AUDUSD - WaitingHello, I am currently expecting some of this movement, may not be exact, but as soon as we somehow get into the marked SELL zone, I will want to sell.
I personally prefer setting up multiple TPs, here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Opportunity
The downtrend on EURUSD continues Today is a day off for the US market which means less volume.
The downtrend on this pair continues and we will be looking for selling opportunities.
On every pullback and rejection, entries could be made.
It's still possible to see price pushing up to 1,0500. That will be a good moment to watch out for reversals and entries.
BTCUSDT - WaitingHello! Let's take a look at Bitcoin analysis together, we all know that we are still strongly bearish on cryptocurrencies. Most people think that the price of BTC will go to $15,000 and for that reason it is very likely that we will go up!
Which of course for me as a trader does not mean that I will buy, because the analysis does not tell me such a thing and therefore I have marked the important levels where I would start to focus on a possible selling opportunity. It all depends on the economic situation and the announcement of inflation news.
Of course, before we get to the marked zones, the situation may gradually change and I will not sell there in the end, because the longer we stay at the bottom of the potential consolidation, the lower the chance that the marked zone will react.
New selling opportunities on EURUSDThe downtrend on EURUSD continues and so are the selling opportunities.
The pullback that formed yesterday allows us to enter short from 1,0500.
If price manages to push a little higher and retest the zone, this will be the best scenario.
Stops are still above 1,0615 and with that, we are expecting a breakout of previous lows!
AUD/USD could fall from here!Hey tradomaniacs,
technically a great spot to sell AUD/USD but be cautious with the FED today!
If interest-rates are even higher than expected AUD/USD could get very volatile.
This is because the market might price-in a FED considered to be ahead the Curve in order to get
buffer for upcoming rate-cuts in case of a recession.
In this case we could see bulls in equities and so a struggeling AUD/USD.
What do you think?
NZD/USD likely to fall!Hey tradomaniacs,
after the ECB-Statement from yesterday we have seen a strong dollar-push as the upcoming rate-hikes were already priced in.
The reason for the entire sell-off in equities was basically that the ECB has raised its rate of price increases aswell as lowered the exepctations for economic growth.
What a dilemma... I think we might see a continuation of the recent breakout due to the risk-off-sentiment.
Still stay cautious ahead the important CPI-Data today which will be very important for the market.
But a great chance with tight SL here!
COCP and playing the setupBuy Shares Strategy -
Buy COCP @ $0.44
RISK 4.7% -> Stop Loss $0.4193
TARGET 1 Reward: +4.7% $0.4607
TARGET 2 Reward: +11.4% $0.4900
Looking to break out of this nice wedge; RSI is looking good, STOCHASTIC is trending neutral however.
8 EMA about to cross the 34 EMA, hoping to catch the move before liftoff, with preplanned risk (stop loss) in effect.
Volume is lacking, needs more volume for the push.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
#OP/USDT 15M CHART UPDATE !!Welcome to this quick OP/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- OP is trading in an uptrend channel and respecting the support and resistance level. The support is $1.27 area and the major resistance is $1.59-$1.66 area. Try to grab some OP near support level with tight stop loss.$1.24
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
#OP/USDT 30MIN. CHART UPDATE!!OP/USDT looks promising we can long hare;
Long trade setup :
Entry: CMP - $1.2823
Target : 15% - 20%
Use leverage 5x - 20x
SL : $1.90
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#OP/USDT 30M CHART UPDATE !!Welcome to this quick OP/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- OP is trading in an uptrend channel and respecting the support and resistance level. The support is $1.35 area and the major resistance is $1.59-$1.66 area. Try to grab some OP near support level with tight stop loss.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
AVAX APPROACHING TO ITS REVERSAL ZONE.avax is dropping for past few days . it can rise now .
the price can go up right now from here <
the price can go a little dipper to green zone and then rise .
current price is a good price to buy < if it reaches 22-21.5 it is much better opportunity of course.
you can say your opinion about this .
hope you like everything about trading like me .
THE ROOF IS ON FIRE but 💯 MAJOR OPPORTUNITY⚠️This is the song that came in mind when I checked prices this morning:
Lyrics
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Hello, my name is Jimmy Pop and I'm a dumb white guy
I'm not old or new, but middle school, fifth grade, like junior high
I don't know mofo, if y'all peeps be buggin' givin' props to my hoe 'cause she fly
But I can take the heat 'cause I'm the other white meat known as "Kid funky fried"
Yea, I'm hung like planet Pluto, hard to see with the naked eye
But if I crashed into Uranus, I would stick it where the sun don't shine
'Cause I'm kind of like Hans Solo, always stroking my own wookie
I'm the root of all that's evil, yea, but you can call me Cookie
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Yo, yo
This hardcore ghetto gangster image takes a lot of practice
I'm not black like Barry White, no I am white like Frank Black is
So if man is five and the devil is six than that must make me seven
This honkey's gone to heaven
But if I go to Hell, well then I hope I burn well
I'll spend my days with J.F.K., Marvin Gaye, Martha Raye and Lawrence
Welk
And Kurt Cobain, Kojak, Mark Twain and Jimi Hendrix's poltergeist
And Webster yea Emmanuel Lewis 'cause he's the Antichrist
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everbody say ho
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everbody say ho
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everbody say ho
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Allow me to be cool with this...
All is see is :💯 MAJOR OPPORTUNITY⚠️
the FXPROFESSOR
OPPROTUNITY - BE AHEAD OF THE CROWD - LONG - ADA /BUSD -CARDANORed line is the lowest potentially reachable price.
The orange range lines are the probable sector where the price needs to get out from, to either increase of fall.
There are some symmetrics vertically.
The price have failed to recover and stay in the orange range.
The blue down trending line has been very regular but we can notice that the price have succeeded in passing through it.
The horizon is more positive but there is a danger zone close to the lowest $0.12 area.
What to watch? Check at this orange range, investors will probably wanting to see the price recovering in that range before entering massively.
Isn't it the great moment to dollar cost average and be ahead of the crowd ?
Bitcoin: Comparing 2019-2020 correction with 2021-2022 - update2Little idea update.
After RSI formed a huge bottoming pattern on RSI in summer 2021 price retested this trend line in january 2022. This happened as in march 2020, BUT this time we had 2nd retest of a trend line on RSI - this looks bullish for me.
Yes we could see some more volatility before going higher but i will not wait prices below 25k.
I think this is extremely rare opportunity to enter the market OR to add BTC and other cryptos to your portfolio.
This is not financial advice but i will accept this opportunity and hold strong untill new wave of fomo kicks in.
Patience!