InfosysAfter giving a bit good correction, this stock may show a good move in short term, add it in your watchlist.
Technical
Fri 5th Aug 2022 USD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/JPY Buy. Enjoy the day all. Cheers. Jim
$GRAB - Buy with upside of +50% to +90% Technical Analysis
Oversold with weekly William %R and RSI starting to show reversal signs.
Daily RSI crossing above 50 and looking ready to curl upwards.
Price consolidating between $2.60 - $3
Broke out of the wedge.
Price Target
Buy between $2.60 -$3.00 or above $3 for confirmed breakout.
Analyst Price target: $4.6 (
Fib Level Price Target of $5.70 (upside of +90%)
GME Breakout Alertwe getting near to important breakout around the 40$, if we did and hold we going to test first the 49$, then around the 60$.
NYSE:GME
EURO USD SELL ANALYSIS Here is my analysis for the coming weeks , the supply zone above 50 on the fib retracement are our discounted prices for euro , usd if we are to keep going in a downtrend .
if we break the supply zones then we could start looking at potential reversal but at the moment no sign of that yet .
Sell position in this currency pairConsidering that according to the world economy, most currencies such as the pound and the euro have been under the pressure of the US dollar, and according to the channel strategy that I have mentioned on YouTube, we have overlapped resistances (daily channel ceiling and 20 daily moving average). The sell position is logical from a technical point of view, but if the channel fails, the sell position will be canceled. So, the possible option is that you can trade with high volume for selling, and for buying with low volume, but remember to set a loss limit. You can even hedge positions.
Be sure to suggest and criticize in order to improve this strategy, I welcome it
Ethereum bull run. ETH forecast!ETH bullish wedge , go up the trend, target $2000
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
BTCUSDT - Trend reversal from $24k to fib retracement $29kTechnical Analysis
Weekly oversold (shown by low RSI and Williams %R )
Price attempting out above $24k and entering the pocket between 10EMA and 20EMA on the weekly chart for a potential retracement to £29k (weekly 20EMA/ 0.236 fib level)
Price Target
Entry $24k
Target 1: $26.5k
Target 2: $29k
Gold will hit 1710?In this chart I have shown the probability of Gold reaching the 1710-1712 price range in the course of next few days.
It has broken its' one week trend line and is heading towards the two weeks trend line, if it is broken too, the next target could be highlighted area with the rectangle.
Sell position on DXYAccording to the recent increases of the dollar and overbuying, technically, the bottom of the channel and the trend line have a good overlapping support and attracts like a magnet.
You can enter into sales with a suitable risk-to-reward ratio
Channel dynamics strategy
As you can see in the picture, overlapping of daily and 4-hour channel ceiling has been able to form a good resistance.
Also, in the dxy symbol, the overlapping of the floor of the daily and 4-hour channel has been able to form a good support.
Simplest technical analysis for ALL CRYPTOCURRENCIESSimplest technical analysis of Crypto Market Cap against Gold. Check out my page for fundamental analyses.
Implied graphical explanation for the drawn lines:
Thanks for your time.
EURUSD Possible bullish channel...watch outhere is my channel for EURUSD for these days...hope to traders to use this at their trades.
bullish run.nas still continues to trickle its way up breaking the major weekly swing high, in 1w , on h4 we expect price action to pull back to the daily imbalance and orderblock and reverse there
sentiment tradinglong idea based an analyses on trading sentiments and technical indicators, ill be using more kind of these trades on my real account but only posting one per day, hop u have a green portfolio and good luck
Ethereum target 2000$ review !ETH bullish wedge , go up the trend, target $2000
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
(OPUSDT) Short Signallook at the chart in 4h
its going down after a bull run
the target is about 0.98
BTCUSD Short term TAGoodday fellow traders,
Short-term update! Looks like a false alarm. Price action well on its way to retest a longer term resistance. See my related ideas.
What to include in your Trading RoutineMost people dive straight into trading without knowing how or why. They also don’t plan ahead.
This is why most people are unsuccessful at trading.
Having a well developed plan is KEY 🔑 to trading success!
Let’s see what in must need in trading routine:
1. Trading Journal 📝
You won’t improve without a trading journal, your whole trading routine is built around your trading journal. The time you’re trading without one is wasted time period.
2. Backtest 📌
Do it every week at least once.
Backtesting increase:
- Confidence in your strategy;
- Self-confidence to execute it;
- Discipline (when you’re confident about your strategy, you are more likely to respect it.)
Tip: Journal your backtested setups.
3. Weekly mental preparation ⏳
Write down things like:
- What are the things you want to work on.
- What are the habits you want to improve.
- What are your goals for next week.
4. Technical preparation 💡
- Make your analysis.
- Study the different price scenarios.
- Prepare your trading ideas.
You can do it weekly or daily depending on your needs.
5. Weekly performance analysis 🎭
Open the psychology section of your trading journal:
- What did you do well?
- What could have you done better?
- What lessons did you learn?
- Realization about yourself, your strategy and the market.
6. Wins and Losses analysis 🌓
- Open the charts of your trades one by one.
- Read your mistakes
- Write down at least one lesson you took from each trade.
Tip: always take a screenshot at the exact entry point of each trade. This allows you to mitigate the hindsight bias and develop your pattern recognition skills.
7. Writing ✏️
Write down your thoughts and emotions on bad days.
It helps you understand your mind and gives you clarity.
It’s a great way to focus on the process and be patient.
8. Activities outside of trading 🚴🏻♀️🚣🏻♂️
You’re going to lose motivation and belief with your trading many times, you need to have extra motivational source.
If you only rely on your trading results to feed your persistence, you ganna give up easily.
If you like this content help me grow ❤️🌱
I’d be happy you add more tips to learn from each other
AUDCHFAUDCHF failed to break above precious resistance. Looking for a clear corrective structure to sell into next week.
BTC forecast +20% in deposit signal!▪️Deadline for the deal is 7-10 days. Technically, it looks very nice, we are trading at the lower border of the channel, also pay attention to the indicator below, it signals a buy, you need a short stop count for your risk management.
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
BTC/USDT 1hr CHART UPDATE!!Hello everyone welcome you all to this exclusive BTC 1hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see from the above-mentioned chart that BTC recalled its previous position after a sharp bounce of 13% from the lower green support level of $21k.
In the current scenario, BTC is about to face its local resistance level of $23.8k.
MACD also printing slightly lighten green bars and it's about to print a bearish cross over.
Here we can see a short pull back to lower levels and bounce towards the price level of $25k.
Let’s see how it goes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Tesla breaking resistance looks bullishTesla has broken out of resistance forming triangle pattern and looks good for new lifetime high with minor resistance around 950.
