I've decided that it's a good goal to set a 1X trade on this swing trade. Exactly as i didn't expect it to go so long and high but i kinda realised this re assement will be a good goal and target to go for. That's 100% ROI. If you didn't get in way back then too bad really.
Quick technical analysis on Rush Enterprises. This is a consumer cyclical trucking dealership. They are very dominant in this market space and currently in the process of acquiring 30 more locations. This is a good long-term portfolio addition. Because of the acquisitions coming in play, this could also lead to a quick short term profit as well for the swing...
The break out to the upside has happened and Nio now has a new level of support. Congrats to those who held and those who got in!
I give some background on me learning the markets some brutal harsh lessons and why ETF's like the SPY & GLD are awesome!
Base on the monthly chart the market is clearly over extended and as well we have a M pattern. When the market is over extended what we can expect is a correction. As well we have a M pattern, so we can expect the completion of the pattern with a retracement to the neckline.
BITCOIN: Looking for further bullish momentum, i don't think the Bitcoin run is over yet. However there are signs of a potential pull back (correction) if a pattern is made available we will look to add to our existing long position, then manage accordingly. GBPJPY Overall bias for GBPJPY is long at the moment, we are looking at 146.000 level for a potential...
The Aussie has duly surrendered 0.7700+ status against its US counterpart and been below 0.7650 irrespective of Q4 inflation metrics marginally topping estimates, while the Kiwi has lost grip of the 0.7200 handle again eyeing NZ trade data after the FOMC. Further downside expected over the remaining trading sessions this week.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GBPCAD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GBPUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Enjoy :) - This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
BINANCE:ADAUSD A couple weeks ago I published a chart with ADA analysis calling for further retracement to the 61.8% Levels for March-July Swing. This video reiterates that analysis, while also documenting the price discrepancies between a few different exchanges, such as HitBTC, Bittrex, Kraken and, of course, Binance! I am still expecting ADA to test the 61.8%...
Hello everyone, here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Here I go over my Bitcoin chart which has an emphasis on long-term trading trends. I briefly explain the chart, indicators shown, and explain how Bitcoin is at the start of a new market cycle. Next, I give a very general analysis for the next two years for bitcoin. I explain how $13,700 is a critical point that we need to get above and hold. Furthermore, I mention...
chart anlaysis
on DAILY: USDSEK is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H4: USDSEK formed an objective trendline in blue so we are waiting for a momentum candle close above its last swing to buy this one long-term. on M30: USDSEK is forming a channel in red but it is not valid yet, so we are...
on H4: AUDCHF is overall bullish and now approaching our lower blue trendline so we will be looking for objective trend-following buy setups on lower timeframes. on M30: AUDCHF is forming a trendline in red so we are waiting for a new swing to form around it to consider it valid and then enter on its break upward. Moreover, we have a regular bullish divergence...