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Swinglow

Price Discount in USD/JPY - Trend ContinuationThe market is a discounting mechanism. When prices rise too high, buyers start taking profits, aiming to buy at lower prices during an uptrend. This behavior sustains the trend. In USD/JPY, this concept is evident. The swing low at 160.26 attracted strong buyers, pushing the price above the previous high, creating a new higher high. At this peak, buyers no longer saw value and took profits, seeking a discount to buy at a lower price. Fibonacci retracement is useful in trending markets, as its key ratios indicate potential levels of trader participation. Currently, the price has been discounted to the 76.4% retracement level of the rally. The corrective ABC pattern brought the price from the high to the current discount. Based on this scenario, we expect more buyers at this higher low, pushing the price above the recent high. Using Fibonacci as a target tool, we anticipate the price reaching at least the 123.6% level of the current rally. The risk in this trade is if the swing low of 160.26 is broken, buyers won't be profitable, so this level will be our stop loss. The risk/reward ratio for this trade is 7.05. Always think in probabilities.
Long
by Charts247TradingAcademy
1
📊 What are Swing Points?📍Types of Swing Points A swing point on your chart is simply a turning point for price in the past, either to create a considerable pullback into an established trend, or to reverse it altogether. When a turning point creates a mere pullback it can be classified as a minor swing point. When it creates the base to reverse a trend, it is classified as a major swing point. 📍Why are swing high and swing low formed? A swing high and swing low is formed due to what is known as support and resistance. The technical explanation for support and resistance is as follows: 🔹 A support forms for the price when you notice that there are more buyers than sellers at a certain price. The demand for the asset or the stock overwhelms the supply and thus pushes price higher. 🔹 A resistance forms for price when you notice more sellers than buyers at the price level. In this case, price fails to move higher and therefore declines. Swing points are key levels we use in TA to identify potential trend reversals and support/resistance areas in the markets. Swing highs represent peaks in price movement , while swing lows represent valleys or troughs. You can find swing points by studying price charts, identifying peaks and valleys, and plotting them on the chart. By connecting swing points with trendlines, you can analyze patterns and assess potential support and resistance levels. Combining swing points with other technical indicators can enhance trading decisions. It's important to consider different time frames and use swing points as part of a comprehensive analysis approach. 👤 @QuantVue 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
1
BASIC FIB OTE + OB PULLBACK TRADING SETUPJUST CHECK THE PIC FOR THE IDEA. BUT BASICALLY HERE ARE THE STEPS: 1. DETERMINE CURRENT MARKET STRUCTURE USING 1) SWING HIGH & SWING LOW 2) BOS & CHOCH -this is more powerful if price has just made a break of structure(BOS), but not necessarily. 2. PLOT FIB FROM LATEST SWING HIGH & SWING LOW 3. LADDER ENTRY AT FIB OTE + ORDERBLOCK ZONE 4. PUT STOPLOSS AT ABOVE SWING HIGH "Invalidation Zone" 5. TAKE PROFIT AT SWING LOW That's it. Backtest it until the inception of Bitcoin if you want just to get a really accurate picture of how well it works. Basic is good. Fancy gets broken.
by HaribonALT
GALAUSD Monthly S/R| Higher Low Pull Back| .618 Fibaoncci|OBEvening Traders, Today’s second analysis – GALAUSDT- rejection from its Monthly S/R and is looking for a higher low, Points to consider, - Price action impulsive - .618 Fibaoncci Resistance - Order Block support - Key Swing Low GALAUSDT’s immidate price action has found resistance from its Monthly level that is in confluence with the .618 Fibonacci, allowing for a bearish bias. The immediate objective is the lower Bullish OB, this area has the .618 Fibonacci support and a key swing low Holding this area will allow for a potential higher low, and a long position Overall, in my opinion, GALAUSDT is a valid long after a pull back with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
Long
by AzizKhanZamani
8
FVG and FIB setups So i have been now trading using FVG and Fibs for well over a year in a half now and i can personally say this is by far the best trading strat around since i started using this i right away noticed how it really does simplify trading down to the bare bone essentials which has helped me see and read price action a lot better yesterday being the best trading day i have had in a while i played 3 shorts with high success so more than anything i'm making this post to encourage people to check out this strat especially if they have come into some struggles trying to trade in this bear market you might want to give this a try
CME_MINI:ESH2023Short
by Stock_Hustle21
2
GBPUSD: Monthly Low Liquidity 🚨With price fast approaching the monthly low we can expect buyers to begin joining the market looking for support. This can be confirmed by the sentiment data showing that 82% of retail traders are long. This figure is huge! If we understand that 90% of traders are wrong and 82% of the market is stacking buys, we can use this valuable data to bet against them. We can't just enter sells anywhere, it has to be timed and precise. My two entry regions are: 1) The gap created at the market open. 2) The imbalance region caused by the huge leg to the downside. If price comes to these zones and satisfies an entry, we can sell with the aim of sweeping buyer liquidity placed below the monthly low. 🚀Thanks for your BOOSTS and support🚀 💬Send your comments and questions below, I'll be glad to talk to you💬
Short
by AlkalineFX
4
MY PREDICTION FOR EURUSD 4 HOUR PROJECTIONAs we observe , it actually will goes down as we predicted last week , unfortunately there was a news where a rumors talking about biden and putin , so the news triggerred all major usd pair so that bull taking over market and goes ( break ) major trendline on daily chart that be defined by SMA . So back to our prediction , it will now trying to make a fakeout before getting back on its original path where it will goes down to respect another zone if its break , if not it will a major/minor retracement before gets back to its original path Thats all from me GP XENIX Stay safe everybody , love u all <3
Long
by XENIXTV
Pivots or Swing Highs and Lows- IPivots are essential in many forms of TA- including the TA i mainly use which is Action-Reaction aka pitchforks Pivots may also be termed swing highs or lows Pivots and swing highs/lows may be harder to define than one first imagines I would define a pivot or swing as follows: A focus of Price Action (PA) which becomes a reversal point This is important because either a V shape or inverse V in PA does not equate with a pivot/swing An acute angle in price may become a pivot or swing in hindsight IF it breaks the trend which price was previously moving along G.R.I. Dec '21 KEY P1 pivot one - price in uptrend along blue diagonal P2- becomes a swing high WHEN blue diagonal is broken to the downside P3- becomes a swing low WHEN yellow diagonal is broken to the upside P4- becomes a swing high WHEN green diagonal is broken to the downside P5- becomes a swing low WHEN pink diagonal is broken to the upside P6- becomes a swing high WHEN purple diagonal is broken to the downside P7- becomes a swing low WHEN green diagonal is broken to the upside
NASDAQ:TLTEducation
by Great_Reset_Investing
$APPS - Digital Turbine Inc. LONG setup$APPS went through a 50% correction from the last high and even closed the gap from august 31st. If we see a bounce in the tech market I would think that $APPS might perform very well. This is NOT a longterm hold and investment at the moment, just a swing trade, so strict profit taking is advised! Buy In: Now Stop Loss: we literally pick the bottom here, so the stop has to be the low of the last candle at around 46$ Take profits like you see them in the chart
NASDAQ:APPSLong
by 10xTrading
1
Swing point Long entry Set ups1. Determine supply and demand zones 2. Draw a 0.5 scale from swing low price to recent peak. 3. See if the swing low support price action range ( if support then it can be accumulation phase, if not then it is invalid) important is that sometimes there is will price action below the swing low point and then reverse back up due to manipulation. doesn't mean it break support) 4. pay attention to the wick below support, if there is 3 wick and price beginning to push above 0.5 then it's might be a good long setups 5. Zoom in lower time frame like 1hr - 15mins and Identify candle confirmation for entry.
BINANCE:BNBUSD.P
by dustinn1404
USD/CAD Technical AnalysisAfter the 1.2420 area acted as suppport and swing low at the month start we had a nice bullish move all the way to the 1.26 area which acted as resistance once again. After the 0.618 Fibonacci level of 1.2480 has been tested price never fell back under this area and the bullish trend line which has been tested already 3 times has really came close to price which maybe tested one last time before the bullish momentum starts again. If price breaches the 1.26 area I expect it to continue to the Fibonacci -0.618 level at least which is the 1.2670 area where possibly price can bump in to resistance again.
Long
by alicanuz
5
Is the Bearish Trend still Possible??Considering the Bearish Trend which created a LLs and LHs inside the Ellipses, we saw an invalidation through the channel which tried to create a HHs and HLs but then the ZONE from the HH was a SUPPORT AREA which we saw a consolidation and a break below, the Break-out was also a consolidation which we were expecting a break either above or below but the certainty was a SELL OFF because we needed to observe the previous price action to determine what to expect ahead. Price has now invalidate the channel up and a break below the ZONE Area. I am anticipating a continuation of the DOWN-TREND because the recent HH is a Swing High and were we have an invalidation of the recent HL as a Swing Low. From the the Fibbonnaci we have seen a correction of 50% towards the Resistance Area, a Bearish Engulfing has been confirmed at the Resistance Area which a SELL OFF is possible and likely to resume a LH and a LL...
Short
by MII1502
3
SE- My international E-Commerce playLast year, SE turned cash flow positive and posted the triple digit revenue growth quarter after quarter. It is a digital entertainment/gaming + E-commerce + Fintech all in one company and is turning into a behemoth in south east asia. In addition, SE was a favorite buy for several top hedge funds in Q4 2020. It seems like we will see some weak rally tomorrow as the bottom-buying pressure seems to have waned compared to previous occasions in which buyers showed up almost immediately as soon as the price touched the bottom of the long-term trend. Not saying the trend will be broken, but it's likely that we will see a brief consolidation first, then another swing low before the reversal happens. Nonetheless, I will buy the dip tomorrow and aim to fill the remaining of my positional size inside the demand zone. Not the investment advice. Just my two cents
NYSE:SE
by Libratus
5