NZDUSD Best Setup Time to divorce GOLD 1 Structure 1/2 : bullish to sideways down
2 imbalances :target marked
3 Current Move 3: impulse
4 Entry TF : D1
4.1 ETF Structure: Bearish
4.2 move : Correction CIP
5 CIP
6 FIB: strong rejection at 50 almost done
7 candle Pattern: Up Momentum but not able to break resistance
8 Chart Pattern: Falling wedge REsistence
9 Volume : Very high on reversal
10 Momentum: Bearish to side ways
11 Volatility : Somewhere bullish
12 strength: curve bearish in bearish
13 Sentiment : weakest in commodities driven
14 Final conclusion: for refine your entry you also need to switch your tf in d1 to h4
15 Buy /Sell/Wait : Sell
16 Entry: 0.6225
17 Sl: 0.6255
18 Tp: 0.5856
19 Risk to reward Ratio: 1:17
Excepted Duration : 15days
Major
there is still a possibility for cad to strengthenwith the compression on the sellers and the inability of the buyers to continue rising, there is a possibility that the CAD will strengthen significantly. Judging from the smaller timeframe, the price structure forms HL continuously and there is already an OB in the demand area. the best opportunity is to wait in the supply area (qmm) and can BUY if there is a rejection in the demand area.
EURUSD Longs (H4)Higher low channel formation on EU, quite a nice hold at support and bull momentum swing upwards. Looking to target previous highs as first TP, going further to 1.1220 area potentially.
Overall, on weeklies we still maintain a bearish bias, as price is trending downwards without a clear reversal pattern indicated as of yet.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
NZDUSD Longs (Bullish Intraday H1)Second retest of support and a sharp volatile rejection, holding the area with increased bullish momentum. Targeting the previous highs for R of around 1.5/2. Could retain small lot positions to go further to create a higher high on H4 TF.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Terra (LUNA) Sell ZoneTerra (LUNA) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Neutral
Risk : High
On 4 hours timeframe its formed the bearish pattern where it hits the mid-term resistance zone at $97 which shows the possible reversal zone.
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$LUNA/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 92.25 - 96
TP 1 : 89.25
TP 2 : 86.5
TP 3 : 84.5
TP 4 : 82.2
TP 5 : 79.9
TP 6 : 76.6
TP 7 : 74.7
TP 8 : 72.5
Stop Loss : 103.75
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Well That Went Well...Good day mates! So in this small segment I would like to highlight this swing trade I called on USDCAD. First things first, I was NOT as patient of a trader back then as I am now, seriously! I would see a move and think "ahh man I gotta hop on this" but would be in such a haste that I would market enter and get wrecked or so scared I wouldn't even take the trade. Luckily I was able to get a lil boost of confidence from my good friend @palmer519 and, not only take the trade, but to call out my first winning signal. I was struggling between scalping and swinging so much that 80-90% of my trades would get blown out or wouldn't even be executed.
"Alright Big P we get it, you were scared to trade and now you're not. Why do you swing trade??" I'm glad you asked.
This ultimately allowed me to not have to be on the charts allllllllllll dayyyyyyyy!
I developed my skill (still developing) on swing trading by doing these 3 things:
1. ONLY taking disciplined trades *meaning I wouldn't go against my trading plan for no reason at all*
2. TRUSTING my analysis *if I'm open for the jumper, I'm shooting*
3. ACCEPTING the outcome *I know I won't win every trade but if I'm winning enough then we got something going*
So in conclusion gang, patience pays and confidence slays lol. I know most of us may encounter days when we are not confident in ourselves but remember these few things: You will lose, its a part of the game & don't ever rush into making a move because your patience is what will determine your outcome, or in this case, ya income ;)
Happy trading family <3
*DISCLAIMER* : I AM NOT A FINANCIAL ADVISOR NOR AM I AN INVESTMENT MANAGER SO DON'T THINK IM TELLING YOU WHEN TO BUY OR SELL, BECAUSE IM NOT. IM SIMPLY POSTING MY ANALYSIS AND GIVING YOU INSIGHT ON MY TRADE IDEAS. FOR MORE INFO PLEASE REFER TO THE LINK IN MY BIO!
Synthetix (SNX) Buy ZoneSynthetix (SNX) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
With a low of $4 zone Synthetix has just retested one of our deepest mid-term support zones at $4 zone where buyers prevented it from going any lower.
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$SNX/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 3.8 - 4.125
TP 1 : 4.25
TP 2 : 4.45
TP 3 : 4.65
TP 4 : 4.87
TP 5 : 5.1
TP 6 : 5.35
TP 7 : 5.7
TP 8 : 6.1
Stop Loss : 3.4
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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ChainLink (LINK) Buy ZoneChainLink (LINK) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
Overall Market Structure for ChainLink remains mid-term bullish and long-term bullish, and currently rejecting from the long-term support.
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$LINK/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 14.1 - 14.9
TP 1 : 15.3
TP 2 : 15.8
TP 3 : 16.55
TP 4 : 17.5
TP 5 : 18.6
TP 6 : 19.4
TP 7 : 20.7
TP 8 : 22.5
Stop Loss : 13.3
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Solana (SOL) Data Now Live on DuneSolana (SOL) has become a major platform in the crypto space, after going live in early 2020. The high-speed, high-throughput, proof of stake chain is well-known for its fast transactions, scalability, and affordable fees (and also its recent performance/technical issues which have also been quite serious).
The Solana DeFi, NFT & Metaverse ecosystem has been growing steadily since launch – attracting both end-users and application developers.
At Dune, they believe that the future is multi-chain. They also think that a multi-chain future requires robust multi-chain analytics to succeed. It’s their goal to make crypto data accessible and transparent, and to “empower anybody to become a skilled on-chain analyst.”
Aave Protocol (AAVE) Buy ZoneAave Protocol (AAVE) Buy Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish
Risk : Medium
After a 80% correction from it’s all time high, it's reached a short-tern support zone that will more than likely hold all the remaining bottom shorters in the market.
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$AAVE/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 139 - 146.5
TP 1 : 150.5
TP 2 : 156.5
TP 3 : 162.5
TP 4 : 168
TP 5 : 173
TP 6 : 180
TP 7 : 186
TP 8 : 198
Stop Loss : 129
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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