Scalping Gold Using Supply & DemandImagine, not giving a flying F about anything and just taking trades where you think the market is likely to react. Well you don't have to imagine because that is quite literally exactly what I do using this scalp system I've created.
Truth be told I've created this scalp system many years ago but I only recently (within the last few months or so) perfected this particular system. Most of you who know me know me to be a very avid swing trader as my analysis are usually pretty detailed and good.
This system is a stark contrast of my swing style and such a simple change of pace to be frank.
That being said, so long as you understand the general concept of this method you'd be surprised as to how consistent it is despite its simplicity.
Have a good one guys, see you real soon =)
Scalp
BTC USDT By HesamUNT ( Short-term scenario )hey traders, i hope u having gr8 day so far
as we expected, the Golden Ratio which comes from the HTF fib ext is still working as a support area
price made a shadow below the Golden Ratio in HTF like Weekly, and then we had another bullish wave in LTF like 1H 2H 4H
the confirmation for that move was the Harmonic Triangle or ascending triangle in LTF like 5m 15m at the key lvl which was the golden ratio
after breaking up the Golden Ratio, we can take it as a potential SWAP area, so we can expect this lvl work as a potential support area in the next touches ( Yellow zone )
now, the price gets rejected in HTF like daily, and 4H at the 0.786 lvl
as long as this lvl still works as a resistance area, we can expect this sell pressure continue to the midline of the parallel channel as a tp1 and bottom of the channel which confirmed by SWAP area as a TP2 n full Target
What u think about Bitty ? share ur thoughts n leave a comment
BTC USDT by HesamUNT ( Short-term scenario ) New updatehey traders
lets take a quick look at BTC
from the daily TF, we have an important zone for trend confirmation
and price still playing range in this Zone for a while
based on the daily zone, we can expect support at the bottom n resistance behavior at the bottom of the zone
the bottom of this zone which is our major support area already confirmed with fib + Zone + Harmonic Pattern in lower TF Like 4H and 2H TF
and still working as a support area after 2 touches
we got the first pump based on this chart in the first touch
and the second touch made the move after breaking up the LTF harmonic triangle
we broke up the pattern and had a nice pump to the 68k which is the Top of the daily zone
so sell pressure was expected below this lvl in lower TF, and that was our previous trade that u can check it as an idea
now, as u can see, there's a bullish parallel channel in 15m 30m TF and we go back to the bottom of this channel which is the target of the previous trade
this channel comes from the Lower TF and we dont have any confirmation at this lvl in HTF, so I'm expecting this sell pressure to extend to the Swap area which is the yellow zone
if it happens, we can expect another buy pressure at the Swap area, so we can get in after confirmation
share ur thoughts n leave a comment
EURUSD: Weekly overview and opportunities
Reasons to Long:
Bearish long-term channel
Last break was bearish
Reasons to Short:
Near a demand zone that coincides with the bottom of the channel, which is around 1.0620
It seems that a weak short-term zone appeared around 1.0680
Conclusion:
I predict a slightly bullish week. However, I'll wait to reach mid-term zones that can be found between 1.0760 and 1.0720 to short the pair. I don't recommend taking long trades here unless you are a scalper or an extremely short-term trader.
XAUUSD New York Next ReverseOk, I m done for today, but if you want to watch this, NY buys could be still open. H4 is still bullish.
Wait for momentum, wait for lower low: Entry. Keep an Eye on RSI M30 downwards. The higher TF is controlling.
Theoretically you can follow these trendlines, until they leave the honoring zone ( in this downtrend the one above)
EURUSD: Short-term guideThis is my suggested path for EURUSD for short-term trading
It might be expired or invalidated
first a bullish move to 1.0874. Then we'll wait for a retrace again to yesterday's pivot, a little over the monthly pivot which is around 1.0859 and a final upward move is waiting for us there to tp of 1.0887
Remember that the numbers are not necessarily precise they might be invalidated and some noises could annoy traders. I generally don't recommend short-term trading but by taking marginal risks it's rational
impulse-scalp 33x margin quick, scalp (?) ... its looking better since they made me come back and make this longer so idk
looking for 65k expecting 64k. ill star take profit ~63. already did at around 62.75k
just an impulse publish, why the need to have to fill boxes this isn't what i planned on doing and i already took profits so idk what purpose this serves
local trading range - 59.4k(SUPPORT) 64.4K(mid)
65k(resistance)
futures contracts 33x leverage
impulse-scalp 33x margin quick, scalp (?) ... its looking better since they made me come back and make this longer so idk
looking for 65k expecting 64k. ill star take profit ~63. already did at around 62.75k
just an impulse publish, why the need to have to fill boxes this isn't what i planned on doing and i already took profits so idk what purpose this serves
local trading range - 59.4k(SUPPORT) 64.4K(mid)
65k(resistance)
futures contracts 33x leverage
Da PERPsWe could see perp push up to $3.7-$5 on this next move or get rejected around $1.9. But it has managed to hold easily above the 200ma and continues to climb even being rejected at $1.5.
Keep an eye on this one just looking at the risk/reward ratio we could see $1.50 end up being worth $20
Good luck and have fun with it
XcelsiorThis beautiful coin is about to take off yet again.
If coinbase wasn’t a POS and wouldn’t shut down randomly during peak hours, it would have been a HUGE gain on the last take off… unfortunately they are a POS company at keeping the business running when prime trades need to be made We will make it back on this next push up, just a heavy portion of money missed out on due to horrible platform errors.
Inverse head
Good luck and have fun with it
NEAR USDT TO $12NEAR USDT TO $12
Long accumulation phase on daily timeframe that finally broke out.
A move like this could have potentially a lot of upside.
We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40.
NEAR could go a lot higher, with $12 just being the first target.
Why $12?
The previous high on NEAR was sub $20. However, there was a lot less coins in circulation in 2022 when NEAR hit its previous highs. If we take the previous high market cap (12.5b) and use that with the current circulating supply, that takes us right at $12.
That's not to say that it can't go higher than $12, but just $12 should be the first target. Which can also see a possibly pullback. If we can get past $12 without any pullback, we could breeze through $15 and previous highs.
BINANCE:NEARUSDT BINANCE:NEARUSDT.P BYBIT:NEARUSDT.P BINANCE:NEARUSD COINBASE:NEARUSD KUCOIN:NEARUSDT MEXC:NEARUSDT.P OKX:NEARUSDT.P BYBIT:NEARUSDT BITGET:NEARUSDT.P BINANCE:NEARUSD.P KRAKEN:NEARUSD MEXC:NEARUSDT BINGX:NEARUSDT.PS COINBASE:NEARUSDT CRYPTO:NEARUSD
#BTC #Bitcoin #Scalp #Short #Long #Setups 5+6 #Positions #Eddy #BTC #Bitcoin #Scalp #Short #Long #Setups 5+6 #Positions #Eddy
We finished with 2 profits and 1 risk free, for now I added 2 new scalp trades to the previous trade, it's a shame to lose the volatility ;-)
Previous BTCUSDT.P Setups 1+2 :
Previous BTCUSDT.P Setups 3+4 :
(( It's About Trading Range, What you think about my setups guys!? ))
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
shping scalpsStraight up scalps on this trade, entry on point with the nice U support
we could see this push all the way up to $0.015--$0.017
some resistance around $0.008--$0.0092
Zoom in for scalps and out for swing to see what I see on this trade
currently watching this on a 15 minute chart even though its posted as a 4hr chart for visual
just a prime push for this coin don't lose your bags trying to hold onto this but we will see a push just like we saw SPELL and DNT push up over 50% gains in the day.
good luck and have fun with it
#BTC #Bitcoin #Scalp #Short #Long #Setups 2/2 #Positions #Eddy #BTC #Bitcoin #Scalp #Short #Long #Setups 2/2 #Positions #Eddy
I added 2 scalp trades to the previous trade, it's a shame to lose the volatility ;-)
Previous BTCUSDT.P Setups :
(( It's About Trading Range, What you think about my setups guys!? ))
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
My #Analysis of #USDT "Tether Market Cap Dominance" from the link below :
KIT KATMaking a break for it. BNT always a fan favorite.
well at least back in November before Christmas.
this could be pushing all the way up around $1.5 again along with BTC push upwards...
always keep in mind that you should be fearful when others are greedy, however we've waited many years for this crypto bull market to happen and were defiantly showing signs that we've entered that market.
good luck and have fun with it