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Makemoney

USOIL Will drop to 41.15 then Will move to 46.92Dear Traders As I mentioned before about the analysis of Oil. In this moment we are in Wave 5 of total movement. Wave 5 includes 5 waves which are 1,2,3,4, and 5. Wave 1 in wave 5 started on July 30th 2020 15:00 GMT and this wave finished on August 5th 2020 16 GMT. After that wave 2 started which is a regular flat wave. The wave C of the second wave will finish at rate: 41.15. Because of spread I will take the range between 41.25 and because of shadow to 41.05. The low and high frequencies of market still need time to get together in one point so probably today or tomorrow market will reach to our point and from tomorrow up trend will start. Summary: The range of buy limit: 41.25 ~ 41.05 I will set 3 buy limits with the volume of 0.02 for each with $1000 equity. Take Profit 1: 46.92 but because wave 3 also includes 5 waves we can have our first TP at rate: 43.36 then market will back to 42.00 then you can have new position at this rate and TP2: 45.56. After that you need to wait for 44.71 and take the other position and set the TP3 At rate: 46.92. After TP3 wait until wave 4 finished which is at rate 45.60. I will update you in future for the structure of waves.
TVC:USOILLong
by FireXForex
2
EURJPY Bulls Running well, Update on Previous PostEURJPY Bullish Overview. t.me/BigBellyShark My previous post showed the weekly chart of EJ and how the zones highlighted will be good zones to look for buys on this pair. EJ approached the zones shown on the previous charts and we got the reaction we were looking for. 119.400 Key Support zone which we saw a huge impulse of buyers step into the market. $$$ on Hour 4 Price Broke Previous LTF market structure, resulting in a series of HHs and HLs $$$ Price previously broke HTF market structure and is forming a new Higher Low. Looking at bullish targets it is key to understand that with our targets we need to be aware that there are more zones set above the zones we can see on hourly/H4 which price can easily reach over the next quarter. What to look for next on EURJPY We need a break above 122.150, once this occurs we will go down to a lower time frame and identify LTF entries. with Target Profits set at 124.400. (200+ Pips) BIG UPDATES COMING TO OUR NEW TELEGRAM GROUP. Big Belly Shark Trading. t.me/BigBellyShark type this in google to gain access to our New Channel. Free Telegram Group With Top-Down Analysis on our favourite forex pairs.
Long
by Bennyshooli
AUSSIE DOLLAR FOR A SHORT? AUDUSDFOREXCOM:AUDUSD Note: (MARKET IS REACTIVE AND NOT PREDICIVE) From a daily perpective, price has clearly rejected the resistance zone and has created a historical double top. Price is also at a support zone and we can see a break in support Since market price moves in waves, the price can break the support and retest the broken support before making a move to the target of 0.61764 (PLEASE HIT THE LIKE BUTTON AND COMMENT WHAT YOU HAVE IN MIND TO SUPPORT ) With this 200 pips can be caught. Also we see there are two uptrend lines which acts as a support, one has been broken, with a few candles the other will be broken. If this happens we can confirm with the strategy used to initiate a short position Entries will be initiated using one hour or four hour timeframe. (PLEASE HIT THE LIKE BUTTON AND COMMENT WHAT YOU HAVE IN MIND TO SUPPORT )
Short
by Kelachi
SP500 SELL ON STRENGTH !!! Good Day Traders! Congrats to those who made money following our calls! 💰💰💰 Simply following us and we will get you guys our latest updates FOR FREE! Go to the link below & hit the " FOLLOW " button right now ! 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com LATEST UPDATE ON SP500: "Stay committed to your decisions, but stay flexible in your approach" We hit our stop yesterday BUT we still stick to our decision of SHORTING SP500. Long term trend is still DOWN. SP500 is currently having hard time with the resistance near level 2500. We are taking this opportunity to SHORT. Do set your CL tight as the market will be very VOLATILE these day. Investors are now betting that US lawmakers will back a reported $2 trillion stimulus bill to combat economic fallout from the Covid-19 pandemic. BUT if they failed to secure the stimulus package, US market will be having another BIG fall down!!! The risk reward is GREAT! Stay with us by hitting like and share!! We will keep you update our latest FREE setup!! Follow us Rule_no1 : "All the hard work, all the sacrifices and all the sleepless nights will pay off" 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com Happy Trading :) DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
FOREXCOM:SPX500Short
by Rule_no1
BITCOIN - CAN I MAKE $6,500 IN 6 MONTHS?Yes, you can make $6,500 as profit from BTC. HOW?! Everybody are waiting the next halving 2020 for selling their Bitcoins above $20k, $50k or $1 million.. whatever the price will be. I see $15k is totally fair price for the next halving 2020, as a new support level for next 3 years. The demand will be increasing, for sure we can't expect what will happen exactly, but we're trying to collect profit from lowest price. Most of traders and investors are hesitating, no... don't buy, wait the price will down again, no wait, wait... and what?! You missed the opportunity. ( Fortune favours the bold ) . Let's say, you have enough money to buy 1 BTC and don't sure what the price will be. Don't hesitate, set a buy order at $8,500 then set a sell order at $15k. Wait ~ 6 months from now ( ~ $1k per month as profit ). Be bold and don't panic. Once the order confirmed, congrats.. you made $6,500 as profit. What can I do, if I see the price goes below $8,500?! Don't worry, if you have extra money, buy more. You must have the feel of worry and see the price in lowest low. That's the price you pay in crypto market. Eventually, the price will uptrend to $15k. NEXT UPTREND $15K FOR BTC/USD SET BUY ORDERS ONE BY ONE TO $6K TO BE IN SAFE MODE BE BOLD AND DON'T PANIC DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
BITFINEX:BTCUSDLong
by b4sk
4
Bitcoin - How to make a living with cryptoIn programming, there is a term abbreviated IFTTT (If this then that), Technical Analysis is a lot like that. My Analysis simply is reading the sentiment of buyers and sellers and interpreting it for you with an "If This Then Than" approach. Looking at the 1D timeframe we can see that price has arrived at the thick black line which means support in my charts (the thicker the line the stronger the support) If this support holds then BTC may rally up, but the most likely scenario is a meltdown to that middle green X which is becoming a great Buy Zone. However, the dark green X below it is my Optimal buy zone, why? Simply because it has support, it will be a the bottom of a trendline, it is right at the 200MA on the 3D timeframe, and exactly the 61.8 retracement of the entire 2019 move. If Bitcoin makes it there, then I will load up on premium alts to make most of my money for the year. That will be a low-risk high reward set up. I will then hold onto those alts until they double in price and then some. My style is not to chase every trade set up, my style is to find extremely low-risk high reward setups. That is how you can make $100,000 in one year without giving it back in the next few weeks. Patience and discipline will land you the big fish 2 to 3 times a year. I previously bought BNB, LTC, NEO and ETH in January of this year and dumped them in June, that made me a lot of money, now I'm waiting for the next big bottom and plan to ride it until those alts and others make me another pile of money. What makes it so reliable? BTC wants to be near a certain moving average in a particular timeframe, when I see that set up I put a moderate pile of cash into Alts and ride the wave. Below is my long term road map. In closing (IFTTT) comes to mind again, so if you want to make a living trading, then you need to choose a trading style that is less monopolizing of your time and more profitable. If you are not disciplined then you will lose your money. NOW, THE LEGEND; So my charts are easier to understand I'm creating a legend, so here we go. Support trendlines are green Resistance trendlines are Red Horizontal support lines are Black the thicker the stronger the support 50 Moving Average is yellow 200 Moving Average is Black THE TREND: Going down still. THE OUTLOOK: Unsafe to buy BTC but safe to buy top 10 marketcap alts as they dip further. Be safe and follow me to make money and stay ahead of the curve.
Long
by cryptoGats
16