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Zones

GBP AUD Selling in playWe have our sell from Friday - it is important to note the supply is in the purple box showing where the supply block and wicks are located. 1.865 showed us the real volume wicks where the orders were hiding. We sold due to price kissing the true zone of orders and a great indecision candle Lower zone had a great doji which is what we needed to draw the zone. We are risk free and will look for a sell again next week. If you like our work, leave a comment or like. Thanks, Lupa.
Short
by LupaCapital
EURNZD short trap!Notice how price is breaking the 2H zone, yet approaching the Red Line (4H S/R Level)? This will entice many traders to come in and short here seeing that heavy resistance. For those that i teach and know my Zone Strategy, we will wait for the break & retest of the zone, then will go Long eating up all the retail stop losses :). As always though, If we see rejection here at this zone in the form of a Pinbar, Bearish Harami, or Engulfing we will Short. Price action is king, and we are fluid and open to changing bias on the drop of a dime. Beautiful set up none the less. Enjoy traders.
Long
by scottmal89
2
Crucial Zones Testing In BankniftyLook at the bigger picture. On the chart itself Banknifty is stuck between a significant support and resistance zone. For all those who are waiting for going long on banknifty, a close above this level might decide the future. Also, if you look at RSI it is in the key support zone . If RSI trends upward after taking support at this level long positions can be initiated. On lower time frame if the ascending triangle breaks successfully then upward momentum will be confirmed. ( There might be chances of triangle breakout failure for short term as seen in USDINR) This setup might take a few weeks to occur or could never happen if the above zones break easily due to any reason. Wait for confirmations then initiate a long position in this scary bearish market only if you believe in your setup. This explanation is only for educational purpose and isn't any kind of recommendation. Don't take any action based on this explanation itself. Consider your financial advisor before taking any trades. Thanks for your time. Happy Trading
NSE:BANKNIFTYEducation
by Trader_Tech
4
Bitcoin Levels April 2020Bitcoin is currently standing between the weekly open and monthly open levels. Quick analysis of the levels anticipates the following levels: March Open - 8523 April Open - 6412 Weekly Open (20 Apr '20) - 7121 Yearly Open - 7195 BINANCE:BTCUSDT In case of a candle close above 7450 - 7500 it is quite certain to expect the next zone at 7600 - 8100 to act as resistance. With 17 days before the halvening on the Bitcoin block reward, we might expect volatility on both sides. Let's see how we progress. Eyes on the prize!
by Bimbo_Capital
ALKS - INSIDERS SHORT sign + SPY WEAKNESSHi traders, I am going to share yesterday's trade with you, that we opened in our accounts. It was a SHORT in a market that is in a pretty nice downtrend. You will probably have a question - Why do you open short trade in this falling market? Because INSIDERS increase their SHORT positions - and that´s a SHORT sign ! Trading with them is much easier than against them. In the video, I focus on the volume profile too, and how to use SPY for the confirmation. Trade parameters ( NASDAQ:ALKS ): Direction: Short Entry: 15.90 Stop-loss: 18.44 Profit target: 10.79 Good trading! Jakub FINEIGHT
AMEX:SPYShort
by Fineight
INSIDERS enter the GAME! - let´s FOLLOW them!!Good morning traders, I am going to analyze the 2 markets that I opened yesterday. The really fantastic amazing thing behind these trades is, that INSIDERS open their positions too . And what´s the truth about them? They have the BEST information about THEIR company . Neither you nor I can ever know what's going on inside those companies. So if you see INSIDERS increasing their LONG positions in a bull market , prepare for a nice RALLY . And finally, if you see INSIDERS increasing their SHORT positions in a bear market , prepare for nice SHORT trades . List of trades: 1) NYSE:EDU 2) NASDAQ:FFIV Good trading, Jakub \ FINEIGHT team
NASDAQ:FFIV
by Fineight