GOLD next Trade Setup Gold has been moving bearish since Friday and trying to approach and test its next support at 1780. There are strong chances of retracement from this point i.e 1780 upto 1820 which will be 400 PIPS!!
In case if it breaches the support level at 1780, it is expected to go down further and enter the 1760-1765 zone which is also a strong support.
Rising COVID-19 cases in US are acting as a catalyst in Gold's upward momentum.
There are strong chances of Gold to touch $1900 in 2020.
Investor
Juicy investment opportunity! Spirit Airlines buy signalsSpirit Airlines, monthly timeframe: 9 years old(!) support level + Hammer + Oversold
FAILED TO RISE BUYERS SQUEEZED - REMARK HOLDINGS - MARK - DAILYRemark Holdings Inc share have seen an important rise but since June we notice that the tops are falling, moreover, buyers have been squeezed in the middle of the month.
The formation of a potential triangle in the market shows that decisions are not be made before the first week of July.
Only a break of the red line or the secondary dotted lines will tell us if we can be active on this market.
Possibility of having a market ranging until then.
DECISION ZONE & UPTREND SUPPORTS IDENTIFIED -DASSAULT DSY- DAILYThank you for you likes and shares! Much Appreciated!
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DSY DASSAULT SYSTEMES price have been bouncing several times on the pink decision zone. It is probably the best level for entry/exit in this market.
The blue uptrend line have experienced a strong pullback on it marking an amazing triangle with several elastic effects resulting in a break up above the decision zone.
Another shadowed uptrend line have found its existence and the market could use this invisible line to test again a rebound on it.
This chart helps to see this market in a simpler and uncommon way enhancing the logic behind price movements.
#beam - For investors & Swing traders #BromadicBuying a small chunk here with ladders down all the way to 441 sats
expecting the price to follow the Greenline on chart
This is ONLY & ONLY for Investors or swing traders, stop loss is at well over 35% also even with Average downing the entry still will be around 20% so please if you follow this setup strictly use a small balance
Trader/Investors must understand this process.......!Kindly comment with " Yes " for agree and "No" for disagree with this post:
Before the break-out, I've informed that " Breakout will give truck of Money. ..!". Exactly, we seen this statement was TRUE, didn't it? (End of idea link is added about this idea)
Let's talk step by step was happened here.
The Width of congestion area was equal to height of the price surged.
From my personal experience and the survey/observation I'm talking about this is almost the same area as price congestion in size of width and height after the price break. Let's try to explain in another words:
Horizontal width of congestion size = Vertical price move after break-out. (Generally, i noted that price moved away so far after breakout whenever congestion area is much longer.)
--> Let's talk little more deeper about CONGESTION area:
In the congestion area, accumulation or distribution process process. We will talk about accumulation only because, this was happened here.
Accumulation : smart money, money makers, huge fund-management, landlord of global investors whatever you called them they grab/connecting instrument(stocks, currency,etc) from retail investors in very slow motion because, they can smell insider upcoming news. After the completing this accumulation, news clear and price start to go away from the breakout area.
later i will try to explain you more deeper about it practically. Yes, obviously we can smell the process accumulation/distribution.
AUDUSD Technical and Fundamental Analysis; 4hr/TFFirst thing which we establish depicting the 4hr/TF of AUDUSD are the levels of support and resistance.
Our vital Support level was present at approximately 0.63180, following our level of Resistance at 0.68550.
Furthermore, @0.63400 we receive an insight of a Triple Moving Average crossover amongst 4, 9, and 18 day charts.
Price then accelerates across moving average as it moves into a Bullish engulfing candlestick, allowing us to identify our ascending pattern on the 4/hr.
Our first target of @0.6500 was hit indicating continuous support via our EMA50, reinforcing the chances of a constant rise.
Fundamentals:
USD Jobless Claims Report - Thursday 30th April
USD (ISM) Manufacturing PMI - Friday 1st May
LONG " GBP/JPY"Due to the last month huge rejection; the price has been ranging between 132.50 and 135.80.
Meanwhile the price has been rejected by 132.00 wich is a weekly key level
As well this move will be the 5th wave.
LONG position will be taken when the 4H candle closes above 133.20 and Breaks the trendline.
Short Position taken AUD/NZDFX markets have been extremely volatile and so I haven't been trading as much as usual. In times like this its key to wait on the side lines and preserve capital. You should only take trades that meet your entry criteria!
This is is a great setup, one of the best I have seen in a while. We have a complete head and shoulders on the weekly, with a key level on 1.000 below. I have been entered into a short position after a re test of the weekly trend line, key resistance and 50 /20 ema zone. I will take this pair down to 1.000, making it just under 2.5:1 reward / Risk
BillerudKorsnas (BILL) | Promising Buying Area!Hi,
BillerudKorsnäs AB (publ) provides fiber-based packaging materials and packaging solutions in Sweden and internationally. It operates through Packaging Paper, Consumer Board, and Corrugated Solutions segments. The Packaging Paper segment offers kraft and sack paper for industrial, medical equipment, and consumer sectors; and pulp.
BillerudKorsnäs have started to approach a pretty promising area. Fundamentally and in the numbers world, it looks pretty decent and technically, as said, starting to enter into the buying zone.
As we should already know, perfect trade and a perfect investment consist of good fundamentals and it also needs to fit with technical analysis.
Considering technical analysis, I can give you a green light to buy it from the marked buying-box but the second green light has to come after you have made your own research if you get it then you are ready to GO!
Buying-zone consists of:
1) 2004 and 2006 clean resistances becomes support level, plus nice breakout candle in 2013! It shows that the area is powerful and it increases the odds that this price zone may start to act as support level!
2) Fibonacci retracement 62%
3) Monthly EMA200
4) Channel projection - lower projected trendline should act as a support level.
5) AB=CD
6) 50% club!
7) Fibonacci Extensions acting as support levels.
Long-term investors can start to add their positions around 75.
Mid, short-term traders/investors should wait for 70, at least!
As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...SKIP IT!!
Regards,
Vaido
New Earning that might lead to new bull move in AREThe new earning report released for ARE increase more than 300% since the last report in October 28 2019. (EPS) of ARE is (1.74) compared (-0.44) to the last report. This earning can be the new bull move of this company because earning is what matter as I published here .
I totally recommend investing in this stock for at least the next quarter and see if the new earning beats this earning or at least maintain it , then keep investing in it until you notice dropped in earning.
Bitcoin - The Entry for the next big Rally (Structure, S&D, ...)Hello Traders !
Today we will have a look at Bitcoin!
Confirmation:
1) Double Top Formation
2) Structure
3) Support Resistance
4) Supply Demand
I think that a lot of investors would invest their money when bitcoin is at a low price and a lot of people will follow then the trend.
Let me now in the comment section below your view on Bitcoin and what you think about my Video Analysis.
Please leave a Like.
Thank you and we will see next time
- Darius.
Newly listed GREATEC seems possible to meet Decembull season Greatec is one of newly listed company in Bursa Malaysia 2019
Trending looks forming Low High followed by LH and HH.
Breaking of from rectangular pattern in daily chart then box pattern in weekly chart, it seem possible for the price go higher.
But, there’s always a possibility that it reach MA20 IF failed to maintain above the box.
All the best and keep in touch
TAYOR well investors and traders