trading within a range (red lines) and has recently failed to successfully break out of the top of the range. Price is in a small uptrend and close to touching the up trend line for a possible rejection and bullish continuation, or a break below. We have marked two high probability scenario's with arrows on the chart. Bullish scenario; -Price tests uptrend and/or support level -The up trend is in line with a support level (blue line) which would add confluence to a buy if we get a strong sign of rejection on the 1H or 4H charts, ideally a large bullish engulfing or pin bar followed by strong bullish momentum -Targeting the HTF downtrend line/next resistance (red line above downtrend line) and possibly further Bearish scenario; -Price breaks below the uptrend line and support level -Price retests the support level and/or uptrend line and rejects this area with strong bearish momentum candles -Targeting the bottom of the range We have a bullish bias on this pair, due to the break of the top of the range, we expect price to attempt to form a new lower high towards the HTF downtrend line but we always make sure to forecast many possible scenario's. Follow us for more analysis and educational content!
Long
by BlueFireForex
EURUSD Head & ShouldersEURUSD has attempted to break the strong 1.1400 whole number resistance level multiple times but failed. Price has now formed a head and shoulders pattern (reversal pattern) after breaking an uptrend line and rejecting the resistance. A break below the neckline would confirm the head and shoulders pattern, and we would look for short opportunities on the retest of the neckline targeting around 1.1100. I generally scalp EURUSD on the 15m everyday, and was able to enter a short position at the top of the right shoulder on the close of a bearish pinbar . Currently running at over 2.5% risk free Follow us for more analysis and educational content
Short
by BlueFireForex
NZDUSD Double Top Rejecting HTF Downtrend LineNZDUSD on the higher timeframes is in a clear downtrend Price has recently rejected the HTF downtrend line with a double top (reversal pattern), visible on the 4h and below. Price then broke below the neckline but has respected an up trend line and is now retesting the neckline of the double top, which usually happens before a double top becomes successful. Currently price has strongly rejected the neckline, with a pin bar like candle on the 4H closing on the neckline, and now a large bearish candle on the 4H showing strong bearish momentum. Our 3+ reasons to take this trade -HTF downtrend line rejection -4H Double top -Neckline break and retest -Multiple 4H reversal candle confirmation on the retest -Break of uptrend line Follow us for more analysis and educational content
Short
by BlueFireForex
EURGBP Break And Retest | Two Scenario's EURGBP is trading within a large range on the higher timeframes and is currently trading within smaller ranges on the lower timeframes. This is EURGBP on the daily Earlier this year price strongly rejected higher prices at the top of the higher time frame range, so we can expect price may fall to the bottom of the range in future. Price on the 1H chart has been testing the strong .9000 resistance level. Currently price has strongly rejected this .9000 resistance with a bearish pinbar and strong bearish momentum afterwards. We have marked two scenario's on the chart, and currently it looks like the bearish scenario is playing out. Follow us for more free analysis.
Short
by BlueFireForex
NZDCAD 1H Bearish Pinbar At ResistanceNZDCAD on the 1H has formed a bearish pinbar signal near the very strong 0.8800 resistance level. Price on the lower time frames has formed a symmetrical triangle, and has strongly rejected the top of it with the pinbar. On the daily chart we can see price overall is downtrending and is heading up likely to attempt to test the higher time frame downtrend line to form a lower high after making a lower low earlier this year. However as price is testing the strong 0.8800 level resistance and currently is failing to break above, we can assume that price may have reached its peak around this level and look for shorts from here. We are aware price can continue further up from here and we can lose this trade (like with any other trade), but it would be better to take a high probability trade in this area and lose than to miss out on the opportunity due to fear of losing and for it to reach or surpass targets. We will be targeting at least the .8600 level for this pair.
Short
by BlueFireForex
EURJPY Daily Downtrend Break OutEURJPY broke out of a higher timeframe downtrend last week. Price also broke out of two strong resistance areas with the EUR strength we have seen for the past few weeks. We can see two possible scenarios; 1.Price falls to retest the strong support/resistance (red line) and continues with strong bullish momentum 2.Price breaks back into the downtrend creating a "fake out" and bearish momentum forms with EUR pairs Our bias for EURJPY is currently bullish as a result of the current strength in EUR pairs. To change this bias we would need to see price break back into the downtrend.
Long
by BlueFireForex
GBPUSD Possible Triple TopGBPUSD is in a range. Price is currently in a strong uptrend, heading towards the top of the range. Looking back on the charts, price has strongly rejected the resistance at the top of the range multiple times before, meaning this is a strong level. We would like to see price reach the resistance and reject with strong bearish momentum in the form of either 4H or 1H bearish engulfing candles, or pinbars. We are also aware of the up trending strength in this pair currently, and realise price can continue pass this level.
Short
by BlueFireForex
1
EURUSD Possible Break And Retest EURUSD has just impulsively broken above a strong level of resistance, marked with the red line. We forecasted this possible trade idea last week. Price is moving in a strong up trend on the 1H and 4H charts. We are now looking for price to retest the resistance now turned support, and/or one of the up-trend lines marked on the chart. We would like to see price ideally retest the S/R zone in line with an uptrend line, adding more confluence to a long position. This would be confirmed with a strong bullish engulfing/pinbar candle formation on the 4H or 1H time frames We are also aware this can be a fake out, and price can reject higher prices and fall back below the S/R area and back into the range, targeting the lows. Thats why we always wait for confirmation and confluence when trading.
Long
by BlueFireForex
1
NZDCAD Head & Shoulders Forecast Playing OutWe forecasted this NZDCAD head and shoulders last week. Our position is now running at over 4.15% with over 2.5% locked in with our stop loss. Now risk free with guaranteed profit. With experience analysing and trading in the live markets we were able to forecast the right shoulder far before it was confirmed, due to the nature that price was rejected the previous highs of the left shoulder. This was a very high probability trade due to all the confluence factors in line with eachother; 1.Multiple rejections of strong resistance level (red line above price) 2. Rising wedge break and retest 3. Head and Shoulders pattern 4.Right shoulder failing over and over to break the highs of the left shoulder 5. Bearish engulfing on the 1H time frame 6.Strong bearish momentum on the 4H time frame. This was our entry point, with a stop loss above the right shoulder highs, and a target at the bottom of the range, but trailing our stop loss according to our BlueFire Strategy as price develops safe levels. We were able to enter at the break of a minor 1H resistance at the top of the right shoulder, which is a part of our strategy.
Short
by BlueFireForex
It broke the high of a few target, so what now?This is the weekly chart. It’s much cleaner compared to the daily chart. Nevertheless, always use MTF to see the magic. From my previous ideas, I’ve mentioned that some of the target are met. We are now waiting for a reversal. So if there is no reversal bar in the next couple of days... Then... We’re looking for the market to continue higher. As of now, there is no sell signal yet. Now on the upside it’s showing us that it’s heading somewhere... where? Look at the numbers you’d be able to see a few target. Patience and precision would get you the much need bonus in the Covid 19 period. What will trigger the next possible drop? No one knows but what we know is that the calculation works, we’re ahead of any news. For now be safe from anywhere you are in the world. Go with god.
TVC:DJIShort
by Muhammad_syafiee
EUR/AUD ANALYSIS + POSSIBLE SHORT ENTRYHere we have a nice set-up on the EUR/AUD pair on the 1 hour chart. I started by identifying the long term trend on the 4 hour chart and decided to find a set-up on the 1 hour chart. On the 1 hour chart, I laid out the Fibonacci levels onto my chart from the last move in the market to the downside from the swing high to the swing low. After I had laid out the levels I identified a parallel channel chart pattern to the upside direction. Within the channel we can see price bouncing off of both lines with the market overall moving to the upside at this moment in time. We can also see that price had been trying to break higher highs towards the 50% Fibonacci level and had been bouncing between the 38.2% and 50% levels for several days, before eventually reaching the 50% level which is also an area of resistance on Friday 17th May at 10:00pm. At the start of this bounce to the 50% level I have also identified a moving average crossover indicating a move to the upside. RSI is currently at 65.82 which indicates to me that the buyers are currently in control of the market, the moving average crossover also backs up the prediction of an upside move. However soon I expect a reversal to the downside. In the meantime I expect the buyers to stay in control for a while and for price to break more higher highs and also break through the resistance area to then reach the 61.8% Fibonacci level. Once price reaches the 61.8% level, this is when I expect the market to reverse to the downside. If I take an entry on this trade, I will set a 2:1 RISK-REWARD RATIO with a TP set to the swing low of the previous move to the downside.
Short
by ShaunGadd02
IF YOU TRADE, WATCH DXY TOO!!!Hi Traders, I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind. Please look at my idea about Dollar Index! ---> The chart there is forming a triple top. If DXY going down, EURUSD is going up. Don't forget that! I'm expecting a strong move downwards on DXY, that means EURUSD will go up like a sky rocket!!! I'm really waiting for make the month's trade.. I'm ready.. Are you? Let's be successful together. Follow me for new ideas, I'll appreciate your follows. Have a great day ahead, Benjamin
Long
by Sparksoffly
2