Swinglong
BYND- Bullish continuation or distribution?Whether you like it or not, BYND is the first mover in the alternative meat industry.
There is just way too much upside and growth to be captured in this nascent industry.
Future trend toward green environment and sustainability will only push this industry higher.
Three scenarios-
#1. Test the local resistance one more time and break out of the bull flag pattern. Third time is the charm!
#2. Retrace first, then trapped shorts cover their shorts which propel the price higher. Swing long opportunity.
#3. Key support lvl broken. Long at the second key support lvl. Positional long opportunity.
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Incoming AUDNZD Long OpportunityThere are a ton of people buying AUDNZD right now. I'm not convinced it's time for the reversal juuust yet. I have a small buy limit sitting at 1.03900. That's the Fibonacci extension point from the original drop, a trendline point on the weekly chart, and a strong supply zone.
Watch out guys!So many people is waiting to go long here.
Is it the right place? yes, you can say that.
We have S levels, we have demand zones, we have oversold RSI etc.
But this trade is so crowded by now and that i don't like, coz trades like this one are so good for SL hunting.
So easy guys, take your time, give the trade some time, wait for
clean reversal signals, wait for bounce and retest etc.
My long term view for EUR is bearish. And yes it have to make a correction and i wish a deep one :) but don't rush!
The most beautiful channel i ever traded!CADCHF been channeling since Maj 2016, in a great way! But this time the channel lower TL meets with a very good support area which make me look very close for another opportunity to trade a new swing and this time is up!
Oil is also in a PRZ area, that give us another reason to watch this pair closer.
As always we don't just place orders just coz we have a good reason, we go down to 1H-4H and look for entry reason!
Like if you agree, follow and support please!