Dailyanalysis
Still alert on Litecoin: Litecoin it's go to explode soon!!!Hello, in Daily there are an interesting long position, becuase in Litecoin we seethat it's formed a bullish ascendent channel, and then we see that Litecoin is confirmed right now the key support line in Daily, that support a bull trend is still it.
Well, that is for us that I bring you, now, more important is to watch in H4 timeframe and H1 timeframe a long position to keep it.
Now, in case that Litecoin is make to touching the key support line in occasions, we could to entry in long position in Daily until the $68 USD. That could be an excellent strategy, but we need to see in short timeframe if there will be another impediment that Litecoin doesn't break up the resistance line that set a bullish cahnnel.
EURUSD picture under current Scenario!Hi There,
If you've seen last idea in which we saw that pattern was underformation and we we anticipating a move up! tho we got the move up but we saw that after a change in the pattern. According to current data, this is what i am expecting.
It's my own view so it can differ.
No hard feelings.
Have a good day!
SPY Daily Commentary | S/RLooking for support and resistance lines?
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Happy Wednesday!
Some energy building up near this all time high. The bulls have already set a new intraday high and would like to close a new high certainly.
Graveyard Shift / Morning Crew
Graveyard Shift: Kept the float going into the close. Nothing to see here
Morning Crew: Opened pretty high this morning. Consolidating under the all time high. They're not ready to give this area up so easily.
Futures Crew (/ES)
Getting pushback at the 3394. 3400 is the goal for the bulls at this point. No really visable flag formation on the chart that can give us a timeline of them wanting to break out. More like boiling water right now. It could go over if the heat stays up, but nothing to say they couldnt have a pullback before a push.
Resistance levels
(Pre-Market) 339.33
(See Shared Chart)
Support levels
(Pre-Market) 338.75
(See Shared Chart)
Gaps
331.18-330.06
327.73-326.63
Extras
Been pretty busy moving the last week so i haven't been able to post consistently. Should be back on a normal schedule now.
Shared Chart
www.tradingview.com
*This chart will be shared and updated all day. Come to this idea to get commentary all day for intraday playing. If you would like to know my thoughts for this week, see the chart below*
Weekly Projection
*none this week*
If this helps you, like the chart and feel free to follow me. I freely offer intraday SPY commentary. Thanks for taking the time to read. All of this information is my interpretation and shouldn't be taken as trading advice. Good luck out there traders!
TRADING BITCOIN WITH THE PARABOLIC SAR!!!Hey Traders, decided to make an informative post trading with the Parabolic Stop And Reverse Indicator. I will be only referring to bullish instances for the Parabolic SAR. For this example, I will be using the Daily Time-frame on BTC/USD. First & foremost, I use Parabolics to indicate the direction of the pair i'm trading. It also helps in finding great entry and exit points. On my chart I have my Parabolic Indicator colored Black. I have 3 Bullish Parabolic areas indicated as well as Daily Support & Resistance.
I want you to notice how each time price closes over the Parabolic upwards, it brings more bullish action. There are 3 occurrences indicated on my chart in circles. It will always only be 2 scenarios for me everytime this happen.
Scenario 1: Price continues the bullish movement reaching new highs.
Scenario 2: Price neglects close over Parabolic & decides to pullback. Almost certainly, price will retrace back to the closed over zone of the Parabolic.
I am new to TradingView, but definitely not Trading. I hope this helps your trading journey.
Leave Comments Below! They Are Welcomed & Appreciated!!
GBPJPY Weekly Market Analysis. Inverted Cup & Handle Pattern.GBPJPY formed a beautiful Inverted Cup & Handle pattern along with a Bearish Flag pattern in 1 day time frame. After that price broke both the patterns with high Bearish momentum and is now on its retrenchment move and almost retesting 0.61 or 0.78 on the fib levels. Thus indicating the price to go short in the long run. Draw an uptrend line in a lower 4hr time frame and wait to enter when price breaks below that trend line on a lower time frame. That would make your entry much more safe. FX:GBPJPY
THE BULLS ARE NOT GONE YET!!I'm sensing strong bullish pressure from the Daily Time-frame. Indicated to the left of the chart is a MA crossover between my Exponential & Weighted Moving Averages. Price recently bounced off of Daily Support towards the end of June. I expect the signal EMA to make a potential crossover with the 200 EMA.
(Orange Line) If that occurs i predict price movements towards Daily Resistance.
Comment below your analysis of GJ
AUDUSD; Monitoring a possible short trade at daily resistanceThe market has memory and it returned back to an interesting daily resistance. It has bounced on it several times so we are adding the odds in our favour. We have to trade what we see until the market proves us otherwise. Currently, I don't have any setup yet as I'm patiently waiting for Price Action at a level but its definitely in my watchlist.
We may be one day away for a possible setup if occurs.
Please, be patient.
Happy Trading
ETH/USDT 1D....... Inverse h&s has been target done!!hi dare friend as u can see eth has good long signal with breaking out of the patter in daily time frame
and the target of pattern is almost done..... but now we have important resistance 289$ in daily
if break the price can go to next zone which is weekly resistance 316$
if not the price going down to 250$ most important support
hoe to see your like and comments.... follow and share
USDMXN breaking the triangle 🦐The market after a short move has found a clear support zone around 22.250 area.
We have seen the formation of a triangle pattern and recently price just break it.
If the market will manage to break and close above the 4h structure we can set a nice long order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.