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Uptrend

Next major levels : 30500 (support) & 49000 (resistance)We are now in a good scenario of getting an uptrend which can potentially reach 49000 USD before august. The opportunity has started since this new easter week. The 29K-30K barrier is now more fragile than ever, and will be broken imminently. And 30500 will become a new support level. It's a long opportunity here. I have 2 cross-overs in my CMA indicator which I'm considering for a Takeprofit closing : 1/ When the green line will crossover the thick purple line, that will be the easiest to reach. (small profit) 2/ When the green line will cross over the blue line. Normally it should reach around 40000/42000+ Time will tell :) PS: a typo in the chart, please read ==> "30490 barrier is NOW breachable finally."
BITSTAMP:BTCUSDLong
by TradeWithAtemak
GBP-USD Long Forecast Update! Buy! Hello,Traders! GBP-USD broke the key Horizontal level at 1.241 And the breakout is confimred Because the 1D candle Closed way above the Level but now we are Seeing an expected pullback To retest the new support From where I will be expecting A bullish reaction and a Move up with the target Being the next resistance Of 1.2629 but the local Target can be 1.255 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Long
by TopTradingSignals
7
US30 | INVERSE HEAD AND SHOULDER | Bullish An inverse head and shoulders pattern is a bullish chart pattern that forms after a downtrend. It consists of three lows, with the middle low (the head) being lower than the two other lows (the shoulders). The pattern is completed when the price breaks above the neckline, which is a trendline that connects the high points of the two shoulders. On the other hand, the CURRENCYCOM:US30 US30 chart a pattern of lower lows and lower highs is typically associated with a downtrend, as each subsequent low and high is lower than the previous one. This suggests that the market is making lower lows and failing to make new highs, indicating a lack of buying pressure. It is important to note that technical analysis is just one tool in investing and should be used in conjunction with other forms of analysis, such as fundamental analysis and risk management strategies. It is also important to remember that past performance is not necessarily indicative of future results, and investing always carries risk. Follow For more Ideas.
ULong
by awaisulabdeen
2
NFLX in a continuous uptrend give multiple opportunities to joinTrying to join NFLX uptrend on two different opportunities. I will be taking the trade on the marks shown with the Long Position Tool. Risk: 0.59 per share Shares: 169 (total $100 risk) First target: 323.55 (2:1) Second target: 327.63 (5:1) I will evaluate first target according to the chart conditions when trade is triggered. If price hits the stop and starts going back in the trade direction, I'll take the trade a second time as price crosses back up the first entry point with same stop and targets. In case price hits stop and continues down, I'll defer to the next entry point detailed on the next trading idea.
NASDAQ:NFLXLong
by mdougllas
1
KOLD uptrend inside uptrend inside uptrend and possible going upThe oversold AMEX:KOLD presents us with an interesting pattern of 3 uptrends inside each other on the 15 min chart, coming from a daily reversal. The zone on the analysis is located in a sweet spot, giving us the opportunity for a first target at 5:1 and second target over 10:1. Even more if we're wanting to be patient and wait for the breakout the weekly resistance. Risk: 0.76 per share Shares: 131 ($100 total risk) Target 1: 75.43 Target 2: 80.91 I will take the trade a second time if price hits stop loss and goes back up in the trade direction, as price crosses entry point going up. There's a second zone sitting right below the first one.
AMEX:KOLDLong
by mdougllas
AUD/NZD Uptrend setting up possibly. My prediction is that price will reverse upward from these lower levels. I've added an element in my algo to detect where price doesn't go in a given day. From backtesting and spending hours analyzing across multiple pairs, I can confidently say that price usually fulfills a set range before extending to lower or higher price levels. When it doesn't fulfill those prices especially over an extended period of time, there is a strong reaction when it comes back later. Especially much much later. I believe that I'm seeing that setting up here. If price doesn't come down and continues up instead, that's fine. I'm only comfortable buying when that level gets hit. It's definitely a setup I'd take even if I may be wrong. FX:AUDNZD
Long
by PEAKFINDER