Trendanalsisexplained
CAD/CHF: Bullish flag channelCanadian Dollar still in this consolidation. But early I believe that CAD will weak, until check out to know what happen. So, I have a good plan to trade CAD/CHF to long position toward my targets to $0.7532 CHF (124 pips)
So guys, i should have to buy below of $0.7380 CHF approximately. But I can't to check-out every hour because I'm offline in there until I get time to check it.
But following the H4 timeframe. it's bullish firstly and price action it's speak us. But don't worry, we can to work better.
ADA/USD: Bought in the Dip!!!I buy Cardano spot contract as I use this Fibonacci analyze with confluence that in this level $2.40 USD it's show us a good support.
Cardano formed a bearish rising wedge in the higher zone between $2.90-$3.10 USD, And today, Cardano drop over 22%, that was incredible voaltile movement what Cardano do.
Now, I look that I mark Fibonacci retrocement from $1.24 USD to $3.10 USD and show us that make support in the 0.382% of Fibonacci meanwhile I mark another fibonacci retracement in H8 timeframe from $1.86 USD to $3.10 USD and we look that make support in the 0.618% of Fibonacci.
Now, I buy Cardano in the dip to hold this position toward $4 dollar. Now, I see that this it's a confluence what Fibonacci make. I put in long position in ADA buying in the DIP.
Bitcoin form a Shoulder Head Shoulder; bearish pattern!!!Bitcoin form a shoulder head shoulder (bearsih paattern) and there's no idea that Elon Musk tweet today bad news about Bitcoin adoption. That man it's so ridicolous and clown. He's destroying the BItcoin adoption. But why?
But now, in H2 timerame, we see a bearish pattern and that it's not a good signal for the Bitcoin price. Because there a lot chances that Bitcoin continue crashing if the support of $30,000 USD will continue down.
s3.tradingview.com
If you look the H4 timeframe, we see that Bitcoin it's trying to break down the simetric triangle, and that will be a bad news for Bitcoin and the formation of this shoulder head shoulder. So, I hope an entry price and we will need to look a possile price action conirmation, or if we see a cheat, exist a possible recovery to trying to break up the $39,000 resistance level. But in any case, in the next hours, we will need to know if Bitcoin continue down to $33,000 USD or that will be a cheat in the price. Because if you look very carefully the H4 timeframe, it's not neccesary that I will say you now that Bitcoin going to crash, just it's my plan if htat happen, becuase in another hand, Bitcoin could to form a new lower higher in the support of the simetric trianlge line, for that, we will need to take a consideration in bear as the bull cases.
XRP it's leading toward the $0.60 cents!!!In this short analysis, I just want to publish in short term, what direction it's XRP it's leading for? At the moment, in this bullish scenario, there's an interesting support line that form a support in the level of $0.46 cents. That mean that bulls are defending XRP to leave this cryptocurrency more higher.
For that, if you bought XRP when XRP was around of twenties cents price, congraluations, we're in profit. But as my reccomendation, you can to put a bought order limit at $0.4660 cents to long position with a SL at $0.4440 cents and your target at $0.60 cents if you want to trade XRP/USD.
NAKD Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$NAKD - Naked Brand Group Limited - Ordinary Shares
Initial Alert Price: $1.89
Price High: $1.47
% Gains/Losses: -22.22%
(-60.62% Less Than Expected)
Potential Stop Loss: $1.3965
NAKD brand gapped up in today's trading session by gaining 30.75% in today's open but still being -22% below our initial trade alert. We're holding this as on a 20-30 Day Basis in order to give the stock time to bypass the current "Short Squeeze" Phenomena in order to gain the 37.5 - 40% Profit Target that we are expecting from the trade. The stock actually hit 25% profit gains shortly after we provided our original trade alert, but became victim to the volatility of the Short Squeeze as expected just like all of the other stocks in yesterday's trading session. We're still looking to at least retest those $2.37 Price Levels and continue forward to retest those $2.62 Price Levels again in the trading sessions to come. Keep an eye on how this performs in tomorrow's premarket session and market open to determine if you're willing to hold out in order to obtain the potential gains that we are looking for. Keep in mind that if we retest $2.37, you would still at least achieve a 25% gain from our initial trade alert. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
Shoulder Head Shoulder inverted in formation!!!Hello guys, in this technical analysis EUR/GBP is have a possibility a Shoulder Head Shoulder inverted in H4 timeframe.
In Daily we continue so bullish for mid-term and long-term in EUR/GBP
in H4 we are with 2 indicators that are overbought and that mean a possible drop of the price, so both indicators RSI and MACD are overbought, specially MACD show a possible sell signal in EUR/GBP.
Also, in H1 we have the same situatin and we mark 2 candlestick, we have a bear Doji and the formation in H4 a good entry in short in the candlestick if you entry in H1 timeframe. Also, in H1 timeframe in the higher lower we will having a candlestick a bearish hammer and that mean that price is weak!!!
So, more later I will going to add in the discussion the fundamentals to take in noticed in this par EUR/GBP.