Tradesetup
Woo shortHellow traders,
Quick perfect head and shoulder set up on Woo.
This can be found on bybit.
Have a green week!
DOA trading Strategy - SPY#SPY - Red arrow and meter are holding strong on weekly
Lets see if we break this trend channel EOW
If we break this Uptrend channel on weekly we'll see $432
DXY - Short OpportunityPrice retests the structure after breaking the long trendline. short with sl & tp indicated
GBPUSD - LONG SEPUP OPPORTUNITY -21Wedge broke with structure and divergence also occurs on MACD. Long with sl & tp indicated
EURUSD - INSIDE BAR TRADINGPrice is the range within the pips, watch for break out and long with sl -1.1280 and aim tp1, tp2 & tp3
Sugar : BullishSugar futures reacted off to a bullish rejection block on Weekly, creating a breaker+ on Daily. It'll be interesting to see how this plays out in next few weeks. Target is the liquidity up top of the range.
ES1! / Emini / SPY500 : BullishES1! / Emini / SPY500 is approaching liquidity reference points - and there's an unmitigated OB+ sitting right below it.
This "could" be where ES1! finds support for the next swing up.
Play this on a lower time frame like 4H/etc.
GLGT
SGDJPY : Trade setupWeekly created a 2 candle FVG, 2H retested it and created a Breaker- in the process.
We want entry before the opposing 2H objective is reached
EUR/USD LONG TRADE SETUP by baris3Target: 1.45
Stop loss: 1.12200
RR: 1.5
My experience from price action of this pair tells me this can go to maximum 1.12500. Which is 0.786 fib level. It already stopped at 0.618. Then it will bounce from here upwards strongly. There were positive news about EUR today which means banks did it intentionally to trap more traders before taking long positions.
EURGBP : trade setupWeekly created a 3 candle FVG, 4H came an retested it with a Breaker-
We are trading the breaker
CI : Trade setupMonthly created an order block, daily came and retested it. We plan to buy the Breaker+ that was created in the process.
TROW : ShortMonthly closed a 2 candle FVG and created a breaker- in the process.
Trade setup is invalid if the 3 candle FVG closure is hit first. We actually want to use it as a target.
DODO updated price chartAs you can see DODO has popped out of its falling vedge and there was bullish divergence formation on RSI on the daily timeframe.
What you think? Share your comments here below.
#DYOR
Shiba Inu is it ready for another zero down?Hello Traders,
Just wanted to make a few points here and talk about my plan for shib. As you can see Shib has been forming a descending channel for 3 full months. Which recently on the last pullback within the channel the RSI reached oversold territory. Previously back in September of 2021 the RSI also hit this same area and this indicated it had bottomed. I am looking to see if it does the same this time. You can also see some bullish divergence on the MACD.
Yet, if we do see one more pullback from this area I would think the RSI would be diverged as the price action hits the bottom of the channel in the demand zone as well as the area where the trend line having a nice confluence of areas to buy, then I would enter my trade there and place my stop loss directly under this area as you can see on the chart.
Have a green week and I will see you in the next analysis!
Savvy
