Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price Adj. to : $24,460 📉
💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of $500, and a minimum expectation of $200.
We see BTC back testing $24,000
We are playing off that generally after these news spikes with the CPI, we have a retracement in the next 48 hours.
🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal, with a maximum duration of 9 hours .
Trade-setup
Zilliqa buying opportunityToday we can witness a nice pullback providing multiple buying opportunities across the board. One of the most interesting options seems to be ZIL/USDT. This is because we can see a consistent bounce off the Fibonacci support. As a result, we expect the next upswing to start within the next 48h.
$NFLX - is it time to buy?$NFLX - is it time to buy?
Could be time to buy - we got triangle pattern, now I look at individual stocks whilst comparing it to the indices of NQ and I am bullish I am buying dips and taking look at FAANGS short term buy looks could be good opportunity.
Q2 2022 earnings on Tuesday. Watch out
Take care
TJ
USDJPY 21-EMA SupportUSD/JPY extends range trade above 21-EMA, bias neutral
Federal Open Market Committee (FOMC) Minutes released on Wednesday favored the Fed hawks.
Technical Analysis:
USD/JPY is grinding sideways for the 4th straight session
GMMA indicator shows major trend is bullish, while minor trend has gone neutral
Momentum is in favor of bulls, volatility is low
Bearish RSI divergence keeps scope for more weakness
Bounce off 21-EMA will change near-term dynamics
BTC first signs of reversalBTC is oversold out of an downtrend and important zone.
Best to look for Longs smaller timeframe.
Price is forming first signs of a bullish reversal.
Price made a Bullish Break Of Structure (BOS)
W pattern is possible to form. (Smart money pattern)
Watch the green orderblock and the purple one for a liquidation limit long order.
Copper Futures : H1 Short (Price Action : LH + LL)Copper Futures HGU2021 H1 chart shows series of LOWER HIGHS + LOWER LOWS from July 26 2021. Contrarary to fundamentals (strike in copper mine would create shortage in supply, etc) the technical analysis shows there is a room for some more down side towards 4.285. The downtrend would end if the price trades above previous HIGHER HIGH.
Case of cough bear DAXThe year 2022 has started with macroeconomic anxiety and clamor around monetary policy talking points, while stock markets have been wreaked by volatility. Whether this turns out to be a well-deserved respite for the broader bull run or a long-drawn slide to infamy remains to be seen.
In any eventuality, TA should help to draw a game plan and aid us to grasp opportunities even if headwinds prevail.
The above chart depicts a hypothesis for DAX performance index using harmonic patterns:
A standard retracement from January 2022 top works out to a key turning point at level 14500. However, the structure would not be invalidated until the barrier fails at level 13800. Meeting that criteria, a relief rally would ensue until 15800, fulling the pattern. It should be noted that the definition of the pattern still implies a bearish outcome. Timeframe for the action to play out is between Feb and mid-May or early June 2022.
In regards to crypto markets; some enthusiasts could argue stock comparisons to be irrelevant or unfit. However, inferring from how the market is developing from here on out the gyrations between asset classes may become more cohesive when institutional involvement and their active participation increase.
Bank Nifty Analysis for 07/02/2022HI EVERYONE,
This is bank nifty trade setup for 07/02/2022
Trading Range
FLAT Opening = 38600-38900
Buy Call Above = 38900(take profit up to first resistance and book half qty and trail sl )
Buy Put Below = 38600(take profit up to first support and book half qty and trail sl)
Bitcoin Analysis : The Next MoveHello all,
After calling the Top in Bitcoin & the most recent fall at 47K we introduce you to our next trade setup. We will update as the price action continues.
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Long-Play:
A candle break and close above the falling wedge resistance we will then place a long position targeting the 52K region and beyond. Be cautious of a fakeout at the ~46.5K resistance.
Short Play:
A candle break and close below the 40K key support we will look to place a short position to retest the 30K support. Be cautious of a violent drop followed by heavy buying pressure resulting in a long wick.
XTZ maverick breakout! [setup]Who's afraid of the big bad BTC? Not Tezos!
While the market watches and waits for BTC to reverse it's slow recent term downtrend, alt coin trading has not been amazing.
Only a few coins including XTZ and AVAX have outperformed the market.
As we've seen with SOL's epic run up, everyone wants in on "the next ETH," and I think that network tokens with strong features for developers will do well.
What I like about XTZ is that there's already real use-cases in the form of NFT marketplaces.
happy trades
CD
EURAUD Next Impulse Leg Due?EURUAD has completed the correction phase and now that we have seen the market environment shift Bullish we can expect another impulse to the upside to continue the trend.
MACD Above 0
10MA Above 20
Price executed at pivot point
Targets set at 1.272 of first impulse.
+3 R/R
Comment below which pair you would like to see next. - Nick
VIEW14583.75 is the level. Above it is sustaining go long for a target of at least 50-60 points. safe can short puts .. Aggressive can buy ATM calls. Buy some quantity now and wait for retracement if it takes support at the level add more if not then stick with the same quantity. SL is 50 percent of the premium.