Looking for a breakdown on LI Insidish candles, below the 10 EMA...... lots of room on the downside to the 100, 200 daily
Insideday
Bitcoin To Reach $68646 Within 2 DaysThis is my next target for bitcoin after breakout from an inside day pattern.
$BTC double inside barI am not a fan of $BTC price action recently, no follow-through on 50k break. I am leaning towards a fakeout scenario. But this double inside day might give us a confirmation on what $BTC wants to do.
TrendyTrades: MO Bullish AnalysisBreaking out of a wedge, 48.72 a key level, if price gaps up and pulls back it'll most like bounce off this key level. IF no gap up, price would need to close above 48.72 for confirmation for a bullish trade.
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Tutorial | Lesson 4: Key Levels When Trading 24 Hour MarketsLet's look at some key levels to identify before each trading session, especially when trading around the clock markets like futures.
Before the cash session bell, what are the prices for the following levels?
Prior Session High/Low
Overnight High/Low
Developing Value Area High/Low
And then, at 8:30a ET, is price above or below the prior session high or low? Are we seeing an inside or outside day? Other levels worth consideration are prior sessions POC, High Volume Nodes (HVN) for possible areas of support or resistance, and price relative to our trend filter.
$NOK - Drown out the noiseQuiet day. Forming green inside candle forming before earnings. Calm before the storm?
$BB and $NOK got pops from the reddit crew recently, which was nice, cause I was already in both and sold. But also annoying because I believe both stocks have actual potential. I have since re-entered both stocks. Nokia has earnings tomorrow. Have decided to hold.
SPY Inside Day, More Of The Same Tomorrow or Key level Break?SPY bounced all the way back to the key 341.77 level. A break of this level should trigger an ATH+ run. Don't be surprised to see a double inside day tomorrow as market continues to digest stimulus talks.
DELLDouble Inside day set up on daily if the trend continues can retest ath before the end of the week or next week
MMM XYAB and bullish gartley combination longMask factories around the world are facing very strong demand for Coronavirus.
For those in Asia that have been publicly offered, the stock prices had already soared for a while.
Meanwhile, 3M didn't really follow this topic in its stock prices but is still worth noticing.
Here we got this harmonic patterns combination with an inside day.
This inside day breakout trade would interest me a lot.
Let's see how it goes yo!
US30 structure pullback and inside day breakoutQuite an important inside day breakout to make sure turning back to bullish mindset.
And US30 is better than SPX500 as it pulls back to the structure nicely.
Accordingly, only willing to look for long opportunities today!
MCD inside day after ATH and 200.00 figDespite the market fluctuation, MCD is trading at its all time high level, which is quite in-play as a super relative strength pick!
Here we got this inside day after all time high before the 200.00 fig that had been tested once.
2 choices out there:
1. buy the inside day breakout
2. buy the 200.00 fig breakout
In this case, I'll prefer the 2nd one as there might still be huge size at the fig spot,
not really want to buy before the fig broken!
Well, so this trade will be a "buy at all time high" trade lol.
Let's see how it goes yo!
BA inside day for short-term momentum traders!BA didn't fall as much as I thought after the crush accident, and there are still many people who takes the dip as a buy-low opportunity.
Here we got this inside day, a very good chance to use direction it breaks as reference for intraday trade.
More inclined to take the short though.
Let's see how it goes yo!
Why do this normal AUDCAD structure pullback worth a shot?Basically in this hourly chart, we won't be too interested in taking long as there were bearish pattern and double top above;
What makes me turn to this pair that's not even on my watchlist?
Inside days!
Both AUDUSD and USDCAD have inside days yesterday, AUDUSD already breakout a little bit and USDCAD in right at the corner.
As a combination effect, a AUDCAD long is the best trading choice to take part in both breakout!
Of course, even if I have strong conviction to take a long in this pair, I won't open a long position in front of a bearish bat nor bearish 2618.
Accordingly, this normal structure pullback becomes the best possible choice to get on the train!
(If it hits the bat first and pullbacks to the structure, this trade would be even better! )
Let's see how it goes!
$AKCA Triple Inside DayThis stock has potential to really move one way or the other. Sizing should be appropriate for biotechs and potential movement.
Hourly chart looks like solid flag. Would need to clear downtrend line to confirm move higher
CVS putsFor CVS I see a pattern on daily view
Inside bar At Upper BB then the fall
A Good entry might around 71.30 tomorrow or above assuming everything is OK.
As they like to delay the pattern recently Aug24/31 68 puts will be Good. As for You to be Quick ITM 71 puts Will be Good too
CMG Daily shooter after earningsInside bar after earnings is one of the inside bar trades that can break the 8ema rule as the earning day may be taken as a whole new start,
which implies strong potential momentum.
CMG had a 25% rally after the earning report to come back to the stage,
and it gave a daily shooter here, I like the long much more than the short though.
Of course, if it breaks to the downside, the room of correction also looks juicy to trade the gap filling,
but I'd rather skip the trade with regards to how it soars to the sky.
That is, if it breaks to the downside first, this trade doesn't exist anymore!
Let's see how it goes!
FB bullish bat pattern and inside day long opportunityFB has been a trading hot spot for a couple of days with a 30% slump, looking for some set-up to long is not too crazy.
Actually this X point is not a perfect one and the more significant 0.618 retracement will be near 145,
but if the inside day is able to break to the upside, it's still a worth taking trade with solid 8EMA correction rooms.
Let's see how it goes!
GBPCAD Bullish Gartley Pattern and inside day long oppotunityUSDCAD dropped significantly on Friday on the U.S and Canada numbers, which may create some trading opportunities on these minor pairs.
GBPCAD has a daily gartley pattern and an inside day, so if it's able to break to the upside, it could be a solid long trade!
Let's see how it goes!
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welcome to click it as a like button for this article yo!
USDCAD, a 40-pips-risk inside day trade!In terms of inside bar trade as a day trader, I don't usually trade inside day directly as it may have huge risk that I can only take a small position.
While of course, the larger the time frame, the more significant the breakout,
so I often wait for the breakout of an inside day and find intraday opportunities in line with the directions.
In this USDCAD inside day case, breaking to the upside means a trend continuation, and breaking to the downside can be taken as a confirmation entry of the resistance level.
Moreover, it's only 40 pips risk!
I think it's a worth taking trade, let's see how it goes!
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2 convictions to long XAUUSD todayBased on the daily chart, there are 2 potential trades to long XAUUSD with similar entry points:
(1) Inside day and up
XAUUSD gave an inside day yesterday with a 1226.39 high and 1220.06 low;
it already broke to the upside which may lead to price correction to 21EMA @ 1245
so its entry could be @ 1226.45 and out @ 1219.95, put half of the position sell limit @ 1234 and wait for it to finish the correction to see if there is a reversal;
(2) Bat Pattern
The daily bat pattern indicate an entry @ 1223.46, (0.886 XA) with a 1213.99 (X) out, and it did bounce a little bit off that.
1st target price will be @ 1246.92 (0.382 AD), suggesting taking off half of the positions and trailing the rest.
While the risk is that today will be FED day and it probably will increase the volatility and uncertainty for gold price,
with reasonable risk/reward trade to get involved with it could still be a solid strategy.
XAUUSD xauusd
