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Momentumstrategy

Bitcoin ($BTC) Safeguarding The UptrendBitcoin continues to trade above the $34,000 mark, with the overall trend remaining bullish. Formally speaking, BTC is currently experiencing a sideways movement between the buyer's level at $33,400 and the seller’s level at $35,100, indicative of a temporary equilibrium in force. Considering the upward trend apparent in BTC’s chart, growth continuation is presently the main focus. Potential next targets for buyers could be the levels at $36,100 and $36,900. Simultaneously, it is crucial to acknowledge that Bitcoin has been on an upward trajectory without undergoing any corrections for over two weeks now. A course correction before a continuation of the growth would be entirely reasonable and could even serve as a strategic advantage for accumulating long positions in BTC. In this scenario, the asset could retreat to the support levels of $30,700 and $29,900, which remain within the boundaries of the prevailing upward trend. For buyers, any market corrections will remain safe as long as the long-term support level at $27,000, safeguarding the uptrend, remains unbreached. However, the candlesticks are depicting the Hammer-like shape indicating signs of a Bullish trend incoming.
BINANCE:BTCUSDLong
by DEXWireNews
NSE:Lupin -trend change on card??? NSE:LUPIN Lupin Limited is an India-based pharmaceutical company. The Company develops and commercializes a range of branded and generic formulations, biotechnology products, and active pharmaceutical ingredients (APIs) in over 100 markets in the United States, India, South Africa, and across the Asia Pacific, Latin America, and others. It offers vitamins, minerals, supplements and neurological products. It has presence in the cardiovascular, dialectology, asthma, paediatrics, central nervous system, gastro-intestinal, anti-infectives and nonsteroidal anti-inflammatory drug therapy segments. Its complex generics portfolio includes Filgrastim, Peg-Filgrastim, Etanercept and Albuterol, and others. Its biosimilar products include Filgrastim, Peg-Filgrastim and Etanercept. Its specialty products consist of Solosec and NaMuscla. Its over-the-counter products include Softovac, Lupizyme, Aptivate, Lupisafe, Be One, V-Bath, and others. It supplies APIs for anti-retroviral, anti-malarial and others. Disc: Invested, please do you own research
NSE:LUPIN
by Peaceful-Weekend-Investing
EurUsd retraces 📎 / CPI Data as catalystEurusd retraced 100 Pips today with Infaltion data as the catalyst for a continuation of higher timeframe momentum. How Surprised can we be of a move to the downside with the Weekly/Monthly timeframes doing just that for the last 3 months. The news release was stronger than what was expected for the USD. Inflation is increasing at a faster rate than expected. Let's buy the USD as a safe haven given these uncertain and troubled times.. Technicals : Large Bearish candle just printed on the Daily timeframe. The next Daily candle will likely have a bottom wick and is why it is still reasonable to look for a continuation play. That said, with the anticipated London session volume, we may expect a pullback to 1.054 weekly level or 1.056 before observng more bearish movement on Eurusd
Short
by ShrewdCatfx
1COV added to model portfolioCovestro has just been added as a 12.5% position to our model portfolio. Some comments: 1. 7/8 qualifiers of Minervini's trend template are met and the stock is in a confirmed phase 2 uptrend. 2. Stochastic RSI are indicating an entry coming our of an oversold position. 3. This is a pullback entry following a healthy pullback over the last 2 weeks under low volume which allows for a low risk entry. 4. Relative strength of 1COV as measured against the SP500 is very high which makes that a momentum trade. Here is the link to our updated model portfolio: www.tradingview.com
TRADEGATE:1COVLong
by JS_TechTrading
📈🚀 Exciting NASDAQ Buying Opportunity! 🚀📈Fellow traders, listen up! We've got a promising setup on the 4-hour timeframe for NASDAQ that's worth your attention: 📌 Technical Analysis Highlights 📌 💰 Reversal Strategy: After securing nearly 1000 points with short positions, it's time for a strategic shift towards buying opportunities. 🦇 Bullish Bat Pattern: The price action has completed the D leg of a bullish bat pattern, signaling the potential for a bullish reversal. 📈 RSI Confirmation: The RSI is in highly oversold territory, providing a strong confirmation of the setup. 🕯️ Candlestick Insight: Notably, the price is already bouncing, setting the stage for a potential rise during the American session this afternoon. With these compelling technical signals, it's a prime time to consider a long position on NASDAQ. Keep a keen eye on the American session for potential market-moving developments. Aim for the 0.382 fibonacci as a TP1 and the 0.618 as the target Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if this insight was helpful 🌊🚀
OANDA:NAS100USDLong
by Thomas_Zito
23
JS-TechTrading: Updated WatchlistAll stocks on our watchlists are high momentum stocks and meet the hard selection criteria according to Mark Minervini's Trend-Template. Furthermore, the stocks on our watchlist have been screened by William o' Neil's CAN SLIM methodology and are among the top 25% of all US stocks with regards to their underlying fundamental performance. All Stocks on our watchlists can be traded on eToro and TradeGate. 🍾🍾 We trade like the Champions 🍾🍾 Here is the link to the updated watchlist: www.tradingview.com
BLACKBULL:SPX500Long
by JS_TechTrading
thenexxtrade Alpha portfolio Annualized Return : 17.9% Sharpe Ratio : 1.27 Sortino Ratio : 2.67 Max DD : -11.4% Volatility : 10.5% In October 2023, we want to update you on our current investment strategy. We've been maintaining an 80% cash position over the past few months, a decision you can verify by visiting our Twitter account. Our approach involves rebalancing on a monthly basis, steering clear of shorter time frames that often resemble gambling. We're integrating the returns generated by our proprietary system, compounding our gains with the alpha it produces. Watch this space. We will bark when it time to allocate 100%. Those who said don't time the market are those without the Alpha.
AMEX:SPY
by nexxtrade
Unlocking GBPUSD Bearish Potential: Triangle Breakdown📉🔒Traders, brace yourselves for an intriguing setup on the 1-hour timeframe for GBP/USD that you can't afford to miss: 📌 Technical Analysis Highlights 📌 🔽 Descending Triangle Breakout: The recent price action has delivered a convincing breakout from a descending triangle pattern, laying the foundation for a trend continuation setup. 📈 Moving Average Resistance: To further bolster the case for a trend continuation, the moving average is acting as a steadfast resistance, combining forces with the descending triangle breakdown. 📈 Trade Strategy 📈 This setup isn't just an opportunity; it's a smart move in line with the prevailing trend. Trading with the trend is consistently more rewarding than attempting countertrend strategies. 💼 Risk Management: Mitigate risk effectively by placing your stop loss above the resistance zone. 🎯 Take Profit Targets 🎯 1️⃣ First Target: 1.21350 2️⃣ Ultimate Target: 1.20500 Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you want more qualitative insights like this one 🌊🚀
Short
by Thomas_Zito
🐻📉 GBPUSD Alert! Head and Shoulders Pattern(ultra bearish)📉🐻🚨 Brace yourselves for a trend reversal! The GBPUSD forex pair is showing a compelling bearish setup with the formation of a head and shoulders pattern. This classic yet highly reliable pattern has a proven track record of success. Technically, the head and shoulders pattern materializes as the price forms a lower high and breaks through the initial support level, transforming it into a formidable resistance. This signifies a shift in the market sentiment and sets the stage for a potential downtrend. Excitingly, we are now witnessing a crucial development in this setup. The neckline of the pattern has been broken, followed by a successful retest. This presents us with an excellent opportunity to join the ongoing bearish momentum and capitalize on the potential downward move. Our target for this bearish trade will be around 1.20500 with several take profits along the way, aligning with the expected continuation of the downtrend. Stay ahead of the game and make the most of this bearish breakout on GBPUSD! 📉💪 Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you think this insight was helpful 🚀
Short
by Thomas_Zito
8
Advanced Analysic for GBPAUD! BUY HERE!My analysis of the GBPAUD forex pair is as follows: Market Structure: I have identified the MINOR wave structure, marked in BLUE on the chart. The corrective wave structure, labeled 0A-BC and marked in RED, is also evident. By employing additional techniques, I anticipate that the correction will conclude at the designated point C. Price Action Momentum Channel: On the chart, I've identified a bearish momentum channel. I anticipate that the price will reach the lower boundary of this channel, and this could present an opportunity for buyers to enter the market. Fibonacci Analysis: I've identified significant price reaction zones using Fibonacci analysis. In conjunction with other analytical methods, I predict that the price will react notably at two critical levels, particularly in the presence of substantial economic news. SUPPLY & DEMAND BLUE MINOR STRUCTURE: ~ Fibonacci 0.618 reversal. Other Secrect analysic. Thank you for considering this analysis.
Long
by KC_Trader77
Eurusd New Month .. New Lows to 1.07? 🛎️Traders! (≖_≖ ) we haven't seen a steady trend like this with 7 weeks of the same candles since June 2020. 0:0 Monthly timeframe 1:35 Weekly timeframe 5:13 Daily timeframe 7:25 4hr timeframe 9:46 1hr timeframe 11:30 Bias Hello traders. Yes, we did just create a daily support today at 1.0773. However, this support was created during a Bank Holiday and if you've hung around the block long enough in forex you know that Bank Holiday's have low volume and we should acknowledge them accordingly. If we do end up curling back to the upside here on Eurusd we do have 2 clean ranges on the 1hr and 4hr timeframes so long as we get above 1.08. With that said, the market is not random and we must act accordingly as we may coninue to descend into the depths below as we have been for nearly 2 months now. It is important to be flexible at times this . Bulls and Bear got thrown around last week with a early in the week Bullside push followed by a continuation of higher timeframe momentum to end the week, that also coincided with decent NFP data that was released better than expected. It is possible that we will soon touch into the next daily support level 1.0744. Momentum is still prevalent and so we must allot to it our due diligence.
Short
by ShrewdCatfx
📈🚀 Seize the Moment: Epic Buying Opportunity on S&P 500! 📈🚀Hey traders, get ready to ride the wave of profits with an exciting setup on the S&P 500! 🌊📊 A golden opportunity has surfaced, and it's time to capitalize on a potential bullish rally. In the 4-hour timeframe, we're witnessing the stars aligning for a buying spree that could lead us straight to the coveted 4570 target. 🎯🦅 The Double Bottom Delight: Hold tight as the price action unveils a mesmerizing double bottom formation. This pattern is like a green light for bullish momentum, signaling a potential upward surge. 🚀 The beauty lies in the symmetry, and we're ready to ride this pattern to its fullest potential. Harmonic Bat Pattern: Point D in Sight! 🦇🎯 Prepare for some harmonic magic! The stars of the show are aligning as we approach the mesmerizing point D of the harmonic bat pattern at 4570. Brace yourself for a journey towards this target, riding the wave of pattern completion and potential profits. Candlestick pattern: Doji Breakout! 🕯️🚀 The magic continues with a "long-legged Doji" candlestick, signaling a breakout like no other. This is the ultimate call to action – a signal to buy this dip and ride the upward momentum. 📈🕯️ Moving Average Mastery: Crossover Confirmation! 📈✨ Get ready for a symphony of confirmation! The moving averages are about to cross over, a sign that amplifies our scenario. This crossover is like a nod from the universe, signaling that it's time to jump on board and enjoy the ride. MACD Marvel: Bullish Momentum Amplified! 🚀💥 The MACD indicator joins the party, forming a fresh crossover to the upside. This is the stamp of approval we've been waiting for – a clear signal that bullish momentum is skyrocketing. 📈💪 The Game Plan: Entry: Buy around 4420 Stop Loss: Below 4407 Target: 4470 (with partial profit-taking along the way) Remember, smart trading involves not only the entry but also the exit strategy. Keep an eye on those partial profit-taking points as we journey towards the 4470 target. 🎯💰 Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you think this insight was helpful 🌊🚀
OANDA:SPX500USDLong
by Thomas_Zito
16
Weekly Candle closure suggests Upside / AudJpy 🛩️Hello Traders! A different post today as we are talking about AudJpy when we usually share our thoughts on EurUsd. 0:0 Monthly timeframe 2:53 Weekly timeframe 6:35 Daily timeframe 8:52 4hr timeframe 12:30 1hr timeframe Yen pairs have a bit of a different personaility then when it comes to trading Eurusd. The moves can be alot more harsh and unrelenting. For example trading a yen pair it may be the case that we don't recieve a retest when in the process of breaking out. Versus on Eurusd we may see a retest and price will respect level's in a more clean fashion. AudJpy previous weekly candle closed bullish above the previous weekly resistance level created during the 2nd week of August at 94.107. This confirms a change to bullish market structure and potential upside this week back to 94.69 Daily resistance zone and 95 4hr resistance zone. Our previous weekly resistance level at 94.119 which we closed above last week may now turn into a weekly support level and facilitate a move to the upside. Other key level's include Daily support level 93.559, and 4hr support level's 93.9 and 93.73. Aud Interest rates have been increasing since May 2022 but observing the Weekly timeframe, not much has happened with regard to the strength of the AUD on this pair. Interest rates are anticipated to be released tomorrow 4 hours after asian session open and it may act as a catalyst to observe a continuation back up towards structural highs at 95. Otherwise we may observe a decrease back towards 93.559 and a failed breakout to the upside on the Daily/Weekly timeframes.
Long
by ShrewdCatfx
2
Messy Monthly Candle close😾🐱Just look at this ruthless pullback breaking hearts during this monthly candle close. 0:0 Monthly Timeframe and previous Long Call 2:14 Weekly timeframe 3:34 Daily timeframe 7:10 4hr timeframe 9:50 1Hr timeframe 12:01 Fundamentals If you've been around long enough, you would understand that the monthly candle close in forex can be tricky. Price pulled up during this previous daily candle close and that was probably the most straightforward move in the market that've I've seen in months. The 1.086 move towards 1.093 was very easy to anticpate. That was like the 1 trade a month sort of trade. Tbh I don't see a whole lot occuring prior to NFP data during friday NY session. We've already moved up a decent amount on the week. Tbh we've already hit my Weekly bullish targets being 1.093 and 1.09. With NFP, ohh mann, what a wild close to the week if we retrace towards 1.10 with a continued sentiment , Risk on , Sell USD
by ShrewdCatfx
📉 Seizing Opportunity: USDCAD 1H Double Top Breakdown 📉USDCAD presents a compelling selling chance! 🛑 A prominent double top formation has emerged, punctuated by a neckline breach, a successful retest, and a resounding rejection at this pivotal juncture. The stars align for a favorable entry to ride the downside momentum. 🧭 Leveraging the strength of the moving average and neckline, there is a confluence of resistances to strategically position our stop loss above above 1.35770 and trade safely. 🎯 Aiming for success, my take profit is located at 1.34200, while my target lies at 1.34700. Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you think this insight was helpful 🌊🚀
Short
by Thomas_Zito
9
Eurusd Momentum 🐻-> Probabilities Suggest Flexibility over the Rigid Ego wins. Trading with the trend Eurusd? 0:0 Monthly timeframe 2:35 Weekly timeframe 4:50 Daily timeframe 6:30 4hr timeframe 7:36 1Hr timeframe Hey everyone. A new week and a new opportunity to master our emotions and skills in the markets. Experience suggests to me that we will sell a continuation of the prevailing bearish trend. However, and similar to last week we may see a 30 pips - 70 pips pullback prior to a push towards Daily support level 1.07455 and Weekly support level 1.07. Those are my weekly targets for Eurusd. If Eurusd decides it's a week to pullback then we may observe an increase back towards Daily resistance level at 1.0895. Otherwise, we sit in a range right now between 4hr support 1.07941 and 4hr resistance 1.08161. Be adaptable and flexible with regard to a change in market conditions. If we do decide to do a continuation to the support level's mentioned above, be ready to hold on to some runners to maximize profits. No Red folders news to begin the week here on monday.
Short
by ShrewdCatfx
NVDA ~ Long-Term Buyers ZoneNvidia ~ A beast of a company & Leader in the Semi-Conductors and Computer industry NVDA Stock has fallen nearly 60% with the recent market downturn. Nvidia has came to levels now attractive to buyers and is finding some Long-Term Support dating back to TrendLines from Years ago & Previous Resistance Zone in the Fall / Winter of 2020/2021. Though Nvidia had some bad news recently which has pushed it further in to this zone, long term outlook from the company has not changed one bit. As the Price of NVDA falls the value behind the stock only increases, with the p/e falling to near 35. Earnings are continuously growing annually, and this company is a monster in Tech. Long Term outlook here is strong, and the Risk/Reward near these levels are optimal for Long-Term investors. If NVDA Breaks Below its current demand Zone which I expect it to consolidate in, we could see a run down to $100 and then Pre-Pandemic Levels. TTM_Squeeze also indicates bearish momentum fading on the stock. Overall, my thesis for NVDA Long-Term (3-5 years) is strong and bullish for new fresh ATHs.
NASDAQ:NVDALong
by ZachSap
1