pepe long idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Dailychart
GBPAUD Longer Term Short - Already involved Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.
GBPUSD Longer Term ShortAs per the video the pound has been in decline over the past years so am looking for longer term shorts. On the weekly price action looks toppy and there's a good risk reward potential for entering short now looking for a retracement to 50% or even further. Whether it will ever reach parity or simply bottom out and climb remains to be seen in the future.
Major Support Found on BIGTIMEAfter seeing a perfect retest of support at the .24-25 value zone, that marked a top back in October 23, we had an 80% bounce. Keep your risk situated for crazy volatility.
Continuing the run further would see at least a test of the .55-.56 value area, though this may be a week or 3 away after coiling up for another spring board breakout during rotation. I'll add more zones above the .55 major resistance area as we get closer, just in case we hit some major bull moves.
AUDNZD Mid/longer Term Long OpportunityAs per the video we're at a point for a long entry on the next leg up then we wait for breakout situation. Price action has till now respected the dynamic trendlines. OK risk reward, maybe worth waiting to see if price dips down into the dynamic support zone, depends on your rules of course.
BTC Short-Term ChartHello everyone, let's take a look at the BTC to USDT chart, on a one-hour time frame. As you can see, the price is moving below the local downtrend line.
When we unfold the Fib Retracement grid, we will see support at the level of $41,471, and then it is worth defining a strong support zone from $40,916 to $40,226.
Looking the other way, there is resistance at $42,991, and then we have a very strong resistance zone from $43,755 to $44,718.
It is worth paying attention to the RSI indicator, which shows a rebound, as well as room for the price to go lower.
golden wave counting gold price went form 1810 to 2148 in just two month
this rally shocked everyone
what was most shocking instant reversal from all time high which nobody expected
abc wave has now retrace 50% near 1980 that is why you are seeing intraday support near that level
gold next move from depends on fed fomc today ,
which will decide gold will go 1930 or retrace back to 2007
Boeing Stairsteps for Swing TradingNYSE:BA has the most powerful and longest momentum run of all of the 30 Dow components. The company reports earnings on January 24th and the run up implies that the 4th quarter is likely to be better than previous quarters in 2023.
This stock has moved strongly since the bottom in November and has been able to pattern out some of the speculation with stairsteps to keep the run moving upward beyond the resistance level of its range trend.
Some of this movement upward is ETF developers building more ETF units for certain industries and corporations.
Profit-taking is likely soon for this swing trade as it nears the long-term resistance at the 2021 highs. However, there is now support from the range of the August highs.
BTC Daily Chart 27th November 2023Although there was a recent breakout above the horizontal 38K resistance line, COINBASE:BTCUSD was unable to maintain above this level. We can see on the daily and 4h chart that BTC has evolved into an ascending triangle.
Bullish scenario : An ascending triangle is usually a continuation pattern so more upside is possible if BTC manages to perform a (real) breakout above 38K.
In such a case the upper ascending channel trendline will be back in effect creating resistance around 39K and 40K (40K being a psychological resistance and stronger than 39K IMO).
Bearish scenario : If BTC doesn't stay above 37K it will dorp towards the lowest channel trendline which sits at 36-36,5K at the moment. If BTC has a breakdown from the ascending triangle we can see a further drop towards 32K for a retest (yes, I still haven't given up on the retest :-).
On a longer timeframe, as long as we stay above 32K, the bullrun stays valid.
GBPJPY SELLFX:GBPJPY
Overall structure based on the Daily, 4H and 1H chart is bearish, hence I am looking for sells.. Price is currently in a consolidation phase between the 182.626 Daily resistance level and the 181.519 Daily support. A break and retest below 181.519 Daily support will mean that we can continue shorting GBPJPY