Tommy_Trader

Tommy_Trader

#XBTUSD #Bitmex #Daily #Tommy - It’s been a quite while since I have TA’d XBT. Here is XBTUSED daily candle. - After successfully breaking above the red box around 10600, XBT has been making higher highs and lows. - Finally, it broke the 12163 and 12340 above, which were the recent previous highs that are considered to be a very significant area by many traders....

Tommy_Trader

#GBPUSD #Forex #FXCM #Daily #Tommy - Here is GBP/USD daily chart. Currently it has consistently tried to break the massive resistance area which I have drawn it with the red box (Around 1.3200). _ Furthermore, it is also being resisted by the downward mid-term trendlines(red and blue). With the deathcross shown on the MACD and that the RSI has just escaped the...

Tommy_Trader

#AMAZON #Nasdaq #Daily #Tommy - Here is AMZN Daily linear chart. Currently recommending daily traders to keep an eye on the blue long-term upward trendline. - I have marked it with the red box. Obviously if this area gets broken below, on the other word, if daily candle closes below this very trendline, correction phase can be expected. - In a shorter term,...

Tommy_Trader

#Forex #AUDUSD #FXCM #DailyCandle - Here is AUD/USD daily chart. It recently broke above the major resistance area around 0.70320~0.70770 and some bullish wave structure have been constructed after. - Seems like it already retested this area more than twice after breaking this above. - As can be observed in the daily indicators, the RSI is consistently...

Tommy_Trader

#EURAUD #1hr #FXCM - This trading setup is valid only until 10hours from now. Long EP; 1.64400 TP1: 400pips (RR: 1) TP2: 650pips (RR: 1.62) SL: 400pips

Tommy_Trader

#XBTUSD #Bitmex #1hr - BTC recently broke the recent high and made a higher high. - Now the previous high might be considered as a major support. - The trading setup below is worth taking a risk for a mediocre risk-reward ratio. - Note that the 1hr RSI has shown pretty decent bearish divergence signal. Short-term Long Trading Setup EP: 11480.0 SL: 11405.0 TP1:...

Tommy_Trader

#TESLA #NASDAQ #4HR - Here is Tesla 4hr log chart. During the recent few days, Tesla has shown some powerful bullish momentum. - Yesterday it mad a new high at 1792 and has been resisted by the top of the red channel. - According to my wave counting, I believe all of the impulsive waves have appeared and correction phases are about to emerge. - The resistance...

Tommy_Trader

#BTCUSD #Bitcoin #Bybit #Tommy #1hr - Here is BTCUSD Bybit 1hr. It just broke the red upward trendline and is making a long tail. Not a surprise. - A support area has been confirmed at 0.618~0.705 retracement of the previous impulsive wave. It’s also around the bottom of the black channel. - If Bitcoin shows more bounce movement, we can expect some resistance...

Tommy_Trader

#BTCUSD #1hr #Bybit - Here is BTCUSD Bybit 1hr chart. Right before and after the weekly candle has been closed, it showed the scam move as always. Pretty sure a lot of retail traders had suffered because of this move. - For right now Bitcoin has been resisted by the orange trendline above and is going through some correction phase. For smaller time frame, we...

Tommy_Trader

#XBTUSD #1hr - Here is XBT 1hr. Currently it is showing the sideway moves with long candle tails both up and down. Perfect place for retail traders to get wacked. - For now, pay attention if we can break the top of the black channel above. It has been resisted by the top of the channel for a while and thus we might expect a high bullish movement once the top gets...

Tommy_Trader

#Bitcoin #XBTUSD #1hr - Here is XBT 1hr. Right now we have to pay attention to whether we will break the orange up trendline above or break the black channel below. - XBT is being resisted by the orange trendline and at the same time, it is being supported by the bottom of the black channel. - I think a big movement is going to emerge soon so we need to monitor...

Tommy_Trader

#CrudeOil #CLN2020 #4hr #Midterm - Here is Crude oil 4hr. Today I will analyze in a bigger frame and let you guys know where we are. - After making a new high at 38.18, it is right now being corrected. In a shorter frame, it is currently in a symmetrical triangle and we must moniter when iit gets broken. - Also we must pay attention to the orange parallel...

Tommy_Trader

#NASDAQ #NQM2020 #1hr - Here is NASDAQ 1hr chart. It recently broke the blue uptrend line below and dropped down making a low around 9505. After that it bounced right back up. - This V shaped kind of patterns appear a lot these days where a lot of retail traders get mashed. - Within 7 hours, if we see more bullish momentum, based on the top of the many channels,...

Tommy_Trader

#Bitcoin #XBTUSD #4hr - Here is XBTUSD 4hr. Recently it broke the recent high and have been resisted by the previous sideway volumes and 1:1 fib extension of the recent impulsive waves. - After, it is going through some correction. If it gets corrected more, based on the fib retracement and previous sideway volumes, we can expect some supports at 9870~9980 and...

Tommy_Trader

#NASDAQ #1hr - Here is NASDAQ 1hr. It broke above the ascending triangle and is showing bull run. - We highly need to pay attention to green, blue and red upward trendline. - The green trendline has already been broken above and thus if it goes through some correction, we can expect some retest support where green and blue trendline overlap. (right now it’s...

Tommy_Trader

#Amazon #1hr EP: 2440 / 2420 TP: 2455 / 2470 / 2485 SL: 2410

Tommy_Trader

#AUDUSD #1hr Long EP: 0.6743 TP: 0.6756 / 0.6762 SL: 0.6730 Risk Reward Ratio: 1, 1.46

Tommy_Trader

#BTCUSD #Bybit #1hr - Here is BTC 1hr. As I have mentioned previously, BTC has touched the resistance area around 9750 and has gone through some correction. - The orange long-term down trend line, which I have emphasized many times before, has not been broken yet. - The short term resistance areas that could be considered are 9680~9720 and 9770~9830. - The...