BTT BUYING OPPORTUNITY!The price has previously reached a high of 0.0135776 and started a pullback correction where it respected a decreasing trendline. Recently it has broken this trendline and we noticed a small retest on the 1H timeframe. We may witness a bigger retest on higher timeframes but now it's a good opportunity to go long!
Highprobability
USDJPY 4 hour Wave one currently in formation,
My current analysis view from the Monthly, Weekly and Daily TF is A LONG projection long term.
USDJPYSame Idea as the larger timeframe WAVE 4 HOURLY is an (accumulation/flat or consolidation a move to the upside is imitate)
Daily TF analysis link:
GBPNZD long swing trade 3:3.34 RR high probability tradeConfluences:
-Price just broke out of the 4H consolidation area
-Personally now I'll wait for price to come back to retest the consolidation area
-For an aggressive entry: I'll put a buy limit at the top of the consolidation area
-For a safer entry: I'll put a buy stop when I see signs of rejection and continuation to the upside
Additionally the weekly closed very bullish, and the consolidation happened at a quarter level, giving me a high conviction on this trade. However there is always the risk of a fake breakout so be wary.
What do you guys think?
BNB/USDT - HODLI am not a financial advisor nor expert, please make your own analysis and trade with caution!
In the chart you will see my thoughts on Binance coin. I really like this coin as the market cap is around 39 billion and it's not volatile as other crypto coins. Best for buying and holding.
Since it saw big surge to the three number price we see more people using it more than just a discount coin for using the Asian Exchange.
I described everything that I saw crucial for the price of the coin and everything is easy to read and beginner friendly.
Currently I am holding my binance coin as I believe that it will be back to around 300 USDT per coin.
GJ SHORT, Trading the retracement!Confluences:
Before anything I need to see this current 4H candle to close as a maribozu, if not, I may need to wait longer.
However this are my confluences.
-Price was in a steady upwards channel
-Price broke this channel and broke structure at the daily timeframe level with a lot of momentum
-Gonna enter when price retests this structure
-Gonna sell it to a major level 149.5
Feel free to tell me what you guys think!
QCOM High Conviction Trend ReversalQCOM at 200 SMA support and will likely revert back up or trade flat.
Trade Ideas
Shares : Long around the 200 SMA ($125) for $140 and $152.5+ Profit Targets.
Short Put : 110 strike expiring 4/16 for $1.3 Credit. Short 14.5 deltas with a 82.5% POP. $1000 BPE for a decent 13% ROC. Close at 50%-75% profit, 150%-200% Loss or 20 DTE, whichever comes first.
Put Credit Spread : 115-120 strikes for $1.33 Credit. 63% POP risking $367.
Call Debit Spread : ATM or maybe 1 OTM.
PLUG Mean ReversionExtremely oversold. While its fundamentals might still point that it is overvalued, its technicals are looking strong for either a strong move back up as shorts take profits and people buy back in now that it is at a key support level and has shown resistance towards a further down move.
High Probability, but risky due to its high volatility.
Trade Ideas:
Shares : Long between 33-42 for 50, 55+.
Short Put : 25 Strike expiring 4/16 for $0.72 credit. 83% POP and very cheap at $250 BPE for a solid 28% ROC.
AAPL High Conviction ReversalApple is at key trendline and 200SMA support right now. It is one of the more oversold tech players and will likely reverse back to its mean.
Trade Ideas:
Shares : Long around 117.5 for 125 and 130+. 5-10% Swing.
Covered Call : 131.25 expiring 4/16 for $1.5 credit. 17.5% assignment probability and a 12% covered return.
Credit Put Spread : 110-111.25 strikes expiring 4/16 for $0.33. 64% POP and max loss of $92.
Short Put : 100 expiring 4/16 for $1 credit. 92% POP and $1000 BPE for a 10% max ROC.
Strangle : 100-140 expiring 4/16 for $1.65 credit. 80% POP. $1170 BPE for a 14% max ROC
GBPCAD approaching a key level. Short swing or long swing?after the successful GBPCAD short, now we reached the first major daily trend line.
Between today till wednesday we will see whether we break and retest it or we bounce off it. Either way there are a lot of pips that we can grab!
As of right now both Pound and Cad dollar are showing a lot of strength so it's a good sign when we see the continuation or the reversal.
Feel free to tell me what you think!
AMD at heavy support and triple bottomAMD, similar to NVDA, has likely been hit by recent chip shortages. Their profits and market share only keep going higher. This is a fundamentally and technically strong play that could yield high returns if it hold.
Trade Ideas:
Shares : Long around $73.25-$76 for $83.25, $90 and hopefully $100+.
No great options trades due to very low IVR of 5%.
GBPCAD 1:4 RR swing trade Trading the retracement!Confluences:
-Price structure has been beautifully bearish (LL, LH)
-Trendline has been created and tested three times
-Enter on the 50 fib retracement (on the 4H)
-Stop above the 78.6
-Take profit at the first bullish trendline (daily timeframe)
-Also price broke and is soon retesting a major resistance zone (blue rectangle)
Feel free to tell me your thoughts!
Bearish top down analysisPrice make a fake hand & shoulder for trape the trader , beacuse seassioanl tendency in march till 20 price strongly weak and then go up.. now price make a lower low it may be total soap but cot and sessional indicate price go lower.
EURJPY 4.3 R:R long swing setupConfluences:
-Price retraced to the 71.8 level (daily fib)
-Then now it broke the 71.8 level, of the new 4H fib.
-Placed a buy limit on the 71.8 level and ill take it to the 27 extension.
Feel free to tell me what you guys think!
Happy trading.
EUR/USD clean 1:5.5 risk reward high probability trade!Confluences:
-Price failed to break the daily resistance, so I'd expect a retrace to the 61.8 daily fib level which overlaps perfectly with a reversal zone.
-I will buy then and take EU to the next zone taking partials at the major resistance line (considering the stop loss is low I can place a higher lot size)
-Stop loss will be at the 71.8 which lines up perfectly with the 2 4h wick rejections.
Good luck these weeks with the trades
AUDUSD long position!Confluences:
-On the daily there is bullish price structure
-DXY is very weak
-When the 4hour candle closes, if it closes as a bullish Maribozu, I will wait for the rest of the key level and place a buy stop taking it to the next level
-If the zone acts as support, this trade becomes high probability
Good luck and tell me what you guys think!
GBPAUD long SWING TRADEConfluences:
-W pattern
-Price respecting fib levels
-Price re-entered previous daily trendline
-Enter on continuation with a buy stop
-Good Risk-Reward
-AUDUSD hasn't retraced in a while so weak AUD should correlate with GBPAUD going higher, also the pound has been really strong lately
-Take profit will be in the second zone, I'll take partials at the first zone
Bearish top down analysis According to sessional tendency of EUR is bearish , and AUD bullish .so EURAUD MAY GO down. In price action price beautifully react previous ob. PA will make it high probability
Bullish top down analysis aud sessional tendency show the uptrend till march. so in daily price break the previous high and show bullishness in price action waiting for retest..
AUD/USD easy short setupConfluences:
Simple break and retest in 4H chart.
wait for it to break with a 4H candle close, place a sell limit at the bottom of resistance (previous support) and wait
Let's get this bread!
Also it will re-enter the bearish price channel
bearish top down analysis According to sessional tendency EURUSD is bearish but Cot graph show the commercial increase their long and price action show the strong bullish move .but on1.21500 have FVG and fresh Bearish order block is strong level to looking sell . But i like to see price will go to in consolidation then watching total soap..
best of luck any quarries you may ask ..also check my previous analysis
bullish top down analysis we have 3 poi so entry will lower time frame with any PA .. good luck
my previous analysis fail so looking for buying because of no PA
