we can have a break of flag and a short continuation Trigger at support area 1.07 break
It is important that we utilize the higher time frames for direction bias and target the highs or lows where liquidity is found. ALWAYS trade in the direction of the HTF. LTF are used to refine your entries. 1. Identify market direction - Daily/4hr chart. 2. Identify your current trading range. -Daily/4hr chart. 3. Get your Fibs retracement tool and draw from the...
LSE:TRB looking to break above the $148 level with RSI entering overbought territory. We could see some more increased volatility around that level.
EURJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into...
Judging from the daily chart, the price has fallen below the 50-day moving average, and the 10-day moving average and the 20-day moving average have formed a cross, indicating that short selling will continue in the short term. Bitcoin is in a short-term downward trend after falling below the important resistance level of 63,000 yesterday. Today the price...
Here are some levels of interest that can help us find if we make a higher low, new low, or new highs in this weekly period. L3 to H3 represents projected range. L4 and H4 are breakout points to upside and downside.
Is this rally coming to an end. Yesterday afternoon market sold off which continued to ETH session. Any test of ETH session Low could provide direction for the day. Level to watch: 5195 --- 5193 EIA Petroleum Status Report 10:30 AM EST
Hello Traders! Price sells off and takes out lows formed last week. I suspect price will make a lower swing high in the near future and sell off.
My dear subscribers, This is my opinion on the AUDNZD next move: The instrument tests an important psychological level 1.0959 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0996 My Stop Loss - 1.0936 About Used Indicators: On...
Expecting a good week for SEI, assuming this was as far as it will retrace. Judging from its other moves, they also had shallow retracements. Bullish on this long term as a solid, practical layer 1 choice for builders.
BTC: correcting in 3 waves toward fibonacci confluences of 100% fib extension and 50% back retracement of the up move from MAy 1st lows. Trying to catch the 5 of 1 and the big wave 5 towards 78-80k Entry @ 61760 SL @ 59700 T1 (50%) @ 63100 T2 (25%) @ 66358 T3 (25%) @ 77800
USDCAD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short USDCAD Entry Point - 1.3745 Stop Loss - 1.3786 Take Profit - 1.3679 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hi guys so this is a Macro analysis on Shopify (SHOP). Recent weeks of price action have got my eyes on SHOP. Lets jump right in. This analysis is done on the 1 week timeframe thus supporting a Macro lens look on whats happening. As you can see, ive highlighted key area with an Orange rectangle. Below it, you can see candles attempting to get into it and...
Here are my levels for the week. I have been really busy outside trading so I have not been able to post many updates. I continue to trade these levels a few hours every morning. Treat the levels as as support, resistance or targets. The market is currently trading in a large consolidation pattern with large daily ranges. The levels noted are the one are I feel...
I'm currently exploring a potential short opportunity for the S&P 500 (SP500) using Elliott Wave principles. Our analysis suggests that we're nearing the completion of a bullish phase, potentially setting the stage for a corrective downturn. The market appears to have completed an impulse wave sequence, with the final wave (5) potentially culminating soon. This...
This is about an authentic Bitcoin halving index. We place the prices between the halving dates at a common starting point. But what makes this index more credible? I’ve seen many similar indexes, but none of them were properly constructed. Satoshi Nakamoto mined the genesis block on January 3, 2009. This date marks the beginning of the Bitcoin network....
Not financial advice. NYSE:SHOP drop after earnings, still inside broadening formation possible on its way to fill the gap in the purple box. will see if it gets fill and bounces or goes and revisit the bottom of the formation. RSI indicator is a bit high. Like and subscribe for more ideas
BTC - Trading in bullish pennant !! Break out ! (Bears rekt)