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Priceation

Believe it or not, Bitcoin is still in the gameDespite Bitcoin showing a bear market in recent days, it remains within a range and fluctuating within a demand zone. Our point of interest is still very high, but still valid for the price to take a break before the jump. if you can look the general structure, we can see that where I marked the green circle, there is a lot of buying pressure. This is also an area of interest that I had marked as a potential rebound point. We will see what happens in the coming days. Thank you for your support. -Mike
COINBASE:BTCUSDLong
by RocketMike111
EURCHF BUYSHello guys let me go over why buys were valid on EURCHF and what is my task for a price to complete. As you can see price is clearly in a downtrend. Knowing that strong move needs a recovery and then to continue to the direction of the trend, buy to sell setup made sense to me. As you can see price came all the way down, broke an important structure and created it's own independent trading range. It mitigated the blue line, while making structure shift on smaller time frames. With stop loss being put below the low, minimum RR for this trade was 1:2.5 which is not that bad at all! Let's see what price will do next.
Long
by Tilen_FX
GBPUSD | Perspective for the new week | Follow-upAccording to recent data from the UK's National Statistics, the second-quarter Gross Domestic Product (GDP) registered a 0.2% QoQ growth, aligning with the initial estimate and continuing the trend from the previous reading. Dive deep into the market dynamics as late-week price action propelled Cable back to the opening levels of the previous week, hovering around $1.22600. Intriguingly, the GBP's recent sell-off appears oversold, hinting at potential corrections. With a potentially bullish close for the week, the market is showing signs of strengthening correction risks, possibly extending gains to 1.2350 in the short term. Yet, the GBPUSD pair faces challenges amidst the dominant US Dollar. GBPUSD Technical Analysis: Will the pound find solid support at the $1.21100 zone, or are we heading towards a potential breakdown and a possible sell-off? The stakes are high, and we're on the edge of our seats! The spotlight is on high-impact economic events from both the US dockets for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the Daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. Keep a close eye on that critical confluence at $1.22600. It's a decisive moment where both sellers and buyers are vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer: Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy. It is important that you carefully consider your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from an independent financial advisor to assess the suitability of your situation before making any investment. I do not guarantee the accuracy of the information provided and shall not be held liable for any loss or damage that may arise directly or indirectly from the content or the receipt of any instructions or notifications related to it. Please note that past performance is not necessarily indicative of future results
by darcsherry
1
BluetonaFX - SILVER Triangle Break SHORT IdeaHi Traders! SILVER is approaching the trendline support of its symmetrical triangle and there is a possibility of a breakout to the downside. Price Action 📊 There was a momentum break and close below the 20 EMA along with market swings showing lower highs and lower lows. We are looking for a break and close below the trendline support. Fundamental Analysis 📰 The market's demand for Silver is currently low due to current high demand for the US dollar. Support 📉 22.232: TRENDLINE SUPPORT Resistance 📈 22.868: PREVIOUS DAY'S HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
CAPITALCOM:SILVERShort
by BluetonaFX
3
ETH - Now We Wait ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has recently exhibited a predominantly bearish trend, confined within a horizontal channel depicted in red. In the most recent trading session, there was a substantial drop in value, leading to ETH's failure to maintain support at the 1700 level. While the 1700 support remains unbreached , our focus will be on identifying potential short-term bullish reversal setups on lower timeframes. (like a double bottom, trendline break, and so on...) However, should the 1700 support level be breached conclusively with a daily candle close below it, we would anticipate a continuation of the bearish momentum, possibly driving ETH's price down towards the 1500 mark. For now, we wait! ⏱ 📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques. All Strategies Are Good; If Managed Properly! ~Richard Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
by TheSignalyst
18
The reason for live movementThis level is important because it is the beginning of the previous channel and the candle is before the price gap is formed But the reason for the indecision in this level is the inflation news of Canada today And also waiting for the opening of the New York market ------------------------------------------------------------- I decided to put live chart tutorials and tips on my page so you can analyze the market accurately. Join me to see the rest of the analysis in the future -------------------------------------------------------------------------- If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you.
TVC:DXY
by danial_ahmadi
NASDAQ Third time is the charm for sell ? Hi traders: Here on NASDAQ price is once again at the top of the overall structure. From my 2 previous short idea, they all hit the bottom of the higher time frame ascending structure, but did not continue lower. This is simply a sign of the HTF correction phase isn't over. Now, we are once again at the top, and bearish price action has begun on the LTF. Certainly a good idea to look for sell now as we have seen many times price drop when its at the top of the current price action. Be on the lookout for lower time frame bearish continuation correction, and put in sell entry order when confirmed. Thank you
Editors' picks
OANDA:NAS100USDShort
by jojofang0901
145
GBPAUD 1.79382 - 0.39 % SHORT IDEA * PRCEATION & STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE POUND / AUD . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
GBPUSD | Perspective for the new week | Follow-upThe greenback appears to be building on structures supporting a rally in the coming week(s) as the Nonfarm Payrolls report draws near. The price travelled in the opposite direction since my last publication as $1.40000 remains a strong Supplication level ( see link below for reference purposes). A sharp rejection of $1.4000 followed by a significant Breakdown of $1.38300 (key level) during last week trading session send signals of a risk of further decline for the Pound in the coming week(s). Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand | Harmonic patter (AB = CD) | Descending Channel Observation: i. Connecting the lower highs and lower lows of price with parallel trendlines emphasizes that price action has been caught within a Descending Channel since February 2021. ii. The Demand zone @ $1.38300 that held price "supported" during the penultimate week was finally broken during last week trading session with momentum favouring the Bears. iii. The present structure after breakdown supports a transition into a Harmonic pattern (AB = CD) with parameters explained below; a. Leg A-to-B shall be expected to be in harmony with the C-to-D leg. b. The B- to-C leg present falls within 61.8% (with the possibility of extending into 78.6%) Fibonacci retracement of the A-to-B leg. c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move @ $1.35500 area. iv. This been said, It possible that price might not break above key level to continue the decline hence it is pertinent that we keep an eye on price action around $1.38300 in the coming week(s):) Trading plan: SELL confirmation with a minimum potential profit of 300 pips. Risk/Reward : 1:3.5 Potential Duration: 4 to 10days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
1
S&P 500 Volume Profile AnalysisAll travel from Europe to US suspended This step is in my opinion a good precaution to stop the corona virus from spreading across the globe. But what does this mean for the US economy? A severe blow! Bringing a big industry like intercontinental airlines to a 30 day halt will have economical consequences. Also it is not just this industry but also all the industries that are somehow linked to airlines. I was not surprised when I saw the biggest US stock index S&P 500 drop after this news. What does the current selling on S&P 500 mean for us traders? In my opinion this is an opportunity. US economy is strong and nothing like this could bring it to it’s knees. Also, a pullback after years of a crazy strong uptrend is a healthy thing for the market. S&P 500 discounted I like to talk about investment assets as if they were regular stuff you buy in a store. Imagine that you go shopping and the same thing which was $30 yesterday is now $20. It is the same thing as yesterday, same quality, same manufacturer. What does a reasonable person do? He buys all he can carry and store, right? Because the stuff is discounted! We can apply the same approach to S&P 500. Pullback in S&P chart means a discount. In my opinion S&P 500 is a “good quality product that won’t spoil”. So the only question is how big the pullback needs to be before S&P gets real cheap and the big guys start pushing the price upwards again. Volume Profile analysis The best tool to uncover the strongest institutional supports and resistances is the Volume Profile. I opened a monthly chart of S&P 500 and looked 12 years back to see how the volumes were distributed in this whole period. This is the sort of BIG picture you want to examine when thinking over long-term trades. The heaviest volumes in this 12 year period were accumulated between years 2014 and 2016 around 2070.00. From there a strong buying activity started again. When there is a pullback big enough to hit this significant Volume Cluster sometime in the future then I think aggressive buyers will come into the market again and they will start buying like crazy. This should move the price upwards again. As you can see from the picture above, the price is currently at another significant Volume Cluster. This could also prove to be a strong support and turn the price upwards again. But if you want to buy with a real BIG discount, then 2070.00 is the place I would picked for a big buy. Long-term investment With this kind of trade you need to treat it like a very long-term investment.This is not swing trade you hold for a few days and then get rid of it. This is a position to hold for a couple of years. With such a kind of an investment you need to think about it like this: First the asset needs to be good. You need to like the S&P 500 and you need to believe in it. You need to believe in the US economy. Only then you should check out the chart and look for a place where you would like to buy it. I hope you guys liked this S&P 500 analysis. Let me know what you think in the comments below! Happy trading, -Dale
FX:SPX500
by Trader_Dale
3