BTC - When in doubt; Zoom out!🔎Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After breaking above the $70,000, BTC is heading towards the next potential round number at $80,000
How high can BTC climb?
The marked red arrow represents a significant resistance and overbought zone as it marks the intersection of the upper red trendline and $80,000 round number.
🏹 Thus it would be a robust area to anticipate a potential reversal.
Meanwhile, as long as the 70k holds, a continuation towards the 80k would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bigmoney
NVidia - Will it continue to run past $750?$750 is the level to watch for NVidia
Current trajectory should take it there by next week's friday.
If it drops down to 700, it's very liable to drop more.
Given their current news about local AI and the AI war against that's opening up against them for $7 Trillion, I'd personally expect to see share value to continue to climb to $850 by mid March
CAD / CHF PAIR - SHORTI have an open trade on this pair. I am currently shorting it using metatrader 5. This is my entry which is @ 0.72022 , my stop loss is @ 0.72089 and my take profit level is @ 0.71900 . With this set up I am still being conservative. I think that the price can go lower than the price for my take profit level. On the 1 hour time frame if you look at the chart it's looking like a flag is shipping. A bearish flag to be exact. This pair has been on a downward trend I actually expect this to hit 0.71900 . If any candle hits the price of 0.71900 with out any candle hiting the price @ 0.72073 then this pair is in big trouble. There is no more support after that. Keep in mind I'm looking at the 1 hour time frame chart. Guys this is my ideas and reasoning. Please subscribe and hope to have some people comment on this post. Let me know what you think... If you agree with me or not? Or if you have other ideas? Thanks guys.
USD/CADHello every one i think this pair is a swing trade, with sell position starting now. Last time we hit this level was mid July and that time it just crashed. Now we are on the same level and a very patient trade would be nice and very profitable. Guaranteed if you open a short possition on this pair. On Thursdays I like to trade in the afternoon in my time zone which is pacific timezone until about lunch time of Friday. This particular trade I definitely will be holding for a while. I loaded up alot of funds for this trade and my strategy is to constantly add in new shorts possitions through out the couple weeks I plan to leave this trade open. I literally just opened an 18 lot total trade for this pair and I am up about 1700 USD(15 MINUTES). I just have a very good feeling about this trade. I know forsure I will come out with big profits on this. More bad news is gonna just keep happening in US market. Recession will be in full effect. The announcement of interest rate hikes will most likely make things worst and this coming up next announcement it is expected to go up by 1%. Which means USD is gonna be less valuable. Canada is not there yet. Canadian economy is pretty good right now so yeah trust me guys.
My entries were :
1) Shorts 1.31522 - 2.5 Lot
2) Shorts 1.31521 - 2.2 Lot
3) Shorts 1.31466 - 5 Lot
4) Shorts 1.31461 - 5 Lot
5) Shorts 1.3440 - 3.3 Lot
Total of 18 Lots so far. Will add more as more profits are won.
BABA Ride the waveFollow the money and ride the wave. Don't fight the wave you can't fight these big waves caus. Earnings is coming up and I'm clueless on what to expect but if big money is buying the dip, then I'll be a bitch if I don't jump in and get some skin in the game. Will increase positioning size as time goes on. BTFD
NAS SCENARIOOutlook for NAS.
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Weekly: Nas had a nice big pullback on the weekly, perfectly testing and rejecting the 50%. It caught some liquidity and currently it's making it's way up again.
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Daily: After that nice H&S pattern we can see liquidity being caught at the zone below the 50% fib, rejection and a perfect retest on the 50% on the daily aswell. I can see this being a major pivot point.
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4H: We can see the downtrend/major pullback very clear here, currently nas is making up moves after catching liquidity.
if nas breaks the 61.8%, then I would like to see an ABC pullback correlating with the fib, creating a higher low. Indicating a shift of trend before looking for buy opportunities.
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Let me know your thoughts, link your outlooks in the comments below.
Nasdaq ScenarioNasdaq Scenario For Today
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NAS pushed up almost to 12452 Mark, but it rejected since it is a major S/R zone.
Right now i think that we can either expext a correction to the downside or a push upwards depending on
if the reject this currenct zone or not.
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Trade safe, we in this for the long term.
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Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for
bigmoney profits.
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ScenarioPainter
Nasdaq ScenarioNasdaq Scenario For Today
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Yesterday NAS went all the way up to ~11980 Mark and right now looks like it is pushing to ~12209 Mark.
Note that ~12209 is a major resistance zone, last time NAS was at that point we spiraled down.
Right now i expect NAS to get a correction (see ABC) and even go as further as correction into a
downwards channel. The other possibilty is that NAS will go further up, but it is too bullish for me and i
expect that correction.
Another possibility is that when the election results are in NAS will be moving mad, since i expect big
banks from Europe and Asia to have either major buys or sells.
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We have to keep in mind that market is really volatile right now and it might be better to wait until the
election results are in.
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Trade safe, whoopty
Past performance is not an indicator of future results
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Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for
bigmoney profits.
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ScenarioPainter
Gold ScenarioGold Scenario
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Be cautious when taking this trade, tommorrow is NFP. Might be better to sit it out.
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We have to keep in mind that market is really volatile and stoploss hunts are frequent.
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Trade safe, whoopty
Past performance is not an indicator of future results
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Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for
bigmoney profits.
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ScenarioPainter
EURJPY Swing ScenarioEURJPY Swing Scenario
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We can see a possible inverse cup handle, this is on the daily so this is a big swing trade.
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Trade safe, Whoopty
Past performance is not an indicator of future results
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Let me know your thoughts and questions, don't be greedy dawg give me a like and follow.
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ScenarioPainter
Nasdaq ScenarioNasdaq Scenario For Today
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Nasdaq has broken out of the channel and went up to ~11615 Mark. That zone is a big resistance zone.
If nasdaq breaks through the zone we will go up to ~11980 Mark. If it fails to break the zone we are going
back into the box and we will go down to ~11206 Mark.
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We have to keep in mind that market is really volatile right now and it might be better to wait until the
election results are in.
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Trade safe, whoopty
Past performance is not an indicator of future results
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Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for
bigmoney profits.
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ScenarioPainter
EURCAD ScenarioEURCAD Scenario
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Wacht out for SL hunts, market can be volatile
Trade safe, whoopty.
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Past performance is not an indicator of future results
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Let me know your thoughts and questions, don't be greedy dawg give me a like and follow.
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ScenarioPainter
USDJPY ScenarioUSDJPY Scenario
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Wacht out for SL hunts, market can go either way with election shit.
Trade safe, whoopty.
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Past performance is not an indicator of future results
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Let me know your thoughts and questions, don't be greedy dawg give me a like and follow.
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ScenarioPainter
Nasdaq ScenarioNasdaq Scenario For Today Or This Week
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Nasdaq has been bouncing in a downward channel, but it reached a big support zone.
Right now we see that nasdaq has created a posible double bottom which -if it does play out-
will break the channel and will go up to around ~11530.
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We have to keep in mind that this week carries extra risk with the election etc. so this can go either way,
if it doesn't break the channel then just ride it down again.
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It is risky to trade this week so only trade the amount you're willing to lose.
Past performance is not an indicator of future results
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Let me know your thoughts and questions, give a thumbs up if you like this idea and follow for more.
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ScenarioPainter
Nasdaq Outlook/ Possible SetupPlease give a thumbs up if you like this idea and let me know in the comments what you think.
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Nasdaq has been bouncing in a downward channel and it looks like a cup handle.
right now it there might be a possible double bottom followed by a breakout to the upside.
Keep in mind that the elections are upon us and that investors are hesitating to invest into NAS, DJ, S&P etc. so it could go either way.
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Trade safe, look for clear confirmation and have good risk management.
Let me know what you think.