G-money
Time Compression-----------> GBP/USD
Price for a period of twenty-two days was accumulating contracts In a tight range pip box. which Is truly one of my favorite setups to see once placing a trade. Whenever I see a consolidation period of more than five days, I immediately trap price In a box, and given the fact of the previous week's structure, I can then predict where the price will head with a clear cycle as well as other confluences such as moving averages which I will post below. Trading outside of those parameters is key. Lots of jamming occurred for those twenty-two days of consolidation, and It's best to stay out of those as soon as possible.
-With the major news that Is occurring with Russia and Ukraine, this move to the downside was imminent due to the previous month and week's structure
levels of significance: $1.35895
$1.32836
$1.31521
$1.28471
$1.25887
$1.22547
Max TP- $1.31521 For now
The reason being is I don't know If price will absolutely blast through the low that is present or if It will bounce on that given level on the H1 but either way, analyzing price once it gets there is key. where we're at in price is a clear indication of price dropping even lower. Just wait and execute.
US30 shorts 28/02/2022US30 shorts this week.
I see it going to 32150s even lower.
Not a financial advice.
Digital turbine / APPS ANALYSISDigital Turbine is a company I've been swinging for months.
I believe the Stock is under some pressure and it has a crucial resistance level at 44.80. Today it APPS sits around 43.60 and it is green. If APPS gets to breaks the resistance level of 44.80 the stock is going to hit around another resistance level at 47.70 and if it keeps showing strength the stock will break through and hit the mid digit 50's giving you a 10 dollar gain per share again.
But if the stock under performs under pressure the stock and breaks support at 39.50 the stock will go to the redder ends of the market and could hit the prices around 37-35 taking a 10 dollar loss per share.
Digital turbine values it's company at around 96 and it is expanding quickly. Do your own research and let me know if you want me to do any other analysis.
CADJPY SELL BIASHello Traders,
CADJPY is in retracement mode on the Daily timeframe. On Daily timeframe price has been rejected multiple times in the previous weeks, giving us a sell bias on the lower time frames with a good risk to reward of high probability.
We are waiting for a buyer retracement, which if satisfactory as per our rules will provide us with a good entry.
BIAS: SELL
Timeframes for high precision entry: 60/15
Follow for Free Entry Signals on this trade and others from Professional Traders.
NAS100 ForecastSo our short was stopped however we still have a long zone below which we is on our radar.
If price breaks into the empty space below and starts to reverse we have 2 short zones highlighted in red we expect price to reject off to continue down into our long zone to then make way to our 🧲 zone.
At this moment in time we remain flexible in our analysis. If our long zone does not hold we re analyse again!
The Inverse of Ethereum - UVXY Volatility - ACTION IMMINENTUVXY holds an inverse relationship to SPY and others but most eerily to that of Ethereum. As crypto gives way to massive selling, UVXY will breakout in an exponential explosion. Just as crypto went >10X on hype, so to will UVXY.
Inverse relationships are telling and as close to guaranteed price action as one can get.
Ditch the Crypto. Bank on VOLATILITY!! UVXY. It's here to stay a while.
TROUBLE: In a land down under!The Aussies are in trouble but they may not know it as yet.
Caution : this is not a prediction that the AUS200 is about to crash, or will crash. All observations and comment are based on this snapshot in time. Next week this analysis may be irrelevant if the picture changes dramatically.
Features on the chart:
1 - A clear sign of rebellion after panic selling.
2 - The rebellion is actually weak, in technical terms.
3 - The retracement up into 61.8 fib was unsurprising.
4 - Price struggled in the first (lower) zone of congestion.
5- Price was rejected twice from the second (higher) zone of congestion.
6. Price remains under the Daily ATR (amber line) - which represents a big change in sentiment at a macro-economic level.
I don't trade daily time frames, as they take too long to deliver and they are too risky for me. I would go long and short in a daily time frame bull or bear market on much lower time frames e.g. 3 to 15 min (which in trend following cant take days to complete).
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Bitcoin (BTC/USD) Daily Chart Analysis For February 18, 2022Technical Analysis and Outlook:
Presently, a downtrend indicates that the current price action is
renewing for the move to Mean Sup $37,000, $35,150, and Outer Coin Dip $30,800, respectively. While some bullish scenarios are also possible within the downtrend.