Firstidea
Potential Sell on USDCAD 8HThe USD has been on a bullish run with no seeming intent to stop. However there is a potential head and shoulders setup that is more easily seen on the 8H timeframe that may indicate a possible selloff to recover some imbalance. The TDI also shows a potential turning to the downside as it is over the 60 level. The current pullback will give a better entry with stops above the right shoulder at 1.3022
Looking for downside :)IMO the most likely path is the one highlighted in red. But something I've noticed is that there has been a lot of impulsive buying recently which has led to those big green candles.
I personally dont have any position in this rn, so i want it to go down because I wanna go long on this.
Although there is plenty of impulsive buying (and the market seems to be in a bear market rally) I think its best to watch it closely and be skeptical because honestly too many people talking about the bear market rally and I think these guys are gonna trap us bulls.
Yeah but if this ends up closing above 200 (204-206) area then it should rally to 230 range. But im thinking itll reject 200
Also this is my first chart so lmk what u think, anything missing? Anything should be moved around? Just let me know lol thanks.
REEF will go to 0.0288$ | my first IdeaThis is my first Idea, so is not financial advise!!! I'm amateur.
I think REEF will go to 0.0288$.
My first ever published idea. Ready to get roasted!
Im playing a lot with the fibonacci sequence and the golden ratio (aprx: 1,618). I just try to do an educated guess at where the market is heading, like most of us. I am an amateur trader and I like learning about finance and crypto BITSTAMP:BTCUSD . But perhaps if I post I can stand accountable for my predictions whilst also have a chance to interact with the community!
BCRX short, mid and long term one chartPretty straight forward here, since its inception has followed this same pattern. No position yet, waiting for a clear failure of the top red channel for short term short position. Break here and verify support will take swing position with a 20-25 target.
If fail in red channel, short target is $8, but wouldn't doubt revisiting 3's again in the event of market dump.
CHOLAFIN Long trade for Swing.The price has been moving in an Upward Channel and is around the Lower Trend line of the channel and there is also a Demand Supply zone around it. So there is a Confluence of both. A Confluence of 2 or more lines indicates a zone to watch out for some price action either side.
But watching the buyers buying on dips and being active on the lower trendline and RSI is also around 51
showing strength in the stock to move higher. Hence my view says to buy around CMP with a target of almost 8-10%.
TESLA BACK TO THE 700$ AREA?tells stock is touching the major trend line together with a double top formation. I personally think based on this analysis that Tesla could go back to the 680$-700$ range.
I am still a rookie in this game so don't take this as financial advise. This is my first idea that I share so I would love to get some tips.
kindest regards, Niek :)
Pundi X wants some stage light!Forecast based on previous fib retracements, can we see .008 to 0.01??
This is my first public idea, bull w/ me here!
I'm new to this thing, all feedback is welcome!
CBX CHART ANALYSISPrice has broken my 12p resistance and retested to form a new support level. My next level of resistance is at 13.5p Price looks to be moving upwards in an ascending channel and has finally broke the 200EMA. Price may consolidate between SR levels now but if it breaks the 13.5p resistance we can expect the price to continue moving upwards and possibly retesting the 13.5p level to form support.
ETH to $1025 at leastETH looks like its forming a Head and Shoulders pattern with the left shoulder and head mostly completed. I am expecting the right shoulder to complete its formation around the 0.5 mark ($1025) which just happens to be where the moving average also lies and has acted as support in the past.
This setup is freakishly similar to that of the bull run in 2017/2018 where the right shoulder also completed its formation at the 0.5 level ($733-ish) and touched the moving average.
This is my first idea! Please leave some constructive criticism :)
Long Position of EUR/USD on 03/04.Feb 2021 I think EUR/USD will bounce back from1.201 to ca. 1.205-1.21
UPS a bit more patience
What we can see on this $UPS chart Divergence , RSI D1 over 81, Week ~79. One minus is what i see here alot of riangles wich confusing me...
I think everybody holding this stock until Dividend's day (ups and its friday) then weekend and after that sell off.
Everyone is now jumping on a $UPS rocket that is scheduled to fall .
Thanks for reading thats my opinion.
If you not greed or think same push Like button )
Buy XAUUSDTop-down analysis from the Daily --> 4H --> 1H charts. Obvious its been on a bull run, but this is a good entry imo. Looking at the 1H chart you can notice:
1. Price Action
2. Trend Line
3. Support Zone
4. Oversold
5. EMA
My first publish :)
EURJPY Short term LongThere's potential of a trend turnaround due to an inverse head and shoulders pattern forming along with finding support on the dynamic 618 fib level and the 50 EMA.
Price has now broken above the 200 EMA and is currently at an area of resistance. This could create a retracement back to the 618 fib level (white line) and continue in a bullish momentum. Failing support at 116.50 level then this idea becomes void.
COT data shows JPY is neutral and has nearly 50/50 split but EUR still has a short bias which is why I think this would be short term and client sentiment is currently 54% short.
This is my first public idea so go easy on me :) and I welcome constructive feedback.
Go Long for DE30 🇩🇪Huge falls all day, looks like a real good potential for some slight growth, going long temporarily could bring in decent profit
long position on GBP/USDSeeing that GU has already broken through the old monthly support, and made its way down to weekly support. which it broke and tested off of its clear to see that it will make its way down to the new monthly support.
ADABTC Shortterm AnalysisThis is the first idea i'm publishing.
I'm glad to tell me about my mistakes.
Hope you enjoy it.
Good luck.
EurNzd IdeaRecently EurNzd has broken through a strong trendline on the the higher timeframes, I am looking to short after a small correction.
Never done this before. But here my view on Bitcoin.Here my view on bitcoin. Golden cross will be the trigger to possible 11500/12000.
EURNZD Short I think it's correcting for the 5th wave down. Can grab more than 200 pips if we make the right entry.
