OMG! BTCUSDT READY for BreakOUT?? 🚀UPDATE ! UPDATE !! UPDATE !!!
Guys, we are currently treading on inverse H&S ( Head And Shoulder ). What that means is breaking to the Upside .
As I said in my last analysis, BTC did a significant drop from the Parallels channel and recovered to form a nice Inverse H&S.
Price Target : $48k - $49k
This is on the 1Hour chart.
We will be back for another update.
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STOCKS with a fake-rally?Good evening guys!
Damn.. what a sudden pump in the equitiy-market today ignoring all resistance-zones.
"Wall Street's main indexes opened higher on Thursday after weekly jobless claims hit their lowest level since the start of a pandemic-led recession."
To be honest: When I saw the jobless claims I was pretty confident for our trades as good economic data should increase the likelyness for a tighter monetary policy in the future and did not even consider to early exit.
That is by the way what I`ve mentioned with "it is tricky" as we don`t know how the market is going to react.
When I look at the entire market I expect this move to be a trap for "liquidity-monkeys" giving big players good prices to distribute more of their positions.
NZD/USD () aswell as AUD/USD () are both looking bearish to me not really following the todays risk-on-mood.
The volatility in the crypto-market is also showing less risk-appetite as Bitcoin moved up to 43.000 is currently below 40k, of course also caused by news from the USA (worries about the anonymity, money laundering etc.)... All very fishy to me...
However, EUR/USD is closed with -25 pips (-1%) aswell as NAS100 -160 point (-1%), while AUD/JPY and NZD/JPY are both still active looking goos for now as major supply-zones are holding.
For now I will observe how the market acts at the current highs and will check the volume before I execute any further trades.
Fundamentally it`s clear to me: Inflation aswell as the provided liquidity pushed equities and caused the entire rally.
More positive news from the USA should hurt the stockmarket and boost the demand for the US-Dollar as many shaky hands are sitting on their profits!
Crazy market! ;-D
EURUSD H1 SHORT TRADE PLAN PROFIT IDEAas you can see the big bearish bar close below the kijun and tenkan. this bar close over 1/2 the prior bullish engulfing bar. It mean the seller is stronger the buyer
also, the volume for this bar is bigger sma 50 volume, I mean this bar is good signal for open short trade plan profit
REEFUSDT - Next Movements - Possible BreakoutDear All Hi
Hope Allis Well With you
as you know : its NOT a FINANCIAL ADVISE , its Just a PERSONAL IDEA
as you see in chart : No Change in RSI , in 2 Breakout point
and moreover we have Decrease in PRICE
and with higher than 75% in RSI , i see a possible pull back in near future around 0.040 to 0.042
if REEF can Break this Resistance , then hopefully we can see 0.054 - 0.056
Have a Good TRADay
please LIKE and FOLLOW if you LIKE my IDEA
Regards
PeymanMo
EURJPY H1 - Long SetupEURJPY H1
Nice rejection from resistance seen yesterday, didn't quite pull down to our H4 support zone, but performed nicely nonetheless. Now we have broken resistance we could expect further upside corrections on these ***YEN pairs.
My only concern is GBPJPY, as we approach 151.000, this seems like a good short price to me. However, EJ, UJ and CHFJPY seem bullish still.
EURGBP SELL | Going DownHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURGBP .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
NZDUSD fall is coming | Going downHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in NZDUSD .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
POWW Breakout Stock AlertBREAKOUT STOCK ALERT
$POWW - AMMO, Inc. - Common Stock
Initial Alert Price: $6.15
Potential Price: $8.94
Potential Gains: 45.37
Stop Loss Limit: $
POWW is currently showing signs of retesting the $8.94 Levels of Resistance going into the next few days. Anywhere between $6.00 - $6.20 is a nice buy zone. This buy zone was created from the company announcing a $100M Stock Offering at $5 to access more liquidity, allowing for the potential to hop in to this trade for a great for a great swing trade but also a longer term hold. ith a Democratic Administration, we typically see strong movements in the Firearms Sector. Looking for a 40 - 45% Swing on the trade.
The company is currently not showing any fundamental information at this time to provide a better forecast for the long-term hold. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
BNGO Breakout Stock AlertBREAKOUT STOCK ALERT
$BNGO - Bionano Genomics, Inc. - Common Stock
Initial Alert Price: $9.18
Potential Price: $13.22
Potential Gains: 44.01
Stop Loss Limit: $
Looking for a 44% Swing on BNGO as we look to recover support above the $9.39.With the markets reversing from the pullback due to rising interest rates, we're looking of confirmation of support above those $9.39 of course to ensure we will continue moving higher to those $13.22 Levels of Resistance that we're looking to retest. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
ZOM Breakout Stock AlertBREAKOUT STOCK ALERT
$ZOM - Zomedica Corp. Common Shares
Initial Alert Price: $2.12
Potential Price: $2.35
Potential Gains: 10.85
Stop Loss Limit: $
As most of you may know, we've been monitoring ZOM over our Pre-Market and Saturday Coffee & Stocks Sessions, and we've been waiting for confirmation that the stock can break back above the $2.12 Price Levels. We will be placing a position on the trade at the $2.12 Entry Level and looking for a minimum 10% Swing while the stock shows momentum of potential finding support above those $2.12 Current Levels of Resistance. We will be looking to retest the $2.35 next to achieve that minimum $2.35 Levels of resistance next and then potentially moving higher back to those $2.91 Levels of Resistance for a potential 40% Swing on the Trade overall as long as the trade meets our expectations. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
GBP/USD – Week 8 – Waiting for a channel breakout.The British Pound has surged past the 1.40 level, reaching the highest point in almost three years. UK Markit's preliminary PMI’s came out notably above expectations, but the bullish move was primarily driven by a Dollar weakness, which suffers after last week's yield increase.
Our technical view remains unchanged, and we still expect the price to start a bearish pullback. Until we get a proper breakout from the contracting channel that we are currently in, the bullish sentiment will remain on the market.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
MOGO Re-Entry Breakout Stock AlertBREAKOUT STOCK ALERT
$MOGO - Mogo Inc. - Common Shares
Initial Alert Price: $8.11
Potential Price: $10.18
Potential Gains: 25.52
Stop Loss Limit: $
Re-Entry Trade Alert:
MOGO has consolidated from the $11.86 Breakout by finding strong support at the $6.85 Price Levels and currently confirming a reversal back to the upside to form a continuation pattern and potentially retest the $10.18 Levels of Resistance. The company has taken great steps in expanding it's online payment platform by announcing that it will be allowing Google Pay, Apple Pay and Samsung Pay it's online payment solution. The company also allows for Canadians to gain access to Cryptocurrencies, specifically Bitcoin and saw 300% gains from January to February in transactions. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
XTNT Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$XTNT - Xtant Medical Holdings, Inc. Common Stock
Initial Alert Price: $1.29
Price High: $6.58
% Gains/Losses: 410.08%
(+386% More Than Expected)
Potential Stop Loss: $6.251
XTNT broke out to $6.58 providing a 410% Return on our Initial Alert on January 5th, 2021 after the OrbiMed announced a 94.8% Stake in the company. Scalping profits on a breakout such as this one will encourage one to conduct our Split and Run Tactic of closing half of position to secure initial investment risks while allowing profits to continue collecting profits as XTNT is showing signs of falling into a continuation pattern after consolidating to the $5.50 Price Levels. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
ICLK Breakout Stock AlertBREAKOUT STOCK ALERT
$ICLK - iClick Interactive Asia Group Limited - American Depositary Shares
Initial Alert Price: $15.01
Potential Price: $18.44
Potential Gains: 22.85
Stop Loss Limit: $
Looking for ICLK to retest the $18.44 Levels of Resistance after consolidating during Tuesday's Market Pullback and finding strong support on the $12.71 Levels. The stock is showing strong compression for a breakout to the upside on the 1-Hr. EMA, and we're looking for it to bounce above those $18.44's to continue moving higher on the next month or so.
Long-Term Fundamentals show strength in holding this long-term with EPS showing growth around +264 YoY and NPM showing +320% Growth YoY. The company is set to go green on EPS and NPM throughout 2021 based on fundamental analysis and indicators. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
SPY Breakout or Breakdown? Market Direction
Please read the chart. Keeping it simple today. Will answer comments and DM's.
I'll add more notes as we progress through this current cycle. There is too much momentum currently riding to push us out of the recession unless we see really dumb policy or world events that makes the overall market tank.
Good luck & Happy Hunting,
Reg
RMO Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$RMO - Romeo Power, Inc. Class A Common Stock
Initial Alert Price: $18.53
Price High: $14.06
% Gains/Losses: -24.12%
(-48.93% Less Than Expected)
Potential Stop Loss: $13.357
RMO is currently being weighed down by TSLA which is bringing the entire EV Market down with it's current pullback. TSLA is currently priced at $735 Price Levels after retracing from the $860-$880 Price Ranges over the course of the last week. We expecting TSLA to potentially continue on a downward to retest support around $719 and $680 Price Ranges at it's lowest before showing signals of a reversal based on current moment. With that being said, we're expecting the same for all other EV Stocks and Plays to experience the same downward trend over the next few weeks potential.
In regards to RMO, we still hold our confidence strong in this stock retesting the $24 Price Levels and look at this strong dip as an opportunity to identify some better entry levels and positions into the stock for a longer-term hold, although it's current 13% below our 10% Threshold. We also believe we can make up for the short-term losses with other opportunities in order to give this stock the adequate to retrace back to the upside to retest those $24 Levels of Resistance.
We don't typically conduct this type of trade, but the downward turn of the EV Market was not foreseen, but this explains why we always suggest a 5% Suggested Stop Loss and 10% Threshold for members of the community who can not or wish not to wait out the downward direction of the EV Market to recover.
We will be sure to continue providing any updates on new potential entries into the stock as "New Trade Alerts" in order to track the trades occurring. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today