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Confluence

EURGBP Longs to .86300Reading price, we can see EURGBP has shifted up it is evident to see by the new higher highs and higher lows being formed. This shift in momentum has also cleared previous areas of interest and is now retesting as support. Price has reacted in the past and we are anticipating that same reaction to .88300, in confluence with the double bottom formation. If price violates this zone, we must reevaluate price action. Confirmations: -Structure -Area of interest -Rejection
Long
by ChartAddicts
SHIBA - on the daily update 🚨 🐾NOT FINANCIAL ADVICE: This idea IMO for personal use only ==================================================== My position here has not changed. Still bullish AF. 🚨 To all the crying newbies complaining about this pull back from a tweet: PLEASE EDUCATE YOURSELF IN CRYPTO MARKETS AND CHARTING. IT'S NORMAL FOR RETRACEMENTS/PULLBACKS AFTER EVERY RALLY!! IN FACT, IT'S HEALTHY FOR SUSTAINED GROWTH 🚨 We had an incredibly bullish green day yesterday 24th Oct, it's NOT surprising that there is a pullback today to recover from the huge rally yesterday. If you are panicking or complaining about this healthy pullback, then perhaps you should EXIT, THIS IS NOT FOR YOU. *If in doubt, zoom out, we are still on track for the bigger picture IMO** ❇️ If you are a HODLER: you should not care about what happens in the day-to-day (Micro view). Just Zoom out and watch on the Daily / Weekly view. Because the bigger picture should be your focus. ❇️ If you are a TRADER: don't forget to set your stop losses, take profits along the way according to your risk management appetite. At the time of charting this, it ranks #13 on coinmarketcap with market cap of over $14.3 Billion, which is an increase of circa $3B from yesterday's charting. WE ARE STILL EARLY!! 🔸 ATH , Volume, Fib confluence zones and levels, bullish pennant and flag formations 🔸 Currently available on Binance, Kucoin, Coinbase, Gateio, Uniswap and more. Head over to CoinMarketCap for full details of listed markets and tokenomics metrics. Only use the contract address officially listed on their website or on CMC, *be wary of scam listings elsewhere* As always, watch for volume. Do your own research, check on-chain data. Always be watching BTC. This is not Financial Advice. Good chat.🤖 My Last Chart:
Long
by CryptoZani
5
H&S break of neckline and retestA very promising shorting opportunity at EUR JPY after a recent H&S pattern formation. Targets above the right shoulder and targets around the 130.91 level as this is a level where the price consolidated in the past. We also have the 50% retracement confluence after taking into consideration the most recent swing high to swing low. If we pay attention to the RSI we can also notice the price has recently went into the oversold territory which relates to a push to the upside and a retest of the neckline is likely - this will offer a better opportunity for entry.
Short
by Rafal001
Don't miss this sweet 1:10 RRRYour divergence signals plug is back at it again !. REASON FOR THE SELL TRADE 1. Our 200 EMA is serving as our 50% (Average) level on our RSI. 2. The confluences are as clear as day, both at our previous resistance and our trendline 3. Price is already overbought but not over over bought yet, price must be over over bought at our confluence. 4. Divergence confirmed both in our main price on our chart, RSI and AO. 5. Monday is market open which means prices needs to adjust for the new week meaning, prices need to get centered on a moving average in this case, our 200 Exponential MA. Right after this post is published, i will set my alert to be received via email and mobile notification so i don't miss this scalping opportunity. Calculations: STOP LOSS (SL) is set at 51 points (or pips) whereas our TAKE PROFIT (TP) is set at a whooping 550 points (or pips) So therefore, using the following lots on a 50 spread account, you manage a loss and make a profit of: 0.01 (10 cents) = SL - $5.10 TP - $55 0.10 (1 dollar) = SL - $51 TP - $550 1.00 (10 dollars) = SL - $510 TP - $5500 10.00 (100 dollars) = SL - $5100 TP - $55,000 Use proper risk management, use proper money management !. I have time on my hands hence the essay-like breakdown of this trade lol !.
UShort
by LaBOSS_FX
4
Too many synergic indications that this level should hold...200 EMA, Bollinger Bands, Monthly Low -> all very near Friday closing price. • 200 EMA is generally regarded as an important dynamic level • Bollinger Bands works well on this pair according to my testing • Monthly Highs/Lows are important pivots You can also see support with a naked eye - the exact same level. That is exactly why I think that the level will be broken for liquidity. And I know the time. At 20-00 CEST, Bank of England Gov has some speaking to do. That is always a good excuse to break the market and reach for liquidity. After that, I think the pair will go long for a moment. To the middle band only. I won't long it further. Have a good luck!
Long
by OrcChieftain
GOLD triple top at the 0.618 🦐GOLD on the daily chart got rejected by the confluence point at the daily resistance. The price created a triple top on the 0.618 Fibonacci retracement level and now is moving to the support structure. According to Plancton's strategy if the price will break below we will set a nice short order following our Academy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any questions. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
OANDA:XAUUSD
by InkyGrip
22
Bitcoin dump could be about to happenso continuing on looking at this current run and a fractal of the all time high, it looks like we could run up to around 48200 ish give or take ar hundred or so then would be looking to replicate the dump that the all time high had, which on this smaller time frame would get us down around high 41k ish or low 42k ish range for this next big move, there is an amazing amount of confluence occuring where we are replicating the same patterns and lines just on a smaller time frame
FTX:BTCUSDShort
by surfbeach73
2