UK100 Entries + Exits!Okay okay! UK100 chart last week broke all TP's straight through, only 3 TP's for it this week let's see if it can still maintain it's weekly juice.
How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
Nakedtrading
WTICO/USD on watch for me today.WTICO/USD:
• If price corrects and a tight one hour flag forms then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
BTC on the Daily 🦬*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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Using naked price action Analysis.
🔸 finally see some structure with higher lows and lower highs (triangle formation)
🔸 established levels on the daily and 1hr chart (plus 15, 5 and 1 min chart for scalping)
🔸 added 21 EMA, the ADX / DI indicators just to compare methods
🔸 On-chain data indicates retail newbies FOMO'd into BTC after Tesla announcement (X factor) in Feb, then sold at a loss out of Fear in May.
I'm still BULLISH AF. We are still on track and in an uptrend. If in doubt, scale-out.
In this case, remove the X factor which massively influenced the market (whale manipulation between Feb - May, ie TESLA / MUSK FUD) and we are back on track in the $35K zone where we originally left off in Feb 😉
As always, watch for volume. Do your own research, check on-chain data. Always be watching BTC.
This is not Financial Advice.
Good chat.🤖
USD/JPY and GBP/CHF on watch for me today.USD/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below the upper rayline of our most recent piece of structure, it does so in a convincing manor and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
GBP/CHF:
• If price pushes up to and ideally just above the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/CHF and EUR/CAD on watch for me today.GBP/CHF:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart, but I'll be hiding my stop loss above the upper trend line of our most recent piece of structure as illustrated for extra protection.
• If price pushes up impulsively to and ideally just above our upper rayline, then I'll be waiting for a convincing impulse push back down below it followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/CAD:
• If price impusles back down below the upper trend line of our most recent piece of structure, it does so impuslively and in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
heavy supply and strong absorbtionBeen absorbing supply at the 28k-30k even since the week of the 17 May'21. Buy have failed to break upside ever since after many retest of it in reason of how the supply has been and remained in power ever since the touch of 60k in last March
On the week of the 14 June it closed on a rejection of the 30k area with supply absorption, but that supply was pretty heavy. And heavy enough that the week after ( 21 June'21) we saw sign of absorption again but an heavy powered supply also, that even made it to 28k to get absorbed.
With an heavy supply like it, and an important absorption as we have been seeing, I do expect more test of 28k-30k to decrease the supply before seeing any break upside 40k, that I expect eventually
but with a heavy supply that got still absorbed, it tell that the buying interest is also strongly present, so ready for any retest of 40k( which is also a logic option) and even a break of it on a SOS
another update coming up on lower time frame
USD/JPY, GBP/CHF and WTICO/USD on watch for me today.USD/JPY:
• If price pushes up to and ideally just above our previous high, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/CHF:
• If price impulses down below the ascending trend line to the left, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
WTICO/USD:
• If price pushes up to and ideally just above our most recent high, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses down below our most recent low, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
USDJPY: Head and Shoulders Pattern1: Head and shoulders Pattern clearly visible on the Daily Chart. Price also created a New Low by breaking the lower high around the area of 108.330
2: Price would need to break the key level of 107.460 - 107.450 area as confirmation.
3: The target will be based on how deep the breakout is.
4: Will take up to two weeks for the pattern to complete before we start looking for entries. This could be during the second week of May 2021.
Sell naked call Natural GasHistorically NG goes sideways or down in this period of the year, NG is usually cyclic.
The price of $3 is a psychological barrier.
10 contracts of naked calls worth $3200 of premium.
I have follow-up action of case price or volatility will rise.
81% probability with the current market conditions.
Chobotaru Indicator
Gold SELL PrimingGood day guys, as promised, I am delivering my first update of the week for this setup. The next update, should be our entry into the market. I want to see a possible last push to induce buyers into the market, following by a star pattern formation and an aggressive sell off. That is what I am looking for to get you all into this phenomenal setup. This could be a 1500+ pip move to the downside. I am currently in the trade, and my trade is taking a little heat right now, but that is ok. The toughest thing to do is to pick tops and bottoms. That is a losers game. Again, last week there has been a lot of bullish headlines in regards to gold. Usually, when I see this happen, it stirs up FOMO (Fear-of-Mission Out) emotions in retail traders. Then, the market delivers a massive blow to drain retail traders accounts. I am a long term trader, so I look to hold a position for days for maximum profits. Be sure to leave a comment below if you have any questions. We do appreciate you for checking out our post and remember, we will see you on the other side.
Rodrick (CEO)
Third Eye Traders
CAD/JPY and AUD/USD on watch for me today.CAD/JPY:
• If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our lower rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
AUD/USD :
• If price pushes down to and ideally just below our lower trend line, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price impulses up, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
CAD/JPY and AUD/USD on watch for me today.CAD/JPY:
• If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our lower rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
AUD/USD:
• If price pushes down to and ideally just below our lower trend line, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price simply impulses up, it does so in a convincing manner and a subsequent tight flag forms, then I'll once again be looking to get long with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
NAKDNaked Brand Group Ltd (NASDAQ:NAKD) has an increasingly bullish bias on the daily time frame, with the stock now trading above the 70c resistance level. Plus, the emergence of a potential inverted head and shoulders pattern with a neckline around 78c frame offers a strong indication that the stock can still trade much higher over the short-term. Note: It is a penny stock so trade with caution.
GBPNZD PRICE TRAP 1HR tfGBPNZD Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above alert
price, enter on the break or the retest
Alert: 1.93596
TP1: 1.93941 (35 pips)
TP2: 1.94267 (67 pips)
TP3: 1.94607 (101 pips)
TP4: 1.94928 (133 pips)
SL: 1.93097 (50 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes above alert
price, enter on the break or the retest
Alert: 1.92718
TP1: 1.92448 (27 pips)
TP2: 1.92120 (59 pips)
TP3: 1.91837 (88 pips)
TP4: 1.91482 (123 pips)
TP5: 1.91233 (148 pips)
SL: 1.93036 (32 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
N.O.T. A PENDING ORDER
4H Chart - Gold going to Raise up to 1800$ expectedGold was bearish then consolidation and now it is time for some bullish, gold inside an ascending channel, I am going Long.
DXY ıs at 91 at the weakest level, we saw on Monday how the USD was bearish.
Be aware, all technical analyses are subjective, and the analysis may differ from one to another.
When you establish your trade, make sure you setup a SL before TP.
Don't risk more than 1-2% of your account, cut your losses early, and don't over-trade.
Good Luck to every on :)