GBPUSD, Monthly Outlook for November (LONG)INTRO: GBPUSD is currently facing a downshift on its major trend, helping the stregthening of the US dollar in the long run. The US dollar appreciation could be a problem for the long run perspective, so could be possibile to see an appreciation of the majors against US dollar for the next months
OUTLOOK: Looking at the monthly charts, there is a strong Buy Area between 1,3570 and 1,3670. So, for the month, is possible to see the major going to this area and then going up to 1,39
November
OPENSYS - Medium Term Bullish if Break Tentative Falling TL
Please consider your own interpretation of Opportunity & Risk:
Opportunity to buy into weakness, approaching area of support.
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
NAS100 / NASDAQTHIS ANALYSIS FOR NAS100 / NASDAQ ON TIME FRAME 4 HOUR.
HELLO TRADER WELCOME FOR A NEW WEEK!
PRICE ALREADY BRAKOUT PREVIOUS SUPPORT, AND SHOW US WANNA FALLING AGAIN.
NOW WE WAIT FOR PRICE RETEST BEFORE PRICE CONTINUE FALLING. ..
I HAVE 2 OPTION FOR BUY AND SELL
1. YOU CAN SELL WHEN THE MARKET OPEN OR SET PENDING ORDER SELL LIMIT ON THE CHARTS YELLOW LINE AT 11211.30. SL 15 - 30 PIPS WITH YOUR OWN RISK.
2. YOU CAN ENTRY BUY WHEN PRICE PULLBACK AT SBR & FLIP ZONE. SL 15 - 30 PIPS WITH YOUR OWN RISK.
GOODLUCK !!!
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1,173,975 CONFIRMED FR COVID19 cases by 19th November 20201,173,975 CONFIRMED FR COVID19 cases by 19th November 2020 before going up faster.
long position in bitcoin cash at TF 4H (BINANCE EXCHANGE)i'm optimistic bullish short moment in bitcoin cash at binance, in my opinion, BCC/BTC at time frime 4H in Binance exchange.
because it seem like elliot waves pattern come to wave 5 and good in uptrend.
this is my plan trade, take your own risk.
stop loss : 0.079788
entry : 0.080000 - 0.081906
take profit 1 : 0.088060
take profit 2 : 0.091717
take profit 3 : 0.097596
risk ratio = 0.063 % : 9.54 %
BTC/USD for 8 nov - 10 novBTC/USD approached the support of the channel, which is already a good signal, because the support is strong. With the recent fall of the BTC / USD, the overheating on the indicators disappeared. Divergence is possible on a small timeframe (not yet formed). Possible profit: 0.6-1.3%. Stop loss just below the support level. Expected Duration: 11 bars, 1d 9h.
BTC in november, all you need to knowthere are many noise towards btc, whether it will drop or not. for me, its 50:50. i am balanced, but in the end, in december, late novermber, i know the rally would come. but for you understanding, you need to prepared below chart scenario for next 3weeks.
there are many charts, but btc chart this year can be seen as two patterns that share the same interest.
1. descending triangle from JAN.
2. Falling wedge from March
descending triangle is bearish pattern that breaks below.it is the black line at top. falling wedge is a bullish pattern. it is the purple line below black line. but it may need to hit the bottom resistance, the red bottom line. so we need to understand, btc shows bearish and bullish formation at same time. many people think only one way, but it actually shows two meanings inside the chart. falling wedge(bullish pattern) is inside the descending triangle.
the bottom resistance is intact from 6000, and 5750 this year. so if descending triangle breaks below, btc will fall down. i believe this low will be also the falling wedge bottom, around 5500 around mid november. it also will have long term trendline support.
nothing is for sure, but you need to know btc shows bearish pattern, and bullish pattern at same time.
but we do have chance to break above from 6000/6100 or 6200. if that happens, then we can still say falling wedge worked(it hit bottom 6000, 5750 twice), and descending triangle broke above. it is possible.
now, altcoins are bullish, they are in uptrend channel, but some pumped 100% from september. so before market wants to really bullrun in december, and Jan, maybe it would want to wash away the pumps and start from low beginning.
so, now i still think longterm long is correct. but given the daily ichimoku bearish clouds from november 5th, we do risk a drop again for next few weeks. given the bearish closing under 6390, monthly close, which is lower then 2017 november, btc risks dropping.
after dropping btc will somehow bull run from 3rd or 4th week of november, and make monthly close a green fat candle which breaks above the falling wedge and the triangle.
so for now long term swing trade plan is simple. buy 30~40%(max 50%) money above 6000 area. and leave the rest for breakdown. OR if we break above 6800/7100, you add,buy more at breakout. we sell during december, latest mid Jan.
all the best.
DATA/BTC ready to POP. Will she break Res in Nov?Moonboy - Never Broke Again {-aka-} TheRealJackDaniels {-aka-} Rainy Ryan
October 31, 2018
StreamR DATAcoin: Crypto - Trade, Technical, Fundamental Analysis
Trade Score: Solid (7.5/10)
Looking Promising! If DATA can break this resistance then boy oh boy, get your pots and pans, we may have SAUCE TO SPARE.
DATA should get a nice little POP like all of his other Altcoin buddies within a few weeks - charts showing very similar patterns.
- *(granted BTC/USD/Stocks don't do anything too drastic).
Indicators: Great (8/10)
-MACD: Consistently creating (Higher-Lows) since mid-August, Bullish
-STOCH RSI: Looking very Oversold
-Volume: Recent Spike - plenty of Green, with little Red response, (evidence of good mood/comfort level)
-Trend/Mood: . Balls Back - Heatin Up... Altcoin Season, get your tags. Low/Mid cappers popping off daily.
Fundamentals: Good (7/10)
-Rank and Market Cap: Mid 100s + Low Millions (Low/Mid-Cap)
-Hype Level: Low Marketing + Low Trading Volume (3MilUSD)
-Concept: Dope IoT/data-focused project. Creates/catalyzes high speed economies between devices, data, users, and companies. Example: You car can instantly buy road/traffic condition data from other smart cars, while selling its own data back.
Sector Dissection: "overshadowed" by IOTA, IOTX and others, but can actually complement their products quite nicely.
- Current State of Being -
Rising - Spiking - Retracing HARD - Battling for new "Neck Support" - Winning/Stabilizing - REPEAT
Strategy:
*Not Financial Advice - Not a Financial Advisor - New to Technical/Trading Analysis*
May be a good idea to buy in once this Neckline retraces/reestablishes solid support and play the weekly trends/spikes.
The above evidence seems like enough foundation to reasonably assume a solid return of between 20% - 100% within the next 2 months, as long as nothing crazy happens with the overall BTC or stock market. (However, they both seem to be making pivotal moves on shaky ground right now so who the hell knows.)
Moonboy - Never Broke Again {aka} TheRealJackDaniels
Connect with me on Twitter: twitter.com
Comments/Corrections are welcome.
--- P.S. check out my mixtapes ssSKRRRRTtt ---
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XRP Golden Cross Trajectory Bumped up a day to November 1st.As we can see we are still inside the bull flag on the 1 day chart with the 1 day 50ma(in orange) acting as strong support and the 200ma(in blue) as resistance...based on the upward angle of the 50ma I have a feeling it will maintain support and ultimately push the price action above the 200ma and cause a nice bullish breakout from the bull flag which in turn should provide great rocket fuel for the golden cross. Currently because the prce action has remained above the 50ma it has risen the 50mas trajectory enough to bump the expected golden cross up 1 day from November 2nd to November 1st....At this point only a massive dip could prevent this cross. So there is a very high probability the cross will occur...however we need to remember that even though those are far more often bullish, there have been a couple instances in the past where the price has fallen after a golden cross and it ends up being a fakeout that just goes right back into a death cross a few days later. I'm pretty confident this golden cross will be sustained but will be prepared in case I see signs of a fakeout. You choose your own path as this is not financial advice and simply my own personal gameplan. Thanks for reading!
DOW JONES: DON'T PANIC!The week before last gave us a shooting star/doji. The following week resulted in a pull-back that has everyone scared.
For now, we held lower parallel support. However, I'm leaning on the prospect of more downside for now.
The markets are telling us something: there is clear concern over the mid-term elections. If Democrats win, I'm sure that would pour water on stock market fundamentals. The Democrats seem to be in a state of emotional meltdown. Any Democratic victory may render the United States uninvestable. As the crown jewel of American industry, the Dow Jones may enter a serious bear market.
However, I do not foresee that happening. I foresee a Trump victory - not only in the mid-terms, but for 2020.
So, stay with the trend. There will be an amazing buying opportunity soon. Should last week's low give way, it opens up the possibility of falling to the year's lows. Even better: we take out the February low WITHOUT closing below it, on a weekly or monthly basis, creating a severe snap-back rally. THAT would be an incredible trade.
I am bullish the Dow Jones long term. I am bullish the Dow Jones in the medium term. But bullishness must be fueled buy the consensus being on the wrong side. We MUST create the conditions that prompt the majority to believe that stocks will go down, in order to go up.
This could be a period of sideways consolidation, in a large range. Or it could mean a spike down that 'washes' everyone out, catching them flat-footed.
Such a move is possible. Was last week the spike? For now, I think not, as I believe the markets are awaiting confirmation in US politics in November.
I await a signal to enter a full position long. As long as we remain below the 25760 area (prior support turned resistance) on a closing basis, I will be taking short scalps, ready to roll into a long.