XAUUSD ShortGold looking to trap bulls going into weekly closure heading into 1671 price level
Trade setup is really good Risk to Reward
This is only for educational purposes, trade at your own risk.
Always use risk management, be safe.
Setupoftheday
US30 2h Setup I'm looking at US30 long setup going into London and NY, its looking pretty good as we are trading with bullish structure and price respecting some level of area I have marked up.
This is educational purposes only mind your risk and be safe in the market.
BTC Long Setups for todayBTC is creating liquidity at the moment by making a compression.
Its being made for a next impuls push, i will be watching the price in the green box POI to look for bullish conformation to make a new HH. I will look on the 1 MIN for bearish structure breaking. And create a limit long on the retest
There is still some Supply imbalances that makes it intresting to still look for a 3th push to the upside.
Also there is an Eliot wave 5 inplay and at the moment writing this its in retracement phase/Consolidation phase.
The long more below is intresting if price wants to test the lower levels demand and create alot off liquidty with a probability to move up with a strong impuls.
No financial advice.
BTC Long setupBTC broke Out off an downtrend, tested liquidity to the downside and made a W pattern that is a Common bullish reversal pattern.
BTC also broke the structure that made the Low on the chart
Alot off signs BTC looks bullish and is ready to make a full reversal to higher targets
Also BTC Completed a market cycle that consist off 3 Phases:
1: Accumulation Phase
2: Contraction/expension Phase
3: Impuls phase
And is now back in accumulation phase and making ready for the next move,
usually breaking out off the accumulation zone to the downside in this case with a Fake move to then move higher and reach the targets.
I hope this helps you to create A long setup for BTC.
Its also possible for BTC to already move higher from here or test the beginning from the impuls that made the HH.
No financial advice.
Long Setup BTCBTC is in a 15min Compression close to an important point to gain.
High probability market is building up liquidation to then make a HigherHigh push
BTC is in a downtrend so take profits before the target.
This is called a Fadeout play because you take the other side of what normal traders do when a breakout happens in this case is Shorting when it brakes out off the compression.
It leads to building up even more liquidation for the market to then push higher en hit alot of Short StopLosses.
If you have any questions feel free to ask.
No financial advice.
Possible Long setup for todayPerfect condition to take this long:
BOS
Makes HL
Filled total imbalance
SLPUSDT Long ScenarioYesterday SLP broke out of descending channel also breaking the triangle. We have the first impulse upwards and it makes sense now to wait for a correction and enter the market before the second impulse. I would expect a bounce between 0.618 and 0.786 Fib zones. Also in that area market would retest the descending channel and triangle. Market made a liquidity zone forming equal highs so that would be my target. I would put invalidation level below the "e" of triangle.
What do you think about this one? :)
BEARS STILL IN CONROL OF DAX..The Bears still look to be occupying the better part of the market against the bulls , even though we expect the Bulls to come in place maybe for a correction before market contiues with the Bearish trend.
JASMYUSD Long ScenarioJasmy made a huge move up recently, making an extended third wave of Elliot Wave analysis. I spotted a triangle which is a correction/wave 4.The price now is near 0.382 Fib level so I expect a bounce after triangle is finished. I would buy when the price breaks the triangle upwards and put stop below "E".
What do you think about it? :)
JASMYUSD Long ScenarioRecently Jasmy is showing very clear patterns. Based on Elliot Wave analysis I think we just had an extended third wave and the market should make a correction towards wave 4. Considering the rule that wave 4 can't go below wave 1 I am expecting a bounce above the top of wave 1. There might be a demand zone matching 0.5 Fib level so I will look for buying opportunities in that zone. Also in that zone we have 0.02 rounded number so I think it makes sense for the market to come back and retest this price level.
Risk to reward ratio is a 4.14
What do you think about this one? :)
Potential trades on GOLD | Going upOur strategy is normally executed on the H1 and H4 timeframes, but it also works very well on the day-trading periods as well. In this video, you can see a setup that we looked at this morning, but it's still valid a few hours later.
Don't forget about the NFP tomorrow and that it will bring some volatility to the market, which means if your trades are running into profit, make sure to go risk-free on them.
If we do see that move up to the mentioned levels, we will have to see what will follow next. Make sure to follow us for more setups like this.
Leave a comment and let us know what do you think.
Long SET: WORK. SL Low of the Day. Huge Upside potentialLets see if this plays out. Market is in a bullish phase. WORK is above VA consolidation, with 50EMA & 200EMA sloping upwards. Have to be wary VWAP from previous milti-year high.
Stop is tight, Low of the day. If momentum bursts continue to the upside, high odds for a good run. Low risk high reward.
USDJPY, H1 - interesting buying areaSome corrective move on H1 chart. Interesting support level made of two Fibo retracements:
- 61.8 fibo of last upswing
- FE 161.8 based on zig zag corrective wave
- S/R - previous resistance - now support
Bitcoin, M30 - intraday opportunity for buyAfter reaction on 50% Fibo, possible Leonardo harmonic pattern scenario at 78.6. There is also S/R zone in this area.
GOLD, H4 - Potential Shark patternPoint C is extension 161.8 of wave AB. Shark pattern will occur when price will react on 88.6. So possible some bullish move at 1730.
EURUSD, H1 - Ciekawe poziomy techniczne na wzrostyPomiar całej fali wzrostowej na wykresie H1 pozwala wyznaczyć ciekawe poziomy ewentualnej wzrostowej reakcji:
- 61.8 + 161.8 fali BC (ok. 1.1563)
- 88.6 + ZZB -> formacja harmoniczna Nietoperza (ok. 1.1536)
FTM! Wealth Creating Set Up. This great set up is looking great.
This was spotted at 0.16$.
The Hardest part was to reach 1$.
Once the 1$ broken the way 10$ is Easier.
Don’t forget to follow for update and great research on Swing trader Ideas with Great Risk and Reward.
Thank you for the support.
[SWING][LONG] BTC Correction before extensionHere's the setup I'm going to take on Bitcoin.
Considerations
The 12345 impulse wave followed by an ABC correction is what seems most probable from my point of view at the moment. The risk vs reward is there as well - we see we've formed an order block in the $39600 - $40000 area.
Note
This is only my setup that I want to track and it's not financial advice.
Trendline breakHow to trade bitcoin??
If you know the main trend - up or down it doesn't matter.
You see break strong bearish trendline. It is better to wait for confirmation, for confirmation you can use growing volume.
If is the main trend is running, then you can re-entry in correction.
Still same setup - wait for break, check the volume and buy.
This example is on 4H chart. For exact entry is better to use 5m chart and order book on exchange.
Feel free to ask if you have any question.
NZDCAD SWING TRADEHigh probability trade
The analysis begins from the Daily timeframe to the 4-hour timeframe execution zone .
5 wave structure complete with multiple wave structures currently in a 3 wave pattern internal structure (3-3- ((with a possibility of 5 to follow)))
Considering where wave B has ended we should consider a high probability that wave C might only go back to the previous high in the wave structure or point A
FDAX intraday 25 VIII 21 - Bearish structure Expecting some bearish momentum, that's why I'm looking for Short setups only today.
The best area which offer excelent R:R are levels around supply zone.
