Financial
Up momentum for $XRP #XRP is almost breakingTrying to simplify the $XRP chart, but if you cannot see the Square, meaning the probabilities are all in favor of #XRP its possible to reach the $250-$320USD this is the most realistic aproach of dynamic momentum for the chart as a whole, the red line is the existent support.
EURJPY H4 - Long Trade SetupEURJPY H4 - Clear consolidation (pennant) seen here on EJ. Nice strong rally with minor pullbacks from 120.300 to 124.300, now starting to see some accumulation/consolidation, gearing up for the next breakout. Bullish pennant, typically expect a bullish breakout. Generally seen as a continuation pattern, but if you wait for the break and retest, you're able to trade either way.
EURCHF H4 - Long Trade SetupEURCHF H4 - CHF has seen a recent bid, GBPCHF and EURCHF has dipped a little, trendline support on GCF has broken, but support on EURCHF sits at circa 1.07220, lets see how this zone holds as we approach close, could look to buy back up to resistance at 1.07900 which offer over 1:5, with a little bit of luck could break resistance again and look to set new highs, pushing in excess of 1:12.
GBPCAD H1 - Long Trade SetupGBPCAD H1 - Starting to restrict a little here at this resistance zone. As indicated, we ideally need to break and retest this resistance (turn to support), when we find support on the retest, this could be our buy opportunity. Break and retest is imperative, otherwise you'll effectively be buying from resistance. Some other GBP pairs looking like they want to break downside, these pairs will follow shortly.
QEP potential bull marketYou can see that the MACD gives a buy signal on 2 July, and CMF shows us, there are more buyers than sellers.
I think we're standing at the beginning of the bullish market.
On 4 July QEP got $500 million financial help for Wells Fargo Bank, so the liquidity of QEP is stable now.
$FOCS can rise in the next daysContextual immersion trading strategy idea.
Focus Financial Partners Inc. provides wealth management services to primarily high net worth individuals and families.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $32,65;
stop-loss — $30,56.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$QD can rise in the next daysContextual immersion trading strategy idea.
Qudian Inc. provides online small consumer credit products in the People's Republic of China.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,89;
stop-loss — $1,79.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$MARA can rise in the next daysContextual immersion trading strategy idea.
Marathon Patent Group, Inc. focuses on mining digital assets. It owns cryptocurrency mining machines and a data center to mine digital assets.
The share price rose after the company announced the installation of 700 M30S+ ASIC miners. The company also became debt-free.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,10;
stop-loss — $1,04.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
EURNZD H4 - Long Trade SetupEURNZD H4 - Seen a 100 pip rally from support here, hoping to see something similar on EURCAD, we wanted to take a trade from EC rather than EURNZD due to RR benefits. EC seems to be lagging for the moment, saw a nice H1 engulfing from support, but have yet to break the counter trendline.
Time to buy Silver?This isn't another altcoin - it's a silver precious metal.
Why have I decided to present this chart? I intend to buy physical metals in the run-up to the global financial crisis.
In times of instability, investors seek refuge for their investments and precious metals are generally a safe haven. I think in the next crisis, investors will choose this asset as well.
It's important to note that after the dot-com bubble, investors began to invest more and more actively in silver, and it's in the crisis of 2007-2008 that it's their protective asset that grew in price until 2011 and made + 800% and it lasted until it became clear that the stock markets had recovered and continued to grow.
However, what do we see now?
Silver looks like a standard altcoin, after the fall we form a triangle pattern and I think we'll reach the support, horizontal line after that we can touch the main support zone near $8 per ounce. The same chart as Bitcoin when it fell from $6000 to $3000. But there is an assumption that we've already broken the support line during the Covid-19 pandemic.
During a critical stage of a crisis, when stock markets will fall, at this moment silver will also fall but recover faster than stock markets. We can see an example of a repetition of this assumption on the example of a coronavirus.
We are moving towards digitalization, tokenization, and I won't be amazed if in the future some kind of currency 100% backed by gold or silver appears. Therefore, having a supplied asset, like silver, will be reasonable.
Especially if we talk about financial markets where people trade derivative assets ( futures, derivatives, options, etc.) for metals, I can say it with 100% confidence that all these derivatives aren't backed by real metals, and when the time comes to boost the price of silver or gold, then these arguments will necessarily be used by metal holders, by publishing it in the media and causing demand for physical metals.
For those who think they can buy silver at a 50% discount.
As we see in our example, during the period of "Covid-19 Crisis" states prohibited the sale of physical gold to individuals. Most likely while this period, the price on the chart will be underestimated, but you won't be able to buy because there will be no supply.
Wherefore, my advice is to diversify risks.
Best regards EXCAVO
$ASA can rise in the next daysContextual immersion trading strategy idea.
ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $16,04;
stop-loss — $15,45.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$PRA can fall in the next daysContextual immersion trading strategy idea.
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States.
The share price fell after bad earnings. Looks like it will continue falling.
The demand for shares of the company still looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $15,91;
stop-loss — $18,00.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Rating: PayPal - Strong Sell NASDAQ:PYPL : Strong Sell
Analysis Method: Fibonacci & Wave Theory
Thesis: Financial System decentralization
Immediate Target: $95
Immediate Time-frame: <62 days
Long-term Target: $80-$50
Long-term Time-frame: 267 Days
Daily High Wave Sequence:
Will update.
FMW
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