BUY EURUSDIn this coming week, we anticipate the weekly low to form on Monday, setting up a bullish move. Entry at 1.03270, targeting 1.04485 and 1.05701, with a stop loss at 1.02579. CPI and PPI data this week could drive volatility, but the current structure supports further upside.
Use proper risk management.
Best of luck to you all.
Long!!!!
Crude Oil / WTI short cheap and good time to bounceVolatility on WTI has been very strong on past years but is narrowing. Especially in past months we can see a seemingly tightening volatility in prices. And we all know what that means right ?!
Correct, a breakout will follow. The questions is only in which direction. A good risk ration is achievable since we are very close to a bounce level / support (green line) and far away from the next resistance (red line). Commodity markets tend to be mean reverting and whenever commodities are cheap it makes sense to but them. Boom and bust cycles. But this is rather a long term strategy.
In any case, breakdown as below:
Entry:
Ideally we would average down the long position down to 67.28 and potentially below, in case price tests areas below.
Exit:
Ideally we would exit at TP slightly before 80 USD to avoid the resistance and the magical strength of full numbers. Something like 79.4 USD should work.
If price moves against us close at SL or once daily candle break below the support and closes.
In such case we could even consider a short position but with tight TP as fundamental dont point towards much lower prices.
Conclusion:
An easy trade can be entered with good risk reward ratio if executed correctly.
Disclaimer: This is non financial advice
let me know if any question.
CRV low risk high return? Ou YES!Hello followers and haters,
I figured out that almost everyone here hates longterm analysis so I will post another one.
We can see CRV is in our FIRST BUY ZONE , zone where I personally started accumulating tokens just now and will continue as long as we are in the zone.
IF we drop lower to the ALL IN zone as I call them :D I will be putting even more money in this coin. Hopefully we can see that happen as we broke the trendline.
We are looking to take some profits on the FIRST TP where we can expect anywhere from 220% to 270% depending on our average buy price which is an amazing return imo.
Second TP will bring us around 760% from the first buy zone!
IF we drop lower second TP will bring us an amazing 1260%!!! And that is not even an ATH for CRV!
Just to add something to make you think.
From where price is right now if we drop to ALL IN zone we are talking about -30% to -55% drawdown. Are you will to hold this small drawdown in order to get from 220% to possibly over 1200% gain?
As always please play it smart, do not over risk and invest only what you are willing to lose. And most importantly be patient!
NZDUSD: Bullish Continuation & Long Trade
NZDUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NZDUSD
Entry Point - 0.5639
Stop Loss - 0.5608
Take Profit - 0.5693
Our Risk - 1%
Start protection of your profits from lower levels
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USOIL BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
We are now examining the USOIL pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 73.21 level.
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EUR/GBP BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
The BB lower band is nearby so EUR-GBP is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.836.
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USD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Bullish trend on USD/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 0.901.
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AUDCAD: Expecting Bullish Movement! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move up.
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NATGAS What Next? BUY!
My dear friends,
My technical analysis for NATGAS is below:
The market is trading on 3.819 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 4.073
Recommended Stop Loss - 3.667
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GOLD Will Go Higher From Support! Long!
Take a look at our analysis for GOLD.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2,916.729.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,961.498 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
EURCAD Is Bullish! Buy!
Here is our detailed technical review for EURCAD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.501.
The above observations make me that the market will inevitably achieve 1.509 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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LONG ON BITCOINIts Timeeeee.....
Bitcoin has tapped into a major demand zone and has given us a change of character/structure to the upside.
It has pulled back to discount price all day today and is now ready to head back up to 100k.
I am purchasing bitcoin now at 83k expecting it to get back to 100k buy the end of the week. BITSTAMP:BTCUSD
ETH, Next Stop => $2,750Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 ETH rejected the lower bound of the falling channel and the $2,100 - $2,250 support zone.
What’s next?
ETH remains in a correction phase, and a move toward the upper bound of the channel at $2,750 is expected.
🏹 As it retests the support zone, we will be looking for new short-term long opportunities.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP - Strong Support Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈XRP has been in a correction phase trading within the falling orange channel and it is currently retesting the lower bound of it.
Moreover, the green zone is a strong structure and round number $2.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #XRP approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0373
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0429
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
US500 Will Go Up! Buy!
Take a look at our analysis for US500.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 5,973.19.
Taking into consideration the structure & trend analysis, I believe that the market will reach 6,138.47 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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SILVER Will Move Higher! Long!
Please, check our technical outlook for SILVER.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 31.462.
Considering the today's price action, probabilities will be high to see a movement to 32.363.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!