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Keepitsimple

AVALANCHE potencial breaking out the downtrend. Short-term|| Avalanche is one of the latest projects listed on the Binance stock exchange. It is a relatively short graph that we can watch for less than 2 months. It is a project that works, among other things, to create a platform for applications of Decentralized Finance, financial assets, trading and others. 👌🏻I like that the structure behaves traditionally, as after listing on the stock exchange and after the initial hypepump, there was a gradual correction, which had a natural course with retracement and maintained accelerated down-trend. In the graph I follow a large bullish AB = CD pattern, the structure of which is nice except for a few negligible wicks. It is also possible to see a multiple reflection from the PRZ, around which a consolidation structure has formed. 👍🏻I do not primarily focus on the setup resulting from the pattern, but rather it indicates to me the potential end of the downtrend and the possible finding of a market price. I like the breakout of the accelerated down-trend, which occurred a few hours ago. The volume is not ideal yet, but the last 4H has increased. Daily MACD + Histogram in the predominance of bulls. RSI at the bottom of the neutral zone after rebounding from the oversold zone after bullish divergences. We primarily monitor Targets after the primary downward trend. The chart offers a decent RRR.
Long
by Tradify_Seb
Long Gold None of the following is financial advice, do your own analysis. 1W: Complex Pullback into 20W EMA & top of prior trend channel. From a PA viewpoint holding here and subsequently breaking the 1950 level = bullish with expectation of re-testing August highs. Fibs & measured move targets for a potential move higher towards 2200 area. ------------------------------- 1D: Potential Breakout from consolidation channel, but would be careful about entering longs here right away. Those would need to be tightly managed on lower TF, as price is moving into a heavy resistance area roughly 1910-1950 (signified by the three horizontals in that area). Putting in a higher low somewhere in that area and breaking the important 1950 handle subsequently (extending to upper Keltner Channel in the process) would increase my confidence for a push towards 2000-2025 area, at which point I would be more confident in entering/adding to longs. Losing 1850-1860 would clearly invalidate this analysis. ----------------------------- 4H: Promising shift in structure with strong momentum towards upper KC. Putting in a shallow consolidation and basically holding 1900 would instill confidence.
OANDA:XAUUSDLong
by KRYPTOKRATES
3
POTENTIAL AUDUSD BUY ? Had a friend ask if anyone was watching AUDUSD so i sent a markup on MY outlook on it and what i could see happening if it plays out as shown in the markup. Personally not taking the trade as it does not fit my trading plan but why not drop it as a lookout for the trading community :) Please like and comment it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
by yonsfx
3
USDCHF COULD BE GOING LONG ?Update on my USDCHF trade , entered a sell for it last night and went risk free as soon I was 20 pips in profit , price decided to push back up and hit my refined stop loss so im guessing it could make its way to the upside ? , lets see how it plays out. Not placing a trade on where I see it may be going as it dosent fit my trade plan and im trying to stay disciplined to it. I would rather buy low and sell high to also get the best price possible. :) - This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
by yonsfx
4
Don't be fooled by the short market rallies (Worse is still...)In my speculation based on the 2002-2003 bear market and 2008-2009 stimulus package, I believe we will see either a short term market rally anywhere between 2600-2900 or some stability in the index around 248-260 for the next couple days. We are at a very high bullish percent of 75 meaning we are at very high risk to enter back into a downward trend if the data gets worse and bills stop being paid. S&P can and will be around 1800 support or 2009 support best-case scenario in the coming weeks. If you guys like my brief analysis I am willing to give an analytical approach but kept it very basic and laid back. Important to understand that even with market rallies in 3 out of the last 4 trading days dating back to last week are still just above the downward trend of the channel
AMEX:SPY
by aluna27
XAUUSD BUYS POTENTIAL 50-300 PIPSSo Sunday Market Open we saw price gap up a couple hundreds pips to the upside. Came back down & retraced back toward market open price around 1660ish and made another bullish rally until 1690 or so. Gold seems to not be slowly down so keeping up with the trend. InTrAdAy Trade: Only entering this trade if my floor remains unbroken and holds as support level. Ideally looking for a bullish engulfing of some sort or dojis preferably. If I miss an entry I will have a buy stop @ 1660. TPs set respectively for 40, 55, 75 pips. Always leave a runner. Long term trade: expecting price to remain bullish while trump is in office as well as news events keep affecting the overall price and “safe haven flow”. Decentralized banks project gold rallying to 1750 via Citibank (KenFxFreak Article).
FOREXCOM:XAUUSD
by BearishBull617
1