Usd/Cad to almost 1.2800 seems more related to media speculation that incoming US President Biden will take executive action to cancel the Keystone XL Pipeline permit. Meanwhile, mixed Chinese data has not helped the Aussie or Kiwi resist the advances of their US counterpart as the former reverses from just above 0.7700 towards 0.7660 and latter tests bids/support...
Long entry idea @90, target 110-120 for a ~20% gain.
Please leave some feedback, what do you think about the situation?
Hi guys, this is my first idea post.
As you can see, the trendline is nice and exact on the 4H-1D chart. The previous earnings showed similar patterns, with similar hype around the ER. As i see the fundamentals are stronger now, but the...
Bandhan Bank Breakout On Weekly Chart.
Bandhan Bank had given a good breakout to its important support become resistance level of 402.
Lets we go through candle by candle from the week of 7th December 2020 where we had seen a breakout of 402 for the first time.
Definitely on week of 7th December 2020 we had clearly see the decent breakout to...
Will history repeat itself here?
retracement during the summer pulled back to fib 0.618 from ~6.40 to 3.75
if this pattern repeats, there's a possible pullback to 6.31 support from the previous high range of the band identified in my OCT chart for DOT.
I am long DOT adding to this position if this pullback occurs.
I consider myself more like a long term investor but here I see a clear short-term trade that can be made. You can buy now or wait for the confirmation above $23. SL is at $20.6. Sell as much you wish in the clear resistance areas. I personally plan to sell most of it at $70.
These are my personal opinions and by no means should be considered investment advice. I am not a Licensed Trader, Do your research. Let us get straight to my charts. My Stance on this position is relatively Bullish on the Shot Term. I am Using the RSI that is indicating that we are on a path to an uptrend since 17 of December 2020. When the RSI bounced above 20...
NASDAQ:QQQJ My prediction of where QQQJ is going short term (as of 01/18).
Short Term (3-8dy)- Im expecting another sell off and red markets.
Long Term (3-6mo) - Im expecting BIG - $33 by March easily. Thinking about buying 06/21 $34c to play it safe. I bet the trading price will be much higher by Sep. Over $40.
Cant go tits up
Strong bearish RSI divergence on 4hr
If candle closes in a shooting star I expect mega correction
Remember however BTC is the boss and does what it wants to, this bull run IS NOT over whether it corrects now or not. BTC has easily been breaking RSI patterns and it may do it now. just be prepared for either way it goes, but if shooting star closes, I'm...
Looks like descending tops on longer time frame, if rejection of resistance trendline confirmed, I expect test of ~52.
Beyond, if 52 fails, I expect retest of support at ~46.66.
Otherwise, breakout PTs are 58, 59, 61
We need more volume to support this potential breakout towards the ATH again,
In between there are key resistance to break such as 0.618 & 0.786 fibonacci levels.
Disclaimer : This post is for educational purpose only, not a financial advice.
Taking a macro look, we can see that Bitcoin Dominance has been ranging within an ascending triangle- a bullish pattern. It's been rejected by the current level twice before, but is third time the charm? The huge volume behind the recent move suggests it might be... It also recently broke out and then retested the top of the previous descending channel which...