[XAUUSD Short] 20 July, 2021 - Roger V Trading Ideas20/07/2021
XAUUSD
Entry Resistance level idea:
In between: 1905 - 1909
TP Support level ideas:
TP1: 1875
Ideally, stop at TP2
TP2: 1824
Looking for more opportunities, and further risk - continues to TP3
TP3 (Ideal): 1778
The critical Support level at 1684 - if break potentially further to 1583 Support
Critical Spot: 1684
Everything stops near here
TP4: 1583
Final SL for all Short positions:
1922 Resistance Level
Comment:
Gold XAUUSD Roger V Trading Idea analysed on 20 July 2021.
The main resistance level will be in the range of 1905 to 1909 to test out its all-time consolidation high in 2021.
If the momentum reaches near the expected resistance of 1905 to 1909 and did not show any signal of weakening in the combination of H1 and H4. This trading idea will immediately be ceased and do not continue.
To clarify the wording above, the word "near" taking the price above 1905 to 1909, 1902, and 1912 can be considered as "near" depending on the market situation with the momentum at the time.
If the market was positive to follow the trading idea trend as analysed. Roger V will consider placing a short position as planned when the H1 and H4 signal occurs for a short position and having the final SL to SL once it goes above or near 1922 as mentioned. Hence, 1922 can be in the range between 1918- 1925. This will depend on the market situation at the time to determine if SL or possible of fake breakout.
The first target TP will be aiming at the price near the 1875 support level, followed by 1824 (TP2).
If the market were to perform further with its bearish trend. A price further down to 1778 can be considered.
At that time, gold will be in a one-sided direction for a few months already. A lot of trading groups will all be chasing a bearish trend on gold. However, please do keep in mind if it continues to fall at the time, 1684 will be a critical support level of a breakout for a further fall for gold.
If gold were to get supported at the support level of 1684 and did not break. The bearish trend may change.
If gold were not to get supported at the support level of 1684 and did breakout. A further fall of gold may go to a possibly near the price of 1583.
If the market were to actually happen to this critical scenario, at the time any price that goes below 1650, Roger V will stop any trades, and not have any positions anymore for gold until the next long-term analyse scheduled in the group.
Time frame: The analyse on gold for this may possibly continue until June 2022. However, this may depend on the situation and will update further in the group if any variations.
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(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
--------------------
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Shortposition
[XAUUSD Short] 20 July, 2021 - Roger V Trading Ideas20/07/2021
XAUUSD
Entry Resistance level idea:
In between: 1905 - 1909
TP Support level ideas:
TP1: 1875
Ideally, stop at TP2
TP2: 1824
Looking for more opportunities, and further risk - continues to TP3
TP3 (Ideal): 1778
The critical Support level at 1684 - if break potentially further to 1583 Support
Critical Spot: 1684
Everything stops near here
TP4: 1583
Final SL for all Short positions:
1922 Resistance Level
Comment:
Gold XAUUSD Roger V Trading Idea analysed on 20 July 2021.
The main resistance level will be in the range of 1905 to 1909 to test out its all-time consolidation high in 2021.
If the momentum reaches near the expected resistance of 1905 to 1909 and did not show any signal of weakening in the combination of H1 and H4. This trading idea will immediately be ceased and do not continue.
To clarify the wording above, the word "near" taking the price above 1905 to 1909, 1902, and 1912 can be considered as "near" depending on the market situation with the momentum at the time.
If the market was positive to follow the trading idea trend as analysed. Roger V will consider placing a short position as planned when the H1 and H4 signal occurs for a short position and having the final SL to SL once it goes above or near 1922 as mentioned. Hence, 1922 can be in the range between 1918- 1925. This will depend on the market situation at the time to determine if SL or possible of fake breakout.
The first target TP will be aiming at the price near the 1875 support level, followed by 1824 (TP2).
If the market were to perform further with its bearish trend. A price further down to 1778 can be considered.
At that time, gold will be in a one-sided direction for a few months already. A lot of trading groups will all be chasing a bearish trend on gold. However, please do keep in mind if it continues to fall at the time, 1684 will be a critical support level of a breakout for a further fall for gold.
If gold were to get supported at the support level of 1684 and did not break. The bearish trend may change.
If gold were not to get supported at the support level of 1684 and did breakout. A further fall of gold may go to a possibly near the price of 1583.
If the market were to actually happen to this critical scenario, at the time any price that goes below 1650, Roger V will stop any trades, and not have any positions anymore for gold until the next long-term analyse scheduled in the group.
Time frame: The analyse on gold for this may possibly continue until June 2022. However, this may depend on the situation and will update further in the group if any variations.
--------------------
(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
--------------------
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
CRYPTO SHORT HUNTERits a normal condition in cryptocurrency to pump up till hundrets or thousands percents becasue of high volume or hype.
latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry.
this is a few tutorial, trial, high risk tutorial for shorting the top.
very high risk, because we couldnt define the resistance area before it reach ATH.
so, to define probability of the latest ATH is to combine many things!
1. use Wyckoff scheme in low timeframe (3m-1h tf) to define the distribution scheme
2. combine with oscilator, define the trend reversal
3. draw important support line.
4. extra dicipline in stoploss!
Bitcoin Analyze (Short Term/Timeframe 30min)!!!hi everyone, could you take profits these days from the market? I hope that your answers === yes✅
I tried to explain all information about Bitcoin's way in my Previous post, Please read this post 👉
Bitcoin Analyze (BTCUSDT) Timeframe 30min ⏰
We saw Fake Break (31620$ until 30960$ (Support + Cluster of Fibs+ the lower line of Descending Triangle ) == Heavy & important Support) yesterday and some of the traders took profits from that break (although, it was risky).
I was able to find 🦈 Bearish Shark Pattern🦈while Point D of this pattern is on our Resistance Zone + TRZ (Time Reversal Zone⏰)+ Timeframe 1h we can see Shooting Star💫(bearish candlestick patterns) pattern on TRZ
In addition, the price is near The upper line of Descending Triangle==Resistane Line + our Bearish 5-0 Pattern can work around the current price (See my previous post).
Also, Price is reacting to EMA12
Ascending Trend of RSI has broken 👉https://www.tradingview.com/x/kp1IdkqI/
We can see End of movement (Uptrend) at Stochastic.👉https://www.tradingview.com/x/gdQtTCK2/
We have Divergence (RD-) between Price and MACD until NOW❗️👉https://www.tradingview.com/x/zmK955vc/
I am deciding to share Bitcoin Long-term Analyze (Monthly Time frame)📆 on each post that I will publish about Bitcoin: Please read this post carefully ( I LOVE THIS POST😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/
My Suggestion: We can wait for breaking(Trusty) EMA12 (to DOWN ).
Take profits for Short Positions :
Take Profit 1: Around 33411$ (Daily Pivot Point)
Take Profit 2: Around 32800$ (Support Zone + Point A of Bearish Shark Pattern)
Take Profit 3: 32180$ until 31680$ (Weekly Support 1 +Daily Support 1 + Point C of Bearish Shark Pattern)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
First target is about 36000$Rectangle Channel Chart Pattern
bearish rectangles are continuation patterns that occur when a price pauses temporarily during a downtrend – they offer you a selling opportunity. ... you place your profit target the same distance below the rectangle's original support level as the distance between the rectangle's two parallel lines.
CRV SHORT Opportunity !CRV raised toward the Fibonacci 0.786 level after collapsing from 0.00008500 area. Now it's under the resistance zone and we can expect a retracement in its uptrend from 0.786 level of the Fibonacci. We can also see a bearish divergence in RSI in the 4H timeframe. Try to catch it under the resistance with low risk.
EOS/USDT head and shoulderBINANCE:EOSUSDT
According to the pattern of head and shoulders that we see in the chart
To complete this pattern, the price must fall
If we want to move forward according to the pattern process, we have to wait
Stay until the neckline of this pattern is broken down
And then we can enter
EURO vs USD Head and Shoulders Setups Short setup depending on your appetite for risk you can
either set alerts and wait for the break of the neckline with
a back test and a candle close outside of the neckline before going then short.
A stop placed at the previous swing high.
Alternatively look for shorts at the resistance at the top of the right shoulder.
Again depends on your appetite for risk
We have a measured move taken from the peak of the Head to the Neckline
which aligns with volume profile with additional confluence
at the .618 fib pull and the .25 fib fan .
Set alerts and wait for the trade to come to you always know your invalidation
Gold Futures Short Swing Trade GC1!Gold sitting at the top of the Descending Channel
presents a great short opportunity .
I have marked all the levels going down to the
bottom of the channel which were determined using
Fib Pull from last swing high .
Above us I have marked areas of resistance and it remains to be
seen if we see a change in market structure but until then i favour
a short setup .
Also when looking at the DXY index i think we will see a recovery in the
USD to around 91.3 which will put Gold back under pressure and thus keep gold
inside of the descending channel .
1790 will be a tough level to break down IMO as the 100EMA and 200EMA sit here this would also make a good TP1
This setup has a simple invalidation as detailed in the chart but of course set your own levels
pertaining to the percentage risk you are happy to use .
Please support my Analysis with a Like and Follow
EURUSD! more momentum to the upside and forecastinghi Traders,
Trade was entered after a small drop from the double top. As coming to the end of last week, the price is just hovering trying to form a bearish flag formation. which will move to the downside touching the bottom of the smaller structure which will potentially form a bigger bullish flag formation (See yellow drawing).
i foresee for next week, it will move up to the top of the structure one more time before pushing to the low.
Are we headed back to $396 on SPY... Looks like it to me !I was able to catch the downside play a couple weeks back and entered mid June puts on Spy based on this chart. I began to notice that each time we broke above the top trend line we ended up pulling back to the 50 ema. Each time there was a recovery to the 20 ema but could not close a candle above the 10 ema and then quickly pulled back to or below the 100 ema. My current target is $396 by early June. Let me know what you think . Thanks !!
#USDCHF bearish movement may continues For #USDCHF again we had a failed setup. At the moment I don’t open any position unless I see a correction to flag point. At that point, I will open short position to mentioned TPs.
#usdchf #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
#AUDUSD toward our targetFor #AUDUSD the market will move down @least for 8 days. Our targets are 0.75601 & 0.74273.
If you are in sell position, keep your SL at 0.78234. now it is good time for a sell position.
Let’s see ENF will give us what we want or not.
#audusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave