GBPNZD - Getting OverSold!Hello TradingView Family / Fellow Traders,
📈 GBPNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline.
Moreover, the zone 1.985 is a robust demand zone.
🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the intersection of the blue demand and lower red trendline.
📚 As per my trading style:
As GBPNZD approaches the red circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Oversold
EURNZD - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders,
📈 EURNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline.
Moreover, the zone 1.73 is a robust support level.
🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the intersection of the blue support and lower red trendline.
📚 As per my trading style:
As EURNZD approaches the red circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bitcoin(BTC): First Weakness In 60 Days = Liquidity Hunt StartsThird Week: We are seeing a nice rejection happening near the $44,500 zone, where the last weekly candle closed with nice and good dominance from bears. With that being said, we are seeing the first weakness kick in since October 16th (2 months of straight green candles).
Now that the first weak link has accrued, we are seeing a nice start of downward movement, which can easily reclaim a lot of FVG zones on the lower timeframes, where also the majority of liquidity is!
The start is nice, so let's see if we can keep it up from this point!
BTCUSDT IGNITING AN IMPULSE BEARISHAs an update from my first post on this new account, I'm showing u that on this 30m BTCUSDT chart that price is heading in a potential impulse wave (Elliot Wave Count). So, look on Chaikin Money Flow and u'll find a strong bearish divergence printed! Bears on command.
EURAUD - Wait For It ⏱Hello TradingView Family / Fellow Traders,
📈 EURAUD has been overall bearish , trading inside the falling channel in red and it is currently approaching the lower red trendline.
Moreover, the zone 1.6 is a robust support level.
🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the intersection of the green support and lower red trendline.
📚 As per my trading style:
As EURAUD approaches the red circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
USDCAD Trendline Break PullbackHi Traders!
USDCAD has come a long way down since the 3-month trendline break, and there is a possibility that the pair is oversold.
Here are the details:
After the trendline break, the market had an aggressive push down and has looked to have consolidated around the 1.33498 level, which is now the support area. If there is a hold above here, the market is likely to pullback upwards.
Preferred Direction: Buy
Entry Level: 1.33900
Stop Level: 1.33410
Target Level: 1.34879
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
🔄 Ethereum (ETH) Analysis: Oversold Conditions,Potential RetestAn analysis of Ethereum (ETH) highlights oversold conditions, potential retest, and resistance levels, providing insights for market participants.
Key Observations:
Current Price: Ethereum is noted to be trading at around $2,290 and is considered oversold on the daily timeframe.
Potential Retest: The analysis suggests that the price could be on its way to test the $2,400 - $2,500 area of resistance once again.
Resistance Levels: This is the same area where the price faced rejection last week, indicating a key resistance zone.
#Ethereum #CryptoAnalysis #OversoldConditions
Ripple(XRP): Multiple Selloffs = Soon Drop?We've observed significant sell-offs, characterised by long wicks, which indicate selling pressure. The market appears to be bouncing, forming a series of broken zones, yet no significant movement to lower zones has happened!
As we navigate through this choppy terrain, we're keeping a close watch on the intersection of the Bollinger Bands' middle line and the major support trendline. A decisive break below this confluence has intensified selling momentum, pushing prices towards the lower Bollinger Band or beyond.
Our gameplan is to wait for some sort of re-test in the upper zones (closer back to the middle line of Bollinger bands). Once we are near that zone, we are going to look for a potential further downward movement, and we will catch it as well if we can.
Price on long term demand zonePrice is consolidating at the demand zone from 1998 and is clearly oversold. It won't take much more time to start climbing up. I already have a long position but still good time to jump in. My TP is around the 30 level but is probably too ambitious, I will take profit on the way up. There is a resistance at 26, be careful with that one.
LRC Loopring - Quiet before the STORM ?Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Loopring / LRCUSDT has been trading under its 50 day moving average for a few weeks now (this is the weekly chart). This means that the chart is heavily oversold from the MA perspective and a correction is due.
This is bullish, because a correction back towards the 50d MA is expected , even if we get rejected there it will still be an easy, low risk high reward setup that could provide +140%. Keep an eye out on this altcoin and the price action along the moving averages !
Have a great weekend, the charts will be here on Monday 🥂
_______________________
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We thank you for your support !
CryptoCheck
CAD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Oversold + Demand zone
🟠 EP 0.64492
🔴 SL 0.64130
🟢 TP1 0.64861 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.65228 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.65607 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
AUD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Oversold + order block + Demand zone
🟠 EP 0.57523
🔴 SL 0.57369
🟢 TP1 0.57675 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.57830 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.57986 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Updated Top Based On 4103 BottomIf Primary wave 1 finally ended, this the preliminary path for the remainder of 2023. The ABC waves are based on common movement and duration if Primary wave 2 is 278 hours long and moves up 307 points which are the preliminary targets. Once Intermediate wave A ends, updates for B and C (same endpoint as Primary wave 2) should be available. These targets are almost too perfect to be the specific reversal points, but the reversals should exist in the highlighted zones.
The percentage levels on the far right have not changed from the last analyst however, the end point in the final week of December is an adjustment based on the two extra days added to the end of Primary wave 1's analysis from Wednesday.
Some good volatile trading ahead.
EURCHF - Now OverSold ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, attached on the chart, we have been looking for sell setups around the upper bound of the red channel.
EURCHF traded lower and it is now approaching the lower bound of the channel.
Moreover, the zone 0.945 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
As per my trading style:
As EURCHF is sitting around the lower red circle zone, 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
KDA - Great level to $tart DCA, very over$old on many timeframe$KDA Kadena is a very solid project. We have been following it for a long time.
Currently it is seriously oversold and it presents an opportunity to start looking for an entry.
Follow the analysis in the video to find out why we believe so.
Thank you for watching! Comments and feedback are always welcome :)
XAUUSD ↗️↗️ Demand zone+ oversold Hello Everyone 🙋🏽♂️
As we could see the price hit the demand zone with an oversold on the RSI, with a Bullish Doji Star . Strong buy .
in my opinion 🔴 Stop loss 1800
🟢Take profit 1 1850
🟢Take profit 2 1900
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
QBTS | Very Oversold Condition | LONGD-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.
NZDUSD - Wait For The Bulls ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDUSD has been overall bearish trading inside the falling broadening wedge pattern in orange, and it is currently approaching the lower bound of the wedge.
Moreover, the zone 0.57-0.58 is a strong support zone.
🏹 So the highlighted orange circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower orange trendline acting as a non-horizontal support.
As per my trading style:
As NZDUSD approaches the lower orange circle zone, 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