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Fractal

iiiinteresting - ETN/USDTha this is an interesting and tricky one, as a count. - i think it was corrective until where i scribbled out, and you want to call that second high up off of the floor the minor 1 top, i think in actuality, the first top was the minor 1 and then it popped an x wave up to the 2.618 of the top - but because it did that on the minor 1 there's a high chance it will do it again at the top of the macro 1, because impulsive moves in crypto tend to be highly fractal, so that makes it a good trade from here
Long
by Spocks-Beard
14
Short Term Distribution Bearish XAUUSDShort Term Distribution is showing us that we are likely to move to the downside with the formation of the Test. I aim to take this short to 2300 but managing risk is always important in any position. This setup is 7/10 however i would still risk 0.5 or 0.75% for this setup. And if fails go for the one above as im confident in this schematic. We are in a long term accumulation which is what we do have to take into account so looking for the point where we pivot to the upside and take profits in this short is what i would suggest using fibs or other methods. This is not financial advice , trade at your own risk.
EIGHTCAP:XAUUSDShort
by sayrylparra
USDCAD Trading Plan - 09/Jul/2024Hello Traders, Hope you all are doing good!! I expect USDCAD to react from the highlighted zone. Currently USDCAD is correcting for another leg up, however, I am still seeing one more down after this leg up to complete bigger structure. Plan to Trade: If market gives bullish reaction at zone, I am a Buyer till 1.367 area. Look for your BUY entry setups as per the above expectations. Your follow and like will be a token of appreciation. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
07/10 QQQ Levels and ATR RangesATR for the QQQ siting at 5.14 - WE have 10am and 1030am reports on Crude and Gas from the FOMC, Powell still testifying about the economy in front of the senate. 2nd quarter earnings are on the way this is going to a be busy month. Looking for good reports to come out of tomorrow, so they might be buying up the Momentum into these reports tomorrow. But they might also be selling to bring it lower to bring it back up again. If we get a pullback, I would expect it into the 496.24 area for Yesterdays low range, if we break that, then potential 495.50 for the weeks low. I will follow the ATR lines and look for Volume and price action along with the EMAs to help gauge a potential direction. We are now dancing premarket dance around yesterdays high level of 499.81 (52 week at 500.00 EVEN). if we bust through that area after open, following my scalp lines and levels up to 500.48 to 501.82, potentially 502.30. If we get there, I believe the fight for 504 in underway. God bless and good luck everyone.
NASDAQ:QQQ
by TuskenDayTrade