EURUSD Dailyslow start to the week on EU and I thought my analysis from last week was going to be wrong.
But obvious things happened in Europe and the markets reacted as they always do.
not to sure where overall direction is heading now but a reaction at around 1.3300 could be expected. could see price test the swing high at 1.5000 also.
with everything that's happened this weekend swell I expect a GAP on opening. won't try and call what side of the market though.
Dailychart
Fri 25th February 2022 USD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/JPY Buy. Enjoy the day all. Cheers. Jim
Fri 25th February 2022 AUD/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/USD Sell. Enjoy the day all. Cheers. Jim
My Bitcoin Hopium for Today on the Daily ChartMy idea is if we hold today and don't go any lower, having already learned the news that Russia is and did invade Ukraine, then the principle of "buy the rumor and sell the news" is in play, only on the short side. In other words, people shorted when first hearing of Ukraine and now after knowing what Putin would do we had another move down and now my thought is there is in "Hopium's View," no more downside left. Anyone entering shorts now would be shorting the news rather than the rumor.
With that being said I am hoping this is a new low which would mean we didn't hit the low of 1/21 and therefore "hopefully" put in a lower low and we can now look for a higher high of above 46. You can see my ideas of where highs and lows might be and the time it may take to get there.
Tue 22nd February 2022 GBP/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 1x new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
#BETA, Is this another entry opportunity?A quick look at Beta (#BETAUSDT, 1D, Binance):
Since my last idea , price found support on the $0.40 level and looks ready to give us some more fun!
Main Points
Yesterday, BETA has seen a considerable above-average trading volume, with price pushing as high as +20.89% at close. If BETA breaks through the EMA 50, it may go up to the most recent highs and even test the resistance of the range, for a +23.15% and +46.81% respectively at the time of writing.
Strategy
TPs set slightly below resistances:
TP1: $0.63
TP2: $0.768
SL: n/a(*)
Additional Reading
If you want to read more about Beta Finance on CoinMarketCap, click here .
What do you think?
Any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
(*) I do not use Stop-Loss for the simply because that I do not margin trade, and I trade only assets that I do not mind keeping long-term should the price suddenly crash.
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BTC/USDT : Daily View, Opportunity to enter in the bullish trendBTC/USDT : Daily View - Opportunity to enter in the bullish trend above 40800
Context :
Following my previous Mid/long run analysis here :
You will find below the short-term element leaning towards a new direct rise from the bottom reached the last past hours.
Daily View - 1 to 3 days - 3H chart basis
On a short run the BTC formed a range pattern with a lower part at 42800/42100 (entry level area) corresponding to the EMA (Exp Moving average) accumulating bullish momentum. The RSI indicator is also coming back to 50% which is quit healthy after having shape a small divergence.
Looking at Harmonic and Elliot wave structure we are still expecting a formation of a wave 3 in the 51K/ 52300 area
Conclusion
as long as 40800 remains daily key support on 3H close basis a larger rise towards 51K first and 52300 is expected before starting in pause like a range in wave 4 in the coming days.
In case of 40800 downside breakout the market will provie a bearish pre-signal jeopardizing the recent bullish reversal with 37800 as short-term alternative Target
Fri 18th February 2022 USD/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified A new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/JPY Sell. Enjoy the day all. Cheers. Jim
Bitcoin Daily Chart - Wyckoff Distribution and Downtrend BreakAs the majority of traders have began showcasing various bearish signals, it is important that at this moment we zoom out of the chart and we observe the longterm pattern that has been created.
On the daily chart we can observe a potential Wyckoff Distribution being completed which should continue with a downtrend.
As of today, bulls are attempting to break off from the downtrend and enter two possible scenarios:
- a shoot to ~47,000 breaching the strong resistance at ~45,000 which has already been tested several times.
- sideways trading to consolidate the downtrend break, and build new support before finally attempting to pump in the ~50,000 price range.
We are still considered to be in no mans land until a confirmation appears.
The most likely scenario is sideways training and here is why:
1. FED actions to taken in consideration
2. Russia - Ukraine situation. Ukraine deciding not to follow their NATO membership ambitions is a positive step towards temporarily resolving the tense circumstances at the border.
3. The crypto ecosystem is technologically booming. A 12-24 months bearish crypto market does not represent the logical uptrend of the overall crypto world, unless external factors are significantly negative.
EURUSD : AnticipationDaily chart on EURUSD took out liquidity from the top and broke down. There's a high probability for this to continue downwards into discount's FVG.
Find a trade setup on 1H or 30 mins LTF when price comes back to retest this OB-
Please bear in mind, price could turn before the retest, leaving an FVG- in the process.
GLGT.
Head & right shoulder (Weekly) Dump incoming! 49k-53kIn the big picture. We can notice the pattern's right shoulder that has not been created properly yet
49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k
If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started.
When we look at the daily. It is quite optimistic but the right shoulder is not there yet. This is how it seems to me.
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Thank you very much!
Allianz (ALVD) Breaking All-Time High – Stocks - DailyCAPITALCOM:ALVD
Taking a look at Allianz (ALVD) on the daily chart, we can see that it's reached an all-time high that it hasn't seen since February 2020.
Once reaching its peak in February (at the price of approximately 231), it reversed and dropped straight down to 116 in a matter of days. It took two years to recover, and now it is hovering at 231 once again.
The analysis shows the extended downward trendline from the high point in February, moving across the peaks in June 2021. If the price was still below this line, I would be inclined to consider it still in a downtrend. But using the 1-2-3 change method and having the price close above this line of resistance, we can assume that it is in an uptrend now.
An upward trendline marks the movement from the falling price back in 2020 along the valley of the price through September and December of 2021.
Currently, the price is on a massive incline uptrend, which is enhanced by an upward tightening wedge. Using the Fibonacci retracement, we can also see that there seems to be a partial rise indicating that an upward breakout is imminent.
If the price breaks through this barrier, then there are no resistance levels standing in its way. This could mean that price will climb to a new all-time high but determining where that is could be difficult.
The long option here would be to set your stop loss below the Fibonacci retracement level of 38% and then go for a solid 5% increase in price from the breakout point (which is 232 about). This would yield you a reward ratio of 2 to 1. It might not be the most considerable trade, but you could run with the breakout and see where it goes.
One of the negative factors I would consider is that selling pressure on the previous valleys has been very high compared to the averages. Moreover, the last time the price reached this level, it plummeted. Thus I would wait for the price to close above 232 before going long.
Daily SPY Update BaybEE!TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you.
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SPY Stock Analysis - S&P 500 SPDR ETF Stock Price Prediction for Tomorrow
We go over the SPY stock - S&P 500 SPDR ETF stock, and give our stock price prediction on the SPY stock, our SPY stock price analysis, and stock price forecast on SPY for tomorrow Fri February 4th.
SPY STOCK: THIS IS A SPY STOCK PRICE PREDICTION, SPY STOCK PRICE ANALYSIS, AND A SPY STOCK PRICE FORECAST VIDEO.
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. You get Daily SPY STOCK pre and Post Market and the Price Spy ETF price predictions Weekend editions.
. TESLA stock along with TESLA share Price including Tesla After Hours.
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GOLD Sell Trade OpportunityGOLD Sell Trade Opportunity
Gold was running on channel area and it was break the support on 27 January and has retest short term Resistance level many times, Overall market is Bearish trend we are expecting it that will not break resistance level. If strong sell Candle Made on Monday H4 time frame so it will be very good Sell Opportunity
'Always Use with Stop Loss'
USDCAD trade opportunitiesUSDCAD trade opportunities
This Pair have retest Channel Trend line Support if to market close above the Previous day candle then it will be confirm Bullish setup. Other scenario if close below the support line then waits to retest support area and inter in sell Position. in both scenario have good risk reward opportunities keep eyes on price action setup