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.
Highprobability
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!
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 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 according to sessional tendency February is bullish for the AUD. COT report and graph show the Commercial are silently increase their longs and close their short .. price action show the bullishness of Audusd because of high demand on institutional level (daily ob ).. best of luck check my previous analysis