Bounceback
One way to play Gold... YAMANA (miner)With all of the market uncertainties (trade war, cutting rates), gold is profiting heavily.
We are seeing a very nice flag, with bounce-back at support.
Analysis in chart.
Rite Aid potential bounce backRAD has been profiting of Amazon using it's stores. Which is basically saving the company.
RAD is finding support again around $6.4, not getting to oversold levels! (RSI(10) < 30)
Be mindful that today's volume is below the average volume (which is a bearish sign on a pullback). Important to check today's price & volume at close.
Alaska Air Group, Inc. - Looks Juicy to take a Long Position.Looking over the one week chart we can see that a bottom might be in and indicators suggest that we're in for an uptrend. Furthermore, we seem to have a prime catalyst with earnings coming up - any stroke of good news and guidance could send this thing higher. Expect a peak if other airlines do well in the coming weeks also.
RSI: Shows oversold on the weekly
Momentum: Showing that its currently trending to the upside.
MACD: Shows that we might be looking at a cross in the coming weeks making for positive upside in the future.
Will keep this updated.
AUD/NZD: Swing-Setup! Kissback of trendline! Nice SELL-CHANCE!Hey tradomaniacs,
welcome to another free signal!
Important: The next candle should show us a bearish momnentum!
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Type: Swingtrade
Sell-Stop: 1,06086
Stop-Loss: 1,06388
Target 1: 1,05695
Target 2: 1,05254
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Looks like this could potentially bounce. we're at supportThis could create a pennant/wedge that points up or down. if it wedges up then we might lose this support. if it wedges down then maybe we have a chance since it would indicate that the levels below us are supporting nicely which would mean that there will be more momentum going up.
BTC-Plan: Swing-Setup! LETS SHORT THE KING!Hey tradomaniacs,
welcome to another free signal!
Important: Wait until we`ve bounced of 4.500 and violate the trend-Channel!
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Type: Swingtrade
Sell-Limit: 4.461
Stop-Loss: 4.777
Target 1: 4.000
Target 2: 3.735
Target 3: 3.221
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/USD - Perfect Chance to follow the trend!NICE R-R-R!#ChanceHey tradomaniacs,
quick another great chance to follow the current trend.
Type: Day - Swingtrade
Short: 1.52
Stop-Loss@ 1.5323
Target 1: 1.50
Target 2: 1.14585
Risk-Reward-Ratio: 5.39
Peace and good trades
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
State of Mind 3rd OctoberNew day on the cryptos market!
What is the feeling this morning?
The market has declined since the beginning of the session, as evidenced by the market capitalization, which then stood at $219 billion and now stands at $214 billion.
The Bitcoin is currently evolving just above its support at $6460 after breaking the previous one at $6550. From a technical point of view, the indicators are still rather negative at the 1h horizon except for the WaveTrends which has already crossed upwards.
From a Fibonacci point of view, we see that the 23.6% extension coincides with the next resistance at $6550. If the $6460 holds, BTC could then move on to its next resistance.
Nevertheless, be careful because technical analysis is not an exact science! So don't forget your stop-loss!
USDJPY 4H BREAKOUT or BOUNCEThis is a Big 3 Indicator trade
There is a resistance level at 112.00 and 112.15
Price will either breakout long of resistance levels or bounce back short.
Short trade will be taken on a 15m chart
Big 3 indicator back ground will stay green with the breakout
Big 3 indicator will turn red with the bounce back
Short Take Profit @ 111.11
SL above 112.15
EURCAD 4H MA SHORT TRADEPrice has entered the inner range space between the 50 sma and the 100 sma
price may raise back up to the 50 sma.
There it can continue long and retest high @ 1.5353
Or bounce back below the 50 sma and continue to the 100 sma
Short trade
Sell Stop at 1.5210
Sell Take Profit at 1.5175
I will place SL above 50 sma
I will cancel short trade if price goes above 50 sma
S&P 500: New support confirmed amid fragile global market While walking risk-wise on razor thin ice the "S&P 500" confirmed on Monday, July 2 that the low it made on Thursday, June 28 is the new support. Therefore the market is soon going to test where the price resistance above is. I think this price area might be between 2755-2760 (or higher). I wanted to share this idea before today's open, but ran out of time. At least there is now far more evidence after the strong upmove on July 2 that the market really wants to go higher.
Hopefully there will be a last pullback before the long target gets reached. Due to the fact that the bounce train has started to leave the station - in order to get filled - I recommend the long entry far above Monday's low (which was at 2698.95).
Long entry: 2712.5
Long target: 2755.0
Stop loss: 2696.5
Risk/Reward Ratio: 2.66
Dow Jones: Short-term bounce higher now possibleThe price could have found a low to bounce higher from. In my original chart linked below in related ideas, I said "support could be somewhere between 24550 - 24650 this week."
Yesterday the Dow Jones fell right down into this price area. Yesterday's low on June 19 was 24568 only 18 points above the lowest low I had foreseen (24550). Yesterday's close was 24700, just 50 points above the minimum low I had foreseen (24650).
Therefore it is highly likely that the Dow Jones is going higher in the next days.
USDCAD - Significant breakout!It looks like the price has managed to breakout the ascending triangle over the last couple of trading days. This is a significant move outside the triangle and shows that the resistance level has been broken, as predicted in an earlier post, either the price would breakout and keep rising or the price would make its way back and bounce (the RSI is supporting the price to retrace as it is showing a very high value, almost overbought). The price has now started to look like it is starting to lose some momentum and the price is very likely at this point to move back to the broken resistance level, which should now be acting as a support, and hopefully bounce off it. If this happen this is a great opportunity for an entry into the market as if the price bounces off the new support level around 1.3064we could see a huge surge in price and gain of momentum. Sorry once again about the lack of ideas published I have been very busy around other commitments. Follow and like for more analysis like this.
ETHUSD Bouncing back Up?1D Techinical Analysis shows almost 9 days in a row on the green side. Normally after that it came a retracement period (seems it was yesterday). Maybe not enough retracement after 9 days going up (we will see)?
Our trade intends to catch the bounce back up to continue the lately Uptrend after yesterday retracement. Our Entry point would be 535 with a very Tight stop loss (Before traders we must be risk managers :))
If we don't reach our entry point, then no trade.
Trade management and execution:
I would take 1/4 of my position at each Take profit point.
If after reaching T2, price come back to entry point, I would close the remaining position at the entry point.
MT Alberto