Long SPYStill a range bound Market. But a healthy one with defined supply and demand zones. I am net long, since last week.
Supply Zone
BTCUSDT is in Supply area!The price is testing the supply area as I said in my previous idea and the market printed another HL.
The price had a breakout from the ascending channel and retest the upper trendline as new support. The price could have another bullish impulse until the 0.618 Fibonacci level, where the price has another resistance.
How to approach it?
We are monitoring the price and we are waiting for a clear movement.
Long scenario: Breakout and retest (daily close above the 17600
Short scenario: Breakout and retest the support as resistance on 17100 (daily close)
Both scenarios need to analyze again with Plancton's Strategies
Sell Eurchf Setup D1Hello ! According To Me , Eurchf Will Go To 1.0050 Area , Then You Can Sell From 1.0050 Area For 0.9955 TP . After That It Will Go Up Again .. But You can Make Profit By Sell At 1.0050 Price .
I Hope It Will Give You Profit .
Thank You
BCH quick OUTLOOKThis analysis is a continuation of the previous one. I have stated 2 possible scenarios by considering the current market structure. There are 2 types of entries explained in this video.
BTC Quick OUTLOOKThis is a continuation of the previous analysis made for BTC. Here are presented 2 possible scenarios, with 2 possible entries, all explained in detail.
BTC - Critical Area For A Potential Correction!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, we know that BTC has been slightly bullish trading inside the red rising broadening wedge pattern.
BTC is currently sitting around the upper bound of the rising broadening wedge acting as a non-horizontal resistance.
Moreover, the blue zone / 17500 is a supply zone.
For the bears to take over short-term , and start a correction till the lower red trendline, we need a break below the last low in green.
Meanwhile, BTC would be bullish and if we break above 17550, expect further bullish movements.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTCUSDT is inside an ascending channel during consolidationBitcoin had a false breakout from the ascending channel at 18200$ area.
The market grabbed new liquidity and creates a new breakout from the old low and channel.
the price bounced from the new low until the 0.618 Fibonacci level, that level is crucial for the retracement.
Thus the price started with the consolidation phase with a clear range, where the price created the ascending channel inside it and the market printed HH (higher High) and HL (Higher Low).
Usually, it's an uptrend pattern.
on the 17400$, Bitcoin has the supply area, where the market grabbed the liquidity to create a new breakout and new Low, for that reason we sign it as "Key Level".
How to approach it?
The price could create a new breakout from the consolidation channel and retest again the Supply area as resistance, in that case we are going to monitor it in order to apply Plancton's Rules
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Boeing hitting resistance, outside of 2022's value rangeBoeing is at the bottom of 2021's value range, with 2021's POC just above that. Just outside last year's value range and well above the POC. Weekly RSI is showing just about 70 (overbought) mixed with price close to touching the upper Kelt channel. I'm short a small amount of BA and looking for a retest of last year's value range of around 185-187.
EURUSD quick OUTLOOKThis is an analysis for the next 1-2 months. We started analysing from the monthly timeframe, all the way down to the 4hr timeframe.
Outlook for the next week on E/UPrice reach HTF supply where Daily pullback can happen. But what I expect now is push highter for new high. Most likely it can happen in prices that I market out. Our view on E/U for next week is bullish.
GTC/USDT: BINANCE:GTCUSDTPERP BINANCE:GTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$GTC have reached the Supply zone and the local highs are located before the DARVAS box's high.
With the current local high and the Supply above, It's better to have the SHORT here with a SL located at the local higher high at $1.426.
I'll trail my Stop-Loss after reaching the TP1.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
EURAUD SHORTThought process and analysis on the chart as notes any review post analysis on the comment section.
Happy trading cheers!
NIO PENDING REVERSAL (UPDATE)DESCRIPTION: In the chart above I have provided a macro analysis update for my previous prediction for NIO.
POINTS:
1. Adjusted pockets for SUPPLY & DEMAND: 1ST LEVEL = $14 - $24 & 2ND LEVEL = $33 - $43.
2. SUPPLY & DEMAND POCKETS do in fact show a common deviation of 10 points of spread.
3. Current $9.50 is serving as CRITICAL SUPPORT that is broken would invalidate entire setup.
4. If we come to see a continuation of this sideways consolidation between $9.50 & $14 price action will begin to squeeze for bullish divergence.
5. More than covered gap from early July 2020.
Scenario #1: Bullish scenario can mean we see price action move into 1ST LEVEL SUPPLY & DEMAND ZONE as we invalidate bearish trend.
Scenario #2: Bearish scenario can mean we break below our critical support of $9.50 and fall to $6.00.
NYSE:NIO
EURUSD quick OUTLOOKIn acest videoclip regasiti continuarea analizei precedente, in care preconizarea facuta este indeplinita cu exactitate. Acest videoclip demonstreaza ce inseamna principiile fractale aplicate in pietele financiare
SELL AUDSGD At Trend Line ResistanceHello ! AUDSGD Is Going To Resistance Line Of Trend Line . You Can Take Short Position At 0.9210 Area & I Hope It Will Go Down Till 0.9020 Area . So You Can Make Good Pips . Thank You So Much .
XAUUSD Buy Setup H1 Hello ! Gold Is Hovering Around 1820 Area . If It Break H1 1820 Area Then You Can Take Long Position For 1830 Price . Stop Loss Should Be Around 1815 Area . But If It Manage To Break 1820 Area And Stable Above 1820 On H1 Candle Then You Can Buy It .
Thank You & Happy New Year .
EURJPY Long: 50% Fibonacci Retracement After Dec 16 3+ATR CrashEntries: 3 planned, 2 executed so far.
Profit Target: 50% Fibonacci retracement (high probability as it is well below the Volume Point of Control (POC)
Stop Loss: at Support Area from August
USD/JPY SHORT Hello traders
The price has reached a strong reversal area on the frame today, but the size of the area exceeds 60 points, so we will only look at the liquidity gathering area, which is 133.200. If we get confirmation from this point, we sell the dollar against the Japanese yen. The target is the 131.350 area.
Amaraja batteries Swing trade
Buy amar raja batteries at CMP
Buy 40% of capital at current levels
If comes at 549 to 543 buy 50% another
Sl at 535
Rest keep 10% for avg
Tgt 603 650
Ask your financial advisor before buying
Only for educational purposes
AUDCAD short(SMC 1HR sure short)Will let the chart explain itself
Order block has been reached after anintial push to the down side.
Down below there is liquidity ($$$), so that gives me more emphasis to see it being grabbed
XAUUSD - Short - 4H-8H Distribution in a Weekly SupplyGold liquidated sellers with an UTAD in a 4H-8H Distribution and reach a Weekly Supply, I'm expecting now gold to break the structure and to retest the UTAD before doing a Weekly move downside.
DGSTACC: US500 MACRO ANALYSIS / DIAMOND FORMATION / REVERSAL???In the chart above I have provided textbook matching example of a diamond formation that was entered with bearish sentiment and if followed should indicate a market reversal.
Points:
1. With a Higher Low (HL) being confirmed at the moment next leg to follow should be to the upside.
2. A cross Below 3750 would invalidate this setup.
3. A cross Above 4150 would validate this setup.
CURRENCYCOM:US500
