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Centered Oscillators

Buy off supportOur previous Key resistance that was needed for a breach too continuation of .89200 is now acting as a Key support as presented on the 1 hr chart. While MACD/SIGNAL have made a cross on the 1 hr chart to set for a zero line cross, our two hear MACD/SIGNAL are making their initial cross for continued momentum. Our 1 hr RSI has made its breach deep out of the oversold zone with eyes on the overbought zone. Our take profit is our clear first line of strong resistance at .90000 with a take profit 2 at .90500 pending a .90000 breach. Stop loss would be a clear breach and continuation of our current support. Please comment with any thoughts and ideas. Thank you.
Long
by Pika7993
1
EURNZD - 08-12 Feb 21 Week Trade Plan EURNZD Previous Month : Bearish Previous Week : Bearish Daily : Slightly Bullish - EURNZD finally broken the range and closed below 1.6780 reaching 1.6720 and barely 1.6620, meaning we are in a very solid bearish momentum. - The COT report showing that NZD sellers are picking up for the first time since the start of 2021 but still not a confirmation that buyers are out yet. I anticipate that this could be the spike that EN does with each new low created. - Seasonality is not correlated with the current PA as NZD strengthen during Feb and created a pick now while Seasonality is showing ranging and a bit of weakness for NZD. I'll wait for this week to clarify a bit to confirm. - So with Current solid bearish momentum, COT and Seasonality; I'd expect EURNZD to continue the bearish momentum and any spike will be treated as a good opportunity for shorts until a solid formation above 1.7020 level. - Through trading several Months EURNZD, I prefer to see retracements to any move in order to have a range to trade to target created. So i recommend to Short after retracement or break and Resistance formation below broken Support and vise versa for Longs. - We have important news for NZD on Tuesday and Friday for Inflation and Business PMI also some news from China on Wednesday which also effects NZD. Daily Chart : Weekly Chart :
by Amr_Sadek
2
Buy technical analysis Presented is a buy technical analysis on the one hour chart. I mapped out the key supports at the sell off as we can see a pivot at 1.05400 with a support retrace at 1.05600. Following we can see the MACD/SIGNAL line making the initial cross up through the 0 line. This will increase buyer volume which will increase overall trend momentum. As a result we will see the RSI breach into the overbought zone. Take profit 1 at 1.06500 to secure profits in case of a pivot with a second entry riding through a potential breach to take profit 2 at 1.07200. Please comment with thoughts and ideas. Thank you.
Long
by Pika7993
4
Bull case for NIO using EWP Since the start of November of 2020 NIO has traded in an uptrend as pointed out by other traders interested in NIO. More recently it has been moving in a descending wedge pattern as it trades to the lower range of its uptrend to find support. On the daily chart, NIO is also finding support on the 25 day SMMA (and support on the 50 day SMMA on the 4hr) this seems to be converging with the lower support of the uptrend,an imminent MACD buy signal and the plotting of the EWP. The convergences of which may be a strong buy signal.
NYSE:NIOLong
by Yoimdop3
4
Analysis off resistance rejectionLooking for a pivot at marked resistance for a sell. These levels are 1.33400 and 1.33800. Look for a clear pivot off these levels for a sell entry. Currently MACD and Signal are above zero lines with potential cross through high volume Histogram bins telling us a retest is in play. A pivot off one of these rejections will initiate a macd/signal down cross to proceed towards 0 line. This is a strict analysis. Please comment with thoughts and ideas. Thank you.
Short
by Pika7993
1
EUR/CAD: Sell pressure in the trend; explain it!!!In this analysis, we see that the day trading it's so bearish in Euro/Canadian Dollar or EUR/CAD. Now, I'm enfocous more in H2 tmeframe becuase in this point, there's an interesting good short position in this par that we can to sell right now in the market. There's a short opportunity to find down 102 pips, that it's a good profit to take it. I'm in the market price approximately in the $1.5439 CAD with the SL at $1.5480 CAD (45 pips) and my target will be the $1.5332 CAD (102 pips) This analysis in H8 timeframe it's the best to watch, becuase if you noticed it, we following this bearsih trend line that I also show them with red arrows these reaction that they make. So, I entry right now in the market using the price action in H2 timeframe, H4 it's ok, but I'd reccomend this timeframe H2 becuase it's the better, and also, this par it's so volatile and so liquidated that make movement so fast!!! And that, it's my Daily chart, we see that EUR/CAD it's into this cosnolidation and maybe in shott term, we could to leading down to these demand zone, in this yellow zone to bought, that it's a nice position ot put long position in these yellow zone in the down that formed this support!!!
Short
by harisonhbn9718
2