A big fall on AUDJPY - Selling at 92.20 There are many reasons to like this trade.
1) AUDJPY is overbought on H4. It showed a strong reaction at 92.25 and dropped.
2) It has made a double top on H4 with divergence.
3) There is a big pattern to sell.
4) There is a M15 sell pattern as well.
The move at a minimum should be aiming for 91.40 and then hopefully lower.
Good luck!
Harmonicsignals
NZDCAD: Harmonic Structure on 1H ChartSimple bearish setup on the FX:NZDCAD pair, from the technical point of view, the formation of a harmonic structure on hourly chart is possible. This setup has high risk of failure but at the same time we have a good Risk/Return ratio.
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ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3814
TP: 0.3941
SL: 0.3719
Bias: Long
The value projection of this pair for momentary shows a positive long predisposition. However most of markers like moving midpoints and oscillators are showing short signals , the qualities of the signs are extremely powerless. We can anticipate a long exchange from the ongoing setting.
QQQ Bear SetupNice setup here with great r/r. As you can see there is a good chance that we just completed an ending diagonal which is a pattern that breaks sharply to the downside.
We also have triple bear divergence on the RSI confirming weakness and the ending diagonal pattern, The harmonic pattern is not something I typically make trade decisions based off of however it does add more context and support for the setup overall.
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Nordex's YoY losses up 133% and Debt/Equity ratio up 54%FUNDAMENTAL ANALYSIS
Current liabilities increased 47% up to €3.4bn in 2022 from €2.3bn in 2021. Non-current liabilities decreased 37%.
Debt to Equity ratio (2022) = 4.42x
Debt to Equity ratio (2021) = 2.87x
Losses YoY increased 133% to €522 million. EBITDA turned negative in 2022 to -€244 million from €52,672 million in 2021.
Almost all Guidance provided in March 2022 was exceeded downwards except for Sales Guidance.
Positive side: Sales increased 4.58%.
TECHNICAL ANALYSIS
Since April 6, the company has entered into a downward trend that in Oct 2022 attempted to turn around. However, the banking crisis and inflation fears persist in a way that Nordex's stock performance graph experienced the appearance of a Bearish Bat pattern whose prophecy together with its recently issued FY 2022 results could materialise in the following days and weeks to come.
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3659
TP: 0.3478
SL: 0.3805
Bias: Short
Until further notice we are in a short predisposition. We are arranging short this instrument since there is a little yet possible space for cost developments among help and obstruction levels. As there is a distant chance of heading down, we are more keen on shorting.
ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3714
TP: 0.3880
SL: 0.3574
Bias: Long
For this instrument we are arranging a long exchange 4H time period. We want to underwrite from the long inclination. The cost is shifting up and acquiring strength in vertical course. Ideally a long exchange will hold meaning.
ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3976
TP: 0.4206
SL: 0.3817
Bias: Long
The value example of these instruments is getting more reach bound and offering less degree to take a greater or striking directional advances. The cost levels are barely getting broken because of absence of enthusiasm on the lookout. We want to look for open doors from the failures that exist on the lookout.
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3827
TP: 0.3622
SL: 0.3990
Bias: Short
Today we see no commitment of huge cost development. The ongoing cost setting uncovers some unremarkable trading open doors across different instruments. We want to go for our plotted projections while exchanging separate cash matches. The main thing is cash the board . On the off chance that we can appropriately deal with the position ,any predisposition can be transformed into positive result. Our projection is directed by short and long haul specialized and key investigation.
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3873
TP: 0.3655
SL: 0.4032
Bias: Short
For ADAUSDT we are more disposed to go for a short exchange. As we see the specialized point of view of the diagram example may not generally go with the central side of examination yet designs are created in the market by the support of large number of exchanges with their separate exchanging choices, so we can plainly see that the ADAUSDT has a negative predisposition and can go for a short exchange.
W10-5 QNT BEARISH IDEA (HARMONICS BEARISH PATTERN)The price action has created a harmonic reversal pattern, and it is expected that the price will retrace from the potential reversal zone (PRZ).
Sellers will remain in control below the PRZ. Before forming the harmonic pattern, a bullish divergence was observed at the RSI indicator.
SL & TP Levels are defined.
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3914
TP: 0.3677
SL: 0.4118
Bias: Short
ADAUSDT is moved by a selling pattern . However it shows average opportunity for going vertical, it will eventually get down to its own laid out negative pattern . By taking into account the value example of the pair, our predisposition stays bearish.