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AUDUSD: Daily Long Signal tagged In on 24-01-23 : UPDATEAUDUSD: Daily Long Signal - 24-01-18 Tagged In on 24-01-23 Entry Price: 0.65700 Take Profit: 0.66780 125 PIP gain Stop Loss: 0.65100 50 PIP Stop Loss Risk To Reward: 1 % For a 2.0 % Return -Placed Pending order and tag into the trade Trade Management - Steps if you taken the trade A. Place Take Profit at * 0.66555 * Risk To Reward is 1 % for 1.5% B. Place Stop Loss at * 0.65055 * * Max risk of Capital * 1 % MAX ... I Suggest 0.25% due to taking a random guys trade signals C. Wait Patiently and FULLY ACCEPT THE RISK
Long
by Trader_Miles
EURUSD - Update Jan 23rd #1 Short Trade Update Jan 23rd #1 Short Playbook 4H C.3 No Huge Fundamental News Trade Data: Entry Entry Price: 1.08842 Exit Take Profit: 1.08162 or 68 Pips Stop Loss: 1.09242 or 40 Pips Trade Management Step 1: Reduce Risk Once a old low was broken I moved my stop loss to follow the trend. Reduced Price: 1.09192 Pips : 5 PIPS Percentage Reduced: 0.05 Open Risk On trade from original: 0.95 % Take Profit 1: Take Profit: 1.08826 / Breakeven Percentage Gain: Trade at breakeven locked in with a stop loss in place *See Previous Analysis for more trade data* 1. Currently price is moving down with momentum and I am waiting for a higher Probability Trade Entry Scale In or to move my Take Profit for more percentage gain on trade once the lows are broken 2. Waiting for the price action to show its hand.
Short
by Trader_Miles
XAU/USD 22 Jan 2024 Daily Analysis-> Swing: Bullish. -> Internal: Bearish -> Has reached EQ. Price pulled back following bearish iBOS and is reacting to 50% EQ of the internal structure marked in green and daily demand zone. Price is currently trading within internal high and fractal low. Expectation: Price to target weak internal low. Current demand zone to be respected. In the event price continues to trade bullish the likely scenario is for price to trade up to strong internal high before continuing bearish internal order flow.
OANDA:XAUUSD
by Khan_YIK
Detail of our major bearish patternMorning folks, This update is better to watch with the previous one, so you better understand what we're talking about... So, BTC has slipped a bit lower. This is not yet the action that we've discussed in our previous scenario. With this downside action now the H&S pattern on 4H chart starts looking even better. Today we consider upside background that is a part of our bigger bearish H&S on 4H chart. Since market is coiling around the neckline, chances stand high that the right shoulder of 44.25$ area could start forming. On 1H chart now we see completed downside butterfly. Price is forming "222" Buy as well, divergence has appeared as well. So, if our suggestion is correct, BTC could start forming the right arm of bigger pattern and start moving out from the neckline. Scalp traders could consider long position based on all this stuff. At least it cares very small potential risk, so, this is something to think about. We're mostly focused on big pattern. Potentially, we could get reverse H&S here, so, we should get another chance for scalp long position later. So, let's keep watching.
COINBASE:BTCUSDLong
by Sive-Morten
4
Other things to think aboutMorning folks, So, there some some jokes on the market already that BTC is becoming a stable coin... Indeed volatility has dropped drastically. But this could easily explained. If nobody is buying right now but all selling offers are swallowed by ETF whales - where coin should move? For instance, only BlackRock as bought in a single session this week more than 11K BTC. This is 10 times more than mined per day (900 BTC). Think about - how technical analysis could be applied for market right now? We continue to point that appearing of ETF is part of a big plan to take government control over the crypto markets. After some time free BTC float will be locked on ETF accounts. Exchanges that trade cash BTC (not ETF shares) will start loosing their business as turnover of cash BTC will drop miserably.... For now, we have H&S pattern that we've discussed previously and keep watching over it. If ETFs will keep supporting market from further drop, we should get upside bounce. Thus we consider 45-45.2K area for potential short position. For now we do not see many things to do. No good bullish signals either for now.
COINBASE:BTCUSDShort
by Sive-Morten
XAU/USD 15-19 Jan 2024 Daily analysis-> Swing: Bullish. -> Internal: Bullish. -> Has reached EQ. (internal continuation phase) As price has reached 50% EQ there is a high probability price will target weak internal high. Currently price has reached below the 50% (discount) and internal EQ buyers stepped in. Price printed a bullish CHoCH thereby confirming buyer interest. Expectation: Price to target weak internal high. Current demand zone to be respected. In the event the demand zone is not respected and price prints a bearish CHoCH (indicated) price will most likely target previous low.
OANDA:XAUUSD
by Khan_YIK
Look at the picMorning folks, So, indeed market has shown upside action to 49K after our last update, but later has broken, as we said, vital area for the bulls. For now ETF approvement doesn't fit to expectations much. In general, BTC has dropped for ~8%. But, at the same time - let's do not overreact on this. Yes, drop is significant, but it doesn't break major upside tendency. If we recall that 48.5K is major monthly 5/8 Fib resistance, then, current drop looks absolutely reasonable. Still, it was rather fast and by our view this increases chances on 2-leg downside retracement. In fact, it could take H&S shape. Since BTC is oversold on daily chart now, we expect upside bounce somewhere to 45K area first. Then we will be watching for bearish signs around either to confirm, or not confirm our suggestion of H&S and downside AB=CD action.
COINBASE:BTCUSDShort
by Sive-Morten
2
SOLUSDT Bullish Flag Pattern LONGExcuse me! According to my analysis, the Solana exchange rate will make its normal and healthy correction on a daily timeframe. I tried as much as possible to calculate the height of the possible rise and I came to the conclusion that I would set the Fibonacci level at 1 and 1.27. If indeed the shape holds. Now let's wait and see if it holds or not. NOT INVESTMENT ADVICE Always do your own research and don't make a hasty decision when opening a position. This is also just an analysis, not a guaranteed outcome. R3ncso
Long
by R3ncso