BTC BearishOpen Interest - Rising and Above Seasonal Average and at ATH resistant level
Indicating losing bullish momentum.
COT Data: 6 month - 12month Range showing commercials are net short.
Price Structure: Daily Timeframe shows bullish however the daily range has been expanded from 38K with no sell stops being taken out. March Monthly Candle created new high. Entering new month April indicates a possible correction is under way. If 64K level is broken awaiting to buy between 50K-55K in the area of FVG and bullish OB with LTF confirmation.
Seasonality
OIL HIGHER ! Geopolitical issue + Eid MubarakHi Everyone,
OIL higher . target is 90.
but maybe tonight is making new high on before or after news.
(please dont risk more than 2% in trade)
watch your risk management. Good Luck.
i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you support !
Goodluck
i'll help you to have a great trade.
Please using good money management.
dont take any emotional trade.
Note:
Dont risk more than 0.2% on trending market
Dont risk more than 1% on ranging market
Wish good luck for all people.
Please help support me by Clicking like button, and if you like my ideas please follow me and support me. i Relly Appreciate it!
i'll make more and more great analysis if this chanel grows.
on Gold, eurusd, gbpusd and oil specially.
what do you think?
please comment and rate below.
Thankyou.
Here is intraday swing forecast for GOLD, heading towards 2300As we expected in 2023, we know any limited supply commodities will lead to an All Time High caused by FEDs monetary policy
When we combine with Gann Method on how he predict everything, we know it will really happens for sure.
Now we can see that GOLD and BTC will reach All Time High as soon as possible
Watch the time and date we have mentioned in the analysis, time will control as swing reversal while price will control market behavior. While yellow line in Gann Fan act as fair value slope, so price will be back on that yellow line before it change its direction
XOM is on a Slippery SlopeXOM near ATH. With Bearish Divergence on the Monthly, I’m expecting a break out and rejection. Once the shooting star candle forms on the weekly, enter below the close with a 5M time horizon. I’m eyeing the 105P or 100P for September. Judging by Volume and Open Interest, I’m expecting a large move down in conjunction of an economic event.
SPY's Wedge and DivergencesThe S&P 500 ( SP:SPX ) as tracked by the most liquid ETF AMEX:SPY , has continued in a wedge pattern since the lows from late October 2023. This wedge has been steep and risen quite dramatically. Bulls will not want to see this break, but given that it's an election year, would the break just be a consolidation with one more high? These are issues everyone is likely considering.
The series of negative (or bearish) divergences could continue, as anything is possible in markets. But it shouldn't be ignored either. The Supplemental Chart below shows the series of lower highs on RSI, using SPY's daily time frame.
One final note of caution. This wedge pattern technically (no pun intended) hasn't broken yet. Nor has its 21-day EMA. A break would help bears, at least short-term ones, see more downside or consolidation.
GammaLabs, who this channel follows, mentioned in its briefing today that CTAs remain max long still and may become "systematic sellers" below 4900 SPX. So more downside is needed for bears to gain traction. The technical conditions for consolidation are ripe, though, with the wedge and divergences shown. But confirmation remains needed.
________________________________________
Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed.
Please note further that this technical-analysis viewpoint is short-term in nature. This is not a trade recommendation but a technical-analysis overview and commentary with levels to watch for the near term. This technical-analysis viewpoint could change at a moment's notice should price move beyond a level of invalidation. Further, proper risk-management techniques are vital to trading success. And countertrend or mean-reversion trading, e.g., trading a rally in a bear market, is lower probability and is tricky and challenging even for the most experienced traders.
DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.
NAIL a homebuilding leveraged ETF rising from support LONGNAIL on a 14 minute chart tested the support at the rising trendline confluent with the mean
anchored VWAP and has bounced and crossed over the latter. Relative strength lines are
crossing over the 50 level and the relative volume is showing a gradual rise. This is the
beginning of homebuilding season after all. Mortgage rates might be getting a cut. I will take
a long trade here expecting a swing trade for a few months. Targets are on the chart. They
are based on the resistance rising trendline as well as the upper VWAP bands.
Navigating Market Waters: Embracing Flexibility on US30In trading, adaptability is key. Reflect on the journey navigating the volatile waves of US30. While some trades may slip away, embracing the fluidity of the market ensures resilience and growth. Let's explore the importance of flexibility and seizing opportunities amidst market turbulence.
Could XRP hit $100? Charts hint at a Big moveA simple analysis of Ripple (XRP) charts reveals a rising potential for this cryptocurrency. While we cannot predict the future with certainty, cyclicity and indicators certainly suggest a significant price increase is on the horizon. The XRP can hit a much higher price point, possibly exceeding $50. 💰
DON'T FORGET , popularity matters too! XRP is currently holding strong at number 6 on CoinMarketCap ...or are The Simpsons's creator fingers in this? 😃
Share your thoughts about Ripple's future! 🤔
(Not Financial Advice)
Looks Bullish to MeThis weekly candle can be the death of crypto as we know it. Major correction, dxy could pump causing crypto to dump. It's alot of red news this month that can send dxy to the mf sky and crypto to the floor. Let's see if dxy continues its uptrend. Sheesh .. 106.952 SMASH, JP ain't playing
EURO - Short Term Buystop RaidBearish throughout the week with the daily order block being met on the 29th, one day before good Friday before retracing to the upside.
Due to the sentiment being overall bearish, many retail traders would be inclined to go with the notion that 'trend is your friend' and short the market whilst placing their stop loss above recent highs, causing smart money to capitalise on it.
Short-term bullish for euro with a pending selloff in the cards, especially if we are to see 105 attacked in the dollar index.
Either look for longs towards the upper displacement daily fair value gap or wait for the move to play out and place shorts aiming for new lows below the daily order block @ 1.07741.
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
GBPUSD - When Will We See A Shift In Structure?Rangebound price action throughout the week with hourly buyside and sellside pending to be tested.
1.26546 intraday buyside liquidity is a premium area in price which cable is most likely to run to, especially if dollar is to continue to sell-off into the daily fair value gap @ 104.144. Hourly order block @ 1.26146 has been respected from Thursday throughout.
Will we see a run on stops?
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
USD JPY - incoming 1990, then 1987?G'day,
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual.
Below are some of the take aways from the video - please listen again incase any detail is missed.
Monthly
simply put, look at 1990 and the gap formed in the fresh supply above at 157.XX - 164.XX (1987). not there is a hidden zone within 1986 which can be a final supply zone.
Weekly
The market has made a double top within the weekly supply, we'll await the confirmation on the daily time frame however.
The weekly zone has been built up upon a strong resilience zone from the supply zone (note this is a strong supply zone which dates back to 1990/91) , where multiple rejection weeks have occurred and price has been in an accumulation phase since.
Daily
High curve created for the daily supply, and now the buyers have created again a high curve, with this time a marked zone where price can pivot to (subject to confirmation), before price can begin its journey back into the supply, after a strong demand zone which can be brought back to.
Do you enjoy the setups?
Professional analyst with 8+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXIV
Seasonal Weekly Chart For WheatSupply and demand zones for Wheat on the weekly chart.
Once you enter the zone, look for the lower timeframe reversal patterns, extended waves, classic trendline breaks, etc.
Drop down to the Daily for refined supply and demand zones.
Drop down to 1 hour chart for the current trend after you see the reversal pattern.
AUDNZD-4H-POTENTIAL REVERSALI am re-entring again in this trade, technical and fundamentals are also supporting this setup
cot index of AXY Index is at the top and ZXY comes from the top so AXY is neutral and ZXY is reversing with commercial flip data
technical pointer and bias is also bullish
I am re-entering this trade with a doubling my risk
End-of-Quarter sell-off effectAccording to ChatGPT:
Yes, end-of-quarter sell-offs are a phenomenon observed in the stock market where investors may sell off their holdings toward the end of a financial quarter. There are several reasons why such sell-offs occur:
Portfolio Rebalancing: Institutional investors, such as mutual funds and pension funds, often rebalance their portfolios at the end of each quarter to maintain their desired asset allocation. If certain stocks have performed well and become overweighted in the portfolio, they may sell some of those stocks to bring the allocation back in line with their strategy.
Window Dressing: Fund managers may engage in window dressing at the end of each quarter. This involves buying or selling securities to improve the appearance of their portfolio holdings in reports to clients or shareholders.
Quarterly Earnings Reports: Companies typically release their quarterly earnings reports shortly after the end of each quarter. If these reports are disappointing or if there are concerns about future earnings growth, investors may sell off their holdings in those companies.
Tax Considerations: Individual investors may engage in tax-loss harvesting toward the end of the quarter to realize losses for tax purposes. This could lead to increased selling pressure on certain stocks.
These are just a few reasons why end-of-quarter sell-offs may occur in the stock market. However, it's important to note that not every quarter sees significant sell-offs, and market behavior can vary depending on a wide range of factors including economic conditions, geopolitical events, and investor sentiment.
FET long-term plan
AI hype has started again. Important AI cryptos are AGIX, OCEAN and FET. If you know any other one, please comment and share information.
Fetch.ai aims to enable a decentralized economy where autonomous agents can collaborate and transact efficiently without relying on a centralized authority.
I know that many of you may buy FET at much lower prices but in my opinion, this level is still interesting for a long-term hold.
In weekly time-frame, FET is breaking the neckline and the rally will continue.
With medium market cap of $400M at the current price, my targets are $2.5, $4.5 and $9.
------------- Information on FET -----------
FET (Fetch.ai) is a decentralized digital currency and blockchain project. It aims to develop a decentralized infrastructure for autonomous economic agents (AEAs) to perform various tasks, such as data sharing, AI learning, and machine-to-machine transactions. This infrastructure is designed to facilitate the efficient exchange of data and services between different AI systems, IoT devices, and other digital entities.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Bitcoin - Why I chose to be flat..I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach,
covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength.
======================================================
RISK WARNING
===================================================
There is a very high degree of risk involved in trading.
Past results are not indicative of future returns.
S.M.A.R.T. Trader Systems Ltd and all individuals affiliated,
assume no responsibilities for your trading and investment results.
The indicators, strategies, columns, articles and all other features
are for educational purposes only and should not be construed as investment advice.
Information for stock observations are obtained from sources believed to be reliable,
but we do not warrant its completeness or accuracy,
or warrant any results from the use of the information.
Your use of the observations is entirely at your own risk
and it is your sole responsibility to evaluate the accuracy,
completeness and usefulness of the information.
You must assess the risk of any trade and make your own independent decisions.
Owners, employees, agents, representatives and affiliates of S.M.A.R.T. Trader Systems Ltd (www.AlexSpiroglou.com)
may have a position or effect transactions in the securities described herein (or options thereon)
and/or otherwise employ trading strategies that may be consistent
or inconsistent with the provided strategies.
SOUN HandleCup and handle patter identified + election year + not May yet. Waiting Fed non-decision to give markets one last boost and for BOJ to disappoint because of FED to push hikes to May as goes the ancient seasonal adage: ("Sell in May and Go Away" &" live to fight another Day," I say.
Note: Not Advice; otherwise, Advise w/an Advisor of an Adviser. History not equal to Future; duh, but required to be in good form. Thank you, Kris
US30 SWING SETUPGood day everyone
We are looking to go Short for the (short term)as we can see by previous data since OCT 22-DEC22 the market has moved 22% up and the pullbacks measure around 10-9% .Current market price sitting @21,8% ,Daily chart showing reversal signs/exhaustion of bullish trend,end of Q1 mark tends to reverse trend.we got untested daily highs @3695,51 & @35736 .We do expect a pullback to 3695,51 lines up with previous pullback range OF 9%,falls on the 50% FIB MARK,
Please let us know your thoughts
USD/CAD TRADE 3 BEARISHNESS So am still bearish on the pair based on the analysis price has given us a sell level on H4, givin formation of a double top...The correction market nature is coming to an end and sellers and coming in anytime next week...so make sure you get your confluence right before taking those sell trade.
Confidence is not “I will profit on this trade.” Confidence is “I will be fine if I don’t profit from this trade.
- P.Malese