📊#ETH forms a bullish triangle after a two-week correction🧠ETH's PA is clean and the model is clear. If we continue to operate in the adjustment range, then short-term gains are possible.
Let's see👀
Futures-trading
NEW YORK SUGAR still showing bullish tendencyNEW YORK SUGAR continues performing as anticipated. After the completion of the wave 4 correction, the market resumed rally to complete the wave 5 of the same degree.
📊#BTC is still running in the adjustment range, forming a bulli🧠With the start of the huge dumping on August 17th, BTC entered a 17-day correction phase, and since the dumping was huge enough, I don't think the correction phase will end anytime soon, so there is a high probability of another short-term rise
👀Do you think BTC will rise or fall?
Please leave your opinion in the comment area
📊#GALA near all-time lows, RSI oversold, forming bullish triang🧠After a 217-day downward adjustment cycle, GALA is close to the lowest point in December 2023. The entire correction period forms a triangle structure, and we can set up trades by watching how the price reacts after touching LL
Let's see👀
Crude Oil mouvement in 8/29/2023I advice my follower to not expect a significant movement in the crude oil futures market today, 8/29/2023. Crude oil prices are projected to fluctuate between $79.97 and $80.15.
🥇GOLD - Wedge. Resistance breakout. What could happen? Gold breaks the resistance of the key figure and prepares for further growth. What is likely to happen? Will there be a rise or a fall?
TA on the high timeframe:
1) A false breakout is forming on D1. Quite a complicated setup that stretched for two days
2) After the false breakdown the price may be interested in the area of 1912-1920.
TA on the low timeframe:
1) A bearish wedge is forming on the chart
2) The price forms a rebound from the support of the key figure and an impulse of 36% is formed, which indicates an active attack of buyers.
3) The price breaks the resistance of the wedge, a figure that can break the trend, most likely the rebound can last until the nearest strong resistance.
Key support📉: 1902.87
Key resistance📈: 1914.12
SILVER (XAGUSD): Very Bearish Outlook Explained 🪙
Silver formed a double top pattern on a daily.
The neckline of the pattern was a key horizontal structure support.
This week, on Thursday, the price broke and closed below that.
It is a very important bearish signal that indicates a local bearish reversal.
I will expect a bearish continuation on Silver to lower structures.
Goal for sellers - rising trend line.
❤️Please, support my work with like, thank you!❤️
Futures Follow the Script Too!!! ESM Our 12am indicated that we are raiding external Liquidity today to the extremes.
The market does two things: Buy Sell or Consolidate.
Today the algorithm is programmed to sell.
The ADR of ESM2022 (Futures Contract) is approximately 42pips.
Never Over Leverage.
Trust the set up.
Be patient and allow the script to manifest.
Fun Fact; this play happens EVERYDAY around this time. All ya gotta know is the bias for the day:)
I AM THE ALGORITHM NOW!!!!!!
Master Jedi & Sensi at #SniperGang
EVERYBODY EAT$$$$
HAVE A GREAT DAY!!!!!!!!!!
EURUSDFOREX IDEA
The price between uptrend and resistance
We see strongcandle reversal
High probabilitty if broke uptrend to keep down
Next support exacly in 1.09000
Please don't forget like and followe
Have a good trade and good profit
Nifty 50 BTST/Intraday Breakout20 SMA has crossed above 50 SMA in the 30 Mins Time frame, A breakout has also occurred. Nifty 50 looks to turn bullish in the short time frame which can be utilized.
Entry @ 17100
SL @ - 0.5%
TP1 @ 1.5%
TP2 @ 2.0%
Note: Only for educational purposes. DYOR before trading or investing.
FLOKI inverse head and shouldersThought i would quickly share this idea, just been charting Floki as it caught my eye on futures. I noticed an inverse head and shoulders, Also Mac D histograph going into the green, Momentum building up,
This is the 2 hr time frame so a while to play out ;)
Those Dreaming of downside to wait another dayWe have witnessed the resiliance of investors with the determined buying of the S&P FUTURES and the market as a whole.
The close with strength above 4055 was a huge victory for Buyers their next target and obstacle will be 4093.
Macro Downtrend has been broken, Can buyers hold?
Soybeans Channeling Higher Towards 1800The main view of this trade idea is on the Daily Chart.
The commodity Soybeans appears to have found some support around the 1350 price level. The commodity is in a trend channel higher and once that trend channel holds, could rally towards 1800 over the next couple of months. This view will be negated if Soybeans fall below 1420.
Technical Indicators
The technical indicators are aligned to this view. Soybean’s Supertrend has been in a buy mode since the end of October 2022. The commodity has been above its respective Moving Average, the 50-Day MA, since November 1st, 2022. The Awesome Oscillator is above 0 and green while the RSI is above 50 and increasing.
The intra-day trend following indicators of the Soybeans also display uptrends in the 15-Min, 2-Hour and 4-Hour time frames. Short to medium term support is seen around the 1425.
Recommendation
The recommendation will be to go long at market, with a stop loss at 1420 and a target of 1800. This produces a risk/reward ratio of 2.45.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
At the time of writing, I have exposure to Soybean futures.
BTC with breakout of the downtrend channel. BTC with breakout of the downtrend channel.
R/R Ratio: 3.87.
Position: Buy/Long.
SL: 16458
TP: 16886
Long Coffee KC1!We are long coffee futures .
Profitability rate = 22%
Average Winning Trade = 12.65%
Average Losing Trade = 1.94%
Average duration = 3 weeks
GC SHORT target hitted i have used the box strategie it did welml in this trade i saw a spike in volume with breaking the 15min support i entred short and as you can see the target hitted i always look for this box strategie before markets are open and they did well
$BNB to $47 🤯🤯🤯BINANCE:BNBUSDT
$BNB reacted to my monthly POI at $393 so now reversing to seek liquidity and will fill up imbalance just right above $47 which will be the cause to tap into that target - $47
BAJAJFINSV1!29-11
Daily chart of BAJAJFINSV1!
LTP: 1645.15
Trendline (200 EMA) is bullish. Manual trend is sideways.
The first look pattern is similar to a bullish continuation flag.
Support is at 1517.15 (manual) and 1561.35 (200 EMA)
Multiple resistances at 1719.15 & 1774.50
RSI is below 50 and the arrangement is bearish as well.
First rule of trading is that one should never trade against the trend. Here, when the trend is bullish, our strategy should be buy on dips.
Keeping in mind that the RSI is bearish, we will wait for RSI to get in the oversold zone or closer and wait for a bullish reversal to enter into long positions for trading.
My idea is to buy between 1550 & 1575 with an SL of 1500 for targets of 1700++
LT1!29-11
Daily chart of LT1!
LTP: 2069.05
The trends (manual and 200 EMA) are bullish.
The candles are very close to the resistance and the chart structure signals strength.
RSI signals profit booking but there is no confirmed signals of any short selling.
2074.55 is a strong resistance (manual) and we can expect a strong up-move once it is broken.
I think LT1! can be bought for a strong breakout.
HINDPETRO1!29-11
Daily chart of HINDPETRO1!
LTP: 238.85
The long term trends (manual and 200 EMA) are bearish.
RSI is overbought and signals a bearish reversal.
Supports are at 241.50 (200 EMA) and 237.05 (manual)
Strong support zone is between 200 and 207 so it may not be broken.
I think we will witness a profit booking if the candles do not breach 241.50 with strength.
I have gone short with a very strict stoploss for targets of 220 and 210.
$BITCOIN SHAKE DOWNSo who was long? Alot of people put their longs in before the dump. Even Crypto Face. How many times does this have to happen before we learn that we are still in a bear market BUT near the end.
It didn't break above the top purple line and was getting bearish fast. That's what you have to look out for in situations like this. We knew it was about to do something. So we wait until that thing starts happening and we go with it. It's like catching that perfect wave. Just have to patient but ready, quick and vigilante about it all. The Four hour was bullish af BUT the smaller times were a bit in doubt. So when in doubt.. so you think what might happen in high hopes and go with your feelings and emotion but get rekt. Every time.
The big pumps will come.. for a merry Christmas? Who knows But they will come. Don't get discouraged by getting broken down. The green days are close.
Best of luck. 👍
SUNTV1!27-11
Daily chart of SUNTV1!
A clear breakdown of the manual bullish trend and 200 EMA.
Candles close to the support at 486.00 followed by a support at 475.
RSI shows signs of a bullish reversal.
Can buy when candles breach 200 EMA with strength or can go short if the support at 475 is broken with strength.
DJI Potential for Bullish Momentum | 28th Sept 2022On H4, with the price moving below the Ichimoku cloud and descending trendline, we have a bearish bias.
However, we can look for a possible small scalp buy entry at 28488.65 where the 127.2% Fibonacci line is with take profit at 29653.29 where the previous swing low sat. Stop loss will be at 27589.42 where the overall large timeframe 50% Fibonacci line is.
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