$WTI $USOIL Can Rise #crudeoilTraders, Intraday USOIL (WTI) has been slipping but the structure has been broker to the upside on the smaller timesframes. There is a very good confluence zone coming up soon on Crude Oil which can be a great place for long entry if the confirmation arrives. This can be a little risky trade so manage the risk. The target ultimately is the unfilled gap which left there days ago.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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✅ Follow me for future ideas, trade set ups and the updates of this analysis
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Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Fibonaccianalysis
BBBY The Road to $80NASDAQ:BBBY
Hello everyone ,
I'm back with BBBY madness! Just a reminder none of this is financial or sexual advice. The last time GameStop was on Reg Sho explosions happened. This is moving very fast so good luck to you all! Zooming in on the daily, from the recent downtrend we hit 0.618, 0.786, and the 1-1. We did leave two gaps to fill at around $13 and $8. I think the trend continues on and into the 23rd. There's no stopping this now. Zooming out on the daily, downtrend that we started at the start of the year starting our fibs there, we are aiming for that golden pocket retracement and an extension to the 1.618.
PT #1 35
PT #2 43
PT #3 85
If we can break 35 and 43, see you all at 85. It was also extremely NOT surprising to see that BBBY ran and so did AMC and GME. The 23rd is going to be a very volatile week.
Daily BTC to USDT review on 4H intervalHello everyone, let's take a look at charting the BTC to USDT in 4 hours. As you can see, the price is moving above the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,214, if the support collapses, the next support is $ 20095, $ 19,956 and $ 19,848.
Now let's move on from the resistance line as the first resistance is $ 20,375, if you can break it the next resistance will be $ 20,658 and $ 20,925.
Looking at the CHOP indicator, we can see that in the 4 H interval we have a lot of energy, and the MACD indicator shows a local upward trend.
Daily BNB to USDT review on 4H intervalHello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 284
T2 - $ 288
T3 - $ 292
T4 - $ 297
and
T5 - $ 304
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 278
SL2 - $ 273
SL3 - $ 268
and
SL4 - $ 264
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local upward trend.
Daily ETH to USDT review on 4H intervalHello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,522
T2 - $ 1,546
T3 - $ 1,578
and
T4 - $ 1,623
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,461
SL2 - $ 1,416
and
SL3 - $ 1,382
Looking at the CHOP indicator, we can see that in the 4H interval we have a lot of energy, while the MACD indicator shows the local upward trend.
$VIX Is In The Zone, Can Take A CorrectionTraders, $VIX Is In The Zone, Can Take A Correction. Watch $DXY too with it. If these 2 fall, we are looking at some relief in indices (Dow Jones, SnP500 and NASDAQ)
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
SOLUSDTPERPHi Traders,
I am waiting for LONG, The daily has Fibonachi 0.618 support.
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
XAUUSD BULLISH SETUP IDEA (PULLBACK REVERSE LEVELS)1. XAUUSD on the hourly chart is doing a common pattern called impulse reversal impulse (on daily also, but is on the third stage)
2. Now we are in the reversal stage, so we need to wait for the price to end the reversal and start the coming up-impulse
-I placed the impulse levels on the chart, these levels (Which are from my Fibonacci strategy) have a lot of probability of pushing the price 100 or 200 pips above, SO I highly recommend using a high RR ratio on your entry.
-The big blue area represents 50% of the daily impulse, entrys are above the areas, just when price touches the areas, and SL may be very small from the area price expecting high RR's
US30 Forecast 8/21/22 | The Power of 3US30 has been on an intraday bull run for quite sometime. It is possible for this bull run to end and fake out traders that were looking to short this early as explained in last week analysis. We can see US30 is retesting a major key level, so the probability of this bearish move is looking more than likely. Always remember the market structures will always tell you the full story, and when this story may change pace. As always, I will be updating this forecast in the comment section.
GBPJPY ! getting good enough support long tradeHello traders 👋
Although GBPJPY has formed a double bottom pattern around 160.300 and is rising, It settled at the previous strong key level of 163.600 and showed a short-term decline.A long trading prediction is that the short-term bearish trendline will break down.
#BANKNIFTY Can Rise From The FCP Zone Traders,
BANKNIFTY Can Rise Intraday. We have an FCP zone and an unfilled gap. So watch out for this intraday opportunity. NIFTY
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
NASDAQ ($NAS100) US100 Can Rise IntradayTraders,
NASDAQ ($NAS100) US100 Can Rise Intraday. We have an M pattern, a demand zone and an unfilled gap. So watch out for this intraday opportunity.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
$USDJPY - 2 Important Zones AheadTraders, USDJOY has been very bullish over months and now it is truing to go back to the previous highs. In the process it is creating a FCP Pattern which can push the price down at least for a correction. These are the 2 zones that we should be watching for trading opportunities.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
⁉️ How to use Fibonacci Retracement?‼️ Forex traders use Fibonacci retracements to pinpoint where to place orders for market entry, taking profits and stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off support and resistance levels. After a significant price movement up or down, the new support and resistance levels are often at or near these trend lines . Usually the price retracts to 50% or untile OTE (0.62, 0.705, 0.79) before another impulse movement occurs.
$APPL Can Fall Now - W Pattern CompletedTraders and Investors, Apple Inc ($APPL) has completed a W pattern which can push the price down. It also has reached an areas of resistance so we can can expect a move down. The downward arrows show the possible bearish targets. However, if the apple stok breaks above the starting point of the W pattern and crosses the limit, then we should look for further bullish targets into 200s.
Manage the risk and make sure that you are watching stock movement closely along with US30 (Dow Jones)
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
GBPUSD Can Rise As M Pattern Has CompletedTraders, GBPUSD can rise as an FCP M pattern has been completed. However this may not be able to push the price too high as the DXY is still rising and strong. So if you are looking for a smaller bounce then look for a confirmation on this GBPUSD pair and take the entry.
On the chart there are 2 arrows which point at the approximate profit targets. Take one step at a time and manage the risk.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
dxyDXY is right on the 786% of the recent A wave down from the top of the Minor 3rd peak in June 2022 & it looks like a classic Flat correction ABC.
So DXY has limited upside & I think crypto will bounce soon into C wave until mid sept then finally DXY starts the 5th wave to $111 bull market top.
Which will be the crypto & stock market bottom
BTCUSD look like doing Complex wave (X WAVE)According to the previous post, I think BTC should heading to 12k - 13k, But now it took time too long than it should be, Does Big wave A is finished? or Bear market was over? Who knows.....
BITSTAMP:BTCUSD
Anyway, My wave analysis still need to improve, still in learning.