CAD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Oversold + Demand zone
🟠 EP 0.64492
🔴 SL 0.64130
🟢 TP1 0.64861 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.65228 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.65607 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Oversold
AUD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Oversold + order block + Demand zone
🟠 EP 0.57523
🔴 SL 0.57369
🟢 TP1 0.57675 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.57830 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.57986 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Updated Top Based On 4103 BottomIf Primary wave 1 finally ended, this the preliminary path for the remainder of 2023. The ABC waves are based on common movement and duration if Primary wave 2 is 278 hours long and moves up 307 points which are the preliminary targets. Once Intermediate wave A ends, updates for B and C (same endpoint as Primary wave 2) should be available. These targets are almost too perfect to be the specific reversal points, but the reversals should exist in the highlighted zones.
The percentage levels on the far right have not changed from the last analyst however, the end point in the final week of December is an adjustment based on the two extra days added to the end of Primary wave 1's analysis from Wednesday.
Some good volatile trading ahead.
EURCHF - Now OverSold ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, attached on the chart, we have been looking for sell setups around the upper bound of the red channel.
EURCHF traded lower and it is now approaching the lower bound of the channel.
Moreover, the zone 0.945 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
As per my trading style:
As EURCHF is sitting around the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KDA - Great level to $tart DCA, very over$old on many timeframe$KDA Kadena is a very solid project. We have been following it for a long time.
Currently it is seriously oversold and it presents an opportunity to start looking for an entry.
Follow the analysis in the video to find out why we believe so.
Thank you for watching! Comments and feedback are always welcome :)
XAUUSD ↗️↗️ Demand zone+ oversold Hello Everyone 🙋🏽♂️
As we could see the price hit the demand zone with an oversold on the RSI, with a Bullish Doji Star . Strong buy .
in my opinion 🔴 Stop loss 1800
🟢Take profit 1 1850
🟢Take profit 2 1900
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
QBTS | Very Oversold Condition | LONGD-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.
NZDUSD - Wait For The Bulls ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDUSD has been overall bearish trading inside the falling broadening wedge pattern in orange, and it is currently approaching the lower bound of the wedge.
Moreover, the zone 0.57-0.58 is a strong support zone.
🏹 So the highlighted orange circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower orange trendline acting as a non-horizontal support.
As per my trading style:
As NZDUSD approaches the lower orange circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Down For Two More Days and then...Today’s break below 4238 all but sealed the deal on Minor wave 4 going up higher. Most likely path now is the index is well into Minor wave 5 en route to the bottom below 4130 in the coming days. Some signs that Intermediate wave 3 does not have much more to decline is the multiple wave 3 signals visible on the Daily chart. A gap between wave 3 signals indicates the end of a wave 3 of 3 and the beginning of the end of the wave 3 itself.
The first signal clearly occurred where Minor wave 3 was believed to have ended. A return of the signal based on today’s trading means we may get a few more days of signaling before the bottom is established. But this firmly hints that Minor 4 is no more. The data for forecasting Intermediate wave 3 remains valid from yesterday as nothing has changed to impact those values. The slope to move up to yesterday’s forecasted Minor 4 endpoint to the Intermediate wave 3 endpoint looks much more realistic today after confirmation Minor wave 4 ended many hours ago.
METHODOLOGY:
I operate a modified wave theory composed of Dow Theory and Elliott Wave Theory. All data is determined from comparing current wave locations with historical wave relationships. The listed percentages are based on previous movement extensions and retracement quartiles of the data. There is too much data to list all points but overlap of the quartiles based on specific relationships tends to point to more likely targets. The light pink levels are based on most specific data, light blue is slightly broader, and yellow levels are the broader set of data used. A red level typically indicates maximum historical move for the current wave throughout the historical data.
MINOR 5:
Minor wave 1 was 21 hours, wave 2 was 40 hours, wave 3 was 62 hours, and wave 4 was a measly 10 hours. There are zero requirements left in play for Minor wave 5’s length meaning it can end tomorrow or a week from now (less likely, just getting the point across). Minor wave 5 is currently 20 hours old. The models point to a duration for Minor wave 5 to be less than 59 hours which would be the morning of October 11th. Some models indicate 45-50 hours for duration, with a renewed uptick around 52-54 hours long. Another pocket of strength is at 35 hours which is just over 2 trading days away. Models are indicating a bottom between 4115-4150 for Minor wave 5, with a bottom as early as 4200. The overlap in the Minor wave 5 bottom and Intermediate wave 3 bottom is a small area between 4115-4140 between the end of trading on Friday and midday next Monday. While both the yellow and magenta boxes could contain (or neither) the bottom, this small white overlap box will be the focus.
ECONOMIC CALENDAR:
If the bottom is Friday or Monday, Friday is very busy from a news standpoint, while Monday appears calm. If the bottom is Friday, it may go down initially as the early morning numbers are digested but then beginning to slowly move up later or Monday begins to drift upward on no news and a holiday for some folks.
EUR/USD Short Term Outlook (Quick trade setups)EUR/USD is showing signs of overextension on the daily. With an RSI reading of 24 and nearing the bottom of a declining trend line, we should start to see some calls for liquidity from sellers, opening up the opportunity for buyers to recover slightly.
I identified our upper supply zone which which sits right at our Major CHoCH level. I’m expecting price to rebound toward the fib 61.8/70.7% level for a mitigation and pull of liquidity.
Our two trade opportunities are:
1. Short-Term +- 3 R:R trade to the upside riding with the buyers toward mitigation and liquidity levels
2. Long-Term short trade once we mitigate these levels and grab liquidity for the sell-off
GBPCAD will rise soonGBPCAD is oversold at this situation.RSI shows that .so we can see a correctional buy .
EDUCATION
so to find tha point of reverse in the market we can use out fibonacci tool to high to the low the impulse
in that point we can see the 0.382 Fibo level is perfectly matched with the previous support which will become the resistance soon.( SBR ).also the trading is th reacting process it can not project .so we have to see the price action on that fibo level before it makes an rejection
USE your own risk management.
📅📈4-Year Bull Cycle and the 100 SMA Connection 🔄📅 The 4-Year Bull Cycle: Many seasoned crypto traders are familiar with the concept of the 4-year bull cycle, which appears to be a recurring phenomenon in the world of cryptocurrencies. Historically, it's been observed that approximately every four years, Bitcoin experiences a significant surge in value.
📉 The Dip Before the Leap: Interestingly, before each of these major bull runs, there's often a notable dip in the price of Bitcoin. It's during these dips that we see Bitcoin briefly dropping below the 100 SMA (Simple Moving Average) on the charts.
🚀 Setting the Stage: The dip below the 100 SMA seems to serve as a setup for the next bullish wave. It's as if Bitcoin takes a brief breather, shakes off weaker hands, and then prepares for its ascent.
📈 Past as Prologue: While history doesn't guarantee future outcomes, this pattern reminds us of the cyclical nature of the crypto market. It's not uncommon to see Bitcoin drop below the 100 SMA, only to rally to new heights shortly afterward.
🔍 Key Takeaway: Keep an eye on the 100 SMA, but remember that it's just one piece of the puzzle. Crypto markets are influenced by a multitude of factors, and no single indicator can predict the future with absolute certainty.
💡 Stay Informed and Adaptable: As crypto enthusiasts, our strength lies in staying informed, adaptable, and open to various perspectives. While historical patterns can provide valuable insights, they should be considered alongside other indicators and analysis.
🔄 The Cycle Continues: Whether you're a seasoned trader or a crypto newcomer, understanding the patterns and rhythms of the market can be empowering. The 4-year bull cycle and its dance with the 100 SMA are just part of the ongoing saga of crypto.
❗See related ideas below❗
Don't forget to like and share this post, and share your thoughts in the comments. Your insights fuel the crypto conversation! 💚📊💚
Fun tradeThe price is trading at all-time lows and appears oversold. I don't see any interesting price action on high time frames, but on low time frames (I posted the chart below in the comments section) it is doing something. I just bought some stocks just for fun, without risking too much because it's a meme stock, it's like gambling. It's not bad to bet a little.
📉 MVRV Indicator: When Oversold Means Opportunity 🚀📊 Understanding MVRV: The MVRV indicator measures the ratio of an asset's market value to its realized value. It helps traders assess whether an asset is overvalued or undervalued relative to its historical price action.
📉 Oversold Conditions: One of the key insights that MVRV provides is identifying when an asset is in an oversold condition. When the MVRV ratio drops significantly below 1.0, it suggests that the asset's market price is lower than the realized value, indicating potential undervaluation.
🚀 A Signal for Bulls: An oversold MVRV can be seen as a bullish signal, as it may suggest that the market has corrected too far to the downside. Historically, such conditions have often preceded the start of bullish trends.
🔍 Additional Confirmation: While the MVRV indicator can provide valuable insights, it's important to consider other factors and indicators to confirm a bullish trend. Technical analysis, trading volume, and fundamental news can all play a role.
🌐 The Crypto Landscape: Keep in mind that the crypto market is highly dynamic and can be influenced by a wide range of factors. Risk management and a comprehensive trading strategy are essential.
In conclusion, the MVRV indicator's ability to highlight oversold conditions can be a valuable tool for traders. When used in conjunction with other analytical methods, it may offer insights into potential bullish opportunities.
Stay vigilant, stay informed, and remember - the crypto market is full of opportunities for those who approach it with a well-rounded strategy! 📊🚀
❗See related ideas below❗
Follow + Like this post and share your insights in the comments; your engagement fuels the crypto conversation! 💚🚀💚
COMP Trade UpdateTraders,
Just realized I wasn't able to post the very fortunate trade entry that was made by me during our most recent flash crash a few days ago. I missed this post due to being briefly banned by TradingView for inadvertently violating House Rules.
Long story short, I happened to be sitting at my computer that evening and was perusing the charts per the usual manner. I noticed that COMPUSD had reached its target down from the recent Head and Shoulders pattern seen. But because the selling pressure was so heavy I decided to set my buy order even lower per chance I might get the order triggered and filled. Therefore, I looked for the next best level down and found that level at 35.55. This is where I set my buy order. Lo and behold it was filled! In fact, my chart which gathers data from the Coinbase exchange here, shows the candle wick bottomed only a few cents lower at 35.43! This, traders, is why charting levels, trends, and patterns can be very helpful.
Technical analysis is not always right. In fact, we have to count on a good percentage of our analysis being wrong. Such was the case in quite a few of my last entries which were stopped out during this flash crash. But TA gives us much better insight into what the probability of the trade becoming profitable might be. Pair TA with some fundamental analysis and you are well on your way to becoming a seasoned trader.
Back to this chart. You can see that we remain in the H&S Target box. From a technical perspective, this remains a good re-entry area.
Here are the positives:
RSI back above support
RSI still near oversold
Price in H&S Target Box
Price above good support (red area)
Here are the negatives, including fundamental considerations:
China FUD re: Evergrand bankruptcy
Elon FUD selling BTC
Macro-economic uncertainty = risk-off
Fed Powell Speech Friday
And one TA negative is that current candle is a shooting star
As you can see, technically the trade remains in your favor. But there is a lot of FUD out there. Be cautious. Never risk more than you can afford to lose.
Best,
Stew
PYPL Bullish Trend Reversal aheadNASDAQ:PYPL 4H candles shows lower lows, while Momentum making higher lows - this is a sign for a possible trend reversal.
This idea is supported by looking at the RSI - it was oversold and now starts rising again.
Profit target is the monthly pivot point at around 72.76
Will Bitcoin make a bullish correction soon?Looking at the daily candles, BITSTAMP:BTCUSD was making lower lows, while Momentum was making higher lows - this could indicate a trend reversal.
RSI is currently highly oversold.
So, BITSTAMP:BTCUSD might make a correction up and back to the trendline at around 23875 USD
TESLA Retesting Strong Support! Buy!
Hello,Traders!
TESLA has hit a strong
Horizontal support level
Of 210$ after it lost
Nearly 30% of its market
Value so as the stocks is
Locally oversold I think
That we will see bullish rebound
Buy!
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