Dailychart
EMAN on a slow ramp to the 1.618Fib level target is the 1.618 level or approx. $5.87. Although showing weakness in the RSI, It could be bottoming at in the neutral area and still holding its weekly upward trend line. As long as the trend line holds and the daily support zone holds we could reach our target before next earnings.
Dare to be wrong about ETH | DUMP EEETTTI hope that I'm wrong and we continue to moon town with Vitalik and Elon.
Daily looking bearish, could retest some of the lower fibs before breaking to the upside of the descending triangle.
Short on the way down, buy the dip and get a good entry on some almighty longs before we blast off to 10,000k usd.
At the end of the day, a retracement like this wouldn't be bearish. Hold tight.
BTC/USDT - Daily LONGHold your coins traders and investors, we are seeing a healthy correction and things will turn out to be bullish in the next days.
In the chart you will see my idea about Bitcoin/Tether in which i forecast an upper movement of the price to the target zone which is with +7.32% ROI if you enter long now.
I am not financial advisor nor expert, please make your own analysis and trade with caution.
Price action and wave analysis of Bitcoin ( BTCUSDT )Look at this nice wedge pattern in #BTCUSDT chart!
1- It seems a wedge pattern and an ending diagonal.
2- Be careful in your long position.
3- Look for a bearish pin bar in daily time and then get a short position.
if you agree Or have another idea you can leave a comment below. Thanks!
"DONT FORGET MONEY MANAGEMENT GUYS"
AUD/CAD Analysis - Upside correction/trend continuationWelcome back! Please support this idea with a LIKE if you find it useful.
*** AUD/CAD - Currently holding support at 9670. I expect to see a correction to the 50% Fib level and then a trend continuation on the Daily.
Price could also re-test previous resistance at 9760 (red zone).
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
On this chart, red zone = potential sell, grey zone = potential buy, white zone = potential take profit target. We also use the tp zones for potential sell/buy.
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Brian Kenya Horton, BK Forex Academy
AMC BLASTOFF/MOON/MARSAMC
I have been studying this chart long before the hype and missed out. I strongly believe AMC has all the potential to reach these high numbers. Based from the pattern i placed, this has a cup and handle formation. A deadly formation for the hedgies. Based from the market, everyone seems to be bullish on AMC! As more and more vaccinations become available and the general economy and stim comes through, we are going to see this pattern play out accordingly. This upcoming earnings is going to be a pivital role in reversal of the bear market.
BZRXUSDT A new countAfter further analyses, It appears from a new count that we may be entering the third wave impulse. Fibonacci targets on the chart. Good luck!
Your Forex trading has to revolve around the daily chartFirst of all you are going to quit your 5 minutes charts. What is this? Day trading?
If you are a day gambler I have a few words for you. It is the most obviously stupidest scheme I have ever seen.
Not only retail day trades this is true, there are some institutions that day trade Forex too. The pros. The big boys.
Not a single one of the "pros" makes money day trading (playing directional). Academics literally took the entire trading data from banks and found 0 profitability.
That's for the results. Now what is the purpose of it? Hedging market risk in the next hour? Who hedges intraday? Banks? China? The Saudi wealth fund? Amazon? What do day gamblers think the purpose is? The market was created as a casino for the forex lifestyle?
According to the BIS triennial survey approximately 30% of the FX volume is in spot, 50% in swaps, 15% in outright forwards.
The smallest swap maturity is for the next day (overnight), the smallest forward maturity is 2 business days.
In the Forex market, THE CONCEPT OF "INTRADAY" ITSELF DOES NOT EVEN EXIST.
The only type of forex intraday contracts were binary options, some obvious scam created by brokers targeted at retail "investors" to fleece idiots of their money, the scam was so blatantly obvious the regulators all agreed to totally ban it.
www.bis.org
If you have been day gambling for over a year you have lost money to your broker and odds are you lost money to one or two laughable "forex day trading education" courses, possibly from a "legit from the industry" and "actual institutional trader" that never made money once in his life and whose job was to execute clients orders.
So if you want to argue come with a live account track record, show me your years of consistent profit and then defend this scam.
Daily chart. If you want to check the monthly or weekly you don't need to look at those every day, and nothing is happening there, unless you are looking at some emerging country or something.
And none of that 600 minutes, 12 hours, and other nonsense. No one cares what happened inside of that daily candle; it might as well not exist at all.
We live on planet earth, we have a daily cycle, we all sleep every 24 hours, for the most part. So daily chart.
And businesses, countries, banks do not take "daily" decisions, it's month to month, quarter to quarter.
Only the daily chart makes sense. Or are you going to explain to me that there is a fractal FED interest rate decision, a secret mini rate hike that you only hear from if you look at the 5 minutes chart?
USDJPY daily chart - swing tradeUSDJPY daily chart - swing trade
* This is my simple analysis *
(My trading style is strictly price action.)
Risk Disclosure
DISCLAIMER: Forex, futures , stocks, crypto and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures , stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains.
If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor.
GBPJPY daily chart - swing tradeGBPJPY daily chart - swing trade
* This is my simple analysis *
(My trading style is strictly price action.)
Risk Disclosure
DISCLAIMER: Forex, futures , stocks, crypto and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures , stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains.
If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor.
ONT/USDT Up trendGood Buy at 0.8$ - 0.95$
Stoploss 0.75$ (about 20%)
Short term:
Take profit at 1.2$, 1.5$, 2$
Long term:
Take profit 1 -> 1.5$
Take profit 2 -> 2.5$
Take profit 3 unlimited
If currently trend breaked and price ONT always lower than 1.2 so you can Short it from 0.9$ to 0.44$ (weekly support line).
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
Don't forget click like, it's a hug for me. Thanks you!
EURUSD Short with 3 Listed Confluences (Naked Chart)Confluence:
1. Double top pattern formation (Not textbook style).
2. Long Term Trendline Breakout on Daily chart.
3 Trend is breaching with lower highs and new lows being formed.
Entry: Trend continues to be bearish from the previous week. Will only look to enter this trade around the middle of the week as its still early in the week. Price might still retrace to one of three areas on the chart before moving to the downside. Will be looking to hold this trade for 4 - 5 days or until T.P is reached (Whichever comes first).
Gold in daily support zoneIts highly possible for gold to pullback up and break the resistance levels throw 1930.00 again because the level we can see in the picture is a daily strong level which has hit the trend line as well which if we use support level and trend line and Fibonacci -0.618 level as confirmation (its up to your strategy) we can clearly see the we will have a good Long opportunity and at the same time its possible to go down but due to strong support level that we have in this point , in my point of view at leat we will experience a good pull back thru 1760.00 price.
hope u guys enjoyed. OANDA:XAUUSD
REEFUSDT Let's ride the waveHere is my count for REEF/USDT. Looks like we are entering the 5th leg up. Harmonic Fibonacci price and time targets on chart Good luck!
SP500 - Relentless Bull Channel SP500 DAILY - - and where are targets above. There are 2 MM targets above - the channel had a dip out but is still valid.. now we are at the midline which has held prices for months.. Notice that often when a channel breaks out and the break out fails, the trapping of aggressive breakout traders will give a continuation momentum with the trend - such that you get an overshoot to the other side of the channel. In this case we may NOT go to the other side, but may break above the midline.. The last 3 days have been DOJIs right at the midpoint so the market is deciding here if we get another leg up on the D chart.
'Trade what the market is telling you.. not what you think ;) '