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Bounce

GBPUSD - Trading the Up-Movement - Trendline BounceHi Traders! The market is in an Uptrend. As you can see the market is at a Daily Resistance. That is the barrier it has to BREAK to reach the next Level. This idea is a combination of a "Bounce and Breakout". These Structure Levels are supporting the idea: The (pink) Trendline which is giving Support and giving pressure to the price. The 50 Exponential Moving Average which is highly respected by Traders and Trading Robots. The SL is under the Trendline. The Target is below the next Key Level, where a possible Change could come. We recommend to close the Trade when the Price don't break out of the Resistance. Thanks and successful Trading :)!
Long
by swissmoneymakers
GBPUSD: Entering a key decision zone!Good Evening! GPB/USD is entering a key zone as you can see from the chart it is in an upward channel, approaching the bottom and currently in a ket S/R zone. I caught 156 pips on the move down and will be waiting to watch the price action before confirming whether this will be a long or short entry! RSI is showing it is oversold so could line up well for potential long. Im expecting price to potentially retreat back to the trendline before coming to the bottom of the channel, I will wait for either the bounce of the bottom of the channel to take a long position or the break and retest of the channel before entering my position. BUY: If this does become a buy trade I will most likely be expecting price to rocket up to around 1.28 before exiting the trade. SELL: If this becomes a sell trade I will likely look to exit around 1.207 Let me know what you think and if any of you guys caught some pips on the way down! Thanks.
by Simple_FX_
5
USD/JPY - SELL OFF On Trendline ResistanceHello Traders!, We have hit our mid-week analysis for this trading, USD is still showing us signs of further weakness, possibly for further weeks to come. What Is The Market Telling Us? We've been in a healthy downtrend for 3 weeks now, market is showing no signs of a reversal as our trend resistance is being respected Trendline resistance is being respected for the 4th time, we have bearish confluence with a strong bearish pinbar reacting to our resistance Overall trend s bearish, lets take full advantage of this current USD weakness in the market right now! When Should We Enter? Since we've just had a bearish pinbar candlestick pattern appear exactly on our trend resistance, SELLING now would be recommended If we are being more conservative and want to wait for more ocnfirmation, sell once there is a bearish closure below our trend resistance
Short
by AI_Expert_Advisor
LONG - LOOM - Trading OpportunityAfter all is said and done, BTC seems to be calming down, and now this is the opportunity to pick up some cheap alts. Bullish Divergence along with MA200 support on BINANCE:LOOMBTC , hoping for a close above for some confirmation before going in. Entry: 0.00000216 Target 1: 0.00000249 Target 2: 0.00000268 SL: 0.00000205 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
LLong
by ElMomento
1
NZDUSD- Long Opportunity on the bounce of the Trend line!-Very good buy setup on the bounce of the ascending trend line. -Looking for price to potentially hit TP levels of: 0.65018, 0.65688 and 0.66209. -A confluence which suggests that price has a higher probability to move to the upside is that the supply zone is in line with 23.6% fib level. This means that price could react around the 23.6% zone well which gives me confidence that bulls will take control of this pair. -Another confluence is the 50EMA is below price which shows that this pair is in a bullish trend and should look for long opportunities only. -Looking for a breakout the supply zone and retrace back to the zone to enter a long position. -Wait for a strong bullish confirmation to enter a buy on this pair. Let's see what happens during the week! Make sure to follow, like and comment your ideas/opinions on this pair.
Long
by LDForex_
GBP/USD - SHORT-TERM BOUNCE | RSI DIVERGENCE / 61.8 FIBONACCIGBP/USD is bearish and will continue to be so until factors indicate otherwise. I see a short-term bounce which serve as a correction as the overall trend is negative. 2H Bearish RSI Divergence 61.8 Fibonacci Level reached Strong historic, proven support level CONSIDERATION: As linked below or via my ideas, GBP/USD may act in a way which will fulfil a head & shoulders pattern. This may weaken the short-term bounce or perhaps even negate it. VERDICT: Still net bearish with an expected short-term bounce. Magnitude of said bounce to be in accordance with either the fibonacci retracement level, near proximity overhead resistance or full fulfilment of the head & shoulders formation may indicate no bounce at all. DISCLAIMER: Take this trade with caution and don't be greedy with the target due to the nature of GBP/USD during this time. Otherwise await the bounce and short the trend when reasonable.
Short
by JayanVarsani
EUR/USD - Drop Off Or Rally?Hello Traders!, We have some mid-week analysis with EUR/USD pair, bullish powers has seemed to be put to a stop after reaching the 1.4000 level. Although this could be temporary or a bearish reversal could occur. Lets see how this pari could possibly work out by the end of the week. What Is The Market Telling Us? There is exhaustion of bullish sentiment Daily timeframe after price reached 1.4000 level, indicating possibly sell off Price has bounce off key level 1.2300 for the 4th time, after a small fakeout, also giving us signs of bullish momentum on the smaller timeframe We will wait to see how price will When Should We Enter? If we are looking to go LONG, we will look for BUYS once price has reach 1.2600 If we are looking to go SHORT, we will ook for SELLS upon a clear break & pullback on our key level
by AI_Expert_Advisor
4
Into the latticeI feel as though we have lost confidence in the 230's, which is a shame as it would have been super bullish to hold that valuation. alas, we must move forward despite the direction. Let's say we fall for a bit, what shall occur. Well as you can see, we have a strong lattice of long term post covid support meeting with previous descending resistance lines, each of which requiring confirmation (assuming we dont blow right through them in which case feck your confirmation) Considering the fact that for 2 dumps in a row (June 2nd and June 11th) we transcended the 230's, albeit very shortly, I am going to assume we wont spend much time within the 220's given how crypto usually performs. If we break 230's again, I would just write the 220's off and start your accumulation in the 210's. Set some low limits, maybe some "get-me-lucky's" that only get filled during huge dumps, because as we have seen before in crypto, momentum downwards sometimes just meas more momentum upwards. Now, if we hit the 200's that is when we will have to take further analysis. In my chart, I mention it not necessarily being bearish. This is true because of a couple factors, both psychological and fundamental. 200 is a lovely round number, and the human psyche gets drawn to it like a moth to a flame. It will be valued, and any time spent below it (within reason) will likely be nano-term. What will matter more at that point is how we bounce, because let me tell you: Any retrace to the 200 level will be eaten up quicker than you can say "stop loss". If you are shorting, I would set a trigger no higher than 235.45, however I am always hesitant with setting stops too early before I get a grasp on the strength. Sometimes we just float downwards lazily and the short wouldnt even be worth the stress. But I dont think we will trade 240's (in a healthy way) again until we have re-confirmed that <230 is off limits, which it may very well not be. Cheers lads
COINBASE:ETHUSD
by BingoMoney
1
O Pulo do Gato MortoMotivos para aceditar que estamos apenas vendo um "pulo do gato morto": 1) Atingimos a retração de 0,618 de toda a queda; 2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão; 3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido no alvo. Todos os itens listados são baseados em Analise Técnica. Falando de uma maneira fundamentalista, o que vemos foi uma subida baseada na injeção de trilhões de dolares de todos os bancos centrais criando um descolamento muito grande da realidade. As empresas estão com números cada vez piores devido a crise do Covid. Uma hora o mercado vai abrir o olho para essa realidade....
BMFBOVESPA:IBOVShort
by ThiagoFrank
6
#BankNifty - Triangle broke out Triangle is breaking out on the upside, waiting on Retest to enter a long position, there are always so many gaps on traditional markets hence I prefer to use Line chart instead of candlesticks for swing trading setups will post a R:r setup in timeline once we CLOSE above the yellow trendline weekly MACD is also printing bullish signal about to cross also there is a double Bottom formed on the weekly time frame I have posted some Bank charts as well they are all forming same patterns & looking for a Relief rally. I still consider this bounces as dead cat bounce mainly because Vaccine for Covid-19 is not available for the masses, as long as not every human has been vaccinated the fear of WAVE 2 hitting us will be there, we are also opening up our country which is understandable as second option is much worse for the economy - Depression!! we have to face the fact & start to live with this virus, there are only 2 emotions that really matters FEAR & GREED, I won't suggest you to be TOO GREEDY with this bounce, keep taking profits at every resistance There are stocks charts already updated in my profile make sure to check them out :) do let me know your thoughts on current market situation & the pandemic we are facing in the comments
NSE:BANKNIFTYLong
by TradingV2
5
LONG - CELR - Trading OpportunityWith BTC's sudden fall it is now the perfect time for some alts to strike back with a strong rebound of previous supports. BINANCE:CELRBTC looking pretty strong right here bouncing from a golden cross on the 12h chart, the volume that's been coming in the past few weeks is pretty insane as well. This is a play that will take some time to play out so patience is key. Entry: 0.00000029 Target 1: 0.00000037 Target 2: 0.00000043 SL: 0.00000026 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Long
by ElMomento
Theta Fuel/USD- Re-entry or more downside?Congrats to those that took a position yesterday looking for the bounce off support. Personally I didn't find exact bottom but it's always difficult to get it spot on. - (*money's made in the middle*) Still enjoyed 30% gains from entry price to suggested "protect profits msg" (Those that found exact bottom would have seen 40%) Now tracing back towards support level. Possible it will continue to trade sideways but a dip towards previous support (or below) also on the table. Keep an eye on it for another possible entry setup. Hope everyone finds some prosperous trades this weekend. Bingaz. P.s - (A reminder that these setup's are not financial advice. Simply my own TA and thoughts. Trade within your means and do your own analysis prior to taking a position)
BINANCE:TFUELUSD
by Bingaz