NVDA approaching weekly demand zone Though we are navigating in a bear market, I'm expecting buyers to enter the market at this zone. Not a complete change in trend, but at least an intraday opportunity based on simple price action.
Bullishsetup
CAD/CHF: Pending in the bought possible!!!Canadian Dollar/Swiss Franc forming a bullish market structure that the price could to climb up and we see an interesting long position to watch now
Analyzing the H4 timeframe, I mark the key point of the Elliot Wave Cycle that you can to read in the link that I post in the section to related ideas.
But analyzing more deep, the price it's in the 0.382% Fibonacci and we expect any bullish signal in the price action in H1 timeframe.
The H4 it's my fast driven to look, but I put my conservative target in H1 timeframe.
I will udpate this par when I identify a bought signal
USD/CAD: Bought by fundamental news in USDThe U.S. Dollar start with good news vs. the fears in the global economic slowdown in the global financial market. Meanwhile, I see a good opportunity to long this position U.S. Dollar/Canadian Dollar in H1 timeframe. For that, I put a buy order limit to $1.2880 CAD with Stop Loss to $1.2816 CAD (64 pips) and target to $1.3054 CAD (174 pips)
Meanwhile to recall, on Wednesday, we have a important economical news about interest rates where the FED it's being intensify the global monetary policy tightening inflation data, and where FED suggested more aggressive monetary policy. But economist expect that FED move and increase the interest rates for 0.75%.
So guys, i hope that this economic news become bullish and optimistic at favor of the bullish trend sentiment
I hope that this idea support you!!!
Good luck!!!
CAD/CHF: Elliot Wave Analysis ProjectionCanadian Dollar/Swiss Franc forming an Elliot Wave Cycle that could to continue up to find the Elliot Wave #5 in this timeframe. But analyzing more deep, the yellow number reflect the Daily timeframe what I draw more better here in my own analysis here:
We're forming the phase #5 of this Elliot Wave Cycle. And look in H4, we see that we're in the good point that we can to bought in the drop of this phase #4 of this Elliot Wave Cycle in H4 timeframe, and now, we're in the interesting point that we could to find up long position following this model and example
Everyday i work better in my analysis and I earn experience to make professional analysis with nice design and template, more understood, classic and modern
I hope that this idea support you.
In some minutes, I will post my 2nd analysis of CAD/CHF to know if we're in the good point to bought!!!
EUR/CHF: Triple Bottom bullish patternEuro/Swiss Franc formed a triple bottom pattern in H4 timeframe, but there're not any entries yet as I hope a possible pull back to $1.0340 CHF or in the gray zone. We could to open a long position when we see a bullish price action in the gray zone to entry to long.
Keep this trade in your radar in the next movement!!!
EUR/USD: 0.382% Fibonacci entry priceEuro/U.S. Dollar continue in this bullish trend in H2 timeframe and I see that the price make a lower high in this uptrend formed in H4 timeframe what we could to find up long position in this trade and find up between 80-90 pips as target
We could to open this trade tomorrow at 5:00 p.m. U.S. Eastern Time, but put a buy order place at $1.0721 USD and SL to $1.0689 USD (31 pips) and target between $1.0808 USD-$1.0818 USD (80-90 pips) in take profit
I hope that this analysis support you, I will udpate this par when open tomorrow at 5:00 p.m. U.S. Eastern Time
US30 LONGOANDA:US30USD
A cup and handle pattern forming on US30 breaking resistance for a bullish setup on US30.
$UVV Beautiful setup IMOHighly recommend reading Stan Weinstein's book - Secrets for profiting in Bull and Bear Markets
Whole entire book is worth it's weight in gold.
He argues one of the best if not the best reversal pattern is the inverse head and shoulders. In my opinion UVV is setup beautifully and has just broken out of the "neckline".
Further, stock is healthy - price trading above weekly 30 and 10MA
Really love this setup, even if I'm wrong (highly likely), I'm going into this trade idea happy to have just found this setup.
Options are not very liquid, the only downside to this idea. Probably should have done shares, I didn't get a great fill but I'm swinging this a month out (at least) so if my thesis is correct , it won't matter.
TA implies the measure move is from bottom of "head" to neckline, or $22 , therefore target would be $83 with this set up in coming months - year
Also volume buy spikes indicates long base of accumulation by institutions.
Note - as with ALL breakouts, watch for a retest bounce, any pullback is a chance to add for this idea IMO, a break below the 10wk MA mitigate risk, break below 30wk MA invalidates trade.
Will be happy if I'm right and happy if I'm wrong - setup is beautiful
Cheers
USD/CAD: break-out of this structure; updateU.S. Dollar/Canadian Dollar still bullish, I don't going to closed up any position to long only in this par. But right now, we see a break out of this bullish rising wedge in H4 timeframe with a strong bullish candlestick pattern what I entry around $1.2792 CAD.
This it's my yersterday analysis of this trade as we see that we formed like a inverse bullish rising wedge in H1 timeframe and the bullish envolving pattern that I saw it.
At least, I keep this position until $1.2966 CAD. This it's a great opportunity in Forex market to find pips in this week
Good luck!!!
U.S. WTI Oil: bullish trend to $128 USDThe Oil continue pumping in H4 timeframe. As I have a trade from $109.94 USD to long position in H4 timeframe. I believe that in short term, Oil will reach $128 USD/barrel.
I keep long in this commodity, my SL still around $107 USD. But I'm bullish in Oil.
Meanwhile, I have some bad news about that Europe wan't to ban Russian Oil and U.S. add more sanction the Venezuelan Oil. For that, I suggested to stay alert if we see any rejection in the price, because another possibility it's a short position if the price lead by fundamental analysis, but at the moment, there're not any bearish signal, for that, I'm bullish in this commodity by the demand. But in case of short, the Oil nee to break down this trend line that I mark in H4, you can better here in H1 timeframe.
But as I'm bullish, I will keep this posiiton toward $128 USD. And my another long position toward $145 USD. What we could to have a good trade to found out.
I hope that this analysis support you. I will share yo my two previsouly analysis of Oil and also, of this update trade you can to click on where mean long to $116 USD. That this it's my new update here!!!
Good luck!!!
U.S. WTI OIL bullish setupIn 3 Daily timeframe, Oil it's look bullish and I add another long position to make a swing trading in this commodity.
The trade info it's in this display as I show you. I see that Oil could to reach $145 USD/barrel in my perspective and we could to find up good benefit in this trade.
Meanwhile, in weekly timeframe, we see that Oil it's look bullish in this side and it's leading in my own opinion toward $145 USD. I share this fibonacci analyze and I see that the price hold in the 0.382% Fibonacci support and we have 3 targets to note in this Fibonacci extension. But I consider that $145 USD it's a good point what Oil could to hit.
I hope that this analysis support you!!!
I'm in long swing trade in Oil
But more later, i will update my day trade to show my perspective, but I suggested that if you trade by Day Trading, change your target to $126 USD. because we see a bull run in this commodity.
EUR/CAD: bullish perspectiveEuro/Canadian Dollar it's look bullish in this side. But this it's a good position to take note right now.
So, I will open up a buy order limit exactly in the price of $1.3592 CAD and SL to $1.3544 CAD (48 pips) and my own target to $1.3710 CAD (118 pips)
The H4 it's bullish
Now, the H1 timeframe, I hope that the price make a activate the key buy order limit below of the market price becuase there're some order to being activate in this trade. Also, I have another point to monitoring the price of $1.3689 CAD to watch this possible key manipulation in that price.
I hope that this idea support you
EUR/CAD: Bullish perspectiveEuro/Canadian Dollar show us a momentum of possible change of trend in this Forex par. So, in the RSI we see a lower high in the divergence developing and we could to have a good perspective to see long.
I hope that this idea support you1!!
CAD/CHF: UpdateCanadian Dollar/Swiss Franc continue to the upside as I saw and predicted it. Now, I put my break even in my entry price around $0.7502 CHF. Also, we're in profit with over 45 pips and my target it's around $0.7615 CHF
Also as we're in the upside, we would need to stay alert because we could to forming a harmonic pattern. In H4 timeframe
Elliott Wave Intraday Analysis: GME Is Looking HigherHello traders and investors!
Today we will talk about short-term intraday GME structure in which we see pretty nice and clean bullish setup formation, at least for a three-wave (A)-(B)-(C) rally away from the lows.
As you can see GME made sharp and impulsive rally in March that belongs to first leg (A). In Elliott wave theory, after every five waves, we can expect a three-wave pullback before a trend continuation. So, currently we are tracking an A-B-C corrective setback within wave (B) that can be slowly approaching the end, as we see it moving in final stages of wave C of (B). Ideal support in Elliott wave theory is at the former wave 4 and golden 61,8% Fibonacci retracement which comes around 125 level, so final subwave "v" of C can be still missing.
What we want to say is that we should be ready for more gains within wave (C), but ideally once current wave (B) correction fully unfolds. Of course, there's a chance for bigger or more complex wave (B) correction, but the count remains valid as long as it's above 77 invalidation level.
Trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
GBP/CAD: Shoulde Head Shoulder InvertedGreat Britain Pound/Canadian Dollar formed a Shoulder Head Shoulder Inverted in H4 timeframe and right now, break out the neckline and this par it's making a possible pull back of confirmation and we need to hope a good bounce toward $1.6636 GBP as I show you in that exaclty target measure the base of this Head.
But I suggest to wait a little more in H4 as there're not entry to long, but this trade has perspective that we can to long GBP/CAD
And also, in Daily timeframe it's appear that we're make a bullish reversal from that zone that I watch you
I will keep this par to update more!!!
Pure technical analysis quick and simple 📈Looks like we can open the bullish case.
Triangle formation has broken to the upper side
Re-Test of the triangle on the upside on Friday
Price above still above the 50 SMA
Short-term MAs are bullish aligned (17 EMA > 30 SMA > 50 SMA)
Could be a nice long setup. Valid on the daily and weekly timeframe. If the price drifts further down, I would see this setup invalidated.
Dow Jones Index | End Of The Bearish Scenario? You are looking at the 4H chart of Dow Jones Index ( US30 ). As you see, the price experienced a bearish daily channel for almost a month.
But finally, the breakout had done and the retest action happened with the last 4H candle of the last week.
Supposedly, we will see a possible bullish scenario in the next week. The price may rise till the next resistance levels around ( 35000 ) and the other higher one around ( 35400 ).
The Entry Point will be perfect at this level after the price confirm the bullish in the next 4H candle.
Don't Forget: "The Market Is Always Right"
So nobody can predict the market, good traders only react to it!
USD/CAD: Bought by fundamental newsU.S. Dollar/Canadian Dollar show us a good buy right now to take in note. You can to buy now at the market price and your SL will be $1.2601 CAD (35 pips) and target to $1.2737 CAD (101 pips).
But in H4 timeframe we see that U.S. Dollar it's bullish in front of Canadian Dollar and USD could to lead to $1.2737 USD in my specific target to watch. So guys, the trend it's lead by H4 timeframe firstly and we see it like good opportunity. But in based the fundamental news, U.S. Dollar still up about the U.S. Treasury Yields and get benefit from Federal Reserve in the interest rate in 25 points basic in the previously month MARCH and has set to continue hiking in their progress in Forex market. That it's whole information that I have in my hand for you.
Good luck!!!
EUR/CAD: Bullish Hide DivergenceEuro/Canadian Dollar show now a good opportunity to put in long position in this par as we see clearly in the price action that this will could to see any liquidation of shorts, but you can to entry in the favor of this manipulation zone. Also, for reference, this diagonal downline it's showing like a retest and this could be another confluence that there're an important support that we can't to miss. The support it's around $1.3697 CAD, or for reference in this grey zone that I draw here. And also, we forming this bearish channel and the price it's inside it.
And also, by Daily timeframe we forming another divergence forming a lower high in the RSI and price action forming a lower low. But that it's remain a possible signal that Euro will going to strengthen in front of Canadian Dollar.
So guys, I remain that we forming a bullish divergence in H4 timeframe and we see a good opportunity to long EURCAD
I put a long around $1.3669 CAD and SL to $1.3607 CAD and target to $1.3838 CAD. Also, for reference, you can to go in H2 timeframe as we see a good perspective to buy
ADA/USD: Fibonacci entry 0.382%In the morning in my Ethereum trade, I send a message in the commentbox that I want to add a long position in Cardano.
So, I want to show you what happen in this technical analysis.
As I share my weekly and monthly analsyis, it's considered a bullish momentum. Right now, in H4 Cardano make support above of the 0.382% of Fibonacci level without using resistance or support.
Also, I want to share my Daily analysis here as I have some information in that. As we forming a bullish rising wedge. This it's a bullish pattern, but now, I want to still pending in the EMA 200 to know what will be the reaction. If Cardano break up the EMA 200 around of $1.26 USD. This it's a clear signal that bull return to the trend. In otherwise, if doesn't break up the EMA 200. This could to work like resistance.
So guys, from H4 timeframe it's bullish. I'm bullish in Cardano. Now, As I entry in the early around $1.126 USD. And I put my SL to $1.05 USD and also, I PUT my target to $1.26 USD So guys, this trade has a risk/benefit 1:2.
Good luck!!!!
ETH/USD: Bullish trend continuationI identify that Ethereum break up the santa EMAS and their price it's above of it. So, Ethereum it's bullish from H4 timeframe. You can to put a buy order limit to $3,072 USD and your SL to $2,950 USD. And you target you can put your target to $3,350 USD. If you make that, you can to get a risk/benefit 1:2. And that it's a good proportion to trade Ethereum very well.
Meanwhile, in Daily timeframe we formed a symmetric triangle of accumulation pattern. So, Ethereum it's look bullish from hourly timeframe.
So guys, I will trade cryptocurrencies from H4, H8, Daily and weekly timeframe as I like to trade like Day trader and swing trader. And also, in the future, I thinking to combine cryptocurrencies with stock market. Applying the same concept, cryptocurrencies and stock market are similar market.
ETH/USD: Bull rally 2022Etheeum forming this accumulation zone in the past days and this was a good news because we break up this price action to the bull reversal. We're leading to the next bull rally.
So guys, from that previoulsy candlestick, we forming htis bullish signal that Ethereum it's ready to take over to hit their historical price maximum almost $4,900 USD. And we're ready to use it to apply now!!!
Invest widely in cryptocurrencies. If you like trading in cryptocurrencies. I suggest to prove day trader and swing trader in cryptocurrencies to hold posiiton toward long term. They're good strategy to find up profitable in the time.
