Tradeanalysis
AUDCHF TO THE .69000 ????We see a head and shoulder formation has taken place over the past weeks and we see a long opportunity forming before the sell
SPY...Consolidation for now...Let's hope for a $290! Great New SPY is consolidating along the 1 FIB line. Minor correction is holding around the $280-278 range. We need to see this hold if we want to maintain an ongoing rally for stocks. If we do gun for $290 which was the previous ATH I predict the broader market will drop like a rock shortly after.
Sigh...its been a nice 3-month bull run :P Fingers crossed. Set tight stop losses on all your trades.
I'm expecting some GREEN tomorrow (3/21). Lets hope this pans out for my EA day trade.
Happy Hunting
Reg <3
GBP/CAD -- Institutional Money is SHORTGBP/CAD -- heavy manipulation to the upside, wiping out many traders at 1.76400 and 1.77380!
Patience and timing were key to avoid heavy losses.
Our team were in at 1.75837 but with stops carefully placed at key levels which kept our position in the market while other traders faced heavy losses.
Target 1 +160 points.
Target 2 +320 points.
Target 3 +480 points.
Stop loss at 250 points.
More posts to follow on why we trade with multiple targets.
GBP/CAD -- Institutional Money is SHORTGBP/CAD (more on our IG page - TWTI.trading)
Heavy manipulation to the upside, wiping out many traders at 1.76400 and 1.77380!
Patience and Timing were key to avoid heavy losses.
Our team were in at 1.75837 but with stops carefully placed at key levels which kept our position in the market while other traders faced heavy losses.
Target 1 +160 points
Target 2 +320
Target 3 +480.
Stop Loss -250
Great risk to reward ratio and more posts to follow on why we trade with multiple targets
EU to the 1.11412 ????????????EU has been in a ranging downtrend price action shows its currently approaching a key resistance level, will be looking for a touch to the 1.3600 level and then after should be a good entry for a nice short in for 230 pips
Baby cup and handle on BTT 15 MinuteLooking at the 15 minute candles a baby cup and handle has formed
EURUSD Short | Doji formed after hourly uptrend -> reversal!We see a Doji forming after an uptrend by h1 chart + some other signs which I have drawed on the chart.
Comment your thoughts below :)
GBPUSD Buy IdeaWe see a clear trend and also a bounce off at fib ~61.8 level combined with higher highs and higher lows. potential new higher high forming where our tp is.
Leave your comments below, read them!
Oversold SP500 on the short term - Potential move up 4 stocks! SPY hitting oversold on all time frames leading up to the 4HR. A lot of "bears" in the market. What i am seeing is a consolidation phase after hitting 40-70% gains on nearly every stock on the market. Granted this was in tandem following a -50% market decline from Q4 of 2018.
Again what must come up must come down. A lot of people are thinking a major market correction is in order...I personally think that would not happen until the election year of 2020. We still have some time to make good money before a broader pull back. Overall people are still bullish, almost to a fault.
My longer term theory is when normal markets correct CRYPTO market will RISE :) As some of you may know I have mainly built my following and trading group around crypto and have done fairly well.
Regardless! Looking forward to SPY trade next week. I am utilizing this chart to help base some of my POT Stock Movements. Again, be very cautious in this market. Falling into FOMO will inevitably result in Panic Selling. Set SL's to an affordable loss %. I normally set mine to depending on the type of stock, volatility, and the type of risk level you are taking.
Good luck to everyone and Happy Hunting
infinity trades nzd/jpySimple continuation of the h4 bullish structure. After respecting a sig level @76.33 we can see a profit take occur which has caused a short term snap back to our potential entry price @75.60 we will asses price action at this price and anticipate buying pressure being added on the basis of the ascending trend level being re tested this will give us confidence in a bullish market.
We have chosen the 76.33 price for our first target for same reasons as explained above our technical target is @78.00 handle the stop loss for this trade is sitting below the last swing low also below a natural price of S/R.
AUDUSD Sell Opportunity..AudUsd, Elliot wave triangle, Monday while bank holiday in USA Aussi Dollar was consolidationg earlier london session just around 0.71500 and as Dxy getting back strength and china usd deal is in progress, this pair has chance to break 0.71000 level.
USOIL short (short term chart)Broke out of channel. Should be seeing bottom target being hit. Will take profits at that level.
If we get a bounce from that level, will go long from there. Otherwise, will short to the red dotted line.
Stellar (XLM): A look at basic TA on a daily timeframeXLM on the daily looks a little bearish now.
RSI starting to drop, MACD momentum is evening out and I expect a crossing over in the few days. The first red candle has appeared since October 1st.
Unless we see a big rally I can see us slipping further down as outlined in my last analysis.
