Following this channel the prediction allows a 3M Bitcoin which is a bit crazy but could it happen? Its still within the long term channel up and is the top point of this channel Weekly timeframe Anyone want to add some thoughts? Perhaps a rise of 4800% is too much?
#ADA #Cardano #ADAUSDT #ADAUSD You can't deny this head and shoulders on ADA target is right at the resistance zone. Keep in mind that Until the neckline of Head and shoulders are broken, no position should be opened.
For educational purpose only. This is not investment advice.
As illustrated, I am trying to visualize what COULD be an inverted head & shoulders pattern, THAT HAS NOT BEEN FORMED YET! I REPEAT: IT HAS NOT BEEN FORMED YET The only reason I share this idea, is because tomorrow, WED 18th, the FED has to decide for the last time this year if to lower rates or keep them at 4.75% basis points. Should the FED decide to LOWER them, this could cause gold to spike and potentially being the bullish impulse I am trying to project here. Should the FED KEEP the rates where they are, the market MIGHT simply continue its "current normal" path which STILL HAS BEARISH STRUCTURE. THAT BEING SAID ... Be patient with this potential setup, and wait for the rates to come out + a few hours for the market to price in the decision of the FED, because there is still room for gold to drop to the psychological price range of 2610 - 2600. Gold is at a spot where it could manipulate one more time before a pop to the upside, in order to induce sellers and generate liquidity. Regardless the outcome of the FED rates, if price does indeed take off, make sure it closes above the pivot area illustrated and make sure such area HODLS as support In the near future for a potential buy opportunity towards a year-end bull expansion toward + 2730... -- GOOD LUCK!
Gold has broken 2650 support in the past day. I will sell at the retest. 1st target 2620. If 2620 is broken, we could see 2550 soon.
UNITEDHEALTH GROUP | THE BEAR'S CLAIM: NYSE:UNH PAYS THE PRICE Dec17 UnitedHealth Group, NYSE:UNH , UNH NYSE:UNH Trends: NYSE:UNH Weekly Trend: Bearish NYSE:UNH Daily Trend: Bearish NYSE:UNH 4H Trend: Bearish NYSE:UNH 1H Trend: Bearish NYSE:UNH Price Target Areas: NYSE:UNH BUY/LONG ZONE (GREEN): $488.75 - $514.75 NYSE:UNH DO NOT TRADE/DNT ZONE (WHITE): $480.00 - $488.75 NYSE:UNH SELL/SHORT ZONE (RED): $455.00 - $480.00 All indicators are pointing to bearish for $UNH. Looking at the monthly timeframe we can see there is a range that was respected between the levels of 480 up to 555. After price finally broke the level of 555 a new range began. 560 up to 615/620 area. Given the recent news and events; the stock has since seen a deep bearish trend. Momentum has taken price all the way back down to the previous range low of 480. Price currently rests on 480. Bears should seek continuation and target levels of 455/460, or even down to 415. Bulls should look for a reversal marked by breaks over 488.75 on the lower timeframes, or the 549 area for a higher frame reversal. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, unh, unitedhealth, unitedhealthgroup, NYSE:UNH , insurance, insuranceclaims, unhinsurance, unhclaims, unhdeductible, unhstock, unhprice, unhtarget, unhsetup, unhtrade, unhzone, medicare, unhanalysis, unitedhealthanalysis, unhtradeidea, unhidea, unhrecentevents,
The world is not ending (yet). NASDAQ:NVDA is down a little over 12% since the beginning of November and everyone acts like it didn't have drops of 20+% in August/Sept and 25ish% in July. Normal state of affairs for NASDAQ:NVDA , so I'm a buyer here. Beware, though. While my algo is historically undefeated on NVDA, it has also gotten me into FAST, APD, CR and some others lately that are acting like absolute dogs. I'm sure they will work out in the end, but these trades would test the patience of most - they're testing me and I know how the story ends already. I'm hoping this trade breaks that ugly streak I'm on rather than joins it. Fingers crossed... I'm adding as long as the algo says it's a buy and I'm selling any lot on its first profitable close. Same plan as usual. Side note: most of the trades shown on the chart used a more aggressive exit strategy than this does. Closing out on the first profitable close for a lot works especially well when a trade entry is part of a downtrend. The trade should close more quickly, but generate a smaller win when it does. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NZDUSD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 0.5750. Price action looks to be forming a bottom. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.5775 will confirm the bullish momentum. We look to Buy at 0.5750 (stop at 0.5720) Our profit targets will be 0.5825 and 0.5850 Resistance: 0.5775 / 0.5800 / 0.5825 Support: 0.5750 / 0.5725 / 0.5700 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
For educational purpose only. This is not investment advice.
For educational purpose only. This is not investment advice.