Sell idea on AMZN as you can see on the chart if only if we have the breakout with force the support line by a big red candle.
I got a long signal from my screener for weekly chart. I am uing 2 different fibonacci strategy for the target. TP1 2.24 Tp2 2.43 TP3 2.53 TP3 - My main target will be 3.75-3.78 Will stop under 1.74 weekly close. Thoughts?
NASDAQ:GILD has completed its bottom AND sustained the run up from the bottom completion, which provides strong support. The stock is now heading toward the previous resistance highs from January; this is not strong resistance. The type of sideways trend developing now builds energy that can easily move above that weaker resistance. Swing trade watch. Earnings...
Last week friday, I was expecting a rally to 5800+, and now we’re seeing the typical “Monday Morning Hangover” play out with the pullback I mentioned in the plan. As of now: 5763 is weak support. We need to reclaim 5782 for buyers to push for 5796+. If 5763 fails, 5746-43 next down. Full plan for today linked below
Today's economic data has created a massive intraday gap in GBPCAD (and other currency pairs). Such gaps are almost always closed within a reasonable period of time, which is why we are now taking a long position in GBPCAD.
Take a look at our analysis for GBPUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.308. The above observations make me that the market will inevitably achieve 1.318 level. P.S The term oversold refers to a condition where an asset has traded...
Hidden Divergence on RSI + ADX/DI doing repeat of 2017. Could see (and I would want to see), a double bottom 0.41 with lower RSI reading and ADX fulfilling the 3 circles. I'm not saying to sell XRP, because lot of us US folks need to wait 1 year before selling to avoid 50% income tax.
With no high-impact news today, the market is likely to stay in sideways movement until tomorrow. However, sudden developments from the Middle East could introduce volatility, especially for gold. Currently, the market appears choppy, forming a triangle pattern. If the price moves below Friday's low, the triangle may evolve into a bullish flag pattern. Despite the...
OANDA:EURGBP After the price reaches the specified level, Enter the SHORT Consider your risk management before entering a trade. This analysis is for informational purposes only and does not constitute investment advice. All consequences of using this signal are at your own risk.
Pair : NZDUSD ( New Zealand Dollar / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bearish Channel in Short Time Frame Demand Zone
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Fibonacci Level - 38.20% Completed " 12 " Impulsive Wavevs
US100 H4 Working from the slightly larger timeframes at the moment, as we are trying to block out the market open gaps/noise and surrounding factors. If the dollar is looking to trade closer to 103.000 we could see NAS fall in the short term and continue, but we could also see the correction unfold for the dollar. At the moment, we are in no mans land, we are...
Analysis and signal of the currency pair New Zealand dollar against the Canadian dollar Support and important number 0.83500 Target 0.84400
Is AUDJPY exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 96 What you guys think of it ?
After finding a bottom at $60,700, BTC's performance has left traders somewhat in limbo as they eye $53,000 and $66,000 as two main options for the near future, and as we may see, the bulls are leading the charge as they have managed to take the tug to their side by over 3% so far. Is another attempt at a new all-time high in play? Based on the recent price...
Gold made new higher highs last week but considering this we traded in a channel , for this week expecting to retrace back to previous levels of support at 2368/9 area which happens to be right on Fibonacci level 0.236 which we will use for entry , we are looking for a retest and rejection at 2368/9 for a take profit at 2677 which should be 376 pips , trade safe...
Following the Fed's surprise rate cut, we expect a decline in the dollar. The rise brought by last week's non-farm payrolls and hourly earnings creates a selling opportunity. We expect a gradual decline towards the 1.31 level in USD/CAD. You can follow the analysis for intermediate levels and the correction movements we anticipate. Intermediate level updates will follow