Long-short
GET READY - is the DJI setting up for a major correction?In this video, I compare the movements of the DJI with the DAX.
There are no predictions here. What I am saying, is to get ready.
Price can move in any direction but there is a 4H ATR trendline indicating that the trend strength is for the south.
As I cannot predict the future, this scenario is only relevant up to the time of posting. The markets can do as they like and prove me wrong.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BTC/USD Wyckoff AccumulationWe have seen Wyckoff Accumulation, and Distribution method used multiple times by Institutional investors/Whales last year. Looks like the same strategy is getting used this time too. 44k-46k is acting as resistance and 33k-35k as support.
Again this is purely theoretical based on historical data. If the same accumulation method occurs, this is what BTC will look like for the next two months.
This is not financial advice; please DYOR
ATOMUSDT Bullish OB| Swing Low| Price Action|Trend Evening Traders,
Today’s analysis – ATOMUSDT – trading at a key support level where a rotation back towards the high is probable,
Points to consider,
- Price Action Corrective
- Local OB Support
- .618 Fibonacci Resistance
- POC Resistance
- Low Volume
ATOMUSDT’s immediate price action is trading at an order block, offering support, this allows for a bullish bias.
The .618 Fibonacci and the POC S/R is current resistance, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent on the next expansion.
Overall, in my opinion, ATOMUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“There is a huge difference between a good trade and good trading.” – Steve Burns
ETH | Descending Broadening Wedge?Hey, I am observing right now the ETHUSDT chart waiting for a conformation of what will happen but still taking a long trade. The upside has more room up in my opinion if we break below the green line (Support) I will close my trade ofcourse. Shill me also your ideas.
BTC TA 22.02.20Bitcoin is based on channel floor support and static support in the range of 38700 to 39200. If supported in this area, it can rise to the top of the canal and then the range of 41,500. If the static support is broken, the range of 36,500 is the next support.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 20.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do bette
The Question on everyone's mind - SPY - SPX - Which direction?Everyone is waiting on the open like hawks to a prey question is what direction will we take in the weeks ahead
could this WWIII be a hoax like covid?
or could this be the real deal that wipes the slate clean...
AMEX:SPY
SP:SPX
AMEX:VT
AMEX:VTI
AMEX:VOO
AMEX:XOP
AMEX:XLE
AMEX:DBA
AMEX:XLF
BTC Three scenarious I am watching at!Hey, you dont have to do a trade now and fomo in you can also just take some time and watch out at what is going to happen don't be scared to miss out something. There are a lot of oppurtunities you can take advantage of. What I had to learn was not fomo in something just because it went up. A lot of people that were bearish saying BTC will go down to 20k are now super bullish just stay neutral without emotions. Observe the market because everything can happen, if you think like that you will see what is really there and not what you want to see. I am still learning to get better at it.
Let me know what your scenarious are.
If you buy stocks, use STOP orders!If you buy stocks, use STOP orders.
Don't ride the submarine to the depths of the ocean. If it's a submarine, you want out! Not because the submarine may come back to the surface for oxygen, but because a submarine can stay under for a LOOOONG time, or it can sink (which you don't want). So instead, the goal is to avoid the submarines and to try to ride dolphins...and then hop onto a hot air balloon, that then brings you to an trans-orbital ship that brings you to the international space station. From there, you want to hop into a space shuttle ship that will take you as far as Mars. From there, you want to hop out and hitch a ride w/ passing by aliens, and ride w/ them to another galaxy.
Each of those levels, use stops! Careful that the dolphin isn't on LSD and swims you down to the submarine or to antarctica. Don't let the air balloon drop you back into the ocean where you may hurt the dolphin. The trans-orbital rocket can easily explode. And don't let the international space station explode w/ you in it...you will be stranded in outer space and freefall back onto the top of the hot air balloon. Be weary of the space shuttle ship flying on the wrong course into the sun (that is oblivion). And make sure the extraterrestrials are headed in the direction away from earth.
Do I have any stocks that are in orbit or in outer space or on their way out of the ocean. No. So take what I say with a tub boat overflowing of salt. But, conceptually, what I said ought to be the real goal. Long term investing but playing it w/ smart, protective tools to ensure that we stay away from submarines. The main goal really is to avoid submarines. Anything else is bonus.
ONEUSDT .618 Fibonacci| Prince Action| Trend Evening Traders,
Today’s analysis – ONEUSDT – trading at a key location where a bounce is probable,
Points to consider,
- Price Action Corrective
- .618 Fibonacci Support
- Local OB Support
- Low Volume
ONEUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the .618 Fibonacci and a Local OB, allowing for a bullish bias.
The current volume is below average, an influx is highly imminent on the next expansion.
Holding this support is key for a bounce to upside resistance, failure will be indicative of weakness.
Overall, in my opinion, ONEUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
AUDUSD Markup 15min 17-2-2022AUDUSD is following the orderflow so we go with it. We don't wanna try to catch the reversal So for now,
we look for buys. I did marked the supply zones for us to keep in mind for potential sells but it needs to be clear.
this is no financial advice, just a markup I'm not telling you when to buy
NDX100 Potential rejection of the 0.382. Further downside?NASDAQ weekly analysis
Short IF
We have a rejection of the FIB 0.382 level on the weekly as previous weekly closes were bellow this area with bearish candles. Also this area coincides with the weekly MA50 also serving as resistance and a strong diagonal resistance.
ELSE Long IF
We break above this level and hold it as support, entry on the back test.
ATOMUSDT Local OB| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – ATOMUSDT- rejection of from an order block, allowing for a move down,
Points to consider,
- Price Action Corrective
- Local OB Resistance
- Local OB Support
- .618 Fibonacci Support
- Low Volume
ATOMUSDT’s immediate price action is rejecting of from a Local OB Resistance, trading towards the support level that has technical confluence with the .618 Fiboancci and OB, allowing for a bullish bias.
The current volume is below average, an influx is highly imminent of the next expansion.
Holding the support region is critical for a bullish market structure, failure to hold will be indicative of weakness.
Overall, in my opinion, ATMUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
― yvan Byeajee
GBPNZD VWAP S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – GBNZD- trading at a key trade location where a bounce is probable,
Points to consider,
- Price Action Impulsive
- VWAP S/R Support
- .618 Fibonacci Support
- Low Volume
- Trend
GBPNZD’s immediate price action is trading at an area of confluence with the .618 Fibonacci and the VWAP S/R, allowing for a bullish bias.
The current volume profile is below average, an influx is highly imminent on the next expansion.
The target is the swing high, exceeding this level will lead to a trend continuation.
Overall, in my opinion, GBPNOZD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your butt.” – Paul Tudor Jones
EURUSD Analysis Welcome back! Here's an analysis of this pair!
**EURUSD - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Bitcoin - Where to next? An inverted H&S pattern? Or a big fall Reached the next specified zone
We are now between two very important levels:
- Level which "should be kept" 39-41k $. Merger of trend D1, maximum range of summer 2021, local minimum of September 2021, H4 200 EMA ,. Obviously, if / when retesting this level, the bulls must protect it to see continued growth and an uptrend D1.
- The "must break" level of $45,500-46,500. This was an area of consolidation on the way down and here is the annual opening.
Note: D1 stochrsi is still clearly overbought. It would be ideal to retest $39/41k, reset overbought.
However, it is also important to keep in mind the rise of BTC in September/October 2021. OH got to 60k without any D1 correction. Keep that in mind in case we see something similar.
I will not complicate what was written a few days ago
The levels indicated on the chart for the last few days:
- Local support (LTF) = $43k and H4 trend,
- Resistance = $45,500-46,500,
- Main support (HTF) = 39/41k$
- 39/41k$ if we break through the local support of 43k$.
- $48/50k if resistance breaks.
I wonder if we'll see alto moves like last weekend? 🧐