EURUSD - long for possible bounceFX:EURUSD long may be attempted. After failed support breakdown in late July, there were two relatively strong rallies in EUR, followed by relatively sluggish corrective moves down on MACD divergence.
Possibility that we would see another rally somewhere from current levels is quite high. And trade with stop at around 1.105 and target at around 1.125-1.13 may be attempted.
Rally
Small yoyo but UPDon't think the up move is over. Not on my daily graph at least.
A down correction is preparing. It won't last since bulls
have not finished their up cycle (It's seen only on a daily chart).
Note the level at 1.06303 it's a key level. It'll surely become
a weak resistance level (easily breachable).
Price will possibly climb fast to 1.06303 after the down correction.
watch also level at FIBO(1.272) it's a nice level for Bullish trades since
it synchs with a big old candle weeks ago.
FIBO1.272 is linked to price at 1.07302. To view that level shrink the
graph a bit vertically.
price a 1.07302 will be a real resistance line (=FIBO 1.272)
Don't take my words for granted, do your analysis and trade at you own risks.
If you like my analysis hit the like please, and subscribe also.
thank you
Forming downtrend to 9650IT seems we have the beginning of a downtrend, which is confirmed on my Daily chart
but it should be a fake downtrend.
it won't be a Bear rally, but a correction to "rebound up" , because bulls are still in control on the long run.
So price should comeback to a bullish mode after that correction, and price should still keep on moving over 11K (let's hope)
G1 Therapeutics RALLYEarnings/News
Co's lead cancer therapy, trilaciclib, gets FDA's "breakthrough therapy" status, which is meant to speed up review of drugs that treat life-threatening conditions
GTHX says it will present new data on three of its drugs, including trilaciclib, at an upcoming conference in September
FDA's move is a recognition that clinical data presented so far reflects the potential for trilaciclib to address an urgent unmet medical need - Cowen & Co
Analyst Actions
JP Morgan Upgrades G1 Therapeutics to Overweight From Neutral, PT Raised to $45 From $38
Delayed tariffs "for Christmas" might help HASBRO
News/fundamental
The USTR says that the tariffs on some items, including “certain toys,” will be delayed until Dec. 15.
September is a key shipping month for those companies as they prepare for the holiday shopping season, when the majority of the industry’s business occurs.
Hasbro told CNBC earlier this month that it would have “no choice but to pass along the increased costs to our U.S. customers” if the tariffs were put into place.
--
Great risk reward ratio.
BTC – optimistic outlook. $560K in 2 years time possible.Hi Guys!
We are in the middle of the summer.
Volume is down.
But let’s try to imagine and predict the next 2 years of BTC behavior.
We are sure we will reach the sky (at least from the current perspective).
We discovered a great indicator made by Lazy Bear.
It is public so you can take a look at the code but in general, it operates on the average of the highest, lowest and close and its ema in the given time.
So it looks interesting.
We used a 1W interval.
We noticed that once the indicator crossed the level of 30 it was above it for another 854 days.
There were some fluctuations afterward but they were all above this line.
As you can see the indicator crossed this line at the end of April 2019.
We should stay above, till the end of August 2021 .
As right now the volume is rather low we don’t expect much demand and supply.
The price should stay between $9K and $12K.
We expect to observe a strong rally in Q4 2019.
We may go as high as $40K -$50K at the end of December 2019.
Do you like such a scenario?
Please do tell us down below in the comment section.
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team
300% GAIN FOR BITCOIN IN 8 MONTHS! 48,000 INCOMING!
Bitcoin on the two day and gold on the monthly are following essentially identical market cycles with the same pattern of expansion compression. The similarities are uncanny and the widespread bias is currently bearish, the sentiment of "this is a sucker's rally" can be found on a vast majority top posts throughout the tradingview ideas section. Hopefully this idea can make its way to the very top!
This is the perfect time to buy in with minimal risk!
We just saw the bullish Daily CCI roll on Bitcoin which has been our ideal trend reentry signal for the past month. If we break a lower low, we will simply reenter bullishly on the next 14 period CCI roll. You can set this up your self by loading up the default Tradingview CCI and setting it to the 14 period. When the line goes below the -100 and crosses back up above, that will be your buy signal if this current trade fails.
As long as the upward trend is defined, you can take this signal as many times as you like.
Always use good risk management and godspeed! Make sure to like this idea if you found my thoughts particularly revealing. This may very well be the lowest bitcoin ever goes for the next two years. If we make a lower low, I'll wait for the CCI roll and say it again! It's ok to risk 5% when your upside is 300%.
BTC rally looking for key levelslooks like the bulls came back for now with a nice 1k pump to break out of the channel to the upside with some really nice volume, To continue the bullish run im looking for a clean break above 11k and consolidation. 11k is just above the 21 Daily EMA and being back above that would be a nice bullish move for the next leg up there is a possible inverted H&S which if plays out could take us back up to around 12-13k. However a break lower would put in another lower high and id be looking to retest down to 8500.
precious metals futures trader predicts metals exceed 2012 highssilver trader predicts non rusting physical Commodity Rally starts July 2019 lasts till October 2020 that potential to be a wild rocket topside. with GC 2019 target of 2080, GC target 2020 4044.40 peak in early 2020.
expecting large volume market participation to sustain and continue increase thru 2019, into 2020.
Ready set. High HO Silver.
Trade-war relief - July 2019Trump and Xi Ping have come to a tariff truce at G-20 this weekend.
Trump is now using Huawei (previously blacklisted, banned, etc.) as a bargaining chip, allowing TEMPORARILY, U.S. companies to continue doing business with China's Huawei.
Here is a list of Top 20 U.S. based Huawei suppliers . I believe most of them will rally this month (July 2019).
- Percentage number next to stock symbol is the revenue exposure to Huawei
Intel (INTC) - 1%
Advanced Micro Device (AMD) - 2%
Broadcom (AVGO) - 6%
Qualcomm (QCOM) - 5%
Microsoft (MSFT)
Nvidia (NVDA)
CommScope (COMM) - 2%
Texas Instruments (TXN)
Seagate Technology (STX) - 4%
Micron Technology (MU) - 2%
Qorvo (QRVO) - 11%
Flex (FLEX) - 5%
Skyworks (SWKS) - 6%
Corning (GLW) - 2%
Analog Devices (ADI) - 3%
NeoPhotonics (NPTN) - 47%
Western Digital (WDC)
Lumentum (LITE) - 11%
II-VI (IIVI) - 8%
Finisar (FNSR) - 8%
Maxim Integrated (MXIM) - 4%
Keysight Technology (KEYS) - 2%
Marvell Technology (MRVL) - 1%
Note: Trump can go back on the Huawei deal at any time.
bitcoin BEAR market rally analysis- continuation playing devils advocate
*HYPOTHETICAL*
this one gives a better timeline analysis IF this is actually a bear market rally, and how + when bitcoin could will break out of the hypothetical bear market rally
this one is primarily so that i can save an idea without actually saving it.
welcome to criticism and debate
2012 Rally fractal comparisonWell here it is again, the good old 2012 rally.
So far, it still has some similarities. But unfortunately with fractals we can find similarities everywhere, so it of course will not magically tell us that this is exactly how the rally will look :/
But is still interesting to see. The gold fractal doesn't fit any more, because it would have needed to dump at 13k, but it just ignored that resistance.
So therefore maybe this fractal is a more accurate one.
With the Ledger X futures approval, and Bakkt not far away, I can definitely see this beast hitting ATH, or a bit above.
Then a few months of sideways, until the big one then comes next year right for halving.
However, we could also see BTC just continue to climb well above 30k directly from here.
I am quite unsure, since BTC is ignoring any TA at the moment, hehe.
But still fun to speculate.
ETH – one of the 1st candidates to rally once BTC crosses $10KHi Guys.
Still, ETH is much undervalued vs BTC.
The price is still in the buying zone .
This level is very strong resistance which is present since the end of 2017.
It is very unlikely we fall below this level.
As the crypto market re-borns a demand for coins should be growing .
Ethereum is widely known with a large market cap and with a large community.
They also have one of the best coding engineers and business people on board .
So BTC is about to cross $10K . This is 50% of the top value.
Zone above this level is considered by many investors as a safe level to enter .
We think once we cross this level and we will be able to maintain there soundly the alt season will finally come .
Take a look at the charts.
Here are the details of the technical analysis :
• The price is very low – one of the longest support
• 400% gain is possible (mid/long term)
• If you want safer trade to enter long when the price is above 0.042 BTC
• WBM BUY/SELL Indicator – the price is oversold . This is a good moment to enter.
• The supply is still strong . We need more demand.
• The dynamic support was defended
So Traders.
Be prepared for a rally.
It can take a while but ETH is a solid project and you can not afford to not have it in your portfolio .
Did you like our analysis?
Hit a like to support.
Write in the comment section what your expectations are.
Thanks for reading.
MASSIVE Hugs!
WBM Team.
Monthly upper bband will be strong resistance at 12-13KIt has been a while since we've taken a look at the monthly picture.
We can see that the monthly candle from May went effortlessly through the middle bband. This is a very strong sign.
Also, the monthly stoch RSI, is going from oversold to overbought, which traditionally has always been the beginning of the
new bullmarket.
Therefore I think that BTC will not go above 12-13K in this run, as an upper estimate. We need a long while of sideways consolidation,
with some dumps here and there, down to the 6-7k range.
After a long while of slowly creeping upwards, we'll pick up steam again to get to new ATHs by the late 2020, early 2021. Peak sometime in 2021.
100k lower target, 200k upper target. Let's see :)