USDJPY - Prepare for BUY! - Oversold - MomentumHi Traders!
As you can see this is a very good buy oppurtunity because we have many confirmation.
1.: For all price action and technical analysts of you:
The market is reaching a strong support and it has to test it.
2.: For all RSI-Indicator Traders:
The RSI tells us that the market is oversold.
3.: For all Momentum traders:
The MACD Histogram shows us a strong moment. When it touches the support it will bounce back.
We're seeing forward to buy this pair at 107.122 with a risk-to-reward of 1 to 2!
Thanks and good luck :)!
Bounceup
Gap filled. Time to buy??ROKU has been slaughtered over the last couple weeks. Is it time to buy for at least a bounce? I'm leaning towards yes... but I haven't really gotten an entry reason.
ROKU fell more than 40% from wick to wick on the candlestick chart. That's pretty incredible... however, they have had a tremendously good year. I'm not saying they will go up and retest their all time highs, but why not make a little money off a bounce that is bound to happen at some point. That some point might be now.
NANO Bounce Opportunity - Can It Reclaim More Of The Market?Possible play here if the trend continues going up. The biggest issue we have found currency is Bitcoin, what will that do over the period of time.
Nano had a heavy correction but has turned recently, could the trend continue?
Keep a close eye on it and if it breaks above the resistance over the next 12-24 hours. It needs support.
Buying on SupportLast Support level has been successful. Chart primed for an easy run up to 200 DMA @ 15.86. Expecting this new leg to visit 19-23 area given the positions of the SP, current indicators and direction crude has been going.
BTC-USD BouncePotential for bounce up in symmetrical triangle pattern after bullish falling wedge has formed.
Key supports to watch : Support @10325 USD - if candle close below this support, trade is invalid.
Triangle bottom line - if candle close below this support, trade is invalid.
This idea is for educative purposes.
ADA Looks Bullish!ADA is crossing "BUY ZONE" right now.
There are few potential bullish signals forming on graph.
1D chart
RSI divergence: Bullish
MACD Golden Cross forming: Bullish
Bounce from strong support zone between .382-.5 fibs.
TP1: 1520
TP2: 1700
TP3: 1950
Stoploss: 1150 (if drop down from green channel)
*This idea is for my own educative purposes only.
HALLIBURTON LONG - CLEAR SUPPORT AT 30$ AND RSI OVERSOLDHi there
Halliburton Company (HAL) has shown a clear and strong support at 30.00 and could very well bounce right back up to 50.00 or even 55.00
The MACD, Parabolic SAR and the Williams market buttom finder are all indicating bullish momentum. Since this is a fairly long term trade it is necessary to look at the fundamentals aswell. With a PEG ratio of 0.63 and a recommendation rating of 1.8 (strong buy) this should be a pretty good trade in my opinion.
HTZ Pullback, Bounce TimeHTZ has been trading around its 100 day moving average since the middle of January. This average should serve as an important level of support over the next few trading days.
Looking at RSI (2 period, 90% and 10% upper/lower bands) HTZ tapping that lower band at 10.79% at today's close.
If support can hold up, HTZ might be ready for a nice little bounce.
Long 80 HTZ @ $17.42
Plan to exit around $18.50 or so in the next few trading days.
Cheers !
EURAUD - Quick bounceIn his way down the price just draw a descending wedge. It might be bouncing after it hit the 0.618. In this case, the first target should be the psychological number 1.60
Also check +DI and -DI on their way to cross and RSI heading upward in a channel.
I hope my analysis is useful for your next trades
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Bitcoin : Bull Flag Creation - A chance to see a light.Bitcoin has been in consolidation during the holiday weeks and showed some improvement by the end of the weekend. And it showed a good uprise and is now testing its resistance and support levels. We might see bearish influence downwards upto 3850-3900 USD area and if bears can continue pentrating and broke the resistance we might see another leg down movement in the following week. But if Bulls can hold their strength and can broke the 4150 USD for sure and close above that resistance area around 4200 USD we might see a good upward move. This could also be a good thing for the alts which are not doing totally good for the last 1 month and a half. In the 4H chart both EMA50 and EMA89 are way lower than the price and RSI is at 61 showing a balanced chance for an upward move. If the bull flag creation is going to be confirmed our short to mid term targets given in our earlier call can be achieved very soon.
Good Luck.
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We´ve ended the fourth wave.We are ending now 5 waves down and I´m waiting for big bounce between 2800 and 3000 USD (BitMEX price). Put your long orders between 2800 and 3000USD. One of the most important support, Elliott Waves, Harmonic pattern CRAB, psychological zone and lower sell volume gives us BIG PROPABILITY for big bounce UP.
BITCOIN Update: Retest of 5.200 before we head to 3.000?#OutlookHey tradomaniacs,
Do I go out on a limb or is it technically really time to see a retracement?
I know, Bitcoin is pretty unpredictable and manipulated.
The huge sell-off disapointed a lot of cryptofans and forced many traders to sell all what remained.
But I see a good chance to make some back before we continue the sell-off!
For all holdlers - Relax..it`s a long-term-project and crypto will revolutionize the world.
Back then, during the dot-com-bubble, scientest said the internet won`t be accessable for the society... he was right..I guess! ;-D
Smart-money will accumulate very soon as soon as the price is low enough for big institutions to stack big positions for a massivly discounted price.
They won`t be able to deny.
How ever, just relax and don`t look at this bloody scenario!
WE WILL SURVIVE!
I appreciate every support - Leave a like and a comment!
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM ME! :-)
EURGBP (1D): Brexit Saga ContinuesEURGBP
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Price close to support of Parallel Channel
- Price close to Horizontal Support Trendline (since May 18)
- Stochastic Overbought momentum (D1 & H4)
- Gap between 8EMA and 50EMA very wide
- Fundamentally, Brexit story continues.
Suggested Trade:
Entry @ Area of Interest 0.8660 - 0.8715
SL: 0.8632
TP: 0.8832
RR: Approx. 2.21 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.