Zil/USDT Long📈 5min scalpN.B. These lines and levels are for 15min chart only
All conditions met
High risk: Very High rewards
P. S. THIS IS NOT A FINANCIAL ADVICE
IT'S LIKE A TRADING JOURNAL TO ME
Multitimeframeanalysis
SPY 2022.08.25 market set to gap up open.A higher high on the 5 minute time frame. Looking at potential confluence of declining 5DMA and S/R line as an area of interest for a turn back down OR confirmation of up trend. Also looking at vwap areas of potential support to for the daily time frame pull back. My intraday levels of interest are in the video.
AUDNZD DOUBLE TOP Pair: AUDNZD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance
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Key Takeaway: Seen alot of resistance against trend line and a double top form on the 1H chart, once we see a good amount of bearish momentum we will be looking for short entry
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Level needed: need a close by 1.11460
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Trade: Short
RISK:REWARD 1:13
SL: 10
TP: 130
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Head & Shoulders Pattern Formed on GBP/USD !! #ShortHead & Shoulders Pattern on GBP/USD !!
The Head & Shoulder Pattern seemed to have formed on 4 Hour, I will wait for
Retest of Neck-Line before Shorting GBP/USD .The Risk to Return ratio is 1:3. It can be a really good trade if executed correctly.
Target is chosen by Measuring the Distance between Neck-line and the Head , further the same distance is then used after Break of Neck-line to establish correct Target area.
Stop loss is set where the Price is least likely to get hit hence the 1:3 RR.
note: Do your own analysis before taking the trade.
Analysis based on;
1, Price Action
2, Chart Pattern
3, RSI - Overbought/oversold zone
4, Candle-stick Pattern
Time frames used:
1 Hour
4 Hour
US100 bullish structure US100 hold structure and remains bullish, however, it would be great to see some bullish shift on LTF structure as right now it's bearish
SPY 2022.08.22 big gap down openingBig gap down opening in the SPY today. Because price is below the descending 5DMA, and there are a lot of mixed messages - I'm not looking for a long side swing trade. I have intraday long/short areas of interest though. I do see a vwap point of interest as a target for price consolidation and confirmation of continued long side action on the daily time frame, or a signal for reversal to the short side.
SPY 2022.08.18 Possible lower low and lower high intradayLooking at price action on 30 and 15 min timeframes... be careful with long side trades. Possible lower low + lower high formation happening.
5DMA up, 20DMA up, 50DMA up. Levels of interest in video.
XAU/USD: a detailed chart breakdown and the next targetFirstly, taking a look at the WEEKLY timeframe chart, we can clearly observe how the price has reached a key level of resistance that lines up with the upper boundary of the descending channel plotted on the graph. At the same time, the same level aligns with the 0.618 Fibonacci retracement level.
Zooming into lower timeframe charts, we can add extra confluences and identify how the price is forming a nice top around the local zone.
With our Stop Loss level above the freshly formed top and the Target Profit at the zone of support shown on the graph, we look forward to launching SELL positions.
Have an incredible trading week, family!
Short term bullish reversal - JNPRLet's understand multi timeframe analysis for NYSE:JNPR .
Price has forming bullish harmonic shark pattern and has shown strong reversal with very high volume from PRZ(Price Reversal Zone).
Weekly TF -
Price re-tested a strong demand zone in Weekly timeframe. RSI is forming bullish divergence.
Daily TF -
Price re-tested a strong demand zone in Daily timeframe as well. RSI is showing bullish divergence.
45 minutes TF -
Price re-tested a strong demand zone in 45 minutes timeframe as well. RSI is showing bullish divergence. Price is making ascending triangle structure.
Above confluences suggest that price is due for a short term reversal. Long position can be taken upon breakout above triangle resistance or upon re-test after breakout.
