Trade_Rocket_Investments

Trade_Rocket_Investments

Ripple like all cryptocurrencies saw a sell off last week, but what is different about Ripple is that it has seen support at its monthly lower zone while most other coins have broken to the downside and struggling to recover. Ripple is going through a court case at the moment and plans on going public after it, this is very bullish for this coin as it shows that...

Trade_Rocket_Investments

After that news that china is putting restrictions on banks dealing with crypto we saw a sell off in the crypto market, but only a few coins have recovered and broken above previous high and seeing buy pressure. The prefect example of this is ETH/USD as we can see price temporarily broke below previous high but is seeing buy pressure come back on and is now...

Trade_Rocket_Investments

here is paypal on the daily timeframe, we can see that it has respected the higher timeframe uptrend and is now seeing buy pressure breaking areas of sensitivity while most other stocks have seen a move to the downside due to inflation concerns. so what we are going to look for on this stock is a minor exhaustion then entry confirmation for a trade to previous...

Trade_Rocket_Investments

here on the NZD/USD chart we can see that price has been in consolidation between our daily zones for some time, we also know thanks to our fundamental direction that fundamentals are flat so one currency isn't stronger than the other. now we see contact with our daily lower zone so we will now be waiting for entry confirmation to place a trade to the upper level...

Trade_Rocket_Investments

we have seen a sell of in the crypto market as china announced that they are banning banks from dealing with crypto, so there is a lot of fear in the market. remember in the crypto world its mainly down to news that moves it, and this isn't the first time we have seen a sell off due to china putting restrictions on crypto. in my opinion this sell off is just fear...

Trade_Rocket_Investments

CADJPY has seen a break and now full exhaustion to the daily zone, we know the CAD is strong and the JPY is weak because of our fundamental analysis. what we are going to look for now is price action and entry confirmation for a trade to our next area of sell pressure. what we need to watch out for is the JPY inflation rate which is released tomorrow early in the...

Trade_Rocket_Investments

We had the EUR inflation rate this morning and the EUR seems to have gained a lot of strength due to that, what we see on the EURNZD chart is that price is now breaking a 4h area of sell pressure so now we have free range to our next area of sell pressure which will be our daily zone. now what we will look for is exhaustion and entry confirmation to place a long...

Trade_Rocket_Investments

we have been watching dogecoin for a while now and it looks as though it is finding buy pressure at previous high. what do we know about the fundamentals on this coin? we know that Elon is very bullish on this coin and is even funding a mission to space purely using doge. even though doge is a mean coin this could possibly see a move to the upside at previous...

Trade_Rocket_Investments

the stock market has been pretty sideways since the inflation rate was released last week but what we have seen is that a few stocks are still seeing buy pressure and respecting higher timeframe zones and uptrends. one of those is paypal, we can see that price has had exhaustion back to the weekly zone and also to its higher timeframe uptrend and on the daily...

Trade_Rocket_Investments

we are seeing a lot of sell pressure in bitcoin as the crypto market seems to be seeing a sell of or exhaustion after an impressive week for some of the Alt coins. what we have analysed is that bitcoin now has broken a significant level of buy pressure being its monthly lower zone, but on the daily timeframe it looks as though buyers are coming back in to buy the...

Trade_Rocket_Investments

litecoin has now had a full and complete exhaustion to previous high and seeing buy pressure, we are adding to our positions on this as an investment but as for trading we are going to wait for more confirmation as we know there is stop hunts on this coin so we are keeping our eyes peeled for entry confirmation on this one.

Trade_Rocket_Investments

yesterday we placed a trade on CAD/JPY, we saw that there was multiple buy pressure coming in at our daily zone so this indicated to us that buy pressure was going to take control and push this currency to the upside. also our fundamental direction was to the upside, a few hours later we saw an impulse move that allowed us to close half our trade and move our...

Trade_Rocket_Investments

over the past week we have seen the GBP gain strength as the country continues to open and optimism floods the market, however we have seen continued weakness in the JPY so that's why we are looking for a long on GBP/JPY. What we will need to see is either a full and complete exhaustion back to our daily zone (red zone) or a break of lower timeframe sell pressure...

01:21

Trade_Rocket_Investments

Ethereum has seen a massive move to the upside breaking above the 3k price with little resistance and is now at the 4k mark. price is too extended to find a trade or a value investment so what we will be waiting for is exhaustion and entry confirmation to buy and add on to our position and also to find a potential quick in quick out.

Trade_Rocket_Investments

after the cardano Africa special we have seen massive amounts of buy pressure on this coin, breaking previous high which will have taken a lot of buy pressure to break that historical level of consolidation. we can now see that price is extended and not good for an investment or a trade. we do have positions on this as we knew that price would see a big move after...

Trade_Rocket_Investments

Today was the relese of the monthly non farm payroll and its had quite a reaction in the market, the numbers were terrible for the NFP at a staggering 266k as opposed to 978k that was expected. this has obviously sent the USD down in strength as we can see on the EUR/USD chart there is a massive move to the upside. because of this move and the news we will now be...

Trade_Rocket_Investments

we placed a buy limit on EUR/NZD yesterday which got triggered and now we have hit our first take profit and moved our stop loss to entry. the reason for this buy is that the fundamentals were flat on our fundamental calculator so we knew that we wouldn't break to the downside again of our daily zone where we have seen consolidation. so we saw a push to the...

Trade_Rocket_Investments

Dodgecoin has seen a major move to the upside since the trading platform Etoro added it to its platform, but there is more potential bullish news on the way as Elon is said to host Saturday night live with the name "the dogefather" we are expecting him to talk very positive about the coin and pumping the market with optimism so could we see another move on dodge?...