1 HR Divergence SetupEURAUD Divergence
Wait for Candle and Indicators to confirm trade
20:20 @ 5% Risk
Macdivergence
UBER Over Bought UBER is extremely overbought. Here is a breakdown of the technical indicators and my plan.
With an RSI of 91.04 for the last 14 two hour candles it's a given that UBER is madly overbought.
However, Bollinger bands have not crossed in a downward direction giving a sell signal, and the MACD shows some room to grow still. Unless the downward curve happens during the first two hours of Mondays open.
This stock remains on my watchlist and I will most likely be shorting once I get a sell signal on both the Bollinger Bands and MACD.
EURUSD 15 min break of wedgeseems like price broke below the wedge 15 min time frame i have a line indicating my entry horizontally. seems like macd is also indicating bearish cross from here.
LONG XTZ - well timed swing tradeif XTZ establishes itself above,2.15
look for it to retest prior resistance @ 2.40
& eventually retest prior POC (fair value) @ 2.79
will the dyx keep its up trend into the elections?price is stalling at the top of those moving averages but it may move down to test resistance at the line drawn lets see how price reacts to this channel. macd shows that even though theres a bearish cross, the price is still above the hull cross over. this may indicate continuation any thoughts?
GBPUSD continuation short?hulls look about ready to cross bearish the macd shows that the bounce hardly went over the macd histogram and its starting to look bearish. your thoughts? will it test the bottom levels before moving up?
CADJPY LongCanadian Japnese Yen
Same trading tactics
At the end of the month short term trades are much riskier.
Blue line TP1 and move SL to BE
CRV - Intro:
Launched in Jan 2020, Curve is a blockchain-based platform for exchanging Ether-based stablecoins safely and securely. Michael Egorov, the founder of the protocol, recently told DeFi Prime that Curve is “an exchange expressly designed for stablecoins and Bitcoin tokens on Ethereum.” - medium.com
Curve is one of the most interesting DeFi products to enter the space. With its groundbreaking approaches like the AMM algorithm to provide liquidity, and it’s successful avoidance of the impermanent loss problem, Curve is a project set for greater heights.
Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stable coins. The team behind Curve are far from newcomers: Its founder continues to work on NuCypher, an encryption protocol for smart contracts
Curve Finance began as one of the most efficient stable coin swapping protocols in DeFi. Now, with a governance token in the works, it has become one of the most popular projects in the space. Following the launch of various tokens like COMP, BAL, and YFI, DeFiers are eager to get their hands on Curve’s CRV token.
Above-average institutional (managed money) sized volume around .45-.55 so far. CURVE HAS FOUND A BID!! WOoAAAAH!!
DXY heading to test 92.99 will it holdMacd histogram is showing bullish momentum but will it break the level to the upside?
Oil prices consolidation after a slight recovery - Buy and HoldFundamental: U.S. crude oil inventories were seen falling last week, while distillate supply likely declined for a fourth week, a preliminary Reuters poll showed. Meanwhile, OPEC Cuts 2021 Oil Demand Forecast Again as Virus Cases Rise
World oil demand will rebound more slowly in 2021 than previously thought as coronavirus cases rise, OPEC said on Tuesday, adding to headwinds faced by the group and its allies in balancing the market.
Technical: The pandemic had a direct incident on oil prices, bringing the futures levels to a record negative value in March. After an ease on lockdowns, oil prices recovered and reached the institutional level of 40$ per barrel. Moreover, we experienced a ranging market within summer with prices bouncing between 36.00 and 44.00. Although we have an uncertainty due to the virus cases rise, the consolidation on the bullish market represents a bullish setup.
Beware of the strong resistance at 44.00.
Setup: Bought crude oil @41.00 with a target @50.00 and a stop @36.00 (2:1 risk reward ratio).
eur usd eur usd short term entrys and longterm(e4)
i can say if the usd get back in the pattern and fakees the break its a good buy position (macd divergence)
and for shortbterm and scalping i would say ceossing every classter can be a good entry for tiny profits
like follow and share if it was usefull
SQ SetupRSI and MACD Bearish Divergence
-Sold off once but keep an eye on levels if you're long
-If long need to watch for demand to increase or prices will pull back and kill premium.
AUDUSD Weakening2 weeks ago this pair broke the weekly resistance level (now support) my overall bias for this long term (for now atleast) is long, however, with the price action weakening more and more, and the pair approaching a daily level, i will be looking for confirmations of a short. MACD shows us weakening of the rally through each push higher across both the HISTO & the MA's - full divergence in play.
Near Trend Started On Neo, Going to correct itself then go upNEOUSDT Analysis
A few hours back crossover of Kijun (Red Line) and Tenken (Blue Line) which gave us a weak sell signal because the price was above the KUMO cloud and then price went into the KUMO cloud which means it is consolidating and another sign was shown when the crossover of cloud happened which has started Red cloud that also means the price is going down. There will be a Strong sell signal if price closes below the KUMO cloud and other signs are not reversed.
The main trendlines that I have plotted in this secondary trend are around 12.250 which is resistance and around 10.78 which is support. There is also one internal trendline that I plotted before which was support now price has penetrated support and support became the resistance. It will have to cross this internal resistance in order to go upward. There are also other resistances like the border of cloud and Redline.
I initiated a short position when price struck my resistance and now the target is major trendline support of the secondary trend which is around 10.8.
KMD BREAKOUT PLAY [FALLING WEDGE]Falling wedge, play the breakout ONLY. Measured move is 11k sats.
MACD diverging bullishly.
Stop: 500 sats
KL- Is it time to dance on a moving train of gold again?KL has been a stellar gold stock since 2016 and just acquired another mining operation for synergies yet to be seen. Some buy and hold and others ride the wavy train when it slogs up.
Gold is inflation resisting and volatility drives the train.
Gold 0707 Trading PlanInstead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/07/07
No plan, No trading
Entry reason:
Gold slowly grows today that broke the 1780 resistence line, and now stop around 1786.
Even I don't see any berish power today, I should be very careful to buy Gold at this current price.
Watch the 4 hour chart, MACD indicator. There's a hidden divergence may happen here, which indicates a hard drop in next few days. (Of course gold may gain strong buying power and hit a new high).
In terms of wave analysis, as long as Gold price not cross 1788, correction wave A-B-C pattern is still valid. 1778 is the wedging point of bullish and berish. Drop below 1778 will confirm a start of wave-C.
So here's my plan:
buy stop at 1790, TP 1795 1800. with $3 SL
Short at 1786, SL 1790. TP 1777, 1750
Add more short at 1776, SL 1785, TP 1750
