EUR/USD - Weekly Time Frame and 364 Day AnalysisEUR/USD will be my go to pair for the year. Price is close to Minor Support Level. We currently have two bullish candles at the minor support level but there is a bearish engulfing before it. I envision a little pull back to the upside and final breakthrough to the downside or breakthrough to the downside for the longterm. The Bears have momentum on their side. I'm rooting for the Bears in this run because this could mean some solid trade opportunities along the way. I also call the minor support level "minor" because it has a number of break throughs = +5. Could this be breakthrough #6 or am I just completely wrong? We'll find out folks.
Let the Trading Commence.
Trading Journal Entry 2
05/06/19
Profits
BTC : 90% Mid Term Profits Achieved.Dear TWA subscribers its been a while since our team posted technical analysis forecasts here in trading view. we are glad you are still here with us while we were not doing our telegram trading channel on an active basis. This is mainly because of the market behaviour we have seen in thw last few months in addition to the works we have been doing specially related to our newly blockchain project which will make our service the best of all times. As we tried to explain it to you in earlier posts we are also doing fully studied and well organized trading tutorial materials which are going to available in few weeks. Our trading tips and signal posts will start to be posted in the very near future with our analysis team (in which brings additional well know traders across the globe.) We are still confident that our services were one of the best trading analysis teams and we will continue to give you guys the tips to gain high profits in short days. We would like to apologies for our passive activities regarding our services and we are looking forward in a postive angle that,you, our loyal subscribers will grant us a positive note on our apologetic approach. Let you give us your opinions on our services anytime as usual and we will be there to give you replys regarding any of your demands. We will post our weekly post schedules this week and services will start to be given again in an active manner.
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Regarding our last call on Bitcoin we achieved almost 75% profits on our midterm prediction in around 90 days. Our Mid term target on from mid December is already achieved. A total of 75% profits and for those who waited patiently a total of 90.6% profits in just 3 months.
EURUSD- Long position
This pair has reached its lowest price since June 2017. The price has risen this week creating a uptrend. This uptrend has reached a key level where it developed a resistance that created a retracement of 61.8% (4:H). This retracement also happens to be in a major support level which makes me believe its the perfect time to go long.
RVN/BTC Moon? Elliot Wave #3 Begins.Hello Friends,
Just like the title says, we have possibly begun wave #3 within this weekly elliot wave cycle.
There are some interesting points to make here about the indicator and oscillator on the weekly chart. I haven't included the RSI but have noted that the RSI is in the neutral zone. As seen on this chart we have a strong bullish divergence between the CMF and OBV. Wave #2 has retraced to exactly to the 0.0168 fibonacci level and began to make progress upward. The other interesting point is that the fib bounce is in concert with the 20 EMA. So the 20 EMA is acting as support for right now. Take note that the current Japanese Candle is showing a bullish hammer candle within the buy zone of the recent retracement on this chart. Elliot wave #2 has also created a descending price channel which is also bullish.
I have supplied the support along with the stop loss if anybody is interested in this trade. In addition to that I have giving a forecast of where RVN might go within the acceptable fib levels. Wave 3 may only make it to fib 1.618 which will affect wave 4 and 5; keep that in mind, and watch carefully as we approach this level.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button . Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
RVN/BTC Re & Re Wave #3Hello Friends,
Slight adjustments were made to this chart that I had previously published. However the point remains the same and thus nothing changes but a few minor adjustments were made as explained below.
I noticed after the fact that I was missing the first wave correction fib. Also noticed that my fibs moved slightly, must of bumped clicked and they moved slightly (not much to make a difference) but however here is the correction to that.
Take note the red 843 sats mark on the scale to the right was the 20 MA at the time of my last publication. The 834 sats is the green support stop loss where RVN bounced along "within" the bounce zone of the 0.618 fib retrace. This is just to be clear for those who like to be critical and can't see the forest for the trees.
Cheers!
Stone co stock price analysisCompany: Stone co
Quote: $STNE
BT: $22-$24 (if we get it ) Pending how the shorts play this could bounce back quickly or slow bleed to cover, no need to catch a falling knife so hawk it if interested, tapes will tell a lot better story
ST: $32
Next Earnings Date:
Description: StoneCo Ltd. provides financial technology solutions that empower merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and technology and solutions to digital merchants through sales and technical personnel and software vendors. As of June 30, 2018, the company served approximately 200,000 clients, which included digital, and brick-and-mortar merchants, primarily small-and-medium-sized businesses; and 95 integrated partners, such as global payment service providers, digital marketplaces, and integrated software vendors. The company was founded in 2012 and is headquartered in São Paulo, Brazil.
Short Interest:
Short Percent of Float 20.46 %
Short % Increase / Decrease 3 %
Analyst Ratings: Stock Price Target STNE
High $47.00
Median $40.00
Low $20.00
April - 05 - 19 Downgrade Citigroup Buy - Neutral
March - 21 -19 Re iterated Morgan Stanley overweight $35 - $47
Jan 15 - 19 Initiated BofA/Merrill Buy $26
Nov 19 - 18 Initiated JP Morgan Neutral $25
Tapes last week: 3/5 buying started picking up near the end of the week but rather bearish.
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USDJPY LOOKING GOOD FOR BULLS!USDJPY is showing some great bullish potential and is currently consolidating ( trading sideways) and creating bullish divergence.
I will be looking for a bearish retracement of 50% of the bullish impulse move ( point 1 to point 2). Should price moved towards this zone, I will be going long with 1% capital risked.
Considering price is consolidating as such, there is a possibility that price may re- test the trend line and go long from there. I will update my analysis accordingly.
SL (Red line) - Should price move to this zone my edge will be invalidated.
TP (Green line) - Take profit is set at twice the length of the retracement thus creating an opportunity with a 1:2 Risk to reward.
BUY OPPORTUNITY ON CADCHF!Here we go again...
Another buy opportunity and this time on CADCHF.
Daily time frame analysis shows this pair having strong bullish momentum. Price has reached a strong resistance zone where we may potentially see price retrace before moving bullish again.
I will be looking for price to retrace bearish to the 50% Fibonacci level whilst creating bullish divergence. This would be a good opportunity to buy.
Both stoploss and take profit have been marked.
RR = 1:2
Capital risked - 1%
70%-120% LONG POTENTIAL!Hello guys here is why I think we are going to mini-moon in the next month or so
1. Have been bleeding for a LOOOOOONG TIME
2. Trading and holding above 200 EMA for the first time in a loooong time
3. Bullishly broke a pennant pattern yesterday
4. 55 EMA Bullish crossed with 100 EMA (Pink EMA line) (Daily TF)
5. Broke and held 2900 resistance which is now support.
6. Target 1: 5000 sats
Target 2: 7000 sats
Trade at your own risk. I am not a financial adviser.
EVENTBRITE INC Stock analysisCompany: Eventbrite INC
Quote:$EB
BT: $20.90
ST:$28 (selling before earnings on may 1st would be ideal)
Description: Eventbrite, Inc. operates a ticketing and event technology platform in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
Short Interest:
Short Percent of Float 26.11 %
Short % Increase / Decrease -32 %
Tapes last week: 4/5 very bullish (shorts are covering if you notice above compared to last week)
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Bullish Position - Retracement ImminentSince the appearant oscillation of the stock has begun to arise, there is great opportunity for the momentum of the stock to make a significant reverse into the bullish vicinity.
Not Investment Advice. For Educational and Analysis Purposes Only. (Be Diligenet and Stick To Your Trading Plan).
-LionGate
Volatile Past - 4hr Interval - ADMAHello Everyone,
The stock (ADMA) PA (Price Action) has been nothing but (IMO) an eye opener. As numerous traders were seeking to short the stock at price intervals (4.10 -4.15), there was another (bullish) penetration in the stock's trading average. This certainly is lesson for anyone interested or keen on investing in the stock market. (Avoid sporadic price fluctuations, be diligent and considerate of market catalysts)
Resistance Level 2 - (6.80 - 7.10) 30 cent interval
Resistance Level 1 - (5.80 - 6.10) 30 cent interval
Blue Horizontal Line (KPZ) - (4.30 - 4.55) 25 cent interval
Support Level 1 - (1.90 - 2.20) 30 cent interval
Furthermore, risk management is pivotal when attempting to trade such a stock. (Do not let impulsive actions wipe-out your account).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Plan)***
-LionGate
Nikkei 225 Sell Off LoadingUltimately the drawing pretty much sets out the trade idea here.
The trade Idea is only valid if the market breaks the level marked below the current indecision. I have taken the aggressive entry as this suits my trading strategy to take opportunities with huge Risk:Reward ratios on the acceptance that I am likely to lose more than I win, but the winners far out weigh the losers in monetary terms.
Current Consolidation - Daily Interval - ONTXHello Everyone,
The stock (ONTX) began price consolidation after a tremendous push north (Bullish). As of currently PA is immensely volatile and I advise caution when longing or shorting this stock.
Resistance Level 3 - (11.15 - 11.35) 20 cent interval
Resistance Level 2 - (5.90 - 6.15) 25 cent interval
Resistance Level 1 - (4.70 - 495) 25 cent interval
Blue Horizontal Line (KPZ) - (3.35 - 3.65) 30 cent interval
Support Level 1 - (1.55 - 1.80) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Position Developing - 45min Interval - CELHello Everyone,
The stock (CEL) has appearing to garner a modest amount of upward momentum. In the very least, PA is either attempting to consolidate at current price levels or formulate a breakout position. (Let Market Action Take Place and Then Form Your Decision).
Resistance Level 1 - (7.45 - 7.75) 30 cent interval
Blue Horizontal Line - (4.25 - 4. 55) 30 cent interval
Support Level 1 - (5.30 - 5.55) 25 cent interval
Support Level 2 - (3.40 - 3.70) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***
-LionGate
END OF DOWN TREND? POSSIBLE 600 PIP TRADEGood day risk takers,
The Market has been in an intermediate down trend since early April 2018, for the first two months of the downtrend it had a strong momentum. Market then started to run out of steam but slowly pushing down until entering an 11 month channel with occasional fake outs to trap sellers and buyers. In November 2018 Market tested support at 1.1216 which is a very important level which held in May-June 2017 and November 2016. Price failed to break through and continued in its channel until testing the support again in 09 March 2019 and now which is current market price (02 April 2019). We see divergence on the weekly time frame for the 14 period RSI which indicates a reversal is eminent.
The question we have to answer now is that is this the end of a downtrend(intermediate), there is an 11 year old trend line which the market respects and could possibly be the long term target if the market were to reverse which is also a resistance for the primary downtrend.
In terms of fundamentals the US-China trade talks are still the main issue of concern, there is also Brexit for the Euro and Quantitative Easing, all these would be instrumental in driving the pair up to the 1.1800 which is possible were the trend line would extend to at the time.