NASDAQ100 - CHART ANALYSIS Price has broken the descending channel and is likely to find resistance on the top of the newly formed ascending channel. We can then look out for the retest on the back side of the descending channel. This is where we can expect to take our swing trades for the LONG.
Technicals
GBP/USDGU has being rallying down since MAY 2021. It has reach a daily order block, after a bullish BOS on the weekly TF. On the 4H TF structure broke to the downside ( within Jun - Jul), and mitigated ( from Jul - Aug). The second mitigation has taken place on the 1H TF, exhibiting our rules of entry(BOS, 1st Mitigation with LQ grab, 2nd mitigation as trigger entry).
EURUSD Possible bullish channel...watch outhere is my channel for EURUSD for these days...hope to traders to use this at their trades.
$TUP food storage 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Tupperware Brands Corporation $TUP today at $7 per share. Our first take profit is set at $8.50. We also have a stop loss at $6.70
OUR ENTRY: $7
FIRST TAKE PROFIT: $8.50
STOP LOSS: $6.70
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EURCHF - SHORTAscending channel formed on the daily was broken, price action has could not be contained so has broken support zone. Lower lows and lower highs are on the horizon. Be cautious as this pair could be quite volatile. Tight stops and let winners run!
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Happy Charting!
CADJPY - LONGAscending channel formed on the 4H, price action has bounced off 618 fib level on the daily and we have seen a clear retest of 104 zone
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Nas100 Buy?Nas100 created a "W" pattern on the lower timeframe after a major sell off at the bell.
PPI came out with a negative so the market sold after a 100 point move to the upside post news report drop.
It reversed at the previous NY session low and bought up 142 points to the upside.
Based off the previous PPI outcome, I am still holding for a 300 point move to the upside.
Thank you for reading, always use proper risk management when trading! I personally never risk more than 1% per trading session.
GBP/USD ready for another leg to the downside?...There seems to be an everlasting weakness for the pound as the lacklustre story continues. As for the technical side, we are looking bearish here on the GBP/USD with potential for the next leg to the downside to occur. Overall from a weekly perspective we are looking ahead at 1.1800 being a long term downside target.
EUR/JPY downside leg looking prominent...After analysing the EUR/JPY we can see a potential short opportunity lining up. 136.50 could provide as a fantastic area to look for a bounce on this 4-hour descending trendline.
We have some EUR fundamentals heading into this afternoon. Ultimately the downside targets are 131.50 then 130.50. If we get this movement to play out, it will now likely occur over next week.
Gold Longs On 1H close about 1898 Hope all is well,
Sharing a technical analysis on GOLD as an overview my overall bias is long. Please be sure to always use proper risk management. We are looking for targets of 1913.5 depending on closure 1930 before a major sell off again depending on how price reacts when we reach the higher targets.
Gold must close 1H above 1898 for continuation to the upside. 15M TL is valid waiting for break and retest however I did enter longs already with stops at 1895.4
If you like the idea be sure to follow for more trade setups.
I would love to build a community of professional traders strictly watching gold .
I do dable occasionally into gold GJ but other than that you too should be focusing on mastering one single pair or indices.
EUR/USD heading towards 1.0500...After reviewing the strength building on the dollar, it is clear to see the strong trends forming across the major currency pairs.
1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away.
We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible strong movements into fresh yearly lows for this pair.
POSSIBLE FOR BUYSON THE US30. BUT WATCH OUT FOR THE M.MAKERSwhat's observable here is that this area is quite sensitive of the structure available in this zone. we have 2 structures of which both could be easily manipulated. in seeking the mounts of liquidity of these areas . i,e for the great push (bull run), which is still the bias of the market . but the market makers still need a huge liquidity for this. QN is, What would they do ?
trick the 95% of the retailers to sell , against their main intentions of buying . which is a way to formulate the need of sellers if they intend to buy . because genuinely we need a seller if the product you need to buy.
BE KEEN TO WATCH THE FRST 5 SYMBOLS THAT ARE COMPRISED IN THE US30. :-)
Short tradeThis can be viewed as a continuation flag pattern and also a double top (M) formation market
There are pure divergence from the RSI and also a fall out of the ascending channel
All this are confluence that the market will continue falling
DOTETH skimming the bottomDOT ETH pair is trading at the lowest levels going back to the beginning of the pairing. Up only, baby!
DISCLAIMER: I am not a financial advisor, this is not financial advice; do your own research; brush your teeth everyday; change your oil every 3k-5k miles.
Bears are weakening! Prepare Your Fund!Weekly Time-frame
New Candle for the week, seems bearish for the Awesome Oscillator Red Volume Bearish Saucer. Where we place the next long position was the exact Bouncing Area. If this holds it will continue to the Upside. Relative Strength Index (RSI) is about to be Bullish. Bouncing Area of $37,726 & $37,550. Rejection area of $38,435.
1D Time-frame
We need to close above $38,335 to hold the bullish trend of higher low. Today is still in extreme fear so we can expect a pump of $3-6k pump to the upside. Monday can Pump or Dump, or consolidate. To wait for the exit area of March 14 in the Ichimoku Cloud. Bouncing area of $37,726 where you can open long position. Rejection Area of $39,418, you can open short position.
4H Time-frame
4H Time-frame bottom is in!!! Entry at $37,726. Awesome Oscillator printed green volume, and made a bullish twin peaks. We can expect more to the upside if this continues to print green volume.
1H Time-frame
1H Time-frame bottom is confirmed both in H1 and H4. Twin Peaks bullish. Divergence trade incoming. Open long position.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
USD/CAD longUSDCAD has so far respected structure despite the fact that it's in a range, I'm looking long on the cad considering the fact that it's in a viable level of demand
GBP/UISD long term forecastGBP/USD has been on neat downtrend since January this year and we currently see an M pattern formation on the daily with resistance below neckline, we might as well continue bearish if we keep seeing resistance below neckline as marked on charts.
I will consider going long only if I see signs of strength above level A as marked on charts since it has consistently served as a level of resistance
$FB continue down trend$FB continues to down trend after the disappointing earning, backlash from the whistle blower, and continued pressure by the congress about the privacy.
with the overall market continue to trends down, there's highly likely that $FB will get dragged by it. i think in my personal opinion FB will be a dip buying
opportunity for long term. I think the metaverse will save Facebook 5-10 years from now when it fully lunched. but that future is still a bit far for now.
specially with US economy facing inflation or already are, plus the possible war with two countries Ukraine and Russia where US trying to get involve.
things might get complicated from here.
Day trade or scalp target play: 02/22/22
Buy call above 209.05 sell at 211.05 or 212.95
Buy puts below 203.98 sell at 201.98
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
EUR/USD stabilising on the 1.1300 base... EUR/USD seems to be stabilising the newly formed base at 1.1300. A recent weekly candle from 2 weeks ago, formed extremely bullish in alingment with the recent fundamentals suggesting that there will be a medium term upswing in movement.
Generally speaking a closure above the 1.1400 handle should signify a comfortable 100 pips into the 1.1500 region and beyond, and looking at the recent weekly chart, there are many confluences to suggest more upside action to come.
Tomorrows trading news look relatively choppy concerning the dollar and should expect a fair bit of movement in the London session. Overall bias at current market price is bullish. We will update this pair over the coming days to see if there is a potential spot for opportunity around 1.1400.
a BEARISH GARTLEY HARMONIC ON BITCOINThis harmonic could see us put in a "B" at approx $45k (a bit of a range).
Retrace the move back to $35k with a "C"
And then a final "D" leg to $48.1k
Ending in a rejection.
This Harmonic is also Confluent with some of my Elliot waves ideas
Tesla ~ TSLATesla can possibly see 870 and 813 as next supports.
Losing 900 will break this down towards 870 and if there's no buyers then this could easily drop 100 more points.
I'd look to buy TSLA at any lvl in the 700's.
