Gold Trendline breakoutGold touched 1800 before dropping back under 1776 resistance. Expecting a test of those same resistances before moves down to 1680 possibly.
A break of 1759 indicates further bearish momentum, and invalidation of this analysis. 1773-1778 is our target zone.
A hunt of 1780 would mean readiness for the drops, and would be our sell entry.
Trendbreakout
waiting for a confirmation in GBPCAD to go for LONGThere are some points that we need to mention :
as we can see in chart
1- an uptrend is broken towards down with a bearish Marubozu (almost) candle
2- we are too close to a great support level with 3 touches in past
3- RSI is in oversold range
So we can be hopeful to this nice support level for entering a long position
BUT we need to be PATIENT and wait for price action and confirmations ...
so let's keep looking at this pair and see what's gonna happen ...
Are u gonna be a bull or bear in this pair ??
I'd be glad if you comment your opinion and tell me your view about it :)
OANDA:GBPCAD
AA 200 MA and Resistance Break to Continue Bull Trend.AA is in a long term bullish trend. Currently it is on a pullback and I believe it is about to break out of that pullback and continue bullish creating a great swing opportunity. A few days ago AA released its earnings for the quarter and beat estimates by 15.95%. Just a few days later AA has now broken back above the 200MA and on top of that is broke through a resistance trendline. I believe that it is going to continue its bullish trend off this news.
perfect quick short entry on AUD/USDRejection off Downtrend channel
Failed to break through 0.76 resistance and find support above it
On Other side DXY broke through strong resistance and found support above it. We will see upside movements from DXY, expecting other currencies to drop against it
For AUD / USD short Entry: 0.76
Target 1 : 0.754
Target 2 : 0.74768 (if it breaks through Trend-line)
Possible TP's by breaking downtrendAs you can see, KSMUSDT has broken out the downtrend. Currently,
It tries to break out its previous peak which is a range between 405-412. If it stands on this area, the targets are shown.
Do not take any position without stop.
Glad to hear your comments, ideas and critics ^^
ENTX : Downside Vs Upside AnalysisTrend breakout analysis for ENTX:
Much more upside than downside from here as consolidation persists.
News from final 6months interim coming up in Q2 could bring good Volume back to this stock.
Shorts have been taking this stock hostage for a while now.. Longs will have a nice come back to newer highs if results are significant enough.
If you have any comments, opinions or something constructive to add.. Please feel free to do so!
Best regards,
Moder8
CIDM : Trend Breakout AnalysisThis is an analysis on behalf of the trend lines leading back to last year (incorporating short term trend lines ).. In my opinion we're either looking at a breakout to the downside with a minimum level of .70 (with a possible bounce back from .90 support level) or ultimately a breakout to the upside on the other hand in order to retest 2$ level.. If that breaks through 3.5$ would be a conservative target.. Let me know your opinions!?
As this is a heavily shorted stock.. I think this will breakout to the downside!
Before coming back up...
Best regards,
Moder8
Week 05: ZSH2021 Short Term BullishOn H4, the price has broken the down trend channel and making a Higher High.
From 27 January to date, the price movement is forming another flag on the higher band; also, to add some confluences, if we observed the Price Action on the candle stick, there were some rejection to go down.
Based on the above, I think the price will pick up some liquidity at $1,417 area prior going down.
Short term (1-2 days) will be bullish as we are still in bullish flag area.
XRP buy after retracement xrp could see a small pull before shooting off towards $1 (if regulated) if it surpasses we could see a $3-$5 XRP.
Look for entrys at 0.35 cents ish.
39-40 Cents Min.
Previous ceiling was 30Cents so 35Cents should be the new found floor.
Good Luck crypto gang GET THAT BAG 💰