UNCERTAIN SO TRADE WITH VOLUMES - BRFS - 240MN - MY IDEAThank you for your Likes! Very Appreciated! Please give the chance to the community to see what you like by Sharing!
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After a nice long fall, the price has stabilized and is following a very weak support line going in the upside.
There is a support, illustrated by the blue line, that has been tested few times with a major failure lately.
This opens the door to a short entry on that time. Now we are looking at the price which has broken the very weak support line.
The signal of a short direction is not significant.
The probability is higher to see the price testing again the resistance line, then different scenarios:
- The market fails again goes in a declining trend. Perfect entry for a short trade, profits in the Sort direction.
- The market supported with volumes forms a nice larger candlestick to break the resistance, top blue line. At that moment the doted support line will become a serious support line. Good entry for a long entry.
To resume:
Beware next week at the volumes and the reaction of the market towards the blue resistance line.
Entrepreneur
NEXT WEEK IMPORTANT MOVE - DOLLAR TREE INC - 240MN - MY IDEAThank you for your likes! Well appreciated support! Please share to benefit the community. Thanks and enjoy!
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We observed that the DOLLAR TREE INC price have been going up but ranging between two very important lines.
The support blue line and the top resistance which has been at a higher level in the past.
This pressurized the price which try to get out of triangle range . Several pullbacks confirms our idea.
This has illustrated a very high pressure zone in which the market will be evolving from next week.
Next week is crucial!
We can't at the moment confirm at 100% a certain direction but the probability of seeing the market opting for the short side is higher because of the presence of a SUPER resistance above.
We can stay ready to enter :
- When one of the blue lines will be broken
- When a large candlestick will be formed .
Possibilities:
-The market could retest the support line to get some power on super pullback up, strong enough to break the resistance.
-The market could again test the resistance and break the support line . This would be the best for all traders as that support line is easier to break and is more likely to create opportunities for large profits.
NEXT WEEK CRUCIAL - LK LUCKIN COFFEE - DAILY - MY IDEASWe have observed significant changes in the daily trend of the LK Luckin Coffee price.
Last week's ends with a huge gap formation accompanied with a nice wick formation .
We got all signals of an increase in probability to see the market going down further furing the first days of next week sessions.
Former support lines forms now a strong resistance area above the actual price.
Chances of short entries from Monday are there, if the market follow the signal given with this big long wick created on between Wednesday and Thursday.
BEGIN NEXT WEEK DOWN - TRIP.COM GROUP LTD - 30MNWe observed a strong selling signal just before the exit of the trade.
The suppor t is still very strong but we noticed a second possible support if the market decides to break the first black line.
Possibility of formation or larger candlesticks with huge volumes indicating a significant change. Possibility , therefore, of generating profits in the short direction.
Next:
Be ready from Monday opening session ... if you miss it try to not miss out on the last third of the day in which investors are very dynamic in this market.
Have a good weekend and enjoy!
BEWARE FIRST & LAST SESSION HOUR- KDD CORPORATION-30MN- MY IDEASAfter a past long ranging period , we can observe that the KDD CORPORATION curve in 30mn has been at first descending.
After a short period with flat movement we observed a change in direction, seeing now the market going up back to the former ranging zone.
We see that there is a huge amount of fight between buyers and sellers. For the time being, buyers win!
Illustrated by two strong buying signals opportunity to get profits in the long direction.
Next:
-High probability of seeing the market running up more even in this slop angle.
- Beware of the first and last hour of session , major moves has been happening during those times.
- Possibility of a short entry around the top dotted black line which is a strong resistance point OR if we observe a large candlestick (one unique candlestick ) going down to break all lines and reshape the market.
EURUSD: UPSiDE to GO (Description) Hello everyone,
Hope everyone has been well. Last few trades I have called on TradingView have spanned out to precision.
Today, I am looking for momentum to shift directions on Euro.
I am looking for 1.10870 as an initial target.. Ideally, I see Euro going much higher all the way up to 1.12570 but my chart can only show till 1.10870.
We're at a great price to buy Euro, with at least rallies up to 200 points being rather significant.
Thoughts, comments, likes, follows are appreciated.. Follow me on my other social media as well.
GLGT
GOLD BUYS POTENTIAL 50-500 PIPSGold has obviously been grabbing liquidity all week and making people believe it is time to sell. Not yet buddy.
Looking for a good re entry around this zone level. Yesterday was able to catch almost 100 pips and got out.
Gold has also been moving 100s of pips this week in both directions which is an indication that there is indecision but more importantly that Banks would like to keep Gold in the 1600s.
This is a scalp, intraday and long term swing idea.
GBPAUD SELLS POTENTIAL 50-150 PIPSOverall trend is hella bullish of course. We are looking for a counter trend trade on this pair right now. We have approached a level that hasn't been broken yet and it looks like a potential Double Top on the HTF.
LTF is showing us all the dojo rejecting from this area.
BTCUSD POTENTIAL BUYS +200-800 PIPS WASSUP TRADERS, #FOREXFARGO CHECKING BACK IN!
NOT THE BEST WITH THE BITCOIN ANALYSIS BUT HERE WE GO...
BITCOIN ANALYSIS.
Confluences:
-Reject/Bounce off Daily Descending TL
-Bounce off May Support Level
-4HR potential Doji
-2hr potential Spinning Bottom
-1hr shows multiple rejections at 7175ish
BUY STOP @ 7200.00
SL @ 7165 (-35 PIPS)
TP1 @ 7385
TP2 @ 7555
TP3 @ 7800
TP4 @ 8200
TP5 @ 8555
POTENTIAL XRPUSD BUYS +100-500 PipsWassup Traders,
#ForexFargo checking in!
Analysis on #XRPUSD.
Confluences:
-Potential Double Bottom within Demand zone on Weekly & Daily
-Potential Rejection/Bounce off Daily Descending TL
-4hr shows potential doji candle closure or hammer
-1HR shows Hammer candle formation
-No candle closure below 0.23000
BUYXRPUSD @ MARKET EXECUTION
BUY STOP XRPUSD @ 0.23250
SL-35 Pips Each Position
TP1 @ 0.23850
TP2 @ 0.24350
TP3 @ 0.24850
TP4 @ 0.25350
TP5 @ 0.25650
TP6 @ 0.26265
TP7 @ 0.26725
TP8 @ 0.27555
Twtr short term long biasHello everyone!
This is tweeter short term long bias.
Price have reached to the previous weekly strong demand and that is not easy to break. It takes some time. Hopefully market may show us some pullbacks. So good time for catching small demand rooms to earn some pips.
Enjoy the weekend.
XNGUSD Long BiasHello everyone.
This is natural gas analysis.
As we have given demand analysis in our previous post some time ago. Though price just validated the previous higher time frame monthly demand zone but there are some chances to retrace back because as we know market always makes fresh zones on lower time frames after confirming higher time frame’s zones. So here is the small gap we can earn from. There is a chance to retrace back after touching 2.4700 area so we can set out TP on the said area.
But after a small retrace market would give us another bullish move so lets see.
Happy Trading
EUR/USDShort idea, for me price needs to go lower ( green box ) and remember gaps ( 1.08 ) Always fill.
if the pair reach this level i will look for longs at first but if we have a break and retest of the gap i will short for a further drop ( 1.06 level ).
If you want to see my entry join our channel for free trade ideas.
Bakkt Analysis A quick analysis of what can happen with BTC.
I saw a symmetrical triangle in the daily chart of BTC. Which will probably break out upwards due to the strong support around 9500. I think the price of btc will go sideways until the launch of Bakkt. When Bakkt launches without any obstacles there will be more demand for digital currenties, which will eventually lead to a higher price of Bitcoin.
A lot of crypto enthusiasts believe in a massive bullrun around that time. Not only because of the launch of Bakkt, but also cause the halving of mining. Which will lead in a smaller generated supply of Bitcoin.
Concluding: There will be a higher demand on bitcoin, but also a smaller supply. Which can possibly be a good reason for a massive bullrun.