BITCOIN (BTC/USD) 12/08/2024Bias as of drawing this idea is Bearish...
62K appears to be holding resistance as price falls to test for support.
A failure could mean a new test of 50k again, a failure to find a support could mean we see a test of 40k and then 30k.
Finding support above 60k would change bias...
70k would also have to be broken and tested for support for any continuation up.
IDEA
BTC - Bullish continuation - Fall 2024I believe we will see a bullish continuation for Bitcoin in the coming fall of 2024. This prediction is supported by several key factors, including the anticipated rate cuts by central banks and an overall positive market sentiment.
Historically, rate cuts have led to increased liquidity in the market, which often boosts the prices of risk assets like Bitcoin. Additionally, the growing institutional adoption and the maturation of the cryptocurrency market are likely to contribute to this bullish trend. Along with the US elections.
High Time Frame 3 Drives Pattern down to OctoberNOPIUM
I wanted to share a bearish thought that I think has merit whilst we are all talking about the new bull run to BTC at $250,000 by next week idea.
The Blue lines - FIB TIME
Purple lines - 3 Drives Pattern
I'm hoping the rest is clear enough.
FIB Time has been something I have used, ignored and then regretted before. Whilst nothing is a guarantee, In the past, it has given me dates within a few days of where it landed.
This time, it's showing that IF we do start to grind down over the next couple of months, it ends somewhere around the 4th - 7th of October.
Price Levels
Untested resistance around $48,000 - $49,000
Above us right now, we have a weekly Order Block , the whole range Point of Control and the Value Area High not too far away. Coupled with the untapped Weekly level, I see this area as pretty good resistance until proven otherwise.
Price levels:
Somewhere between $67700 and $69000
If anybody has any thoughts, I'd love to hear them.
Charted for BITGET:BTCUSDT.P
GOLD Trades Idea for Wednesday 15 July 2024DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Signal For 15 July 2024
SELL LIMIT Order: $2408.08
Stop Loss: $2418.56
Take Profit 1: $2397.84
Take Profit 2: $2384.23
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.
Trade Review For 12 July 2024
Manage to reach take profit 1! Shifted stop loss to breakeven to reduce risk. Let's continue to trade!
P&L for the month: +6.3R
01 July: +0.5R
02 July: +0.5R
05 July: +1.6R
08 July: +1.6R
11 July: +1.6R
12 July: +0.5R & Running
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R
June: -0.2R
EURCAD BUY | Idea Trading AnalysisEURCAD is moving under the descending channel
The chart is above the support level, which has already become a reversal point twice.
We expect a rebound after the support is retested.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Some Hopium for 2024 Cycle, Lets See How Well This Ages For FunComparing the 2 previous bull run cycles to the now current cycle using approximate scaling to compensate of overall size of each run. Notice the moving averages are relatively similar, also RSI, Stochastic and Aroon Indicators are in the same ballpark when considering scaling time for the higher capital size/price. Like most I felt we were further into the cycle but did consider the possibility if we were to drop and break the local parabolic curve we could just be setting up for a longer and larger bull cycle, especially since we had such an early start this time. Good hopium I suppose, and will see how good or bad this ages, will see if that scaling the chart will show some truth to my hypothesis, I am publishing this right after today's closing loss of the 200 MA on the Daily timeframe.
GOLD Trades Idea for Wednesday 26 June 2024DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Signal For 26 June 2024
SELL LIMIT Order: $2328.92
Stop Loss: $2337.41
Take Profit 1: $2320.68
Take Profit 2: $2309.72
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.
Trade Review For 25 June 2023
This trade almost ends in full profit! But nonetheless, I am happy with the partial profit as well.
P&L for the month: +0.8R
03 June: +0.5R
04 June: +1.6R
05 June: -1R
07 June: -1R
14 June: -1R
17 June: +1.6R
18 June: -1R
20 June: +1.6R
24 June: -1R
25 June: +0.5R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R
$SBER needed to get colder before the next roundMOEX:SBER in my point of view is going to move down to 170-180 before it will be ready to start a new circle of long position.
Points to buy for the future long: 220, 200, 180, 170
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$RNFT is planning to find a new baseline for the future jumpMOEX:RNFT is highly overbought and we must give time to let it to build up an energy a bit.
My prediction is that it can find a bottom somewhere near 195.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$FIXP is ready for a tripMOEX:FIXP is a popular retail company, which was moving down for a long time after staying a public company. This is a moment to start ascending trip to the moon.
First ste p is already near here.
Level 1 is about 480.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
Please, subscribe and challenge my point of view )
$SPBE has a huge potential for coming back to the fair priceI see that the recent MOEX:SPBE investors distrust slowly but surely returning to the expectations of the better future of this instrument. We are observing creation of the double bottom graph as well as of the baseline arrangement for the next two-steps raising moving.
Potential is to take about 40-50% in 1 month and about 100% during next 3-6 months (depends of scenario).
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
GOLD Trades Idea for Friday 21 June 2024DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Signal For 21 June 2024
BUY LIMIT Order: $2342.21
Stop Loss: $2327.52
Take Profit 1: $2356.66
Take Profit 2: $2375.88
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.
Trade Review For 17 June 2024
This trade managed to reach the final take profit!
Trade Review For 20 June 2024
Finally! This trade reaches both take profit levels within short few hours! To be honest, I was lucky that I managed to get into this trade before the pump.
P&L for the month: +1.3R
03 June: +0.5R
04 June: +1.6R
05 June: -1R
07 June: -1R
14 June: -1R
17 June: +1.6R
18 June: -1R
20 June: +1.6R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R
#ID/USDT#ID
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.4230 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.4460
First target 0.5350
Second target 0.5830
Third target 0.6500
AUDUSD RESITANCE BOUNCEPair: AUDUSD
Timeframe: 1H
Analysis: Trend line, volume profile , support and resistance, trend break, reversal
—————
Key Takeaway: Seen a great bearish reaction from our dynamic resistance and trend line. Will wait for a good drastic bearish reaction from this level before entering short.
—————
Level needed: need a close bellow 0.66660
—————
Trade: SHORT
RISK:REWARD 1:8
SL: 0.66770
TP: 1.66194
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
GOLD Trades Idea for Tuesday 19 June 2024DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Ideas For 19 June 2024
BUY LIMIT Order: $2316.78
Stop Loss: $2306.40
Take Profit 1: $2326.91
Take Profit 2: $2340.38
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.
Trade Review For 17 June 2024
Our trade managed to hit take profit 1! I shifted stop loss to break even. This trade is risk-free now!
Trade Review For 18 June 2024
Unfortunately, our trade ended in a loss before the price went back up to our take profit levels! Let's try again tomorrow!
P&L for the month: -1.4R
03 June: +0.5R
04 June: +1.6R
05 June: -1R
07 June: -1R
14 June: -1R
17 June: +0.5R, running
18 June: -1R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R
GOLD Trades Idea for Tuesday 18 June 2024DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Ideas For 18 June 2024
BUY LIMIT Order: $2318.66
Stop Loss: $2309.77
Take Profit 1: $2327.31
Take Profit 2: $2338.80
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.
Trade Review For 17 June 2024
Our trade got triggered late at night, let's continue to hold until the price reaches either stop loss or take profit 1!
P&L for the month: -0.9R
03 June: +0.5R
04 June: +1.6R
05 June: -1R
07 June: -1R
14 June: -1R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R
GOLD Trades Idea for Monday 17 June 2024Apologies for the short break, I was away on holiday. My trade ideas were still active in the blog.
DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Ideas For 17 June 2024
BUY LIMIT Order: $2315.02
Stop Loss: $2301.36
Take Profit 1: $2328.44
Take Profit 2: $2346.28
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.
Trade Review For 14 June 2024
Unfortunately, this trade ended in a loss. Let's try again tomorrow!
P&L for the month: -0.9R
03 June: +0.5R
04 June: +1.6R
05 June: -1R
07 June: -1R
14 June: -1R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R
BTC Longterm Idea Hey hope this post can help you to see everything from another perspective. I did this chart already last year where the pencil drawing starts. Let me know what you can see here in this chart I am really suprised how well I read the market but I have to say I made no profit I was just not sticking to my strategy.
Oracle (ORCL): Bearish Scenario with Long-Term PotentialSince our last analysis of Oracle on the daily chart, there has been little significant change. The stock moved into our Wave (B) zone between $128 and $138, and after reaching a high of $132.77, it was rejected. A trendline was broken but quickly reclaimed, suggesting a potential push upward.
We anticipate Wave 3, the subordinate wave, to find support around $91 to $86. Currently, everything indicates a falling trend, and unless the price rises above the recent high of $132.77, we expect continued downward movement.
However, our primary scenario remains bearish, expecting a further sell-off down to the range between $80 and $50. This range is broad but suitable for long-term entries. We see no issue with the size of this target zone, as it offers good long-term potential.
$LINAUSDT is drawing a very interesting setupI see a lot of movements and crossing of figures on the graph of BYBIT:LINAUSDT.P
1. From the top to the down trend-line inside the tapering triangle in the left side.
2. Stochastic lateral movement inside the diamond pattern borders in the middle.
3. Forming of a probable expanding triangle on the right side.
4. Global pressure in the form of ascending triangle under all the changes above.
I know, that we are working with tons of probabilities, but I believe, that basing on my investigations and intuition, in the next 5-6 months we will observe an raising upstairs walking to the range between 0.025 and 0.031. And the first step will start very-very soon.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view.