CHZUSDT Weekly S/R| Rising Channel| Price Action| Trend Today’s analysis – CHZUSDT – trading at a key resistance where a pull back to support is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Low Volume
- .618 Fibonacci
CHZUSDT’s immediate price action is impulsive, a correction to the Daily S/R which is in confluence with the .618 Fibonacci allows for a bullish bias.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
The Daily level is critical to hold, this will maintain the bullish trend for the immediate short term.
Overall, in my opinion, CHZUSDT 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,
“You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
Long-short
FLOKI Price Action Range| Declining Volume| Trend| Accumulation Evening Traders,
Today’s analysis – FLOKI – trading in a price action range before another potential expansion,
Points to consider,
- Price Action impulsive
- Rotational Period
- Accumulation
- Declining Volume
FLOKI’s immediate price action is rotational, hinting towards a possible accumulation phase allowing for a bullish bias.
The current volume profile is declining; an influx is highly imminent when an expansion occurs.
This period can remain rotational for an extended time, thus the define price action range is the boundary.
Overall, in my opinion, FLOKI is a valid long with defined risk, price action is to be used upom discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
‘’No one strategy is correct all the time’’.- John Paulson
GALABTC Descending Channel| Bullish OB| .618 FIB| Trend Evening Traders,
Today’s analysis – GALABTC- trading is a clear descending channel structure where a break would be considered bullish,
Points to consider,
- Price Action Corrective
- Descending Channel Resistance
- Bullish OB Support
- Daily S/R Objective
- Single Print Fill
GALABTC’s immediate price action is corrective in a descending structure, s change in the trend directional will allow for a long entry.
The bullish OB Support in in confluence with the .618 FIB and the Single Print fill, and area where a bounce is probable.
The current objective is the Daily S/R, exceeding the level increases the probability of a trend continuation.
Overall, in my opinion, GALABTC 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,
“Hope is bogus emotion that only costs you money.” – Jim Cramer
EURGBP long - Supply Demand, LiquidityThe price from EG should go very soon to the upside but we have a chance that it will drop lower first.
Not sure what will occur and therefore there is currently no trade opportunity but very soon the price will decide for one direction and we can rock than the market.
What do you think?
EURUSD long - Supply Demand, LiquidityPrice should go up. The price dropped in the daily Demand Zone. We can see how price already created liquidity which can be targeted in order to bring the price to the upside.
I expect that the price will just accumulate some more positions and then to push up higher.
What do you think?
GBPUSD long or short - Supply Demand, LiquidityOn GU I see that the price is currently in a high liquidity level. Therefore the price should go up. The thing is that the price is still in a bearish environment which mean that we would like to see the price going up higher before the bullish move can be confirmed. I will wait afterwards for a correction and I will look for a long trade.
If the price will just drop lower I will look for short opportunity, but more then likely I might still look then later to catch a long trade because price needs a correction.
What do you think?
LTCUSDT Pitchfork| Daily Levels| Price Action| Bull Trend Evening Traders,
Today’s analysis – LTCUSDT = rejection from a key technical area and is retracing back towards support, holding this level is critical,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
( .618 Fibonacci Confluence)
- Volume Influx
LTCUSDT’s immediate price action is trading towards a key weekly support that has technical confluence with the .618 Fibonacci, Pitchfork Median and a Order Block, allowing for a bullish bias.
The immediate objective is the swing high and then the overall Weekly Resistances.
The volume profile has an influx, follow through is needed for sustained momentum to the upside.
Overall, in my opinion, LTCUSDT 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,
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse Livermore
BLOKUSDT Daily S/R| Price Action| Trend| Range Evening Traders,
Today’s analysis – BLOKUSDT – trading above a key Daily S/R level where a bullish retest of support is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
(.618 Fibonacci Confluenc)
- Volume Influx
BLOKUSDT’s immediate price action is trading above Daily S/R Support, holding this level on a retest allows for a bullish bias.
The level has technical confluence with the .618 Fibonacci, allowing for a bullish bias.
The current volume profile has an influx, follow through is necessary for continuation.
Overall, in my opinion, BLOKUSDT 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,
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse Livermore
USDJPY short - Fake Out, Liquidity, SetupWell USDJPY is super clear to me. We are at an very interesting level on the weekly tf and that means for us big liquidity. What the market did it is super interesting. It took the liquidity below the Support Level and the Liquidity from the Trend Line. Price should now drop like crazy very soon. At least we have a very high chance.
What do you think?
XAUUSD🤑 Retest support 1825$📈XAU / USD quotes continue to move within the growth and bullish channel. At the time of the publication of the forecast, the price of GOLD is 1856 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1825 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1925.
HAve a nice trade!
KDAUSDT| Key Levels| Price Action Range| Trend| Volume Evening Traders,
Today’s analysis – KDAUSDT- trading in an established uptrend with strong momentum,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Price Action Ranges
- Volume Influxes
KDAUSDT’s immediate price action is trading with a bullish structure with string expansions, allowing for a bullish bias.
The Daily S/R support levels tend to have ranges, allowing for consolidations before stron bullish expansions.
The current volume profile has an influx, climatic node will be indicative of a temporary top, this is yet to be seen.
Overall, in my opinion, KDAUSDT is a valid long after some consolidation, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you can’t take a small loss, sooner or later you will take the mother of all losses.” – Ed Seykota
EURGBP long or short - Liquidity, Supply DemandPrice on this chart will more the likely push up higher into the Supply Zone because the price collected a tone of liquidity from the downside. The target should be the Supply Zone.
Possibility is that the price will go lower to tap into the Demand Zone before pushing up higher.
What do you think?
EURUSD long or short - Supply Demand, LiquidityFor the EURUSD I see it very similar to my GBPUSD Analysis.
Price can go up higher for a correction or it will just drop straight down. Overall we have bearish structure but price likes to always grab some liquidity before starting with the real move
What do you think?
GBPUSD❗Long 1.3611💵GBP / USD four-hour chart. The currency pair is holding above the four-hour sub-trend line. As a priority, we still consider the scenario with the growth of the currency pair in the direction of the daily supertrend line. A breakdown of this line will open the way for buyers to the main support / resistance level 1.3672.
Trading solutions: buy 1.3550 take profit 1.3611
Have a nice trade!
LTCUSDT Pitchfork| Weekly S/R| Price Action| Trend| Trade Evening Traders,
Today’s analysis – LTCUSDT – trading is a respected pitvhfork where a pull back into daily or weekly support is likely, allowing for a bullish bias,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
- Pitchfork Internal Resistance
- Low Volume
- Trend
LTCUSDT’s immediate price action is impulsive; a pull back into support area will greatly increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when testing a key trade location.
Breaking the upside weekly S/R will increase the probability of a trend continuation.
Overall, in my opinion, LTCUSDT 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,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
SOLUSD Pullback Correction?| Price Action| Trend| Trade Evening Traders,
Today’s analysis – SOLUSD – trading in a rising channel where a breakout will be imminent,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- .618 Fibonacci Objective
- Low Volume
SOLUSD’s immediate price action is impulsive and is trading in a rising channel that is deemed to break, breaking downside to support levels allows for a bullish bias.
The current Daily S/R is resistance, breaking the level will invalidate to idea, leading onto a more bullish scenario.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, SOLUSD is a valid long at support levels with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“In order to succeed, you first have to be willing to experience failure.”
― Yvan Byeajee,
Trading Ideas for 10/11/2021Hi there there are some ideas that I have.
---Disclaimer---
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
XRPUSD❗ Resistance 1.30💲Take advantage of the rise in XRP / USD quotes, a test of the support line will be performed on the relative strength index (RSI). The second signal in favor of the growth of quotes is the activation of a rebound from the upper border of the bearish channel. Cancellation of the option to raise the cryptocurrency will fall and the closing of quotations below the level of 0.9605. This will indicate a breakdown of the support area and a continued fall in XRP / USD to the area below the level of 0.8005. Confirmation of the rise in the rate of the digital standard of the language support of the resistance and the closing of prices above the level of 1.3505.
Follow our forecasts to keep abreast of developments!
Have a nice trade!
Your Solldy.