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
____________________________________________________________________________________________________________________
* 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 - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Dailyanalysis
US 100 13095.5 +0.17% DAILY BREAKDOWN FOR THE WEEK AHEADHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON NASDAQ IN THE COMING WEEK.
NASDAQ CLOSED LAST WEEK ON AN INDECITION CANDLE TAPPIN INTO THE BEARISH OB.
* Last week we saw a liquidity build up / liquidity sweep on NAS100 creating a bearish OB.
* Multiple candle rejections this week but closing again within the OB .
* Looking for a continuation of this move in this coming week.
- If NAS100 pushes higher upon open on monday short trades will be confirmed from possibly the bearish OB above .
- looking for a Tap into the OB either bullish / bearish for the week
* If we break below and close under the OB the FVG will serve as an entry.
- TARGET would be the FVG that is unmitigated or the liquidity above.
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 - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $ 2065, if the support is broken then the next support is $ 2024, $ 1990 and $ 1958.
Now let's move on to the resistance line, and here we first have a resistance zone from $ 2111 to $ 2129, if it breaks out the next resistance will be $ 2182 and $ 2269.
Looking at the CHOP indicator, we see that the energy is gaining strength, the MACD indicates entering a local downtrend, while the RSI remains at the upper limit, which may also indicate the need for a price rebound.
Daily BTC 4HChart - resistance and supportHello everyone, I invite you to review the chart of BTC in pair USDT taking into account the interval of four hours. First, we will use the blue lines to mark the local uptrend channel where the BTC price is approaching the upper limit.
Now we can move on to marking the places of support in the event of a correction. And here in the first place it is worth marking support at HKEX:28840 , then second support at $28555, third support at $28324, and then we have a strong support zone from $28092 to $27760.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. And here in the first place we have a very strong resistance at $29325 equal to 0.786 Fib from which the price has currently rebounded, but when it manages to break it, the next strong resistance will appear at the price of $29910.
Please note the CHOP index which indicates that the energy has been used, the MACD indicator indicates the entry into an uptrend, while the RSI has crossed the upper limit of the range, which may lead to a price correction or a temporary sideways trend.
Daily BTC 1HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price is moving in the local downtrend channel.
Let's start with the support line and as you can see the first support in the near future is HKEX:27807 , if the support is broken then the next support is HKEX:27573 and $27249.
Now let's move to the resistance line, as you can see the first resistance is HKEX:28262 , if you manage to break it, the next resistance will be $28581 and $28897.
Looking at the CHOP indicator, we see that there is a lot of energy, the MACD is on the verge of returning to an uptrend, while the RSI has room for price growth.
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, taking into account the one-day interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving.
Now let's move on to marking the places of support. We will use the Trend Based Fib Extension tool to mark the supports, and as you can see, we first have a support zone from $ 1801 to $ 1759, if the price falls below this zone, then the second support at $ 1715, the third at $ 1650, then the fourth support at a price of $1569.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at HKEX:1978 , the next resistance at TADAWUL:2060 , then the third resistance at HKEX:2126 , and the fourth resistance at $2195.
The CHOP index indicates that there is still some energy left for the next move. The MACD indicator remains in an uptrend. On the other hand, the RSI, despite the rebound, is in the upper part of the range, which may indicate a deeper correction.
BNB/USDT 1DInterval Targets and StoplossHello everyone, let's look at the 1D BNB to USDT chart as you can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $317.4
T2 = $322.8
T3 = $328.3
T4 = $336.1
AND
T5 = $346.5
Now let's move on to the stop loss in case the market goes down further:
SL1 = $305.9
SL2 = $396.1
SL3 = $282.8
AND
SL4 = $265.1
Looking at the CHOP indicator, we see that there is still a lot of energy on the 1D interval, while the MACD indicator indicates that it will remain in a downtrend. The RSI indicates that it is trying to break out of a downtrend at the top.
Daily BNB 4HChart - resistance and supportHello everyone, welcome to a chart review of BNB vs USDT on a four-hour time frame. First of all, using the blue lines, we can mark the local downtrend channel in which the price is currently moving.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and here it is worth marking the support zone in the first order where the price is from $ 315.5 to $ 305.8, the second support at the price of $ 296.3, and then the third support at the price of 282, $6.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first strong resistance at $317.6, then we can mark the resistance zone from $323.2 to $328.7, when it manages to break it, the next resistance is at $336.5, and then the fourth at $346 $6.
The CHOP index indicates that the energy has been used. The MACD indicator is in an uptrend. On the other hand, on the RSI we see a rebound to the lower part of the range, which creates room for new increases.
Daily ETH 1DChart - resistance and supportI invite you to review the chart of ETH in pair to USDT, on a one-day interval. First of all, with the help of yellow lines, we can mark the downtrend channel, which the price overcame, while we are currently moving in the uptrend channel, for which we used blue lines.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see we have a strong support zone from $1673 to $1552 first, but as we go lower we have a support at $1462 and then a third support at $1372.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at the price of $ 1828, with which the price has been fighting for several days, when it manages to overcome it, the next very strong resistance is at the price of $ 2028.
The CHOP index, similarly to the BTC situation, indicates that we have a lot of energy for the upcoming move. The MACD indicator is on the verge of entering a downtrend. On the other hand, we see a rebound on the RSI after recent increases.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved out of the local downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $28187, if the support is broken then the next support is $27996, $27792 and $27517.
Now let's move on to the resistance line, as you can see the first resistance is $28525, if you manage to break it, the next resistance will be $28716, $28874, $29029 and $29253.
Looking at the CHOP indicator, we see that we have a lot of energy to move, MACD is on the verge of returning to a downtrend, while the RSI is moving in the upper part, which may affect the price's slight rebound.
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price has broken out of the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1765, if the support is broken then the next support is $1745, $1725 and then $1696.
Now let's move to the resistance line, as you can see the first resistance is $1800, if it breaks through, the next resistance will be $1822, the third resistance will be $1839 and the fourth will be $1856.
Looking at the CHOP indicator, we see that we have a lot of energy, the MACD is on the verge of returning to a downtrend, while the RSI has a rebound, but with room for a deeper correction.
Big scheme of thingsThe 1h chart for TSLA indicates a major decending triangle formation (in blue) and an ascending tringle (in orange).
The ascending triangle could potentially cross the descending one today and we could see some further movement upwards.
The current RSI is overbought meaning that we could see some price correction in the early hours with some selling action. (to around $190)
My stop loss is still at $185.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has broken above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $28114, if the support is broken then the next support is $27771, $27499 and $27227.
Now let's move on to the resistance line, as you can see the first resistance is $28745, if you manage to break it, the next resistance will be $29061, $29306 and $29551.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates a return to the local uptrend, while the RSI shows a strong increase, although there is some room, it is worth being careful.
EUR/USD: waiting for opportunity!!!Euro/U.S. Dollar still in this support level in $1.0746 USD. but I find up bought in EUR/USD, but I will pending an opportunity that I view to long EUR/USD, and everything will depend the Forex news that will begin tomorrow.
In H1 timeframe, we see a bearish Elliot Wave Cycle that we pass, and maybe I think that we're in the opportunity to long, what we can to see a good opporutnity to long EUR/USD.
Keep pending!!!
Also, I use some new features that Trading View develop for traders like flags of Eurozone and US. Look nice!!!
SOL/USDT 4HInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with determining the support and here we can first mark the support zone from $21.64 to $21.23, if the support is broken then the next support is $20.85, then $20.28 and $19.54.
Now let's move to the resistance line, as you can see we first have a resistance zone from $22.06 to $22.68, if we break it, the next resistance will be $23.18, $23.68 and $24.40.
Looking at the CHOP indicator, we see that we have more and more energy, the MACD indicates a local downtrend, while the RSI is rebounding, which may give room for new increases.
after result wage breakout nas100hello traders i have played the breakout on nas100 i sometimes enter on the break or the prebreak depending on how comfortable i am all trades smashed today it is possible once you learn it and get the right information from the right people then trading will be less stressful follow more
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price has decisively broken the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $6.36, if the support is broken then the next support is $6.25, $6.16 and $6.06.
Now let's move to the resistance line, as you can see the first resistance is $6.59, if you manage to break it, the next resistance will be $6.71, $6.80 and $6.90.
Looking at the CHOP indicator, we see that the energy is being consumed, the MACD indicates a local uptrend, while the RSI indicator has touched the upper limit and we immediately see a price correction.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has broken out above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $24483, if the support is broken then the next support is $24110 and $23819.
Now let's move on to the resistance line, as you can see the price is approaching the first resistance at $25187, if it manages to break it, the next resistance will be $25508 and $25943.
Looking at the CHOP indicator, we see that we have a lot of energy for the next move, the MACD maintains the local downtrend, while the RSI moves at the upper limit, which may cause a further price correction.