ALGO/USDT Analyst Daily 😮Hello to the respected members of Trading View🥱
ALGO daily time frame cryptocurrency analysis (logarithmic chart)
In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31.
If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term).
Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily.
Arztoday Team 🌹
Daily Charts
EURJPY time to retrace 🦐EURJPY after the strong bullish impulse took a break,
The price show us some red candle and some more retracement can be seen.
How can I approach this scenario?
I will wait for a break below the support area and in that case I will be looking for a nice short order according to the Plancton's strategy 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCAD on a double bottom retracement 🦐GBPCAD after. a long downtrend seems to find a short term bottom.
The price tested twice the support and is now trading below a confluence between a descending trendline and a minor resistance.
How can i approach this scenario?
I will wait for a potential break of the resistance area and in that case i will be looking for a nice long order according to the Plancton's strategy 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Selling the euphoriaMorning guys,
So, BTC even over-completed our COP target, diving a bit deeper, to 1.618 butterfly extension. Stocks market now stands in short-term euphoria, concerning oil prices drop and US yields easing. So, why we shouldn't use it?
As we've suggested, we could wait for upside bounce to 19.8K resistance at least, or , if we get lucky, to 20.40-20.50K resistance area. Daily bearish context still stands intact...
GME Earnings run up^^^Daily Triangle Play here. If close above 32.11 I'd look long. If break 30.38 or even daily close below 30.65 I'm looking short. The play will likely develop prior to earnings 7Sep22. Will trim most of the position before end of day 7th. May leave some runners for after earnings only if I'm green on the play.
This could run hard either direction. I'll set stops at the apposing number from listed above. If it gaps out of the listed range I'm likely OUT.
EURUSD KiSS Strategy LONG from Support!Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EURAUD looking up 🦐This pair after the break of the descending channel is trading below a daily resistance.
The market after a series of lower low and lower high create a higher low.
How can i approach this scenario?
I will wait for a potential break of the resistance area and in that case i will look for a nice long order according to the Plancton's strategy 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
XAUUSD looking for the 1680? 🦐GOLD after my previous analysis reached the support area as expected.
The market is looking for a possible break of the structure and a potential retest of the strong support level at the 1680 zone.
How can i approach this scenario?
I will wait for a potential break of the area and in that case i will look for a nice short order according to the Plancton's strategy 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
19.2K bounce and 17.5K targetMorning folks,
Overall action stands relatively quiet,so we have minimal changes since Mon. Overall context remains bearish. Maybe poor NFP numbers only could trigger more or less moderate bounce.
Here we have two targets. First one is 19.2K which could be finalized by minor butterfly with tactical upside response on intraday charts. This is the object for scalp traders, who wants to take long position.
At the same time, bears could try to sell possible rally, aiming on the next 17.5K target.
BTC now has no support at all - major levels have been broken, market is not at oversold. Only previous 20K top works like natural support line and holds the price by far. But it can't last forever.
what if we distribute further in major indices?spx is in a correction wave of a terminal thrust distributively, and if we sink we distribute further. the .382, tram, and sss ma are levels of resistance and .618 and lower anchored vwap band are levels of support, .5 and nearby levels are pivot, but we may trend much lower in major indices. there are still bullish scenarios marked out and fib retrace levels are a guide as well as sss signal and qqe entries.
Daily BTC to USDT review on 4H intervalHello everyone, let's take a look at the BTC to USDT chart in 4 hours. As you can see, the price is moving above the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,710, if the support collapses, the next support is $ 19,432, $ 19,159.
Now let's move from the resistance line, because the first resistance is $ 19,854, if you can break it, the next resistance will be $ 2,0005, $ 20,308 and $ 20,261.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, and the MACD indicator shows the local upward trend.
USDJPY - SIGNAL ON 15 MIN [BUY]Pair Name: USD/JPY
Time Frame: 15 MIN
Analise Type: liquidity zones, order blocks
Reasons:
•Bearish trend but London session created a false breakout
•New liquidity created that hopefully will be reacted by the price
•Previous liquidity reacted well by the price
•Daily low created in London Session
EURCHF 4 Hr. Short Opportunity! + Trading PlanWelcome back! Let me know your thoughts in the comments!
**EURCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
21.70-22K is vital bearish areaMorning folks,
Thursday plan has worked nice. Wyoming meeting just has confirmed our long-term view and why we call to stay aside of BTC since Jan 2022. BTW, we've prepared new fundamental report where we explain why it is not the time yet to invest, set downside targets and also share forecasts of long-term performance of BTC and US Stocks... ITs free on Forexpeacearmy website, just watch for Blog part and find my Blog - Sive Morten.
Now concerning the short-term. As market has no solid support, context remains bearish. Nearest downside targets are 19.2K and 17.5K. But, as daily bearish flag has been broken - for short term BTC it is vital to stay outside the flag. Otherwise stronger upside bounce is possible.
That's why for short-term bearish setup we consider 21.70-22.05K resistance area as a vital, because it also coincides with the flag trendline. For position taking you could consider any other Fib levels - 20.41K and 21K K-resistance.
We do not consider any long positions by far.
GOLD for a retest of the 1680 🦐GOLD on the daily chart after the recent retest of 0.382 Fibonacci level is moving to the daily support.
The market is looking for a possible break of the structure and a potential retest of the strong support level at the 1680 zone.
How can i approach this scenario?
I will wait for a potential break of the area and in that case i will look for a nice short order according to the Plancton's strategy 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
GBPJPY August 28thDaily Flag Pattern
4H Trendline markup for Daily Flag Pattern
4H Ascending Triangle being created after touching bottom of Flag Pattern
4H Bearish Correction
1H Bullish Engulfing on bottom of Ascending Triangle trendline & 4H Zone.
30m double bottom (reversal pattern).
Daily exhaustion at 4H Zone.
Nasdaq Higher Timeframes AnalysisPrice potentially formed a lower high filling the fair value gap on the weekly timeframe. Potential short from the H4 order block to continue lower and tap into the daily demand zone. Potential bullish reversal on the daily demand.