Chainlink still up in H4 timeframe; $15.70 USD target!!!Chainlink still bullish in short term toward above of $15 dollars. But, my own target will be $15.70 USD to get the benefit of this cryptocurrency.
Yesterday, the bull candlestick it's noted that investor are buying Chainlink, so prepare for the next massive and huge movements of Chainlink, at the moment I'm in profit from $13.28 USD, that was my entry price to long position in a good zone that today I update a new Daily zones formed!!! And also, noticed that we entry in the confluence in hte 0.382% of Fibonacci making a good bought position, and the MACD bar show weakness of he sellers, so that it's a good point as reference that crypto it's prepare right now to up in the next hours.
Good luck in this position!!!
Timeframeanalysis
Zoom Video Communications, Inc.Since Slack ($WORK) hasn't been doing as well as Zoom in the WFH space, I felt the need to look more into this stock.
Do you all see the H&S pattern like I do? My drawing to outline it's direction isn't the best, but the market doesn't always give you the perfect pattern. I would look for a drop in price. However, we might see a move higher up before a big tumble takes place. I would simply wait for a B.A.R. of the neckline & diagonal support to go low OR a B.A.R. of the high in order to execute any bull orders.
We shall see...
SLACK TechnologiesFundamentals:
Salesforce.com acquires Slack for $27.7B.
I would like for price to reach between the $24 - $27 levels.
Bitcoin UPdateNice bull run, huh?!
I can honestly see Bitcoin reaching $20,000 before the end of 2020 IF it can keep this bullish momentum going. However, the bears don't want you to sleep on them just yet because there's some barriers waiting up-top and P.A. is currently stalling at the moment.
Bears: I would wait for a B.A.R. of the $15410 level to short down to $14000.
Bulls: I would wait for a B.A.R. of the $15679-$15823 levels for buy opportunities.
There's order blocks up ahead so stay nimble.
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GBPNZD SHORT Previous video talks about the analysis i had on the pair , had a confirmed M1-M5 transition lets see how this plays out !!!
Please like and comment it pushes me to keep creating content on pairs and my bias on it :)
-This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
EUR/USD bearish on the 4H timeframeHello guys ,my previous EUR/USD analysis worked out pretty well we hit the TP for 220 pips. I made the call in the 1H timeframe, AND looking at the 4H timeframe currently I think possibly we could see a downward continuation of the price until the 1.1285 level.
What are your thoughts........?
CAD/JPY LONG POSITION, head and shoulders patternOk, so... Ahh... it's going to be fast comment. I'm tired tonight but I feel good enough to make some analysis. I'll probably go do some backtesting soon.
Pros:
-1h, the trend line goes up
-1h, head and shoulders pattern
-1D, good bounce from resistance
Cons:
-1W, is in downtrend
-4h, is in downtrend
-1h didn't break the suppor line yet
All, I can do right now is waiting. If everything goes like I see it, I will delete take profit and manage my trade by moving my stop loss.
EJ 55 pips Sells Breakdown 06/10/2020The first time price broke below support which was required for sells, resistance was formed but we never got the final confirmation required to execute on sells. Price then broke back into the range before we took an entry.
As we had already formed resistance, I was happy to go down to the 5m timeframe to confirm sells. The next 5m candle broke back below support signalling a fakeout, this meant there was a high probability price would drop to the next support.
My confirmation to enter sells was when the next 5m candle broke below the previous candle. Stops were above the previous 5m candle and the targets were 124.200 and then if we broke below that support, we expected price to push down to 123.885. Both of our targets were smashed.
When we broke below the first support, we moved our stops into profit following market structure to make the trade risk and stress free.
EURUSD Mark UpdateConfluence (at least 3):
1. 2nd touch of diagonal resistance.
2. HTF O.B respected.
3. HTF O.B B.A.R.
*Over 500 pips of potential profit margin underneath*
Let's see how this one plays out.. stay flexible.
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AUDJPY BIAS We got price holding at weekly demand i had drawn up ( green zone ) and is creating support as you can see on the 1 hr timeframe and the 30 minute timeframe as well .Price can either break demand retest and follow through or reject and go to the upside , from what i see im leaning towards the idea of price going towards the upside BUT , you can never be to sure , only take the clues and hints the markets give you and never pull the trigger unless your 100% sure of the outcome ! , Happy trading everyone :)
This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
NZDUSD Possible Short ScenarioEn ausencia de eventos de movimiento del mercado en los próximos 7 días, la reciente contracción de $ 74 mil millones del balance del banco central en la última semana, lo que podría ser un factor subficiente detrás del reciente aumento observado en el dólar estadounidense.
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