ETH/USDT 1HInterval Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is moving along a local upward trend line.
After unfolding the Fib Retracement grid, there is a very strong resistance at the level of $3,120, which stopped the increase, but the level of $3,252 will remain important.
Looking the other way, you can see support at $3,038, and then support at $2,906.
The RSI indicator and the STOCH indicator show a movement at the upper limit, which stops the growth and may result in a price recovery.
Dailychart
10 Daily Outlooks. D6. BTCUSD, EU, XAUUSD, USDCAD and others☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
XAU/USD 19-23 Feb 2024 Weekly AnalysisWeekly Analysis:
Outlook and bias for this coming week remains unchanged.
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ. Price remains in pullback phase in the premium swing/internal, therefore, I will still be looking to looking to short.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated (highlighted with dotted horizontal line)
As mentioned last week, request to LTF's would be to shift bearish to facilitate bearish pullback.
Anticipate structure to indicate start of pullback phase once price prints CHoCH.
Weekly Chart:
Daily Analysis:
Bias has remained unchanged since last week:
-> Swing: Bullish.
-> Internal: Bullish
-. Sub-Internal -. Bearish
-> Has reached EQ.
Price has failed to close above strong internal high whereby we are now in premium EQ of the internal range.
Price remains, as last week, to be trading within internal high and low.
I have now mapped sub-internal structure in red to gain a micro-view of the Daily Timeframe.
Sub-Internal structure has printed a bearish iBOS where we are now seeing a bullish pullback.
Bullish pullback has reacted at a Daily POI.
Daily Chart:
H4 Analysis:
Analysis/expectation remains the same as yesterday (16/02/2024)
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated.
Expectation dated 16/02/2024 was for price to continue bullish and react at H4 POI or 50% EQ which price did and currently doing.
Await bearish price action to confirm bullish pullback is complete for price to target weak internal low.
H4 Chart:
16th Feb - Daily and weekly anticipated levelsPlease take a look to previous (15th Feb.) daily and weekly levels.
Please pay attention this is BYBIT:BTCUSD.P on 1 hour timeframe.
I will keep posting these daily and weekly levels everyday, please use these levels as a tool for making your decisions or managing your positions.
These are anticipated support and resistance levels, and their reliability depends on their timeframe, therefore, weekly levels are stronger than daily levels.
Daily levels: These levels are valid for 1-2 days from the day of this post.
Weekly levels: These levels are valid for this week and maximum next week
Please update the chart with the actual price of BTCUSD to see the reaction of price to anticipated levels.
15th Feb - Daily and weekly anticipated levelsPlease take a look to previous (14th Feb.) daily and weekly levels.
Please pay attention this is BYBIT:BTCUSD.P TCUSD.P on 1 hour timeframe.
I will keep posting these daily and weekly levels everyday, please use these levels as a tool for making your decisions or managing your positions.
These are anticipated support and resistance levels, and their reliability depends on their timeframe, therefore, weekly levels are stronger than daily levels.
Daily levels: These levels are valid for 1-2 days from the day of this post.
Weekly levels: These levels are valid for this week and maximum next week
Please update the chart with the actual price of BTCUSD to see the reaction of price to anticipated levels.
10 Daily Outlooks. D5. BTCUSD, XAUUSD, GU, EU, US100☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
24-01-24 AUDUSD Long Entry Signal on 4H Chart 24-01-24
AUDUSD Long Entry on 4H Chart
Entry Price: 0.65700
Stop Loss Price : 0.65300 / 40 Pips
Take Profit: 0.66300 / 60 Pips
Risk To Reward : 1 for 1.5
Trade Grade: b +
CONS:
- Momentum more bearish + upside down v-shape (price usually likes to continued in the 2nd leg) of the V)
PROS:
- The price levels have made a solid support zone
- Could be lots of Buy Side Liquidity in the stop loss area
- For every Buy order there needs to be a sell order
A. this is critical for the trade due to the potential shift in the market to bullish
B. The lows have a higher probability to hold due to large Central Banks, Hedge Funds , ETC wanting to hold the lows. So they can buy against the trend to fluid enough liquidity
C. They might Induce market participates into selling in order to produce enough liquidity to cause a bullish leg of momentum to the upside.
D. I accept the risk and I will place a pending order.
Main Goal:
-Increase Win Rate this Quarter. Currently at 44%-
I have Placed a pending order. If anyone needs ideas with trade management please leave a comment.
XAU/USD 22 Jan 2024 Daily Analysis-> Swing: Bullish.
-> Internal: Bearish
-> Has reached EQ.
Price pulled back following bearish iBOS and is reacting to 50% EQ of the internal structure marked in green and daily demand zone.
Price is currently trading within internal high and fractal low.
Expectation: Price to target weak internal low. Current demand zone to be respected.
In the event price continues to trade bullish the likely scenario is for price to trade up to strong internal high before continuing bearish internal order flow.
My forecast on EURUSD a.k.a Fiber going into week 22-26 JanuaryGoing into next week I anticipate higher prices on Fiber reaching into the orderblock indicated. If there is a daily close above the orderblock I would anticipate price to go through the buyside liquidity. You can use this trade idea to look for long setups using your strategy. The dollar also shows signs of willingness to go lower which supports this idea.
pepe long idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
GBPAUD Longer Term Short - Already involved Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.
GBPUSD Longer Term ShortAs per the video the pound has been in decline over the past years so am looking for longer term shorts. On the weekly price action looks toppy and there's a good risk reward potential for entering short now looking for a retracement to 50% or even further. Whether it will ever reach parity or simply bottom out and climb remains to be seen in the future.
Major Support Found on BIGTIMEAfter seeing a perfect retest of support at the .24-25 value zone, that marked a top back in October 23, we had an 80% bounce. Keep your risk situated for crazy volatility.
Continuing the run further would see at least a test of the .55-.56 value area, though this may be a week or 3 away after coiling up for another spring board breakout during rotation. I'll add more zones above the .55 major resistance area as we get closer, just in case we hit some major bull moves.
AUDNZD Mid/longer Term Long OpportunityAs per the video we're at a point for a long entry on the next leg up then we wait for breakout situation. Price action has till now respected the dynamic trendlines. OK risk reward, maybe worth waiting to see if price dips down into the dynamic support zone, depends on your rules of course.
BTC Short-Term ChartHello everyone, let's take a look at the BTC to USDT chart, on a one-hour time frame. As you can see, the price is moving below the local downtrend line.
When we unfold the Fib Retracement grid, we will see support at the level of $41,471, and then it is worth defining a strong support zone from $40,916 to $40,226.
Looking the other way, there is resistance at $42,991, and then we have a very strong resistance zone from $43,755 to $44,718.
It is worth paying attention to the RSI indicator, which shows a rebound, as well as room for the price to go lower.
golden wave counting gold price went form 1810 to 2148 in just two month
this rally shocked everyone
what was most shocking instant reversal from all time high which nobody expected
abc wave has now retrace 50% near 1980 that is why you are seeing intraday support near that level
gold next move from depends on fed fomc today ,
which will decide gold will go 1930 or retrace back to 2007
Boeing Stairsteps for Swing TradingNYSE:BA has the most powerful and longest momentum run of all of the 30 Dow components. The company reports earnings on January 24th and the run up implies that the 4th quarter is likely to be better than previous quarters in 2023.
This stock has moved strongly since the bottom in November and has been able to pattern out some of the speculation with stairsteps to keep the run moving upward beyond the resistance level of its range trend.
Some of this movement upward is ETF developers building more ETF units for certain industries and corporations.
Profit-taking is likely soon for this swing trade as it nears the long-term resistance at the 2021 highs. However, there is now support from the range of the August highs.