NZDJPY is Bearish - We look to Sell at 66.08
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Price action continued to range between key support & resistance (66.16 - 63.46) and we expect this to continue.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 66.08, resulting in...
This is an example of a scenario where a range-trader might see some points of interest, some of them are listed below:
1- This drawn resistance around 112.000 is an important one, which has not been trespassed for the past 14 months (+-);
2- As we can observe, also, with the support of the indicators (Stoch + CCI), this might be an overbought zone;
3- If we zoom...
Into 50% of range below
Back above current range low
RR not favourable so looking for dip down into range low for buying opportunity
Range high first target
Will look to add once initial position taken
CADJPY is in a ranging atm. Price came to daily demand zone (blue), broke and retested a newly formed 4hr demand zone (yellow). Looking for price to come back to 4hr demand and bounce off the refined 15min zones to look got longs.
Also I will be looking for short as well incase the price doesn't come back to demand, I'll be looking to short around the 83.5/83.4...
After a spike to $7800, Bitcoin recedes to consolidate around $7300 - 7400 level, which also coincides with the Pivot point and heaviest trading volume range.
As the price shows no major movement during the daytime with subdued volume. Most likely, Bitcoin would continue zig-zag for some time then decide its direction. The next movement would be an intermediate...
We look to Buy at 1.2885
Buying pressure was posted in the market yesterday and has continued overnight.
Positive overnight flows lead to an expectation of a firm open this morning.
Broken out of the channel formation to the upside.
A mild correction has been posted from yesterday’s high, this is seen as a retest of the breakout level.
Further upside is expected...
Very short timed trade, fakeout is ignored in this scenario.. as it is a fakeout. Although it is in a 50 pip range 15 minute candle out it back into a smaller range. As said in the charts if the new 15m candle goes below previous I will close trade as no longer in my boundaries.
Buy Mediclinic (MDC.L)
Mediclinic International plc (Mediclinic) is an international private healthcare services provider. Mediclinic is focused on providing acute-care, specialist-orientated, multi-disciplinary healthcare services.
M arket Cap: £2.7Billion
Mediclinic broke above resistance at 374p back on the 17th October 2019. The momentum did not continue...
This looks like a range as it passed the 76%fibo and broke the channel just about.unsure however because once the 3rd boundary reaches lower than the 1st doesn’t that cancel\restart the range so would my 3rd boundary in this case become my 1st
Again much like the Bunzl long we can see this one is a long below the cloud which means its a relatively weak play, so do your own research! But it's respecting its lines on the range, and the risk reward is solid. Play up to at least the resistance of the cloud and see how it goes. Thanks for looking and best of luck! LSE:AGK
Buy Hurricane Energy (HUR.L)
Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company's acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million...