hello everyone,
as it currently looks the Coin KNC switch from a Rally to a Sell Off.
When the Price cross the Support i go short to the next Fibonacci Level below.
have a nice day to all of you!
$RBLX is looking really grim.
A loss of support at 60 means we're in no mans land right now. Tread extremely carefully, we don't know where price will settle.
Precarious situation for $TSLA. We sliced straight through the demand zone this morning.
Next support down will likely be found around 800, if not 760.
Based on overnight futures action, we may experience a gap down tomorrow.
The chart for $UPST looks awful with the stock losing many key levels of support. We're currently at our last level of support before huge downside.
If we break through 106.5, it's extremely likely we see 91 over the coming days. Will enter a short in the morning if my thesis plays out.
$NVDA is still following the downtrend formed shortly after reporting earnings two months ago.
We're currently in a low volume zone, approaching resistance, with a large gap below. Traders beware.
$LCID is currently caught at a supply zone leading into lockup expiry.
Things could get ugly fast come Wednesday. It's highly unlikely we break to the upside.
Similar to GBPCAD,
On GBPNZD bears broke a support line of a symmetrical triangle formation.
Trading in a bearish trend, such a breakout will lead to a strong bearish move.
Next goal - 1.905
❤️Please, support this idea with like and comment!❤️
CADJPY swing short. price level is about to check a strong resistance in a weekly time frame. We can expect down trend will increase in smaller time frames and can look for swing short opportunities.
Analysis done on the weekly timeframe. As you can see, USDZAR is in a clear downtrend. I expect price to come up closer to the trendline before ultimately heading down again. I have identified several key support and resistance levels from the weekly TF also.
This is just my analysis, i've never actually traded any exotic pairs. If anyone has any advice or tips...
I am looking for a short trade on GBPJPY. Technically speaking, bearish divergence has been detected on Daily chart. Candlesticks has shown weaknesses lately.
Target L3/Pivot. Stop loss around H4. Camarilla pivots monthly levels + CPR
However if it breaks the H4 and retests it as support. Potential this becomes a long to H5 with stop on H3 instead. Howecer the price is far over mean and monthly magnet pivot is untested
Multiple time frame direction bias on Daily, weekly -
I missed the initial entry on this position, it's already occurred, could get another entry
Euro would need to see a turn around in the narrative regarding their vaccine roll out for this trade to tank
Multiple time frame direction bias on Daily, weekly and monthly
I missed the initial entry on this position, it's already occurred, could get another entry
Monthly chart has confluence of Trend line and 200 simple moving average a close below both of these opens up further bearish momentum.
Euro would need to see a turn around in the narrative regarding...
Daily directional bias is good, the wave is smooth, established and respected.
Single time frame DB and crude at resistance makes this a higher risk trade, would take a smaller entry.
Weekly has no wave directional bias
Monthly the trend has been up, however the wave is not smooth established or respected - I like a short with a target at the monthly uptrend...
Direction bias on daily and weekly time frame, will be taking a regular size position on this trade when it triggers
Driver is CAD on crude strength, a correction in crude or some USD strength may trigger an entry on this pair
I have already had several profitable trades from 1.2700 level
Bearish directional bias on daily only, make this a higher risk set up due to lack of multiple time frame directional bias, so this won't be full position size.
Weekly - fresh bearish DB
Monthly -Break and close below monthly trend line would signal more bearish momentum
Current driver is euro weakness on vaccination program in Europe falling short compared to...
After being unable to break 82.00 I am bearish on this pair and looking to enter as a possible swing to the downside. Could change due to CAD Unemployment rates
