FILL
BNB: Manipulative Moves in TriangleBNB has become the focal point of attention lately, caught within the confines of a significant triangle. What makes this setup intriguing is the consistent formation of equal lows at the bottom, an enticing prospect for market makers. These stable lows create an ideal opportunity for market makers to trigger stop losses hidden beneath these levels and propel the price higher.
The Art of Manipulative Moves:
Cryptocurrency markets are rife with manipulation, and BNB is no exception. Its current state, stuck within a giant triangle, provides an ideal playground for manipulative actions. Market makers can exploit this pattern by creating false impressions, triggering stop losses, and generating volatile price movements.
Exploiting the Imbalances:
Moreover, on the weekly chart, there are lingering open imbalances waiting to be addressed. Market manipulators might seize this opportunity to rectify these imbalances, a move that could potentially fuel further upward momentum.
Trading Strategy:
Caution and Vigilance: In an environment marked by manipulation, caution and vigilance are your best allies. Stay alert to sudden price movements and be prepared for unexpected volatility.
Solidify Your Strategy: Reinforce your trading strategy, incorporating robust risk management practices and stop-loss orders to protect your positions.
Stay Informed: Keep a keen eye on the market and stay informed about news and events that could influence BNB's price.
Conclusion:
BNB's current situation within the giant triangle is a testament to the complexities of the crypto market. While patterns and setups offer valuable insights, it's crucial to acknowledge the presence of manipulative forces. As a trader, your ability to adapt, remain vigilant, and navigate these manipulative maneuvers will be your strongest asset.
Remember, in the crypto world, knowledge is power. Stay informed, trade wisely, and may your journey in this dynamic market be filled with success.
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Dollar General to close it's gap?Dollar General - 30d expiry - We look to Buy a break of 173.33 (stop at 167.33)
We are trading at oversold extremes.
In our opinion this stock is undervalued.
We have a Gap open at 01/06/2023 from 201 to 179.
The bias is to break to the upside.
173.09 has been pivotal.
A break of the recent high at 173.09 should result in a further move higher.
Our profit targets will be 188.33 and 191.33
Resistance: 173.09 / 179.20 / 200.00
Support: 166.00 / 161.00 / 155.00
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BA Gap Fill SetupBA 65m: Acute analysis potential gap fill to upside contingent on auction acceptance. Positive ER from UAL, expanded partnership with Invictus Games this morning, and ER next week catalysts for participants// 215.55 is a KL to be watched as it is where auction failure has occurred five times YTD// KLs 206.80, 208.77, 208.94, 210.13, 211.50, 212.56, 215.55// Beta 1.43, ATR 5.72, IV: 34.09%// Price at time of publish: 210.65
XAUUSD; PROBABLE DROPDear Traders,
It is my pleasure to provide you with an update on the recent market activities of GOLD since the SVB Collapse.
There has been a substantial uptrend observed in the market, as the price of GOLD surged from 1809.90 to 1926.04, representing a notable 1,160 pips move. Based on our technical analysis, we anticipate a potential bearish reversal if the 1HTF candle fails to close above the resistance zone at 1921.63 - 1911.73. In this scenario, we expect sellers to push the price towards the downside to fill the gap created at the (1871.65 -1867.17 region) during the previous bullish run, before the continuation of the upward trend. However, if there is a close above the resistance region, we may see a break and retest pattern, followed by a bullish continuation.
Happy trading.
XRPUSDT wants to fill the Wick?XRPUSDT created a pennant after a bearish impulse. Usually, the pennant is a continuation pattern, thus we applied MTB and CPS Plancton's Strategies in order to create a nice profit (see my previous idea). Now the market is printing Lower Lows and Lower highs and it getting rejections from the dynamic resistance.
We can see a false breakout with a spike and false breakout from the monthly key level in 0.30$ area. After that movement, the price created a new higher low.
How to approach it?
The market is starting with a consolidation phase inside a bear flag below the dynamic resistance. IF the price is going to lose the dynamic support we can start to look for MTB strategy because the price could fill the wick until the liquidity zone
TradingView Calc on order fill repaintingIn case you are looking for it , calc on order fill evidence of repaint.
This setting is all over the place, once you load from realtime to bar history you can see it performs nothing like eachother so you can't trust any of the backtest results.
JSFX recommendation: never use this setting unless it's for purely forward tested trading
Calc on order fill repaints
Calc on order fill repainting
UPST Moving up!UPST chart signals a reversal in price with increased volume. When the fed announces that interests rates will stay the same come up a little today at 2:30 pm, this lending company will come up hard. However if Fed raises interest rates by to much this will not happen, in fact the whole market will tank and the housing market will crash.... I don't see that happening just yet until the job numbers are better. I'm opening a short term call option on this ticker.
We will fill that gap!!!!
Upside down Bart Head forming!!
every April Intuit gains 10, 20% maybe 30% this yearEvery April Intuit gains 10, 20% maybe 30% this year.
There is a gap and it can be filled
every gap in intuits chart has been filled since 2017.
this might not be filled as it is far down thee
but
the charts say the price is ready to drop.
Short term bearish long term bullish
I will set a ladder buy from 365-325 in increments of $5 down to the gap.