NAS Ideas This is just levels that I will be looking at for potential reversals or continuations ONLY.
50percent
July Seasonal Long Copper HG1!: Seeking Gap & clean highs-We retraced down to 50% of the 2024 up leg, finding support.
-We neatly found support at the Volume imbalance W and the midpoint of the Fair value gap M, circa 50% of said 2024 up leg.
-July has a strong bullish seasonal tendency.
~The plan would be to take partials (half off) in the gap (FVG- fair value gap) circa 4.75; and move stop-loss up to trailing.
~If this runs up hard & fast, ideal target would be the high time frame clean highs 5.24
~Timestop: End of July marks end of seasonal bull, so depending on the price action context, i'd be inclined to close the trade as we enter into August.
~If this proves bearish and i'm wrong, I would close the entire position if we come any lower than a mere peep below the late June low; stop-loss would be at 4.31
**B-ADJ toggled ON; SET toggled OFF.
**Just an idea for paper trading purposes, not financial advice.
OMX - Bounce on the 50% levelI see that many are worried now and warning of an impending stock market crash, and that an economic recession is on the horizon with rising interest rates. 🥶
I have a completely different perspective. I believe that the bottom was already reached in 2022, and the decline we've experienced over the past two months will soon be over.
I believe the economic downturn has already passed, and the economy is heading towards brighter times. It might take some time, but the stock market always leads the way, and I believe it will be the same this time. 🫂
The fifty percent zone is always significant, regardless of the time frame, but it holds particular importance in the long run. The blue mark represents the 50% zone from the 2021 peak to the 2022 bottom, and this zone will be highly significant. ⚖️
If we start closing below that zone, it could lead to several years of challenging times. Currently, we've just bounced from there, and I believe we'll move up from here. It's possible that we might bounce around down here for a while before moving up, but I'm quite confident that we won't go much lower than where we are right now.
The dollar looks strong and has recently broken out, which isn't favorable for assets. The dollar also has a crucial 50% zone that I believe it has the potential to reach and then reject. This should be the last major uptrend for the dollar before it falls significantly. 💵
We'll see how everything unfolds. Depending on what the dollar and the U.S. stock market do, OMX may be affected. SP500 and NASDAQ are somewhat away from their 50% zones, so OMX might decline for a short while before rebounding if the larger indices react positively at their 50% zones. 💬
As I've mentioned before, I believe we will reach new All-Time Highs within the next 10 months. 🥳
Best of luck!
BSOFT is forming channel patternNSE:BSOFT small cap IT stock is forming channel pattern.
This stock is trading at 50% below its all time high, but producing good result, hence giving wonderful opportunity to take high returns when US market turns favorable.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
Analysis of GBPUSDHello traders, as you can see GU is retracing to the upside but overall GU is on a downtrend. So I am expecting for it to reach 50% or less and a double top for a continuing to the down side long term to 27% which is my target for next week. Next week it might make another retest on the neckline if it forms a double top. Thank you for reading!
at the 50% level of weekly long barkey level resistance ahead
expecting to reject from here
📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉
No sellers left on XYO ? 1:3 trade ideaWe are making lower lows with less and less volume while hitting the previous POC, this could be a sign that sellers are running over.
I think we could retest the current value area, maybe a 50% gain in the next month?
Let's see, risk-reward makes sense
MNET to 76 centsSwing trade for MNET to achieve a 3 target trade for 68% ultimate target from 45 cent to 76 cents. Be aware that Twitter influencers believe and shill this is going to $1, so be ready for them to dump early as well.
SNX up 50% soon ? 1:3 trade ideaWe are facing nice demand zone that worked well in the past and we are also trading at current value area low.
SNX seems strong also against BTC at the moment so I expect a nice rebound from here, let's see if the others buyers agree.
The trade setup has the entry above my demand level and stop loss below it, the target is near the POC of the current value area
XSPA, bottom of range play on micro cap stock.*Not financial, trade, nor dating advice.
This is a snipe of an asset that has been severely impacted by Covid lockdowns and, in so saying, could be an extremely volatile play if a variant makes headway through Summer and Fall. I don't have a prediction on when this trade may play out, but I'm getting very interested what I see on the chart.
It's in a great location, at least for me, bottoms of ranges between 68.1 and 88.6 x2 off of fibs taken from the past 2 most significant outbreaks.
Price action has been trending upward after break of the trend line from a pop in the spring. Previous to that it saw a high in June 2020, and a 50% play to $4.83 is not out of reach should this asset pick up more buy volume, and absent any spooks to the market. It has multiple W market structure in price action and in the internal indicators. Buy volume is gradually getting greater but still needs to see a more significant push. Maybe on earnings news?
The moving averages are converging and starting to show upward movement. I'll believe it is bull when the 13ema crosses the 30sma. Right now the price is sandwiched between the 30sma and 200 sma, but still looks good imo.
There are two bullish MACD divergences, both confirmed.
MA's pointing up and have crossed the obv and the modified Williams%R.
You can view the fundamentals here. Nothing to write home to mom about, but, more importantly, nothing terribly alarming stands out to me.
I got a double after an entry in Fall 20 and have free stock after a trade in spring 2021. I'me slowly accumulating, and I'm in the trade without stops. Only a small percentage of my investable capital. I'll risk it going to 0. I'm looking to sell half on a double to get my original investment back and let the rest ride.
I'm a beginning trader and like to incorporate technical and fundamental analysis into my trades. I also like when others take the time to share their thoughtful analysis, critique and comment.
I received my discretionary trading education at TRi, School for Trader Development.
Thanks for stopping by.
CKBUSDT don't miss this special offer !618fib + trendline support + support
and it's almost 50% to local high from now !
buying the dip was never easier.
EUR/USD institutionalhello everyone! We can see that banks are in drawdown since they sold before buying.
This means they need to mitigate their positions moving the price at least
to 50% of the last bearish candle before the reversal. I will only enter the trade long if this happens
SRPT holds Support a second timeAfter earnings NASDAQ:SRPT tanked HARD to what was a prior support at 126.53 where I had entered back in September. I watched this closely with a residual positions to see if it would hold it or break the level. I wanted to have some skin in the game for SRPT to retest the highs for the long term. So far today it looks to be holding that level as it has retraced a full 50% of the post-earning drop.
Marking this up for posterity as a collection of examples for the 50% retracement levels being a powerful signal of Support and Resistance.
Imbalance Trade EURAUD 1hr Imbalance Gap
50% Fib from zone or High of the zone for Entry
1:2 R/R @ 20 pips
FVG Concept Trade EURNZD possible long position
1hr- 15min structure zones
Early entry @ high of FVG zone
ideal entry @ 50% fibonacci level
1:2 R/R
FVG Concept Trade EURCAD Possible Short position
4hr - 1hr Supply and Demand points
Ideal entry at 50% fib level
1:2 R/R
FVG Concept Trade EURGBP Possible Long position
1:2 R/R
Early entry at high of FVG zone
Ideal entry at 50% fib level
BEAUTIFUL Support on CMII'm really proud of my trade and position on NYSE:CMI not just for the profit but the beauty of clear price structure which I wanted to share. This is clearly a BULLISH stock on a run but within it are some positive teachable moments. Multiple times it has held CLEAR price high/log inflections along with 50% retracement levels.
Trades like this are why I love trading... when things just come together in an almost artistic way!
SPY trade off the 50% retracement of the weekThis afternoon after 1pm in the "zombie hour" there was actually a great trade on AMEX:SPY . I missed it because I was at the gym when the signal came in but I wanted to make a video about it for my own posterity as to what makes a "GOOD TRADE!"
What made it a good trade is that the reversal signal occurred right at the 50% retracement of this week's big price action from the High of Monday's open to the Low of Tuesday's open. So far it seems as of today Wednesday we bounced off that level and established a smaller range which I'll be watching.
This is going to be compiled as an example of why I think looking for SIMPLE 50% retracement levels in price is one of the most powerful tools for finding Support/Resistance for profitable and high probability trade entries and exits.
