This is just a technical analysis with no fundamental or upcoming economic events reviewed. View upcoming post of smaller time frames for full analysis and more trading ideas.
Trade Types-
-- Support & Resistance
-- Following the trend
*I will message any and everyone who follows me the overlays and sub indicators used to assist in concluding trade idea.
Nasdaq Index
- Price been trending downward since the end of December 2021 and forming a channel chart pattern.
- Obviously more downside rather than upside potential ranging from 3K-3.9K in points. Downtrend is starting to weaken according to moving averages and and vortex sub chart indicator.
- Colored arrows represents 3 scenarios that could play out if...
FUNDAMENTAL ANALYSIS
( Comparing the historical health, stability, growth and value of a country's currency to current and/or future
expectations to help make higher probability trading...
TSLA—Tesla Fundamental and Price Chart Analysis ( Concluding and comparing historical financial health, stability, growth and value of company to current and future projections to help make investment decisions. )
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TSLA Fundamental Analysis
Income Statement
- Income, Earnings and profit margin for Tesla all increased...
TSLA Financial Analysis
Income Statement
- Income, Earnings and profit margin for Tesla all increased over past 5 years
- Tesla reported higher than forecast earnings for company for the past 4 quarters
Balance Sheet
- Increasing Assets and liabilities with a shrinking Debt-Asset Ratio
Cash Flow ( Value of the Company is ALWAYS a reflection of FREE CASH...
AUD/NZD Fundamental, Technical, and Signal ( NZD fundamentals and events, click link )
*AUD events will be the drivers during trade.
AUD Previous Important Economic Events:
- Consumer Confidence and Confidence Change ( Both actuals below forecast and previous supporting consumers low enthusiasm to spend in the future. )
- Business Confidence ( Below...
FUNDAMENTAL ANALYSIS
GBP/NZD Price Impacting Economic Events
*( GBP upcoming events are important and leading economic indicators and WILL impact price during trade, increasing volatility and unpredictability )
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GBP TODAY Economic Events:
- Unemployment Rate ( 3.8 same as previous )
- Unemployment Claims ( -20.1k higher than...
Sell Limit: 1.11000 - 1.10900
Take Profits: 1.10400 - 1.10000
Risk/Reward Ratio: 2
Careful trading. Only trade ideas to assist you in your journey. Leave comments, message me for specific currency pairs, cryptocurrency, stocks, and global indices.
CLICK LINK FOR 4HR ANALYSIS.
Chart Analysis
Technical Analysis:
- Price recently fell below a long term uptrend upper trend line and trading in a tight range near the lows of full range.
- Price seems to be forming either a rising wedge *(bearish chart pattern) or a triangle wedge *(bear or bullish chart pattern). Supporting the indecision and why price trading in tight range...
Sell Limit: 1.76025-1.76500
Stop Loss: 1.76700-1.77000
Take Profits: 1.75300-1.74600
Risk/Reward: 2.8/1
AVG Hold: 2 days Expectancy: 1-3 days
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Hedge Order: * Protects 33% of Trade
Buy Limit/Stop: 1.76025-1.76500 * Hedge Entry MUST be equal to Sell Entry.
Stop Loss: 0%-25% of gap between Open Entry and Open Take...
Sell Limit entry: 1.75500
Stop loss order: 1.76300
Take profit order: 1.73300
*HEDGE(to minimize losses)-simultaneously OPEN a BUY STOP/LIMT order w/ SAME LOT SIZE as initial trade.
Hedge position levels:
Buy limit/stop: 1.75500
Take Profit: 1.76300 ( T/P = S/L from Initial Trade )
Stop loss: 1.75250 ( S/L = 0-250 pips...
Trade Levels:
SELL LIMIT/STOP: 163/162.4
STOP LOSS: 163.5 - 164
TAKE PROFITS: 160.9 - 161
*Will post 1hr signal and trade levels once available. Follow to receive an update of when I post chart analysis and trading ideas. Like and comment as well. Hope this was easier to read and understand.
LIVE TRADE SIGNAL:
SELL STOP: 141.200
RISK RATIO: 2.1
HOLD PERIOD: 4HRS - 3DAYS
TRADE TYPE: DAY
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Technical Analysis detailed from Chart price action, overlays and indicators.
*leave comments or message me about how I can improve...
EUR/USD is a recommended STRONG SELL — Rally
Overlays:
- Trend line (mid level) — 1.05680 (equivalent to 78.6% fib level)
- Trend line (upper level) — 1.06803 - 1.0729 (between 38.25% and 23.6% fibonacci levels)
- Price will break downtrend reaching those levels but still be a lower high in comparison to 2x previous high
- Fibonacci...
