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EURUSD Possible TradesGoodday traders, Price showed me strong Bearish momentum last week. Im looking for price to retrace in the beginning off the week to fill more Shorts mid term. For today if price retraces in the NY session i will be looking for a possible Long to take out BSL. The Long POI is under a current bullish swing, so im expecting people that are long to place there SL under the structure, and with it a chance for the market to take out the buy stops and new people trying to long on a obvious zone. Note that it can also hold the bullish swing and continue higher from there. The zone im playing my longs is untested 5min imbalance, creating a probability that there would be still long orders waiting to be filled. I will watch price for potential short entries if it will reach the short OB above. Can be a setup for tomorrow. No financial advice. Dave
Long
by Dave_DayTrader
2
Bitcoin Scalp Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Rise from our current entry point. 📉 LONG - BTC : $21,800 📉 💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $700, and a minimum expectation of $250. 🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out around market open for NYSE. 📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Long
by VirlVideo
5
ES_F Week Recap. Is there more upside? Review: This weeks agenda was short covering, market got too short under 3930 and we used the covering do drive us higher to our bigger supply areas where we can find more selling. We have successfully arrived at our next bigger time frame supply level. Wasn't an easy week to trade as they didn't make this move up as fun for everyone but levels held nicely and targets were reached. Last few data releases were different than what we are used to and trades take longer to set up so extra patience is required. End of day today we used the short stops that we built second half of the day to unload our inventory and run it up over 4103 where we found more sellers from where we dropped the bid end of day. The way we closed at first seemed bad for the longs in a way that we have trapped inventory over 4084 and that was that, after review it makes me think that possibly we just found supply and dropped our bid to cover lower but I think there is still some more covering to do up here. Doesn't seem like we are ready to reverse just yet.. Overview: Coming week has lots of data so it wont be an easy one, best to take it day by day and let the market show us what we are doing. Sunday Globex will have to show us the next set up... our potential support is under 4084-77, our position end of day was in that area as well. Monday is no news/data day which means less volume and after todays end of day drop we might have less bullish traders in globex so they can buy it back cheaper and try to make another run at it, depends where we open but we should be over T2 range which tells us more shorts are trapped under for potential support and if we run out of supply in 4100-4084 area then we will need to get more over Fridays high which if broken will create more buying to possibly get us to test next supply area. Our support is under 4084-77, red flag if we break and start holding under 4061-56, ideally we consolidate under or above support then start pushing away from 4084 again during RTH BUT since its a big supply area they might try to consolidate then get over 4100 during Globex since there is less volume and use that as support later in the day, if that happens we might will have to watch potential support under 4100 and resistance areas stay the same. Have to be careful up here because size is doing business here and they don't care what anyone thinks as they will get their fill or do what they need to do. We are towards an edge where things like reversals happen but that takes time to play out or can be very quick. If we did happen to finish this move higher and longs are trapped, we have to start seeing price break and hold below our lower support areas and moving away from this supply, until then they might keep moving it higher. Levels to Watch: Resistance: 4168-4162 //4143-37 // 4123-19 // 4100 Support: 4084-77 // 4061-56 // 4030-25 // 4012-08 // 3957-53
CME_MINI:ES1!
by HollowMn
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 75% chance Bitcoin will RISE from our current entry point. 📉 LONG - BTC : $16,605 📉 💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $350 - minimum expectation $175. 🕰️ Duration of trade: we are expecting a possible fast spike going up 150-200pts, then BTC to makes its way up to the prior level 16.85-17k by market close Friday. 📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Long
by VirlVideo
1
KHC (Range Trade)Price closed Friday under $40.50 after almost reaching that same price this week but stalling out near $40.44. This stock tends to move slower than others. $41.50 to me is a safe price range with zeroing out at $42 worst case before we lose money. Daily bar Friday closed under the most recent candle before that as well to note. Wave 3 may lowkey be a wave 5 but not sure. Might wait til the fed decision and cpi reports pass next week to get a second look.
NASDAQ:KHCShort
by Redimere_91
PFE (Range Trade)Since the recent news relative to the authorization this past week, price has been making higher highs and lower lows. Only 6 times this year price played around in the $54 -$56 area. I'm banking on price exhaustion from the recent "good" news this past week. Daily is overbought as well. Maybe we can get a bar close or two this week lower than previous to give us some time. If price reaches this resistance area, we will reassess Might wait til the fed decision and cpi reports pass next week to get a second look.
NYSE:PFEShort
by Redimere_91
DXYPatterns look familiar? If price tests the 103.60's, could we see a repeat? Higher PPI report came out today. Interest Rate Decision next week. What could CPI read next week? So many factors to consider. Fed said they will slow the amount of hikes but may get more serious about the level of hikes if data doesn't show good indicators relative to inflation. Price broke first trend line. Will it touch the second or not before the next market fall ? I personally believe we may be in the midst of a new impulsive wave to the upside.
CAPITALCOM:DXYLong
by Redimere_91
WHEN PRICE WANTS TO GO HIGHERWhen we are BULLISH and price wants to go higher it will create a TRIANGLE. After the TRIANGLE is Complete at a Macro PP price will consolidate and accumulate buy & sell orders aka MONEY aka LIQUIDITY. Once this accumulation is complete price will then head north and take out the previous high. Once this high is taken out it will reach for more liquidity aka buy stops above previous structure areas. Once these levels are reached price will then begin to stall and show signs of reversal (wicks, doji candles, consolidation) This is when we begin to look for the M set up and the DROP. Never over leverage. Trust your analysis. Have fun!
Long
by Master-Jedi-Trader