Breakout
NZD-CHF Growth Ahead! Buy!
Hello,Traders!
NZD-CHF keeps growing
And now we are seeing
A bullish breakout of
The key horizontal level
Of 0.5268 so we are
Locally bullish biased
And we will be expecting
A further move up
Buy!
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INTC looking extremely bullish for a swing trade!🔉Sound on!🔉
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SMH shows signs of bullish turn aroundSMH experiences a false breakout and tries to sustain it for a few periods with increased volume
SMH experiences first false breakout above
Tries to hold higher levels outside resistance
Increased volume is accompanied with this breakout
This gives a signal that bear drawdown has weakness in it and bulls maybe taking over soon.
$DXY | SilverEdge Insights |Technical Confluences:
Price action is in Oversold conditions in the Daily and Weekly Timeframe. Likely to see some consolidation of positioning here.
Price action broke out of an Upward Sloping Parallel Channel and cleared itself out of the that Interest Zone too. Likely will see a test to re-enter that Channel due to Oversold conditions.
Elliot wave count shows it is trying to compete Wave C (expected target would be to 71% Fibo Extension levels - possible to test the 100% Fibo level)
A new Downward Sloping Parallel Channel is in play now and Price action needs to see it break the mid of the Channel to see a substantial move downwards
Fundamental Confluences:
With the expected cuts, market started unwinding their long USD positions and it is reflected in the TVC:DXY
The extent of Wave C will really depend on how quick and reactive is the FED in cutting rates (the higher chances of 50bps cuts; the likelier we will see USD get sold.
Building into next week, we are likely to see some traders cover their short USD positions as they size down before NFP data.
However, if there is any gyration on the geopolitical front or US elections, it is possible to see the TVC:DXY reverse back to the top of the Downward Sloping Parallel Channel and top out at the Interest Zone area again
AAVE/USDT: 10X POTENTIAL TRADE SETUP!!Hey everyone!
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AAVE looks good here. It breaks out from the symmetrical triangle in the weekly time frame and is currently, retesting it. Buy some here and add more in the dip.
Entry range:- $100-$120
Targets:- $250/$420/$740/$1020/$1320
SL:- $69
What are your thoughts on AAVE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Breakout with Volume...NSE:TV18BRDCST trade at 51.55. Support is at 47.70 and Resistance is at 54.30
When its break Resistance level you can watch it @ 59 and after this 68.
RSR/USDT: BREAKOUT,RETEST DONE! READY FOR AN ATH!!Hey everyone!
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RSR looks promising here. It breaks out from the falling wedge-like structure in the daily time frame and a perfect retest is also done. Now, it seems ready for a 100-150% move. Buy some here and add more in the dip.
Targets:- $0.0068/$0.0092/$0.0122/$0.014
SL:- $0.0048
What are your thoughts on RSR's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
EURNZD - NEW BREAKOUT Hello Traders !
On Thursday 25 July, The EURNZD reached the resistance level (1.83844 - 1.84623) and failed to break it !
The price broke the support level (1.79254 - 1.79915).
This key level becomes a new resistance !
So, I expect a bearish move 📉
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TARGET: 1.77500🎯