Weekly-Montly AUD/USD chart analysis FX:AUDUSD
There is a strong Bullish Trend on the chart, However, its been tested several times on the support and resistance zone which makes it looks like gonna make a new trend
If the price move below the support zone, it would make the Bearish Trend
And if the price move above the resistance zone, it would continue the previous Bullish Trend
im aiming the price to go bearish and here my future setup
Entry Point = 0.74810
Take Profit 1
162.3 pips = 0.73187
Take Profit 2
273.4 pips = 0.72076
Take Profit 3
380.3 pips = 0.71007
Stop Loss
122.2 pips = 0.76032
Weeklymarketsanalysis
Possible Retest For A Swing Sell Happening This WeekLast week, GJ showed fatigue at a weekly level and took a nosedive for the week. It actually created a bearish engulfing on the weekly chart, so I', looking for a retest of last week's move before a continuation down. I have my BULL TPs a little too high this week because I don't really know how long the pullback will last before we continue dropping. Always good to play both sides of the field until you get what you want.
BEAR TPS:
149.837
149.334
148.296
147.442
BULL TPS:
150.834
151.260
151.633
152.091
NASDAQ 100 analysis. Get ready for next week!!!Nasdaq 100 expanded on Thursday engulfing Monday, Tuesday and Wednesday trading ranges. On Friday index expanded on the 15-minute chart as shown above. This can certainly create a big move of more than 100 points in either direction. Yet uptrend is more likely to hold.
Risk Management
If the price moves 100 points how much do you want to risk? 20/30 points?
How much margin do you need to execute a trade? $20 per standard lot?
How much % risk do you want to take? 2%, 10% on this trade?
Trade efficiently, Trade safe!!!
USDZAR 14.28480 + 0.17 % LONG IDEA * PRICE ACTION & STRUCTURE HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / ZAR .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
CAC40 6275.52 + 0.28 % LONG IDEA * BREAKOUT & STRUCTURE HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CAC 40 INDEX.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
The Bull Market is just getting startedHello Everyone,
I have been seeing a lot of people saying that the bull market is over. I am still very bullish and for the last 3-4 weeks I have been calling for a drop to around the $45,000 area. This thing is just getting started. Let's go over a few things.
1. There have been 2 other bull markets all lasting about a full year from their previous all time highs. Why would this one only last 4 months?
2. Both bull markets have experienced several 30-40% corrections back to the 20 and 50MA on the weekly chart. A correction back to the low 40s makes sense.
3. I have posted a very similar Ascending Wedge around the same timeframe where bitcoin had a break down followed by a 2 week sell off followed by a massive climb. We have had the break down of the ascending wedge, now I am looking for 2-3 weeks of sell off then a large run upwards.
4. Bitcoin has not yet tested a weekly MA. In both previous bull markets we "danced" along and between the 20 and 50MA several times. I believe for this run to be healthy, bitcoin needs to see a correction back to the MAs.
5. Institutions, tech companies, etc mostly bought around the $40-50k area. Why would they sell for a loss or ride this wave to walk away with barely any profit % wise.
I believe we are currently where the white circle is on the 2017 weekly chart. It is around the same timeframe with similar price action occuring.
Please take a step back, relax, and look at the macro view. If you want to capitalize on this drop I suggest using a DCA strategy or averaging down. It is very difficult to catch the exact bottom.
As always. be patient, use risk management, and good luck trading.
LITUSDT is ranging between weekly structuresLITUSDT is ranging between weekly structures and the price is creating a very nice triangle. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SPX's weekly update 3ed week of April of 2021Featured Ideas of the week included.
- P/E : still through out April @ 40 .93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: still through out April @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.580
historically 10y note underperforming SPX in April & it has a sideway movements in April as well.
- Insiders: Free data are no longer available on the website, still April 1st reading !!! 2 websites are locking free data !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
with Q2 of post presidential election, since 1950, gain of 5% (already 3.5 % in the firs 10 days LoL !!!
- Deviation : Daily - @16.38 % (80 % single pullback) weekly - @40.94 % (46% single pullback) believe it or not this is the lowest
reading of a possible percentage of a Single correction!!!!.
- Candles Auto recognition : still under the influence of the White Marubozu 84 % bullish move NEXT. Nothing 7 months for monthly.
- Putt/Call composite @.607 Vs. .600Vs. last week = Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming & looks like a sideway consolidation.
-Total Option Volume: 450439Vs. 478329 Decreased a little bit from last week less puts bought not feeling to hedge!.
- VIX : In our safe green zone, we hit 15.38Vs. 16.38 last week Lowest seen # since last years crash + Closed 2020's
"GAP" + Lower low = Not risk insight !!!
- VWAP: @ 55.45= No man's land
- DIX : 42% No man's land.
- GEX : @ 7,000,000,000. 55% tops land, 35 % up swing 10% false signal. (HIGHEST READING IN 2Y)
- SPX : Above averages . We are getting 4 of them in the 90s very rare bullishness move here. !!!!
- NYSE: Above average nothing to mention.
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Key for this week :
1/ Bullish Barubozu Candle 84% success rate still in control.
2/weekly Higher Deviation = lower probability of a pullback.
3/Elliott wave we are in 4 of 5 of 5 March's low to waves to go before probable completion of 5 waves up since March's low.
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AUD/USD D1As you can see from the chart above, the price was in the retracement phase, but on the last week it could break the MS to the upside, take off previous highs and break through the consolidation zone. This week we expect a little pullback to the breaking point of the trendline and retest the support zone, which was a resistance in the past.
Stay tuned. We will update you on Tuesday and give a valid trading setup.
It's Time for the USD to Begin it's Next Bullish WaveUUP Testing to see if it can find new support at previous resistance after a prolonged breakout of a falling wedge. Now looks to be a good time to buy some cheap call options expiring within the next 1-3 months.
This also seems like a good signal that being careful with trading FX pairs against the USD seems to be the right thing to do as the USD looks like it may show new continued strength at any moment now.
Overall in the mid to long term the USD seems like it will be quite Bullish
SPX's weekly update. 2ed week of April 2021- P/E : @ 40 .93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.666
historically 10y note underperforming SPX in April & it has a sideway movements in April as well.
- Insiders: 6 Sell, 2 Buy. No up date on the website, still April 1st reading !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
with Q2 of post presidential election, since 1950, gain of 5% (already 3.5 % in the firs 10 days LoL !!!
- Deviation : Daily - @15.37 % (80 % single pullback) weekly - @39.06% (76% single pullback)
and at the edge of a 54% double digits pullback.
- Candles Auto recognition : White Marubozu 84 % bullish move NEXT. Nothing 7 months for monthly.
- Putt/Call composite @.600 Vs. .597Vs. last week = Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming
-Total Option Volume: 478329 Vs. 378667 big increase 25% up from last week.
- VIX : In our safe green zone, we hit 16.69 Vs. 17. 40 last week
Lowest seen # since last years crash + Closed 2020's "GAP"
- VWAP: @ 58.30 = No man's land, closer to up swing..
- DIX : 44% No man's land closer to a bottom or up swing.
- GEX : @ 22,999,000,000. 55% tops land, 35 % up swing 10% false signal. (HIGHEST READING IN 2Y)
- SPX : Above averages . We are getting 3 of them in the 90s very rare bullishness move here. !!!!
- NYSE: Above average nothing to mention.
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Key for this week :
1/ Bullish Barubozu Candle 84% success rate.
2/ Higher Deviation = Higher probability of a pullback.
3/ GEX is the highest in 2 years !!!
Weekly Outlook! 4/12-4/16Here is our weekly market outlook video for this coming week!
We take a look at the market as a whole as well as a quick recap of last weeks video!
AMEX:SPY NASDAQ:QQQ NASDAQ:FB NYSE:UBER NASDAQ:TSLA NASDAQ:AVGO NYSE:UPS NASDAQ:ATVI NASDAQ:QCOM NASDAQ:ADBE NYSE:FDX NYSE:WWE NASDAQ:NFLX