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Beginner trader- This is a Redo-Analysis of my last chart -I changed some things to make them more noticeable. What I've notice is that... 1 the market is about to reach the down trend level 2 that trend lvl is also a strong fib level ( .236 ) 3 if the market respects that those levels and goes down then I feel that it will complete a head and shoulder. And eventually break though the green support and resistance lvl 4 this is also on a higher day time frame(I think a lot of people will see the same things) Will there be a strong move downward?.. Y/N Soo... can someone help me out here, did you guys get the same things?
Short
by JakieGuerrier
Education: SPDR ETF Holdings-or what exactly are sectors anyway?Have you ever wondered what "key sectors" are and what exactly are in them? Look no further! While there are many funds to look at, these ones helped me simplify my outlook on the Market to help guide my trading decisions. Here is the resource I use to find this info: sector spdr com (Apologies, I cannot publish with a link since this is my first post and I'm new) How to use this info? I like to use sector information to find stocks I like. If there is a setup I like to use within one of these sectors, I will look for a top holding within the sector to play off of (since the individual stocks are more prone to move at a higher percentage than the sector as a whole). For example, I might like the trend in XLK better than the other sectors. I will look through the stocks (which I have a watchlist for each to make things easy) in XLK to see if one has a setup I like to trade (like AAPL). If you decide to make a watchlist for each of these sectors, I highly suggest keeping the sector itself at the top of each watchlist. Saves a lot of clicking. I also keep a watchlist titled "Key Sectors" which just has the 11 sectors in it with SPY at the top of the list. I do this to get a sense of what is happening in the Market as a whole. Here are 11 ETF's (Exchange Traded Funds) which divide the S&P into index funds. Listed below are their top holdings (by ticker symbol) as of today: XLC - Communication Services FB GOOGL GOOG NFLX CHTR CMCSA DIS VZ T TMUS XLY - Consumer Discretionary AMZN TSLA HD MCD NKE LOW SBUX TGT BKNG TJX XLP - Consumer Staples PG KO PEP WMT COST PM MO MDLZ EL CL XLE - Energy XOM CVX COP MPC SLB PXD EOG KMI WMB PSX XLF - Financials BRK.B JPM BAC WFC MS C GS BLK SPGI SCHW XLV - Health Care JNJ UNH PFE ABT TMO DHR LLY ABBV MRK MDT XLI - Industrials HON UNP UPS RTX BA DE GE MMM LMT XLB - Materials LIN SHW APD ECL FCX NEM DOW DD IFF PPG XLRE - Real Estate AMT PLD CCI EQIX PSA DLR SPG SBAC WELL CBRE XLK - Technology AAPL MSFT NVDA V PYPL ADBE MA CRM CSCO ACN XLU - Utilities NEE DUK SO D EXC AEP SRE XEL AWK PEG
AMEX:SPY
by verse_303
27
Is this a Bullish Flag Pattern in XRP?So I’ve recently begun to learn about TA and trying to learn how to chart. I’ve watched YouTube videos and read educational articles on TradingView and Google, etc. I’m a beginner at this so still learning the best indicators to use and spotting patterns but if I’m not mistaken, this almost looks like a Bullish Flag Pattern to me on XRP. The black line I indicated on the recent breakout maybe looks the bring XRP to $1.80? Of course this is not financial advice. Thoughts? I’d love someone with more TA experience than me to give me your thoughts… thanks
BITSTAMP:XRPUSD
by anakinxkywalkr
XMR/USDTXMR/USDT -Considering that we had taken TP1 of XMR/USDT before and the correction that followed it, the price has reached a good support again and is also valid for , -the cost has arrived at a decent help again and is additionally substantial for more. To purchase, the SL (stop lost) and capital administration should be noticed. -All protections and TPs (take benefits) are spotted. - It is a perfect opportunity to purchase Monero, as a result of the cup and handle arrangement! - RSI is prepared for another observation and when we arrive at unsurpassed high, we ought to speed up in speed.
X
by DeclanBrock
2
EUR/USD Idea on the daily/weeklyAbove we can see the daily chart of the eur/usd currency pair. Stoploss (SL) and target prices (TP's) are on the chart. I predict we will swing towards the top of the channel that formed on the daily/weekly. We see upwards movement on the diagonal support line and also rsi-divergence on the daily which indicates a turn of direction. We will face some resistances at given target prices where i will look to close some of my position. I am new to the forex market, so like if you enjoy and please comment your ideas below! ! This is not financial advise and for entertainment purposes only. !
Long
by Mikkel99
BTC/USDThe pattern as been extraditing and so far we can consider and entry base on the previous correction.. we shall be expecting another retest between 50k resistance. 📌Next Move ? –Bullish scenario : need 3 daily candles to close above current resistance to push price toward next resistances around 48k and 50k 📌What can we do now ? We are currently in huge profits ,we successed to hunt alot of alts during this upside breakout during july and early August Now Time to fix some profits partially and decrease fomo until see how price will react here Best of luck
BINANCE:BTCUSD
by DeclanBrock
3
DOGEUSDTSo DOGE has been following Bitcoin recently, I think it's joining the main crypto pattern like LTC and ETH. Use this as your trade setup, The supplier areas can hold the price up and the resistance is not hodling for long and we're gonna have to retest it soon, so I guess it's a good time for high trade with stop lost. I'll keep this chart updated. -Use risk management and be ready for all scenarios -Don't forget likes and follow for more ideas and signals -Best of wishes ✔🙏
by DeclanBrock
10
POSSIBLE BEARISH SETUP BEGINNER 1st PUBLISH - Ideas/Opinions Welcome. - On the DAILY time-frame seeing a breakout of a JAN-JULY uptrend @ level 110.000 Bearish push DOWN the 200 MA. - 1 HR time-frame shows a rejection to the downside continuing bearish towards 110 levels. -Being patient here and waiting for a clear bearish push past this key level for a better setup. - Any opinions, ideas and tips are very much indeed welcome. First time publishing my analysis so go easy! :) OANDA:USDJPY
by REDBULLFrx