Microsoft MSFT: Volume + Momentum today & a retest of High soon
Microsoft came up in stock scans today on increased momentum so I took a look and I took a Long position.
MSFT you may remember back in July of this year sold off quite deeply from a bearish head n shoulders pattern. But since then it's price has reformed with good market structure & following its steamy movement today, I think a reclaim of the high price will occur before end of the year.
Marketstructure
BOME Long Position (Retest of 21-day EMA)Market Context: BOME is approaching the 21-day EMA after a Market Structure Shift (MSS). We're looking for a retest of the trend to form a higher low, while sweeping liquidity at the $0.075 level. This provides a potential opportunity for entry.
Trade Setup:
Entry: $0.007 - $0.008
Take Profit:
First target: $0.012
Second target: $0.016
Third target: $0.020
Stop Loss: Daily close below $0.006
This setup seeks to capture the bounce from the higher low, capitalizing on the anticipated continuation of the uptrend. #BOME #Crypto #MarketStructure #21EMA #Trading
XAUUSD: Go higher or back to BuyerPrice has broken up from 20++ Day range. SO bullish situation has set from that behavior. So If the price is still bullish, we don't want to see the price come back lower than YPOC. If it does come lower then that level. The bullish situation in small time frame will cancle.
Green>>> If price making a small boundary range around ATH. it interpreted the price will try to making a higher move.
Red>>> If price start moving lower and hold below gray zone and trend line. It might pull back down deeper to find a buyer around YPOC zone.
XAUUSD: We are in medium time frame key inflection point area.The upper boundry of 20++ Day Range is a key inflection point area. So we must pay attention to this zone area to see the behavior of price movement.
----Green----
If the price still bullish. We must see price holding above YPOC and trying to break ATH.
----Red----
If YPOC coundn't hold the price and if it's broken a next trend line and hold below it. A deeper pull back may set the first target at 20++ Day HVN.
XAUUSD: In Range trading strategiesGreen: If price couldn't break down to NPOC and making higher low it determining that Buyer might try to push the price above 23 day HVN
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Red: If price has broken through NPOC. Watch for the rejection which will make a move back up to 23 day HVN
XAUUSD: Will the price going to reach ATH?Red scenario: If price going streaght up and break through the red zone and come back underneath it. Wacth out the price will break trend line and come back down to yesterday VPOC.
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Green Scenario: If price hasn't break the red zone yet but pulled back and hold at the trend line or stay above 23 Day HVN range. Bullish scenario may contious pushing price to rise up to ATH.
#GBPCHF potential reverse head and shoulder patternIn this chart, as you can see, we might be dealing with an inverse head and shoulders pattern. If confirmed, this pattern could lead to higher prices.
However, before taking any positions, it would be prudent to wait for a shift in the lower timeframe market structure toward a bullish trend to ensure stronger confirmation of the move.
#Silver near the end of wave 3 of 5 of 3 From an Elliott Wave perspective, it appears that the price has formed wave 3 in an impulsive bullish move. Therefore, we can anticipate a bearish corrective move to complete wave 4.
Based on the principle of alternation, since wave 2 was a sharp correction, wave 4 could potentially be a more prolonged, time-consuming corrective phase. This suggests that the upcoming wave 4 correction may develop as a more complex or sideways movement before resuming the uptrend for wave 5.
It's important to note that bullish move is still on. However, we may now see a bearish corrective move.
DXY SELL TO BUY XXXUSD Hey Traders,
lets get ready to see the dollar index (DXY) take some step down
simple what are we waiting for on the XXXUSD we are anticipating a BUY from the bottom
price fixing below
EMA's
Conversion line
200ema
is a good sign to sell this and BUY ALL XXXUSD at a right point
thanks for reading,if you want more content like this drop a comment below thanks once again!!!!!!!!!!!!
XAUUSD: Neutral DayStill in Balancing Range trading strategy.
Green == If price can hold above YPOC and 9 Day HVN. It may potentailly move up to the upper boundary of 9 Day range.
Red == If price break and hold below YPOC and 9 Day HVN. It may potentailly move down to trend line at the red zone or lower than that.
XRP Wait for the HUGE opportunity🔻 Tough week for $XRP. The price has been a rollercoaster 🎢, leaving investors exhausted.
💡 Opportunity: The next time the market picks up momentum, we could see a major breakout. I'm looking to go long in the marked zone.
⚠️ Advice: Don't rush in expecting a bounce. Save liquidity and stay patient until the right opportunity comes. Patience pays 💰.
BINANCE:XRPUSDT
XAUUSD: Reversing to 5 day HVN?GREEN============================================================
- If the price can break and hold above yesterday POC. It's potentially can move back up to 5 Day HVN.
RED===========================================================
- If the price break up and come back down and hold below yesterday POC. It might potentially moving in the price range moving expected.
XAGUSD BULLISHI strongly believe silver is set for a major rally in the coming months.
To begin, I'm entering this swing trade with 12 key arguments I've identified, where 90% are bullish and only one is bearish.
Bullish Arguments:
Monthly PCH being disrespected
Monthly PCL being disrespected
Weekly swing low not respected
Weekly Bullish FVG being respected
Daily Bullish FVG being strongly respected
Daily swing low not respected
4H Bullish FVG being respected
4H swing low disrespected
4H swing high disrespected
Bearish Argument:
Daily swing high being respected
Trade Management:
Stop Loss at yesterday’s low ($29.70) since a rejection would signal a continuation into the daily FVG, giving us a better entry.
Take Profit at the swing high or near buy-side liquidity to lock in profits without being greedy.
Risk/Reward Ratio: 4.69
Risk: 2%