Action
Micron Technology: Short Under 57$I'm planning a short trade on Micron ( NASDAQ:MU ) for 1 week.
The idea after the first "signal" obtained last monday was to see a retraicemente and then a new trigger. Better to trade beyond 57$.
Then today I have one of my fovourite trigger, thanks @ArduinoSchenato
I'll buy some Turbo24 short certificates by IG.com. Target is 53$.
---
ITA
Ho pianificato il un trade short su Micron già da una settimana.
L'idea dopo un primo segnale avvenuto lo scorso lunedì era proprio quella di vedere un recupero e un nuovo segnale, meglio se con chiusura sotto i 57$.
Oggi quindi il prezzo mostra quanto avevo pianificato con uno dei migliori trigger che uso sull'azionario. Thanks @ArduinoSchenato .
Domani quindi potrei tradare short questo titolo, attraverso l'acquisto di certificati Turbo24 di IG.com. L'oiettivo è la zona 53$.
SasanSeifi💁♂️ BTCUSDT / 4H HI TRADERS ✌ The Possible scenarios of #BTC is specified on the chart,After correction from the important resistance range of 25200, the price faced correction to the range of 20800. Currently, as you can see, the price is trading in the range of 23,700.We can expect the price to grow to the 24,200/24,300 range and then a minor correction to the $25,000 range again. We have to see how the price will react. Maintaining the $23,500/$23,300 support range is important for a positive swing.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
Gold - Too good to be true?Hey fellows!!!
Gold is still pushing down,
On the lower TF we gat what looks like to be a couple of bearish flags breakouts going on.
After gold has been trading in a tight ascending range all week, it finally broke the flag down yeasterday following US news,
And today, it came back to retest the 1870 level and again, US news kicked in!
So here are we now, breaking another flag, to, maybe, go get the 1830ish + level where gold could find some support, so that would be a great target,
Reasons that make me think of a fall until the Target Area:
1) Gold getting a lot of selling pressure
2) It broke a bearish flag yesterday, and retested it today
3) It's breaking another flag right now
4) It retested 1870 with an ugly "not in the textbooks" inside bar on H2, nice
wicks on H4, several engulfings on H1
5) 1870 was also the 50% fib retracement of the last impulse down move
6) the break of the mother bar in H2 is a signal for a sell, like were the past two H4 candles as well,
Ok well again we will see what the market decides to do but hey gold, that a lots of facts that go in favor of a meltdown! Even just temporary, there's only one thing, the 1850 level is on the way. Price bounced on it once, so, it's gat to make it trought otherwise we might see another restet of 1870.
But then after that, ther'es virtually no resistance all the way to the Target Area, knowing that there's an imbalance if you look left on gibber TF
The whole thing about it is, is it too good to be true or, is it like sometimes it's just like in the textbooks?
Market will tell :)
Thanks for reading
Cheers and happy trading!!!
GRTUSDT Key High| .618 Fibonacci| Int-Daily S/R| Psfp Evening Traders,
Today’s analysis – GRTUSDT – trading at an area of resistance where a high timeframe pivot is likely to occur,
Points to consider,
- Price action corrective
- Key Psfp intact
- .618 Fiboancci Confluence
- Lower Monthly Objective
GRTUSDT’s immediate price action is corrective and is trading towards an area that has multiuple technical confleunces, this allows for a bearish bias.
The key Psfp level remains intact, suggesting liquidity resting, testing this rea will lead right into the .618 Fiboancci, there is where a rejection is plausible.
It is important that one uses price action upon discretion/ management when executing this trade, invalidation is candle closes above the .618 Fibonacci.
Hope this analysis helps,
Thank you for following my work
And remember,
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse
US 100 Trading Idea Hello, traders
We have a downward impulse wave and a correction and liquidity below, so we expect another downward impulse wave
Trend Channel Early Direction and Best Entry NIS- Nava Imbalance Strategy -
Using Only Price Action, We can find the best entry to catch those HUGE returns!
This is how to detect early direction and perfect entries and exit points using Wycoff method. (on diagonal trend channels not support/resistance)
This Wycoff pattern will create imbalances on parallel trend channels.
IMBALANCE (price moves outside of trend channel then returns.)
First imbalance is showing who is in charge regardless of trend channel direction.
Example
-IF first imbalance is on top, & trend channel is going up, Look for entry at new imbalance #2 at the bottom of trend channel to catch biggest move. Best Entry = @Fakeout / Safe Entry= @ return to trend and retest trend line.
-IF first imbalance is on top, & trend channel is going down, Price will move with trend until higher time frame trend channel line is hit. Price will then start to return to imbalance below slowly.
This pattern repeats on all trend channels that have been correctly placed.
- We find correct channel placements by making trend channels from daily down to entry time frame.
- Hide higher timeframe trend channels to see better in the lower time frame channels but will need to see where they are as price approaches the trend lines.
- Trend channels like to continue the push of a trend until bounce of higher time frame trend channel lines to follow higher trend channel or breakout.
You can follow price with trend channels once you have entered until price starts making imbalances in the opposing direction.