DOT/USD LONG IDEADOT/USD LONG IDEA
DOT/USD has broken into our Buy Zone Area we now looking for low prices to Buy up towards our Daily Target of 27.87917600
A nice up channel has formed and we going to use it as Support Resistance Levels to guide us to put Take profit levels identified .
TP1 : 27.87917600
TP 2 : 25.32764000
SL : 13.79581645
Channeltrend
TEZOS (XTZUSD)- LONG IDEA TEZOS (XTZUSD)- LONG IDEA
Tezos has broke into our Buy Zone Area off the Daily Timeframe we are now looking for low prices to Buy up towards our Daily Target of 4.3566.
We have established an up trend/channel and looking to buy the counter trend break towards our Target 4.3566.
Path 1 : If the channel holds then we could see the Market reversing off that support trendline towards our Target of 4.3566 .
Path 2: If the trendline fails we have seen a strong Support Level below the trendline which could start the reversal to the upside towards our Target of 4.3566 .
Take Profit : 4.3566
Stop Loss : 2.3736
KLV Long 🍒*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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Today marks 12 months since my last KLV chart... Looking prime to ride.
My strategy remains the same, long-term hold.
Using naked price action analysis:
🔸 ATH , Volume , support / resistance zones, channels and levels
🔸 For Trading: Suggested Entry, SL & Exit points are my theory only.
🔸 For Holding: Since this is a hold strategy / bag-set-and-forget strategy, I will DCA along the way on dips only.
As always, watch for volume . Do your own research, check on-chain data. Always be watching BTC .
NFA . Good chat.🤖
My last KLV chart:
APPLE - Potential Short/Bearish U-turnAPPLE - Potential Short/Bearish U-turn
Apple appear to have form the same trend Pattern as what Nasdaq has formed in Jan 2022 which U-turned it into Bearish momentum,
will we see the Market break the daily up channel/trend the way it did the Nasdaq in Jan 2022 and push Nasdaq further down to the 12237.00 area .
With Nasdaq also in a Down Channel there's a strong Possibility this could happen .
ETHUSDT is creating a channelThe price is creating a channel between the demand and supply zone on 4h timeframe.
on the daily timeframe, the price is trying to hold the 34100 support and retested the previous W's neckline.
on 4h timeframe the price lost the channel, and now the price is testing the previous dynamic support as new resistance
How to approach?
- for a bullish scenario, the price needs to flip the 3520$ with volume and momentum, the price created a double top on it.
- Otherwise, if the price is going to lose 3240, we could see a retest of 3k
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.
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Follow the Shrimp 🦐
AUD.CHF Long 4HRHello Traders,
AUD.CHF is one of my favorite cross pairs because it has good market structure.
Today the R.B.A kept the interest rates the same at 0.10%, and yet, the bulls took control today.
My 1st T.P was executed and now I'm at break even. Let's see if price will continue long and reach my 2nd T.P.
Samantha
EURGBP AnalysisSee the picture for analysis:
-Price was in a downward channel creating
lower lows/ lower highs.
-Price has now broken out of the downward
channel and now creating higher highs/
higher lows.
2 options here;
1) wait for the price to enter the demand zones
and enter on the confirmation trades.
2) buy the demand straight up.
Long Idea GBP/JPYLong Idea GBP/JPY:
Based on our Analysis we see a Strong Up Channel based off the Daily time frame Making HH and HL we anticipate a pull back and then a further push to the upside to our 3 Take Profit Areas highlighted .
TP1 : 169.067
TP 2 : 170.467 (Monthly Take Profit)
TP 3 : 174.707
SL : 147.034
If the market does a Deeper retrenchment to our second entry point highlighted round about 152.337
our Take profit analysis will stop at TP 2 : 170.467 (Monthly Take Profit) we will then anticipate a Larger than normal retracement.
Bitcoin may react to the top line of the downtrend channelA downtrend channel can be seen in the Bitcoin chart. This channel is drawn in the chart on the left. Bitcoin is approaching the upside trendline of the channel. There is a possibility that BTC respects this trendline. If Bitcoin respects this trendline, it is likely that Bitcoin will continue to downtrend.
It should also be noted that sellers are still more powerful than buyers, and the RSI is approaching the overbought zone.
Three peaks at resistance pointI have been watching this pair very closely today as it broke the very long term trendline (purple) and I am expecting it to move back down to the bottom purple line of channel in due time. Distance from Kijun is also very high and a retracement has to happen naturally. Possibility is to wait for more clear trend direction change and use a bigger stop loss instead of guessing top with red trend line as I do here. You can target much lower than this take profit and increase risk to reward but probability of trade finishing will be much lower.
Trend lines when zoomed out:
US30 downward channel continuation .?CURRENCYCOM:US30
US30 had a slight pullback into the green today. Tapping the top of the channel.
Let’s see if we get the continuation to the downside
UBER Channel TradeUber is at the bottom of a channel its been in for a year and a half. Could be a beautiful trade to the top of the channel. This is a relatively long swing compared to my usual taste so we'll see what happens.
Don't make any trade at all until you have done your own analysis. I am a stranger on the internet and it probably isn't smart to copy random people on the internet. With that being said, If you agree with the idea give me a little like, and maybe a follow. I usually only trade forex and futures, but am going to start getting back into stocks mainly because this correction made everything much cheaper. Most of my stock plays will be swings as opposed to day trades or long term trading.
So anyway, I hope everybody has a happy last friday of the month. Hopefully, February is much brighter, but for now, Have a great weekend and be safe.
AUD/CAD Possible Long-SetupAUD/CAD is playing within this descending channel, Reaching the bottom support, I will be looking for candle play for a long setup & a few more confirmations, Looking for strong bounce up.. Because before the impulse down a few doji's gave me a warning so let's see what happens..
4 Hour Bullish Channel On GoldLooking at Gold on the 4-hour chart, we see a clear bullish channel formed.
Price has been bouncing off the channel top and bottom since the 6th of January.
I like to see two taps on the bottom and two taps on the top as a minimum to say that this is indeed a channel. We can see clearly that we have two taps on the bottom and two on the top.
I also like to see price respecting the middle line of a channel. Notice how price has been treating the middle of this channel. It’s an area of interest.
We also have a line of resistance that has been flipped to support.
Notice the red and green arrows. This suggests that price has the potential to keep moving upwards.
Currently, the price is hovering around the middle line of the channel.
There is a chance that the price could come down and retest that support line before moving higher. This could provide a decent entry for those looking to long gold.
Either way, momentum continues to look bullish.
If we had Full Divergence across the MacD, I would say that this channel would soon be breaking below the channel bottom to the downside, and we could look for potential shorts. But as we do not see divergence, it’s logical to say that further bullish movement is expected.
This is one to keep monitoring, and I will update accordingly.
BTC bear momentum loosing speed A very simple chart showing how much the bear inclination diminished.
On many situations this could lead to a reversal.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
For a more "predictive" chart you can take a look to this one: