Algotrading
USDJPY - HYBRID - SHORT OPPORTUNITY.Anticipating overextension on the dollar could imply a nice short for the following reasons:
Supply zone which is unmitigated.
If we reach the 61% significant fib it means that the 38 and emas are induced -> Trapped retailers
Nikkei correlation roughly the same distance away
Yours truly,
ECHO FX
ALGORAND : THE COIN OF FIFA 2022 WITH BREAKOUT EXPECTINGAlgorand was before on a very interesting way on way to high targets, but since the FTT news, it did change a lot on cryptomarkets.
For this reason, know that there is always a chance unexpected news can happen which can affect the market.
This Idea is a TA idea depending on the view of now including the new coming trends of WorldCup 2022.
We will see the coming time when this coin will effect a new increase in the world cup since it's one of the most important coins for the world cup at this moment.
If it goes as we expect, then we can see the coming time even before the start of the world cup a new breakout.
Trade safe and learn from FTT what has an effect on the market totally.
We will follow this coin for the coming time to see the trends and patterns that this coin showing it will play out.
There is already a Fifa partnership and promotion plan for Algorand. for more info check the original FIFA website.
Trading opportunity for ALGOUSDT AlgorandBased on technical factors there is a Buy position in :
📊 ALGOUSDT Algorand
🔵 Buy Now 0.2880
🧯 Stop loss 0.2552
🏹 Target 1 0.3290
🏹 Target 2 0.3985
🏹 Target 3 0.4630
💸RISK : 1%
We hope it is profitable for you ❤️
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3% Take Profit.Missed one trade and got to another. Buying at almost premium.
From the moment I missed the trade, I was waiting for FVG creation. Price did retrace to FVG but consolidated for some time. It tool longer then I anticipated but in the end, everything worked out.
Please share your thoughts.
Testing 8.30 NY news. 16/11/22I don't follow standard Support and Resistance mode or Supply and Demand but instead I do follow Price and Time. Still lots to learn but getting better.
This is something I wanted to try today. 8.30 NY News and later on 9.30 NY session open. I was taken out at first but later on whole thing played nicely.
Please share your thoughts or if you have any questions then please feel free to contact me.
ALGOUSD Looking to Go Wild In coming HoursIt is almost a Trend Reversal according to Dow Theory and This has been a very good performing Pair always :)
Trading Signal For ALGOUSDT Algorand Trading Setup:
There is a Trading Signal to Buy in ALGOUSDT Algorand .
Traders can open their Buy Trades NOW
ALGOUSDT Algorand
⬆️Buy now or Buy on 0.235
⭕️SL @ 0.215
🔵TP1 @ 0.303
🔵TP2 @ 0.400
🔵TP3 @ 0.470
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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Probability for 14/11/22 If you look at D TF and use Fib you will notice that price will continue to go down. If you drop to 1H TF then you'll see price retested to what was support and now became resistance. I'll go for small scalp Long today on 15min TF and after that, I'll go short once I get setup.
Let me know your thoughts.
ALGO Short 🚀Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the ALGO chart.
At the moment price break the structure.
Then, I think ALGO breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
Prediction for 10/11/22I think there is no rocket science, the price will go up or down. today I have difficulties predicting where the price will go. To me, I see FVG below on 4h TF and 1H TF. it looks like due to the downtrend price will go down and I do go short with a stop loss must. London Kill Zone doesn't give me much of a signal or setup at the moment. I guess that whole action will be reserved for the NY session.
Please share your thoughts.