Short-term
Silver has the potential to continue the uptrend"Contraction" and "Expansion" patterns have been formed and are followed by the First Leg and Second Leg which are marked as confirmation that Silver is continuing its main upward trend.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
DOGE short term shortAs you can see at my graphic DOGE will have a little correction before going higher.
Sorry mates (⌣̩̩́_⌣̩̩̀)
EURAUD Long Trade SetupThe last low can be the end of the correction and the structure after that can be the reversal pattern. That's why I placed a pending order. If I see a lower degree trade setup at the end, I'll modify my order. As you can see, there is a chance for one more drop after an upward impulse. That's why I'll probably hedge my trade if I see a complete running flat between the blue lines.
DOGE / USD - Scalp Long Setup (+50%)Yep.. out of nowhere.. Here it is. A DOGE / USD - Scalp Long Setup with a potential of +50% gains
I closed my shorts & switched back bullish (at least very short term)
This bullish scenario would invalidate the previous 'Sudden Drop Protocol' idea, of course!
Let's see which one plays out. For me this one just became my primary count.
I'll keep you updated! :)
Stay tuned! 🤞🏽🙃
NZDCAD Short Trade SetupIt seems a running flat is in the making. I'm waiting for a new high and reversal pattern to take a short trade. When I see the end of the C wave, I'll hedge my trade.
DOGE/USD loading Sudden Drop Protocol?
DOGE is passing a significant PTP (price-time pivot) in this hour.
I'm expecting a sharp drop, followed by an instant buy attack - pushing the price back up for at least a local top retest.
Will update this. Stay tuned & check my twitter, if you wanna be up to date.
Trade safe! 🤞🏽🙃
GBPCAD Short Trade SetupIt looks like a running flat is in the making, and if so, the last top can be the end of the B wave. Then we got a reversal impulse. Now, I'm waiting for a reversal pattern to take a short trade, because we may have a complete correction. But my main forecast is one last upward movement for a bigger correction.
PLUG POWERGuys this is a very promising company in the long run, but it is overbought and therefore we could see a sale in the short term.
The main electric car etf fell 5% and this is one of the companies within the etf.
Want to know what I believe? This is a small accumulation phase.Ethereum and most of its high profile tokens seem to be getting ready to make a move to the upside. Over the past 6 months every time, the RSI hit 57.5 Ethereum made a substantial move up. At its current velocity, this will happen somewhere before the 4th of February.
Now, like any starting bull cycle, we may go sideways or move down instead, however it seems unlikely to go below the 20-week WMA that currently resides at $700. And for most of us, that is still a ways above our Dollar Cost Average. So hold on tight and enjoy the ride. 2021 is setting up to land on Mars.
KSM/USDT - Short term HS w/ in Ascending Channel- Bounce for Up!Hello Traders,
We are seeing an ascending channel formed on the uptrend.
I believe we will see a Head & Shoulders pattern formed within this channel for a small pullback before breaking the channel to go up. We are currently in price discovery and I'm not seeing any reason for a slow down. This is always fun, bc if you buy right you can just trail your SL or TTP and ride the price up. But it's always smart to have Take Profits set to control what you're keeping along the way.
When we get this pullback, I'm looking for a bounce off of the EMA 26. Short term, targeting the FIB 1.62.
Mid-term, I'm going to be targeting $120 +/-
Good luck!
BTCUSD - H1it seams price will try 36700 again and make a short time uptrend to 39000
Entry price (buy limit): 36700
Stop loss : 36350
Target : 38800
R/R : 1/6
BTC - H1 - CORRECTION UNDERWAY...short term strategyH1 : Recent rally looks to be over ! Indeed, after having filled the 61.8% Fibonacci retracement, BTC is now showing
a potential double top in progress. In addition, indicators are turning down and a first confirmation will be given
by a breakout of the Tenkan-Sen (currently @ 37753, ahead of MBB@ 36963 and finally Kijun-Sen @ 36407 !
A failure to hold above the trading range above mentioned would trigger further dowside, targeting first 35514, 34500 and 33487.
The latter level being also, currently, the bottom of the clouds support.
Strategy : sell from current level (38288 and towards former high 38790)
TP @ 34'500
SL @ 39'484
RR : 1:3
TATA Motors Limited ( TATAMTRDVR) Bullish On weekly chart.NSE:TATAMTRDVR
TATA Motors Limited ( TATAMTRDVR) showing breakout to the level of 83 on weekly chart and looks good for those who are looking short to long term investment.
Right now it has a good support near 50.
An old book once taught meIf you have ever read the book "A successful investors letters to his son" then you know one of the key things he does is buy into Short Term bonds when the market looks to decline.
We cannot time the market perfectly but putting this out there one of the better short term note products on the market. This and FLRN.
BTC - Potential Short-Term ShorAt the moment of typing this, BTC is testing its 1st Ichimoku Cloud Support on the 1hr chart. If that 1st IC support fails then it will become our new Resistance. We can also see that BTC is testing its lower level of its Bollinger Bands. For confirmation of the potential downwards momentum, wait for the Ichimoku Conversion Line (Blue) to cross back under the Ichimoku Base Line (Orange). If we just use the Ichimoku Cloud then we can see our next of potential level of support is the 2nd Ichimoku Cloud support at $36,000. If that 2nd support fails, then BTC will finally be in a short-term bearish trend because it will finally be in the Bearish Zone of the Ichimoku Cloud System. Looking at our Average Directional Index, the ADX line is 34 and the -DI (Red line) is at 35 and the +DI (Green Line) is at 11 indicating the short-term downtrend is strong. Good Luck
