BTCUSD Rising Channel| Local S/R| Trend| Price Action Evening Traders,
Today’s analysis – BTCUSD – trading above its Local S/R where holding true will increase the probability of testing upside resistance,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Range High Resistance
- Low Volume
BTCUSD’s immediate price action is trading above a key support allowing for a short term bullish bias.
The Range High is the current resistance, testing this level is likely to lead to an rejection on the first attempt.
The current volume profile is on a decline, an influx is imminent when testing a key trade location such as range high.
Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The market can stay irrational longer than you can stay solvent.” – John Maynard Keynes
Trend-trade
EURUSD Recent Price Action| Identifying a break of a key levelEvening Traders,
In this educational post I will analyse how a price action level breaks and puts in a retest.
Assessing the chart, we have a clear Resistance on the left that was breached with an impulse break. The level was retested and confirmed as support with an S/R Flip Retest.
This shows strength in the price action; however volume was not evident, leading to a bearish expansion back below the level.
EURUSD eventually retraced and broke the resistance again with a strong impulse and is currently trading above the level.
For this breakout to be valid on the retest, we need to see an increase in the volume profile. This will signify a true break as incoming volume will lead to an expansion.
I hope this educational peace helped,
Thank you for following my work!
EURNZD Swing High| Range High| Price Action| Trend Evening Traders,
Today’s analysis – EURNZD – trading above range high support where a retest is probable,
Points to consider,
- Price Action Impulsive
- Range High Support
- .618 Fibonacci Support
- Low Volume
EURNZD’s immediate price action is trading above a key support, being the range high, allowing for a bullish bias.
The .618 Fibonacci is in confluence, holding this level has a higher probability of being tested on the first attempt.
The volume profile as of current is low, an influx is highly imminent when testing key trade locations.
Overall,
In my opinion, EURNZD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The Tape Reader’s profits should develop naturally. He should buy or sell because it is the thing to do – not because he wants to make a profit or fears to make a loss”
― Richard D. Wyckoff
USDJPY Swing High| Local S/R| Price Action| Trend
Evening Traders,
Today’s analysis – USDJPY – trading towards a key swing high where a rejection is probable,
Points to consider,
- Price action impulsive
- Local S/R Support
- .618 Fibonacci Confluence
- POC Support Confluence
-
USDYJPY’s immediate price action is impulsive, a swing failure pattern allows for a bearish bias.
The Local S/R is current support that is in confluence with the .618 Fibonacci and the POC. Holding this level is critical for a bullish bounce.
Overall, in my opinion, USDJPY is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.”
― Yvan Byeajee
BTCUSDT PA Pennant/ Triangle| Fake-outs| Trend Evening Traders,
Today’s analysis- BTCUSDT- trading in a clear price action pennant where an impulse is probable,
Points to consider,
- Price Action Impulse
- Dynamic S/R
(Support and Resistance)
- Low Volume
- .618 Fibonacci Resistance
BTCUSDT’s immediate price action is trading under its Dynamic S/R where an impulse is probable, allowing for short entries.
The .618 Fibonacci allows for a defined short entry for a continued bearish directional bias.
The Dynamic S/R is current resistance that if broken will negate the bearish case.
Overall, in my opinion, BTCUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
Is the Sleeping Giant ready? *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been following Alibaba for the past few months. We have an original entry of $207, with a short term target of $238.
There is no denying the massive oversell of BABA. It's a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October. So is the sleeping giant ready? My team wants new traders to understand that timing the market is impossible every time, so instead we're more focused on risk management. This is why our stop loss is at the $203 range. If it goes past that price range expect BABA to correct down to $188-191 per share. However, we're expecting the giant to have a short term rally up to $238.
Please follow us @Simplyshowmethemoney in order to stay up to date with our current trade topics and trends.
Feel free to comment and let us know your thoughts.
US30 (above the support line will be going upward )Stabilized above 34180 will get 35130
but under it will get 33220
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my last idea about us30 13 May:
XAUUSD 4H (stable above 1815 will get 1850 and 1870)GOLD, in the previous idea, we said if the price stable above 1815$ will get 1850$, so now the price get it 1843$ but importantly we are in the upward state because the upward zone is stronger than the downward zone,
and if the price breaks the slope line (about 1850$) we can get 1870$ in the next target.
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my previous idea about XAUUSD :
US30 4H (get it upward)in the previous idea we said above 34200 will get strong buy , now we get it 34550.
(Sell condition),
should be make free candle under 33830
to get fully stabilizing sell zone.
(Buy condition)
should be make free candle above 34200
to get Buy zone.
***********
my previous idea about us30 :
** EURGBP BUY ** Target hit!The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
BEPRROUSDT Local S/R| .382 Fibonacci| 200 MA| Price ActionEvening Traders,
Todays analysis – BEPROUSDT- trading at a key technical location where a move up is imminent,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- 200 MA Support
- .382 Fibonacci Confluence
BEPROUSDT’s immediate price action is impulsive, trading above its local S/R that has technical confluence with the .382 Fibonacci and the 200 MA, allowing for a long bias.
The Swing High is current objective, exceeding this level increases the probability of a trend continuation.
Both oscillators are neutral, remaining in their bullish control zones is indicative of strength.
Overall, in my opinion, BEPROUSDT is a valid long 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
GBPUSD TP Hit 🎯Entry details are shown on the chart.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out do they.
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
Thank you.
Darren
EURUSD - Sell approaching TP 🎯Entry details are shown on the chart.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out do they.
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM.
Thank you.
Darren
AUDJPY Running in a Sell 🎯Entry details are shown on the chart.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out do they.
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM.
Thank you.
Darren
EURGBP - 4 out of 5 aint bad...🎯Win rate doesn't mean shit, I've said this before.
But, here we have a nice win rate coupled with a nice risk to reward.
The last 4 out of 5 were winners as you can see.
Alert is set ready to share the next trade should I be online - so ensure you're following.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out do they.
Also, see my 'related ideas' below to see more just like this.
Thank you.
Darren
GBPUSD - I'm Now In Sells 💥USD has had a poor week, could it hold at these levels and force some XXXUSD pairs back down?
Lets see.
Entry, SL and TP details are on the screen.
The last buy position worked out a treat.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out do they.
Also, see my 'related ideas' below to see more just like this.
Thank you.
Darren
NZDUSD - Sell now valid 💥USD has had a poor week, could it hold at these levels and force some XXXUSD pairs back down?
Lets see.
Entry, SL and TP details are on the screen.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out do they.
Also, see my 'related ideas' below to see more just like this.
Thank you.
Darren