BUY ON EURAUDYou can expect this trade to hit it's target. If you're interested in getting in this trade, you can analyze on a smaller time frame like the 5,15 min & hop in. this trade most likely hit it's target tomorrow or by sunday. follow me for more trades. i will be posting more. & also check out my previous ideas for accuracy .
Action
BUY OPPORTUNITY ON GBPJPYif you're interested in this trade; wait for an indication of rejection on the golden levels of the fib. if it rejected the 50 with bullish wick candle. place your SL on the 61 level or right below. If drops down to the 61 then rejects with a like bullish wick candle. we can place the SL 20 pips below the 61 level. once you're in be patient & take that buy up to 169 area. we can expect to get an entry around London & take it all the way up. follow me for more trades. i will be posting more. & also check out my previous ideas for accuracy
Don't miss hopping on this trendI have been following and mapping out this sweet structure of price and i believe I just found a sweet spot to hop on this trend to catch a sweet 10:1 (SL-15pips, TP-150 pips)
Don't miss this even though you need to enter with the smallest lot size of 0.01, just simply wait for a proper rejection candle stick.
My confluences:
1. Structure
2. Uptrend
3. Inverse head and shoulders
4. Waiting for NYSE and fundamentals
Enormous Descending Wedge on SPY Happy Saturday Ladies and Gents!
As with any other previous posts of mine I like to begin with letting everyone know I am not a professional trader, lol. I'm just a dude who likes to look at charts. I'm really just thinking out loud. Some how my kids aren't attacking me and I'm able to calmly and thoughtfully look at the charts, lol.
A few things to note before you read my thoughts on the SPY’s future price movements.
• I am not factoring in any economic data or potential rate hikes/cuts. This is strictly price action TA – which as you all know is just one piece of the puzzle. There are many different variables the can influence price action – I am just looking at one here.
• Consider that this is a longer-term outlook on the SPY. I believe this likely plays out over the next 2 – 3 months. Late May early June is when I think we reach the target area of low $340's - to be more specific, you can see that the trendline and price intersect at exactly $339-$338. I tried to take into account the time between peaks and valleys of previous price action when drawing the projected path (in yellow) but note it's just an estimate, lol.
Anyways, here we go:
The price on SPY is VERY likely going to continue downward!!!
We are at MINIMUM going to come down to touch that orange trend line. It's just been respected so many times in the past and we are so close to it. - it's like a magnet. Price WILL come down and tag it (maybe there will be a little consolidation before we do though)
I tried toning down the opacity of all the other trend lines so that it's a bit clearer. Essentially it looks like we have formed a giant falling wedge (ultimately a bullish pattern). I mean I do think once we reach the bottom of the trendline around the $339 area, there will likely be a massive move upward and an even larger breakout of this descending wedge.
FYI.... I tried thinking about time. This could happen late April to early June
I'm going to zoom in and bring back into focus the other important trend lines now (specifically the orange one) It's just seen so much action - it's very likely we come down and tag it - even consolidate there for a few days or week.
Comparing Price action daily TFI've been waiting for a pull back since the last pump up to resistance. Using stochastic RSI to look for pullback as well as support lines.
Circled current price action to the previous push to 24k.
I am expecting support between 25k and 24k before bouncing and next resistances at 31.2k and 34k.
Rsi is under a huge bearish divergence so I do expect the next push up to be short lived.
Micron Technology: Short Under 57$I'm planning a short trade on Micron ( NASDAQ:MU ) for 1 week.
The idea after the first "signal" obtained last monday was to see a retraicemente and then a new trigger. Better to trade beyond 57$.
Then today I have one of my fovourite trigger, thanks @ArduinoSchenato
I'll buy some Turbo24 short certificates by IG.com. Target is 53$.
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ITA
Ho pianificato il un trade short su Micron già da una settimana.
L'idea dopo un primo segnale avvenuto lo scorso lunedì era proprio quella di vedere un recupero e un nuovo segnale, meglio se con chiusura sotto i 57$.
Oggi quindi il prezzo mostra quanto avevo pianificato con uno dei migliori trigger che uso sull'azionario. Thanks @ArduinoSchenato .
Domani quindi potrei tradare short questo titolo, attraverso l'acquisto di certificati Turbo24 di IG.com. L'oiettivo è la zona 53$.
SasanSeifi💁♂️ BTCUSDT / 4H HI TRADERS ✌ The Possible scenarios of #BTC is specified on the chart,After correction from the important resistance range of 25200, the price faced correction to the range of 20800. Currently, as you can see, the price is trading in the range of 23,700.We can expect the price to grow to the 24,200/24,300 range and then a minor correction to the $25,000 range again. We have to see how the price will react. Maintaining the $23,500/$23,300 support range is important for a positive swing.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
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