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Turningpoint

BNB - THE TURNING POINT IS NOW!Hi Guys! We will now see a moment of decision. If BNB stops the fall and returns to rise, then we will know that it is in a primary uptrend, which reassures all of us that we have their currencies. But (!) if that falls beyond the point of 15.33 on the daily candle, then we are experiencing a big downtrend and it is better to get off the boat. I believe in bulls, but the overall timing of cryptocurrencies is shaken, so we can't believe anything. Check out the full chart below
by gabaonogueira
1
AUDCHF (AUSTRALIAN DOLLAR / SWISS FRANC) - Buy NowFirst of all want to mention as AUDCHF is in down trend and as swing traders there is a price reversal opportunity in daily chart where we can have buy trade. Let me explain you; If you can see there is a very strong support at 0.66913 where couple of time tested and its already hit the 0.786 fibo level as well. In the meantime previous day candle is closed as a inverted hammer where we will get a bullish signal. So we have few confirmation that where we can go for a Buy Order. Note: Trade at your own risk and this analysis is not based on fundamental. Like and Comment us... Follow us on Telegram - @theturningpoint
Long
by TuanMSallay
DAX Index / DE30 Index is going down more. (Bearish)Must Read It; Why its so bearish according to the technical analysis. If you can see closely that candle pattern create an "Evening Star" pattern which is caused a bearish movement. If you can see the circled area which is RSI line crossed the 60.49 horizontal line, if its crossed the 60.49 it will keep go down for certain period, which is a bearish movement. Last one is according to the fibonacci retracement, it was try to reach the 0 level of fibo but its keep rejecting several times from the strong resistance at 12490.50 and price was retrace from resistance to 0.236 level of fibo which is a bearish movement. Open for discussions. Comment and like us for more. Note: This analysis made on without any economic or geopolitical news, Trade at your own risk.
XETR:DAXShort
by TuanMSallay
2
EURNZD - Bullish What i think is according to daily chart EURNZD will be bullish but before it bullish, according to 1H chart, price go down and will be bullish coz 1 hour chart closed with bearish engulfing candle pattern. MACD indicator showing that price will bullish in daily chart and there is white worriers candle stick pattern in the chart as well, which is caused a bullish. Note: Trade at your own risk and this analysis is not based on economic or geopolitical news. Comment and like us for more.
Long
by TuanMSallay
USDJPY - Will Be Bearish - 22/09/2019Read the explanation. If you look at the chart carefully you can see the bearish ares which is marked in the yellow colour boxes performed with bearish engulfing and each and every time we meet the bearish engulfing pattern price goes down. In the meantime price was retracing from 0.618 febo level towards to 0.786 level which is bearish movement is continuing. RSI - you can see that RSI indicator shows that whenever it towards below it hit the 50 line shows a bearish momentum. TP ares mention in the green box. Note: Trade at your own risk and this analysis is not based on any economic or geopolitical news. Comment and like us for more analysis.
Short
by TuanMSallay
EURJPY Will Be More Down - 22/09/2019Reading is must. If you see the RSI indicator shows that when it comes down and cross the 50 horizontal line price goes more bearish and we can predict this time that price will be more bearish too. According to the Fibonacci retracement price was rejected to move lower than this well tested support line from price 115.970 and fibo level of 1. And again price was retrace from resistance line of 119.627 and fibo level of 0.786 and we can come to a strong prediction as that price will move lower and will hit the fibo level of 1 and the support which we mentioned as above 115.970. so you can set your take profits in between any area as per your requirements. 50EMA is moving above from the chart means a bearish signal even last candle was ending with below the 50EMA. Upper Bollinger band is moving away means a bearish movement Lower Bollinger band is towards to the candle means a bearish movement Take profit areas are mentioned in orange colour box. you can set your own SL. Note: this analysis is based on without any economical or geopolitical news. Trade at your own risk. Please don't forget to comment and like us that we can come up with more analysis.
Short
by TuanMSallay
GOLD WILL HIT 1600 - (21/09/2019)Will GOLD hit 1600? YES...! When it comes to candle stick pattern its ending with Bullish Engulfing Pattern which is caused to Bullish movement. It has very strong support at 1483.97 (Horizontal green line). 1533.67 resistance line has been crossed several times and there are more chances to cross it again and hit the resistance 2 (Horizontal maroon colour line). Even though gold is in over bought situation it will bounce back from 70 line towards 80 or more which is bullish. Take profit areas are mentioned in green box. Note: Trade at your own risk and this is based on technical analysis only. This is LONG term trade analysis. Comment and like the analysis. Open for discussions. Validation - from 21/09/2019 onward. Meet us through telegram - t.me/theturningpoint (@theturningpoint)
TVC:GOLDLong
by TuanMSallay
EXFO - Possible Bounce/Turning PointEXFO, Inc. engages in the provision of test, monitoring, and analytics solutions for fixed and mobile communications service providers, webscale companies and equipment manufacturers. It offers field network testing, optical benchtop kits, tunable filters, network simulation and load testing, and switch and utility module. The company was founded by Germain Lamonde on September 18, 1985 and is headquartered in Quebec, Canada. SHORT INTEREST 8.61K 08/15/19 Average Recommendation: HOLD Average Target Price: 4.42 P/E Current -17.50 P/E Ratio (with extraordinary items) -34.14
E
by DEXWireNews
Will BTC make a new local low this month?Will BTC make a new local low this month? BTC failed to break the downtrend resistance since 20 August 2019, resulting in a big drop to ($9,900 - $10,000) area. If the strong support established since mid-July 2019 fails to hold the price, BTC will make a new low this month. Though there has a small pumping of BTC in the last hour, however, buying force is still quite low. Besides, the orders on BitMEX are tilted toward the shorts, indicates that BTC will have a higher chance to find lower support. BTC price must hold above $9,000 (local low on mid-July 2019) to maintain bullish favor in mid- and long-term point of view.
BITSTAMP:BTCUSDShort
by Batrachotoxin
BTCUSD, Daily - Head&Shoulders (Turn!)Hello friends! At the moment, on the timeframe DAILY, the figure "head and shoulders" is quite clear. The target point is at the level of 6000-6050 $. Let me remind you that "H&S" is a figure from the number of reversals and after working out this figure it is quite possible that we (BTC) can go further Up. P.S. However, if we look at the next of our forecast, we can see the same figure, at H1-H4, but the "Head" will be at the top of the graphic, and the aim (target) will be in the bottom, about 6250-6300$. Be attenive! Follow us in Telegram. See the signature) Have a good trade! =) With regards, Germes group
BITFINEX:BTCUSD
by e-partner
ALL EYES ON MEIf you look at nearly any other coin, you’ll see it trading sideways for the last several days. That’s because the entire crypto market is holding its breath, waiting to see if BTC will break through its $11k resistance point (solid red line). There’s no need for an analysis at this point… …let’s see what happens, shall we? Indicators: Dotted green line: We have a well established support trend. Dotted red line: Estimated resistance trend. Dotted gray lines: In case the current resistance trend is wrong.
COINBASE:BTCUSDEducation
by stiltsmccoy
SPX turning point soon?Hello traders, Today we want to share with you our TVC:SPX perspective as it starts to flirt with a very decisive zone at around 2400-2450. Currently market seems to be a very decisive level for the market weather bearish sentiment will kick in soon or not. Current fundamental important facts to consider: FED rate hike (rate odds jumped in previous days significant higher as they currently are in 79.7% ( CME FED watch) for a march rate hike of 25 basis points. As Yellen spoke on Friday she mentioned to watch very closely at next Fridays NFP. They might be significant for a March rate hike. Of course another factor to mention is the huge influence of President Trumps policy as it may effect further gain within the stock market in several sectors. However, keep in mind that investors sentiment sometimes act before certain policies are taking place. As we look at our intermarket indications we need to be careful, as they currently still warn for a potential downside moves. We always mention the importance of intermarket flows, as we believe that investors only repark their money due to sentiment and global macro-economic conditions. Therefore, we always keep in mind the in-and outflows with the help of our intermarket indications that lead us towards better timing when making a trading decision. As you might know that timing is one of the most important things when it comes to trading together of course with risk/money management. As seen in the chart, two of our three intermarket indications already moving in extreme areas territory which might indicate a soon outflow of capital to other asset classes. We always take into account the BIG 4: Currencies , Bonds, Stocks and Commodities. Only the SPX/Bonds ratio shows still more potential to the upside. Investor may still move their capital to indices from Bonds. This action has still not reversed to reach its extreme on the flip-side! Looking at the technical perspective and current trading range, we have seen an extreme up-rally in the TVC:SPX throughout the whole year so far. It currently trades at 2383 with its all-time at 2401. If Yellen gets supported by +VE US NFP figures on Friday, we might see some volatile movements around that current trading range. Additionally, very important key factors to consider is the current policy of Trump. His tax plan, infrastructure plan and his borderline tax ideas could influence the TVC:SPX significantly. We will keep you updated with that! So, summarizing everything together, we believe that TVC:SPX is currently at a very decisive zone and we need to take care. We will closely watch the actions of investors in terms of capital movements and the fundamental perspective within the FED rate probability. All these factors together we are currently at mid-term turning points where a move to the downside is also possible! Either way we will keep you updated with possible trading setups! As always, trading is a probability game nobody is 100% right and always use a stop-loss when trading. Trade with care. We wish you much success, The Secrets2Trade Team
TVC:SPX
by secrets2trade
AUD/JPY, SHORT, DAY CHART (24-DEC-2016)Note: AUD/JPY didn't follow what we plan last week, so we didn't trade this pair. Now, we are bearish on this pair. There are 3 trading plans for this trade: 1. Wait for price correction near the resistance zone near 86.2x level, followed by a bearish signal to short. We can short with right risk amount. But the chance of the price correction to this level might be low. 2. Zoom into H4 or H1 to look for pullback to their respective 20-EMA, followed with bearish signal to short with right risk amount. 3. Short now with little risk amount.
Short
by YongLiang
4