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EUR/USD | Institutional Analysis | Quasimodo PatternOn weekly timeframe, a potential liquidity could float below the double bottom. This is the most likely target. A continuation Quasimodo set up detected on Daily timeframe, so if we believe on our target we could grab the sell opportunity as described on charts. Additionally, we can find an internal liquidity, an extra reason for the market makers to push the price lower. This opportunity seems to be safe as continuation with a strong target closely below. Feel free to write your opinion on comment section. Stay tuned with our ideas for updates and more opportunities!
Short
by antorower
1
Historic event timeline (single page) Mostly I tried to get the major events on one page; decided to get 2021 on it's own - rest of the info going back to 2013 Zoomed in 2021 chart; Just interesting to see this on a timeline and thought it was worth sharing. See educational content below in the related ideas section. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
INDEX:BTCUSD
by Mayfair_Ventures
5
Institutional Analysis: Strong Manipulation on Strong Support The price reached the institutional candle. Many sell banks positions will close resulting in a strong reversal. The most demanding traders would expect the price to approach as close as possible to the low of the institutional candlestick, but even now the entry gives a good risk / reward and the stop loss keeps us safe from a break of the double bottom that has formed. Trade is in the direction of the trend of larger timeframes, so it is considered safe although small timeframes are considered reversal.
Long
by antorower
Institutional Analysis: Daily on crucial zoneDaily timeframe has already broken the area of ​​liquidity below the low of April and has shown a slight upward mood. We must pay attention to the two lows of Autumn because if the market does not intend to return to these areas, it will certainly break this zone to collect massive liquidity. The trade at this point is quite risky with not so good risk / reward. The best idea is to let the price get as close as possible to the aforementioned lows so that our stop loss can be placed in such a way that a break does not take us out with the mass of retailers who have placed pending orders just from below. After the entry we should pay special attention to the red dangerous zone in which is the institutional candlestick that gathered the positions from above. At this point there are open buy positions which the banks will try to close by creating a rather small retracement. Maybe a very small partial could be justified. The trade should reach the target relatively easily in the first half of September. Related Ideas Link has the same analysis from monthly perspective.
Long
by antorower
Institutional Analysis: Price on crucial support zonePrice approaching crucial zone. A confirmed manipulation has already formed at the top of the range, that means that the price have to return to that level to let banks get rid of losing positions. The fact that August breaks the previous lows means that a potential manipulation lurks. This is an extra reason to believe that the price will raise soon. However, the lows of September and November can offer plenty of liquidity to banks. Trade now is risky, but if the price goes down we will be able to place our stop loss below these lows to stay safe even from an eventual break - and take profit below the level that bank will start selling their open positions. Keep in mind that reversal is always risky, but the impressive reward sometimes justifies the pluck. You can drop timeframe to find the correct moment to jump into the reversal. Risk/Reward ratios is around 1:7. Risk recommended to be no more than 0.5% on reversals.
Long
by antorower
$XLF Financials failing at resistanceThe XLF ETF which tracks the financial sector of the U.S market has been battling to break resistance at $37 and the 50 day moving average. With the push lower in yields, fundamentally this is generally quite negative for banks and financial firms as this substantially decreases their profit margins. We could potentially retest the bottom of the range at $35.00 and if that breaks then $33 could be in site which is around the 200 day moving average.
AMEX:XLFShort
by MarcoOlevano
ES 4450 Late Chasers will be lit up: 4250 - 4150As Volumes begin to dry up and Seasonality begins to take hold as Euphoria morphs quietly into "Fear" the ES will begin a large retracement. Globex has been another Low Volume affair with the Retail Chasers continuing to BTD with diminished conviction. The chart remains in a Bull Trend, with extreme divergences. We are preparing for a very nasty 10% correction, followed by another 9% @ minimum. Ideally, and it is far too early to know - 3600/3800 Range should reduce the appetite for the ES as Financials continue to fall apart. Cohesion in Banking has been extraordinary. I have been an Chemical/Chase/JPM Customer since 1991. This morning I received a notification from CHASE in which they informed me I had not used my CHASE Credit Card in over 9 months - Citing a lack of activity against a Large Revolving Line of Credit. American Express, Member since 1991 - has dropped my credit score internally from 835 to 717. The reason - an undisclosed Line of Credit, which I do not have. My LOCs have not been reduced, although they appear to be creating causation. Interesting times indeed for Money Center Banks.
CME_MINI:ES1!Short
by HK_L61
1
BNKS ETF BEARISH topping patternOverall technical elements look toppy on US BNKS. A head and shoulder pattern has emerged and RSI remains sluggish below 50%. However, we are seeing a mid-term wedge/range develop - with some minor RSI divergences emerging. Short-term bounce risk. Suggest to sell any rebounds into the zones closer to highlighted resistances in purple. MACRO => Given the flattening in the US yield curve - it makes fundamental sense for US banks to struggle as their margins will get squeezed.
LSE:BNKSShort
by Foxy_Trader967
JPMorgan to $80 by October 2022NYSE:JPM Jamie Dimon and his army of minion traders at $JPM are printing the classic bear pattern of a H&S top (green). Measuring that formation, that should put us at a local bottom sometime in October. From there I would expect the Santa Rally to be our retest of the neckline, before creating the base of the much larger H&S pattern in yellow. Measuring that pattern out gives me my price target of $80 when it is all said and done by October 2022. And yes that is a price gap at $110 (purple box) that I expect to be filled in these moves. - Penny
NYSE:JPMShort
by PennyBagsCapital
FXCM USBANKS Basket Hourly Rally in Longer-Term WeaknessFXCM's USBANKS basket is in the bearish area on the daily chart on the left. The basket is an equal weighting (20% each) of JPM, BAC, WFC and C. A bearish cross of the EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 20 level and maintenance of that level increase the chances of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop above hourly high in conjunction with risk management techniques.
FX:USBANKSShort
by FXCM
2
Capital Liabilities @ Money Center Banks - JPM, CITI, WELLS, BOADeposit gains were concentrated @ JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. Liabilities expanded dramatically faster than smaller, Regional Banks throughout 2021. The government's Fiscal Policies unleashed Trillions of dollars to support small businesses and individuals via stimulus checks and unemployment benefits. There were mass bailouts of Industry, enormous amounts of money was given to Corporations. As you can see from the Chart above - growth was extraordinary as hoarding among individuals, and corporations reached a peak until very recently. JPM, CITI, WELLS, BOA made it clear additional deposits (Liabilities) were NOT welcome. Their answer - go pound sand in Money Markets. Effectively there is no sweep as Short Term T-Bills are unavailable. Why herd Cash into a Corner? No one puts baby DX in a corner. Apparently they do and did. It's not for good either. At a time when Banks are attempting to bolster their balance sheets, call in loans on consumer lines of credit, reduce mortgage lending, auto lending and revolving debt lines... the pushback clearly demonstrates the lack of Tier 1 collateral. Apparently that is not Cash. Let's see if they can get a big chase going in Equities and entice some willing Cash into the Big Casino. Given the Value proposition - TINA. There is always an alternative, we simply crossed the Rubicon long ago with respect to common sense and a willingness to enforce the "No".
FRED:WTREGENShort
by HK_L61
M2 Money StockWe are witnessing a Crisis on par with LTCM, similar to the Russian Bond collapse. The Reverse Repo pool can be used in Net Effect to raise Rates. "Net" as it has another insidious component to it - Money Markets will again come under duress as the DX moves below Par at 100 Basis. Money Market Funds are seeing large inflows as Primary Institutions are telling Corporate Depositors to stop placing Liabilities on their Balance Sheets (Deposits are a Liability) - Interest Rates are relatively low for Money Market Accounts. We are watching a liquidity crisis begin to unfold. Wells Fargo cutting off personal loans - banks will be in trouble beginning in August. Loans are how Banks profit. The moratorium of eviction and mortgage defaults is lifted on July 31st. Defaults on loans are assured. Wells Fargo calling in all personal loans now in order to buffer the approaching defaults. When cash in Banks is reduced - the ability for Banks to weather a series of defaults is impaired - the impairment only serves accelerates the liquidity crisis merely weeks away.
FRED:M2REALShort
by HK_L61
3