BTC intraday camarilla pivots. bounce or breaklong from L3 to H3 and above. manage risk from L4 OR long from H4 to H5/6 manage risk at H3
short from L4 to L5/6 manage risk from H3
camarilla pivot points intraday levels
Setups
ETHUSDLooks like we are ending a wave 5 on the 15 min time frame. I set a stop at the 161% retracement fibonnaci not show for this one) from the top of wave 4 to the bottom of wave 5 if valid). Looking for a retracement of anywhere between 50% to 61% of the top of wave 4 to create our A wave. We might stat a new consolidation range here so lets see what happens. On the 4 hour time frame the A wave is already made. Price may want to retrace the high before further downside.
KHCLooks like we are in a range here. We just came off of a wave 5 motive. At some point, there will break out. If price doesn't break the high of (C) I would expect a retest anywhere between 61% to 100% of wave (A). Our stop loss is set at the top of the consolidation range. Happy Trading! This is a safe haven stock so be careful and dont use too much risk!
EURGBPLooks like we may be ending the 5 wave here. Usually, after 5 wave motives, there is an ABC zig zag of correction. Stay patient and see how this plays out. Set profit at A. Plan on riding the B wave up if we get a double top and Getting back in when price is ready for the C wave. Happy trading! Stop loss is set 20 pips above the current (5) wave in case it continues its streak. Bulls may be losing momentum here soon!
USDCADLooks like we are near a break out of this consolidation area which was created after an impulse wave to the downside. I believe that the USD needs to gain strength so there is some bias there. Just being honest. I would like to see price reach anywhere between 100% to 161% of wave 1. Let's see how it goes!
Do you agree?
"Learn, Do, Improve"
EURJPY Looks like a strong consolidation range here coming off of a recent 5 wave motive. Looking for the start of a new 5 wave motive to the downside if we get a breakout. Looking for 100% to 161% for our target range!
Do you agree?
CADJPY Looks like an "ABC" corrective or Zigzag pattern is forming. Double top near the 200 HMA. Lets see how this goes. Price action just completed a 5 wave motive impulse. Let's see what happens! We have safe targets set respective to Elliott wave rules.
Do you agree?
NZDJPYLooks like an "ABC" corrective or Zigzag pattern is forming. Double top near the 200 HMA. Lets see how this goes. Price action just completed a 5 wave motive impulse. Let's see what happens! We have safe targets set respective to Elliott wave rules.
Do you agree?
AUDJPY Looks like an "ABC" corrective or Zigzag pattern is forming. Double top near the 200 HMA. Lets see how this goes. Price action just completed a 5 wave motive impulse. Let's see what happens! We have safe targets set respective to Elliott wave rules.
Do you agree?
GBPAUD (Corrective Wave Setup)Looks like we are in a corrective wave. The wave before this was an ABC zig zag. We are on the bottom side of the MAC D at a strong support level. I know this looks like a bearish rectangle. However, usually there is a breakout to either the upside or downside towards the end of a corrective wave. In this area price has bounced in a range about 5 times since the initial pullback where letter "C" is. Bearish volume seems to be slowly declining within the last two to three candles. If this isn't an bullish impulsive or zig zag to the upside, I at least want to take profit towards the top of this corrective zone. We have our stop loss at the bottom of the corrective wave range price is creating and if hit, we will take another look for a better entry or just wait until the next sign of a clear trade. The daily, 4 hour, 1 hour, 30 min, and 15 min are matching the same Mac D level and wave pattern. If this wave is impulsive, we will take profit between 123% to 161% of the Fib zone! Let's see how things pan out over time. Not advice!
Bitcoin Scalp Signals for Weekend Trades🖥️ We have determined there is a 60% chance Bitcoin will Rise from our current entry point.
📉 LONG BTC - Entry Price : $22,965 📉
💵 Length of trade: we are expecting BTC to hit a $200 scalp, with a high end of $275, and a minimum expectation of $150.
- We are going for a rise up, to grab the liquidity created by the spike down today. Basically returning to its channel for at least a back test, if not re-continue the channel.
🕰️ Duration of trade: we are expecting this to occur within 4 hours of this signal, with a maximum duration of 9.5 hours . Sometimes the weekends drag on, so we are doing a longer than usual time.
Nike (pullback to make double bottom?)Looks like we may be entering into a corrective state of market structure. We have recently finished our second 5 wave impulse being that we are on a downtrend currently. We have been dealing with a bearish rally filled with good news from the media while there are still battles ongoing with rumors of war, inflation , supply chain issues etc. I could keep going but you get the point. Smart money is still being strategic about the manipulation so I wouldn't get too bullish . If this corrective wave is true, we would like to see a pullback into the B wave which should start a range for the new "ABC" correction before judging the next breakout. We have our stop loss set at the high of wave a to be safe and our target are at the 61%, 78%, and 100%, to account for either a "regular flat", "irregular flat", or a "running flat". Not advice of course! Let's see how this plays out going forward.
Thanks for the support! Remember, the better you is tomorrow but the current days needs enough attention to get you there!
ETHUSD (Daily w/ detailed outlook)Looks like price broke out the downtrend after the consolidation range between around Jun 19th - mid July. This started an impulse to the upside. However, we may be at the end of it with a 5 motive wave count ending with an "abc" wave at this current price where there is clear signs on a new range being made. We also have located a sign of weakness at this current level (where the arrows are at) with two straight bearish candles matched with two bullish volume candles below (where the arrows are at). I would love to see a breakout to the bottom side. Since this is a corrective state, I would expect the next move to be impulse. We have our stop loss set at the top of the wave 5 in case price breaks above this consolidation zone in case price wants to create another impulsive wave to the upside which I doubt will happen at this stage of the economy. I have target set at different level as we plan on dog walking this trade down and keeping our eyes on each consolidation stage. We will exit trade once price breaks out of a correction to the upside just to be safe. Let's see what happens! Not advice! Let's keep grinding!
Honestly, I quit my job a few months ago to take this serious. I know this is meant for me. Started this journey 2018 (check my first chart and see the difference) countless hours and sacrifice just like you! It's not about the money more than it is an art style and a way to create your own time schedule. I plan on getting better and helping out communities once I really grow this account. I appreciate the love and support. Are you dying to live too?
Been getting a lot of love lately and just want to show appreciation to the TV community. Let's keep getting better and continue to support other chart artists!
EURUSDLooks like we located a potential market anomaly on the daily timeframe (white arrows) . Also looks like we be at the start of the C Elliott wave. We have been on a downtrend for a while and we also just wrapped up an impulsive wave so it I would like to see price test the previous low anywhere between 50% and 70%. We also have an important economic day tomorrow for the USD so it'll be interesting to see how things go. I also believe that the dollar needs to gain some more strength through economic recover relative to lowering inflation etc. Happy trading!
VXX
Looks like we located a potential market anomaly on the daily timeframe. As we approach a potential end to the A/C wave, there looks to have been a sign of weakness as we have a few candles during the most recent a/c wave that are giving us some information (Bullish candle/bearish volume). Since then we have seen price start a small bullish move. Looks like an expanded flat where are at now. The MacD is starting to shift momentum towards the upside and would love to see a crossover while price attempts to reach up to 50%-70% of the previous wave (wave B) high. An impulsive wave would be an early Christmas. Happy trading!
GBPAUD Looks like we located a potential market anomaly on the daily timeframe (July 25th bullish candle/ bear volume candle). Price is in a range and could breakout to upside. We are currently in a consolidation/corrective wave state. We are on the 4th "ABC" pattern which could imply a stronger move to come down the road. Wanted to wait until we reached the c/a wave before positioning for a long. Looking for price to test the high or surpass the high of wave B between 50%, 76% or even past 100% (if impulsive). The MACD is starting to shift momentum as well. Happy trading! Not advice. Only an idea.
SPY (Yal thought it was over huh...smh)Smart money can't fool me off of good news! Looking for an ABC corrective wave to test the lows before a bullish impulse. Let's see what happens. They sell us greed to introduce fear and introduce greed when they sell us fear...
What do you think?
I'm from Chicago home of the Bulls and Bears so I see it both ways...
GBPUSD (ABC wave next ?)Looks like we located a potential market anomaly on the daily timeframe (bearish candle, bullish volume) . There seems to be an "ABC" wave setting up here. The anomaly was located on yesterday's daily candle close . Seeing how we just had a 1-5 wave structure, we may be ready for correction before price decides to retrace the highs. Looking for price to test the low or surpass the low of wave 5 between 61% , 100%, 123%, and 161%. The RSI is is overbought territory with the Macd approaching the top side. Happy trading! Not advice. Only an idea.
TWTR ( Corrective wave x Reverse Head n Shoulders?)Looks like we located a potential market anomaly on the daily timeframe (bearish candle, bullish volume . There seems to be a reversal head n shoulders setting up here. Furthermore, this also looks like an "abc" corrective wave. The anomaly was located on todays daily candle close we have been down trending since April. Seeing how we just had a 1-5 wave structure, we may be ready for correction before price decides to retrace the highs. We have our stop loss set at 10%. Looking for price to test the low or surpass the low of wave 5 between 38% to 61%. The RSI and MACD are both matching the top side. Happy trading! Not advice. Only an idea.
DKNG (ABC corrective wave to finish?)
Looks like we located a potential market anomaly on the daily timeframe . Price is in a range and could breakout. However, this also looks like an "abc" corrective or potential impulsive wave. The anomaly was located near the wave B extension where wave A originally started ( bearish candle, bullish volume ). If price passes the start of wave A before the bearish move, there could be signs of a breakout to the upside. Looking for price to test the low or surpass the low of wave B between 100% to 161% (if impulsive). The RSI and MACD are both matching the top side. Happy trading! Not advice. Only an idea.
USDCAD (Bullish wave approaching?)Looks like we located a potential market anomaly on the daily timeframe. Wave C has reached the 123% where the anomaly was spotted (bullish candle, bearish volume). If price reaches 161% before the bullish move, this trend might be impulsive instead of corrective. Looking for price to test the high of wave B between 38% to 61%. The RSI and MACD are both matching the bottom side. Happy trading!
What do you think?
Cisco (Possible short opportunity)We have located a bearish candle close with bull volume on the daily timeframe. On the 3 hour timeframe, we may be pulling back to the wave 4 retracement. I don't want to set targets because everyone trades differently. To add, the RSI and MACD are matching top side on both timeframes as a bonus. Interesting to see what happens in the future. Happy trading and not advice!
I'm trying to simplify these ideas. Bare with me!
AUDUSD (Possible short opportunity approaching)We have located a bearish candle close with bull volume. Not sure which part of the Elliott wave we are as I am still learning what to expect after a c wave recovery (daily timeframe). We are matching mac d and rsi (top side). I won't set any targets because people trade differently. Let's see how this goes. Happy trading. Not advice!
