ASX
AW ASX Analysis - How This Pattern Differs to the Dow Jones...A quick video to mention the slight difference between this pattern and the Dow Jones.
Most people don't care about their portfolio oscillating within these moves.
If you are trader or investor that likes to swing trade however, then this might be of interest to you.
Don't forget to check out the Dow Jones version down below.
Short Stop: 7656.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
ASX to find buyers at market?ASX200 - 24h expiry - We look to Buy at 7490 (stop at 7455)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Price action looks to be forming a bottom.
The medium term bias remains bullish.
Preferred trade is to buy on dips.
Further upside is expected although we prefer to buy into dips close to the 7490 level.
Our profit targets will be 7585 and 7870
Resistance: 7590 / 7870 / 8325
Support: 7340 / 7140 / 6980
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
SXLFlipped resistance into Support right below a LTF range high
Above range and looking for target marked on the chart.
If it gets above the range high and then back under, its a quick short back into the LTF Mid range as a target back to the 2022 Yearly CLose.
Do not want to see it trade below the 2022 Yearly close or its starting to look like Goblin town.
A DXY Rip might see this setup trap longs then fail.. caution is best if DXY starts to gather momentum.
CGF.ASX_Bullish Range Breakout Trade_LongENTRY: 7.70
SL: 7.38
TP1: 7.94
TP2: 8.06
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Entry today based on today breakout from range and >3% rebound off 10EMA with above average volume. But would like a better closing.
Lithium Brine Penny Stock Long HereI traded this ASX name on the OTC at its 3x breakout last year and I've kept my eye on it as it has floated slowly back down to the breakout zone. Notice the patterns in the Relative Strength Index before it broke out, and notice what it is doing now-- easing and curving up. The ASX stock has bounced hard on support, so there is some arbitrage between the OTC and ASX tickers right now. I think that it's likely we see a similar parabolic move up if we break out of this descending wedge. Watch for headlines about their lithium brine project: that will most likely be the catalyst.
AW Dow Jones - ASX Analysis - 2022 Bear Market Not Over Yet...In this fast-paced analytical video from down under we cover the chart from left to right up and down...
In a nutshell I had a major revelation when it comes to what is going on in these two markets across the futures and market hours charts.
I see some strange things, but it leads to opportunity...
Just when you thought it was safe to put on a long position on the index it seems like a fake out wave in the making.
The move up is not over yet but it's very close.
In this video I aim to demystify the movements which have taken place over the last two years and what is going on right now.
Say goodbye to 20 minutes of your life as you hear me talk at a hundred miles per hour, so I don't lose my train of thought and hopefully your attention.
Well, it's worth a try!
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
ASX offers good risk/reward at market.ASX200 - 22h expiry - We look to Buy at 7468 (stop at 7411)
The medium term bias remains bullish.
Bespoke support is located at 7468.
This over-extended move shows no sign of slowing.
Preferred trade is to buy on dips.
Our profit targets will be 7588 and 7625
Resistance: 7531 / 7588 / 7620
Support: 7468 / 7447 / 7395
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX: DCC possible 14% depending on BTCPossible quick 14% gains to be had short term on DCC with tight stop losses
Possibly will hit 5c for a retest then who knows... stop loss
the trend is your friend!
Be tight with stop losses, and if BTC tanks, dump DCC. If you were to keep stop losses tight a 14% move seems likely depending on BTC of course.
Not financial advice.
ASX: NWE bullish with cautionNWE above the point of control of 0.071 and could go to 10c, or it will pull back to 6.6c to meet the 100 day moving average.
Which kind of makes sense, however the news is good with the take over etc however people might realise they are just / 1300
for a new share, which may not bode well.
Proceed with caution howver I think a new ATH of 10c is possible, keep stop losses tight. Perhaps ez 30%, not financial advice!
MIN offering takeover (approved) with approx. 1300 share of NWE to 1 MIN. I can see the bullish momentum and gas definitely a winner, however an ex 0.002c stock to 7c to a stock / 1300 I can see a pump then pullback.
Keep stop losses tight, and only ever invest what you can afford to lose. Not financial advice.
ASX Trading The Bullish SequenceIn this update we review the recent price action inthe ASX and identify the next high probability trading opportunity and price objectives to target
CRONOS AUSTRALIA | CAU.ASX | BULLISH BREAKOUTHi all currently watching Cronos.ASX for a bullish break of 0.70. The price tested this level earlier in the week and then rejected support at 0.620 it is now going for another test of 0.70, if we can see a clean break of this level we should expect some strong upside volume entering the market to continue its already incredibly strong bullish momentum.
ASX:RNE - Micro Cap Energy (2.5 year accumulation)Roughly two and a half years ago, the accumulation of RNE seems to have begun by strategic entities ("insiders") of this company.
If price can break out of the accumulation range (0.042 - 0.104), a promising multi-year uptrend looks likely.
Until then, the POC at 0.063 might put up some resistance.
Traders can look to buy any breakouts above top of range. Investors can look to jump on board with the insiders and accumulate/dollar cost average within the marked range.
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