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Supportbreakout

Fastly speeds through supportFastly - Short Term - We look to Sell at 33.50 (stop at 37.10) Previous support, now becomes resistance at 34.00. There is no indication that the selloff is coming to an end. 20 1day EMA is at 36.50. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 33.50, resulting in improved risk/reward. Our profit targets will be 23.40 and 20.10 Resistance: 34.00 / 44.00 / 50.00 Support: 30.00 / 25.00 / 20.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:FSLYShort
by Saxo
1
WARNNING !! Bitcoin "Hulk support"Hi everyone , I share with you my though about bitcoin today based on daily timeframe . As you can see on the chart we have a very strong support which is also a demand zone or order blocks "smart mooney" . But if bitcoin break the support , we will go down to 20000 . I know its unrealistic but its based on Head and shoulder pattern confirmation on the chart . Nothing work 100% on trading , trade safe :) and be carefull for fakeout becouse there will be many on this "Hulk Support" Educationnal purpuse only :)
BITSTAMP:BTCUSD
by Liquetz
EURGBP Butting Heads with SupportEURGBP currently bouncing around just above a strong previous support level on the 15Min, while still looking Strong Bearing on the 4H. Possible to see a short term bounce up, but longer term view we're looking to see a break below this support line to test the previous lows from October and then November. Price continues to follow a choppy downtrend with lower lows highs, with the exception of a brief December 8th rally that was quickly extinguished.
Short
by HayeTrading
NZDJPY BEARS LOADING !!Hello team , This is a classic pattern of breaking both dynamic and horizontal resistances . The break of the dynamic support zone .clearly shows that there might be a possible change in direction. the break of the horizontal support line , shows that the bears have a significant presence . both of this are okay but we know we don't participate in the push phase , we need the market to exhaust so that we participate. what we are looking for is the lower time frame for a definitely change in the market to lower lows and lower highs .
Short
by DIGITALASSETSINC
Litecoin vs Bitcoin - boom or bust?Litecoin on the btc pair is at a double bottom region on the monthly chart. I see two possible scenarios happening - we break out to the upside in both, but do we continue or do we retrace down and go into lower lows? The red line is the current downtrend so until we have proof otherwise, all upside is speculation. The green line is the path and FIB levels based on previous bounces at this level during bull markets. IF it does make that move up, it'll retrace before a further move up. I've outlined some of the major resistance/support levels with the green boxes - I would suggest playing those as buy/sell levels and breakouts from each of those levels IF you are day trading the move.
by crow1980
1
Goldview levels & Targetsprice sitting between 1806 and 1787. These levels have been drawn using EMA5 gold turn angles. We are then looking for the EMA5 line to break this level with a 1h CANDLE body close after. This confirmation gives us a target to the next EMA5 gold turn level. We can break down the range using these levels and the EMA5 to confirm which level to target and out of range areas for stops. How someone money manages these levels is critical to the idea and this is something we will share over time.
OANDA:XAUUSD
by Goldviewfx
1
EU headed towards major support EU is coming closer to a major support/ supply zone on the daily chart it has bounced off this support 3 times already. The inversed head and shoulders i posted yesterday still holds as todays daily candle was a big red candle which could push the price farther down breaking the head and shoulders or consolidating here until bullish momentum can push the price back up . Oversold on the 1H, itching closer to oversold on the 4hr and low on the daily chart. We are red on the ema cloud and under the 50 ema which are signs to go short, but considering if we hit the major support i think that could bring a lot of bullish momentum and push up the price before it continues to go down. EU seems to have been moving sideways for some time waiting for a big move. The push to the downside could be the push it needed to start moving in a direction again, or the major support bounce could start a new bullish uptrend. My trading plan is to wait for a clear entry point either at the major support for a buy, or if i start to see bullish momentum in the inversed head and shoulders ill place a buy once i see a green candle above a bullish engulfing candle.
Long
by dmartinage123
BHARTI AIRTEL as on 05.09.2021SYMMETRICAL TRIANGLE FORMED !! BREAKOUT DONE , PULLBACK DONE!! A good move after pullback can make a new high there is a good support at 654 and retracing at that point again do check that in 15 min chart!! If for intraday can make down gap opening and retrace and move little down but cant say actual as 654 is giving a major support !!! There is a chance that candles to touch monthly basis demand and supply and retrace from POC so have PATIENCE!! HIGHER PROBABILITY OF MOVING UP AS BREAKOUT CAME AFTER A YEAR!!! TARGET=745/750 STOP LOSS=546/536 WEEKLY CHART SHOWING SAME!! 50 AND 200 EMA GIVING GOOD SUPPORT!! FOR INTRADAY Check daily basis demand and supply AND CAN MAKE A GOOD DHORT TRADE OPTION DO CHECK 15 MIN CHART AND DO TAKE HELP OF PIVOT POINTS!!! (The above analysis is only for study purpose do not take it as any buy or sell call)
NSE:BHARTIARTL
by shivamalang
Possible 30%/157% trade for Appen Limited / APXHello guys :). As you can see, APPEN dumped hard and hit crucial support after half year earnings results. If it holds the light purple support we could see a breakout to the first resistance line -10USD- (30% profit). But there is certainly more possible like the second resistance line -11.15USD (42% profit) or even the third at -19.70-USD (157% profit). For those higher targets we would need some more volume and good news for APPEN. Do your own research / Trade at your own risk NOT FINANCIAL ADVICE/RECOMMENDATION ( just my toughts about this stock) :)
ASX:APXLong
by zwoelfprozent
1
NQ Power Range Report with FIB Ext - 8/19/2021 SessionContract - CME_MINI:NQU2021 - PR High: 14857.00 - PR Low: 14833.75 Evening Stats - Gap: = N/A - Session Open ATR: 166.43 - Volume: 33k - Open Int: 231k - Trend Grade: Bullish - From ATH: -2.0% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 15247 - Mid: 14676 - Short: 14104 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQU2021
by mv3trader5