Futurestrading
ES Sunday Trend Analysis We are still ranging in this orange downtrend channel but still within the larger purple channel. We broke out of the uptrend that price was following since March, so where we go from here is yet determined. If the purple channel is broken to the downside, I believe we'll see some selling pressure, if we hold, I believe we can work our way above 4200.
Price has been holding 4145-4150 since Friday the 14th and price has tested it multiple times since then, making it weaker each time we tough. If 4140 fails and we close blow, 4128-4122 is my target.
I wouldn't be interested in any longs on a bounce, as the risk to reward isn't there while we are still within the orange downtrading channel. I would try longs off of 4122-4128 bounces and I would try shorts off of 4150.
ES Trend Analysis UpdateIt is clear on one thing. ES is basing for either a large move up, or down. Which direction? Who knows. We just have to react when it does.
You can see ES is still within this purple main channel but riding the orange trend down. We have already broken out of the main uptrend (white), which usually indicates price would like to retest the highs or make a new high. If ES retests the main purple channel's support around the time it touches the orange downtrend's support at ~4126, ES could see another dip buy with strong momentum. Strong momentum buys or sells usually can be seen when two trend correlate with each other.
On the other hand, if we fail 4126, we can probably see 4100-4080.
ES Overnight Breakdown Continuation?Will ES continue to break down the main channel support? If we do not hold 4150, I believe we will see a much needed cool off and a main channel retest around ~4120.
I played a short overnight for 20 points for a measured move of yesterdays leg. I believe we will see a small bounce to retest the uptrend, then see continuation down to the main channel as we have lost a bit of steam.
XAUUSDThe price retest at the trendline
And resistance
If we look 4h timefrime we will see strong sell candle
High probablity to move downtrend to next support
If you day trader I recommandation to switsh
Timefrime to 15min or 30 min
And look for some confirmation to sell gold
Don't forget keep you trading simple
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ES Measured Move and Running out of Steam?I do believe it's time for a slight cool off for the ES. The swings are getting smaller and we are getting tighter. Currently in a fairly large channel (main channel) but currently still in an uptrend as well. With the swings getting smaller, we will either break to the upside for a push above 4200, or break down for a cool off period back to around 4130-4100.
We have also completed two legs up for a measured move. Looking like it's time for some correction.
I am currently short at the 77's with profit targets of 65 (targeting the uptrend support) and 50 (targeting a breakdown of the uptrend and a third retest of ~50.
XAUUSDThe price close above strong area and we have head and shoulders inverse
High probability to keep rise to next level resistance
As I said in last idea XAUUSD
I explain if broke neckline
We will waiting retest on the area yellow
And we look for strong confirmation to buying gold
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I'm bullish 👀It could be a trap lol but so far, there's a BTC weekly bullish divergence that give me more confidence in going long specially after I see XRP having trouble to break down the channel. You can even see a bit of my scalping trade in lower timeframes but to catch the big move you've got to wait a breakout then a re-test to confirm before entering the trade up! Could be a small correction certainly before going down or a bulltrap so beware!!
BNB Special Situation! We can see there's a triangle pattern here but still we've got no clear direction with strong momentum where this could potentially go! So we have 2 scenarios. Whichever plays out, I'm still expecting a strong move up hopefully! But could take a couple waves down or a strong down move into market structure before we see the shift in trend.
A lot of money needed for this to move though 😊Here we have 2 possible scenarios! I see Cardano trying to break out from the triangle pattern however it needs to be a big breakout and we don't see that yet except for 15min TF. Still not enough of a confirmation, breakout then re-test of trendline before kicking off. I think it would go up that much but good enough for a small scalp trade in the lower timeframes. A lot of money is needed for Cardano to move strongly and it's been going down consistently for a long time so I advise manage risk properly. We could potentially see a down move as well if it fails to breakout any higher and that would mean a continuation of the juggernaut downtrend we've always been into lol... which makes sense being an overall bear market.
CHZ/USD 2 possible scenarios! If we see breaking out to 0.17 level we wait for a re-test and enter the move up which I believe could go upto 0.19 after such a huge accumulation phase. Now, if we see a break below 0.16 even further till 0.14 I expect a pullback coming up with a re-test like shown, so here we have 2 set ups we could use according to price action and movement.
S&P What's Next To Come..4160 Proved Strong as a PA zone for Traders... That's why we looked short each time. Nonetheless the area remains short due to PREV PA zones highlighted to the left handside.
But... Areas like this are hit so many times before they break. The risk of each strike therefore inherently changes. It's wise to lower Size upon further hits on the same area as you have seen and leave remaining Trade size (lots) for extended moves up to more clear PA zones.
That comes around 4250. Often you will get times where markets fall for an extended period and are followed by indecision / sideways markets. That's because sentiment to the downside cools off and you get a rise in the price of the asset. Former Long zones become new short zones (re hitting resistance) and they take time to break if significant enough (or market sentiment is not strong enough either).
Dropping size can come in varying proportions. This can be halves/thirds/quarters or less as comfortable. If you are dealing in Risk % per trade its also wise to drop this per hit. This is a classic way to manage risk based on previous price history. Remember Markets will repeat themselves and not every trade consists of the same risk %.
Also note indicators like your Stoch Oscillator.. When they are high you should not buy. That is timeframe specific and not as a general view.
Trade safe and trade small.
⭐ BITCOIN UP UP AND AWAY ⭐⭐⭐ BITCOIN $BTCUSDT Weekly Market Overview
Similar setup as before. March closed bullish
for BITCOIN.
What are we expecting?
We are still in the range of 26,600 to 28,900.00. A good sell off to $26,500 or much lower reaching $24,300 before a good buy breaking 29,200 highs towards $32,400 region.
Swing Signal - SELL THEN BUY📉📈
Wish You A Great Week Ahead, King 👑
Future Trading XRP Idea!. If the price drops down to $0.777 - 0.1663, I would consider enter a trade XRP/USDT.
If the price of XRP/USDT rises to between $1.413 and $1.526, that would be my Take Profit Zone. I would consider selling a portion of my XRP/USDT holdings to lock in profits.
If the price of XRP/USDT continues to rise and reaches between $3.365 and $3.672, that would also be a Take Profit Zone for me. At that point, I would consider selling more of my XRP/USDT holdings to secure additional profits.
My today's view on SP500 - FutureHi Traders,
This is my view for today on ES
Micro and Macro structure are both aligned. There’re few zone I’ll wait for the price to test:
- 4025 for a short
- 4080/90 for a short, as well
- 3960 for a long (but I need a strong confirmation)
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.