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AMAZONThese are levels that I'll be keeping an eye on when dealing with AMZN, and I'll revise as price action progresses. I adapt to the change in money flow. Fundamentals: "Monday marked the first trading day following Amazon’s (AMZN) 20-for-1 stock split that the company announced on March 9. Amazon shares were revalued to $120 per share, after trading well above $2000 per share prior to the stock split." I'm projecting price to get around the $60 price point sometime in the near future.
NASDAQ:AMZN
by ChrisJTradesFX
2
BTC Pump Incoming?!?!With recent news of SEC telling Coinbase to halt ALT coin trading except BTC im thinking a BTC dominated pump is incoming as recent news lines up perfectly with BTC daily chart aswell as BTC Dom chart We can see that BTC Dom HTF's Daily and weekly are faily bottomed and look ready for a move up. While at the same time BTC daily chart is bottomed aswell and been stretching this range out which the timing of CB vs SEC couldnt of come at a more perfect time.. coincidence ? maybe or maybe not ;) hint hint.... (Phycology and reverse phycology are just as important as TA) - 1st key area to look for as BTC potential pump incoming 0.5 FIB ATH to Nov low + bottom on MS 32,675 - 32,990 - 2nd area to watch for Daily swing june 15-july 13 1st upside FIB target 34,0458 - 3rd area to watch for Red Line - current trend line were under Purple box = market structure at 35,880 Fib line 35,687 - 4th area to watch for Daily swing june 15-july 13 2nd upside FIB target + CME gap 37,163 - 37,684 - 5th area to watch for Weekly Swing Nov 21- July 13 1st upside FIB 38,671 and 0.618 FIB 38,978 from ATH to recent Nov low Definitely watch areas 1,3,4 for top out struggle bus areas I myself personally am thinking 35,687 with possible wick up on HTF to 37,684 for that CME gap as top but we will see as retail panic buying can cause one major pump or vice versa
INDEX:BTCUSD
by Wen2TradeOfficial
2
$TWTR -'X' FLEX- NYSE:TWTR (X) occurred on a Monthly Resistance Trendline being broken-out TA speaking. Well, fundamentally didn't go as well. The recent name change wiped out a lofty 4$Billon Dollars and more the size of it on Brand Value. It's a mix in between TA and Fundementals from here. Still sitting on the sidelines aiming for TP1 and more long term. Buying shares(investing) or longing derivatives from here is quite Risky. The confirmation of Resistance Trendline Breakout alone can be enough for someone. However, entry here requires at least a Stop Loss of 10% ; and that's only the recent Higher Low from the current uptrend break-out Market Structure. More confirmations ahead to the *D (CHoCH) awaiting how price will perform. Looking for Entry aiming at TP levels at Wave C correction from impulse(breakout uptrend) Patience is Wealth. TRADE SAFE ! *** Note that this is not Financial Advice. Please do your own research and consult your own Financial Advisor before considering partaking on any trading activity based solely on this Idea.
NYSE:TWTRLong
by Mr_J__fx
GBPUSD - Trend-Following Buy Setup ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPUSD has been overall bullish trading inside the rising channel in blue, and it is currently retesting the lower trendline. Moreover, the zone 1.270 is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue demand and lower blue trendline. As per my trading style: As GBPUSD is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
11
TOMMY XAU | BASIC MARKET STRUCTURE Good afternoon gold gang! Thought id jump on here to talk to you about basic market structure, as its the basis for any strategy and super important to learn. We can identify that the market moves 3 ways .. up trend down trend sideways (consolidation) I prefer to trade when the market is trending in either direction. I determine this by looking at the monthly and weekly candles. In a trending market, i am looking to identify areas that the market can reverse from. If we are making a higher high for example .. I can identify that price is likely to pull back down to the key level it started its ascent from. From there i can wait for confirmations on the lower time frame to take a trade in the direction of the trend. obviously this doesnt work everytime .. news etc .. but its always good to have it in the back of your mind the phase of the market you are currently in. you will find with my strategy .. that price will make new structure points around my key levels ( the ones i place on my chart) Hope this helps some of you out .. back to basics is sometimes the way to go if you are getting overwhelmed with information Have a great sunday and see you tonight for the outlook tommy
OANDA:XAUUSDEducation
by tommyXAU
2