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Monday

Sideways movement then moonThis is my first chart, any feedback will be appreciated (excuse my English, not native language) and a like would be awsome. I think we're going to see sideways movement until Monday (moonday) when weekly MACD confirms the positive cross of their curves. Last year it was not SWELL that drove the prices high, not (also) even weekly MACD alone, but just days before the bottom in some indicators (like MACD) was confirmed, the bottom after the 2017 bull market; unfortunately it had not enough momentum to stabilize the price in the $0.50's, but this time we are full of good news, SWELL is coming and weekly MACD is having a bullish crossover.
BITFINEX:XRPUSDLong
by microdosinkrypto
2
Navigating The Market : Simplifed = Friday/Monday relationshipThis is not a trading strategy nor claiming this concept happens 100% of the time, but this is a repetitive pattern and I personally believe it could help you to navigate the market (particularly if you are an intraday trader) more efficiently. I generally would see this in 1-Hour timeframe but for the sake of being able to show you with more examples in one post, I choose D1 timeframe for this post. When price breaks and close above Friday high on a Monday, more often than not, the price would eventually reverse downwards within 18-24 hours. Vice versa for a close below Friday low (on a Monday) Why I believe this phenomenon is real and tangible is because Friday or Monday normally a day where the Banks (NY session) attempt to clear their books. In order to do this, sometimes they need liquidity to offload their position, they would do stop hunts if there is a need to do so. Hence I've conceptualised this Friday/Monday relationship into my way of analyzing the intraday moves especially on a Mondays. By default, any breakout from the Friday high or low, I would consider it as a stop hunt/fake breakout. Of course, there be a week where a breakout from the Friday started a huge trend that lasts weeks, but that is an outlier. I do not care about outliers, as a trader I will try to profit from what is repetitive, and this concept is very repetitive. This is just one of three "day-to-day relationships" that I have conceptualised to make me reading the market a lot easier. The other two are Mon - Tue/Wed relationship,andTue/Wed to Thu/Fri relationships that I have conceptualised. Tell me what you all think,
Education
by sufiansaid
US Oil: Week 11 Kick OffHi Guys, Last week US Oil broke higher above the latest Trump's tweet with a run started on Wednesday. Price consolidated above Trump's tweet level with a triple bottom support throughout Thu, Fri and this morning before resuming the run pushed by the 90SMA. TO NOTE: RSI spiked briefly above 70 but lower than previous highs. Price instead kept going higher. IMHO bullish momentum may push up to 60 if sentiment picks up above 70 again shortly. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:USOIL
by cozzamara
USDCHF: Falling Down Another TimeHey guys, how is you Monday going ? I just spotted a nice short setup on USDCHF in the 4h timeframe. You can clearly see how price retested the resistance zone (marked in grey) and formed a divergence right there. After 3 waves of rise from the last lowest low, we expect price to break the upside trend line and correct to at least the 0.5 fibonacci level. We entered a short earlier this day but like most Mondays the price did not really move for now. Lets crush this week again.
Short
by darian_fx
DXY Dollar Index Next Trade Point Monday: Buy Dip back to 95.53 DXY Dollar Index The dollar broke above the 95.53 line on Friday on DXY chart and surged to within 4 pips of the next line at 96.49 by the end of the day before halting. It's a little overbought and should come off from here back to retest the 95.53 line before rallying once again. At some point fairly soon it should go on to break above the 96.49 line and move up to the next line of resistance at 97.83. This chart is usually the best confirming indicator there is for timing tops and bottoms across the Dollar pairs.
TVC:DXYLong
by sumastardon
3
BTCUSD: Bitcoin Monday Trade PointsBTCUSD: Bitcoin Monday Trade Points Bitcoin is still negative, dropping in stages and slowly breaking bull hearts and messing with bear heads as it does so. Once it broke the lower parallel here on Coinbase it was expected to fall away to the 7162 line before bouncing again towards 7200 before falling away again. Overnight it came back to a low of 7167 before the bounce back to 7200 after a counter-rally high at 7246. It's so slow still. Unless still short from higher up we now need to see a move below 7162 line to trigger the next short back to the 6615-6517 range. It should then start to fall away in stages to 6955, then 6849 and finally to the target at 6615-6517 range. Right now have no real interest in upside potential yet - but stops on remaining shorts need to be left above 7252 for now. More as the move develops - which may be slow - but is still coming by the look of the chart at this point.
COINBASE:BTCUSDShort
by sumastardon
7
BTCUSD: Bitcoin Monday Morning FeelingBitcoin Monday Morning Feeling Bitcoin finally gave up the weekend rally with a little double top at 8399 before falling away overnight to a low at 8005 at 06:00 gmt/01:00est A break below 8000 was needed to trigger the next short from here. Since then it's made a little counter-rally but looks vulnerable again once it fails and the small rising dynamic underpinning the rally today gives way. Should fall back to 8000 when this gives way and once 7962 gives way should begin to pick up downside momentum. A short when 8070 breaks with stop above 8115 and add or more aggressive short once 7950 gives way with stops 70 or so higher when broken. But until we see the little rising dynamic broken below Bitcoin will attempt to push higher in nearterm and cannot be shorted yet.
COINBASE:BTCUSD
by sumastardon
4
Bitcoin: BTCUSD Monday Trade Points. Bitcoin Update Monday Trade Points Still messing with heads as it makes a 4th and likely final wave up before it falls away again. Once it breaks below the lower parallel of the continuation pattern it's now tracking within it should begin to fall away faster and can be shorted again from there with stops above the line when broken. Unlikely to trade much higher than 7080-7100 range on Coinbase before it falls away again. The overall pattern, despite the rally attempt, is still bearish so far. Beyond this little rally underway now it will have to move above 7100 and hold to flip back to positive again in near term - that would be a surprise - but we still need to be ready for it in case - in which case it will start flipping stops again and can rally fast to 7316 at highest before it comes off again.
COINBASE:BTCUSD
by sumastardon
3
Bitcoin BTCUSD Next Buy Points for MondayBitcoin Monday Update Next Buy Points on Monday Those that ran a trailing stop 50 or so points under the little dynamic supporting the lows of the day yesterday will have been stopped out around 11500 for 400 or so points profit. 4% returns on a slow Sunday is not bad but it was a hard grind battling against the bots. Bitcoin has encountered upside problems all night long, unable to push above the rising parallel which it lost yesterday morning and has struggled beneath it ever since. It topped out at around 04 est /23est and has since started to form yet another small continuation pattern below the same old parallel. Once again Bitcoin is trying to form yet another a bull flag now. To stay good from here it has to hold up off the lower little parallel of the flag formation and start to rally from here again - this is a speccy buy off the lower parallel with stops under the same parallel for a small loss if wrong. Otherwise we wait for the upper parallel to be broken on the upside to follow long again or add. We know this process can be mercifully quick if the flag is to stay good from here - and if not and no buyers appear soon to take the price back up it can drag on for hours more yet and start forming a longer-lasting continuation pattern as yesterday. And as yesterday, and most days recently, we need to stay patient, but ready to act when the signal we are waiting for is given to do so. Downside is being constrained by the lower parallel of the embryonic flag formation - Bitcoin would have to break below this line to turn negative again from here - so cannot be shorted unless we see this parallel fail from here.
COINBASE:BTCUSDLong
by sumastardon
24