Trade-ideas
GBPUSD PROBABLE BUY SETUP GBPUSD has been in a bullish trend on the 4H recently, visible by the direction of the trend-line marked out.
Significant HH and HL points have been marked out beautifully following the structure of the market. Now on a breathing spree,
traders are battling themselves on what direction market is going to take at this juncture.
Nevertheless, presented on the chart is my opinion of how I see the market playing out...
A PROBABLE BUY SETUP ON GU COMING IN.
MY JOB IS TO HAVE PATIENCE AND HAVE THE MARKET PLAY OUT UNTIL IT REACHES MY ZONE
WHERE I LAY WAIT TO TRIGGER THE SNIPER SHOT TO 1.4250 OR BEYOND.
XRP Long Analysis This is what i'm looking at for XRP - Our medium term upside targets of $2.4 & $2.8 are still valid, we have had a break out of the higher time frame trend line and begun making our next move up.
As you can see on the 4H timeframe we are in a upwards channel pattern which means there's a possibility of a pullback down to 1.15 region once the channel as played out - but first i'm expecting an upside move soon to the $1.8-$1.96 area. If price breaks through this resistance level, that's when we can see 2.4 and 2.8.
SPY/Emini/ES1! : 4 areas of bullish interest for next weekMonthly / Weekly / Daily + 4H analysis for E-mini SPY (ES1!).
Order flow on all timeframes is bullish - hence expecting 38% trend rejection, or 4H bullish Fair Value Gaps or Order Blocks to hold in discount area.
Wait for these areas to get tested - and trade only if you see a bullish sponsorship at these levels.
Trade safely, apply good risk management & take partial profits!
EURGBP - Analysis ( Having A Breakout Or A Pullback?)Trade Signal Alerts On EURGBP
EURGBP is currently retesting a support level at 0.89574 after breaking out from a diagonal range at 0.90261.
Price moved in that matter creating lower lows to hit it's previous support price level at 0.88635.
Price is currently moving in a bearish direction. If price breaks the previous resistance level at 0.89454 acting as a strong support zone.
Open order around that zone and look forward to exit the market at next support zone at 0.89144.
Open Price: 0.89353
Target Price: 0.89144
Stop Loss: 0.89463
Order: SELL.
Alternative Scenario
When price breaks the middle point resistance zone at 0.90261, look to take a quick profit and exit the market at 0.90437.
Open Price: 0.90270
Target Price: 0.90437
Stop Loss: 0.90212
Order: BUY
Trade opportunity after the 360 breakoutPosting my idea because why not.
Blue line is the entry point after the 360 breakout. We are experiencing an expected pull back testing back the blue line. We have red line has a stop loss. Expected to see a bounce back and an other break at 380 wich will give us an occasion for an other entry point.
Stop loss will be adjusted based on the direction and acceleration of the price.
Very curious to see how it will play out.
Do what you want with this information.
Godspeed fellow trader.
ZipZapZoop,
EURCAD Potential Long SELL AND BUYAs you can see on 4H chart it is inside a descending triangle. And above two Support levels.
If it breaks out the trend line and when confirmed we initiate a long buy but if it goes otherwise breaking the two Support Lines we initiate a long Sell.
So We need to keep it on our watch list till next week to decide. 🤔😍😍❤️
If you have any thing to say drop it at the comment below. Thanks....
NZD/CAD DOWNWARD TREND
DAILY- DOWNWARD TREND
4HR- DOWNWARD TREND
1 HR- DOWNWARD TREND
This pair is currently in a downward trend and there are a few key support areas where you can feel free to take profit. Please don't forget about that risk management!!!
SL 0.89132
TP1 0.87821
TP2 0.86898
TP 3 0.85913
Positive point of viewFeeling positive about the US economy and believe that we can see this symbol reach the highs that was made before the crash at around 29 May 2020, if the channel can hold. Expect a 17% rise. This is just my personal opinion and my believe in the US economy.
Watchlist ideas - 4/21/2020 - $NUGT $APT $WMS $DISGold has been a very volatile commodity last month but looks like a recovery is in the midst, $NUGT looks good for another leg up here. Long above 12 with a stop loss at 10.48.
APT, a coronavirus play, has been consolidating right above the rising 5DMA. I think APT is right about to lift here. Good above 14.75 with a stop loss at 12.85.
WMS, a utility stock, has formed an inside day right below the 200DMA. Yesterday's up day was on very high volume so today's action would be a clue for further upside in the near future. Good above 36 with a stop loss at 34.20.
DIS has formed a very nice looking base on the 65m timeframe. In terms of relative strength, DIS has been relatively weak and beat up. Regardless, this could be a good long above 108.