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Time to make a moveFor a while whe're forming a big pennant formation. BTC build a good looking support, but lost it. Then BTC formed a big, perfect range (nearly a 10% range), wich is a dream for traders. But the pressure of the triangle seems to take the upperhand now. So now BTC is almost at the top of this pattern and has to decide we make a move up or down. If we break and lose the pennant and channel, this can be a nice short. But if we break and gain it, I wil add my postion and go long. I am curious for the next move. Just be patient and good luck
by YoshiUp
4
ZILUSDT Range High| VAH| .618 Fibonacci| Trend Evening Traders, Today’s analysis – ZILUSDT- trading above its range high with the probability of continuing the trend, Points to consider,. - Price Action Corrective - Daily S/R Resistance - VAH Support - .618 Fibonacci Support ZILUSDT’s immediate price action is corrective and is trading at a key trade location – the range high support -that high technical confluence with the VAH and the .618 Fibonacci, allowing for a bullish bias. The immediate objective is the Daily S/R Resistance, exceeding this level will lead to a trend continuation. Overall, ZILUSDT is a valid long with defined risk; price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work! And remember, “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you‘re wrong.” -George Soros
Long
by The_Alchemist_Trader_
2
SOLUSD|Monthly S/R| POC| Swing Low| .618 Fibonacci Evening Traders, Todays analysis – SOLUSDT – trading in a descending channel where a where a continuation is probable, Points to consider, - Price Action Corrective - POC Resistance - Monthly S/R Support - Low Volume SWOLUSDT’s immediate price action is trading in a local down trend, a bounce from the current POC is possible before a larger correction towards the swing low. The low is in confluence with the channel support and the .+18 Fiboancci, increasing the probability of a bounce. The current volume profile is below average, an influx is needed for continued strength once the bounce solidifies. Overall, in my opinion, SOLUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Trading mastery is a state of complete acceptance of probability, not a state of fight it.” ― Yvan Byeajee
Long
by The_Alchemist_Trader_
1
AUDJPY channel-watchIt's a simple thing - this 6H channel. If you see it it's there (at this point in time). But life is not easy in trading - why are you here? Channels can change their shape. Sometimes they turn into wedges of various types. Price does not 'obey' the channel. We don't really know for sure why these things happen. The channel represents probabilities of price movement. I used to become overly involved with price itself many years ago. That was a mistake. On a 6H channel, there is a lot happening to price within each of the candles. It is important to evaluate the price action within a group of big candles - from lower time frames e.g. 5 to 15 min - to see the momentum and volatility in there. That means you're not just throwing money at it - like dice in a casino. You make your best estimate of direction. Calculate your acceptable loss (aka stop-loss) based on position size, ATR, time momentum, price momentum - and if it is mathematically workable then you enter a trade. LOSS - the most important thing to control. It's the only thing you have control of . Respect the loss. 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.
by Captain_Walker
AUDUSD super refined zones markup!!AUDUSD really loves to trend nicely and we are still seeing bearish signs so im mainly focused on sells but remember buys are still on the table for counter trades. As you can see i tried my best to explain it with Visualization. Now i will be going true confirmations because we really need that for refined zones like this. first when we enter we need to see a wick sweep into these zones and after a 1 min choch and then if you have 15/ 5 seconds then look there for more break of structure if you dont know about smart money concept yet watch videos from Magicfx on YouTube. this is no financial advice!
by hgfj55
AVAXUSDT Bearish OB| Single Print| Price Action| Trend Evening Traders, Today’s analysis – AVAXUSDT – trading under a very key order block where a continuation towards the downside is possible, Points to consider, - Price Action Impulsive - Bearish OB Resistance - Single Print Fill - Low Volume AVAXUSDT’s immediate price action is trading under a key resistance area where a rejection is likely to have follow through, The Bearish OB has failed to break with any conviction, this will lead to a further bearish expansion. The immediate objective is the lower support levels, holding these regions is critical for a bounce back up. Overall, in my opinion, AVAXUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your butt.” – Paul Tudor Jones
Short
by The_Alchemist_Trader_
Price Action Ranges| Range High/Low| Deviations In this segment we will discuss the concept behind Price Action Ranges; they are periods of oscillation in the market where supply and demand is balanced. Once this occurs, there is a high probability of a price expansion out of the range. The basic concepts in price action ranges are the following: - Range High Resistance - Range Low Support - Range –Mid - Deviations Range High Resistance - This is an area on the chart where resistance is present, price action tests this area before reversing back down Range Low Support - This is an area on the chart where support is present, price action visits this area for a test before reversing back up Deviations - Deviations occur out of the region to generate liquidity, it is designed to trap trader before reversing in the opposite direction.
Education
by The_Alchemist_Trader_
ZILUSDT Daily S/R| Swing Low| Price Action| Trend Evening Traders, Today’s analysis – ZILUSDT- trading in a strong corrective piece of price action, creating a range here at current levels can signal a potential bottom, Points to consider, - Price Action Corrective - Daily S/R Support - PSFP areas - Daily S/R Resistance Objective ZILUSDT’s immediate price action is corrective and is trading towards a daily level that has key previous swing lows, swing failing these lows will be a bullish sign. The price action can range between the Bearish OB and the Daily S/R Support until the next significant expansion. The immediate objective is the Daily S/R Resistance, this level current remains untapped. Overall, in my opinion, ZILUSDT is a valid long with defined risk, price action is to be used upon discretion/management. Hope this analysis helps Thank you for following my work And remember, “Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your butt.” – Paul Tudor Jones
Long
by The_Alchemist_Trader_
SXP 500 index: Will there be stabilization by 4030 today?Today we are here to talk about the SXP 500 index. Today: The index is trading at 3930. In the last trading session, we saw a new bottom of the market at 3858. Since there is no profit taking in the market for players, this tells me that the stop of this fall will be at the level of 3820 - 3740. What's on the market now: Globally, the index goes to the level of 38 20 - 37 40 What are we waiting for today: An attempt to stabilize the price to 40 35 and the entry of new players into the market, and then the continuation of the price movement to the level of 3820 - 37 40 What I recommend: If you want to go short: It is better to open short positions from the level of 40 35, limit your losses. If you want to buy: Long positions are possible below 3820 - 3740, limit your losses. If you outside the market: You can sell from 4050 or wait until the market bottoms around 3820-3740. If you want to ask a question about an idea: If you would like more information, please contact me in the comments below. Also take a look at my profile for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice. Like and subscribe, thanks! See you next time.
SP:SPXLong
by kvatoo_FX
6
What I am looking to see for NASDAQ, Wed 5/11/2022We had a both way stop hunt yesterday and the price is actually ranging between the 2 lines. I am more likely looking to BUY when I see this on chart : will buy in case of a 4H candle close above the line, making a HH and will add with the retrace ( not risking more than I should, for sure ) SL : will be updated TP : next zone ( 12721 ) II) I will SELL in this case I will sell in case of a clear break below the zone with enough volume (*) and a clean retrace and break below the line making a LL. SL : will be updated TP : will be updated * : Only a strong bullish or bearish candle is accepted. CAUTION : Trading is a game of Patience. I don't trade in ranging days and only execute when market has already decided where to go. Please Like, Share and follow for more Ideas to come If you have any questions let me know in comments bellow Thanks for the support DISCLAIMER I am not a registered investment, legal or tax advisor or a broker/ dealer. All investment/ financial opinions expressed by me are from the personal research and my own experience and are intended as educational material.Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.
OANDA:NAS100USD
by AndrewMohValiyan
Expected Key Points Amazon 11 May 2022Amazon 11 May 2022 The current implied volatility is at 54.27%/year So that converted into daily is 3.42% The yesterday close price was on 2177 So based on that our TOP 2250 BOT 2100 This channel has a 80.5% change to sustain based on the last 3006 candles At the same time with 89% we can affirm that the price is going to be above TOP 2185 BOT 2170 From fundamental point, today we have CPI release and this marks a huge volatility moment From volume point, current POC is around 2170 We can expect now with close to 70% that the market is going to end up between TOP 2185 - 2250 BOT 2100 - 2170
NASDAQ:AMZN
by exlux
Expected Key Points Apple 11 May 2022Apple 11 May 2022 The current implied volatility is at 40.54%/year So that converted into daily is 2.55% The yesterday close price was on 154.5 So based on that our TOP 158,5 BOT 150,5 This channel has a 79% change to sustain based on the last 3006 candles At the same time with 89% we can affirm that the price is going to be above TOP 154.9 BOT 154.1 From fundamental point, today we have CPI release and this marks a huge volatility moment From volume point, current POC is around 154.37 We can expect now with close to 70% that the market is going to end up between TOP 154.9 - 158.5 BOT 150.5 - 154.1
NASDAQ:AAPL
by exlux
Expected Key Points NDX/NQ 11 May 2022NQ/ NDX 11 May 2022 The current implied volatility is at 41.43%/year So that converted into daily is 2.62% The opening price was on 12320 So based on that our TOP 12650 BOT 12000 This channel has a 80% change to sustain based on the last 5394 candles At the same time with 88% we can affirm that the price is going to be above TOP 12360 BOT 12300 From fundamental point, today we have CPI release and this marks a huge volatility moment From volume point, current POC is around 12410 We can expect now with close to 70% that the market is going to end up between TOP 12350 - 12650 BOT 12000 - 12300
CME_MINI:NQ1!
by exlux
Expected Key Points SPX/ES 11 May 2022SPX/ES 11 May 2022 The current implied volatility is at 32.11%/year So that converted into daily is 2.02% The opening price was on 3991 So based on that our TOP 4070 BOT 3910 This channel has a 87% change to sustain based on the last 1048 candles At the same time with 85% we can affirm that the price is going to be above TOP 4000 BOT 3980 From fundamental point, today we have CPI release and this marks a huge volatility moment From volume point, current POC is around 4000 We can expect now with close to 74% that the market is going to end up between TOP 4000 - 4071 BOT 3910 - 3982
CME_MINI:ES1!
by exlux
BTC GOING TO 20k???BTC came to 29.2k and bounced very well from it as expected. Homever when some coin is reaching support or resistance it should be loosing momentum,but btc is gainging momentume and thats what scares the most. BTC depends on multiple thing, one of most important things is annoucment that will take place tomorrow and its update on how goverment is fighting inflation. If inflation is decreasing or slowing down, then btc might be at lowest point now. But if not, all markets(stocks,crypto..) will drop fast. If we break current support ( about 29k), I will be shorting some altcoins or maybe even bitcoin first to 20k and then if it gets broken to 12k area. So basically tomorrows update matters much. Btc is currently in demand zone and if it gets broken we will see dump. This is not financial advice, I am just sharing my opinion.
by UnknownUnicorn26826311
1
AUDUSD Key HTF Levels|Single Print|.618 Fibonacci|Price ActionEvening Traders, Today’s analysis – AUDUSD – trading at a key location with bearish price action, Points to consider, - Price Action Corrective - Sing Print Fill - Weekly S/R Support - Low Volume Price Action is currently correction, trading at a key location where an impulsive break will lead to a the single print fill. The weekly support is has strong confluence with the .618 Fibonacci, respecting this region will lead to an intraday price action bounce. The current volume has climaxed, an increase in volume is needed at lower levels to indicative demand. Overall, AUDUSD is a valid long with defined risk, price action is to be used upon discretion/management. Hope this analysis helps Thank you for following my work And remember, “All statistics have outliers. Money management, therefore, is key to the process of good trading.” ― Yvan Byeajee
Long
by The_Alchemist_Trader_