MarcsPal
Market Structure: - Regression-Channel Downwards - At Trendline-Resistance - At Resistance-Zone - At Next Months Pivot Sellzone -> Wait for price to stabilize after this big move upwards today. Then short if it still didn't break trendline and resistance zone. Everything speaks for a heavy monthly bearish entrance. The pivots are pretty tight, because price...
Forming a reversal pattern. Waiting for a small correction to around 129.361 then buying to 55EMA, take partial profit, move stop loss and then going to this weeks M1 Pivot.
Textbook reversal pattern on the 1H Chart. After a long downtrend we now have a pretty obvious reversal pattern right at support and monthly S3 Pivot. Target is this weeks M4 Pivot (83.000).
Such a nice sell 4-8 hours ago. Missed it unfortunately but you can still get in, it is a bit more risky though. You also get paid overnight swap for short positions on most brokers.
Perfect Short Entry for Natural Gas. Its in Sellzone for this weeks pivots, next weeks pivots and this months pivots and it also rejected resistance and also top of channel.
Beautiful wedge on 4H, wait for breakout and then Sell/Buy in direction of breakout. Target is next weeks M1 Pivot for Short or next weeks M4 Pivot for Long position.
Downtrend. Looking for correction to monthly/weekly pivots then short to next weeks M1 Pivot.
Bitcoin broke through the resistance zone and we are in a short term upwards channel. Target is this weeks M4 Pivot at around $11900.
Massive Downtrend, perfect correction to previous support zone which is also this weeks sell zone based on weekly pivots. It also is in the current 34/55 EMA Zone. Everything speaks for a heavy bearish entrance. Target is this weeks M1 Pivot (1.10000).
Best case scenario would be for price to come back to weekly central pivot but it is moved down so quickly, that I don't think we are gonna get there. So look for a short position when price touches the 13/21 EMA instead. Target would be the drawn Support zone which is also weekly S1 Pivot.
Price is in a massive downtrend, Sell pullback to 21EMA or to weekly central pivot. Target is Weekly M1 and Monthly M1. As they overlap I assume there will be a lot of bulls coming in, so better get out there (0.67133 - 0.67033).
Selling Lira because the overnight funding you sometimes get is just insanity! On my broker I get 0.05% on my LEVERAGED position... PER NIGHT! That's 1% in just three weeks! For example I sell a position for $1000 which is leveraged x100 = $100,000. I get $1000 in just three weeks which is my initial investment, this means I make 100% ROE in three weeks if market...
Wait for correction to the weekly central Pivot of next week, then Sell between the 21/34 EMA and below the weekly M3 of next week . Conservative target is M1 of future weekly Pivot and agressive target is at S2 future weekly Pivot . Shorting Euro is generally a good idea these days because you also get money (Swap) from most brokers for holding the position over night.
1. Scalp on breakthrough of weekly S1 and Support-zone. Target: Weekly M1. 2. Wait for correction then sell at next weeks Central Pivot Point / Role Reversal of the Support-zone. Target: Next Weeks M1 / Monthly S1
If price stays above orange trendline we are looking to buy below the central weekly Pivot of next week (in the green zone). This means we are looking to buy Friday afternoon/evening (before market closes) and/or Sunday evening when market opens again.
Wait for correction to the weekly central Pivot/M3 of next week, then Sell between the 55/100 EMA and below the weekly M3 of next week . Conservative target is M1 of future weekly Pivot which is also S1 of this months pivot (PLAN A). If Pullback is stronger then sell at monthly pivot point/trendline/top of regression channel (PLAN B).
The lower (yellow) trendline coincides with the 100 EMA (gray) which indicates a strong area of support and this trendline also crosses with the next monthly Pivot-Point and also with this weeks Pivot-Point which makes this support zone super strong (I marked it with a yellow circle). Next up, we have a strong resistance where the price is right now because the...
The technicals are telling me to go short, the fundamentals (LTC Halving) are telling me to go long. So... Pick your poison. If you are conservative then you would want to wait and see where price is going. We have a strong rejection of the down-trending trendline and if this move continues, consider a short. But if the price breaks and closes above the red...