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DOLLAR SELLPlease be mindful this is for ME. I've been waiting for the dollar to die for a while. Take a look at what is going on in the news and based on WHAT I BELIEVE the dollar is going on a bearish run. On this chart I don't have the channels or monthly levels featured but I do have the dollar broken out of a bullish channel. It's also sitting at a monthly S/R zone. I'm expecting it to break thru and push further lower. Maybe a slight pullback this week and splash water falls from there. I'd like to see price gradually drop to 92.45ish area and reset before a continued drop to 89.44ish where another monthly zone is sitting. If I'm being honest with myself I don't care how far it goes down I just need it to die. I'm also bullish on XXX/USD pairs so that also plays into why I feel the dollar will go down.
TVC:DXYShort
by UnknownUnicorn3177294
1
GBPUSD - SETUP - WEEKLY CONTINUATION - 21 MAYWELCOME TO DACAPITAL TRADING!! GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Strong price action below previous week low breaking it.. DAILY Sideways couple of days finally broke out this level to the downside WEEKLY Strong bearish movement last few weeks following this bad boy LEVELS SHORT @ 1.34326 SL @ 1.34733 TP1 @ 1.33927 TP2 @ 1.33738 TP3 @ 1.33544 Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.! Enjoy our limited Free Content and Setups, leave us a like and Comment!! DACAPITAL TRADING
Short
by DACapitalTrading
4
SLR HODL or come again please.To be honest, we have time panels within a channel. If it just keeps on moving in that direction, it will take a while until something has a chance to happen. If it breaks out soon, we could see a pretty nice recovery, if it breaks down, RIP soon recovery and it will take a little while, until we get into the channel and then have the chance to go up again. ANYWAY there is not much room to go down, so long term - LONG For short term, just get out and get on better trades, or swing this one in the time panels.
SLong
by KongTrading
1
EURUSD – Will Favour Wait for a SHORT to form !A: SUMMARY – Will Position for a SHORT !!. >Month Chart in Downward Channel.. >WEEKLY Chart – FAVOUR a Breakdown of Channel Line 1-WOULD Watch EURUSD Rise up to FIBS 38.2% (1.20503) OR FIBS 50% to FIBS 61.8% ( 1.21190 to 1.21877). DAY CHART : B: This Coming WEEK Analysis: - WAIT for A SHORT Position 1- H4/H1 entry around ZONE 1.20503 (FIBS 38.2%) OR 1.21190 to 1.21877 (FIBS 50% to 61.8%) 2- WATCH for CANDLE Signal / Lower High Exhaustion Candle 3- PREPARE SHORT !! CHEERS .. Stay Nimble-TRADE SAFE !! Let The MARKET DO Its Work-Watch -Stay NIMBLE !!
Education
by jeffreyysl
BTCUSD- Fear not the whales! Staying afloat amidst manipulationOH NO THE WHALES ARE MOVING THE MARKET!!!! Yes, yes they are. But that doesn't mean you have to watch your stops get swallowed up like a helpless krill! All jokes aside, I hardly ever post about bitcoin as I'm an Ether guy myself, but there really is some highly suspect moves in the BTC market as of late. D4 did a great job of covering some of the suspect zones (link to his chart is provided) and in the comments you can find some secondary commentary and an accompanying chart showing some additional evidence of possible manipulation. But lets be real, if you're trading cryptos and keep your head in the game, you already knew this was happening. On to the good stuff! So today we're going to: Check out one of my methods for staying away from disastrous losses from liquidated stops while whales move the market Look at some possible paths for BTC over the next day or so Oogle some obescenely beautiful channel movement Staying Afloat ***This is just what I personally do to manage my trades during heavy manipulation, it is neither perfect nor without risk; but if you stay proactive about watching the market you should be able to minimize the likeliness of taking losses in a whale sell off. I truly cant stress this one enough: Monitor to break even before you even consider dropping a stop. If you're trading 4 hours or greater bars, drop down your usual trade time cycle to half of its usual value and do your best to check the market often for dramatic shifts. (I usually trade 4 hour charts, in this market I drop to two and do my best to check every 4 hours at most). Place very loose stops (I usually push down my normal stop as much as 6-8% lower DONT LOSE YOUR HEAD! whales moving the markets can be scary to watch, but they're relatively easy to pick out. You can see how many major "whale moves" correct rather rapidly (likely after minnow positions are liquidated), HODL is never a trade strategy, but a calculated short term hold for indications of a market shift is a completely viable strategy; possibly even keeping you from the way too common "buy high, sell low syndrome") Possible Paths Blue seems unlikely with the dropping volume against the sharp recovery that just occurred Green is what I would really like to see and would be the "healthiest", id be more bullish on a pump to the 100% fib after some strong consolidation along the channel than a low volume jet upwards. I dont think this scenario is too likely considering weve been moving channel bound for upwards of two weeks. If it does though, we're looking at some good support at both $8750 and $8000 (~%50 fib of current channel bound cycle) Channels can be a beautiful thing Theres not too much to this one, I just love examples of market geometry and technicals playing out in fromt of me. Really the channels began forming shortly after the recent cycle low reversal. It's interesting to note that both the high/low cycle shifted by a single channel each time the fib ratios were reached. Stay frosty, and learn to fight the whales fellow crypto traders! -------------------------------------------------------------------------- DISCLOSURE: This analysis is meant for educational purposes only. You trade at your own risk! Austin Doyle CTO
BITFINEX:BTCUSD
by UnknownUnicorn1613901