XMRUSDT 🏹see and watch :)
The general trend is going on in an uptrend channel and in that uptrend channel a smaller downtrend channel is broken and we will probably have one of the two moves in question ...
Channeltrend
DXY tumbled below 100 levelsDXY tumbled below 100 levels on profit booking. The minor correction in US treasury yields is putting pressure on the US dollar at higher levels.
Technically, near-term support is at 99.60, and any break below targets 99/98.Major trend continuation only below 97.60.
SPY channel short swingSPY down to 440 in case it respects this channel. room for a quick short swing or wait and watch SPY reaction around the bottom line at 440
⭕️BUY NZDCAD ; Buy according to channel❗️❗️🔰You see the analysis of the New Zealand Dollar against the Canadian dollar in 1 hour ( NZDCAD , 1H) ❗️🔎
🔰BUY Limit NZDCAD at 85.650
✅TP ; 86.300
❌SL ; 85.350
🔰As is evident from the analysis, the price is located in a bearish channel, due to the confluence of the lower channel line (white line) and the demand range (purple range) around the price of 85.650 purchases in this region can seem low risk (although due to the strong downtrend that the pair has gone through over the past hours, there is also the possibility of breaking the down channel)❗️❗️
The target is also located at the cross of the downtrend line (white dotted point) and resistance line range (orange line). 👌
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
NZDUSD - LONGBullish Indications:
- Higher highs and higher lows
- Bullish hammer and engulfer candles formation
- Horizontal support at 0.68230
- Ascending channel
- Divergence on chaikin oscillator
BTC chart a bear flog OR an uptrend ?Hello lovely people
As you can see BTC chart is about to tell us if it's a bear flag which can take price down at least to 37,000 USD or even worse.
However in other hand it can be a beautiful uptrend channel which is good for me (I mean, who doesn't feel that way) and this can take price up to maybe new ATH like 80,000 USD in a month or two .
That was just an apparent thing I saw in chart and made an idea for it.
Hope you enjoy this one and be more careful in opening new positions.
Use stop loss everywhere and be safe :)
$ELY - Bull Flagging into DemandTo all my friends watching the masters, this company shouldn't be a stranger to you.
Although $ELY is currently in a pretty gnarly downtrend, we're approaching a strong demand zone established back before the Covid crash.
This ticker looks ripe for a reversal, and I'll be eyeing this 20-21.5 zone to load some commons / leaps.
AVAX - Long IdeaAs some legendary trader says: "as above, so below .." this is exactly what happened here so, this gives up an amazing long opportunity we still not sure if this is gonna work or not but our R:R is 10 so no worries
DO NOT OVER LEVERAGE THIS AND DO YOUR OWN RESEARECH BEFORE ENTERING ANY SIGNAL OR USING ANY IDEA THIS IS JUST A TRADE IDEA
Thanks for your attention
20220410 - AUDUSD - LongAUDUSD - Long
AUDUSD has been in an uptrend for some time and is coming up to a daily supply zone.
Please see analysis for my next move below.
Your thoughts are always appreciated 😀
Analysis
Rejection off Daily Channel Support
Rejection off Daily Support.
Sentiment: 47% Long : 53% Short.
Uptrend.
Entry
Entry: 0.74575
SL: 0.74074
TP1: 0.75920
Costco looking toppishCostco has reached its upper channel and is in a parabolic move. Seems due for at least a pulback towards the bottom of its rising channel.
XAGUSD SILVER Supply And Demand AnalysisSee picture for top-down analysis:
-Short Term Downward ML Break
-opposing zones removed
-People might think it's a great demand setup
which I agree but taking a look at the overall
price action over the last 7 days, you can see
price is making overall LL/LH by about .6%
-If someone bought at this demand then using a
structure SL is recommended.
-Low risk reward but higher probability for a 1:1 or
0.5:1 R:R.
-NO TRADE FOR ME
MATIC/USDT - LONG IDEA MATIC/USDT - LONG IDEA
The Market has moved into the Buy Zone off the Daily Timeframe and forming a nice up channel which acts as Support and Resistance moving towards our Target of 1.822.
A Gartley has just been fulfilled off the 4 hour timeframe which normally could signify the new low price for us buy the market on our way up to our daily target 1.822.
We have found that there's a inner up channel trendline and a outer trendline , the question would be will the Market reverse now or will the market want to test the outer trendline which also acts as a Support Level as well.
Trade :
TP : 1.822
SL : 1.195
DOT/USD LONG IDEADOT/USD LONG IDEA
DOT/USD has broken into our Buy Zone Area we now looking for low prices to Buy up towards our Daily Target of 27.87917600
A nice up channel has formed and we going to use it as Support Resistance Levels to guide us to put Take profit levels identified .
TP1 : 27.87917600
TP 2 : 25.32764000
SL : 13.79581645
TEZOS (XTZUSD)- LONG IDEA TEZOS (XTZUSD)- LONG IDEA
Tezos has broke into our Buy Zone Area off the Daily Timeframe we are now looking for low prices to Buy up towards our Daily Target of 4.3566.
We have established an up trend/channel and looking to buy the counter trend break towards our Target 4.3566.
Path 1 : If the channel holds then we could see the Market reversing off that support trendline towards our Target of 4.3566 .
Path 2: If the trendline fails we have seen a strong Support Level below the trendline which could start the reversal to the upside towards our Target of 4.3566 .
Take Profit : 4.3566
Stop Loss : 2.3736
KLV Long 🍒*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
==========================================================
Today marks 12 months since my last KLV chart... Looking prime to ride.
My strategy remains the same, long-term hold.
Using naked price action analysis:
🔸 ATH , Volume , support / resistance zones, channels and levels
🔸 For Trading: Suggested Entry, SL & Exit points are my theory only.
🔸 For Holding: Since this is a hold strategy / bag-set-and-forget strategy, I will DCA along the way on dips only.
As always, watch for volume . Do your own research, check on-chain data. Always be watching BTC .
NFA . Good chat.🤖
My last KLV chart:
APPLE - Potential Short/Bearish U-turnAPPLE - Potential Short/Bearish U-turn
Apple appear to have form the same trend Pattern as what Nasdaq has formed in Jan 2022 which U-turned it into Bearish momentum,
will we see the Market break the daily up channel/trend the way it did the Nasdaq in Jan 2022 and push Nasdaq further down to the 12237.00 area .
With Nasdaq also in a Down Channel there's a strong Possibility this could happen .
ETHUSDT is creating a channelThe price is creating a channel between the demand and supply zone on 4h timeframe.
on the daily timeframe, the price is trying to hold the 34100 support and retested the previous W's neckline.
on 4h timeframe the price lost the channel, and now the price is testing the previous dynamic support as new resistance
How to approach?
- for a bullish scenario, the price needs to flip the 3520$ with volume and momentum, the price created a double top on it.
- Otherwise, if the price is going to lose 3240, we could see a retest of 3k
According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
USDCHF - LONGBullish Indications:
Higher highs and higher lows
bullish engulfer and 3 white soldiers
strong trend line support
Fib level 0.5
channel support level
showing strong support of Bullish trend continuation.
AUD.CHF Long 4HRHello Traders,
AUD.CHF is one of my favorite cross pairs because it has good market structure.
Today the R.B.A kept the interest rates the same at 0.10%, and yet, the bulls took control today.
My 1st T.P was executed and now I'm at break even. Let's see if price will continue long and reach my 2nd T.P.
Samantha
EURGBP AnalysisSee the picture for analysis:
-Price was in a downward channel creating
lower lows/ lower highs.
-Price has now broken out of the downward
channel and now creating higher highs/
higher lows.
2 options here;
1) wait for the price to enter the demand zones
and enter on the confirmation trades.
2) buy the demand straight up.
Long Idea GBP/JPYLong Idea GBP/JPY:
Based on our Analysis we see a Strong Up Channel based off the Daily time frame Making HH and HL we anticipate a pull back and then a further push to the upside to our 3 Take Profit Areas highlighted .
TP1 : 169.067
TP 2 : 170.467 (Monthly Take Profit)
TP 3 : 174.707
SL : 147.034
If the market does a Deeper retrenchment to our second entry point highlighted round about 152.337
our Take profit analysis will stop at TP 2 : 170.467 (Monthly Take Profit) we will then anticipate a Larger than normal retracement.
Bitcoin may react to the top line of the downtrend channelA downtrend channel can be seen in the Bitcoin chart. This channel is drawn in the chart on the left. Bitcoin is approaching the upside trendline of the channel. There is a possibility that BTC respects this trendline. If Bitcoin respects this trendline, it is likely that Bitcoin will continue to downtrend.
It should also be noted that sellers are still more powerful than buyers, and the RSI is approaching the overbought zone.
