$APPS (Digital Turbine) good investing today$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.
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IDEA
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.
$FIVE keep on running upMOEX:FIVE shown Flag form and started rally to the top.
Resistance is on the level of 2000-2200.
Does not constitute a recommendation.
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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.
$ZIM can show a longNYSE:ZIM potentially touched the bottom.
We are observing creation of the reversed double bottom + divergence on the 1h time range.
Expectation, that it will brake a downward channel and will start moving to 16.
Does not constitute a recommendation
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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.
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.
$CDNA would grow till the beginning of 2025NASDAQ:CDNA shows sign of preload from below.
Expecting growth till the end of next year. Good potential (x6 if predicted scenario)
Does not constitute a recommendation.
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$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.
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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.
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