US30 33938 -0.2 % DAILY BREAKDOWN OR THE WEEKHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE DOW JONES THIS COMING WEEK.
THE DOW CLOSED I A BEARISH OB WITH AN INDECISION CANLE AFTER A FAIRLY BULLISH DAY ON THURSDAY.
* This OB was a sweep of som liquidity in which we saw a rejection.
* Change in momentum is confirmed whith a choch.
* Looking for a continuation towards the downside on the DOW.
- To take the previous lows for confirmation that we are bearish for the week.
- REJECTION at the bearish OB would be a nice confirmation.
* If we break below and close under the OB
- TARGET would be the LIQUIDITY & OB BELOW FOR continuing to the upside.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Continuationpatterns
Jasmy Diamonds diamond continuation/top/bottom patterns are rare and hard to spot, best used with other indicators or analysis tools etc.
when price breaks out of the diamond it can signal continuation of previous uptrend (or mark tops and bottoms). to measure the move take the high and low and you can take that distance from the break out as an estimated target, break out= entry, stop loss is the Higher Low (HL).
furthermore. it is vital to keep in mind that Diamond patterns are not always reliable, and traders should use other technical analysis tools in conjunction with the diamond pattern to confirm. and this is small time frame, highly volatile, crypto asset.
BTC/USD 28372.00 SSL TAKEN LONG IDEA 1:5 RR INTRADAY TRADEHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT TODAY ON BITCOIN .
BTC /USD BUILD LQ DURING ASIAN SESSION SAW A SWEEP OF THAT LIQUIDITY LOOKING FOR A SWEEP OF THE BUY SIDE LIQUIDITY.
* Fridays highs TAKEN looking to target buy side liquidity on the on BITCOIN .
* just like yesterday waiting for entries LONG with the ICT 2022 entry model.
* Targeting the Asian BUY SIDE LQ.
-This would be an ICT JUDAS SWING SET UP
* Overall target will be the SWEEP OF THE HIGH.
* + RSI DIVEGENCE CONFLUENCE
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA DAY SESSIONS TRADE
GBP-USD | LONG TRADE SETUP |ONE HOUR TIME FRAME | CUP AND HANDLEGBP-USD Forex pair is moving in a bullish direction and making a nice cup and handle pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity over one hour time frame. Projected Price is given in dashed line.
GOLD-USD: LONG TRADE SETUP (HALF HOUR TIME FRAME)GOLD ( XAU-USD ) is showing a bullish move and making a nice BULLISH RECTANGLE CONTINUATION PATTERN. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity over half hour time frame. Projected Price is given in dashed line.
AUD-USD: LONG TRADE SETUP (CUP AND HANDLE PATTERN)AUD-USD Forex pair is moving in a bullish direction and making a nice cup and handle pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity half hour time frame. Projected Price is given in dashed line.
GBP-CHF: SHORT TRADE SETUP (BEARISH FLAG CONTINUATION PATTERN)GBP-CHF Forex pair is moving in a bearish direction and making a Bearish flag Pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a SHORT TRADE opportunity over half hour time frame. Projected Price is given in dashed line.
GBP-AUD: LONG TRADE SETUP, CONTINUATION TRENDGBP-AUD Forex pair is moving in a bullish direction and making a Bullish Rectangle Pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity over one hour time frame. Projected Price is given in dashed line.
SGDJPY INVERSE CUP & HANDLE PATTERNIts showing inverse cup and handle pattern so we set sell stop according to trade plan given below
Inverse Cup & handle
Entry Price/Sell Stop: 97.572
Stop Loss: 98.388
TP1: 96.705
TP2:95.889
Risk Reward: 1:1
EURUSD NY Session LongGoodday traders,
Price grabbed the first BSL targets mentioned in post before. Price grabbed it in Londen key timing session.
Im now looking for a continuation setup for the NY session and grab the equal Highs liquidity as target.
Entry based on 5 MIN Bullish OB and an optimal trade entry from the swing that made the Break of the old highs.
Also in discount off the bullish swing (Lower than 50% off the total swing).
Price holded the possible level to create a Swing Low on the daily timeframe.
For me enough, price could retrace bullish into more BSL.
Showing me Bullish price action here.
Best case scenario would be for key the timings: 14:30 UCT+1 or 15:30 UCT+1 to,
create false bearish move out of the consolidation to fill my Long entry.
No financial advice.
Dave
User Request: How to Set Pull Back Alert on Bull Bear Power VoidOne of the users following me asked a really good question.
Thanks @Manu45e for this one. Its actually a really important thing to know about.
This will help you understand when a pullback is over and its time for a continuation trade.
1. Wait for HTF Volume to cross down below the ZERO level
2. Wait for Volume to turn BLUE while still below ZERO
3. Wait for Blue Volume to cross ABOVE the zero level
4. You need to already have current volume above the Bullish side of the VOID
Continuation trade confirmed.
For this you are going to need one indicator.
The Bull Bear Power Void
Make sure to click the image below and also click the BOOST button on that page to make it popular.
Here's the indicator
GA continuation short ideaI'm already holding GBPAUD short but it seems like a good opportunity to invest more has come up. There is a broken demand zone that may be used as a flip as price comes up to trigger some buy stops at the high points of the last few H4 candles. The potential reward would be worth the risk so I'll put in a pending order to go short at the m30 flipzone.
Waiting...GJ waiting for another failed high at resistance, could enter now with larger risk but I want to see another failed high first, if so will give us a tighter stop + stronger confirmation.
GBPUSD LONG1. Main trend is making HH and HL, but market is sideways now.
2. S&R with max significance.
3. Trend lines are properly visible.
4. Bullish Flag Continuous Pattern is there.
5. Fibonacci Retracement at 23% having significance.
6. No Divergence found.
LMT: Firing all the way up?Lockheed Martin Corporation
Shortterm - We look to Buy at 423.15 (stop at 403.98)
Price action looks to be forming a bullish flag/pennant. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips close to the 423.00 level. The bias is to break to the upside.
Our profit targets will be 479.96 and 500.00
Resistance: 445.00 / 480.00 / 550.00
Support: 408.00 / 370..00 / 260.00
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GBP/AUD - ShortPrice consolidating between support and resistance.
The pound is weak currently, so expecting to see a break out of the support line to continue the bearish movement we have been seeing.
GBPUSD-Continuation PatternsDid a seeming continuation pattern for homework of FMI (Forex Mastery Institute).
TSLA Possible continuation bull runTSLA did not break below 914 on the sell-off today...hmm
IF...IF...if SPY does Gap & Go tomorrow morning it will creates a short-squeeze in order to get above 200ma on 8/17/2022
we MAY see an Impulsive Gap & GO - for TSLA to begin its final leg of this rally~ This will also support the Cup & Handle on Macro Charts -Target of the .0786 as the possible final Exhaustion move up before reversal (Correction) and re-liquidity grabbing -
(Personally I am seeing negative divergence on short term for markets and TSLA but this could be the short squeeze of the FINAL bull run to end the Market cycle)
Let me know what you think..
***DO not FOMO or trade with emotion-- watch price action and have a plan for bullish & bearish scenarios.
Good Luck All
USDJPY - Resistance at 136 + short continuation for +7% profitTechnical Analysis (TA)
Rejection of upward momentum with weekly and monthly charts looking overbought.
Continuation play to 123 is still set-up. Re-entry or entry zone is 132.
Price Target
Entry: 132
Target 1: 127
Target 2: 123
Flip FlipHi everyone,
Yesterday I have analyzed where I talked about how it will react from the last major resistance (which it did), the link is down below.
Today, we have lost all the bullish momentum that we got yesterday, and it is normal that this happens. Why? Because usually retail traders get in on this candle, we broke a resistance and we are retesting it as a support flip pattern), we haven't yet broke the low of the last bullish candle, and we are in an area of double support (support line and trendline).
I think that right now we are in an opportunity of buying the market as we are heading to the 10.69 level.
If we break this support, we are most probably going to meet the next major support around 7.84 level.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
$ISV - Breakout play for +10 to 30% Technical Analysis (TA)
The monthly and weekly was oversold and price pushed higher with significant momentum after a consolidation phase.
Retracement to $25 is expected However, the push to $30 would require catalysts to increase momentum.
We could hit $25 and then come back down or go through another consolidation phase before further upside to $30.
Price Target
Entry: $22-$23
Target 1: $25
Target 2: $30
