Get started

Longtermtrading

Clean 4Hour analysis GBPAUDI was scalping lately, as volatility was available. Trends are looking more like they are ready to continue their original directions. I'm going to be entering for more long-term holds, as I'd like to go on vacation & relax soon. Perfect timing, as there's no need to day trade if the trends are there to just ride... Going to go through the list of pairs I'm watching or already in. Decided to do cleaner analysis's, using the 4H & 1H charts. Divergences are noted. Be on the lookout for Reversal signals, as we retest tops & bottoms. My moving average is 369...because Tesla said so lol!...you know, harmonics or whatever. It's just there to guide me on short term pullbacks. I could really trade without it & the On Balance Volume. It's there for anyone needing confirmation. Using The Bollinger Band in my previous analysis was doing the same thing, as it guided me on the 1H at support areas to re-enter the trend continuation (Again, my settings are .382 & I enter when 5 bars close & price passes above the high of all 5. This is a strategy I learned from Seven Primo). I'm also keeping track of Daily & Weekly Supply & Demand Zones, watching closely for double tops when we enter. Red or Green indicates trend direction. If trend changes or I take profits, I'll update.
Long
by BillionaireTomBoi
Buy your Lambo from this one trade...USDJPY!!Weekly & 4Hour time frame analysis. USDJPY has just retested the upper downtrendline & failed. The profit zone is marked in purple. The divergence signals a regular bullish divergence so that profit area could turn into a demand zone, pushing the pair to new highs. If price retests & fails the upper (weekly) trendline after hitting the profit zone, USDJPY should make a new low. This is a weekly entry meaning It will more than likely take a year to complete. Add on pullbacks & invest every paycheck you get, you'll be driving a Lambo in not time ;) STOP LOSS is above the most recent high. If price gets above, I'll reverse & trade to new highs.
Short
by BillionaireTomBoi
1
Long Term View | Before & Post Halving | Entry Levels4 HOUR ANALYSIS Price consolidation failed to form bearish momentum within our ascending and descending trendlines forming a wedge as seen on my previous posts. The price broke out of the minor resistance of 6000, and went up going to 6500 where we had our short entry placed. Fundamentally speaking, Friday started off with positive economic news, which ultimately spiked the price higher on Bitcoin reaching furthest points of the resistance area around 6900. Buying volume remains very low at the moment and the situation with COVID-19, stock market, oil, etc. is still looking very weak. We saw Bitcoin form significant correlation with the S&P index recently, and any positive signs of the indexes performing well, will keep boosting the Bitcoins price higher. Whereas negative signs, will keep boosting the price lower. Indeed, Bitcoin is going to end up being a hedge against the economy in general, but for that we need more stability to form up and the volatility to take a chill pill. With that being said, let's take a look at the higher time frame technicals: DAILY ANALYSIS Bitcoin managed to come up to the 6500 resistance area, but failed to hold it and formed further upside momentum to 6900. BUT, despite going up all the way up there, we still remain in the resistance zone. Frankly speaking, a clear break out of 7000 would trigger bullish view points but in the meantime we are still circulating at the zone of confluence within this resistance (6500-6900), which can be seen more clearly looking at the daily time frames. Personally, I have placed another short entry at 6850. WEEKLY ANALYSIS Going into the weekly analysis, we can see quite an important ascending trendline formed, where the past 2 weekly candles seemed to have closed above it with the wicks just below it. This doesn't exactly confirm our bearish breakout yet so the following few weeks to come are very important to look out for. In other words, we need to see a clear breakout of this ascending trendline on the weekly chart in order to have a clear bearish sentiment. MINING SITUATION: I am still waiting for the mining difficulty to be updated (which should be coming up within the next 4 days), but I can tell you that it wont be looking too strong with the overall hash rate dropping significantly. This is showing that bitcoin miners are pausing their operations for the moment, as the electricity fees are causing them higher overall expenses than the profits generated on mining (unless you are one of those lucky bastards with $0.01 electricity costs per Kw/h). This generally pushes the Bitcoins price lower but this isn't the major fundamental factor that is driving the markets now as previously stated. We saw Bitmain announce it's new retail mining units that are capable of generating over 100TH/s, and once they are put out in action, we will see a significant recovery for the Bitcoin mining world. HALVING AROUND THE CORNER Bitcoin halving is going to occur in May. Previously, we saw this as a long term positive effect on Bitcoins price action. This doesn't happen right away though and we can see the situation play out differently this year due to Coronavirus. I won't go too much into detail on this point. You can view my previous post on Bitcoin Halving if you are looking to get more detailed information. CONCLUSION I am still bearish on Bitcoin with the negative fundamental situation happening around the world and placed my short entry at 6850 which was already triggered and is in profits. I am expecting to see further downside over the weekend, and we should see Monday opening up with huge gaps on all asset classes (including Bitcoin futures on the CME exchange), which can also be taken as an indication for further price action. I will keep the post updated if anything comes up or changes! *This is NOT a financial advice, trade at your own risk! Thanks for taking the time to read this, leave a like if you found this useful!
BITMEX:BTCUSD.PShort
by Proszi
CLM0 3 Day Chart: Long-term Buy Oil opened the week with a massive gap of more than 30%; a clear selling climax move. At this point, most of the selling was absorbed by institutionals and I do not see the selling continuing for much lower. Oil has already regained 20% since the low was printed early in the morning hours. A great opportunity for long-term buy entries. Mind the risk though - have at least a $6k risk buffer per contract here. Depending on the exclusion of the "lower for longer" approach here by the oil giants, we could see a mean-reversion to the $50 area rather quickly - by H2 2020. Around $50, a decent profit of under $20k per contract expected.
NYMEX:CLM2020Long
by Zoen_Trieste
AUD/USD Hello Guys ! I have an other interesting idea for you ! So this pair is approching the 2008 crisys level. As you can see on the chart, after hit a certin price, the pair rejected, we have a strong support on that level. I want to enter in this trade on the price of 0.5900, it could go to 0.5800 but i'm very sure that it will be rejected. After that I'm in this long trade till hit my long term price 0.6765. For those who want some short term TP's : 0.6178 My SL is at 0.5500. Thank you for your time ! Have a nice day !
Long
by Andrei_C
Dash Long Term low Risk Trade PlanSetup is pretty smooth and easy to do Green circle shows where i can enter the trade. I'm planning 2 entries in it. ( $77 and $57) Stop Below the ATL I may compound on the way up, if that happens It is not suitable to risk lower than R and risking more than 5R, I have to make an exception because while market retracing i need as much as cash i could spare. I have too much altcoin trades/waiting orders so my rules says do not overexposure myself is a must and its not negotiable! I can risk .75 R for 4-5 trades if i wont close/take profit with my current trades. Since shitcoins has too much to offer i'm ok with low risk/reward. ..................................... The Color Map of The Chart Red = (M)onthly Yellow = (w)eekly White = (D)aily Green = 4H Blue = 1H Rainbows = Mins .....................................
KRAKEN:DASHUSDLong
by badmilkshake
GBPUSD Cable Long Term TradeI am looking at the potential for a long term buy & hold on GBPUSD. There is a nice daily wedge pattern forming with price being supported by a lower bullish trendline and the daily 50EMA. Multiple daily wick rejections are forming at this current zone and I think we could see a push upwards and break of the upper wedge trendline. Risky entry = buy now and anticipate the break of the wedge. Low risk entry = Wait for the wedge trendline to break first. TP1 = Previous resistance at 1.35 Long term profit target = weekly/monthly resistance at 1.43500
Long
by UnknownUnicorn772665
2
Netflix Long Term IdeaGood evening ladies and gents, I have had this pattern drawn out since early-mid July and I believe I even posted it a month or two ago as well. But reposting it once again to give an update. This idea remains a very real possibility but it could take months to even a year or so before reaching the pcz of the bullish Bat. The Pc(Zone) would be between $119 and $138. It would be badass to look at this post a year and a half from now and see it hit the pcz and start playing out. Just an idea for now. Join our Free Telegram Channel: t.me We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019. Subscription prices are $99 a month, $499 for 6 months and $999 for a year. We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups along with education." Don't let the prices scare you, we give TA free too! But the most benefits are in the Elite Channel. 50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else. Feeling generous and wanting to show us love and support? Donation addresses are listed below $Usdc: 0xe3b95b4575d6456D090ac24Ad4DC8D46C9c97b2C $Bitcoin: 3Jg9ng234aJdgz3zzt3iCyeb124eAmKs5N $Ethereum: 0xd251Cc3b78e92191B5dEC4E0D2f2acDCa5B33599 $Litecoin: MRHupJeTegPM2a8AJewC3B1oqq7Mpjr1MK $Xrp: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg Tag: 2183371567 $Bat: 0x9b95E0Bd4556dbb0b407B32f43B923607b896F48 $ChainLink: 0x559d92B08D72Fe20B0aF063ebE59ead6612c2b00 $Dash: Xq5kCnMknHrknC2ipw1JGuRcdbDtbTSqWU $Beam: 553e2b176e611674559f92b8fa10f5d129bd80acd14fb5f8d6e387ab4f0b281144 $XMR: 4DSQMNzzq46N1z2pZWAVdeA6JvUL9TCB2bnBiA3ZzoqEdYJnMydt5akCa3vtmapeDsbVKGPFdNkzqTcJS8M8oyK7WGj2kh3ajCzSUSAQTr
NASDAQ:NFLX
by ChArtWorks_TechnicalArts
Is This a Coincidence?Bitcoin, if you still remember my yesterday's post about bitcoin, this is once again coming through and yesterday's candle has the alignment with our yesterday's analysis. The price is coming very close with the golden pocket zone around the $7000 region. And I really think the dead cat bounce will occur at this area when the price reach the current support level. But, the REAL key support will be around the 78.6 fib retracement levels which is becoming the last fibonacci levels of confluence. Looking at the 78.6 fib level, which is becoming the key support, we must see and extend the price action that occur at this rate of support. we have known that the price is having confluence with the previous key and critical bounce in the market. It has the confluence with the broken resistance on October 2017 and with the broken support at November 2018. Just like what we know, the first resistance is the first time the price start the up trend rally on 2017 and the second confluence, is the first time the levels confirm the down trend back at 2018. Is that a coincidence? There is no way such as coincidence in the market. If we see this from the psychological factor, Current period will be a good period for bitcoin to show the world and the stakeholders that bitcoin is worth to be aligned with another safe haven instrument. Beside, the adoption that happen recently, this will be a good consolidation phase for bitcoin. I don't see current potential down trend as the "real" down trend, I see it more like a good consolidation during the huge up trend upcoming. I don't care if the price may touch the $6000, $5000 or even $2000. As long as it has the adoption of the blockchain, I will keep doing the dollar cost averaging. Because Blockchain will become the future of all financial aspects in this world.
BITFINEX:BTCUSDEducation
by julio24albert
3
DJIA Long Cycle: In Fifth of Fifth Primary EWChart says all; a few salients: Long Trend: The entire movement of late 90's up to 2009 was a giant Zig-Zag correction of the 90's Bull Market. The 2000 dot-com bubble burst provoked a mighty B wave lasting several years, that ultimately culminated in the 2008/09 crash, when prices fell below 2000 levels in a great 'h'. The current cycle began 09 March 2009 with the initiation of a long string of Minor and Intermediate EWs, interspersed with ABC corrections and more recently, another great zig-zag that began in Feb 2018. This pattern is not yet complete; we are enjoying a 3-Drives end game run to ATH, now in the second Drive. A minor ABC in November to test lower TL of wedge should provoke the final Drive to the Top, culminating in Jan 2020 where the long TL intersects the rising wedge from 2018. In near-term: We have Bearish divergence between indexes now even as go-go stocks eke out new marginal ATHs, most of the market is already declining; breadth is poor and volume quite low, on Monday 28 Oct volume of 1.5k m shares was half normal and the VIX actually increased on a new ATH for SPX; NQ Composite got within four pips of it's ATH, but DOW is still over 300 off its high, and RUT never got close. DJT transports were actually negative, a leading indicator for the broader market, which may have a small incremental gain left, or perhaps not. There are not a lot of buyers up at these stratospheric prices! Certainly no accumulation is taking place here. Outlook: Uncertainty in Feb/Mar 2020 of an election year with an impeachment ongoing and the disappointment that a finalized bona fide deal with China is years away, if ever, coupled with Fed decision to hold rates to 2% inflation, no more or less, and weak ERs from a sluggish economy will certainly weigh on global financial markets and likely create a rather Bearish mood. Distribution will be protracted and furious. Concluding Projection: The completion of a Primary ten-year cycle in Jan or Feb 2020 will likely usher in a new Bear market. A Correction of 20-30% is both possible and likely. The Megaphone projects Dow ~20K by mid-2020 to complete the zig-zag pattern, a 7K pip selloff > 26%. As elections near, uncertainty will pass after Nov 2020 and the next Bull cycle might begin in 2021, if the Bear lasts only nine months. A three-year Bear would be a tough trading environment, everyone gets killed from constant whipsawing volatility. If we get a 1929-style correction then a long grinding Bear with persistent erosion of value is quite possible. A Warren administration would be the death knell! This is just another observation and does not constitute trading advice; seek that from a qualified advisor please, and trade at your own risk! GLTA!
DJ:DJIShort
by DaddySawbucks
4
Buy AUDCHF Long term trade.I plan to split position in 3 entry ( with small lot ) #1 Buy now at mkp buy limit #2 0.66457 #3 0.65758 S/L red line around 200 pips T/P open This is Long term trade. ( swap positive ) This Idea I will not update .I use for recording only and will check again after loss / gain 120 pips. PS: If you see in monthly chart will see Lowest value around red line. so It is interesting to use gird system to eat cashflow pips every 40 pips per zone ( ADR(10) around 45 pips) so I have another account to set another strategy with this. I use grid system and split in zone around 40 pips in buy entry only without stoploss and plan money to support hugh drawndown. if not pls don't trade , This is only idea trade in my strategy with preparation money for support drawndown. if trade and don't want to wait pls set Stoploss with yr risk.
Long
by theoris
1
Bullish Butterfly on the EURJPYA very longterm bullish butterfly is complete on the EURJPY daily chart. The Potential Reversal Zone is mentioned clearly on the chart. The price tested the zone and reversed at the end of last week. Unfortunately, couldn't open any position as I was busy moving houses. However, if the price tests the PRZ again, will be opening a long position. Exactly 3 years ago, in Sep-Oct 2016, the price was in the same area. It played out like this ... So, the opportunity is huuuuuge... But will only open if the price is back to 116.48. All the Best... Make a good decision and earn loads of PIPS...
Long
by primalkarma
NZDUSD - Upside potential cooking?We are at very interesting levels when it comes to this pair. We are currently retesting the 2015 lows and a good chance to go long – long term. From a technical perspective it looks like quite the appealing trade with substantial support. From a fundamental standpoint though, the Kiwi could find some relief based on dollar weakness and a resolution of the trade war which seems to have no end in sight yet. But with elections coming up next year, trump is feeling the pressure of having to get something tangible for the campaign and with his unsuccessful jabs at the feds, he may just do something unexpected.
Long
by TazTrades