JonasBuusJ

JonasBuusJ

GBPCAD is in a very clear sideways channel with well defined support and resistance levels, tested multiple times Hence we are looking to short the pair when the price is at the resistance level, and take profit when price is at the support level What are hedge funds and institutions doing? COT reports GBP Long change ______ Short change -9385 ____________...

JonasBuusJ

EURNZD has broken a long term resistance level at 1.75000 50 EMA has been below the 100 EMA since August 2011, but it now seems like it is crossing above again. I therefore see potential in buying a pullback to the previous resistance which would then act as support.

JonasBuusJ

NZDCAD is currently in a downtrend, and we are looking to short the pair when it is at the upper trendline. This point is also the 0.618 fib retracement level so we have confluence at this area. Looking at the weekly timeframe is also a good thing to do right now, with the increased volatility and market noise, so to eliminate that and get a clear view of what is...

JonasBuusJ

Hello We have seen crazy drops in markets in the past month due to the coronavirus and extremely high volatility. This drop in the market could be a good time to load up on som stocks since the prices are at huge discounts. But what exactly should we buy and when should we buy it. Well at the moment i don't think we have seen the bottom of this crash so i will be...

JonasBuusJ

USDJPY has made a retracement to the 0.618 fib level, which is also a previous support level now acting as resistance, and the 200 MA is acting as resistance as well As we can see there is confluence at this area and i believe the price will go down from this area COT reports are also showing that institutions are bullish on the Yen and bearish on the Dollar,...

JonasBuusJ

GBPUSD has broken out from the bearish channel and are now retesting the trendline The retest is also a 0.618 pullback so we can now wait and see if price is going to respect this level, and if so, we can take a long trade

JonasBuusJ

BIO has formed a bullish pinbar at the 100 EMA which has previously acted as support, so I would expect the price to bounce off this level BIO is also a fundamentaly good company, and the coronavirus hasn't really affected it as much as the overall stock market, so if we should go long in a stock, BIO could be a potentially good trade Because of the high...

JonasBuusJ

EURGBP is currently finding resistance at the 200 SMA together with the fib 0.618 retracement level. RSI is also overbought There is confluence and we can therefore look to short the market

JonasBuusJ

EURNZD has hit previous resistance zone and are now looking to come back down again Hence we can short the pair now 1/3 risk reward ratio

JonasBuusJ

ZTO is on a clear uptrend and showing strong support at the 100 EMA, so we will be waiting for the price to bounce off the 100 EMA again before buying The reason i am looking at a stock from china, is because of the big drop we have seen in the us stock market and it is difficult to predict when and where the market will find support and rally back up Because of...

JonasBuusJ

EURGBP has formed a double top at a resistance level, previous acting as support This level is also the 0.50 fib retracement level Hence we can short the pair now

JonasBuusJ

CTVA has formed a double top at a previous resistance level, where price has never been able to push above. Also price has formed 2 bearish pinbars which could indicate a reversal. I also really like this trade because the stock is in the Basic Material sector, which has been the worst performing sector in the past year, so it makes perfect sence to short a...

JonasBuusJ

USDCHF is coming up to the fib 0.618 retracement level and looking left, this level has been a clear structure level, so i would expect the price to reverse in this area. If we look on the H4 timeframe the price is in a rising wedge right now, and what i could see happen is the price make a fake breakout to the upside touching the 0.618 level, before coming back...

JonasBuusJ

BCE is at a strong resistance area and i expect a lot of sellers to short the stock in this area, and with the RSI being overbought i think this could be a good short trade SL above the previous high at 49.64

JonasBuusJ

CBRE is on a clear uptrend with high momentum Price formed a bullish pinbar with higher volume than average Price bounced of the 20 EMA which has shown strong support over the last 3 months I believe the price will continue up for some time, hence we can buy now SL below the pinbar

JonasBuusJ

CNK is on a clear downtrend both on the daily chart and the weekly chart Price has formed a bearish pinbar with higher volume than average which could be an indication of further downside Hence we want to sell this stock We don't want to be greedy so i am looking for a 1/1.5 risk to reward on this trade My SL is placed above the high of the last 5...

JonasBuusJ

USDCAD is currently at a resistance level (look on higher timeframe) Price formed a rising wedge and has now broken down indicating bearish momentum Also MACD is showing bearish divergence, so at this point i would expect the price to make a retracement to 1.32000 and maybe lower

JonasBuusJ

Yesterday, GOLD broke down from the up channel, and we can now look to sell when price retests 1571.00 Buyers failed to break 1595.00, and so therefore i think the price will continue down for some time, hence we can sell after the pullback