Get started

Keylevels

Retest of Wedge Before ContinuationWe are sitting on a daily SR….which means whatever direction it chooses, it's definitely gonna keep going to the next key level. We haven't retested the break of the bottom part of the wedge yet, so there's a good chance that's happening this week. I'm trading this to the next daily SR. Just gonna ride with the market to see will it respect this bearish trend it's still on. BEAR TPS: • 1.09886 • 1.09458 BULL TPS: • 1.10687 • 1.11050 • 1.11453 • 1.11783
by NikaJourney
One Last Up Before A Huge Drop DownThis is a bearish flag with multiple confirmations that price is a wee bit too high and got to come down according to the higher timeframes. So I am patiently waiting for its cue. As you can see, this is the current wedge price is in. I would look for it to try 1578.92 for one more uptick before taking the nosedive south. So I will only have two TPs in place for the bull. I am waiting for it to make a return to the monthly SR 1537.30 to make another attempt for the short. BULL TPS: • 1578.92 • 1595.99 BEAR TPS: • 1563.75 • 1550.55 • 1540.49
FX:XAUUSD
by NikaJourney
1
Bullish Flag Almost Complete This is a flag formation that's not complete yet. I decided to check the lower timeframes to see how price may respond to the daily level below. So far, I like the chances of it continuing to be bullish. Of course, I have TPs in place just in case it won't pop off like I'm looking for. Whatever man. As long as I can trade from a good setup, I have no issues where the market wants to move. Here ya go: BULL TPS: (from the SR level 1.71066) • 1.71800 • 1.72316 • 1.72902 Even though I have a bigger aim, let's look at these TPs for now. BEAR TPS: • 1.71066 • 1.70611 • 1.70068 • 1.69680
Long
by NikaJourney
2
Getting Ready to Go BullishDrew some trendlines out from the daily to see where the overall move is. And I see that price has broken the bearish trendline and may currently test that or the daily SR below before shooting back up. Another confirmation was also formed at the 1 hour. There, a bullish harmonic has appeared where price has stopped on Friday. So we're waiting for that to complete to begin the uptick as well. So here are the TPs from the current location: BULL TPS: 109.923 109.658 109.921 110.287 110.889 BEAR TPS: 109.002 108.481 108.235 107.917
Long
by NikaJourney
1
SPX-500: Waiting for reversal daytrade signalIn the H1 chart, we can see that the price is in a very strong bullish momentum, Since the price is in records I preferred to wait for a reversal opportunity. If the price will break down the confirmation zone it will be the signal for the reversal opportunity. If that happened I'll look for a price action setup to sell SPX500 as an intraday trade. The first target will demand level - 1 and the final target will be demand level - 2.
SP:SPXShort
by the5erstrading