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Joe Gun2Head Trade - Speculative EURUSD longTrade Idea: Speculative EURUSD long Reasoning: Potential double bottom on the Daily Chart Entry Level: 1.0561 Take Profit Level: 1.0746 Stop Loss: 1.0510 Risk/Reward: 3.65:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Long
by Signal_Centre
1
Bitcoin with more bearish signsHey traders and happy Sunday! In this post we are going over Bitcoins bearish movement using multiple timeframe analysis (MTFA) On the left you see the 5min chart of BTCUSD, where we have formed a double top + a lower high following the doutble top, in the PrimedTraders community & courses this is a must know pattern as it has yielded us many profitable pips. For now we believe that we are making a push towards the daily VWAP once we come to it we will determine if its time to get out of the shorts taken @ 19599.50 or build on them further. We are taking day trades while we run our position trades on bitcoin (see related post)
BITSTAMP:BTCUSDShort
by PrimedGroup
Joe Gun2Head Trade - Speculative EURUSD longTrade Idea: Speculative EURUSD long Reasoning: Potential double bottom on the Daily Chart/Bull Flag on the 60min? Entry Level: 1.0511 Take Profit Level: 1.0735 Stop Loss: 1.0490 Risk/Reward: 8.85:1 Disclaimer – Signal Centre . Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Long
by Signal_Centre
What Actually Happened To Bitcoin Price Action EditionSo I decided to see why this big ol' drop is happening with Bitcoin. The answer? We're filling a very old order block that was never completed in July 2021. So it makes sense price has dropped ALL the way to where we are now. Time to analyze where we may be going from here. According to this current situation, once the years-old order block is retested, we should make a long push back up to the 38810.05 weekly zone since it was never retested on the 4hr. It just dropped like a brick. If we are not ready for the giant uptick back up yet, and we breakthrough the monthly 28990.63 zone, the next pivot area will be 24337.80 daily zone. We're about to find out what happens. BULL TPS: • 32788.17 • 34337.72 • 35504.62 • 36622.43 • 38810.05 BEAR TPS: • 29315.72 • 27774.40 • 26233.07 • 24475.42
BITSTAMP:BTCUSD
by NikaJourney
#ES Futures 06.09.22 Daily Overview and Levels to WatchYesterday played out pretty much as first expected, was able to actually call the high and the low within a few points as mentioned I thought we might stay in tighter range between 4157 and our 4103-4099.75 level and we did. Today Globex attempted to break out of our Key Resistance at 4143.75-4137.50 and failed which trapped a lot of people, with that fail I will be looking for us to test the opposite side of this range and our Key Support at 4084.50-4077.25 I believe we should have enough supply to take it out but then we have to monitor how much extension we get and if we accept or come back in. On the downside if we get under 4103.25-4099.75 we can see Key Support at 4084.50-4077.25 and lower levels that I would like to see hold are 4061.50-4056.50 and especially 4046-4042.25, ideally if we will have a fail and come back in we will not break both of those but if we do we have next Key Support at 4030.75-4025.25 to keep in mind. On the upside if we again cant take Key Support which is also our T+2 low for the day then we can see rotation back up or what I will be watching for is a flush of that area and see if we can find buyers at lower levels that will bring us back into this range and that would confirm for me that most likely we are out of supply and can see higher levels of 4103.25-4099.75, 4123.75-4119.25 and Key Resistance at 4143.75-4137.50 and if that does happen today or tomorrow then we can see a run from the Key Resistance up to the next one at 4220. Have to manage expectations as we are still in tight range but today we already seen the signs of it breaking.
CME_MINI:ES1!
by HollowMn
#ES Futures 06.08.22 Daily Overview with Levels to WatchYday I was short biased and thought we will have enough supply to flush Key Support at 4084.50-4077.25 but I did mention that if we do no break support and reach next level down then we can see a rotation back to 4103.25-4099.75 and 4123.75-4119.25, because of the short bias I did not think we will get back to Key Resistance at 4143.75-4137.50 and extend to next level up but I have been telling myself that we are in this 4170-4070 range since last week and will be that way until we see clear moves out with continuation. So far we are tightening up the range/coiling up looks like for next move out, we are getting lower highs and higher lows with tighter ranges since 27th which tells me we are just spending time cleaning up still and filling orders. Today we have our inventory long above our Key Resistance of 4143.75-4137.50 but also short from yesterdays close. Tricky spot here, we can see another day of tighter range if we do it should be between 4157 area below our 4168-4162.25 level and around our 4103.75-4099.75 area maybe 4090ish. Of course we watch level by level for order flow at those levels to see if we have enough to break and keep going or not so have to keep all possibilities open. On the upside holding above 4143.75-4137.50 can give us 4168-4162.25 that is our T+2 high and if we break it and extend then can see more buy ins and upper levels are 4191-4185.50 and next Key Resistance at 4020-4214.75 but T+2 high is important reference that must break in order to see continuation up. On the downside if we get under 4143.75-4137.50 then we can see 4123.75-4119.25 and 4103.25-4099.75 which is also our T+2 Low area that we will need to see break in order to get a chance at Key Support of 4084.50-4077.25 and lower levels, with T+2 High and T+2 Low being at the very spots we think that we might stall and tighten is another reason I think we might have a smaller range day again and tighten up more. Of any of those references break with volume then its a good sign for continuation because we have a week worth of inventory built up already, but might not happen until Thursday/Friday as we said we don't have any market moving events till then. Days like last few weeks its very important to not over trade and manage expectations in the trade.
CME_MINI:ES1!
by HollowMn
#ES Futures 06.03.22 Overview and Levels to WatchYday we opened up right under T+2 and got some selling pressure right into the Key Support at 4084.50-4077.25, support held and we saw a rotation back towards the Key Resistance at 4143.75-4137.50 and we were able to break out and hold above it for continuation move to higher levels. In Globex so far we failed at our 4191-4185.50 level and failed to extend and reach the next Key Resistance at 4220-4214.75 and now came back to the previous range resistance and back into T+2 range for today. Question today is do we accept in this range and get another attempt at next Key Resistance or did we sell all the inventory from below in that run up and will come back into previous range to find buyers. On the upside holding above 4143.75-4137.50 is a sign of strength and can give us another test of 4168-4162.25, 4191-4185.50 and next Key Resistance area of 4220-4214.75 and if enough buying comes in the higher levels up to 4234.75-4229.25, 4252.50-4247.50 But have to show signs of strength and get back over T+2 high which is 4165 area. On the downside holding below T+2 high and if we get back under 4143.75-4137.50 then we have some single prints to fill and can test T+2 half back, if enough selling pressure can even bring us down all the way back to Key Support, levels to watch for buyers on the downside are 4123.75-4119.25, 4103.25-4099.75 and Key Support that we had for few days now is 4084.50-4077.25, ideally for us to see a move higher today we dont want it getting under 4123.75-4119.25 but have to give it time and show which way it wants to go.
CME_MINI:ES1!
by HollowMn
NefliX:Day trade?. . . .which could turn swingTurned mildly bullish on Netflix on 31 May with a tk cross. However the volume was not convincing so today will be doing just a day trade to test my bullish thesis. If successful then my day trade can potentially turn into a swing. On the monthly we had a bullish hammer caused by the monthly lagging failure to cross down the monthly SSB. If this persists then we might have a pullback to the 233-240 zone. The streak of strong bearish months from November means whatever long position should be taken with extreme caution as the overall trend remains bearish and we are attempting to catch knives so to speak. For the day trade I am targeting the daily kijun zone for a bounce and will be bullish from there with a tight stop. I need to see a good conviction bullish 30min candle bouncing from that red zone or somewhere close to that. The stop will be just below that zone.
NASDAQ:NFLXLong
by taftrader
TARGET PROJECTION FOR GMTUSDT IN THE DIARYPrice formed a double bottom pattern, in a downtrend, also characterizing a descending triangle and, in my view, if it breaks ~up, the price can seek this price projection. Obviously it may take a few days, even because the chart is in the diary. But I believe you can look for that price region. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
2
ETH Long daytrade ETH currently in a long impulse to let Big Hedgers close their Long positions BE. My Idea is to buy the Breakout of ETH above 1917,5 and hold until price reaches 1956 lvl. Price action shows us that Hedgers are not actually buying here, they accumulate short positions - so be prepared for a big dump once we reach that 1956 lvl bc they might close their long positions there and price could dump back to 1850 or below. Price could reject at 1933 zone, so be prepared to pay yourself and manage the trade.
Long
by Henriman
Joe Gun2Head Trade - Still looking for downside on GBPCHFTrade Idea: Selling a retest of the broken range Reasoning: CFTC data recorded a renewed net advance in short non-commercial Sterling positions Entry Level: 1.2076 Take Profit Level: 1.1705 Stop Loss: 1.2126 Risk/Reward: 7.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre