Futuresmarket
XRP/USD by CryptoTradersWWOn the lower timeframes, price has been in a bullish market structure for a few days now (higher lows and higher highs, with price challenging this multi-month resistance once more. If price can break through barrier with volume, we can expect higher prices.
For our entry, we'd like to see $0.82 turn into support and 4-hour and daily closes rise above it.
On the chart, I've highlighted a few potential profit targets that I'd like to hit if we get an entry: $ 0.88, $0.91, and $1.00.
My stop loss will be triggered if the price falls back below the trendline after a breakout above it. I'll close the trade after this confirms a fake-out.
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Luna Can Go a Little Higher 30MinDay Trading Futures - Luna Trade Set Up
Entry: 86.52- 87.18
Take Profit 1 - 88.33
Take profit 2- 88.84
Take Profit 3- 89.67
Take Profit 4- 90.00
Leverage - 20x
Stop Loss- 85.20
BTC/USD - UpdateI'm still waiting for BTC to make a decision on which way to go between these two daily levels.
We are more likely to hit the lower daily level because we have witnessed repeated rejections around the upper daily level and we have bearish CVD divergence. If we see a correction to the downside, we could see a bounce at about $39K.
Following that, we must observe order flow in order to evaluate whether the price is likely to hold or not.
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Lumber Long Scalp SoonHey lumber has been taking a nice dump for the last few weeks, waiting for some momentum.
Double Bottom at DYDX 💰Analyzing DYDX we are starting to see volume kicking in right now. Looking very very nice for DYDX to start breaking that $18.
As soon as we break through the resistance this will be a major support.
In my opinion it's very likely that we will be hitting ATH in the next few weeks, but the first target would be around $22.
Keep your trading simple guys, have exit targets, protect your positions ...
SAND Approaching to Buying ZoneIf we do come all the way down to the buying points of the Fibonacci retracement I wouldn't even think of buying SAND.
0.5 Is a very good entry level and 0.62 golden pocket even better. I am looking forward to start accumulating from these points because the run up all the way to the ATH is very very large.
Due to the insane support we won't be breaking below the 2 dollar level making these even a better opportunity for futures or even spot market.
Be patient and wait until we see thee levels.
GOLD Perpetual Futures Contract Breaks Daily High and MoreThe GOLD perpetual futures contract just made a new daily high, which exceeds the daily highs of the last several days prior. Chart displayed shows daily low and high, range of highs and lows for past days, trend using last 3 pivots, money flow, volume accumulation percentage indicator, and bull/bear power.
Day traders may wish to look for an opportunity to short this as it may correct while longer term traders could interpret this as a long term uptrend.
Long ES with uptrendTrend is up on the Daily chart and we are looking for entry below the Previous High.
Drumming down to the 4 hour chart it is evident there has been an accumulation close to the pivot before the impulsive move (big green candles).
Looking to buy at the BUY AREA with my Stop Loss set below the prior impulsive green 4 hour candle should the buy area fail. If it does there may be more opportunities closer to the swing low.
The only concern is that price is very close to the area at the time of writing and may not get the trade volume needed for movement out of the Buy Area.
Futures Levels | Look Ahead For The Week of Aug 22The VIX popped and dropped last week making the selling again a very short term event. The S&P ES1! is right back on trend after holding the 55EMA on the daily. Gold GC1! is in balance and crude CL1! continues to look like it wants lower prints.
Economic Calendar Week Starting Sun, Aug 22
Monday, August 23
EU Manufacturing & Services PMI 2:15 AM CST
US Manufacturing & Services PMI 8:45 AM CST
Thursday, August 26
Jackson Hole Economic Symposium All Day
US Preliminary GDP 7:30 AM CST
Friday, August 27
US Core PCE Price Index 7:30 AM CST
Wheat Futures September 2021 ContractThe pattern is currently doing a sideways or consolidation in 1 HR and below. It looks like the selling pressure is present unless if its breaks the red line resistance with a strong buying force. Other confluence for shorts are:
1) Pattern making a reversal at a 61.8 Fibo level
2) Seller coming in, can be seen in Volume
3) Bullish momentum getting less and less
4) Price break 100MA, but yet to respect it.
Entry guidelines:
- I will wait for the price to break the trendline and the support area before going into a position targetting 160-170 ticks below.
Good luck!
ETHPERP Squeezing Flat Looking To BreakWe should see some action here, as the bears and the bulls are both taking a "rest" lol at 2145 their battling to take charge and lead the way to determine if were going to be rejected like the pimply kid with a mullet on prom. Or if we have the rocket power to continue on our way to the moon. HOPING to see a break in the trend that's more flat than a 12 year old boy!
NQ Power Range Report with FIB Ext - 1/19/2021 SessionContract - CME_MINI:MNQH2021
- High - 12835.25
- Low - 12810.25
Evening Stats
- Gap: = N/A
- Session Open ATR: 205.15
- Volume: 98k
- Open Int: 235k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 12415
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 1/15/2021 SessionContract - CME_MINI:MNQH2021
- High - 12927.75
- Low - 12908.00
Evening Stats
- Gap: = N/A
- Session Open ATR: 197.45
- Volume: 35k
- Open Int: 234k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 12415
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 1/11/2021 SessionContract - CME_MINI:MNQH2021
- High - 13105.50
- Low - 13070.50
Evening Stats
- Gap: = -0.22%
- Session Open ATR: 202.42
- Volume: 28k
- Open Int: 229k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 1/8/2021 SessionContract - CME_MINI:MNQH2021
- High - 12945.00
- Low - 12919.25
Evening Stats
- Gap: = N/A
- Session Open ATR: 199.70
- Volume: 26k
- Open Int: 229k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 1/4/2021 SessionContract - CME_MINI:MNQH2021
- High - 12905.00
- Low - 12852.75
Current Stats
- Gap: = N/A
- Session Open ATR: 165.10
- Volume: 31k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.