Long-short
FTM USDT - LONG SHORT analysis Flag patternmy first trend analysis on FTMUSDT
we can see flag pattern on 1H time frame
now we should wait to see what happened.
Intra-day Trades In am looking for Today on EURUSDHey friends, hope you're doing great! Long then short 😜 EURUSD
Intra-day levels indicated on chart..
Thx
Long then short...
ETH shortI believe we will be going to 3300 this next week and then back down to get support at 3050 then back up to 3500 or 3600 and then a bit of a bear market pattern right now, I'm just not trusting the inflation rates with the cost of living going up and war going on. This is a set up for a world wide great depression. Demand for everything is up and supply is way down, Even lithium, Gold, Silver all low supply's, Foods, and manufacturing supply's. with the world support for Ukraine resources are over extended, Prices keep going up. Oil will sky rocket because emergency reserves like in the US 10 year supply is being fed to the market to lower gas prices, but in fact just caused an even grater supply demand as the 10 year supply must be replenished making oil demand bigger than it was if they just left it alone. We will see a slight rise and then markts drop over the summer. We all have to watch ETH2 come out in about September now to see what a No gas fee ETH will do to the market, I bet it starts it's move to outperform BTC 2x more than it is already and by 2026 takes it over becoming #1. Seat belts and antianxiety meds needed LOL. Good Luck to you all and remember Nothing I say or post is advice in any way and never invest or trade more than you can afford to lose.
Which candlestick color do you paint your XAU Easter Eggs?Looking for a BUY! in a short-term dip! YeeHa.
Looks like an upward wedge and a possible little buy-the-dip! if it breaks lower before continuing the trend upward.
Profits may be taken before the holiday weekend. Also looking for volatility on lessening volume.
INVEST IN AXSUSDT LONGI see that this currency will rise and will have reversal areas as follows 53 64 77
I recommend investing in it because the future is bullish
NZDJPY - Chart Analysis - StrategyAccording to chart analysis, it is possible that it will be a good bullish ride but a better strategy is to wait for trend continuation, so for that, we have possible two plans
Plan A: Short
we have a Rising Wedge which indicates a Reversal Pattern so the strategy is to enter 84.241 and TP at 82.062, SL is 84.883
Plan B: Long
we have a Bullish Pennant which indicates a Contuition Pattern so the strategy is to enter 86.962 and TP at 89.378, SL is 86.357
DOT potential Head & Shoulders play (risky)Trying a play on this potential head and shoulders play. But market must not fail now for this to be valid. Fingers crossed. Feel free to share disagreements or factors I'm missing. Or if you agree and can see it happen as well.
Upcoming trade ideas - bitcoinThis is looking like an impulse down - I'd like to see a little further down before a bit of a bounce and ultimately taking out the dnPOC at 35.5 and re-testing the 35k monthly. Thoughts?
DXY and Crypto affect I expect a retracement on the DXY , thus I expect crypto to have a small relief .
When DXY goes up it means that there is a sell off in assets , stocks and crypto as people cash out . Vice Versa.
If DXY keeps increasing we might see more sell off in the next couple of days , but in my opinion I see that DXY will have a small retracement as mentioned before .
DXY has still some strong resistances to break through . The last ATH was in 1985 around 165.
Channel Trading On Luna 11/04/2022Channel Trading consist of price fluctuating between two parallel lines which forms the channel.
We look to buy when price is bouncing off the trendline connecting the Hl and look to sell when on the upper trendline connecting the HH
I wont speak too much on Channel Trading but if so please drop a comment.
We have the bearish set ups on the left side of the screen with the bullish set ups on the right side.
The green bubbles produced long entries whereas the purple bubbles produced short signals.
BINANCE:LUNAUSDT
SP500 - Make or Break - Will Be Resolved SoonThere is a confluence of forces at play here.....
This can go either way. Trading comes down to adapting to the environment you are working in.
This is my trigger point,
MATIC Potential Double BottomThe red line in my price vs whale money flow is the rsi, we still have some room left for the downside. I’m expecting us to bounce from that trendline @ $1.33. If that plays out, TP: $1.70 - $2.00
$BLNK - Reclaimed Support, Caught at DemandFairly beat down ticker, miraculously reclaimed the demand zone before going for the retest.
Can trade the bounce given that it occurs, otherwise this ticker is a prime short candidate.
MY future view TWITTER STOCK 2022According to my analysis and equations that I conducted on the Twitter stock, this is my future vision that it will rise to 64 and will be reversed to 30 or 42.
FANG is not holding up.Happy Weekend Everyone.
I put together a custom FANG Plus index to track the overall strength of the popular large cap growth stocks as these stocks have been the most widely held stocks for the past several years. This particular chart is a weekly candle chart using Fibonacci retracement levels taking the previous low from the past calendar year to the last high. As you can see the index retraced 100% of the previous 1 year move and then rallied back to the 50% retracement level. However that 50% retracement level proved to be hard resistance as we can see on the chart. Moreover, the last three weekly candles completed a bearish evening star pattern and the closing weekly candle is a bearish engulphing. While the two patterns are not text book perfect, the main tenets are in place IMO. Also bearish is that the basket of stocks could not hold the 30 Week EMA. RSI seems to confirm this negative setup. The RSI did get into positive territory during the rally from the low, but it failed to hold and fell back into the bearish regime. If the downtrend continues the 78% retracement level could offer support. Seasonality says that stocks should do well for April. It doesn't say that all stocks should do well. Time will tell. Anyway I found this interesting.
Good luck to all.
NASDAQ:AMZN
NASDAQ:AAPL
NASDAQ:GOOG
NASDAQ:FB
NASDAQ:NVDA
NASDAQ:ADBE
NASDAQ:MSFT
NASDAQ:NFLX
NASDAQ:TSLA
On another note, I have Carolyn Boroden's book on Fibonacci Trading but I find it lacking. If anyone has a good book recommendation on Fibonacci please leave it in the comments below. Thank you!
DJI: Get ready - probable trend change for the southSee the video. No more hear on the video. I'll just share my opinions, which is not advice.
The DJI proves me more wrong more times than I am right. So what?
The issue is about limiting how wrong I am - not how many times I am wrong.
New traders - and I was one - struggle to get that idea right. Why? Because in ordinary life one is praised for performance by how many times you're good.
Well in trading it's very different. You can be wrong far more times than you are right, and it wouldn't matter. How is that?
It's because you limited carefully your loss on the many occasions your were wrong, and you really milked it when on the occasions you were very right. In the end a sound trader in any methodology will find that profitable.
Methodologies don’t work 'for you' - get it right; you work the methodology. That means a high level of discipline - which normally comes after much pain and loss. I never avoid talking about losses, because it is 'the most important thing' to control.
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.
ETH 1H AnalysisETH is similar to BTC if we break our trend due to this pennant to the upside I could see us back to $3500+ or we could come back down to $3000 from which I'm still bullish long term from $3000. Bullish or Bearish depends on this 30 min pennant.
pattern trianglewhat will happen, option 1 or 2, i think that we will see 123.89, and then will going down until 119.5-120.1
lets see!!
$NVDA**$NVDA** off the 4hr chart we are looking like another super banger. I will look to take position here after we pop in the am sometime 264.84... So if you have DT capabilities you can start with a quick scalp from the current position and grab this 4-5pt move. Then grab the some short action into a possible swing for one of those high percentage performers! Target 248 and then possible runners at 240 and 230.
LONG TO SHORT OR JUST WAIT FOR THE SHORT
audusd buyaudusd just retested .618 retracement also bounced off trendline. audusd is looking to continue uptrend
my BTC short n long positionsi still think that we're in the SOS (sign of strength) phase of the Wyckoff pattern. While it is choppy, the price action bounces off these trend lines. The green lines are points where i'll be taking long positions and the red lines are for short positions. Respective SL are set and demonstrated via the blue lines.
Growth vs Value. Technology vs Energy.While these two charts aren't the same, they are very similar. The top chart is a ratio chart of ARKK vs Berk.B. The bottom chart is a ratio chart of Tech vs Energy. If the top chart is any indication of the overall trend, then there's plenty of upside in energy still. The downside of ARKK vs BERK.B overshot the minimum downside target. This is a logical area for a bounce. The Tech vs Energy ratio looks to have a ways to go still. These rounded tops are very dependable reversal patterns. Keep your eye open for broken support lines when watching these rounded tops play out.
