EURUSD LongEU is approaching a very nice 4H Demand Zone. We will wait for 4H to form RSI Divergence before entering into this trade. Stop will go below the zone.
Swingtrade
DAX Index: Be Prepared For a Breakout Trade
What a bearish rally on Dax Index:
for the 4 consecutive days, the market is falling sharply.
Ahead is key horizontal support.
I will be waiting for its bearish breakout to short the index.
Next support will be 12550.
Remember that you need a daily candle close below a blue support to confirm a breakout.
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What Actually Happened To Bitcoin Price Action EditionSo I decided to see why this big ol' drop is happening with Bitcoin.
The answer?
We're filling a very old order block that was never
completed in July 2021. So it makes sense price has dropped ALL the
way to where we are now. Time to analyze where we may be going from
here.
According to this current situation, once the years-old order block is
retested, we should make a long push back up to the 38810.05 weekly
zone since it was never retested on the 4hr. It just dropped like a brick.
If we are not ready for the giant uptick back up yet, and we
breakthrough the monthly 28990.63 zone, the next pivot area will be
24337.80 daily zone. We're about to find out what happens.
BULL TPS:
• 32788.17
• 34337.72
• 35504.62
• 36622.43
• 38810.05
BEAR TPS:
• 29315.72
• 27774.40
• 26233.07
• 24475.42
Bitcoin long opportunity on this pullbackAs bitcoin price fell hard today, it hit the demand zone on 1D timeframe. Looking for longs to 26800 level where the supply awaits on 4h timeframe.
CHF/JPY: BOS & Change in SequenceCHF/JPY: BOS & Change in Sequence
> Trendchannel break
> BOS & ChoS
> POC above current price
> Stockmarket downward pressure support a short in CHF/JPY
Also take a look at our streams:
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Meikel & Team WSI
COPPER structure long set upSwing trade set up based of structure on copper.
Entry zone at 4.20 to 3.90 with 3 target zones.
$KNC swingThis is the first swing deal in my account here.
So enter : 1.89
Stop lose : 1.792 (5%)
T1: 2.072
T2: 2.155
High risk*
Good luck
Nzd/Cad6 Confluence Trade
- Weekly HIgh Prob. Engulfing candle
- 4Hr. Break & Retest
- 4Hr. High Prob. Variation Candle
- Fib
- Sma
- Rsi Divergence
VCP characteristics, Base on Base structureExhibiting good relative strength.
Tight contraction on the right hand side and volume dry up in the last couple of days.
Volume surge in shorter time frame.
Surged through pivot at 741.
Broader market is weak, therefore sizing 10% of portfolio.
Bought at 735, will close if breaches day low.
Publishing for my own reference. Not an investment/trading advise.
