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Supportandresistence

GoldViewFX - How to draw support and resistance levelsHey Everyone, This is a repost for our newbies. As promised alongside our analysis and reports we will also be posting basic educational posts to help newbies. Today we show you how to draw support and resistance levels the GoldViewFX way. There are so many ways to draw and establish support and resistance levels. Typically this is an area where price stabilizes and fails to break providing support or resistance to price. Visually this can be represented by drawing a line to identify those areas. This can be drawn and identified in different ways. The 3 ways we draw support and resistance levels are as follows; Firstly we identify where price is stabilized, this is likely to show a collection of candles side by side or by a candle or wick touch to a price and then a big retracement. 1 - We draw a line on the top or bottom of the candle body close of an area that price fails to break. Typically the highest or lowest wick from the collection of candles. 2 - We draw a line on the top or bottom of the candle body close of an area price fails to break. Typically the highest candle from the collection of candles. 3 - We identify the turning point of our moving average line (EMA5 IN OUR CASE). We then draw a line on the top or bottom of this turn (This is unique to us, so don't forget if you see it anywhere else). Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDEducation
by Goldviewfx
18
GBP/CAD Short - 31 Oct 2022 | Hybrid Move Result +3.00%Hey traders, Yesterday the GBP/CAD short bias was shared, today I want to show you a bit behind the scenes of our trading style. First of all, everything in your trading plan should be mechanical: 1. The zones we draw are always from the same imbalance candles (our indicator) 2. The entries we take are always provided by our entry script (our indicator) 3. Stoploss & Targets are always the same by our formula (see tool on screen) These 3 things already can turn you profitable in trading, if of course you tested your strategies a thousand times like we did. --- GBP/CAD was a beautiful monthly and daily supply stack! On the 4hour we did see price tap our zone last wednesday, however it was just a spike and the entry candle did not form high enough by our mechanical rules.. not gonna share the boring details. The risk to reward we use is always 1:3 and that is exactly what we did see with this setup. Hope you like this insight! Kind regards, MNieveld
by newcapitalfx
Where is that dollar going?Hi everyone, Let's talk about the next targets for the DXY . Within our community we've been watching this one since it created monthly demand, and re-used old monthly demand from a while back. Yet, I don't really care much where it is coming from, I care about where it is going. What you can see at the chart above is that the DXY is moving towards monthly and quarterly supply, which is around the 116 to 120 mark, from here I expect the bullish montly trend to atleast pullback for a few months or consolidate. But for now, more upside is likely as long as the weekly trendline and demand zone holds. If we're not moving for the upcoming 2 weeks, but stay above these weekly catalysts, the bias remains up. That's my view in a very small summary! Kind regards, MNieveld
TVC:DXYLong
by newcapitalfx
Institutional Supply: GBP/CAD ShortHi everyone! It's been a while that I've been sharing some charts! The main currency of interest at the moment is The Pound! With a crazy strong move for the past weeks, finally many GBP based pairs have reached clean areas of value. The chart you're seeing above is GBP against CAD, which is currently sitting at a obvious daily and monthly area of value for us. Those that know how we've been trading for years know how to capatalize on these moves, I'll keep sharing some charts the upcoming weeks ahead. Have a good time trading! Kind regards, MNieveld
Short
by newcapitalfx
$QOMUSDT next entry PTs 0.0000000279-0.0000000310-0.00000003369 QOM Price Today Shiba Predator price today is $0.000000039504 with a 24-hour trading volume of $1,127,896. QOM price is down -6.5% in the last 24 hours. It has a circulating supply of 600 Trillion QOM coins and a total supply of 600 Trillion. If you are looking to buy or sell Shiba Predator, LBank is currently the most active exchange. What was the highest price for Shiba Predator? Shiba Predator hit an all time high of $0.000000380671 on Apr 03, 2022 (5 months). What was the lowest price for Shiba Predator? Shiba Predator had an all time low of $0.000000028138 on Jun 14, 2022 (3 months). What was the 24 hour trading volume of Shiba Predator? The 24 hour trading volume of Shiba Predator is $1,127,896. Where can Shiba Predator be traded? You can trade Shiba Predator on LBank, Uniswap (v2), and BKEX. Popular trading pairs for Shiba Predator in the market includes QOM/USD, QOM/CAD, QOM/AUD, QOM/GBP, QOM/INR, and QOM/PHP. QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
QLong
by BADQOMOCAWGOWLD
$SMMT Next Target PT 2 and higherSummit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cambridge, Massachusetts.
NASDAQ:SMMTLong
by BADQOMOCAWGOWLD
$INDO Next Target PTs 18-30 and higherIndonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.
AMEX:INDOLong
by BADQOMOCAWGOWLD
1
$SPCB Next Target PTs .75-1.25 and higherSuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. It offers MAGNA, a common platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management. The company's PureRF suite is a solution based on RFID tag technology to identify, locate, track, monitor, count, and protect people and objects. Its PureRF suite comprises PureRF tags, hands-free long-range RFID asset and vehicle tags, PureRF readers, PureRF activators, and PureRF initializers, house arrest monitoring systems, PureTag RF bracelets, PureCom RF base stations, GPS offender tracking systems, PureTrack, PureBeacon, PureMonitor offender electronic monitoring software, inmate monitoring systems, DoorGuard tracking station, and personnel tags. In addition, the company offers domestic violence victim protection systems. Further, it provides connectivity products and solutions comprising AVIDITY WBSac, BOLSTER WBSn, BreezeULTRA P6000, Arena controller, and BreezeNET B. Additionally, the company offers Safend's Encryption Suite that protects the organization's sensitive data; and designs solutions for carrier Wi-Fi, enterprise connectivity, smart city, smart hospitality, connected campuses, and connected events. It sells its systems and products through local representatives, subsidiaries, and distribution channels, as well as independent representatives and resellers. The company was formerly known as Vuance Ltd. and changed its name to SuperCom Ltd. in January 2013. SuperCom Ltd. was incorporated in 1988 and is headquartered in Tel Aviv-Yafo, Israel.
NASDAQ:SPCBLong
by BADQOMOCAWGOWLD
$GRNQ Next Target PT 7 and higherGreenpro Capital Corp. provides financial consulting and corporate services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services. It is also involved in the acquisition and rental of real estate properties held for investment and sale; and provision of company formation advisory, company secretarial, and financial services. In addition, the company provides corporate advisory services, such as company review, bank loan advisory, and bank products analysis, as well as loan and credit, and insurance brokerage services; and wealth planning, administration, charity, tax and legal, trusteeship and risk management, investment planning and management, and business support services, as well as asset protection and management, consolidation, and performance monitoring services. The company was formerly known as Greenpro, Inc. and changed its name to Greenpro Capital Corp. in May 2015. Greenpro Capital Corp. was incorporated in 2013 and is headquartered in Kuala Lumpur, Malaysia.
NASDAQ:GRNQLong
by BADQOMOCAWGOWLD
1
$QTNT Next Target PT .50 and higherQuotient Limited, a commercial-stage diagnostics company, develops, manufactures, commercializes, and sells products for the global transfusion diagnostics market in the United States, France, Japan, and internationally. The company is developing MosaiQ, a proprietary technology platform, which provides tests for immunohematology, serological disease screening, and molecular disease screening. Its conventional reagent products for blood grouping include antisera products that are used to identify blood group antigens; reagent red blood cells, which enable the identification of blood group antibodies; whole blood control products for use as daily quality assurance tests; and ancillary products that are used to support blood grouping. The company also offers MosaiQ SDS Microarray that is designed as a serological disease screening microarray comprised assays to detect cytomegalovirus and Syphilis; MosaiQ MDS Microarray that is designed as a molecular disease screening microarray test for donor red cells or source plasma; MosaiQ IH Microarray as a blood grouping microarray; MosaiQ Autoimmune Microarray; MosaiQ COVID-19; and MosaiQ IH3 Microarray. It sells its products to hospitals, donor collection agencies, independent testing laboratories, original equipment manufacturers, and blood banking operation and other diagnostics companies. Quotient Limited was founded in 2007 and is headquartered in Eysins, Switzerland.
QLong
by BADQOMOCAWGOWLD
$ENSV entry PTs 1.66-1.80 Next Target PT 10 and higher Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, and water hauling, as well as well site construction services. The company owns and operates a fleet of approximately 318 specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the eastern United States region comprising the southern region of the Marcellus Shale formation and the Utica Shale formation in eastern Ohio; Rocky Mountain region consisting of western Colorado and southern Wyoming, central Wyoming, western North Dakota, and eastern Montana; and the Central United States region, including Eagle Ford Shale and East Texas Oilfield in Texas. Enservco Corporation was incorporated in 1980 and is headquartered in Longmont, Colorado.
ELong
by BADQOMOCAWGOWLD
$IMPP entry PTs .35-.40 Next Target PTs .45-.90 and higher Long Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals; and crude oils. As of March 29, 2022, the company owned four medium range refined petroleum product tankers and one Aframax crude oil tanker with a total capacity of 305,804 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.
NASDAQ:IMPPLong
by BADQOMOCAWGOWLD
$DRUG Next Target PTs 4.50-9 and higherBright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.
NASDAQ:DRUGLong
by BADQOMOCAWGOWLD
$QNGY Next Target PTs .80-.85 and higherQuanergy Systems, Inc. develops and markets light detection and ranging (LiDAR) solutions for automotive and IoT applications. The company offers M1 LiDAR sensor for mid-long range industrial measurement applications; M1 Edge 2D LiDAR sensor that enables reliable collision avoidance and smart navigation; M8 LiDAR sensor, which provides 3D perception using multiple eye-safe laser beams and time-of-flight measurement technology; MQ-8 LiDAR sensor for flow management applications; M8-Prime 3D LiDAR sensor that provides industry-leading pinpoint accuracy and captures for industrial and mapping applications; S3 solid state LiDAR sensor; QORTEX DTC, a 3D computer perception software; and QORTEX people counter enables the development of accurate and innovative people counting and queue management applications. Its products are used in various applications, such as mapping, security, smart city and smart spaces, industrial automation, and transportation applications. The company was founded in 2012 and is headquartered in Sunnyvale, California.
QLong
by BADQOMOCAWGOWLD