NAS100 Daily - Potential Longs- Clear bullish momentum on the HTF.
- Expect a continuation for the rest of Q3.
- 15000 is a round, psychological level that's been broken.
- Key levels of sensitivity are:
- 15250 and 16000 based on Fibonacci extensions
Tradesetup
ATOM > Trendline & Support and Resistance > Buy or Sell? Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of Cosmos.
This is my trade setup for both buy and sell trades.
I think, most probably I will be long on it.
Ref chart (30m):
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XLM > At a Support Zone > How to trade?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of XLM.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
🟢 ADDED to $SPWR Target 39.67 for 37.12% (Risk Level - Med)🟢 $SPWR Target 39.67 for 37.12% (Risk Level - Med)
Or double position at - 18.19
This one hit this morning for average down.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
CHFJPY - Short Opportunity-21If the price pull back to structure and unable to break up, sell with sl indicated and tp also
CELR > Moving in a Channel > Buy Opportunity?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CELR .
According to my technical analysis, the Celer Network coin is moving in a channel and now, it is time for a pullback.
"My analysis is valid until We don't see a breakout from Channel"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BTC/USD Inverse head and shoulders + rising wedge breakout!Looks like BTC/USD is finally about to breakout from the falling wedge it has been forming since the big dump to 30k. It has also been forming an inverse head and shoulders the past couple of days and is really close to breaking out. This would be a great area to enter a long position on BTC, maybe wait for a retest after the breakout with high volume and then enter for extra confirmation. Target should be around the 36500 USD area which should match the wyckoff accumulation pattern indicating a strong upside to 40k+. Dont forget to follow for more free trade setups! Good Luck traders!
AMARAJABATTERY | SWING TRADE IDEA | 12/7/21All the reasons for the trade have been explained in the videi.
------Happy Trading------
XRP/USDT Bullish Gartley Trade SetupXRP/USDT has just formed a bullish Gartley which is a bullish harmonic pattern. Perfect entry would be at point D of the pattern but since it has moved upwards since then you might want to enter a position after a small pullback from any of the targets I have placed according to fib levels. There is also a bullish divergence on the MACD which is currently playing out. XRP like every other coin is at the mercy of Bitcoin so if BTC behaves then this should be a successful trade setup for you. Don't forget to follow for more free trade setups! Good luck traders!
🟢 ADDED to $KOLD New Target 38.86 for 42.92% 🟢 $KOLD Target 38.86 for 42.92%
Or double position at 15.52
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
🟢 ADDED to $MOSY New Target 8.17 for 30.1%🟢 ADDED to $MOSY New Target 8.17 for 30.1%
Or double position at 4.39
Ok... the double position order filled so here we are... new game plan...
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
📈 USD/JPY - JULY 05 - Bullish Bias, but Risky CoT PositioningDaily update for USD/JPY for July 05. Here is what you need to know to trade today.
FUNDAMENTALS:
The US NFP release led to strong selling pressure in the USDJPY pair, which was partly the result of profit-taking in the USD after the pair reached near multi-year highs.
The JPY is the weakest currency for the last 2 weeks, but the absence of major market reports this week (and the US holiday today) could mean that the pair will remain within familiar ranges.
There aren't many reasons to believe that US yields won't rise again after a strong NFP number, despite falling unemployment rates.
The USDJPY pair should overall remain well bid during the day/week.
Latest Headlines:
JPY News:
-USD/JPY struggles for direction, holds steady around 111.00 mark
-USD/JPY now seen within 110.60-111.65 – UOB
-BOJ raises economic assessment for two of Japan's nine regions
-BOJ maintains assessment for 5 of 9 Japanese regions in latest economic report
-USD/JPY Price Analysis: Struggles to defend 111.00 inside fortnight-old rising channel
-Japan Jibun Bank Services PMI up to 48 in June from previous 46.5
USD News:
-US Dollar Index remains on the defensive near 92.20
-US Dollar Index Price Analysis: DXY probes rising wedge breakdown above 92.00
-US inflation expectations fade recovery moves
-Fed and ECB events to keep an eye on this week
Upcoming Market Reports:
Here are the most important market reports for USD/JPY to follow in the coming days (all times are UTC timezone):
Monday at 12:00: USD Bank Holiday
Tuesday at 14:00: USD ISM Services PMI (Expected: 63.9 , Previous: 64.0 )
Wednesday at 14:00: USD JOLTS Job Openings (Expected: 9.34M , Previous: 9.29M )
Wednesday at 18:00: USD FOMC Meeting Minutes (Expected: , Previous: )
Thursday at 12:30: USD Unemployment Claims (Expected: 375K , Previous: 364K )
Thursday at 15:00: USD Crude Oil Inventories (Expected: , Previous: -6.7M )
INTERMARKET:
Nikkei 225 and yield differentials point at some weakness in the pair from an intermarket standpoint.
SENTIMENT:
CoT:
The latest CoT report showed that leveraged money increased their bearish bets on JPY, while simultaneously reducing their bullish bets, to reach an almost 3-year extreme. The last time the bearish positioning was this high (March 2020) marked the start of a significantly strong bear trend in the USDJPY pair.
Note that the net short positioning in USD decreased slightly from extreme levels after the Fed's hawkish shift, signaling the risk of a short-squeeze.
Positioning is bearish for USDJPY.
Currency Strength for the Last 2 Weeks
TECHNICALS
Price-Action:
The pair is trading in an uptrend on the 1-hour chart and touched a rising trendline support, where buyers pushed the price higher this morning. The pair broke below the 61.8% Fib but recovered some ground recently, which could signal a dip into liquidity by large market participants. However, bear in mind that US markets are on holiday today, which means lower liquidity overall.
Levels to follow (Liquidity):
Major resistance: 111.65
Minor resistance: 111.16
Minor support: 110.80
Major support: 110.42
== SUMMARY ==
I am interested in trading USDJPY from the buy side, but the extreme positioning in the futures markets and the possibility of USD short squeezes pose a risk for bulls in the coming period.
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