Highprobability
EXCELINDUS Swing Trade SetupThis will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Price is in uptrend reversed from Trendline.
Also price broke from box with with volume.
CMP: 982
Nearby Support: 802
Nearby Resistance: 1120, 1161.
The final shooting star for the AUDAUDUSD presented a shooting star at a key area of confluence on Wednesday. Price failed to break this confirmed evening star. Thus creating a volatile indecision bearish engulfing at the high. I will short upon a retest of the high or the presentation of a reversal candlestick on the back of the trendline if broken. Price is still pushing for its highest point. ADX is still very bullish for now.
highstreet short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
HIGH : CH COIN 2HIGH is the coin 2 after NEO that we follow for the coming time in the trend of Chinese coins.
We will follow this coin in case this coin is able to break out in the coming time.
Trend view list of coins that are connected to china trends.
HIGH,NEO,QTUM,FLM,EOS,BCH,AMB,VET,ONT,TRX,FIL,XLM
AUD CHF SHORT#14
EUR JPY SHORT
AUD CHF SHORT
RR 1:3
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
BEST SHORT Opportunity in the markets!! SQM SHORT!!This chart is up against ATH and MAJOR Overhead Resistance lines extending back to 1996. This stock has been overbought for quite some time and has continued to move higher while markets have traded generally lower. I fully expect this one to play catch up soon.
Notice the large Yellow Parallel Trend Channel that price broke out of in March 2022. Price has gone nearly Parabolic since then and is losing steam as it hits overhead resistance. Although not shown here the Price is outside of the Bollinger Bands for >5 MONTHS now indicating that price is > 2 STD away from the mean average MONTHLY Price. This is a Reversion to the MEAN counter trend trade with the 1st Target Price the broken Resistance now acting as support. 2nd Target Price would be the Monthly EMA 39.
SHORT Entry = $112.46. SL is confirmation close > $116.78. Target # 1 = $77.64. Target # 2 = $60.43. This is a 8.5:1 Reward:Risk ratio to the 1st Target. Even greater to the 2nd Target.
Trade has a >85% Probability of turning out EXACTLY as described!! See my prior posts on similar setups in AMD and SPX.
Triangle Break-Out in 1 DTF//HGINFRA+++The Triangle is broken with good candle and also sustained in today's session.
++The Supports(+) and Resistances(-) are also perfectly respected.
+Lets follow the Price Action in keeping the SL(Under 14 Dec candle) and Target R:R should be (2.5)> .
Happy #Christmas Trading Mates!
BTC will crazy uppreviously the speech of the powell has been made a really serious dump on the DXY rates so in that case BTC has broken the strong trend line which is made it dump.so in that case we could expect rejection higher on btc/USDt then create new movement .Also now it is in monthly resistance so we could expect a rejection higher as support become resistance.overall its bullish .
HTF direction LTF execution Hello traders
-In this example, we have explained the high probability setup after a reaction from a strong supply zone.
- Here, we have an entry after the reaction from the supply zone, which we will break down in detail in the following steps;
1) We can see that the price is in a downtrend, and supply has full control.
2) The price moves towards the supply zone, and make liquidity
3) In one move, the price picks up liquidity, and we see a good reaction from the supply zone.
4) An impulsive reaction from the supply zone tells us that we have a strong supply zone and we can expect a downtrend
5) After the reaction from the supply zone, we see a nice momentum, and then the price starts to pullback to our entry.
6) The price creates liquidity, that's another positive confirmation we see here.
7) We currently have everything we want to see, and the price from our entry is expected to continue impulsively towards the downtrend
- It is very important to read the PA in detail in order to understand the psychology behind the PA and to more easily recognize your high probability setup.
-Other people do not look at the market the way we do. They do not look at everything in detail. They don't know that this is necessary because if they do not understand the language of the market, they will have a lot of problems.
-It is hard, it requires time and hard work, and you need to be eager and well disciplined.
-Once we learn the language of the market and the way it communicates with us, we will always be able to understand what the market is saying to us.
- Don't forget to leave a like, if you have any questions, write us below in the comments.
EUR/USD where to from here?With termoil on the side of the dollar, a Federal Reserve who continues to show signs of stronger policy moves and major economic data yet to come for the U.S this week, can the Euro continue to gain traction?
The euro has broken in to possibly form a new acending channel. Will we see we see further gains ?
High probable Sell ConditionsAs the DXY kept dropping lower, Stock Indices such as the Dow and the SPXUSD kept rallying higher as expected. From my weekly forecast I expect the DXY to rally once more taking out the current swing high on the overall daily timeframe, and as expected, Both US30 and the SPXUSD indicating bearish confluence factors (such as bearish cracks in correlation, Bearish turtle soup conditions). Therefore, for the upcoming weeks we're most likely going to trade to that 3491.3 level. This is the highest probable scenario amoung others (because there's always more than one possible outcome).
DXY Momentum Shift.Hello Traders!
Here we can see DXY is clearly not breaking swing highs.
It not looking to seek buy side liquidity above swings highs.
Instead we can see price seek sell side liquidity below swing lows.
We also can see here on the daily a swing low is broken and price follows with a lower swing high forming
(High probability scalp model in play).
I would like to see price seek equilibrium of its monthly range it is trading in currently.
Swing highs are broken are going to be seen as turtle soup situations.
US30 Wednesday Long. Overall direction bullish.firstly, once price reaches below asia highs, we can expect it to trade back into the 50% level of the 15M bullish OB before reversing and expanding higher hitting Tuesday highs and reaching for that red highlighted level. But before hitting Tuesday highs there's a high probability we might retrace a little bit during the New York Open Session. Providing further opportunities to join in on the overall bullish movement.
DOW JONES INDUSTRIAL Major Level here! The Dow Jones Industrial Average Indice is seeing a major runup the past few weeks since the beginning of October.
The Dow has seen record gains of 17% since its bottom in Early October.
The Dow is now running into some big-time resistance... That is our focus today to dive in to.
The 30 companies pushing the Dow up may be becoming overbought indicated from RSI and other oscillators.
TrendLine 1
But what we're looking at is the Dow's trendline analysis. We are seeing a Long Time Resistance Line Dating back actually all the way to 2008 guiding as a mean resistance point being touched now again! This marked 'Blue' Line represents that resistance and the Dow is approaching and testing that level now. A Rejection could lead to a selloff, if History Repeats and Dow does not want to head higher at this time.
OPINION : Dow will only break this trendline if looking to really meltup or erase losses and hit All Time Highs. If this is not the case yet, I do not see this breaking upwards at this level.
TrendLine 2
This Trendline has lasted and been intact since the kickoff of the 2022 Bear Market.
We have seen numerous Retests and Rejections of this Resistance Line, and we are now testing this again.
We have YET to break through this barrier, as it guides the market lower & lower.
Again The Dow will need major buying to break thru these levels, as massive resistance is present.
OPINION : Same as above, I can only see a break upwards if buyers really believe Dow is going back to ATH or erase gains in a massive market melt-up
Contrarian to my Writing : This article mainly features idea of a rejection, but one thing that particularly makes me more bullish on Technicals here is that the S&P / NASDAQ have yet hit their own bear market trendlines and this could rally the market up higher to those areas. If this happens, it is likely the Dow follows this movement somewhat, and could see a break above.
Something to keep note of!!!