IDX: BBRI FOR SEPTEMBER 2022Medium support at 4550
Weak resistance at 4650
I Prefer Yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
Gann Fan
Gann Square playing out?
Update from the previous idea.
The above image is the linear version.
As we expected, Gann square and arcs stand in the way.
I emphasized some arc colors, but basically no change to the drawing itself.
The breakthrough here would be a surge, but it doesn't necessarily seem likely.
ETH on key levels: Gann Square Analysis
This is an elaboration of my previous idea about the ETH's resistance levels, this time using Gann Square (and arcs).
As can be seen, every arc and fan behaves as support & resistance.
White diagoanl line is Gann 1 x 1. Trends above it are sad to be strong, and trends below it are weak if the square is properly applied.
Overall, this Diagram shows how important but difficult it is for ETH to break through the two key levels: the current price zone and the previous high.
ETH Merge will squeeze price up to unload lockup, Then Down.BINANCE:ETHUSDT
My opinions in order of likelihood
(See more Detail Opinion written on Callouts in Chart)
Option 1 *
- Merge will lead to forcing price up
-- So that those with locked ETH get their value worth back
--- Then it will crash back down through the levels.
Option 2
- Fake out here / Turn now and we fall to the bottom Area on the weekly Low over the last couple of years.
Option 3
- We Range and Crab for months and months while inflation eats away the relative floor value. vs what would have been nominal.
Indecisive trend Leveraged Funds, Asset Managers and Non commercial are pushing the market to the downside. Keep your stops tight things would get real ugly in a blip. Don't hold long positions.
Look at the COT report here:
Scenario on track, but beware of support at 18200-17600
Dump as expected. Gann Fan supports as predicted (see the related idea and the image below).
Except for the minor upside (20130) smaller than expected (20400+), the overall scenario is right on track.
The macro downtrend would persist, but we would see a short-term rebound at the support zone around the previous low.
Check 18200 and 17600. (Previous low and the crosspoint between the parallel channels on the weekly chart.)
IDX: JPFA FOR SEPTEMBER 2022weak support at 1450
weak resistance at 1540
I Prefer Yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
Going to retest resistance? Another dump expectedAs we predicted earlier, the bearish scenario is ongoing, still shaping the potential triple zigzag.
Another dump is very likely when the rebound from Gann Fan, helped by the harmonic black swan, ends up in a pullback to retest the resistance.
Factors to watch (for the short term):
- Trendline (from circled "X") around 20500-20600
- Gann Fans 4/1 and 8/1 (to support around 18500?)
- 25EMA on 4H Timeframe
- June 19 low (17600)
- Red channel midline
$DXY End of Month Range ReviewThere appears to be forces at work that are expect (are working on making) $DXY move down to 106.5 levels by months end. Today, 108 to 108.5 is in the window I'm looking through. Simple as that! Keep an eye out though, if we break 108.5, the market's gonna be tanking pretty bad, and there's already divergence between $DXY and assets like $BTC in play this week, and today's no exception!
IDX: JPFA FOR AGUST 2022Strong support at 1610
weak resistance at 1665
I Prefer green trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
IDX: ANTM FOR AGUST 2022Strong support at 1950
Weak resistance at 2130
I Prefer yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
Weekly Trade Idea for aug 15 2022EU has been struggling to breakthrough the sell zone for more than two weeks.
As we trade the monthly cycle of high and lows, it is the time for the cycle to drop to the buy zone.
The current price as of Aug 17 is @ 1.01692, we are looking forward for the price to drop down to at least 1.00734. you might short if you are trading shorter timeframe or scalping.
However here we are trading swing and trading days range from 3 days to 2 weeks. we will wait for the price go downward and buy it from there.
Multi level entry would be strongly suggest when the price come to the buy/sell order zone.
Set your order, take care your risk. and let the market do it's job
all the best traders!
IDX: BBRI FOR AGUST 2022Medium support at 4240
Medium resistance at 4350
I Prefer Yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
IDX: BRIS FOR AGUST 2022Medium support at 1560
Strong resistance at 1700
I Prefer Green trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
IDX: TLKM FOR AGUST 2022Strong support at 4510
Medium resistance at 4660
I Prefer Yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.