At ease, soldier.Down time to come, confirmation on any candle >= 1D
Had we not fallen victim to coronadona, I'd imagine we wouldnt have fallen nearly as low.
Take note of the rounding volume levels also.
Might not be a lightspeed rally, however I feel as though this time around, asks know they can go higher, and so do the bids.
Cheers
Bounce
O Pulo do Gato MortoMotivos para aceditar que estamos apenas vendo um "pulo do gato morto":
1) Atingimos a retração de 0,618 de toda a queda;
2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão;
3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido no alvo.
Todos os itens listados são baseados em Analise Técnica. Falando de uma maneira fundamentalista, o que vemos foi uma subida baseada na injeção de trilhões de dolares de todos os bancos centrais criando um descolamento muito grande da realidade. As empresas estão com números cada vez piores devido a crise do Covid. Uma hora o mercado vai abrir o olho para essa realidade....
WABIBTC nice bounce on dynamic trendline 🦐WABIBTC is very bullish, the price bounces on dynamic support and now attempts to breakout a static resistance.
We will wait for clear breakout or bounce again on resistance to set a nice long according to Plancton's strategy.
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
#BankNifty - Triangle broke out Triangle is breaking out on the upside, waiting on Retest to enter a long position, there are always so many gaps on traditional markets hence I prefer to use Line chart instead of candlesticks for swing trading setups
will post a R:r setup in timeline once we CLOSE above the yellow trendline
weekly MACD is also printing bullish signal about to cross
also there is a double Bottom formed on the weekly time frame
I have posted some Bank charts as well they are all forming same patterns & looking for a Relief rally.
I still consider this bounces as dead cat bounce mainly because Vaccine for Covid-19 is not available for the masses, as long as not every human has been vaccinated the fear of WAVE 2 hitting us will be there, we are also opening up our country which is understandable as second option is much worse for the economy - Depression!!
we have to face the fact & start to live with this virus, there are only 2 emotions that really matters FEAR & GREED, I won't suggest you to be TOO GREEDY with this bounce, keep taking profits at every resistance
There are stocks charts already updated in my profile make sure to check them out :)
do let me know your thoughts on current market situation & the pandemic we are facing in the comments
LONG - CELR - Trading OpportunityWith BTC's sudden fall it is now the perfect time for some alts to strike back with a strong rebound of previous supports. BINANCE:CELRBTC looking pretty strong right here bouncing from a golden cross on the 12h chart, the volume that's been coming in the past few weeks is pretty insane as well.
This is a play that will take some time to play out so patience is key.
Entry: 0.00000029
Target 1: 0.00000037
Target 2: 0.00000043
SL: 0.00000026
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Theta Fuel/USD- Re-entry or more downside?Congrats to those that took a position yesterday looking for the bounce off support.
Personally I didn't find exact bottom but it's always difficult to get it spot on. - (*money's made in the middle*)
Still enjoyed 30% gains from entry price to suggested "protect profits msg" (Those that found exact bottom would have seen 40%)
Now tracing back towards support level.
Possible it will continue to trade sideways but a dip towards previous support (or below) also on the table.
Keep an eye on it for another possible entry setup.
Hope everyone finds some prosperous trades this weekend.
Bingaz.
P.s - (A reminder that these setup's are not financial advice.
Simply my own TA and thoughts.
Trade within your means and do your own analysis prior to taking a position)
Pullback Expected | Long SetupAfter successfully breaking out of our descending trendline, we will now be looking to potentially retest it. Currently, the market is trending within a respectable parallel channel. A zone of confluence is created when the previous broken trendline and the current ascending trendline, meet each other. Furthermore, we have a clear 0.618 Fib retracement - lying right in between the two trendlines creating this "golden pocket", where we could consider opening a long position.
SP500 futures ( $SPX $SP500 1D) sell in May ?
I been following the bounce peacefully these past weeks.
But now something is up.
A head and shoulders pattern form on the 4h and It is on the verge of completion.
If true it may be the beginning of a correction.
Target (2636)
Stop loss if the price goes back above the right shoulder (2942).
We can see impulsive waves on the way down meaning that the primary move is downward.
Quite the simple trade.
As time goes by, I will keep you updated on the evolution of the asset price, so make sure to follow me on Tradingview
If you have any questions or requests, fell free to ask.
@Djio_
Disclaimer : This is not financial advice as I am not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the market, everything can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
PS: I cannot emphasize enough the risk associated with the activity of trading due to the imaginary nature of all paper contracts, the reason why I prefer mainly trading cryptocurrencies instead of more “traditional” assets. On the other end without total systemic collapse it can quickly become a good trade opportunity.
GE BULL RUN | Bounce Off Monthly LevelGood afternoon Traders,
Today we made a few weekly GE plays playing the continuation.
Plays Made:
- $6.5 Call 5/22 and 5/29
Looking to grab much longer-term contracts ASAP.
Potential Plays:
- 6 Month Play | GE $10 Call 9/18 @ $10 Per Contract
- [Far out the money ] 6 Month Play | GE $19 CALL 11/20 @ $3 Per Contract
Do not trade this, not financial advice
DotcomJack
ETHBTC Bounce baby bounceLow is swept
If price doesnt break the current lvl and later get rejected, bears are in treat, I'll look for short entry.
On the other hand if this lvl gets confirmed as support, this could be the best trade of the year for me!
Trendline / 4 Hour SupportTrend line and hourly support converging. Bounce to hold 4 hour uptrend. Would also be outside hourly bollinger band so good opportunity for bounce.
SPX Bounce, Part II! (SPXUSD)Hello Traders - you may have caught our scalp on SPX the other day, shown below. Once again, a TD9 signal on the four hour appears at a critical juncture for SPX, and there seems to be potential for a bounce here.
In addition, on the 12H chart, we have just hit candle #4 on a correction after a bearish nine. Sometimes, 4 candles is the extent of a pullback.
Keep an eye on the bottom of the channel...
Good luck
Previous Analysis;
EUR/GBP REVERSAL | INVERTED H&S / DOUBLE BOTTOMNOTE: The following extends my earlier post on EUR/GBP. Please refer to it in addition to this post; attached below as a related idea.
Inverted H&S - Right Shoulder Forming
Double Bottom Still Holding As The Local Low
Targeting The 61.8% Fibonacci Retracement Level
Macro-Economic Analysis - Further Downside Expected, Thus A Rise In EUR/GBP
VERDICT: Cycle low is in and forecasting movement to the upside. Targeting the 61.8% retracement level.
EURJPY Long oportunity - Bounce upFX:EURJPY
EURJPY reaching the end of the pattern.
It is now trading next to an important support range showing signs of weakness it will possibly bound on this zone and go long with 4 different level targets to get your profit
- MACD and RSI diverge on the weekly chart
Next week we should see this shorting towards the 116.292 support line and the beginning on the bounce aiming for our first take profit level 118.410
Keep the eyes open for the bounce and enjoy the ride :)
EURCAD -Here on EURCAD i see a perfect market structure where with the help of the RSI, i see that bulls are tired to defend the support and this we see on RSI that bears are ready and willing to push the price further down.
-After this analysis in my opinion bears will break the support the next time the price gets there because on RSI we can see some divergence that shows that bears are aggressively selling and the lack of power from the bulls will lead to an inevitable breakout to the downside.
-Wait for the price to get to the red zone for a perfect entry.
-CryptonikLion