Looking for a bearish scalp on Macey's.
As you can see here, we are approaching a major imbalance on the hourly chart. I will be looking on the 15 minute chart for a heavy bounce off with good volume and hold it until close for a day trade. As always, thank you for viewing my analysis. #macys #puts #scalp
Scalp
$shib Measured (long scalp move) to 966 areaShiba Inu has recently broken a daily resistance level, and the next measured move is expected to be towards the next resistance at 0.00000966. This break of resistance suggests bullish momentum in the short term.
Key points to consider:
Break of Daily Resistance: The fact that Shiba Inu has broken a daily resistance level is a positive sign for traders. This indicates that there is buying interest and increased demand for SHIB at this point.
Measured Move Target: The next measured move is expected to reach the next resistance level at 0.00000966. Traders often use measured moves based on technical patterns to set price targets.
Bullish Momentum: The break of resistance suggests a short-term bullish trend in SHIB. However, it's essential to consider other technical indicators and market conditions to confirm the strength of this move.
Risk Management: It's crucial to implement proper risk management strategies, such as stop-loss orders, to protect your investment in case the price doesn't reach the next resistance level or reverses.
Please note that technical analysis is not foolproof, and market conditions can change rapidly. It's essential to use multiple indicators and stay informed about news and events that can influence cryptocurrency prices. Always perform your due diligence before making trading decisions.
GOLD scalp ideaLooking for gold buys or sells depending on where the FIVE MINUTE candle closes respective of the levels marked in the chart
Gold has seen a strong push to the upside and I don't believe it's completely exhausted yet. However, that does not mean price action won't play out on smaller timeframes.
GMX USDT By HesamUNT ( New update )hey traders
we got the rejection from daily and Weekly Swap and broke down the short and mid-term Demand zones
also we had potential demand zone at daily TF around 39-43 $ and PA confirmed this lvl so many times
Now we break it down and price still playing below this zone
so i can take it as a potential Swap and resistance area in next touches and working as a supply zone in higher TF Chart. also this Swap confirmed by Long-term short scenario fib EXT and EMA 200, EMA 50-200 still bearish in Weekly Daily 4H TF, but we have bullcross in 30m and 1H TF
thats why we can expect some buy pressure around 30$ to the 39$ which is our Supply zone and swap and fib areaa
what u think ?
share ur chart and leave a comment
BTC/USDT SCALP(15M)Hi Traders,My previous chart on Bitcoin did not activate the entry point, but the trend detection was correct and Bitcoin was dumped. Currently, I predict growth from Unmitigated OB.
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You can look at my previous analysis on Bitcoin
GOLD M30(SHORT TERM)Hi Traders,I hope you had a good time. My previous analysis on gold worked correctly in the 4-hour time frame and we saw the gold price pump. Currently, gold needs to go down in lower time frames to collect liquidity. Short stop I'm on gold in the chart.
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BTC/USDT Possible move at the weekendHi traders.Unfortunately, my previous order on Bitcoin was not activated with a difference of 0.2% . Currently, due to the closure of the global market and the decrease in the amount of liquidity in the market, I expect a short scalp movement with the aim of getting liquid from the exchanges.
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XAUUSD Gold price action breakdown 1hSo far this week price action has been very slow, with the only movement coming in as a reaction from news and little else happening inbetween.
We are at a key level where Gold either makes or breaks it's August and september start with core PCE news today, and NFP tomorrow.
The main thing to look out for today is a liquidity grab, which are levels marked in purple. I anticipate these levels to see price reject from IF we fail to see a closure above/below the respected levels. In these cases I will be taking live testing 0.01 lot buys to continue my analysis of this new style of trade entry.
Buy and Sell levels are once again in play should the hourly candle close above/below the respected levels.
XAUUSD Gold 1h wick entry test tradeSimilar to previous trades where I have buy or sell limits, I'm once again testing a trade where if I see price action behave a certain way I will aim to take the trade at a small lot size as a form of forward testing.
I see this being a liquidity grab and double top forming before price continues down. As we scalp, we only want 10+ pips so will be a very aggressive play.