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Sentimentalanalysis

AUDCAD- Retracement of Liquidity/Supply ZoneTechnical Analysis: -From the 4 Hour and 1 Hour chart show strong bearish momentum. -Price has been in a downtrend since 26th April 2021. -We should wait for a breakout and a retracement of the supply/liquidity zone to look for a short setup. -According to the algorithm, price could drop down 0.44% for the week and a further 0.60% for the month. -This is a good indication to enter short on this position. Fundamental Analysis: - There are are no high impact news for Monday 3rd May. - For AUD, there are two major impact news on Tuesday 4th May and I would avoid trading this pair nearing the time of news release. - For CAD, there are two major impact news on Friday 7th May and I would avoid trading this pair nearing the time of news release. Sentiment Analysis: - According to market sentiment, 94% of retail traders are short on this pair. - Normally I would go against the retail traders as 90% of them lose their capital. - Asset managers and institutional Investors are all placing short positions for this pair. Lets see how this trade plans out! Make sure to follow, like and comment your ideas for this pair!
Short
by LDForex_
BTC/USDT : We may see 40K in this week | Sell setup RR 11 BITSTAMP:BTCUSD Hello everyone 😃 BTC is at very important level now. MA50 ( 4hours TF ) is holding movement from below and MA50 ( Daily TF ) is controlling movement from above. So next hours will be very important for bulls to use MA50 ( 4hours TF ) to hold their lead on BTC ! Based on CME information : CME institutional are still very confident in the bear market, and they gained even more shorts last week, which are almost 3 times more than longs. Now Based on sentimental analysis; Market makers will try to take advantage of this status on mid week; So there is a chance to have a quick liquidity event specially on BTC which is going to be so quick to shake weak hands one more time... And it will cause a bull trap by doing this and then we may see more volatility on both sides and so; Day traders will try to cash out of BTC to see what will happen on market ! In continue we'll see a rejection on MA50 ( 4hour TF ); Because of recent cash outs ! We mentioned 3 types of vision on BTC ( Technical - Fundamental, Information - Sentimental ). After all the proper vision is for price action. There is a resistance zone ( 56750$ - 56300$ ) which formed because of master candle's shadow ( on 15mins TF ) and order block on recent retest on current level. So we expect a rejection here and below lower yellow zone ( 54400$ - 54000$ ) will confirm that bears are taking the lead ! BTC don't have enough volume to have a huge volatility in minor directions; And cause of this reason, Major lines will select the direction for BTC ! Now there is a major support line ( in low TF - 1hour's chart ) at 52300$; It's formed at the bottom of a gravestone DOJI candle. /" In continuation; If 52300$ failed to hold BTC, Then we may see a engulf formation on movement and make lower our targets to lower support zone ( 49500$ - 49150$ ). Also this support zone has formed because of master candle's shadow. ⚠ This setup is not suggested to in bull market; But in current situation with current BTC's dominance rate. It's highly possible for BTC to act as our plan ! 🔴 Any 4H close above 57450$ can invalidate this trading plan. 📌 The most important scales are moving averages; It seems that they are forming a triangle in continuation of their movement. Hope you enjoyed our analysis about BTC's possible rejection🙌 You can support us with your likes. Also you can share your opinion with us in comments 😉🙋🏼‍♂️ Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
71
EURNZD 1DWhich way is it going EURNZD? As you can see, in the daily time frame, the price is on a downward trend and channel,We have seen a weakening of buyers of the euro against the New Zealand dollar in recent days. That's why the price, which has once again reached the ceiling of the channel, we are witnessing stronger sales than the ceiling of the channel. Therefore,According to Bank of New Zealand meetings this week if monetary policy does not change and The weakness of buyers over the past few days and the resurgence of sellers is expected to continue the next move to the bottom of the channel.
Long
by faridrahimi
EURNZD 1DWhich way is it going EURNZD? As you can see, in the daily time frame, the price is on a downward trend and channel,We have seen a weakening of buyers of the euro against the New Zealand dollar in recent days. That's why the price, which has once again reached the ceiling of the channel, we are witnessing stronger sales than the ceiling of the channel. Therefore,According to Bank of New Zealand meetings this week if monetary policy does not change and The weakness of buyers over the past few days and the resurgence of sellers is expected to continue the next move to the bottom of the channel.
Long
by faridrahimi