BTC is moving earlier then what I was expectingBTC moved above the downtrend consolidation channel earlier than I anticipated, with volumes confirming this change in trend.
The breakout occurred on the 14th of October.
Currently, there is a low chance that the price will return to the bottom of the channel at 53k-50k, in my opinion.
I guess the price will just retest the top of the channel at around 64k-62k and continue to the upside, probably to the higher part of the channel at around 73k, maybe a little more.
On the weekly chart, volatility is still low on BBWP (13th percentile), while on the daily chart, it is at the 63rd percentile, with extremes around the 85th-95th percentiles.
So, there is still momentum to continue to the upside.
Breakabove
BNB: On the way back to 520BNB seems to have formed a new uptrend from the dramatic 30% crash. Fibo + pivot levels are working quite well.
If we see a break above 437 it’s time to enter long with tp 450-465 and sl 417-420.
A break below 405 would terminate the uptrend.
Note tho that MFI is above 75 but in an uptrend it has less significance.
Happy trading!
US100 14056.6 +0.43% LONG IDEA * STRUCTURAL TRADEELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE NASDAQ FROM THE 4 HOURLY CHART.
The index has been on a bullish rally in a rising wedge currently approaching resistance level 14073.4 a break above of this structure signals continuation.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA-DAY TRAD
GBP / USD 1.41804 - 0.13 % LONG IDEA * RESPECTED STRUCTURE & PRIHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE GBP / USD .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
SPX 3889.55 + 1.8 % LONG IDEA * PRICE ACTION AND STRUCTUREHey everyone
Here's a look at the S&P 500, Hope you having a good one
* The ascending structure held with a huge stop hunt / fake out of structure pushed up with the bulls.
* Currently scouting key level / resistance level 3911.90 a break above of this structure signals continuation to the roof of structure .
* Should this structure hold looking for shorts on the index, watching price on this one.
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
DAX 14092.7 - 0.11 % * STRUCTURAL IDEA * PRICE ACTIONHEY EVERYONE
Here's a look at the DOLLAR INDEX FOR DIRECTION AND OVERVIEW IDEA ON WHAT PRICE IS DOING hope everyone is having a good day now we taking DAX from the monthly streets which has more or less held an ascending channel currently trading at the roof of this structure and will be looking at price to see if this structure breaks or holds before embarking on trades on the index lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.