HydraFinance

HydraFinance

Price has failed to accomplish a new high while still moving along the path of a bearish trendline. I will be looking to get in somewhere in the retracement of the fall from 1.6335. If I fail to find a place to enter I will as a last chance enter on the yellow dotted line. Most important level that should hold for this to be valid is 1.6355.

HydraFinance

Price fails to meet important retracement levels. Im looking for price to start falling immediately off of this 3 push up structure that has preceded this analysis. This trade will be further confirmed once price achieves a close below the trend line following the entire bull market.

HydraFinance

Price structure has configured in a manner that gives a very likely path for higher prices, of course never a certainty but keeping in mind the key level that should hold which is 78.95 I could see price easily sliding lower to around the 79.70 level. After this any move to the yellow line I would buy looking for at least a move past the blue line.

HydraFinance

Price has been moving down a slope of hope after the Coronavirus Highs in March. Price has been respecting a trendline that has followed the move from the initial down impulse. If and when price breaks through this line will give a very clear insight into the new line of least resistance. The extent of this upsurge is unkown but even a portion of the previous...

HydraFinance

Price broke above a 6+ month downward trendline. This in and of itself isnt much of an indicator but when seen on the scope of the most recent price action there is good reason to believe we should se prices shoot to the moon on this pair.

HydraFinance

This is too clear. Not to mean I might not be wrong, at the end of the day guys this is only MY informed guess, informed but guess non the less. I am expecting a rise to at least the previous 81.95 high. I will further dissect an entry option for the pair in a lower timeframe. Happy Trading :)

HydraFinance

We have had a lateralization in the AUDNZD pair going back more than 5 years. This started after a huge downtrend that descended from 1.377. We are now probably about to experience a rally to the upside that will look to retrace this previous downtrend. Now most importantly the level that should hold is 1.056. I have to methods I might get in this: 1) if price...

HydraFinance

Price did just as we expected. Now dont let this fool you, in this case we were lucky. Given the behavior we have experienced I still see further downside potential in this pair. I am just guessing to the extent and profundity of this move to come, but if my expectation is correct it probably is better to wait it out on the sidelines. Now this said, if your still...

HydraFinance Updated 

We had a retest of the 0.9175 price level at the CoronaVirus big selloff. Price couldn't get past this zone and actually closed the week of the low on incredibly upward momentum. A break and close above the declining trendline should yield a move to the blue ray zones above.

HydraFinance Updated 

As long as the line marked holds, we should see price drop to at least the previous low around the 1.33

HydraFinance Updated 

As a disclaimer the drawing in the chart is my bias. I believe price may push above the line a little further before retracing a bit. Obviously this may not be so and price may go sooner than thought to the pointed out price levels depicted above by the blue lines. The way I would trade this is to the long side but given my most recent thought of price I do expect...

HydraFinance Updated 

On this pair, I am looking to buy at the break and close (at the 1H timeframe) or at the yellow dotted line and looking to ride the move to at least 1.721. Trade at your discretion. Happy Trading.

HydraFinance Updated 

I am still looking for an entry point into this idea. Important aspects of it is 1) We should see the 108.15 level hold, 2) Price should go lower and find some support along the lower channel line. When I find a good place for entry I will update.

HydraFinance

We see a clear trend down, as can be represented by the purple trendline. After a clear break of this aforementioned price started to show a strong push upward, I feel strong that this rally shouldn't surpassed the previously established highs of 1.78 or 1.80 but the end net retracement of this move will remain unknown until the move has passed. Follow next post...

HydraFinance

I expect price to continue to move in the price range it has respected for the past 5 years. Very straightforward. I have no real directional trade to look for in this timeframe.

HydraFinance Updated 

This is a short term trade idea, I dont look to hold this position too long. As long as 1.122 holds we should se a move up until we hit at least 200 pips at 1.142 .

HydraFinance

On Friday we had a break and close above a downtrend that went on since the beginnings of April this year. Now this doesn't mean that price must now shoot off to the moon, this would be a much greater certainty once price manages to, if it ever does, do the same thing across the down trendline extending from late 2015. If anything, the level that should hold and...

HydraFinance

This is one of my favorite exotic pairs due to the technicality of the price movements it does, and I am a fan of Thailand overall. This moves has an immense potential to the upside. The downward trendline gives us a good hint at when this might develop. Follow up for further dissection of the movement.