EURUSD - The bigger picture this weekHi Team
EURUSD is a pair I have been watching for some time now.
We have been slowly creeping up towards the descending channel resistance on the daily timeframe (marked on chart).
More than any other pair, EU tends to follow channel boundaries closely.
Last week saw the FED rake hike 75PTS.
What does this mean? It means that we can expect USD strength. This is typically not found immediately following any news release, as market volatility needs to die down. I expect that it will be the middle of this week that we see the beginning of a medium term USD Bull run.
The trades we are looking for are as follows:
1.) Scalp BUY of EU up to the sell zone indicated (I will post a more detailed analysis of this shortly)
2.) Initial Scalp SELL of EU to ascending corrective support (marked on chart - detailed analysis coming shortly)
3.) Scalp to swing SELL of EU once ascending corrective support broken
We want to capitalise as much as possible on smaller moves before entering a larger one, if we can.
NEWS:
Monday 0800 GMT - Expecting a rally of EUR from the IFO business climate assessment. This fits in with stage one.
Tuesday from 1200 GMT - Multiple moderate impact USD events, primarily the HPI. This is expected to raise, which would be bullsih for USD, and would likely coincide with EURUSD bear run.
Wednesday is a HUGE news day. Expect a degree of consolidation after initial drop, with some moderate impact news related to the Euro in the morning. The afternoon (GMT) will show high volatility, especially during and just after the FED interest rate and monetary policy decisions.
Thursday sees the annualised GDP Q2 from the US treasury, but this tends to weigh less than the initial release. Positive news would drive EU further down.
Summarily:
Expect Stage 1 Sun/Mon
Stage 2 Tues with consolidation weds am
Stage 3 Weds afternoon/Thursday - THIS is the big move
Now that I have covered the main expectations and market conditions, I will post subsequent analysis for these specific trades.
I hope you like what I do - I put a lot of effort into my analysis, and it shows - last week my ideas would have garnered any readers over 300 pips of profit.
Don't forget my FREE channel, and as always please like, comment and subscribe - I want to know your thoughts!
Be kind, Trade safe
DrBear
Scalp
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $23,700 📉
💵 Length of trade: we are expecting BTC to hit a $300 scalp, with a high end of $500, and a minimum expectation of $175.
🕰️ Duration of trade: we are expecting this to occur in 3.5 hours of this signal, with a maximum duration of 9.5 hours . Sometimes weekends can drag out or have fast spikes up, more so than weekdays.
EURUSD Stage twoHi team
Please see related post for in depth analysis of this pair and associated news and fundamentals.
This analysis relates to stage 2 - initial scalp sell.
We almost always see a significant rejection followed by a period of retracement prior to any major impulse. Keep your SL tight as invalidation level is clear above descending channel resistance.
I would advise to TP Scalp here, and hold other short entries stop loss break even (SLBE) for swing/medium terms sells.
Thanks!
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Be kind, trade safe
DrBear
EURUSD Stage oneHi team,
Please see linked post for main analysis on this pair.
This page is about stage one: Short term buy up to major sell zone.
This is likely to consist of several subwaves. The two I think we can make use of are:
1.) Sell to local support
2.) Buy to major resistance
These will be quick trades, and given likely market volatility may be subject to spikes - so please use the SL suggested, and manage your risk.
Thanks!
DrBear
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price : $23,810 📉
💵 Length of trade: we are expecting BTC to hit a $185 scalp, with a high end of $300, and a minimum expectation of $125.
📰 We see BTC hitting $23,640 at least twice in next 14 hours (we see it trying to go down, and retracing back to its starting point more likely, than staying at its dropping point), with
possibly attempting a try down to 23,470.
🕰️ Duration of trade: we are expecting this to occur not within 4 hours, likely taking longer. We feel possibly over 8 hours of this signal, with a maximum duration of 14 hours .
📰 Generally Weekends can take a long time with 2 mini-spikes about $150-200 in both directions. We see a low end spike for $300 as a logical max some time early a.m. EST.
Don't get Greedy on the Weekend Take Profits early and even if Small.
₿ 🛬 💥 BTC reaches TOP OF CHANNEL - SHORT INTO A MASSIVE DUMP!?As we reach the top of the BTC channel formed over the past month and a half, we are staring down a barrel with the possibility to enter a MASSIVE SWING SHORT position if certain conditions are met.
These conditions could be either trapped longs to fuel the way down to the 17000s or reentering the Value Area and price acceptance within.
As price hovers at the top of the channel I am patiently waiting for my entry and not risking opening a position without obvious confirmation.
Without a doubt, there are chances that we continue higher to 27380, but one should not rule out the possibility of rejection in front of us.
Best regards,
VOLK
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $23.920 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $550, and a minimum expectation of $150
🕰️ Duration of trade: we are expecting this to occur within 6 hours of this signal, with a maximum duration of 9.5 hours .
❗📋 We have a Signal for BTC to hit a Scalp, where we feel a quick spike up $200-250 is probable. But we do see a possibility of this trade taking a while and hitting near $24,500 at New York Market Open in the morning. Sometimes trades go slow until then.
❗📈BTC hitting 24,150 - 24,250 sooner then later to test the resent daily high seems very probable. Bitcoin might reject at this place, or shoot through, but we feel will touch this point regardless.
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price : $23,900 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $500, and a minimum expectation of $150.
🕰️ Duration of trade: we are expecting this to occur within 5 hours of this signal, with a maximum duration of 9 hours - this might be a longer
occurring trade.
📊📈 IF European 🌍 and Asian 🌏 Markets Come out Strong; it might Cancel out this Scalp
COMP USDT SHORT SWING| COMPUSDT | SHORT @ 52 - 50 | TP @ 49, 48, 47, 46, 45 | SL @ 58 | PATTERN = TRIPLE BOTTOM BREAKDOWN | COINBASE |
TRIPLE BOTTOM BREAKDOWN ON BPI CHART HOURLY
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
COINBASE:COMPUSD BINANCE:COMPUSDT BINANCE:COMPUSDTPERP BINANCE:COMPUSD BITSTAMP:COMPUSD BITFINEX:COMPUSD FTX:COMPUSDT BYBIT:COMPUSDT
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $22,965
💵 Length of trade: we are expecting BTC to hit a $200 scalp, with a high end of $250, and a minimum expectation of $125.
🕰️ Duration of trade: we are expecting this to occur within 4 hours of this signal, with a maximum duration of 7 hours .
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 Short BTC - Entry Price : $22,775 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $600, and a minimum expectation of $175. We Feel it have a strong chance to Re-Test 22k
🕰️ Duration of trade: we are expecting the minimum target to occur within 2.5 hours, with a maximum duration of 7.5 hours .
AAVE USDT SHORT SWING | AAVEUSDT | SHORT @ 94 - 90 | TP @ 89, 88, 87, 86, 85 | SL @ 104 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:AAVEUSDTPERP BINANCE:AAVEUSDT BINANCEUS:AAVEUSD COINBASE:AAVEUSD FTX:AAVEPERP
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 70% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $21,110 📈
💵 Length of trade: we are expecting BTC to hit a $300 scalp, with a high end of $650, and a minimum expectation of $200.
🕰️ Duration of trade: we are expecting this to occur within 3 hours of this signal, with a maximum duration of 7 hours .
btc :)Hi, I'm back again
In my opinion, this analysis will be 90% correct. With the session on Wednesday in America, we will see the new floor, which will be between 19,500 and 20,000, and then the upward trend will go up to 27,000 and maybe up to 29,000 in the first step.
We have to see how the conditions are there, but most likely we will have a correction up to 23 thousand
GOLD Scalp buy!Hi Team
This is a quick one - don't miss out!
Within a corrective ABC channel, we have good confirming rejection. With FED coming up, I expect this to be a retracement before a significant drop following the expected USD rate hike.
I am going to take this buy with SL below the structure, looking for closure in the sell region marked in red.
I will post a short closer to that time.
Like what I do? Like, comment, share - I appreciate you!
Good luck, trade safe.
DrBear