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Patiencepays

EurJpy headed towards the SKY?Follow for more analysis. 1:4H/1H: Market in a bullish run making HH/HL. 2:Market broke previous HH and now retesting it at level 123.000. 3:Looking left 123.000 level has been holding the price strongly(in past). 4:Big bullish candle showing strong buyers in the market. 5:Market at 61% level of fibs(golden ratio). 6:Now let the market break structure on 1H TF as well for more conformation 7:Or let 123.400 minor level break on 4H TF or limit can be set at the level. 8:Wait for Bullish engulfing or pin bar or any strong candlestick pattern. 9:Setup may perform next week. Note:this is not a signal, the purpose is solely for education and understanding. :Trade at your own risk.
Long
by Ali_Talpur
1
Without a technical outlook your missing 50% of your trade......Just wanted to show a simple approach to understanding you don't need a lot a shenanigan's to understand what the F is going on. Just a sweet technical outlook, mixed with the fundamentals for a long term outlook. You should be styling my friends.... Considering there is still a CME gap around the 9,600 range, I would not be surprised to see a pump then retracement to around the 9600 levels to fill the CME gap before the next big push. Either way got to wait to see what the charts say for the short term. For the long term BTC blow off top I think we can see a range of 100k to 500k by Dec 2021 based on the fundamentals. Knowledge & Patience is what pays! Make sure you don't take my word for it tho because I am not a Financial Advisor. Do your own DD. Thanks!
COINBASE:BTCUSDLong
by CryptoVallster
1
TP2 Area reached... Now at 100 pips in profitSlow and stady wins the race.... This pair now at 100 pips in profit, We continue to hold! Hold your winners TEAM!!! What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too!
by congibb
SPR has Massive Upside for Long-Term InvestorsThe support levels (~19.00 and ~17.00) for SPR have been tested on many occasions. This beaten-up stock has very little downside at current levels. The dismal outlook of the aerospace industry has already been priced in. SPR has a partnership with Virgin Hyperloop to manufacture infrastructure needed to build the next generation of high-speed rails. For a company trading at book value and potential for huge growth (with the rebounding aerospace industry, defense industry tailwinds, and a revolutionary rail system), investing in SPR could bring massive returns for long-term investors with patience.
NYSE:SPRLong
by DanEllsworth
Finally the end of the bear, start of the bull?Hello traders, hello hodlers, i hope you are all fine in terms of your health because of the global pandemic! The most informations should be very clear in the chart. I really like to watch in big time frames, because i can see much clearer where we are now. Good news: - we have exiting the downward channel, which we were in since mid of 2019 - we are above the 21 week EMA - we are above the multi year resistance (since 2017 - last ATH) - we are in a period of consolidation and stable price movement Bad news: - we are not above the multiyear support line (blue) Those are the facts without any speculation. Now the question is like every time before ... what will happen next? And my answer, my own opinion is: We will see higher highs, BUT we could again see a so called "shake out" which bring us back to 6,400 (in the worst case). I see no reason at this point, where we could fail and miss the next phase of a really big bull market. But i see many reasons why the market could try to trick people to sell there Bitcoin once again, before we are leaving those price levels forever. What does this mean for me? I will not sell, nothing... But if we drop again, i will buy as much, as the FED is printing money ;-) This is no financial advice, iám not your financial advisor. Only my opinion, my thoughts. Take your own risks, on your own choices.
BITSTAMP:BTCUSDLong
by Crypto-Coin-Trader
3
EUR / NZD Short OpportunityLiquidity sitting above those equals highs gives me good indication of where smart money is at. Also going to be very interested in the 1.7500 price level for a continuation to the down side. Higher time frames (Weekly , Daily) are showing overall bearish momentum adding another confirmation to my sell opportunity. Being that the market closed below the previous low on June 8th, the mitigation back up to the previous lower high is my main point of interest (1.7500). Going to be patient once price enters my point of interest. Risk Management always most important.
Short
by marcosmoreno_
AUD USD - awaiting direction - bias still shortHello traders and analysts, So currently we are in a range - and we will need to be reactive here on the four hour time frame in order to see where price will show us, rejections for buys or sells. What can be shown technically? MA Longs Short Total Long Short Avg_13 27,228 56,775 84,003 33% 67% Avg_20 33,541 66,392 99,933 33.55% 66.45% Avg_50 38,626 77,956 116,582 33% 67% So why is price bullish? Great question - at this present moment the USD is still showing signs of weakness, which is a tactic by the US government to create benefits for imports and exports - Trump is all about business so the sentiment of an attraction to a weak dollar is pivotal. Technical set up: Green zone - Weekly imbalance zone Blue zone - we have a nice supply zone which will need retesting 4 hour Fibonacci retracement is showing signs of Bullish momentum to go for a retest of the 0.703 area wick. At the moment the COT data shows signs of weakness but profits are still being taken and extended. We have two possible sell zones shown of where price will react for our view. Also is a buy position if price shows bullish signs. Fundamentals: USD stimulus package has not been agreed so can show signs of strength of GBP if this fails to transpire. Failure to lockdown the country and social distance for states.. cases growing. Vaccination attempts to drive market sentiment. - pump and dump for stocks who claim to have breakthroughs. USD safehaven upon tensions between HK move on China vs USA debate. USA - cases in multiple states are high risk, the disconnect is unbelievable. twitter hack will affect tech stocks and S&P for privacy laws. election taking place in November. AUS - Victorian cases all time high, borders between states are looking to re-open with exclusion of NSW and VIC. AUS has seen large progress with stopping COVID and has a weak currency battered by the USD in order to create strong trade balance and tourism prospects. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Thanks, Team Lupa
by LupaCapital
EUR / USD Potential Short OpportunityHigher time frame analysis painting a nice picture for bears to begin to take over with the Euro US Dollar. We saw an immediate reaction off of that 50% Daily Candle on June 10th and since then I have been simply waiting for the mitigation play all the way back to fill these areas of imbalance. 1.13500 is a key level of interest for me and I wouldn't be the least bit surprised to see price push up to that price tonight. Going to continue to be patient and pay close attention to what price is doing once it reaches my levels of interest.
by marcosmoreno_