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BITCOIN - where to next? My 2 cents worth (December 4, 2021)Hi to all, I don't trade crypto. In fact i don't care about crypto, or it's future potential or benefits - or what it could do, may do, possibly do, and/or perhaps will be in the future. In saying that, i do observe the bitcoin chart on one of my saved chart templates regularly - particularly over the weekend (for curiosity mainly) - as i love technical analysis. In my normal weekend analysis i undertake (as per my normal process of weekly review of the trading week that has just gone by), i decided to look into the daily and weekly chart (after the big price action drop today - Saturday December 4 - price currently approx. 47,000 - being an approx. 10%/11% + drop today alone) - as i type these comments. I note the following on my chart: Confluence of levels including: - 61.8 Fib from the July low - 38.2 Fib from the 2021 low - Trend Line Support here. In my opinion (which doesn't necessarily mean anything at all ), it an interesting price action point when observing the longer time frames. A break below here could really accelerate some further down side - clues on the faster time frames should or may provide further indications from here. I would not be surprised either if price holds here also. Best wishes to all and stay safe. bazzman78tv :)
COINBASE:BTCUSD
by bazzman78tv
3
us30 shorts finally activeQuick analysis on us30 We have been rejecting from the 36250 key level on the daily timeframe It appears we are breaking the low of a bear flag formation I like 36000 to be the first target as a quick trade but with the bear flag it looks like 35750 is its final destination. I will be entering this trade on the minute chart (1minute or 5 minute) Looking for about a 25 point risk with a 75 point profit target or 36000 Then I will attempt to reshort it after the pull back correction with a smaller position down to 35750. All things pointing bearish. If we open and pop above 36250 I most likely wont take any position or take my short idea off
OANDA:US30USDShort
by Thecontrariandaily
6
UK100 buy running ⤴️🙌We are using our POW reversal strategy for this trade a UK100 long. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Previous trades also can be seen on chart. Both were long trades and both found TP so lets see if we can go three for three. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
ULong
by pow_removetheguesswork
UK100 long running 📈👏Trade details for current trade are shown on the chart. Trade has been live since 7:15 UK time and we are using our POW reversal script. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Previous trades can also be seen on chart one found TP one found SL which was covered in an idea Monday. Lets see how this trade plays out. Trade history can be seen at the foot of this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
ULong
by pow_removetheguesswork
3
UK100 long is valid ↗️✅Morning traders we start the week with an UK100 trade. Trade details for current trade are shown on the chart. Trade has been live since 7:15 UK time and we are using our POW reversal script. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Previous trades can also be seen on chart. Trade history can be seen at the foot of this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
ULong
by pow_removetheguesswork
I'm in a UK100 short 📉🙌Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. Trade has been live since 2:45 UK time. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is stop loss. Previous trades can also be seen on chart. Both were long trades one hit SL and one hit TP. This trade is in slight draw down at time of writing but I trust my plan so lets see how this trade plays out. Trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. I'll follow this trade now until TP is achieved, a new trade presents or stop loss is hit. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
UShort
by pow_removetheguesswork
UK100 long is valid Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Previous two trades can also be seen on chart. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
ULong
by pow_removetheguesswork
S&P 500 Weekly Daily Chart Analysis For August 30, 2021 Technical Analysis and Outlook Our Inner Index Rally of $4,545 was hit on Thursday. The Spooz is currently in a tight trading range, and we are awaiting intermediate confirmation of the trend. However, a drop to Mean Sup $4,469 is a strong buy and provides ample opportunity to load the boat for resurgence to retest undeveloped key resistance and completed Inner Index Rally. The subsequent significant outcome is Outer Index Rally marked at $4,626 to follow. See the 'Weekly Market Review & Analysis For August 30, 2021" page at the usual site for the rest of the market story.
TVC:SPX
by TradingSig