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Trendtrading

Long on USDJPYThis week, I'm maintaining my bullish sentiment on USDJPY, and here's my trade plan: 1. Support Retest at 148.53: I'm looking for a buying opportunity if the market retests the support level at 148.53. This level has shown previous support and could act as a launching pad for further upward movement. 2. Bullish Trendline Retest: Alternatively, I'll keep an eye on the bullish trendline. If the market retraces and retests this trendline, I'll consider it as another potential buying opportunity. By patiently waiting for these retest levels, I aim to enter long positions on USDJPY and ride the potential bullish momentum. What are your thoughts on USDJPY this week? Feel free to share your trade plans and insights below! Wishing everyone successful trading ahead! Best regards.
Long
by RaynLim
Target price FALABELLA S.A. / Precio objetivo FALABELLA S.A.ENG Together with measurements of Fibonacci Expansion, Fibonacci Retracement, using the BCS:FALABELLA golden system, we are certain that the price of #Falabella must reach the following bullish prices: -2720 - 3270 (Short-term target) -3700 -4080 -4350 -4650 -5100 Currently BCS:FALABELLA is trading at a value of 2477. When to buy? As measured with Fibonacci Expansion, there is a market debt at 2245 . Our optimal price to buy is between 2265 and 2180. When to sell? As a minimum objective, 3,270 CLP per share will be sought in the medium term. Even if it were to be bought now (2477) there is a 30% distance to reach objectives. ____________________________________________________________________________ ESP Junto con mediciones de Expansion de Fibonacci, Retroceso de Fibonacci, usando el sistema BCS:FALABELLA áureo, tenemos la certeza de que el precio de #Falabella debe llegar a los siguientes precios alcistas: -2720 - 3270 (Objetivo corto placista) -3700 -4080 -4350 -4650 -5100 Actualmente BCS:FALABELLA cotiza por un valor de 2477. ¿Cuando comprar? Según medición con Expansión de Fibonacci, hay una deuda de mercado en 2245 . Nuestro precio optimo para comprar es entre 2265 y 2180. ¿Cuando vender? Como objetivo minimo se buscará al mediano plazo los 3270 CLP por acción. Incluso si se llegase a comprar ahora (2477) hay un 30% de recorrido hasta objetivos.
BCS:FALABELLALong
by nianbove
1
NZDCHF Short TradeMARKET PHASE OANDA:NZDCHF is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it`s initial move down but due to the velocity of the downward move, it's gapped some orders around 0.54224. Price is likely to retrace to this level before continuing downwards. TRADE I will be entering short on OANDA:NZDCHF with the following parameters: Sell Limit: 0.54224 Stop Loss: 0.54295 Take Profit: 0.54082
Short
by Mankz
#BITCOIN would face important resistance in this regionAs you can see in the chart, we have four bullish trendlines that have contained almost all the price action since the beginning of 2013. During this time, the price has never gone above the upper line or below the lowest line. Every time it reaches the middle lines , on the other hand, the price encounters a resistant or supportive force, causing a pause in price movement or a reversal. This time, too, we could see a reaction from this zone, but we should wait and see if it's going to break above the line or reject from it. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
BITSTAMP:BTCUSD
by mohemati
1
💡 XAUUSD: Back to rising momentumGold prices today on the international market increased in the context of investors hoping that the US Federal Reserve (FED) will cut interest rates in June 2024, despite rising inflation in the US. From there, they reduce their need to hold USD, causing this currency to depreciate, benefiting gold prices. Analysts say that if the US cuts interest rates, gold prices will skyrocket. If the FED does not cut interest rates, the market will have concerns about rising inflation, which could push up gold prices. Meanwhile, escalating geopolitical tensions due to the Russia-Ukraine military conflict has maintained the need for safe haven capital in gold. Gold price has conditions to increase.
OANDA:XAUUSDLong
by Stone_Haven
💡 XAUUSD: Under pressure from USDGold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the consumer price index (CPI) in February in the US increased by 3.2%, 0.1 percentage point higher than the market expectation of an increase of 3.1%. CPI increased slightly, making investors worry that inflation in the US may heat up. This may cause the FED to maintain high interest rates for a long time. Accordingly, they increase their holdings of USD to help this currency increase in value. Gold price today is in a disadvantageous position. On the other hand, US bond interest rates jumped from 4%/year to 4.14%/year, motivating many people to put capital into bonds. Meaning very little money flows into precious metals. Gold prices today are under more pressure to go down
OANDA:XAUUSDShort
by Stone_Haven
Maximizing Profits with Trend Trading: Today's Bitcoin InsightIn today's volatile market, leveraging the simplicity and potential of trend trading has never been more critical. Bitcoin's current trajectory underscores the value of following market trends for substantial gains, emphasizing the importance of technical analysis tools like moving averages and MACD for timely decisions. This approach not only simplifies trading decisions by aligning with market momentum but also enhances risk management through strategic stop-loss orders. As we navigate today's Bitcoin trends, remember the flexibility and psychological comfort trend trading offers across various time frames. Join our waiting list now for the upcoming MTOPS AI release, designed to harness the power of the MTOPS Strategy in trend trading for optimized market engagement.
BINANCE:BTCUSD.P
by Blayno_MTOPS
5
💡 XAUUSD: Waiting for CPIGold prices increased in the first trading session of the day in the US. According to reports in the US, the number of jobs in the non-agricultural sector increased by 275,000 units in February 2024. The US unemployment rate increased to 3.9%. The market received the comments of Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), positively. Experts predict that the Fed is ready to cut interest rates and the timing could be in the middle of this year. Upcoming inflation data will attract the market's attention because this is important data to assess the timing of the Fed's interest rate cuts. During the week, markets will monitor retail sales reports and weekly unemployment claims, as well as US manufacturing data.
OANDA:XAUUSDLong
by Stone_Haven
💡 XAUUSD: Continue to increase or decrease?Many analysts believe that, although gold has experienced a strong week of increases and will likely continue to increase in the near future. However, traders are worried that if the US consumer price index report for February published on March 12 increases, expectations of interest rate cuts by the US Federal Reserve (Fed) will continue. continue to prolong. Some experts predict that inflation may rise faster than expected as a direct result of the spike in energy costs. Experts warn that gold investors should be cautious, a slight increase in the inflation index will also cause gold prices to decrease in the short term. SET UP - BUY LIMIT 2174 - 2172 TAKE PROFIT 1: 2180 TAKE PROFIT 2: 2185 STOP LOSS: 2167
OANDA:XAUUSDLong
by Stone_Haven
💡 GBPUSD: Forecast March 11The upward momentum for GBPUSD D1 continued strongly with the sixth consecutive day of gains last Friday. Friday's up D1 bar was structurally important because it broke out - from the most recent price high, confirming GBPUSD D1 return to the uptrend, as it established a new price high. GBPUSD H1 accelerated as it created an upward sloping price channel with a steeper slope than the trend line below. This increased buying pressure is a sign of a trend with strong momentum that is likely to continue. So if GBPUSD H1 pulls back today, you can wait to buy.
Long
by Stone_Haven
💡 EURUSD: Forecast March 11EURUSD stalled on Friday, rebounding from the above resistance while creating a bearish pinbar pattern, showing resistance. However, with the previous breakout, EURUSD D1 is still slightly higher in price. The EURUSD H1 chart structure shows that this pair is more bullish, with gradually higher highs and lows along with a bullish channel providing additional support. Because D1 is touching resistance, H1 can catch pullbacks to the resistance areas below to buy
Long
by Stone_Haven
2
💡 XAUUSD: NFP pre-predictionGold prices continued to rise higher in the past session, recording the 7th consecutive increase and officially creating an ATH (all-time high). However, there are three points to note: 1/ the increasing force is showing signs of decreasing; 2/ Price has increased sharply for many days, creating heavy overbought signals; 3/Selling pressure is showing signs of returning this morning. All of this warns bulls of risks if they buy to chase prices at this time. The medium and long-term outlook is still bullish, but you need to be careful with the possibility of a short-term correction. You should only consider buying after corrective moves, the next target is the 2200 threshold.
OANDA:XAUUSDLong
by Stone_Haven