VIX BREAKOUT LONGVIX broke out of the narrowing bullish wedge so we are now bullish biased and after the pullback and retest we are likely to see a further move up.
IDEA
GBP/USD LONG OPPORTUNITYAfter the retest of the horizontal support of 1.260, it makes sense to expect a bullish correction as the GBP/USD is oversold and the market players will be taking profit from the level fueling a buying wave.
USD/CHF POSSIBLE SHORT SWINGUSD/CHF will soon retest a key resistance level of 0.886. So I think that the pair will make a pullback and go down to retest the demand level below at 0.872.
NATGAS BULLISH SETUP LONGNATGAS is making a rebound from the support level of 2.42 so I think that we will see a further move up.
GOLD NEXT POSSIBLE MOVEGold broke lower yesterday because of good economic data of USD. We are seeing very very tiny pulse of bulls during Asian Session so we should look at next strong resistance on the higher timeframe and set up a long position from there when you see the price action is in favour.
Wheat :to sellHello,Traders! wheat was in a downtrend
-the wheat is for sale if it does not break the downtrend
GBPCHF Sell Alert: Bearish Signals Ignite Potential DropHello, Fellow Traders,
Following up on GBPCHF, our last position worked well thanks to the Falling Three Methods pattern. After that, we saw some back-and-forth, but as advised earlier, it could be a good time to get back in.
We've spotted a bearish pattern near the moving averages which typically signals a good time to sell. That said, we're also near a strong support level from a longer-term perspective, meaning the price might bounce back up.
If you see signs of a shift in the market trend, like a break through the moving averages, it might be wise to exit early to manage your risk.
Remember, informed decisions make for successful trades.
GBPCHF COULD BE A GOOD SELL Hello, Traders!
Presently, we're seeing a strong bearish tide in the overall market. Particularly noteworthy is the 'Falling Three Methods' pattern completion we've spotted on the 4-hour timeframe. This is a significant bearish signal, pointing to continued downward momentum.
We're also anticipating impactful GBP news in the next few hours. It's critical that you remain alert for swift price shifts and ensure you manage your positions in line with your account balance.
CADCHF Alert: Bearish Flag Break? Don't Miss Out!Hello Traders,
Exciting potential awaits on the CADCHF pair! Currently, we've spotted a bearish flag pattern forming on the 4h timeframe. A break from this formation will serve as a strong confirmation of continuing bearish momentum.
Another key element to watch out for is the inside bar. A shift past its limit into a new low will underline the dominant bearish pressure in this scenario.
Importantly, this analysis is also supported by the overall market direction which is decisively bearish.
Furthermore, recent news has played a role in shaping this setup. The US Dollar has shown a slight weakening trend following a mixed July jobs report, and the Canadian employment change for July registered a decrease of 6.4K jobs. This gives additional context to our bearish outlook for CADCHF.
As always, let's stay observant, manage risk wisely, and capitalize on these developments!
EURCAD: Double Bottom Surge! Watch Out for Key News TodayHello, Traders!
We're seeing an optimistic market scenario unfold with the recent double-bottom confirmation on the 4-hour timeframe for our pair. It strongly indicates a potential upward swing, and we may see levels rising to 1.477 and above. Coupled with the overall bullish market direction, this aligns perfectly with our trading predictions.
Today, the market's pulse will be determined by key economic events and news. Noteworthy among these are:
The Bank of England Minutes and Monetary Policy Report.
BoE's Interest Rate Decision and Governor Bailey's speech.
US Challenger Job Cuts and Initial Jobless Claims for July.
USD Nonfarm Productivity for Q2 and ISM Services PMI for July.
These are crucial market influencers and can cause quick price fluctuations. Keep an eye on these indicators and stay prepared to adapt your positions accordingly.
$CDNA would grow till the beginning of 2025NASDAQ:CDNA shows sign of preload from below.
Expecting growth till the end of next year. Good potential (x6 if predicted scenario)
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$VMEO service has a huge potentialNASDAQ:VMEO is a perfect service with an excellent quality of content. Nowadays reveals us an usual state of the competitive companies and shares, which made a decision to become a public company to appeal for a new money. But, definitely, this is only first pieces of steps on the path of new challenges, that the company must go through to be learnt how to become more fluent, more relevant and more predictive for investors.
I believe, it will show amazing results within next 2 years.
Expecting more than 5-8 times profit, and this will be only the preparation.
Will be observing and catch signals.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
If you want to discuss, please subscribe and challenge my point of view )
GBPNZD: Bullish Breakout? Key News Impacts!Greetings Traders!
GBPNZD is poised at a critical juncture, with NZD's "Employment Change" and "Unemployment Rate" news on the horizon. Awaiting the news' outcome could be strategic before we commit. If we see a negative impact, there could be a prime opportunity to go long.
Yet, on the flip side, positive news may trigger a steep decline, threatening to hit stop-loss levels.
Recent events favor the bulls - a rectangle break hints at an extension of the bull run, and the market momentum broadly resonates with bullish sentiments.
However, let's remember that GBPNZD is currently experiencing heightened volatility. Therefore, I urge you to manage your risk, await the news, and then carefully consider entering this trade.
EURUSD: Big Sell Signal? Rising Wedge Alert!Greetings Traders,
Here's a compelling setup on EURUSD for your consideration.
Currently, the pair is riding an uptrend. However, the price is closely hugging the moving averages on the monthly chart, hinting that sellers might be ready to step in. An emerging rising wedge pattern on the weekly chart reinforces this perspective.
If we witness a break in this pattern, it could be a strong sell signal, potentially pushing prices back toward the previous lows on higher timeframes. The smaller timeframes are less predictable now, but if this larger picture unfolds, I'll be scanning for optimal entry points.
Stay tuned and we'll navigate this potential opportunity together.
AUDCAD Buy Setup: Near Perfect Storm for Profits Ahead!Greetings everyone,
The AUDCAD pair presents a compelling buy opportunity, as indicated by the strong bearish pressure. This is reflected by the candlesticks' positioning under all four moving averages. Confirming our analysis, the overall market trend, as evidenced across various timeframes, aligns favorably with this trade.
To further validate our entry, we advise seeking specific bearish candlestick patterns, including the Hanging Man, Shooting Star, or Bearish Engulfing. These patterns should be identifiable on a minimum timeframe of 15 minutes, with a preference for 1-hour confirmations.
Given these parameters, we're confident in recommending a short position on the AUDCAD. As always, exercise prudent risk management in all trading decisions.
GBPAUD: High-Profit Buy Opportunity IncomingGreetings everyone,
Starting the week with a potential BUY for GBPAUD: Despite its recent heavy decline, this pair is nearing our strategic moving averages and has exhausted its daily average volatility, indicating a potential end to the bearish run. The overarching trend remains bullish, hinting at resistance against a total free fall. To capitalize on this setup, vigilance is key: seek bullish candlestick confirmations for a valid trade. If you're eager to get ahead, monitor the 15-minute timeframe for telltale price action signals. Remember, entry without confirmation invalidates this trade. As always, ensure to integrate this information into your broader investment strategy.
$ATEX is going to turn around and aheadBasing on the Fibo levels, divergence and building double bottom, simultaneously with the good last report, there is a high probability, that NASDAQ:ATEX will show a turn around and start raising ahead from 28 to 41-45 (to get it return to the mother ascending channel) in a 3 months, which can bring us about 50% of the growth.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$RETA - expectinc keeping on the long poseNASDAQ:RETA looks like it will go on up to the range of 144 - 160 after the stabilizing in the side channel.
Does not constitute a recommendation
#investing #stocks #idea #forecast #furoreggs
$BILI - is an excellent name for doubling the walletTime for this company to show a two times more price came. Let it be and investigate during that time, on which level we will pick it up the next time.
Expecting price on 37 in a short time.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$FTCH - hidden rocket, which is waiting for a momentI really like this company and believe NYSE:FTCH will show incredible results on a long time slot.
Of cause, it's already shown so many interesting and mind-blowing tricks and could continue to do the same. But before this, in my view, we will observe two-stepping game.
First part of this movie is about 20% for the bulls in a very limited time. The second one will be a tremendous correction to get a mass for a amazing jump.
But lets check the first part of the plan. Will watching this short clip in the home cinema.
Goal is 6.5.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$TSN is will have a very long growing rally.We are on the first step of the long period of time, on which the shares of NYSE:TSN will fly to the moon.
63 is a goal for now.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
EUR GBP H4 BUY The price has reached the end of its long-term correction and is expected to rise to at least half of its previous wave
