I expect NIO to break out of the downtown since bounce of Demand, then hitting Demand-Turned-Supply causing it to drop and re-test the down-trend for a move to the upside breaking supply and reaching the next fib level at 38.50 This analysis could be used for day-trade or swing-trade. NYSE:NIO
Already bounced off a 4HR Demand area, looks like a decent day trade if it pulls back to a 45MIN demand zone and pushes higher. PT based on your preference. Could see 645. 660 but more so likely a swing-trade for these. NASDAQ:TSLA
Wait for a pull back to a 1HR DEMAND, expect a bounce and PT at supply. NYSE:SPCE
- Higher High for Uptrend. * Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio, - Command 1: risk / reward 1/1. 59% success percentage. - Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%. - Number of consecutive wins in the past: 9. - Number of...
This is a signal for a quick buy trade when GU bounces on the short term trend-line. * This is just my opinion and to be used for educational purposes only. This is not trading advice.
Expecting AUDUSD to rise to near 0.78 at the top of the current consolidation zone. AUDUSD recently broke out of a bullish wedge on the daily and ranging between 0.7680 and 0.7820. There is completed double top formation on the 4 hour chart and this next move would be a retest of the neckline. There's also a nice pinbar (dragonfly doji) at current support on the 4 hour.
With GBPUSD reaching support near 1.38 expecting the next move to return to resistance at 1.39. GBPUSD has been in an area of consolidation in a bullish flag on the 4 hour which is inside of larger bullish flag on the daily chart.
If we brake below 1.2030 then I will be looking for 1.1980 profit objective for shorts.
Technical Analysis: -From the 4 Hour and 1 Hour chart show strong bullish momentum. -Price has been trading in the ascending channel since 27th April. -We should look for a long entry on the retracement of the liquidity zone -According to the algorithm I use, price could shoot up to 0.59% and tomorrow with a 0.75% gain to the upside. -This is a good indication to...
Making Higher highs and higher lows, If we can clear this zone (258 - 259) we can try the next resistance area at 264
CAKE's price is going up but the volume is low, this indicates a divergent situation. RSI is overpriced, this could be a phenomenon called power zone, where the price will keep going up due to retail's excitement. so, based on my analysis the price will keep going up until $46-47 and then going down to the trend line i draw. im using snr and trend line drawings,...
Looking for 10% plus and holding for 2-3 hours or until market close
Good morning- crypto ger here for another xrp update- today is Tuesday April 27, 2021. Before we get into the technicals and all the fun stuff- please know that this is not financial advice, this is my opinion and my opinion only. Lets talk a little about the current trend and yesterdays performance before we get into the daily outlook. The price of xrp is up...
I also opened an AUD/USD-Long-Trade as I have a higher risk-aversion! I don`t recommend too risk too much in this market ahead the FOMC-Meeting but if you want you can follow!