Get started

Sfp

EUR/USD Scalp IdeaPay close attention! This is the Last 7 Days (Trading Days ofc) ! I drew the London Session's Low , You see Every time we Hunted the London Low in NY Session and Reclaimed it, So We had a Scalp Chance to Long at London Low and Take Profit after 24 hours. the only day that we didn't reclaim London Low, it was Thursday and the price was effected by the news. Thursday's News: 🕯USD: Core PPI m/m 🕯USD: Core Retail Sales m/m 🕯USD: PPI m/m 🕯USD: Retail Sales m/m 🕯USD: Unemployment Claims Do you Think we Should keep using this Pattern for the next couple days? How we can improve our Stop and TP?
Education
by rohi99
SafePal Signals a Bullish Rally..?!! 🚀SFP Today Analysis💎Over the past few days, SFPUSDT has been crafting a descending channel. A recent breakout from this descending channel suggests a potential shift in market sentiment. 💎Currently, it is trading above the 50-day Exponential Moving Average (EMA), which also confirmed the bullish scenario. Trading above this moving average indicates strength and positive momentum for SFP. 💎The presence of high demand in the market is anticipated to significantly contribute to a bullish run. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
Long
by MyCryptoParadise_Simon
29.5K PIVOT POINT After many days of sideways choppiness between 29 & 29.5K. The pattern was broke sending us into that FVG I have mentioned in previous posts with a target of 26.5K. However, having dropped down to 28.5k and back up to 30k in 11 hours some volatility has been reintroduced into the market in the short term. I have mapped out a mini range that I am observing, the 29.5K pivot is still the controlling factor in my mind. Now that price has deviated above and is now back in range printing a SFP, in addition to a bullish orderblock that is providing a reaction as the time of writing this post. I still think we have some downside to come should this reaction now clear the pivot point of 29.5K Because of this, I am still confident that reaching the 26.5k target is possible. Regaining 29.5k confidently and proof that it is now support would make me reconsider this strategy.
by ProR35
CPI (June)CPI YoY: Forecast: 3.1% Previous: 4.0% Actual: ? With CPI on the very near horizon, here are my thoughts on what Bitcoin could do in terms of price action: Bullish scenario - We all know that CPI tends to be a volatile event with aggressive whipsaws in price in both directions irrespective of the outcome. Therefore there is an opportunity to capitalise on the frantic LTF price action. For the bulls A good place to enter is the local range low if we see a reclaim after a demand zone sweep. I think this is fairly likely and ideally we see price move to the downside first upon the data release as in general, THE FIRST MOVE IS THE WRONG MOVE... following this initial move to the downside a reclaim would be primed for local highs in my opinion. If there is no reclaim then unfortunately there really isn't much support on the way down as BTC would seek to fill the FVG at 27K. A reaction off this level will leave BTC in a good place to attack 32.5k, reinforced with the ETF narrative and decision coming not too far down the line. Bearish scenario - As was suggested previously, the first move is wrong, therefore the second move is the true move and for the bears it's the opposite to the bulls. If we see price move to the upside upon data release, I would like to see a SFP of the local range highs before entering short with the range midpoint as first target, then range low, then FVG as final target. If that LTF range high holds after being broken, I would like to see a strong wick up into 32.5K resistance and a reaction off this level to the downside and supply liquidity has been taken. Any slow grind up into this level would have me concerned as to BTC printing a swing fail and not just blasting through after consolidating. If that does play out then I would re-evaluate and stay in cash while doing so. Reminder: First move is the wrong move. CPI is usually very volatile and therefor risky. It's easy to FOMO into random positions as a gamble, the market usually wins in those positions.
INDEX:BTCUSD
by ProR35
10/07/23 Weekly outlookLast weeks high: $ 31542.8 Last weeks low: $30610.1 Midpoint: $29677.4 Previous weeks price action tells an interesting tale. Beginning the week precisely on the midpoint of the week and ending on the 0.25 line. The choppiness from last week follows a similar pattern to weeks previous, the target for the bulls of 32.5k and above is still in sight. Last weeks new local high of 31.5k took out the previous local high but has now printed a swing fail pattern (SFP). With CPI on Wednesday this could be a high volatility event to get to that 32.5k wick and take liquidity in the supply zone. Just an idea. As of now there is quite a large FVG at around 27k and this should be the bears target. I think this has an equal chance of happening as the 32.5k, however, losing 29.1k and acceptance below that level will increase the possibility of that happening and the added confluence would prompt me to look to go long around that 27k level. We will see once we get there. Good luck to everyone this week!
by ProR35
SFPUSDTHello Crypto Lovers, This is a 4H frame analysis for SFPUSDT As you can see, the price is in a downward trend and is fluctuating. We can consider a bullish pattern, but if it can establish itself above its resistance line and move above it, it can start to move towards its own resistance lines. However, if its support line is broken, it can start to move towards its second support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
1
SFPBUSD - Make or Break Triangle Pattern about to burstI've been following this asset since March '22 and it followed the downtrend pretty strongly until it entered into a massive ranging mode. Even though the whole market was moving a lot, this coin continued to play under this strong range. Right now, I've managed to see a triangle formation which I believe it's crucial to identify which way price might go next. We either get a breakdown which signifies a downtrend continuation or we continue to play in the range and it's time the bulls take over temporarily. If we get a breakdown this would be potential profit target zone: 0.2579 - 0.2899 Since it's a ranging market it could just go either way and could be hard to predict. Manage risk accordingly. Happy Trading! ♥
S
by KinaStar
SFP/USDT - SafePal: Golden_Cross◳◱ We've detected a Golden Cross pattern on the SET:SFP / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the current price zone at 0.4756. The next resistance key levels are at 0.4825 | 0.5292 | 0.6481 and the major support zones are respectively at 0.3636 | 0.2914 | 0.1725. ◰◲ General info : ▣ Name: SafePal ▣ Rank: 161 ▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Mexc ▣ Category/Sector: Infrastructure - Wallet ▣ Overview: None ◰◲ Technical Metrics : ▣ Mrkt Price: 0.4756 ₮ ▣ 24HVol: 16,405,027.469 ₮ ▣ 24H Chng: 16.597% ▣ 7-Days Chng: 32.89% ▣ 1-Month Chng: 17.59% ▣ 3-Months Chng: 9.56% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.4825 | 0.5292 | 0.6481 ◢ Support: 0.3636 | 0.2914 | 0.1725 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 0.27 ▣ Last 90D: -0.34 ▣ Last 1-Y: 0.79 ▣ Last 3-Y: 0.75 ◲◰ Volatility : ▣ Last 30D: 0.69 ▣ Last 90D: 0.61 ▣ Last 1-Y: 1.12 ▣ Last 3-Y: 2.37 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth SFPUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BTC Daily Trade Idea In light of the new SEC/Binance news BTC fell off a cliff towards the midpoint of the 4H mini-range we have shown. In the middle of this range there's a bullish orderblock that I think could cap off the downside from this news. This is the first potential trade in my opinion after breaking lower and continuing the new downtrend. 2) The second potential trade is the reaction off the bullish OB and back up to the initial breaker, for me if we sweep liquidity of the supply zone and get back under, then we continue the downtrend and that leads to the third trade idea. Longing against the trend and news could be dangerous so this is quite risky. 3) The third and largest trade idea for BTC is the swing fail pattern confirming a downtrend and lack off confidence. That coupled with traditional markets such as the SPX & NASDAQ climbing higher but due a correction, I can see a retest of lower down, filling all the inefficiency and potentially marking the end of the bear market rally.
INDEX:BTCUSDShort
by ProR35