Youza

Youza

For me, NIO must break 46 regions to force a bullish entry for both a test of the previous high and for a new long-term leg. - Wait for break and retest - Hold for MA change in order - MACD showing some minor divergence to the upside which may present across on the waterline

Youza

We saw a beautiful double bottom play out following our previous coverage and entry point at the same level, which presented a good opportunity to take this market north. 1765 is again our target for-profit and then we wait for the next entry point. Scalping opportunities will be available on the shorter time frames such as 1h 30m. We remain a bull on this...

Youza

Technically we saw Bitcoin pullback to the 618 fib level which would predict a 382 extension target in the price region of 69500. Currently, the price is struggling to break through the 60k level finding resistance from the bears. Looking to buy the next dip. Possible head and shoulders in play too.

Youza

With the surge in chip demand, we start to see higher demands in commodities such as gold for investment. IS the market pricing this in right now? - Gold bulls are currently pushing for 2 days recovering losses from a double bottom position. around 1675. - Double bottom - Looking to target highs of the channel

Youza

ETH can be seen on the daily chart caught in a wedge/pennant pattern. We have to remain bullish on this pair both fundamentally and technically due to the moving average and pattern, with allows for us to establish a bias. Typically we are taught to trade the breakout of this pattern but given countless times I have witnessed a false breakout/fakeout before...

Youza

After seeing the recent leg lower it's safe to say that the bears are looking to take this market lower. A recent divergence on the daily confirmed the move lower and resistance is currently being tested. The 4hr and 1hr charts are going to be key for entry points - only if confirmed.

Youza

Reasons for trade: - Below moving averages although not in order as per conditions of strategy - Price made a triple top in previous price action - Break below for new lower low - Retest support turned resistance in role reversal Holding for price action to confirm.

Youza

In this market, the bears have strong momentum to the downside with the most recent price action breach the 200EMA. Looking across to the EXY index it clearly shows correlating weakness for EUR meaning that a change of bias has been confirmed. Fundamentally I am still a bear on USD/Dollar due to the FED and rates, but given the more contemporary state of play if a...

Youza

The bears are focused on a 2nd consecutive day to the downside and breach the all-important 200EMA for confirmed control. EUR - WEAK

Youza

The Australian Currency Index showing near completion of H&S pattern. We now wait on the neckline test with highly probability towards the downside.

Youza

Another strong day for the dollar index as the bulls push higher. We now wait patiently for the 200EMA to be tested. Is this fundamental data being priced in early? We have seen a volatile bond market recently and key economists predicting a strong dollar before the end of the year. We covered this in our last publish looking at the DXY and how we could be...

Youza

I am seeing consolidation to price in fundamental moves. My plan here as a bull is to wait for the support level to be tested before jumping in long. Alternatively, I can always wait for a break of range and buy off the support reversal. Here we see the rejection on the 4hr chart with some noticeable wicks. Bulls have eyes on for the next opportunity. Just...

Youza

EURUSD has been comfortably trading below 1.20 for a number of days now. We have been monitoring chart patterns and technical analysis for signs of upside potential. Here we see 2 major setups broken into consolidation. We are now waiting on resistance levels to be broken above for bull entries, This trade plan may take time but for now, we wait for the next dip.

Youza

Seeing a low-risk high reward trade here off support. Risk 30 for 100 reward.

Youza

Up and coming IPO for the ftse100 could be currently priced into the market for a strong finish to 2021. Looking for the shorter time frame entry 1h/30m.

Youza

In the coming weeks ahead we could see a head and shoulders form as the US economy gains strength. More vaccinations and easing of restrictions is signaling a strong finish to the year for USD. For AUDUSD, the price has been floating around .77 as previously covered, and now looks to be testing the shoulder line. If we confirm a breakout then this may change.

Youza

On the 4h chart, this pair has recently tested the 50EMA which gives way for a double top, 77 pips above. This would be a scalp trade on the shorter time frames 15 or 30.

Youza

ETH has been very closely correlated to BTC in recent months and it appears to be slightly lagging behind the strong moves and breakouts that Bitcoin has presented. ETH remains a strong favourite to retest previous structure highs in and around 2042. Swing traders had an excellent trade recently after a clear reaction from the 382 Fibonacci level triggered the...