BABA Weekly Options PlayDescription
BABA remains in extended downtrend that began 27OCT20, now has rejected new supply line established 20-22OCT.
Technical Indicators:
Fallen back below 50D EMA
Bearish MACD convergence
Supply line Rejection
Using A put debit spread, because profits are always limited by time.
Put Debit Spread
Levels on Chart
SL > 178
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/12 165P
SELL
11/12 140P
R/R & Breakevens vary on fill.
The long call is placed ATM for higher chance of profit,
The short call is placed at last known support.
Earnings on 4NOV are a risk factor.
Manage Risk
Only invest what you are willing to lose
Weeklyanalysis
Eur/Usd Weekly Analysis 11/08/21Eur/Usd is going to be a bit more complex to analyze this week but in my perspective, I am not really 100% bullish or bearish I have price moving onto the trend line around 1.58 to then maybe drop a couple pips before shooting up to 1.61/62 to fill some imbalances from the higher time frame move we had last week. But then after that it gets a bit complex weekly has establish a new lower high and lower low where investors and traders will have their sl set above this area at 1.67. And as we should know a new LL or LH doesn't mean price is going to continue in that direction. This makes me a bit skeptical as on the daily as welI , I believed could've crashed last week but instead grabbed a previous Daily low and closed above leaving me wondering if we would continue lower. The 2 different colored arrows are two possibilities I see on EU this week. This week may be a bit more complex to understand but we manage risk and adapt everything will turn out in our favor. Im out gang-- love!
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Go hit a follow on my parter-one of the best traders I know
@AlphaNarekD
DXY 01/11/2021 TradeplanHello, I am Agape
Daily and weekly swing trader
Very simple price action that DXY showed a nice bullish rejection on daily and weekly timeframe. So i place buy limit order at this yellow area.
SL below daily swing low
TP previous daily resistance
Manage your lot size
Place trade at your own risk
Bearish Trendline Respected What About The Bullish CounterTrendGold is still technically in a downtrend overall according to the daily timeframe. It rejected off the trendline for the 4th time last week, so we may possibly break the monthly to continue to swing sell.
I've created a pullback trendline underneath to wait for a bullish continuation, or a break of the BULL trendline as additional confirmation of the bearish trend.
BEAR TPS:
• 1760.25
• 1750.37
• 1741.66
• 1726.44
]b]BULL TPS:
• 1772.14
• 1781.97
• 1793.93
• 1800.75
Bitcoin it's repeating the bull cycleI make this elliot wave analysis as now, we end the phase #2 of the bullish elliot wave cycle, so, we're entry in the phase #3 in the Bitcoin price. So, Bitcoin will be make a large bullish movement toward the new ATH that we could to leading to $100,000 USD in few weeks.
I can't to predict that Bitcoin could to leading until $500,000 USD, but I can to use the same parameters what Bitcoin do in the past as I show here.
Now, I will going to analyze the others timeframe and the past years how Bitcoin made movement using BLX or Bitcoin yearly timeframe as I called it.
Guys, if you found out that this idea may to support you, please share this idea with others crypto-traders to know my perspective in the market.
EOS/USD: The next altcoin to explode soonEOS it's showing us an interesting bull market that could to change your perspective if you want to make trading or hold EOS in your trading app in cryptocurrency.
Now, you can to put a long position by position trading to hold this cryptocurrency like trading opportunity during weeks to months. I believe the lot potential of this cryptocurrency, it's an undervalued and cheapest altcoin that you can to buy now or starting to invest in it.
EOS it's showing us strenghten during the next weeks.
AUD/USD Weekly AnalysisThe AUD/USD chart is inside a bearish channel with the current price at the top of this channel. In my opinion, the short-term uptrend will continue on Monday. This uptrend stops in the range of 0.73 and a downtrend is created.
In my opinion, the 0.706 price floor should be touched and then an uptrend should be formed.
However, if the price can go above the 0.732 range, this analysis is wrong and the chart trend will go up.
BTC/USD: Weekly OverviewThis it's just my idea, but now, we have 4 weeks bearish in the Bitcoin price, I don't considered that this will be bearish, just could to forming a possible new cycle to this bull run on Bitcoin price. This it's an elliot wave cycle and we could to look that we end the past Elliot Wave Cycle since May 2020 when Bitcoin was worth around of $4,300 USD per coin and this cycle extend the Bitcoin price until near of $64,000 USD per coin on May 2021. Then, we had this correction on May 2021 when Bitcoin crash from $64k to $30k. And now, we end this Elliot Wave retracement ABC. So, right now, Bitcoin could to repeat this same pattern starting from $30,000 USD and we could to look that we could to entry in the new elliot wave cycle. So, right now, we can to be ending in the phase #2. So, if we look for far away, Bitcoin it's considered bullish by long term. But if you want to look for short term.
So guys, if you like this idea, please hand up, share this information with others crypto-enthusiastic.
GBPUSD Weekly Chart AnalysisPrice may retest zone 1 if breaks zone 2 then continue its bearish move to break zone 3 & since zone 3 is a pretty strong support zone with multiple retests on HTF, so breaking & closing below zone 3 will gain a lot of momentum for the price to go down further into next major support zone.
ADA/BTC: bullish setup!!!Cardano continue climbing in front of Bitcoin ratio. So, in Daily timeframe ADA worth 0.000055 satoshi. And the trend it's very clear, it's bullish. So, in based the USD, it's bullish too. So, my big advice it's don't make panic, don't sell your ADA, HOLD!!!
Because if you hold at least 1,000 ADA= your worth in Bitcoin actual it's 0.055 BTC, but in the future could to change to 0.1 BTC easily.
Now, I want to share you in long term my 4 targets in Bitcoin to get Bitcoin earns. I use a lot altcoin/Bitcoin in my investment strategy.
You can view now that Cardano could to becoming one of the best cryptocurrency with huge performance.
If you like this analysis, please hand up, share this information with others crypto-enthusiastic, amateur and people who don't understand it. I'm bullish on Cardano with 10,546 ADA in hold!!! And also with 10,039 XRP in hold.
ETC/USD: Bullish butterfly PatternEthereum Classic forming a bullish butterfly pattern. This it's an Harmonic Pattern and it's bullish signal. We're in Daily timeframe and also, Ethereum Classic make support in the EMA 200. So, in medium term, Ethereum Classic could to move up toward $60.25 USD next resistance key and $78.28 USD next up 2nd resistance key. The 2nd resistance key it's my target in $78.28 USD. So, Ethereum Classic it's bullish.
Now, in this screenshot, I make an analysis of Elliot Wave Cycle and we pass the Elliot Wave cycle and Elliot Wave correction. Right now, Ethereum Classic coud to forming a new Elliot Wave Cycle so similar in the past when Ethereum Classic went from $7 USD to $130 USD aprox. Then, Ethereum Classic pass for the correction toward $130 USD toward $40 USD in average. Right now, Ethereum Classic continue ascending in this model where forming like a channel, but I called it what this could to make an explosion in the price in the incoming months.
So guys, what do you think of Ethereum Classic like investment or making a position trading in the market price $51 USD aprox. and put the SL in the $35 USD approx and my target toward $1,000 USD and keep this positon trading during months. This could be a extraordinary profit of over 1,800% if you keep this position during the next months. But yes, using a small average but depending the collateral what do you use for deposit your crypto assets. You can to use 25% of your 100% of your collateral and keep this posiiton to generate your favorite cryptocurrency.
Guys, if you like this analysis, please hand up, share this analysis with others crypto-enthusiastic, traders and people who interesting to know this information about Ethereum Classic.
So, I just entry in this long position toward $78.28 USD. This it's my target and I entry around of $51 USD and I put my SL at $40.50 USD. Now, I think that Ethreum Classic in my own opinion it's that has future, I do not going to invest in this cryptocurrency, but in the future, I may to interesting or I can to make a small leverage to invest a position trading and keep this position trading until $1,000 USD just keeping this position during months.
Is the moment to invest in Ethereum now?According with the Ethereum Dominance, it's look strengthen and that put altcoins in bearish in front of Ethereum. For that, in the USD correlated, Ethereum it's xtremely optimistic and so bullish. For that, the Ethereum dominance it's a track that we get information about the dominance and how Etherum will take power o altcoins now!!!
Now, in based in this forecast ,we formed a bullish rising wedge and into this pattern a simetric triangle. But now, I believe that Ethereum will leading to a extremely bull market
This it's the weekly timeframe. and we look that Ethereum could to reach a dominance of 30% very soon.
Ethereum it's make a powerful trend that will shock you
I will check out the Ethereum ratios to know the situation against Cardano, XRP and Bitcoin too. It's very important to look this secret information that investor doesn't know, at least for amateurs.
BTC/USD multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION)
If like this and if help you with your trading Please Like, Share, Follow and comment that give me motivation to make another Market analysis and trading ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
USD/CAD multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION)
If like this and if help you with your trading Please Like, Share, Follow and comment that give me motivation to make another Market analysis and trading ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
Tesla: Bullish Rising Wedge; break outThis it's my first time that I do make an analysis of the first shares. This it's Tesla. It's one of my favorite company that I like to invest and for now. I show you today my perspective how I look Tesla by long term. As I fund a USD account to trade shares, This it's so interestign to invest in shares and make to growing up our money in the time.
What do you think about this shares and my own analysis that I made for you?
Bitcoin could to make a new hgher soon!!!This it's my 2 perspective in Bitcoin to hold.
1. Bitcoin could to reach the -0.273% around of $80,000 USD per BTC
2. Bitcoin could to reach the -0.618% around of $100,000 USD per BTC
This it's just my idea using Fibonacci reversal and impulse to know the trend by long term!!!
I'm super bullish on Bitcoin
Bitcoin could to begin a new bullish cycle!!!This it's just my perspective in wekly timeframe. Based in this timeframe. we were in the correction ABC formation. For that, we complete this phase #1 and Bitcoin could to repeat the same movement that could to put Bitcoin extremely higher.
Remember, if that happen, Bitcoin could to hit the $100,000 USD very soon as very key fundamental it's what the FED make in this time, more inflation and more inflation in America. Bitcoin it's in the point key to become an adoption for the people who hold Bitcoin. Now, that I put it's just a forecast of the possible next elliot wave cycle to watching in the future.
I hope that this idea it's going to support you!!!
Big Alert: Ethereum may to recover the trend to bull market!!!This it's so spectaculat to know Ethereum like investment. Ethereum the obvisouly level that we woudl need to watch it's that need to recover the mark of $3,000 USD and more later $4,000 USD. But my target it's that Ethereum will need to hit the $5,000 USD and that it's possible, because Ethereum confirm the zone of $1,900 USD key support and we see that this weekly timeframe it's look extremely bullish.
Ethereum rally will explode hard!!!
My plan to accumulate Cardano in Simple FXI see that Cardano it's extremely bullish on long term toward te target at $7 USD. Now, I use my broker Simple FX that you can to search in Google and you can to click the website of this broker Simple FX and create a Cardano account to fund Cardano. I decide to choose my 1 Ethereum coin in my Simple FX to Cardano. I got 1,741 Cardano coins. Now, based on this strategy, I open up a position of 0.1 lots in ADA/USD, that mean 1,000 Cardano coins toward $7 USD my exactly point to get profit. I have a possible earn of 4,788 ADA to accumulate in this rally until $7 USD.
So, as I HOLD 5.67 ETH, I decide to keep my Ethereums to hold in based that Ethreum take the rally control of altcoins. For that, I just invest 1,000 Cardano contract in my broker Simple FX to long posiiton until $7 USD.
EURCAD LONG AT THE NEXT HALF YEAR.I think FX:EURCAD has a good long trend for the next 6-9 months.
We have now crossed the strong support line at 1.47320 and are consolidating at this level.
I indicated the points where you can fix the profit:
* TP1 = 1.52600 (November 2021)
* TP2 = 1.55840 (May 2022) << near border of flag