AUDUSD H4 - Long SetupAUDUSD H4
Trying to find setups that are not quite really to execute. Still looking to let things settle after the crazy markets we saw on Thursday and Friday, really looking to see which zones are valid and which aren't
Effectively looking for markets to expire and exhaust before looking for the next possible continuation of reversal waves
Finance
Weekly Chart #HRR #ASX #ASX200 #Stocks #investing #trading Hi all,
I like HRR here.
Do your homework.
Major Markets Crash ... Or Have They?people are freaking out about yesterdays market moves, but if you take it to the higher timeframe, all we are seeing is the market have a minor correction or exhaustion after a massive move. we have seen some amazing moves the past couple of weeks in the currency markets with hardly any exhaustion so it makes sense that we are finally seeing one, this is a great opportunity to reposition ourselves for another potential major move with better risk reward, we will be looking for opportunities on market open Monday .. but for now we will monitor
GBPJPY H4 - NeutralGBPJPY H4
Still yet to set lower lows on the larger H4 timeframe, really nice corrections seen as mentioned previously on the EA post. On the fence with this pair at the moment, whilst we are nice a bullish still on the H4, the sheer bearish strength on the lower timeframe is interesting.
Really aggressive M5 trends which could continue to perform and really break lows and see further support breaks.
CAD/JPY Trade Yesterdays CAD/JPY trade is making its way to TP2 today, we placed a buy limit order on this pair at previous high and our take profit is just above our daily zone giving us a R/R of 1:2, fundamentals were CAD+2 / JPY-2.8 and today the CAD is a +3.3 and the JPY is a -9, we knew that the JPY has been weak for a while now so this trade makes sense both on a lower timeframe and higher timeframe basis
$YFI/BTC 2D (Binance Spot) Symmetrical triangle break and retestYearn.finance is accumulating for next big move upwards I believe, let's start filling a bag here!
Current Price= 0.74025
Buy Entry= 0.74040 - 0.68540
Take Profit= 1.12290 | 1.85740 | 2.65770
Stop Loss= 0.54840
Risk/Reward= 1:2.5 | 1:6.98 | 1:11.86
Expected Profit= +57.62% | +160.72% | +273.06%
Possible Loss= -23.02%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2880h
USD/JPY Long The USD is a -4.8 and the JPY is a -6.8 on our currency strength indicator so fundamental strength is to the upside, we have seen price action confirmation with a push breaking our previous area of sensitivity also previous high - we are now looking for buy pressure to come in and we will enter to the upside with price action and entry confirmation to our next area of sell pressure (yellow zone)
GBPNZD H4 - Long SetupGBPNZD H4
We covered this pair on the watchlist webinar yesterday evening with our coaching programme members. Nice support zone identified, marginally lower lows set, but remembers market open causes some interesting price moves which we need to take with a pinch of salt, so to speak.
plasma.finance ($PPAY)$PPAY ERC-20 token is used to settle transaction fees, governance, and liquidity provision incentives.
the current price of this promising project is 0.10 usd -- i'd say %1000-2000 gain is likely.
Mainframe (now Hifi Finance) pump Incoming 2/17/2021Hifi Finance ( new brand name for Mainframe ) will be making big announcements tomorrow. Their website has a countdown for what is rumored to be their lending protocol launch in less than 22 hours. As we get closer to countdown , price action will rise accordingly with speculation. Ideally we stay above the .618 fib retracement fan level during this bitcoin slump and continue pump towards 3 cents and beyond.
Check out countdown timer at their website
Hit the pump button.Reef is a fairly new defi coin by polkadot and is only starting to get mainstream attention.. I am very confident that this project will grow drastically this year... if i was you i wouldnt want to miss out especially at the current price it is at now.
REEF - An entire market correcting, Reef FUD, and the FutureReef has had a solid couple weeks, being down as low as .006, with a bull run hitting over .055. After the 900% run, Reef starts to correct, as well as the entire Alt Market - as Bitcoin surges to a new high. This seems pretty normal here.
FUD: A Reddit user has created a popular post today, titled 'Reef Finance Flags, be careful'. This user has over 8000 Karma, and many posts. The entire post seemed to be about a shift in the circulating supply of REEF, accusing the team of originally lying. They said they caught an address with another 0.5 Billion coins being added recently. He then tried to chat with their telegram support, which was limited to one question every 15 min. His opinion: Reef was a scam.
Future: I mysef went into Telegram, this Reddit post making Reef so popular that every second an admin was barraged by the same question. The first pinned post had the answer - the coins added recently are to pay for the parachain, which Reef must secure itself. Their Roadmap shows they will venture to Kusama first, not Polkadot, so avoid the speculation that 'they won't get a parachain'. This is not true. This rumor ended up proving to be false.
Reef Finance is a highly hyped project, with an impressive array of partnerships, and one of Polkadots Defi tokens. I believe in the middle term, this project will be successful, has already seen a lot of hype, and is not even fully ready to launch yet. Short term, we should see some consolidation. Overall: Bullish
Targets: .032 - .028 - Buy zone. The Fibonacci retrace has hit the 2nd level of support, but this does need to come down further to be a healthy growth cycle. This is not something abnormal.
GBPJPY H4 - Long Trade SetupGBPJPY H4
Quite a way from realising a support test, but nonetheless, something we definitely want to follow going forward, this pair, alongside GBPCHF has held really nicely and trading fluently between zones and setting new highs etc along the way.
Waiting patiently for that 145.000 whole number support to see a test, nice intersection price here, strong confluence zone.
BITCOIN | Keep an Eye On These Levels!Hi,
I would like to point out a few strongest areas between 44k to 50k. The price has been in this range for around a week. Some ups and downs, an attempt to break 50k, atm it held but in general, bullishness is in the market.
These movements have printed some price levels which are clearly visible, and as you know KISS (keep it simple stupid) works the best ;)
The biggest/entire consolidation range stays between 44 and 48k. Inside of the prementioned area, the price of Bitcoin has printed also quite a solid area and it stays around 46,7k (middle thin light-blue line).
So, my recommendations are: wait for a breakout from shown areas. Breakout gets confirmed after the 1H candle close, even better if the 1h and 4h candle makes a breakout simultaneously. Avoid any bigger wicks against the breakout direction and you should be ready to take a trade.
Bullish breakout: strong 1-hour candle close above 48,8k. Target ~$53k
Bearish breakout I: 1-hour candle close below 46,3k. Target 44k and possibly 40k
Do not forget to hit the like, if you found something interesting ;)
Regards,
Vaido
NZDCAD H4 - Long Trade SetupNZDCAD H4
Our 0.91450 region held as support, even factoring in the big downside market gaps. Soon recovered just like we did on the 31st January market open too.
Same trading zones to be followed this week with this trading pair. Clear support/resistance trading range from 0.91450 to 0.92250.
USDCHF H4 - Long SetupUSDCHF H4
Finally woken up after a couple of days on consolidation from support. Always going on about focussing on less pairs but focussing more on what you've got your eye on. This way you understand what has influenced the pair recently to date. Fingers crossed this is a sizeable move to follow.
EUCHF below 1.08, not sure how long this will last though, some other pairs really starting to look good.
American Express (AXP) ConsolidationI am not licensed or certified by any individual or institution to give financial or investment advice.
I think American Express could be in a possible roll/consolidation. I have my horizontal Resistance and Support drawn with the orange lines. Key takeaways are the S&P 500, Nasdaq, Dow (to which AXP belongs), and Russell 2000 are all at Uptrend Resistance; and AXP itself is at what I see as its own Resistance as well as forming a Double Top/M. These technical indicators lead me to believe AXP is ready to begin going down. If you are an options trader you may want to decide if it's worth getting into some bearish positions. If you deal strictly with shares this may be a good time to consolidate your cash and prepare it for buying a dip near Support, either to set up for a short term rolling trade strategy or to buy for mid to long term investing purposes.
Rolling patterns may present good opportunities for double dipping if you are an options trader. Puts going down and Calls going up. That's up to you. I don't currently own any positions in AXP.
Let me know what you think, or if you have any questions.
BITCOIN | Waiting For a Move/Confirmation!Hi,
The current scenarios that I'm waiting for are in front of you.
After my previous short-term trading idea , the price of BTC has started to slow down a bit but probably not for long. At the moment, we cannot do anything because the major resistance is just too close to make a buy from current prices and we don't have any confirmations to go short neither. So, we need to be patient, the hardest part of trading. It's fishing time - “There is time to go long, time to go short and time to go fishing.” — Jesse Lauriston Livermore ;)
For a bullish scenario, I will wait for a 4-hour candle close above the current all-time high and reacting after the retest of it. There might be also a good to buy it right after it has printed new ATH but it would be much riskier because it can easily leave us a wick and then we have a candle close back in the range, back below 41k and this baaaad.
For a bearish scenario , the price sitting just above two strong support areas, and there is also the trendline from the end of January which also can act as a support level. So, a candle close below the lower light-blue support area will be a bearish confirmation and react after the retest of it.
TradingView has made a topic "Who are your favorite follows" , name it on the comment section, and if they agree they give you FREE TV coins!
Regards, I'll keep you posted,
Vaido
TOP TEN DAILY OVERSOLD STOCKSMy trading is based on Technical Analysis ONLY - there is NO FUNDAMENTAL research done on ANY of the stocks I choose
Not much of a potential on this one...Quite boring for being oversold but still...if support holds in the $11 region this could see some nice spikes!
Trade at your own risk as this clearly is not financial advise
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