EURAUD is testing the year's high. Being in a strong bullish trend it may easily violate that to the upside. However, with a current fundamental outlook, our team believes that the pair may retrace. This short will be very risky and aggressive. Don't risk much here! Goal - 1.6043 ❤️Please, support this post with a like and a lovely comment!❤️
Cup and handle pattern approaching IP was highly oversold in the last couple of months connected to a general small cap drop News situation is promising and I expect some more NR's connected to the international soccer business and other partnership or customers I expect a reversal from the current level with significant gains in the next weeks
On a macro level something very important is happening this week or next weeek: weekly MACD cross. Last bullish weekly MACD cross was on the week 12-19th November 2020. Price climbed from 11500 to 42000 in less than 2 months. 365% climb Last bearish weekly MACD cross was on th week 19 - 26th April 2021. Price droped from 56700 to 30000 in 1 month. 47% drop Next...
Its so early in the week, so cannot count it as a thing yet... but had to share, got me excited! WE can see the first MACD green weekly candle foirming on BTCUSD pair. that would be so nice to see the week close like this in 6 days! Of course there are many other indicators showing such strength too... feels like the bull run is on again!
FOREXCOM:XAUUSD There has been a strong support level since April 17, after the breakout that occurred on April 13. Also in the meantime, we can see a near resistance/ support level I confirmed these strong and near level by circling each testing that occurred on the level Also EMA 10 & 20 period tends to become the dynamic resistance Also have same view on 4hr...
$JMIA has been popping up with heavy bullish call buying and has formed an inverse head and shoulders pattern. Waiting for it to break the neckline with gusto to buy. A great name to trade, and a great time to go long.
NASDAQ:MRNA showing telltale signs of the cup and handle bullish pattern , with decreasing volume in the cup base and forming a clear handle after the all-time high, meanwhile MACD is crossing above the signal line inside "the handle".
***If you haven't read the first post, I would suggest reading that first part to get the full context of what I am about to talk about (check my profile). We are currently in the second step of what I coined the "Fortune Fractal" Pattern. The price action is around the SMMA 7 line, and it won't be long before a massive move to the upside could happen. I am just...
Busy chart. Stick with me though and I'll explain why I see $PLTR retracing one more time before we head off to +30 territory. Lot's of bulls on here, and I'm with you - but I think we need to wait before we empty out the coffers and pledge our unwavering allegiance to Palantir . Technical traders rely on the tenant that history will repeat itself. Let's...
Hello Trader, good mood and profitable trades ! SPCE Virgin Galactic Holdings, Inc 1D chart Long Falling Wedge breakout - bullback trade Fib channels MACD - bullish cross Trigger - Waiting for bullback- or bullish confirmation on LTF 🎌 SL - if price falls back in falling wedge or under 0,618 retracement⛔ TP - falling wedge...
Hello, A number of reports have been released in recent weeks that hint at travel becoming red hot as the world pulls out of the covid crisis. With 50% of US adults now vaccinated expect people to use those stimulus checks to book trips and travel. We've all been pent up inside. This is one of the trades I am most excited about For June - August. My personal...
Hello, The solar sector as seen by $TAN appears to be ready to stage a come back. Money has started to flow into the sector as seen on the CMF and is displaying bullish behavior. On book volume has crossed the average and appears to be showing accumulation of solar stocks. Momentum is returning to this sector. Over the summer months Jun-August we will probably...
Hello, $PLTR appears to be re-emerging as a bull on the 1D and 4HR charts. The on book volume is increasing so someone is buying an holding at this level. The price average is also pushing closer towards MACD 0 which could give rise to a bullish uptrend once again. This will probably take place across June. My best guess is that we could hit as high as 26 by end...
CHART CHECK: The last few weeks of trading have been marked by a general sell-off in the small-cap sector. As a result, the stock price fell from a 2021 high to approximately CAD $ 0.150. The current base appears to be a solid support level. The stock is currently heavily oversold. MACD looks strong and healthy and should help generate buy signals and put LQID...
IP / IPNFF is still oversold at the moment MACD indicator has recovered and is preparing to switch to a bullish mode -> buy signals will be generated prices of small cap companies should be rising again after the heavy drop and manipulation from April to mid May 2021 investors have not been rewarded so far despite of good news (partnership in NFT sector with...
KSM has been on a complete tear since last November when we entered the current upwards trending channel. Even through long periods of very high RSI the price continued to move up. However, KSM did not have a good April and slid back to the lower end of the channel. The RSI bouncing (circled on the chart) as well as the MACD crossing the signal line tells us...
EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase...
HNT has been trading in the same upward channel for all of 2021. It bounced off its lower trend line a week ago and has recovered. It is currently meeting resistance at its previous ATH daily close at $18.50. I expect it to close well above this today and to continue its breakout. MACD is looking good and it seems that HNT is going to $30 in the next couple of...