EURGBP COULD BE A GOOD LITTLE SELL👉EURGBP @ 0.8564~ SELL
📍 SL - 0.8644
💰 TP1 - 0.8544
💰 TP2 - 0.8504
💰 TP3 - 0.8404
Hey! Everyone 👋
Currently in a 4hour squeeze at the moment, EUR is being sold off against GBP, we also have a 15 minute triangle pattern that is broken and in favour for the bears to step in. 1 Hour bounce off 200 moving average + the overall market direction being bearish is enough to consider a sell to the previous bottom ,if broken it will drop much lower. ✅📈
IDEA
Analysis of BANKNIFTY index on Daily chart (1D)Looks beautiful on the daily chart... I'm happy to see the breakout candle of the H&S pattern trendline (pink line)... Now, we can see the higher resistance shifted to 45300 / 45900 and support is shifted to 44500 / 44100
It's just a view of what I observed on the chart. I'm sharing my observation on this platform purely for education purposes and It's not a trading idea. I'm not a SEBI registered technical analyst, so consult your financial advisor before trade and trade based on your own knowledge and risk management...
Trade suggestion on EURGBPHey guys, my name is Reza, thanks to follow my idea.
Description:
we can find Bearish Order Block on 15m. Also, this chart has 2 other OB (Bullish OB) that shown with Green Zone.
I see RSI14 Bearish Divergence on chart.
To find TP levels, I used Fib Ret.
Drow VP on last movement. High potential level is 0.85361 (close 0.85364, 23.6% Fib Ret.)
Suggestion:
(Strong) My idea (1) Sell-Limit at 0.85709-0.85758 with SL: 0.85771 (can be more)
TP Levels:
0.85654 (more than 95%)
0.85566
0.85504 (High potential)
0.85441 (High potential)
0.85364
My idea (2) Buy-Limit at 0.85469-0.85397 with SL: 0.85384 (can be more)
TP Levels = Fib Levels and price nodes.
(Strong) My idea (3) Buy-Limit at 0.85323-0.85281 with SL: 0.85263 (can be more)
TP Levels = Fib Levels and price nodes.
Note: This currency pair have medium important news*
$BZUN is preparing for the jumpNASDAQ:BZUN touch the bottom and preparing for the short-term jump to the top line of the descending channel. It can take us more or lest than 50% in a month.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
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$WB - idea for a long-term investors
NASDAQ:WB drawing a double bottom figure.
Looks like and this is my prediction, that it will start 2-years growing tour from 18 to 89.
Potential is very high, but looking at the turning trend for the most of Chineese huge companies, I assume, Weibo Corp will hold this trend and stay closest to it.
NASDAQ:WB ::17.75->51::+187%::1year (Mar-Apr 2024)
NASDAQ:WB ::17.75->89::+400%::2years (mid of 2025)
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
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$MRKV - it's time for a short short )It's needed for the shares of MOEX:MRKV to have a small correction from 0.065 to 0.049 before it will start a new ascending flow.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
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Atom Analysis Run#CryptoWhale100Billion Alt Coin Analysis: Atom
My analysis shows that Atom may experience a bullish trend in the medium term. The current price is hovering around the support level of $7, and if it manages to hold this level, we can expect the price to rise to the next resistance level at $8 and potentially break out.
The RSI indicator is currently in the oversold region, indicating that Atom is [undervalued and may experience a bullish reversal soon. Additionally, the MACD indicator is showing signs of a bullish crossover, indicating that the momentum is shifting upward.
Strategy for Atom would be to buy at the current price or lower, hold on to the position, and consider adding more if the price breaks through the resistance level. If the price drops below the support level $7, it may be wise to consider buying or setting stop-loss orders.
Shoot me a message with your Technical Analysis to see your thoughts and trading strategies.
#CryptoWhale100Billion
Press The Thumbs Up and shoot me a message below with your ideas on where Alt may go next.
Thank you for the support!
Below are some previous chart links I've written in the past for reference:
Key day tomorrowPrice reacted to the H4 demand but sellers came into play again very strong from the M15 level of the previous post. The expectation was for a reaction but not for a reversal and another break of structure. The only reason for price to do this, is to grab more liquidity and react to the bottom of the 1D/H4 demand, where the M15 level is. That's exactly what I'm expecting to see tomorrow.
If not, there's always the possibility that price will break the H4 swing structure and continue down. This would be an important reversal and a show of strength from the USD. If that happens, next week shorts will be in play but for now I don't have enough evidence.
$SMTC - choice for a patient investors )NASDAQ:SMTC will show a good results within 6 years (+200%). Stable, sustainable company with a helpful business.
It will give much more in 15 years if you are ready to wait ).
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
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NZDUSD COULD BE A GOOD SELL BUT...Hey Traders!
I am directing attention to a potential opportunity with NZDUSD, given its prevailing strong bearish sentiment. Our analysis has identified a rising wedge on the hourly chart that has recently been breached, offering a signal for a prospective downward trade. Notably, higher timeframes are also demonstrating a double top and a rising wedge formation, affirming the bearish perspective.
Considering these price action patterns have yet to reach their target levels, we have strong grounds to anticipate a continuation of this trend.
Please Be Aware: Significant news releases are scheduled for tonight, which include:
NZD: Monetary Policy Statement
NZD: RBNZ Interest Rate Decision
NZD: RBNZ Rate Statement
NZD: RBNZ Press Conference
Please approach this trade with caution, keeping the potential market volatility in mind.
$ZYNE - local opportunity to get higherNASDAQ:ZYNE can show a local jump to 0.4 (about 18% from the current values) in a pair of weeks.
if it go higher, this can show, that we will need to implement an addintional analysis for the next possible moving.
Due to my previous view for a long period of time, this company can show an excelent results in the future, but we before we need to hit a bottom and to confirm a turning around.
Does not constitute a recommendation
#investing #stocks #idea #forecast #furoreggs
$ZYNE shows a shape for the quick long positionNASDAQ:ZYNE draws an upside-down shoulders on 30m representation as well as it was moved before from the historical triangle shape on 1D graph.
Expectation, that it can bring 25% in a month.
NASDAQ:ZYNE :0.42->0.54::28%::1 month
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
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USDCAD | Could be a good buyHey Traders!
Our examination primarily focused on extended timeframes. The daily chart exhibits a robust double bottom coupled with a validated falling wedge. Given its yet-to-be-realized profit trajectory, aligning with the prevailing market trend, I recommend a continued buying approach.
$USDRUB reached a ceil of the channel
MOEX:USDRUB_TOM hit the top of the channel and should turn around and start a correction phase.
Two scenarios of the events development before the next iteration of growth are seen by me:
Scenario 1: FX_IDC:USDRUB ::81.4->70::+14%::Jul 2023
Scenario 2: FX_IDC:USDRUB ::81.4->64::+21%::Jul 2024
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
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$APPS (Digital Turbine) good investing today$APPS is inside the downward channel, but has a chance for the turning and is able to touch the top line of the current channel.
In my view, if it breaks through SMA 200 line, it starts an arrangement of a new ascending channel for long-term bull's position for this instrument.
$APPS::$11.2->$15::34%::1-2 weeks
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
NVDA Entry, Volume, Target, StopEntry: with price above 480.88
Volume: with volume greater than 77.2M
Target: 520.29 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 480.89, 461.22 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Uncharted CADCHF Depths: Bearish Trend Meets Historic Low – DiveHey Traders!
The CADCHF trade is currently in an unprecedented low zone, making it susceptible to sudden bullish surges. While the opportunity seems too promising to pass up, we must tread with caution. The overarching market trend remains bearish, we based our analysis on the long upper shadow and the 4-hour bearish flag pattern. A break in this formation might intensify bearish momentum. However, given that the pair is at its historical low, there's potential for a bullish counter-reaction, particularly with the upcoming CPI news tomorrow. To account for the inherent unpredictability, it's advisable to opt for a reduced lot size.
GBPCHF Downtrend Alert: Time to Sell?Good morning traders,
As anticipated, we observed a retracement in the GBPCHF pair. A rising wedge pattern has subsequently materialized, and a recent downside breakout confirms this formation. The prevailing market sentiment remains bearish. On the 1-hour timeframe, all moving averages are aligned with our perspective, and the majority are consistent on the 4-hour timeframe as well. With the 1-hour death cross still intact, our current strategy suggests maintaining a bearish position.