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....
Trade-ideas
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.
GBPUSD Short? Hello Traders,
Here I'm looking at GBPUSD On the 1 Hour time frame. I'm expecting a short from my current Analysis. I Am still waiting for a breakout of the trends to confirm this trade. As you can see I have two Trend lines converging on each other and meeting. What I am looking for is a breakout to the downside of these trend lines and a short. I've got Two Take profit levels drawn up on the chart as of right now. Let me know your thoughts on this trade.
CHFJPY bullishI'm in this trade right where you see the text At this point though, I see no problem in coming in for a buy if you're not already
ADX and DI+ signals are growing stronger now at around 33 and 25 respectively
Ichimoku continues to show conversion over base, and the market remains well above the cloud.
SAR is below the current candle, though the closer it gets to the candle, it seems ready to flip.
Even with the sell candles and the closeness between candles and the SAR, I think the uptrend will continue.
It would be an amazing play on words to say things are still looking bullish
NEO/BTC Bullish Trade Idea.
Hi Guys Today I'm sharing my long idea for NEO/BTC
After Many pushes upward (with good volume) NEO seems to consolidate a bit before a new leg up.
.I'm planning to enter after a retest of the last resistance.
.This level is also a fibonacci retracement level (50-61.8%).
.I'm Targeting an old liquidity pool from the rally earlier this year.
Entry ~1410
SL ~1225
TP1 ~ 1500
TP2 ~ 2260
Have a good day!
EUR USD Buy Opportunity you don't want to missEUR/USD (4 Hours) Starts to decline, but the recent upward trend remains unchanged
The euro/dollar weakened in early trading today, breaking away from a strong period and hitting a two month high on Friday. The expectation of a near-term break of 1.1111 is that we may see further gains in the short term. So while we see some downtrend, this looks like a buying opportunity unless the pair falls below the 1.1115 shock low.
Short AUD/JPYSELL AUD/JPY @ 74.438
SL @ 75.250
TP1 @ 73.880 near 23.6%
TP2 @ 73.500 near 38.2%
TP3 @ 73.200 near 50%
-Price action shows a bullish trend but double topped at whats looks to be a strong daily resistance respected many times as far back as Sep. 16, 2019.
-TP3 sits well at the 50% level which has also been tested multiple times mid October.
-Economic indicators show a lower unemployment rate, inflation rate and and interest rate in Japan's market than in the Australian market but to play it safe I am using minimal risk with a very small lot position.
-Technical Analysis is the main reasoning behind this prediction seeing how COT reports do not show a grand amount of long orders for the yen. *Let's hope for the best and prepare with minimal risk.
Structuretradingview on BTC05/19/2019.
Bitcoin has been on the rise for the past few months and expecting it to appreciate more from the look of the market, Buyer are in control...
Technical Analysis:
Using a combination of our tools from our trading toolbox (Fibonacci, Support and Resistance Level) At Fib's 50% (7094.0) price level showing a bullish engulfing pattern. From the previous trade session, we can see that at same Fib's 50% price level, acted as a support then went on to hit the Fib's 100% price level and did a reversal down back to Fib's 50% price level.
Waiting to break resistance price level at Fib's 61.8% at 7483.0 price.
Area valued to enter for this trade would be above the resistance price level at 7520.0 and set my first target price at 7861.0, take my first profit out of the market, wait to take my second order to aim target price at Fib's 100% price level at 8448.0 price...
MKSI: Longer bottom completed and moving with momentumMKSI worked on a longer-term bottom formation that is completed and moving up with momentum at this time. The consolidations of the past two 1-day runs are very precise and horizontal. These candlestick patterns offered excellent low-risk entries. The stock has an all-time high around $128, so ample room to move up further. It has also completed a near perfect V Trough formation on the long-term cycle indicator chart. Currently price is controlled by professional technical traders.