Synx BTC - Great potential for profits here. target 1 1880This coin is finally showing some strength after losing almost all of its gains over the last months,
Yesterday we had a big upward movement, The value has dropped down as expected and finding support at fib retracement.
RSI is turning up, TD sequential is starting to show upward momentum coming.
Measuring off of the last upward move and the retracement - 1st target is near 1880 + minimum movement,
Although this Idea is on the 1 hour chart, Positive signals are showing up on all time frames.
This coin swings fast and the potential gains are huge.
These gains do not come without risk.
Only trade what you can afford to lose
I am hoping to see this northern momentum continue
Mac D is looking positive as well.
Buy-in range above fib retracement - 1000
This is not financial advice but instead a trading opinion
All trades are done at your own will.
Enjoy the profits!
Happy Holiday season
Strength
MSCI World Index: Correction then 2.5% further Upside to 6015MSCI World Futures Index USD FMWO1!
An excellent day for bulls all over the world.
Now most markets are testing important resistance levels (Hang Seng, Sensex, SPX and Nasdaq)
and are vulnerable to fairly light profit taking in the very near term.
The MSCI World Index is also very close to resistance at 5873.
Has to break above here to confirm further strength back to the 6000-6015 range - about a 2.5% burst.
It looks likely to manage this sooner or later.
If it's to be later it should find good support on any retest of the rising dynamic at around the 5752 level.
Look for confirmation to buy a favored major market again either here - or if we don't get it then on a break above 5875 looking for an averaged rise of about 2.5%.
AUDUSD POTENTIAL LONG OPPORTUNITY (TRADE UPDATE) AUDUSD TRADE UPDATE
Okay so last week I had done analysis on the AUDUSD currency pair for a potential long opportunity. The market had showed me that this was a potential opportunity because on the daily timeframe the market failed to make a new low and that was followed by a strong momentum buyer strength. It had also broken structure on the 4H timeframe and based on the momentum it is showing me that it is a legit breakout above that structure. This opportunity seems to have more of a potential to go to the upside then it does to the downside, also leaving us with a better risk/reward ratio.
Watch the daily timeframe and the 4H timeframe for a potential continued weak pullback into that structure zone down at .71400 area. If we see the continued weak re-test (showing buyer control) and we see strong buyer interest come back in after this pullback then we can look to take this pair to the upside up into .74400
Keep an eye out and always remember to let the market show you what it wants to do next! ALWAYS make sure to use proper risk with your trading setups as well and stay disciplined to your trading structure and habits. Lets see how it plays out!
Cheers! Please like and follow my page for my trade ideas and profits !
AUDJPY Showing StrengthWe are now seeing strength come in on the AUDJPY pair. Still need one more confirmation before entering on a retrace. I would love to see sellers abandoning this pair at it's key levels so we can enter with high probability on a retrace.
As usual detailed explanation of the analysis can be seen on Youtube.
GBPUSD POTENTIAL SHORT OPPORTUNITY GBPUSD POTENTIAL SHORT
I had recently became aware that across the board the GBP currency dominant pairs had seen a sharp, heavy volume seller interest across the board. When we see correlation in the market it shows us that there is interest globally in that specific currency and in this case its displaying interest in a short for the GBP. I had seen that overall this pair had been in a downtrend and then when I had looked at the weekly time frame graph I had seen the huge wick to the upside displaying that the buyers tried taking price to the upside but were very aggressive shut down by the sellers, showing me who is in true control at the moment. Remember trading is all about probability so you always want to let the market show you what it wants to do rather than you trying to tell the market, trust me it makes a huge difference. So here is my analysis on GBPUSD.
1W Chart:
* on this timeframe you can see how price tried coming up to the 1.3300 price handle but had been smashed down by the seller
*the weekly timeframe candle had shown the attempt by the buyers and very strong rejection by the sellers
1D Chart:
*On this timeframe you can see that the buyers had tried creating a new high and was suddenly followed by very strong push by the seller
*the overwhelmingly strong seller strength bias on the daily is showing me that the seller is very interested in taking price lower against the USD
* look for a weak re-test by the buyers, to get better price and to confirm that the seller is in control
4H Chart:
*use this timeframe for more specifics on the pullback and look for strong seller interest back in the structure levels around 1.31500 handle
*use this timeframe for good risk/reward setup trade entry as well
Always make sure you allow the market to show you what it wants to do. Not the other way around. It allows you to stay in the flow of the market movement and allows you to keep an open perspective on where the market is heading next, without what we believe. At the end of the day it doesn't matter what we think, we aren't what moves the market, let the market (big boy) tell US what it wants!
Keep an eye on this pair! Cheers!
p.s. please like and follow me on TradingView for more trade setups!!
$MNTA Price is holding the sma50$MNTA Is uptrending, it just gapped down to its sma50 and bounced off that level. $25.00 looks like the area of support, it was also a previous swing high resistance, so now it should be a swing low support. The stock closed green when major U.S. indexes closed red, so it's a sign of strength.
URBAN outfitters longAgain, as per my forecast of Sept. 3rd , URBN could go long up to resistance area highlithed.
Buy at market open and TP from 47.72 to 48.50.
Stochastic is supporting this idea and SCTR is high enough for a buy.
LONG on IBM ready for break out.The overall market did not do so well today. Netflix, Apple and other large tech companies experienced significant sell-offs today as well. Despite all the red across the tech board, IBM managed not only to stay positive, but it has experience some significant buying pressure. IBM is also very close to the 200 sma and is making higher lows towards it on relatively solid volume. The bulls are showing dominance. The volume on the day is about 3.1 million so that is very close to the average of 2.99 million. Increasing volume will be a great confirmation of this move. I have taken a long position, however, I still treat this like all other trades and keep my stop-loss relatively tight just incase there is something I might not be seeing.
AUD/USD finally turns and sets up (idea update #4)This was the sequence I was waiting for all week.
Bears reclaim control with strength, the move slices through the entire zone, THEN price stalls....it's a beautiful thing.
Please refer back to the attached ideas/charts from earlier this week, you'll see my commentary. Specifically, it's the strength of the move through the level that put this pair back into playable territory.
EURCAD SHORT 1H (short term) EURCAD SHORT
4H Chart:
*This chart is displaying that this pair is in overall downtrend
*When retesting structure the seller showed a strong interest for this pair
*Heavy seller strength came in resulting in a lower-low lower close on 4H candle (bearish engulfing
1H Chart:
*This pair had come into structure on the 1H and been SLAMMED down by the seller
*Stronger momentum on seller side
*Look for one last re-test into structure before possible rollover
Always make sure to have a trading plan and to stay discipline to it. Never risk more than 2% of trading capital and always have a good risk/reward ratio.
Cheers!
EURUSD POTENTIAL SHORT EURUSD POTENTIAL SHORT
1D Chart:
*On the daily time frame price had broke/breached recent significant structure around the 1.15300/1.15500
*The 1D chart is in a seller trend
*Strong and healthy momentum by the sellers to the downside
4H Chart:
*4H chart is in an overall downtrend
*This chart will give us a good idea if price comes into significant structure, what the seller strength looks like
*Wait to see strong seller interest on this timeframe in the structure area, if looking to short this pair
1H Chart:
*This chart can be used, if seller shows his interest, to have precise entry based on momentum and candle.
*Use this for good risk/reward setup as well as precise entry if seller shows good strength/interest still
Always make sure to have a trading plan when approaching the markets. It is important to stay disciplined to your plan always and make sure to follow good risk management rules. Never risk more than 2% of capital and always have a good risk/reward to make it a more high probable setup.
Cheers!
$SYNH Good spot for entry$SYNH close to sma50 and trendline support, looks like a good spot for entry and ride this uptrend. Major U.S. indexes closed red, and this stock closed green with 1.06x average volume, that's a sign of strength.
BTC (VOLUME STRENGTH CANDLES) **NEW INDICATOR***INDICATOR:
Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON (I changed mine to purple) Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is BETWEEN 50% & 150% of the Lookback / Length (13 default), Neutral Bear Volume Neither strong or weak
ORANGE Bear Candle with WEAK VOLUME (Less than 50% of the Length / Lookback)
DARK GREEN Bull Candle with STRONG VOLUME MORE than 150% of lookback
GREEN Bull Candle with Neutral VOLUME BETWEEN 50% & 150% of the lookback / Length
AQUA Bull Candle with WEAK VOLUME less than 50% of the Lookback
Is price confirmed by volume?
Can Change the Lookback / Length from 13
Can Change the Colors and Transparency to easily see based off your chart background colors I recommend ZERO Transparency to easily identify volume strength (i use white background but many use black or other)
FULL volume based LAYOUT: www.tradingview.com
My VOLUME BASED layout below including VOLUME STRENGTH CANDLES Layout www.tradingview.com
volume strength candles
//StokedStocks Volume Strength Candles / Bars (VSC)
//Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback / Length (Strong or Weak Bulls // Strong or Weak Bears)
//Candles / Bars Indicate the Following (default 13 period lookback / Length)
//MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
//RED Bear Candle while VOLUME is BETWEEN 50% & 150% of the Lookback / Length (13 default), Neutral Bear Volume Neither strong or weak
//ORANGE Bear Candle with WEAK VOLUME (Less than 50% of the Length / Lookback)
//DARK GREEN Bull Candle with STRONG VOLUME MORE than 150% of lookback
//GREEN Bull Candle with Neutral VOLUME BETWEEN 50% & 150% of the lookback / Length
//AQUA Bull Candle with WEAK VOLUME less than 50% of the Lookback
//Is price confirmed by volume?
//Can Change the Lookback / Length from 13
//Can Change the Colors and Transparency I recommend ZERO Transparency to easily identify volume strength
AAPL "Volume Strength Candles / Colored Bars" **NEW INDICATOR**Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is BETWEEN 50% & 150% of the Lookback / Length (13 default), Neutral Bear Volume Neither strong or weak
ORANGE Bear Candle with WEAK VOLUME (Less than 50% of the Length / Lookback)
DARK GREEN Bull Candle with STRONG VOLUME MORE than 150% of lookback
GREEN Bull Candle with Neutral VOLUME BETWEEN 50% & 150% of the lookback / Length
AQUA Bull Candle with WEAK VOLUME less than 50% of the Lookback
Is price confirmed by volume?
Can Change the Lookback / Length from 13
Can Change the Colors and Transparency to easily see based off your chart background colors I recommend ZERO Transparency to easily identify volume strength (i use white background but many use black or other)
INCEPTION BTC EDITIONStudent of the game!
TRIANGLES FOR DAYYYYYSSS. INSIDE OF TRIANGLE INSIDE OF TRIANGLE!
It looks like the power is in the hands of the bears as is to me. A pop upwards would rally shortly with a bigger fall. As you can see, what I was saying in the video I posted earlier....theres stronger sell presence than there is buy (arrows). BTC is playing a game inside of our minds at the moment.
Manipulation has to stop somewhere before 11,7 for sure. I am willing to hold out on gains though it is very tempting to jump in but why gamble in a market you can try to read. Better to play chess while everyone else is playing checkers. I refuse to buy until the language of the charts clears up and we have established a confirmation on which direction is which.
I don't like blaming whales for things on the charts but the reality is that they do carry power and either we play into what looks like a pop higher every time until they burn us bad or we wait out their game and sacrifice minor gains for safer major ones coming up.
Alts I am also looking to get into other than BTC : NEO and NCT (polyswarm)
Stay Frosty, Keep the Patience
FOX slowstoch is coming out the 20 zone.FOX slowstoch is coming out the 20 zone.
Title touched a support at 35.32 for two consecutive days and slowstochastic crossing above 20 could be a good signal of reversing.
Stock strenght is above 65.
Watch the stock and lets see on lower timeframes if there is a entry signal.
Disclaimer:
This is just my tought: don't invest based on this idea.
CAD / CHF strong against the weakTrade is based on rising strength of Canadian dollar on monthly currency strength chart and the correspondent ultimate weakness of Swiss frank right now. Though within daily strength / weakness perspective those currency pairs are on about same level though, slowly they are moving in opposite directions in terms of weakness / strength and this separating move is going to intensify as its just starting. Good buy opportunity.
Facebook, roots don't grow to the center of the earthHere we can see a very scary drop off a cliff. Bears are clearly in control of this market. The industry XLK is not looking great on the short term. I am bearish Facebook but I'd be wary of those lows , lets see what price does there. ZOOM or SUPPORT
ADA (daily) -- 1st sign of strength in months*Disclaimer--I follow ADA but am not trading it currently and have no immediate intentions to do so.
1. Bearish impulsive wave. More often than not, impulsive waves are followed by milder corrective waves in the opposite direction.
2. But buyers came in strongly at support.
3. And instead of the anticipated corrective wave, a bullish impulse wave pushed ADA back up to test upper resistance and the trend line.
4 & 5. Price has so far failed to break resistance..
This is still a bear market but this is also the first time ADA has shown any sign of strength this year. Keep a close eye on price action and the upper trend line
How Weak Is The KIWI This Week?The New Zealand Dollar has been losing a lot of strength these past weeks after achieving a new high of .74 and above. Upon review on a 4H time frame there are some key levels to realize. The nearest target price also the most magnetizing level being the .73116 for its reputation of price revisiting it quite often upon its rise and demise. When tested, we may see a breach to the upside and a continuation of the bullish momentum gained upon its open to test the .735 level and higher the .74 level. As unlikely as it may seem these levels should be considered. However we see a bearish trend on this pair and the .73116 level makes for a very attractive selling opportunity with our targets retesting the low of .72 and perhaps continue lower to .7125 level. The Kiwi needs a lot of bull momentum that it has lost over the past couple weeks to break through the resistance to surpass its previous high and continue higher. Which leads to the conclusion that we will be heading to lower levels unless proven otherwise. The levels provided provide for very attractive risk reward ratios being above a 2/1.
Thanks for reading!
If you found this entertaining or helpful please leave a constructive comment and/or drop a like.
Happy trading! Keep on WINNING!
NZDUSD Where are we heading next?With 4 recent tests of the .74 Resistance level indicates a strong psychological barrier for The Kiwi. A possible correction can be anticipated to gain some strength. A few areas of support that NZD needs to break for a correction to become evident are .72911 and .72746 which dangle below an ascending wedge pattern. Price action currently is resting at the bottom of this formation with a lot of indecision. A bounce off this trend can lead price to reach .734 possibly even .7372 resistance levels which are very attractive levels given the Fibonacci confluence . However patience is key, although a bullish bias can be a more probable option. Price action is at such a fragile level that a watchful eye for a breakout would be beneficial to making a correct decision that produces maximum gains.
