SynergyTradingSetups

SynergyTradingSetups Updated 

FTSE 100 has reached a major resistance after the breakdown that we called around a month ago. We are looking for a reaction at this level to possibly go short and we will updated if we take that position.

SynergyTradingSetups Updated 

Chainlink has hit its resistance again and followed up by breaking support. Markets are bullish right now and underperforming so this will be a small position on my side. 75% TP on the first target and 25% at the second.

SynergyTradingSetups Updated 

SUSHI has held its support for months. After the recent BTC run, money is flowing back into alts. Sushi is a terrible coin that no one should hold, however, we want to make money off of anything. This would be an incredible opportunity should the current resistance break. Sushi is also a coin that could pump massively hence the third target shown below.

SynergyTradingSetups Updated 

Following this wedge as DJ30 rose above its resistance. We are looking to see if it breaks the wedge and then falls below the support. Price could fall to 32500 and then continue rising up or we could be setting a lower high on the daily tf before a further correction down.

SynergyTradingSetups

GBP/USD has been on a recent rally after hitting our first TP of our last short. Now it has formed a bearish rising wedge with multiple counts of bearish divergence and it has also rejected its previous resistance. Should the candle close outside of this wedge and then confirm the breakdown we will be short with the targets shown. Set your alerts! The DXY also...

SynergyTradingSetups Updated 

After the last short, silver pushed higher to make one more high with lower levels of positive momentum- Triple bearish divergence. It has now broken down form the rising channel. Stop loss should be above the high but to make the first trade equitable it needs to be there

SynergyTradingSetups Updated 

4h rising wedge with bearish divergence could bring the price to backtest 25k after making our first target of 28 k. The same fractal as the ftse trade I posted a few weeks ago, it played out wonderfully.

SynergyTradingSetups Updated 

After being stopped out by a marginal higher high I've now re-entered a short with SL just above 74. Looking to profit from this one as I am confident that OIL will pull back.

SynergyTradingSetups Updated 

OIL is breaking down from its horizontal support after an impressive 10% rally up. I expect a decent retracement and have entered the shorts shown. The 4h also shows it to be in a potential bear flag further supporting the argument for a pull back.

SynergyTradingSetups Updated 

Mid-Term bearish on silver with clear SLs TPs. Bearish divergence and hit a major resistance on a higher time frame.

SynergyTradingSetups Updated 

SPX Is currently in a bear flag although it is breaking the supply curve. We are bearish unless the price finds support above the red box (4100)

SynergyTradingSetups Updated 

Going long on oil again for a potential 3/3 in the past three weeks. Broke the support before coming back over, breaking the downward resistance and backtesting the old support once again as support.

SynergyTradingSetups Updated 

After ATH for the FTSE100, the development of bearish divergence within a rising wedge has occurred. This bearish pattern has broken down now and I AM SHORT at the current levels. I am looking for the price to come down to 7700 where I will take some profits. Followed by 7600, 7400, and finally 7000 I don't have a stop loss in place as I think it could put in...

SynergyTradingSetups Updated 

Double top confirmation, looks like a reverse adam and eve pattern. Bearish MacD developed.

SynergyTradingSetups Updated 

Oil has broken out of the curved trendline and backtested old support on the 15 min. I have taken this trade with small margin as the overall trend for OIL is down.

SynergyTradingSetups

Comment for reasoning. If this breaks down then I will be short in the medium/long term also.

SynergyTradingSetups

So the FTX mess really destroyed the potential that crypto had to rally. The DXY broke down as we predicted hitting our third target on Friday, letting the stocks and currencies rally against the dollar. However, crypto was left out of this rally because of the FTX mess. So where is the next opportunity?? After not holding 19600 and breaking the 18500 support...

SynergyTradingSetups

Following from my last BTC update the price action has followed what we wanted to see. - Breakout from the supply line. - Break of very important 19600 level. - Bullish divergence starting to play out. - MOST IMPORTANTLY fall of the DXY. I believe a rally will ensue for a few weeks. There are some alts that look like great opportunities which I will post in...