A Price Breakout!The candlestick indicates a price correction between 10% to 20% from the recent peak due to a short position from the investor.
The RSI indicates an overbought where the indexer was above 70.
MACD and OBV indicators support the price uptrend movement.
Precaution for a price correction where it will be pushed down from the upper line Bollinger band.
Let's save GOB in WL and watch out for significant price movement with volume.
R 0.345
S 0.270
Trendanalyisis
GMTUSDT bias 📈🌱So we got a fake out and normally we will expect a downtrend continuation. Entered on a pullback at 1.37249. And expecting a drop to 1.34087 or 1.28602. Let's see how this play out.
A Breakout Signal!The candlestick indicates an uptrend pattern where the price closed above the MA20 line with volume crossing up the MA20 line.
The RSI, MACD, and OBV indicators indicate a divergence signal with a probability of an uptrend pattern.
Precaution for a price correction between 10% - 20% from the recent peak before the price continues with uptrend movement to the next price resistance.
Let's save TANCO in WL and watch out for significant price movement with volume to the next price resistance.
R 0.370
S 0.315
ATOM/USDT 4HrAtom is Forming Bear flag Pattern. If we get any breakdown with Good volume there is chance to short.
EUR/CHF This week Hello traders, this is my vision for this pair, the mentioned moving support area facing historical support from 2015 and the price respected it also this year + Ema 200 + 0.61 Fibonacci
If you like this idea, do not forget to support with a like and follow
SOLUSDT ShortTime Frame: 4H
Symbol: SOLUSDT
Entry: 82.61
TP: 67.54
SL: 92.59
Bias: Short
This is also interesting as we see the cryptos are following a common market tend . Most of the pairs are trending down. So is the case with this instrument.
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 2715.27
TP: 2426.05
SL: 2937.22
Bias: Short
For this instrument our bias is short for any short term trading or day trading. In the long term our bias is bullish but for next few weeks we do not see any bullish opportunity . So let's ride down.
USDCAD short trade idea before NFP data releaseUSDCAD has been on a bullish trend for ten days while market participants waiting for the Non-Farm payroll data release, and currently, we are seeing price form a head and shoulders pattern. personally, I am still waiting for the price completely formed H&S pattern and the price to break out of the 1.27190 support level, it will confirm my sell setup for this pair. The downside target will be at 1.26050. be patience ;)
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.8725
TP: 0.7572
SL: 0.9598
Bias: Short
As we see the ADAUSDT saw a dramatic rise yesterday. From our perspective, it is a temporary bubble which is going to be flat again following the established sell trend.
SOLUSDT ShortTime Frame: 4H
Symbol: SOLUSDT
Entry: 92.63
TP: 80.91
SL: 102.00
Bias: Short
For SOLUSDT our bias is short. As we see the established trend is bearish and we are also on the sell side.
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 2934.56
TP: 2637.82
SL: 3123.03
Bias: Short
This instrument saw a bullish impetus yesterday . It is temporary. In the long term this instrument may rise up but for the time being it is going down creating new selling opportunities.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 39650.35
TP: 36544.40
SL: 41916.86
Bias: Short
A beautiful shorting opportunity awaits in BTCUSDT. The major and established trend is bearish . Though there are some trend corrections, the sell pressure is still high.
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007715
TP: 0.007521
SL: 0.007896
Bias: Short
The established sell trend will continue creating new bearish opportunities. Our bias is bearish and we are looking for selling opportunity.
Minor (Bullish) and Major (Bearish) Bitcoin Price MoveThis is my unbiased observation on #Bitcoin price move as seen on the lower TF (4hrs) and the higher TF (Daily).
As seen on the chart: The 4hrs TF clearly shows a Bullish flag Pattern has been boldly printed which signifies an upward move in price to the $48k - $50k region.
Moving onto the Higher TF, a large Bearish Flag can be boldly seen printed on the chart and it's a confirmation that we are still going to experience a massive upcoming dip to around the $28k - $30k region.
@CryptoPornster @JBDigital
AUDUSD trade idea on 1H timeframeprice played inside descending broadening wedge and also respected the support level at 0.70530, for a short term trade we can take the upside movement inside the DBW pattern. please wait until rejection occurs clearly on the lower timeframe for a buy entry. Good luck traders!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
$TSLA beats the earnings expectation!a quick recap on tesla play this morning. congratulations if you caught the move this morning for $TSLA (see my previous post). the buy and sell signal for put was reached in the first 2 hours after the market opens and keeps going down. after the earnings announcement,
Tesla stocks surge up and in after-hours, it pulls back down. later in the evening. those moves are typical in every earnings after hours.
Tesla will surge back again in pre-market. with the hype of the positive news and guidance about the next earnings tesla could continue to surge back up again back to 1050-1100 keep in mind that there's a fed meeting tomorrow so the market could get choppy as the meeting goes on.
if tesla surges up in the aftermarket there's a high probability of a sell-off at the opening bell as pre-market people are taking a profit. let the pre-market people take profits and ride the reversal after the sell-off cools off.
if the tesla opens lower below 1000 ride the momentum as the volume of picks up to the upside.
Below is my ideal entry for day trading or scalp play.
TSLA: Day trade or scalp target play: 04/21/22
Buy call above 1039.66 sell at 1050.88 or above.
Buy puts below 1009.40 sell at 997.47 or below.
option open interest: ideal expiration date: 4/29/22 5/20/22 6/17/22
Hello everyone,
Welcome to this free technical analysis. ( mostly momentum play )
I am going to explain where I think this stock might possibly going the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NZDJPY trade idea at 30mcurrently, we are seeing the price held by a strong support level at 86.610, I will wait for the price to break out of the support level with strong momentum down before placing any sell order.
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
$HD bearish continuation? $HD slowly plunges since the beginning of this year. not much negatives news besides the overall supply chain issues and inflations. but the most reason why it took a dive is the short sellers.
there's been high percentage of short seller since the beginning of this year making $HD to a bearish mode until now. but the percentage of short seller starts to fade about 21% since march. but we still don't know
how many institution finish their shorts positions. In my opinion this is a good buying opportunity for long since its sitting in support line at 299.00 after its long rally.
HD average move per day is $5.00-7.00 per day.
Below is my ideal entry for day trading or scalp play.
HD: Day trade or scalp target play: 04/19/22
Buy call above 303.36 sell at 305.20 or above.
Buy puts below 297.19 sell at 295.17 or below.
option open interest: ideal expiration date: 5/20/22 6/17/22 8/19/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes onlY
GBPCAD Analysis and signalBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
BITCOIN POSSIBLE BULLISH | UPTREND |
| REASON |
Bitcoin currently playing in Falling Wedge Pattern which is a Bullish Reversal pattern meaning Market will be expected to PUSH UP.
If market breaks out of the wedge upside then that bullish expectation will be high
EXPECTATIONS
If BTC breaks above 41000 then i will expect a retest to the wedge and continue upside
If BTC breaks below 39234 then i expect it to continue support area 37385 or 36344 to hold and break above the Wedge upside as market still plays in the Wedge
TARGETS FOR BULLISH
43221
45579
47698
Prepare to pump, over 100% On 1H TF
Loopring ( BINANCE:LRCUSDT has been retracing after surged to 1.36
Right now, LRC is trading around 0.89 with the invalidation level below 0.835
We have a huge potential to take profit up to 105% at this price because of a golden ratio 1.382 Fib of wave 3 at 1.8
Wait and see
