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US30 Analysis 02-22-22The market recently turned bearish to continue the trend but was met with a level of support on the higher timeframe. Looks like price is currently retracing. If price begins to form resistance on the 30m TF, there could be a possible retest of the low. If not, price can break above and continue to move bullish. 1. Price has formed support at a major level on the 4H tf 2. If price breaks and closes below 33920, it can continue bearish to retest the low it created and continue the bearish trend. 3. If price breaks and closes above 34130, it can continue bullish until 34350
U
by dreadhead4_life
13
XP. Brazilian brokerage leader.XP Inc. is a Brazilian brokerage and dealer company. It is one of the seven largest companies in the country with a capitalization of $16.8B. It is the leading low-cost financial services company in Brazil. XP Inc. gives clients access to a wide range of financial products, including fixed income securities, mutual funds and hedge funds, pension plans and life insurance, generates a large amount of media content and develops technology solutions to support its cloud and mobile applications. The Brazilian financial market is not very developed, most of it is made up of conservative banks with inefficient financial instruments. In such circumstances, the activities of XP Inc. can be called revolutionary on a national scale. At first glance, XP Inc. is at the peak of the current investment promotion trend. ➡️ The entire movement since March 2020 visually looks like an impulse and a correction to it. The structure of the initial growth is ambiguous, and the corrective movement in wave 2 (or B) is technically decomposed into a plane. In December 2021, the decline in wave {c} reached the level of $27.5 , stopping at it with a slight flat. At the start of 2022, we saw a false breakout of this level and a return to the top with the update of the last peak (iv)of{c} and the potential for the end of the downtrend. It is worth noting that in the area of the indicated level of $27.5 there are: 1️⃣ Corrective Fibo level 0.5 of wave 1. 2️⃣ Projection Fibo level 1.618 for wave {c}of2. 3️⃣ Strong volume zone $22-28 within the ascending wave 1. 4️⃣ The lower border of the descending pitchfork. 📌 Growth in January is like a expanding diagonal. I see a good opportunity to buy on a rollback to the area of $27-$29 . 📈 If this movement is an ABC zigzag, as a minimum target for further growth, I note the maximum level of the stock at $52 - $53 , which the price has already touched three times over the past years. If this is a start of a new impulse and we have leading waves 1-2 in front of us, then the adequate growth potential in wave 3 is at $90 , but it may turn out to be noticeably higher - the following projection levels: $120 , $142 and $190 . ➖ In theory, wave {c} may become more complicated or my initial counting may not be confirmed, then the fall will continue. Cancellation of the current scenario when the price goes below $25.5 .
NASDAQ:XPLong
by Dmitrii_Kachalov
11
Potential 5 wave move on the 1 Hour Chart Hello Again, I don't post on here often, neither am I a professional trader, however my first and only post thus far was fairly accurate so decided to give it another go, Please see this potential trade set up on the 1hr chart for GBP/JPY, Reasons are the following, I believe we may be in a 5 way move to the down , currently coming to the end of wave 3, We had an impulse move 61.8% Retracement Impulse move to 131.8% The next to moves 4 and 5 should be 38.2 % of wave three which is around 155.019 The move after that would be 100% of wave one which would take us to 152.783 PLEASE NOTE there is a chance that wave 3 has not completed yet and it could go down further to 153.537, if this happens I shall update my retracement and 5th wave target appropriately. Please see sl and tp on the chart. This IS NOT TRADING ADVICE, I am simply sharing a setup that I am interested in taking depending on how the market reacts up on opening tomorrow. If you have any different opinion or would like to correct me on my wave analysis please feel free to do so. also would love to join a a group on discord or telegram, of experienced traders that enjoy analysing and sharing charts, so if you know any please do let me know. I AM NOT interested in any paid signal services. I had an amazing 6% week last week and that was after losing 3% on Friday! (absolute shambles of a day) best week I have had in weeks. , hopefully well all have a successful trading week ahead. p.s I have linked my previously analysis to this chart for reference Good Luck all!
Short
by Ashsempier
2
SELL ON GOLD PENDING | PRICE ABOUT TO REVERSEAlthough a lot of people think that GOLD will continue higher after the breakout it did recently, I'm actually expecting the opposite. Make sure to watch this video until the end, because I also share another chart that is very similar to the chart on GOLD. Also, I'm sharing with you the next levels where I expect to see price. This is not a trading signal, but just my own opinion! Good luck! Leave a comment and give it a like!
FX_IDC:XAUUSDShort
by ForexTrendline
33
ATOS: Selling rallies as lower prices are expectedATOS - Intraday - We look to Sell at 38.73 (stop at 41.72) The medium term bias remains bearish. Trading within a Bearish Channel formation. A move lower has resulted in prices breaking from the previous range and confirmed our bearish expectation. The formation has a measured move target of 30.61. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 38.73, resulting in improved risk/reward. Our profit targets will be 30.60 and 28.00 Resistance: 38.74 / 41.13 / 47.16 Support: 36.40 / 36.00 / 34.62 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:ATOShort
by Saxo
GBP/CAD could show a bearish returnThe pair has been on a downward trend recently, but has been recovering since early December. The bullish trend is very strong on the daily chart, but the pair failed to close above 0.618 Fibb. We also have a bear candle at this level (4h time frame). It could be a sign of the bull's exhaustion. Also, if you look at macd and rsi, you can see a strong bearish divergence. I would wait for the breakout of this thin channel on the 4h time frame for a short position, also some confirmation of the bear candlesticks would be great. But you should keep in mind that this is against the trend, so protect your profit as soon as possible and keep in mind that risk mangement is key.
Short
by merjemascerija
2