Shorting BitcoinLooking for a higher low to be created down below. This is just what I see happening on a smaller time frame.
Zones
[17th Nov 2021] GBPJPY LONG IDEAPAIR: GBPJPY
BIAS: LONG
Here is a simple long setup idea based on the Break & Retest strategy.
bitcoin support & ResistanceThe current candle clearly shows there is a fullback and price action is very favor to UP MOVE
Buy the Dips
ETSY pump on Q3 earnings. My analysis with boxes.Hi everyone,
Let us take a look at recent NASDAQ:ETSY price development.
Huge leap from 234-239 zone to new highs at 283 .
Hard reject to 240 zone.
Climb back to 270 .
Taking a look at last 3 weeks volume profile, it is not uniformly distributed.
POC is at 239 .
Decent size volume occured in 270-275 zone, BUT mainly on the ask side.
What usually happens next in this situation :
Stock price either slices through the ceiling and squeezes to the absurd highs (like Tesla and Cloudflare)
OR
It diddles in the thin zone of the profile, repairing the structure, before the next big move. Here it's 253-272 zone.
Please like if this helped and comment your ideas.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise
XAU/USDi think the gold will keep going up till the next resistance zone TARGET ( 1830 ), and if he break this zone, then the next target will be Target HIGH ( 1870 ) .
Possible Retest..Will price retest micro level? or will it keep current trend and create a lower high for a short setup?..
XAUUSD Possible buy setup short termWill Gold clear level 1813 to complete the trade setup?...Level 1780-1787 acting as my range in play.
Pricevpulling down below 1780 will invalidate this setup.
USDJPY1H Bearish Divergence
Trend Channel/ Rising Flag Pattern
Currently at a Key Zone of rejection
Looking for Bearish Variation for entry and break of channel for confirmation to TP levels.
113.490 - TP 1
113.250 - TP 2
113.020- TP 3
112.800- TP 4
EURUSD 4hJust a snapshot of my HTF markup to follow on from my morning outlook posted earlier, i mainly keep my focus on 15m during session but always aware of the bigger picture.
$SPY 1HR SUPPLY N DEMAND ZONES THE TITLE SAYS IT ALL SUPPLY DEMAND ... STRAIGHT TO THE BASICS TELL ME WHAT YALL THINK.. they on point or ?? how can this get more descriptive >
EURUSD outlook for this morningEU was a bit crazy yesterday with reacting off of random levels. We could now start to see it range until NFP. Don’t force anything just let the market show its hand and react.
Ashapuran Mine Starting a new UPTRENDENTRY- CMP
SL- 114 (Conservative)
105 (Agressive)
TGT- 210
Price has come near the Demand zone and has touched it a few time.
The best thing is 2 Monthly zones and 1 Daily zone are colliding (sign of a strong demand zone) which seems to be difficult to be taken out. Also RSI is showing Regular Bullish divergence
Safe ones can wait for Trend Reversal to enter.
ADA Massive Channel!!Money Makers!
ADA has been on a crazy rise the past few weeks. I thought this channel was an interesting perspective and decided to share it. If it fails these levels and BTC decides to correct I can see ADA correcting very aggressively from these levels. I also indicated a couple of S/R zones with the horizontal line to show the next major supports if it decides to correct. A short position here would be a great idea with a very tight stop loss to maximize profits.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
XAUUSD August 2nd AnalysisRecent 30 min zones and 4H zones marked. Price broke 30 min zone and created bullish engulfing on 4H rejecting 4h zone. Expecting price to push to 1829.70 but could possibly reverse from one of the 30 min zones.
Left side is 5 min chart and right side is 4H.
Interesting zones for SVMJust for the overview.
Currently bearish in the 3D trend, but with take profit signal. I think we will oscillate between these two zones until there is a break, stood now rather downwards
Head and Shoulders on Daily with Entry Levels and TargetsWe have somewhat of a Head and Shoulders pattern at the 50-61.8% Fibonacci Retracement Level.
Upon Market Open I will be entering a Short Position with my stoploss above the highs
$TSLA Zones to look at as we move into next weekStarting to map out some key zones that may come into play for Tesla as we move into next week. With news of FSD availability we may see a move up in price on Monday. More detailed analysis to come.
ETH/USD: Bullish Rising Wedge; update!!!At the moment analyzing Ethereum in my trade, Im in profit around of $1,900 USD that was entry price level to long position, we're ok. Just that today, Etheruem forming a bullish rising wedge, for that, Ethereum could to continue up to $2,400 USD. i'm in profit and I move the SL at $1,827 USD.
GBPNZD, 1hr tf, buy at 61.8% retracement
Price also dropped for GBPNZD yesterday. We dropped until 61.8% retracement of recent rally. At the same time, there is weekly support around this level so we could say this is an area of confluence support.
Also it appears there is a possibility double bottom pattern forming. We could see some rally to the upside if this pattern play out.
Buy GBPNZD 1.9700
Stop loss 1.9630
Take profit 1.9910 (3R)
Use only 1-2% risk
Good luck
SHORT USDCAD DAILY SET UP 4HR ENTRYI have been watching this pair for a while as it has been moving back up to test fib levels and structure. I saw it break through the 61.8% fib level and head towards the 78.6% fib level. As it approached the 71.8% fib level it came to a Daily Zone and a Daily Bearish Trend Line. As I saw a new level of resistance form at the Daily Zone and Daily Bearish Trend Line I Decided To Go Short On This Pair
Anticipated BREAK OUT below the ZONE AREABefore I proceed with my view on this chart, I want to believe as a trader you already know the importance of 200 EMA acting as a Dynamic Resistance and Support, we have seen a break-out below the 200 EMA and a steady consolidation just above the SUPPORT ZONE AREA from January, a rejection at the Dynamic Resistance. We saw that price did range for some days before the BREAK-OUT to the Down-Side and a retest which created a Bearish Engulfing. At this point we are expecting a clear BREAK-OUT below the ZONE AREA and if that's achieved and a possibly we see a retest, a continuation will give a valid entry and a target at 19150.96.
NOTE: As a trader, by now you should already know that consolidation at SUPPORT or RESISTANCE AREA, a strong BREAK-OUT below or above gives a valid entry.
