Usd/Cad Sell Limit After the slight uptrend, we believe that USDCAD is ready to mean-reverse, based on the push and pull of both central banks on inflation. Also, this reason for portfolio rebalancings may trigger reversals. Check my other related short ideas
OANDA:EURAUD We have the fundamentals in our favor-EUR weakening because of the war in Ukraine, and also we have the Technicals in our favor as we are in a downtrend and under the 200MA on the Daily. The price is at this resistance level that has been tested 2times previously so we are at AOV (Area Of Value) and possible 1:3/4 RR.
OANDA:XPTUSD Simple technical analyzes. 3:1 Risk Reward ratio
Pattern: Bearish Pennant Trend: Bearish on the D and Bearish on the 4HR Entry: Searching for cheap entry around the breaking level Indicators: ATR, Moving Average Position: Short Levels: * StopLoss: above the upper trend line on the pennant -4150.00 *TakeProfit: Retest of the previous low -3880.00 *RiskReward: 2
FRED:SP500 S&P is going to test the most important level for this year. If this level gets broken we can look for another retest of previous lows which are not close. This level not holding means a significant decline for both crypto and stock markets as they are already surging downwards and there is already PANIC on the horizon. The fundamental events that will...
If we start analyzing from the D-timeframe we can see that we are at a strong Support level and we have more than 1000pips to the upside we go to the lower timeframe like the 1hour TF we can see an Ascending Triangle. So the best way to play out such a trade is to wait for the breakout and set our SL just below the support line (Or preferably 1ATR below it) and we...
GBP/CHF FX:GBPCHF * The simple technical setup for a long trade in a range market. We start analyzing from the Daily TF and we can spot the reaction to the resistance level and we go down to the 4HR TF for entry trigger. The price has already moved a distance from the area of the value zone but a 1:3 Risk Reward is still possible. We can go even to lower TF for...
OANDA:XAUUSD * Technical Currently, we are at the 1900$ level and if we start analyzing the chart technically from the Daily we can easily spot that this is a strong support level where the trend can find new buyers and make a new wave upwards. If we go down to the 4H TF we can spot that the 1900 level is a really obvious one, and at the same time, it is a round...
AMEX:VXX TVC:VIX VANTAGE:SP500 The main reason to be bullish in an instrument that is -99.99% down and continues to depreciate all the time is that VXX usually sees explosive moves when the S&P 500 declines, and the moves in VXX typically far exceed the movement in the S&P 500. And so as the S&P just made lower high and lower low and we want...
NASDAQ:FB Meta Quarterly Results Beat On Earnings But Short On Revenue Meta Platforms stock jumped as the social media company reported first-quarter results after the market close that beat earnings estimates, but missed on revenue . Facebook’s main social network added more users than projected in the first quarter, potentially staving off concerns that the...
GBP/AUD - simple technical analyses idea for the upcoming fundamentals.