1000PEPE/USDT Short trade setup ⬇️Hello Everyone 🙋🏽♂️
RSI + Supply zone
🟠 EP 0.0010979
🔴 SL 0.0011211
🟢 TP1 0.0010745⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.0010515⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.0010278🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Supply Zone
How The Bitcoin PUMP Machine Works: SUPPLY And DEMAND Shocks!Every wonder why Bitcoins price seems to always go up over the long run? In this Video we examine the mechanism that continuously drives the price higher and higher from cycle to cycle. There are 2 parts to this pumping mechanism, part 1 before the halving and part 2 after the halving. Let's take a closer look!
BTC/USDT Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
RSI + Supply zone
🟠 EP 36603
🔴 SL 38955
🟢 TP1 34173 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 31840 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 29474 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
XAG/USD ↘️ Sell Trade Setup ↘️Hello Everyone 🙋🏽♂️
We are in supply zone with an overbought RSI indicator.
🟠 EP 23.92943
🔴 SL 24.35149
🟢 TP1 23.48040
🟢 TP2 23.06730
🟢 TP3 22.65874
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
GBPUSD Shorts from 1.25500 down towards 1.24000This bias for GBPUSD this week is not as clean in terms of price entering an ideal zone however, it's still a possibility that could happen so let's look at how we could sell GU. As we know this market has been in a small uptrend recently but, I am still overall bearish (looking at the HTFs) Therefore, I would be waiting for price to enter a near by supply so we can at least sell down towards a demand zone to continue the temporary bullish trend.
Currently, it is approaching a 9hr supply that has caused a small BOS to the downside and price will require some sort of pull back to continue going upwards, hence why this is a counter trend idea. We are also reaching a psychological level of 1.25500 which is another good sign to anticipate a reaction, as this would tell us if price would want to retrace or keep pushing higher.
Confluences for GBPUSD shorts are as follows:
- Price approaching 9hr supply zone that has caused a BOS to the downside.
- The zone also lies between a psychological key figure of 1.25500.
- Pending correction is likely to happen due to the impulse move that has been taken place.
- Lots of liquidity left below in the form of asian lows and there is huge imbalances as well.
- Overall market trend for GU is bearish according to the monthly/weekly time frame.
- Price has swept lots of liquidity already to the upside and momentum is dying down slowly.
P.S. As price still looks pretty bullish I won't be surprised if this zone doesn't hold however, there is also better supply zones above like the 15hr which looks more probable. For now we will wait for our Wyckoff distribution to play out & see if price gives us an entry model for sells.
Stages of a Downtrend: Insights from AI AnalysisDear Respected Members of the TradingView Community,
I start with some straightforward insights. I've executed significant crypto sales this month. However, my decision was not because of any pre-established forecasts. The motivation behind my decision to part with cryptocurrencies like BTC was primarily due to liquidity challenges. I found it increasingly difficult to execute orders without impacting the market by moving prices, widening spreads, or settling for unfavorable market orders. Often, I had to exercise more patience than desired while waiting for the fulfillment of my limit orders. Eventually, when suitable over-the-counter (OTC) opportunities presented themselves, I decided to divest from these challenging assets. It's important to note that this decision was independent of price predictions.
Y ou can consider various factors beyond price movement for an investment choice. Factors such as trading volume, liquidity, spreads, and transaction fees can add value to your decision-making process. The focus points of this discussion are price forecasts, where trading volume is one of the influential variables.
F or those of you who have been tracking the trading volume candles from December 20, 2020, to the present, you may have observed a consistent decline in trading volume. Deep Neural Networks (DNN) tend to associate this declining volume with a waning interest in BTC-USD. While the overall trend for BTC has been bullish since November 14, 2022, DNN suggests that this rising trend could be a retracement within a broader bearish development that began on November 15, 2021. The significance of understanding the trend lies in assessing the risk-reward ratio. Generally, positions aligned with the prevailing trend offer a more favorable risk-reward ratio. An adaptive DNN model can add more than programmed indicators as it can adapt to changing market conditions and provide certainty metrics regarding potential trends.
A s per my adaptive DNN analysis, there is a 70% probability that the bearish trend will persist, compared to a 30% probability for a bullish trend. However, market dynamics are influenced by multiple trends, each exerting varying degrees of impact at different times. Fuzzy Logic Trading (FLT) reveals that factors associated with the bearish trend currently hold a 60% influence on BTC-USD, with bullish parameters contributing 40%. Probabilities offer insights into potential future scenarios, while membership degrees provide a more nuanced perspective on the actual forces at play within a given scenario.
A t present, the price of Bitcoin is approaching a juncture defined by multiple trendlines that may serve as resistance levels. One of these resistance lines previously served as a support level for local bottoms on January 2, 2023, March 13, 2023, and June 12, 2023. However, since Bitcoin breached this support line, it may have transitioned into a resistance line. It is just one example of a trendline that could act as a barrier, given the broader horizontal resistance zone extending between $38,000 and $32,000.
A nother notable resistance line within this zone is the trendline connecting the peaks of the bullish retracement tail on April 10, 2023, July 3, 2023, and the present. These examples illustrate the potential resistance trendlines, with the entire zone representing a supply margin where additional barriers may exist. It's worth noting that bullish trends can possess the strength to break through resistance trendlines or zones, transforming them into support trendlines and demand zones.
W hile an AI-driven analysis suggests a 30% probability of a continuing bullish trend, the market exhibits a 40% bullish influence from external factors such as news and prominent opinions, as determined by my Natural Language Processing (NLP) algorithm and mathematical tools from FLT. Should the BTC price establish a demand zone and initiate an upward trajectory from the support trendlines, the market could witness new local highs, potentially surmounting at least one of the aforementioned resistance trendlines within the supply zone. While this scenario does not guarantee a parabolic surge, it remains a possibility.
O n one hand, optimistic investor sentiment could potentially transform even the sharply rising resistance trendline into a support level, as indicated by the blue forecast in the chart. On the other hand, a 70% probability of a continuing bearish trend, as suggested by dynamic DNN, and a 60% bearish influence per FLT, even in the presence of a bullish trend, implies a degree of caution.
I n Finance, the path to profit is often a winding road, with ups and downs that can confound even the most seasoned investors. While many market participants tend to focus on bullish scenarios, it's essential to understand the various stages of a downtrend. Let's explore these phases and gain some insights from artificial intelligence. Every significant downtrend begins with a subtle sign – a warning of what's to come. Unfortunately, this early signal is soft while the bullish sentiment prevails. This initial warning is crucial for astute investors who pay attention to the nuances of the market. As the uptrend falters and inevitably fails, it becomes evident that the market is in a state of decline. This point often lures individuals into considering an all-in strategy, driven by the conviction that "It always goes back up." This misguided belief can lead to significant losses. Following the decline, there's typically a rally, which sometimes recovers a significant percentage from the previous drop. This rally can be deceptive, luring investors believing that a new bullish trend is underway. However, it's crucial to exercise caution and not be swayed solely by short-term gains. Tragically, the anticipated bullish trend often turns out to be a trap, leading to a prolonged and persistent downtrend. This phase can be particularly challenging for investors who have been misled by the allure of the initial rally.
M oreover, artificial intelligence has made significant strides in the field of market analysis. By employing Dimensionality Reduction (DR) techniques, AI can detect potential bearish butterfly patterns on full-timeframe BTC charts available through pricing engines. Additionally, AI has identified the presence of a bearish Head and Shoulders pattern in the yearly timeframe of 2023. It's important to bear in mind that patterns are essentially estimations of probabilities and potential volatility structures. Any pattern can break in either an upward or downward direction, signaling either a bullish or bearish scenario, respectively.
E xamining the Relative Strength Index (RSI) and the spread between the price and Exponential Moving Average (EMA) 20 reveals that they currently fall within a historically and statistically oversold range. Additionally, there is a lack of confirmation for breaching any of the aforementioned resistance lines, let alone the supply zone itself.
I n summary, a scalping strategy within the supply zone from the upper trendline to the lower boundary, as depicted in the short position on the chart, could be considered. If the bearish trend persists, other strategies may extend this short position beyond the resistance zone, potentially reaching the EMA 200 at around $25,000, where Bitcoin could encounter an underlying demand zone and various support trendlines.
I t's essential to remember that trading decisions should not be solely based on price forecasts. The cryptocurrency market is influenced by various factors, and price is just one of them. This is not intended as investment advice. I encourage you to conduct your research and take full responsibility for your funds. Past performance does not guarantee future results.
I n conclusion, understanding the stages of a downtrend is vital for any investor seeking to navigate the complexities of financial markets. Additionally, the integration of AI analysis can provide valuable insights, enhancing our ability to make informed decisions in the ever-evolving world of finance. Remember that no prediction is foolproof, and prudent risk management remains essential in the world of investment.
Warm regards,
Ely
QTUM/USDT Sell Trade Setup ⬇️Hello Everyone 🙋🏽♂️
RSI + Supply zone + FVG
🟠 EP 3.0265
🔴 SL 3.2539
🟢 TP1 2.7839 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 2.5730 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 2.3377 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
black gold under bearish pressure + OPEC, weak global demandthe oil markets find themselves in a bearish chokehold with a number of factors weighing down on it such as the OPEC ( Organization Of Petroleum Exporting Countries) are expected to meet later this month on the 26 November 2023, there is a strong sentiment that they are expected to continue to cut production and distribution due to weak global demand.
technically i find that supply of proximal price @ 78.20 is in control of price and price is struggling to gain bullish momentum to keep trading above price of interest (support and resistance) @ 77.20
i have overall targets to liquidity areas @ 75.00
put together by Pako Phutietsile ( @currencynerd )
ILV : Breaking Wedge - $280 Target🎯Exciting times ahead as ILV (Illuvium) showcases remarkable strength following its breakout from a falling wedge pattern. The charts are signaling a bullish trajectory, with the initial target and resistance level set at $108. Let's dive into the details of ILV's promising outlook. 📈💪
ILV's Bullish Breakout:
Falling Wedge Pattern: ILV has successfully broken out of a falling wedge pattern, a bullish signal indicating potential upward momentum.
Strength in Charts: The price action post-breakout suggests a surge in buying interest, contributing to ILV's current bullish stance.
Key Price Levels:
First Target: $108: The immediate target for ILV aligns with a significant resistance level at $108. Achieving and sustaining this level would mark a crucial milestone for further upside potential.
Extended Target: $280: Looking beyond the initial target, ILV has the potential to reach $280, representing a substantial upside if the current bullish momentum persists.
Trading Strategy:
Confirmation of Strength: Wait for confirmation through sustained positive price action and volume to validate ILV's strength in the breakout.
Entry Points: Consider strategic entry points based on pullbacks or retests of support levels, aligning with your risk tolerance and trading strategy.
Risk Management: Implement risk management measures such as stop-loss orders to protect your investment in case of unexpected market movements.
Conclusion:
ILV's breakout from the falling wedge pattern signals a potential bullish trend, with $108 as the initial target and a promising outlook extending to $280. Traders and investors should stay vigilant for confirmation signals and plan their strategies accordingly.
May your ILV trades be filled with success as we navigate the exciting developments in the crypto market.
❗️Get my 3 crypto trading indicators for FREE!
Link below🔑
BTCUSDT. Waiting for the local high to be updated. Highlights
Waiting for the price to interact with the upper boundary of the sideways range at 37980.
Preference (buying/selling) - neutral.
Description
On the hourly timeframe, a sideways movement has been observed since November 9th. The upper boundary of the sideways range is at 37980. Judging by the wicks of yesterday's hourly candles (see chart), buyers are pushing the prices beyond the sideways range. Buying at the top of the range is not systematic. But if you really want to trade, you can aggressively look for buys when buyers defend the wicks of yesterday's hourly candles. (if the price returns there before breaking out of the sideways range).
31812, 36677 - boundaries on the five-minute timeframe
37302 - boundary on the one-minute timeframe.
EURUSD Long term short ideas from 1.10500 (or 1.11000)This idea is based on my higher time frame bias that I have marked out from a while back, as we are steadily approaching a key level on the HTF. I'm going to be expecting EU to melt back down towards 1.07500 or lower to fill in major imbalances that have been left from before. In addition to this, we are entering the 0.78 region of the fib range which is a more premium zone to sell.
As of now I will be waiting for price to slow down momentum and start showing some signs of weakness, in order for give us a a better sign that price is ready for a reversal. Ideally I want to wait for the 8hr supply on top of the daily however, if we see our lower time confluence i.e. Wyckoff distribution & CHOCH, I will be then looking to enter and hold on an intra-day basis.
Confluences for long term EURUSD shorts are as follows:
- EU is overall bearish on the higher time frame like the (monthly and weekly)
- This is a pro trend trade that will be following the overall market trend.
- Internal structure is also bearish as we have CHOCH on the higher time frame with a BOS.
- Price is approaching a daily supply zone that has caused a BOS to the downside.
- Price is also entering the 0.78 area of the fibonacci range good sign for a potential reaction.
- Lots of FVGs on the higher time frame below as well as major pools of liquidity points.
- Price has also swept lots of liquidity to the upside and has take out most of trend line Liq.
P.S. Personally, I see price most likely reacting off the 8hr supply above the daily, just because there was a previous consolidation that still holds some liquidity above it. Hence why I will be waiting for that to get swept to mitigate the institutional candle that was left by the 8hr POI.
KLAY/USDT Short Trade Setup ⬇️Hello Everyone 🙋🏽♂️
RSI + Nadaraya Watson
🟠 EP 0.18230
🔴 SL 0.19710
🟢 TP1 0.16665 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.15270 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.13785 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
AUD/CAD ↘️ Sell Trade Setup ↘️Hello Everyone 🙋🏽♂️
Overbought + Supply zone
🟠 EP 0.89430
🔴 SL 0.89605
🟢 TP1 0.89255⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.89075 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.88895 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Navigating A Weaker Bull Trend For Strategic TradingIt appears EURUSD is currently within a Weaker Bull Trading setup.
For trend traders, waiting for a counter-trend opportunity might be a potential strategy.
Counter-Trend Traders, here are two considerations for your approach:
As the market resides in the supply zone on the Daily Chart, waiting for a double top formation coupled with RSI Divergence could offer an entry point for your trade.
Alternatively, keep an eye out for an ABCD Pattern as it unfolds, presenting another counter-trend trading setup.
These strategies aim to navigate against the prevailing trend, so it's essential to apply rigorous risk management practices.
Happy trading!
Russell 2000 (RTY, M2K) Low-Timeframe ShortQuick idea here as we look to get back in a groove with analysis/posts after a very light October. Not going to include a lot of elaboration, but we're looking to take advantage of a swing short (price depending) via a low timeframe (5-minute) RTY supply zone (defining candles not pictured here since sub-15-minute charts cannot be posted). If price approaches the zone hot (expanded range candle vs. grinding action), look to take the trade outright upon penetration of the lower bound (1795.4). If RTY stair-steps higher, forming new pockets of demand between current price and supply, consider taking a confirmation entry (price exit from zone). Stop should be placed a bit above the zone's upper bound. Keep in mind round # psych @ 1800. Targets are 2:1 and 5:1 (look for a fall back to origin of CPI breakout). Finally, US stocks have been very bullish as of late, so shorts fly in the face of current momentum. That said, RTY has consistently been the weakest of the 4 US equity indexes, so if you're going to short one, it's probably your best bet. Have to run, but good luck!
Stay tuned b/c a LOT more ideas are coming soon!
Jon @ LionHart Trading
BTCUSDT. Waiting for actions from buyers and sellers.Highlights
The previous scenario played out.
Awaiting actions from buyers and sellers.
Preference (buying/selling) - neutral.
Description
On the daily chart, buyers resumed from the discount zone (bottom 50%) of the last daily impulse and absorbed the seller's candle on increased volume, forming a buyer's zone (blue color, upper edge of the daily buyer zone 37337.57). This scenario was described here
On the hourly chart, the price is at the upper boundary of the range, but considering the daily context, selling immediately is risky. It is necessary to assess the actions of the seller and the buyer. If the seller breaks the level of 37337.57 and defends it, you can look for sales with the first target at 36744 (upper edge of the daily buyer zone), the second target is 36000. Conservatively look for buys if the buyer breaks the upper boundary of the range (37972.24) and defends this breakout.
Other see this as Coal, I see this as DiamondA retest of previous resistance on the daily chart combined with a strong bullish candle movement (an engulfing candle) is an intriguing setup. The observation of RSI Divergence at these levels serves as a significant indicator for a potential reversal.
Regarding the recent deviation from the PRZ zone of the crab pattern on AUDUSD, it seems it hasn't reached the HOP (Harmonic Optimal Price) level before reversing. This deviation could be a point of interest for observation on the H4 chart.
Your decision to take an aggressive shorting opportunity due to the attractive profit factor is noted. However, as you rightly mentioned, managing risk is crucial in such trades. Wishing you success in your trade management and strategy execution!
BTCUSDT. Long positions are a priorityHighlights
Long entry could be considered either from buyer protection at the lower limit of the range 35600, or from the current levels, if the seller does not appear and the buyer protects his zone (upper limit - 36470) with a target of 37526.
Description
On the Daily TF, there's a long trend. On the hourly chart, there's a sideways market. The lower boundary of the sideways range is below 50% of the last daily impulse. It's interesting to see the price there and look for purchases if the buyer defends the lower boundary of the range (35600), aiming for the upper boundary of the range (37526). Long positions can also be considered from current levels if the seller doesn't protect the candle at 21:00 (exchange time) and the buyer engulfs it.