BTCUSDLooks like we are close to the end of the C wave on the daily timeframe. Sell volume is decreasing on the 2 hour timeframe with the current candle painting bullish (doji) at the moment with that in mind. We are in a session high volume area on the 2 hour timeframe. On the daily, we are potentially recovering and entering a retracement to the current wave and I want to see if we can retrace anywhere between 38% to 61% of wave C. The macd is also showing signs of momentum loss on the bear sentiment. The current daily candle opened higher than the previous candle's close. Let's see what happens.
What do you think?
Setups
AAPLI wanted to publish this earlier. I did enter this trade at open so be careful of any pullbacs. Looks like we may be done with the C wave of the elliott wave.I want to see if price can retrace wave B between 50 to 61%. The current daily candle has some buyer volume in and the previous candle is bullish with high sell volume. Keep in mind that RSI is oversold and may be crossing the 20 threshold. The Mac D is also on the bottom side and may start to lose bearish momentum. Let's see what happens.
What do you think?
4hr Sweep Play!This is the narrative:
The highs and lows get swept at certain times of certain sessions.
When this happens you can leverage this wisdom on a 4hr TF.
When you see a Market that is ranging at the top or bottom of their range; simply apply the 4WD Formula and watch Price line up with your set up.
Your opportunity presents itself on the drop candle. A SNIPE entry Tight Threshold and TZ at previous Structure is a very LOW risk HIGH reward set up.
As always NEVER over leverage.
Trust your trade set up.
Have Fun!
Lol it was like March 2020 pattern? 🤔What you think about it 🤔😂 ! But wait ✋ think about this analysis seriously or regret later 📉📈🔥....may be it can be take off on right now price ( between $17k or $20k ) 🚀 as compared to March 2020.
also btc big f*cking rally coming soon (In 2024 📈🔱) so best of luck 😉👍to all. Stay tuned ✅💸.
EURGBPLooks like we have a strong wick rejection right at the 200 ema on this timeframe. We could potentially be at the start of the C wave retracement toward previous low. We are oversold on the RSI and the Mac D is just about to cross so we might be a tad bit early on this trade and could possibly gain more bullish before the retracement is true just being honest. That is a possibility. If you look at the volume profile to the right, you will see that the current price is in a high sell volume zone. The selling pressure is starting to shift down a bit with a red candle open on the weekly. The bulls are still fighting so let's see how this looks by the end of the week. I only want to see if we can retrace 38% of the previous low. However, due to price action and wave analysis, I left the 61% and 100% targets there just in case.
What do you think?
VTI (Total Stock Market)On an analysis earlier that I published, the DXY may be ready for a retracement to the previous wave low. Now reeling back in on the VTI Looks like we may be close to being done with the C phase on this timeframe. Wave C has so far retraced Wave B up to 161%. I don't want to get too greedy until we see economic indicators start to peak out. However, I would like to see if we could reach the 38% retracement of Wave C in the near future. We still ended the week with large sell volume. However, on the 12 hour time frame, some of that sell volume has started to weaken down a bit. We may be early on this assumption. The K and D of the RSI has reached an oversold point. They haven't crossed up past the 20 level just yet. The MacD has crossed the zero line but hasn't shown any indication of momentum shift just yet. I want to be careful with price targets here so I will only keep it at the 38% level for responsible trading. Let's see what happens!
What do you think?
DXYLooks like we are in the middle of wave 5 of the Elliott wave. It may take a while for this wave to "potentially" retrace to the previous low of wave 4 up to 38%, 61%, or 100%. I would love to see that. I personally believe that we are getting closer to peak inflation although there are other factors contributing to the dollar's strentgh. From last week's reading, we might have open lower than the close. I see strong wick rejection from last weeks candle and would like to see if the bears start to take control. Our K and D of the RSI have started a cross down from overbought position on the daily timeframe and has already started the momentum downwards on the weekly. The MacD is losing momentum on the 12 hour timeframe so even though it hasn't shown true weakness yet on the weekly or daily in regards to a true momentum shift, we may be a bit early on this. Let's see what happens!
What do you think?
NZDUSDLooks like we are in the middle of a C wave of the Elliott wave. I want to see if this current wave (if valid) can reach the 61% or the 100% of wave B's high. Price jumped bullish at the double bottom located where the circle are. We may be a tad bit late to this trade. However, there is low sell volume on the current candle as we are also oversold on the RSI while making an attempt to cross up past the 20 level. Our Mac D zero line has crossed and may lose some momentum down the road. Let's see what happens!
What do you think?
AUDUSDPotential Double Bottom on Daily Timeframe. We may be in the C phase of the Elliot Wave so I want to see if we can retrace the previous B wave at the 38%, 61%, or 100% level. The current daily candle has low sell volume. We are also at and oversold point of the RSI as it is attempting to cross up past the 20 level. MacD has also crossed the zero line and may lose bear momentum in the near future. Let's see what happens.
What do you think?
USD/JPY LONG(BUY) IDEAUSD/JPY is a recommended BUY — Ascending triangle breakout(if price breaks below triangle pattern — pattern is invalid) —1hr timeframe
Overlays
- Trend line — 134.388
- Fibonacci Level 61.8% — 133.681
- Fibonacci Level 50% — 133.434
- MA30 level — 134.106
- MA60 level — 133.836 (perfect pullback to triangle support level)
Sub indicators
- Stoch RSI ( is in oversold territory - moving averages are in oversold territory - neutral slop )
- Chaikin Money Flow ( indicates participants are participating in the accumulation phase and shows strength in upward movement by staying above mid-point level )
Analysis
- Daily timeframe still have some bullish momentum according to sub indicators but close to overbought conditions
- 2hr timeframe shows a strong buy, possible breakout and strong accumulation on the money flow indicator
- 1hr timeframe technical analysis is displayed and possible entry points are listed above.
NZD/JPY New SetupsHello traders, we expect the rise to continue until the price faces the broken trend line, to retest i and reach the horizontal resistance + the 0.31 Fibonacci + top of decending channel then We have a strong selling deal.
If you like this idea, do not forget to support with a like and follow
Xauusd new setupsHello traders, We have a excellent entry to a short deal in case we reach the level of 1826 with the opening of the market, our target is 1780, and in the event of a direct fall, we will have the opportunity to buy from 1780, we can Confirmation with the rejection or engulfing candle, but short is best,
If you like this idea, do not forget to support with a like and follow
Tue Apr 26, 2022 - This Week's Hotness!Traders,
Unfortunately, this week, my video failed to upload to TradingView. However, it is against house rules for me to suggest where you might be able to find the video, so I won't do that here either. 😉 And on TV, I can't simply upload the one I had already made because it takes a live stream and converts it. So, on this one I am stuck posting without the video attached (here at least 😉).
The video explains why I think all of the following coins should remain on "This Week's Hotness" list.
----
Despite our pullback in the markets, there are still some good trade setups to be found. Here are the coins that I have on “This Week’s Hotness” list:
LCX, CULT, SNX, CHZ, SKL, AAVE, EOS, Comp, FOX, Luna (wluna), AMP, DNT, ACH, ASM, Coval, IOTX.
As always, the standard warnings apply. Always keep your eyes on the big dawg, BTC. Never risk more than you can afford to lose. Don’t bet it all on one trade. Diversify your portfolio. Be disciplined about your entry/exit points. Set
stop losses. Etc.
Best of luck to you all!
- Stew
⛓️ 🔗 Useful Links 🔗 ⛓️
(see below - especially my signature 😉 )
GBPCADMight be looking at an expanding running flat correction wave here. Phase "1" may be a bit over extended but the pattern may still be valid. We also have strong support at this level and is in accumulation stage potentially. Maybe we can get between 38 to 61% of the most recent high at some point down the road. I might've got n a tad bit early as the RSI hasn't reached an oversold point just yet. However, should be interesting how this plays out. Stop loss is set regardless for risk management.
USDJPY Ready to test the high?Looks like a good chance here to grab a retracement! Downtrend with a nice consolidation period at the current phase . We may be able to to squeeze at least 38.2% of the recent high on this time frame as the RSI and MacD match time frames on the 1 hr and 15 min for the most part. Let's see what happens!
DXYI want another pullback in the markets. But the market don’t care what I think . Hopefully this works out and we get a pullback large or small .
We could be at the end of the C phase and am looking for a retracement to the "5" wave 38% to 61%. Mac D and RSI is matching with the zero signal line having crossed over towards the down side.
What do you think?
GBPUSDWorking on Elliot waves so correct me if wrong.
Looks like we are nearing an end to the w-wave phase and entering the "x" phase. If so I would like to see a retracement of 38-61% of the "x" at the most recent double top. The 4 hour is oversold but the daily isn't yet. Could have more room to drop but I want to scale in now for a long term hold.
What do you think?