CADJPY BOUNCEHoping to see a bounce after a large drop, due to this happening previously. Currently the price hasn't followed the same price surge we saw previously, although I'm still hopeful.
Bounce
EURCAD SHORT FROM 1.34 TO 1.22Trend is strongly down; RSI is below 20 on the weekly. Gonna wait for a strong bounce to a clear resistance. 1.34 is the clearest resistance and easiest trade that I see. 300 pip bounce before selling
Nice spot for a bounce on crypto marketThe crypto market has been in consolidation mode for a month since the big break down of mid june. Price perfectly held the retest of 2017's ATH.
Now the whole crypto market broke up this consolidation and is currently retesting it.
If you think the bottom is in and you would like to be long on this market, it's currently a nice area to enter position.
Keep it simple, use horizontals.
Thanks !
SOL bounce from strong zone🥊Reasons to take long:
⭐️ BTC has fallen too sharply
⭐️ Retesting strong zone
⭐️ Impulse is too sharp
⭐️ Pinbars are present
⭐️ Only 1st approach
Idea will be invalidated if we see further range in this zone for a couple hours
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
AUDCHF I Swing Downwards 70+ pips Welcome back! Here's an analysis of this pair!
**AUDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDJPY Potential Buy from Support Welcome back! Here's an analysis of this pair!
**AUDJPY - Listen to video!
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VITAL AUDUSD LEVELPair: AUDUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, pennant pattern, resistance
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Key Takeaway: Need to see break or bounce of this key level
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Level needed: Need to see price hit 0.0.69500
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Trade: neutral
RISK:REWARD : —
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
BTC: LAST HOPE FOR BULLS!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is continuously dropping after the rejection from the $22.5k resistance level. It is forming a bear flag in a 12hr time frame and currently hovering near the lower trendline of the flag. As long as BTC stays above this lower trendline ($19k) we can expect a bounce from here.
If in any case, it breaks down from this bear flag (Break below $19k) then be ready for another low.
Support:- $19k
Resistance:- $22.5k
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what does it mean for btc?Dxy got rejected from 4h resistance as Spx forming cup and handle formation. As bitcoin follows it's fellow Spx what is about to come? Macro economics promising nothing but charts looks pretty. May be a short term bounce followed by bottom accumulation is waiting for us.
FB potential bounce playHey all,
I've gone back on FB's chart and highlighted a point similar to where I believe we currently are. I think and hope we pull back into the end of the week; from that point, I am looking to likely buy dips in anticipation of a bounce. I think the bounce conservatively takes us up to the high 180's. Best of luck all
NVDA Updated ForecastHey all,
I've been making plenty of posts lately about possible bounce plays into the end of July, one of which was NVDA; noticeably to me, NVDA is the only name that hasn't held up well since I've made said posts. Looking back at NVDA's chart, I'm still very confident it has a strong bounce into the end of July-especially considering market conditions, NVDA's oversold state into a strong support zone, and its history of strong bounces ahead of future legs down. HOWEVER, I'm no longer confident it sees the low 210's anytime soon as I previously predicted; my conservative, revised price target would be the low-180's. Should NVDA see the low 210's in July/August, I still believe it would be a generational shorting opportunity.
Note- though I do own some NVDA at a cost basis of 153.61/share in anticipation of a bounce, I am trying my best to provide objective advice to help you all navigate the markets
Possible pullback into larger bounceHello all,
I'm currently watching SQ as a swing long on a potential pullback into the end of the week to benefit from a potential market bounce that I've been anticipating into the end of July; I think we are repeating patterns across the board that we made in the lead-up to the march fakeout Rally- made a rectangle around where I suspect we are in said lead-up. Not everything will be 1 for 1, of course, but my convictions through July are that we go higher before the market eventually makes the next leg lower. Best of luck all!
BTCUSD Bottom?Maybe this is the "Bottom" we're talking about.
Still, the volume isn't magically come, we have to wait and wait and wait like a donkey.
Can we go to 17.6K 2nd times? Probably.
Trade safely.
guessing a gap down will be for buyinga gap down in the nasdaq makes the most sense to me at this point, and i would guess that if we buy that up and defend the $23- high $22s we sould revisit TRAMA and get VWMA to change directions targeting high $23s - low $24s which is also around the .618 of the daily bounce retracement
Channel or Bear FlagWe are sort of in this channel or possibly a giant bear flag right around the bear market zone. But short term, looking for a rally to 4000 on SPX futures.
TSLA bounce play!?Hey all,
Though I remain bearish macro on the stock market, my eyes are peeled for potential bounce plays ahead of the next leg lower. I do believe that TSLA has all the makings for a strong bounce into its earnings report in late July, especially. IF TSLA gets below $621/share, this possible bounce play would most likely be invalidated. That being said, it currently rests above it and could present a favorable risk: reward play. I warn you all though, if this rally does occur, please don't buy in at the top, and be sure to lock in profits! My FINAL price target for TSLA would be around $975/share, though some might look above to the resistance trendline(Not confident it gets there). Best of luck all!
AMD Bounce play!?Hey all,
If you look a little bit left on AMD's chart, you'd see that the mid-70s level is very strong support for AMD. Considering my bullish thesis on NVDA over the next month(though I think it will eventually go lower), I think playing a bounce through July is the right move to make. I just took a long position on AMD at $76/share, but it is very possible it goes a little lower before the said bounce. I WARN you guys though, that I'm only playing a bounce, and this is not an investment; I do think AMD will eventually go lower. I think a conservative estimate is that AMD will see the mid-high 80's again, though it is POSSIBLE AMD sees the high of the range it is trading in in the high 90s. Best of luck in your guys' trading!
big orders bumping around triple qsusing order flow analysis and a volume profile you can see that a lot of action around the upper 24s has led to a bounce in the nasdaq and TQQQ 3x is a great way of capturing that. if we hold $24.58 and break $24.81 we should see that $25.86 level again no problem. envelope is flattening out, so id imagine this bounce has legs as long as were not seeing outflow on this etf.
NZDCHF I Will return to middle of channel +120 PipsWelcome back! Here's an analysis of this pair!
**NZDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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DEAT CAT BOUNCEHey guys,
I went back in the chart and circled what I considered to be similar situations to where we're at right now. I think over the next month, there is an extremely high chance CAT has a fakeout rally that could very well reach $225/share. That being said, I don't expect it to breach ATH's, and I expect the rally to be an incredible shorting opportunity before a potentially violent markdown phase. The agriculture sector is still relatively high up, and when you look into it, it is fresh off of distribution and primed for a markdown(made obvious in names like DE, CF, and MOO). I am currently waiting on CAT to rally, hopefully up to $220-230/share before selling my position and flipping entirely short on the stock. I expect this stock to see the low $100's well before year-end.
Disclaimer: I was previously short CAT, and am currently long CAT at $180/share in anticipation of a dead CAT bounce(ha)
USDCHF I Approaching Demand Buy Zone!Welcome back! Here's an analysis of this pair!
**USDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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BTC - Here comes the bounceJust one man's somewhat educated opinion and that education level and quality can be debated.
We have the volume we need to see for it to be a bottom. We tapped the low end of that order block.
I don't now if its a never look back bottom. Sure, it could be.
But I see the makings of a bounce here.
