Super Short Term Only: Bitcoin scalp!Looking like we formed a new mini support structure with three points of contact. If this holds we can see another attempt at $40,000.
I am assigning a 65% probability of this happening.
Scalp
Gold - Doublebottom scalp - quick profit!Hello trader,
Nice week and profitable deals 💲
15mh chart gold
Doublebottom trade
Entry-SL - R / R can you find in the chart!
TP: Fibo 0.618 and 0.768
2.Trade:
Another gold post, bigger picture from weekly - 6h:
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas,
Trade save !!
NAS100 scalp SHORTPrice action at resistance respecting this area on all timeframes. looking for a big swing to the down side to the next clear area of support on higher time frames
XAU Shift before bullish takeoffXAU has managed to break the two-week range between 1797.00 Upper bands and 1750.00 lower bands.
This consolidation comes as normality after extending a steep decline right off the 1900.00 zones as accumulation now shapes into form.
A projected re-test of the established mid-range sees a short entry opportunity toward 1775.00.
This establishes a confluence setup as price may bounce off the 1775.00 weekly reactive zones further continuing the bullish push toward 2104.00 later this year.
NVDA Buy LevelsThe color coded support levels shown on the chart are the levels I am currently watching on Nvidia should an extended pullback occur.
The levels were found using a simple, multi-fibonacci retracement method based on previous swing highs and swing lows that allowed me to spot local fib levels. I will possibly make a post on this one day as an educational resource.
There is a lot that will go into this so there is no way I can cover everything in this one post. So check for updates in the future.
In the meantime, we will start with the most bearish scenario and that would be below the .236 fib level at around $715.
I personally do not trade below the .236 but there is no rule that exists that you shouldnt. Its simply my personal preference not to.
This is the basement floor where many traders would choose to place limit orders with hopes that they hit. This is the area where the largest potential gains are made.
PLEASE NOTE: Nvidia does not HAVE to reach these exact prices. This is just simply a point of reference for one to borrow. Please apply your own analysis to come to your own, best conclusions.
With that being said, my favorite fib levels to buy are primarily whatever level the current price is closest to. Which means the .786 level near $812 is the level that should get your attention as of right now.
As you can see, the price wasted no time dropping to this level and one should note that this was not random. The first level that price usually pauses at when pulling back is the .786 fib level. And if this level holds on larger time frames, that would be the first signal of a possible bullish reversal/continuation. If this level holds on the weekly, bears will be at risk of losing momentum, and bulls could retest the all time highs again.
On the flipside, if NVDA breaks the .786 fib level ($812) then that would be the first true bearish signal. And although this is a daily chart, we are truly looking for closes below/above the fib levels on the WEEKLY.
The lower range of each fib level are the buy areas. The tops of the fib levels are the expected rejection areas.
You can see the price at each corresponding level as follows:
$838
$812
$791
$777
$762
$744
$715
To the left of the candle sticks on the chart you will see an example of how to ladder buy simply using the fib levels. It is fairly common sense but one should feel free to tweak it and apply their own strategies as long as risk management is being practiced.
Check back in the coming days on this and if you have made it this far reading this please leave a like!!
ETH Long Scalp OpportunityEthereum has found support once more inside of its ascending symmetrical channel on the 4 hour.
This is a technically a bearish pattern but as long as it remains inside of the channel, buy opportunities exist at the lower green trendline and short opportunities exist at the upper red trendline.
A move from where we currently are would be about 15% to the top of the channel where profit taking would be wise.
A first target for profit taking would be around 2335.
If a break down and full body candle close outside of the channel on the 4 hour were to occur one would want to exit any long positions as the target move would likewise be approximately 10-15% to the downside.
XAUUSD - M15 - DIVERGENCE - SHORT/SELL Analysis:
After a long run in up-side, Gold has touched its Fibbo levels,
Plus it has started diverging in M15, So there are high chances that it falls.
Look for good opportunities for short.
Happy trading.!
Best Regards,
The MorningStar Forex
Eos could have a short bull run !Hello everyone
I think everything is clear In the chart, just don't forget risk management and wait for the daily candle to be closed.
it is not a piece of financial advice always do your own research.
CRVUSDT Looks interesting Hello traders and investors.
we can open a long position if the daily candle closed above the trendline first target is shown in the chart and the second target is Ichimoku cloud.
else we can open short.
it is not a piece of financial advice always do your own research.
Possible Scalp before Breakout Possible breakout sometime after touching rising support
*react in your own risk*
ETHEREUM SHORT ANALYSIS price action is respecting this area multiple times all the way to the 4h as well. looking for a nice pull back
to the next clear support area
15M scalp ideaIt is sunday not the best time to trade, but this could work on 15m chart, the risk reward is good.
GBPJPY SHORT SCALP 15MPart 3 of the same trend: We are waiting here for a breakout and looking for a short position, the price resisted at higher levels on the 4H charts and 1H Charts and we are likely to enter a short.
HEAD AND SHOULDERS PATTERN (trade setup) BEARISH SCALP (BTC)Good morning traders,
First of all please tap that like button for me if you appreciate the posts lately 👍
Second of all, head and shoulders pattern, target $31,777 which is the current support.
See you there.
Cheers.
👍
SHIB - Breakout Scalp!In our last analysis of SHIBUSDT, we were waiting for the breakout of the descending channel. Price dumped a little before breaking out. This is why it's really important to wait for confirmation via a breakout. Price pushed up 57% from the breakout!
We now have another bullish correction and we will be waiting for a breakout to gain another entry!
DOGECOIN - SCALP LONGDogecoin recently broke out of the bullish channel and now we can see a smaller correction which we anticipate would move up. Waiting for the break of the correction to enter with stops below the correction.
See chart update for higher timeframe analysis.
Long this breakout on Zcash!Orders are set :D Prices in chart. This can be good scalp trade if we break ~38.5$ resistence with solid volume... Do not hold this position too long. Allways use stop loss!!! especially in this market.
BEARISH SCALP TRADE IDEA ($36,222) MARKET STRUCTURE RETEST (BTC)Good afternoon traders, first of all please get this technical analysis to 30+ likes to unlock tomorrow's alpha post 👍
Market structure suggests we probably retest $36,222 in the near future, after that I'll be taking time away from the charts and madness to relax my mind after the weekend and will sit in USDT. (85% USDT, 15% BTC)
Please like/comment to show your support as it helps new traders reach my page who are looking to learn technical analysis and little tricks I've learned since starting.
Cheers 👍
Long WISH - Target @ 15, 16.9, 20.11I have a long position on $WISH as an open market volume scalp.
The following reasons are why I am long:
High probability of retesting new high at 15
MACD (4hr tf) building up buying pressure gradually rather than abruptly (not forming triangle)
MACD (1hr tf) potential cross over upcoming in case seller volume continues to decrease
RSI remains in a buyers area
Price holding above support at 50 and 20 MA, perhaps to retest VWAP (4hr TF)
VWAP acting as support (1hr TF)
~2%+ pre-market
I have my initial target at 15, but if we push past VWAP and all indicators continue to point bullish I would aim for VWAP at 16.9, then we should push to next R at 20.11. (4hr TF)
This strategy is SHORT TERM and only during market opening volume. In case optimal volume or price is not reached during the earlier part of the market session I will close my positions.
POSSIBLE HEAD & SHOULDERS (BEARISH PATTERN) FIB 0.382 (BTC)Good early morning my friends,
Just wanted to post a quick technical analysis on my current bias towards the market based on the information it's providing me at these levels.
Bearish target: 0.382 fibonacci (high to low) $33,888
My favourite motto is "plan your trade and trade your plan" and I'll do that.
Stay safe, and avoid high leverage.
