INDUSINDIndusindbank is on the verge of breakout, dont just buy as its in trapping zone of 987-997, it rejected these level multiple times so dont get trapped & wait patiently for entry.
Buy with mmentioned stoploss & target.
Channeltrend
$MP swing tradePotential setup here at channel bottom with 200 dma and daily + weekly rsi support.
gotta respect the stop below the volume node outcrop at 37.60, in case it continues to drop to the larger volume node and demand zone between 35-32.
worth a shot i think
EGLDUSDT Wants to have a breakout from the Weekly resistanceThe price got a rejection from the weekly resistance on 164$ and not the price is creating another bull flag above the previous descending channel
the price retested the previous dynamic resistance as new support exactly at 0.618 Fibonacci level.
How to approach?
The price needs to have a breakout from the weekly resistance and descending channel. Beware to the left, you can find the supply zone. So if the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTCUSDT T.F 1 Day, Channel + Bullish DivergenceChannel formation has been found in 1 Day time frame of BTCUSDT and the Bullish Divergence can also be seen. Which can result in the Bullish Trend.
NEARUSDT Wants to retest the ATH!?The price is testing the 4h support after the rejection from the supply zone on 20$ as you can see on the daily chart (the upper one)
The price is creating a ascending channel below the weekly resistance on 17.7$
How to approach?
The price could retest again the supply zone on the 20$, so if the price is going to have a breakout from the weekly resistance and dynamic 4h resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
GMTUSDT 🏹see and watch :)
The price is moving in an upward channel and will probably move towards the specified goals ...
Note that the risk of buying is currently very high ...
#UBER fib leveles #UBER so if the fib levels are correct from our most recent swing low we wicked that .768 level and bounced off for a potential short term opportunity for calls to the upside at the 34, 35, 36 strike as there is a huge level at 37.50, looking at some flow data 35 strike for the 20th of may has 67 thousand OI sitting on it now 40 has 41 thousand both of which are interesting to me. looks like most short dated contracts are looking at that May 20th date or the Jan 2023
BTC ??!!This is just an idea and it is not a buy and sell offer. Of course, there are many possibilities and I give this possibility to be implemented according to two trend lines. We will wait and watch.
IOSTUSDT is creating a descending channelThe price is testing the 0.786 Fibonacci level on the daily timeframe on the weekly support (0,028$)
On the 4h timeframe the price is creating the main descending channel and the market is creating a channel within it.
How to approach?
The price could retest again the 4h demain on 0.027 if the price is going to lose the dynamic support. According to Plancton's strategy , we can set a nice order
The scenario is invalidated if the price is going to have a breakout above the monthly resistance (0.32$)
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
RTX: Underlying StrengthRTX with underlying strength prevalent in its technicals & fundamentals. Leading the industrial sector via geopolitical factors and a favorable balance sheet, RTX continues upwards on a channel trend and on several premises: 1) Buyer responsive price action that has been developing since Q4 of 2021 2) Participants driving auction over KSMAs, 3) Support held at key level of a bullish double bottom formation, PT upgrade to $115 from $105 x maintain of outperform rating via Cowen. Target Price: $110.17 - $125.00 // ATR: 2.29, Beta 1.33
XMRUSDT 🏹see and watch :)
The general trend is going on in an uptrend channel and in that uptrend channel a smaller downtrend channel is broken and we will probably have one of the two moves in question ...
DXY tumbled below 100 levelsDXY tumbled below 100 levels on profit booking. The minor correction in US treasury yields is putting pressure on the US dollar at higher levels.
Technically, near-term support is at 99.60, and any break below targets 99/98.Major trend continuation only below 97.60.
SPY channel short swingSPY down to 440 in case it respects this channel. room for a quick short swing or wait and watch SPY reaction around the bottom line at 440
⭕️BUY NZDCAD ; Buy according to channel❗️❗️🔰You see the analysis of the New Zealand Dollar against the Canadian dollar in 1 hour ( NZDCAD , 1H) ❗️🔎
🔰BUY Limit NZDCAD at 85.650
✅TP ; 86.300
❌SL ; 85.350
🔰As is evident from the analysis, the price is located in a bearish channel, due to the confluence of the lower channel line (white line) and the demand range (purple range) around the price of 85.650 purchases in this region can seem low risk (although due to the strong downtrend that the pair has gone through over the past hours, there is also the possibility of breaking the down channel)❗️❗️
The target is also located at the cross of the downtrend line (white dotted point) and resistance line range (orange line). 👌
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
NZDUSD - LONGBullish Indications:
- Higher highs and higher lows
- Bullish hammer and engulfer candles formation
- Horizontal support at 0.68230
- Ascending channel
- Divergence on chaikin oscillator
BTC chart a bear flog OR an uptrend ?Hello lovely people
As you can see BTC chart is about to tell us if it's a bear flag which can take price down at least to 37,000 USD or even worse.
However in other hand it can be a beautiful uptrend channel which is good for me (I mean, who doesn't feel that way) and this can take price up to maybe new ATH like 80,000 USD in a month or two .
That was just an apparent thing I saw in chart and made an idea for it.
Hope you enjoy this one and be more careful in opening new positions.
Use stop loss everywhere and be safe :)
$ELY - Bull Flagging into DemandTo all my friends watching the masters, this company shouldn't be a stranger to you.
Although $ELY is currently in a pretty gnarly downtrend, we're approaching a strong demand zone established back before the Covid crash.
This ticker looks ripe for a reversal, and I'll be eyeing this 20-21.5 zone to load some commons / leaps.
AVAX - Long IdeaAs some legendary trader says: "as above, so below .." this is exactly what happened here so, this gives up an amazing long opportunity we still not sure if this is gonna work or not but our R:R is 10 so no worries
DO NOT OVER LEVERAGE THIS AND DO YOUR OWN RESEARECH BEFORE ENTERING ANY SIGNAL OR USING ANY IDEA THIS IS JUST A TRADE IDEA
Thanks for your attention
20220410 - AUDUSD - LongAUDUSD - Long
AUDUSD has been in an uptrend for some time and is coming up to a daily supply zone.
Please see analysis for my next move below.
Your thoughts are always appreciated 😀
Analysis
Rejection off Daily Channel Support
Rejection off Daily Support.
Sentiment: 47% Long : 53% Short.
Uptrend.
Entry
Entry: 0.74575
SL: 0.74074
TP1: 0.75920
Costco looking toppishCostco has reached its upper channel and is in a parabolic move. Seems due for at least a pulback towards the bottom of its rising channel.
XAGUSD SILVER Supply And Demand AnalysisSee picture for top-down analysis:
-Short Term Downward ML Break
-opposing zones removed
-People might think it's a great demand setup
which I agree but taking a look at the overall
price action over the last 7 days, you can see
price is making overall LL/LH by about .6%
-If someone bought at this demand then using a
structure SL is recommended.
-Low risk reward but higher probability for a 1:1 or
0.5:1 R:R.
-NO TRADE FOR ME
