yfi swing. monthly pivotyfi monthly pivot coming. pretty high up. usually gets tested. tight stops or ladder for swing
Pivot
UNI monthly pivot retrace swing scalp upbear in mind there is still a day or two for that coming pivot to change. if it keeps going down so will the coming pivot
bear in mind... that these alt pivot swings upward. are contradictory to a bitcoin pivot downward.
so with that in mind. the question is. after the monthly close. does btc play some upside maybe to new monthly H3 while alts hit their pivots. or does btc head straight for its new monthly pivot as alts all hit their new monthly L3s or lower and then they swing upward.
both scenarios possible
BTCUSD | Will $13 000 level withstand?Bitcoin made rapid growth impulse to a new local ATH $13 863 yesterday morning. However the rest part of the day was quite negative as to cryptocurrency so as to stock market. The closure of the trading day brought the worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth.
Today Bitcoin has rapidly penetrated broadening wedge and felt into the ascending parallel channel which it followed the whole last week. We mentioned this event in the last update to BTCUSD trading analytics which finished with 2/2 swing trades completed.
Currently Bitcoin has touched the channel and pulled back while the S&P 500, the Dow Jones, and the Nasdaq continue to plunge. We forecast the following price action may occur further. You can see forecasted bars at the chart.
In case forecast performs accurately, Bitcoin should retrace to $12 910 level where a local pivot will be formed so we set a buy order at this point. The pivot is confirmed once price crosses $13 100 until this moment we will keep a tight stop loss below pivots bottom which should be located at $12 840
USDJPY DAILY TIMEFRAMEHello traders, Here is the full analysis for this pair... pairs in the box of range and I think we have a short move to static support . *Support this idea with a Like or Comments if you find it useful* ... Thank you
Salesforce.com - Potential Bullish PivotHey Traders!
Salesforce.com NYSE:CRM has been on my radar today and according to my studies... CRM is giving off a strong bullish signal according to where the price is relative to the Bollinger bands and Keltner channel. I drew a few dots on the chart above to highlight the areas of interest so you can see what I look at. The Cyan dot is just to locate the price when it is between the lower Bollinger bands and Keltner channel, this is the area where I start paying attention for a bullish trade setup. The Magenta dots are for when the price is between the upper Bollinger bands and Keltner Channel bands and is when I start looking for a bearish trade setup. I use the white dot as an entry signal as price has come back within the Keltner channel. White dots following the cyan dots are bullish entry signals, whereas white dots following magenta dots are bearish entry signals. The entry signals are what I consider to be pivot points where the stock may begin to change direction.
However, this strategy does generate false positive signals from time to time. As an attempt to avoid false entry signals, I take into account the trend of the stock. The stock has been trending upward the last 90 days with a net change of +33% (based on closing price 06/19/2020). Therefore, based on the indicators and trend, my assumption is that CRM could move higher. Ideally, I would like to see CRM reach $260 per share within the next 14 trading days... but who knows what could happen.
Keep in mind: The days surrounding the outcome of the U.S. election, market fluctuations, and unexpected news events can send CRM in an unfavorable direction. This idea is not a call to action, nor should it be considered investment or trading advice. The ideas expressed on our TradingView page are for educational and entertainment purposes only.
Leave us a comment below! - Are you bullish or bearish on Salesforce.com?
BTCUSD DAILY TIMEFRAMEHello traders, here is the full analysis for this pair... pairs in the uptrend channel and I think its gonna touch dynamic resistance and then a short opportunity to static support for this pair. *Support this idea with a Like or Comments if you find it useful* ... Thank you
AUDNZD oversoldOversold conditions are optimal, with a probability of reversing
Wait for a confirmation at least one candle above the broken trendline.
Same trading tactics.
#EWT bounce soontrading inside a falling wedge & close to S2 support on Pivot points, also we have bullish divs in the making, waiting on daily close but once we break resistance trendline should see good move
GBPJPY: Analysis *Daily POV*I made a post about the head and shoulder earlier last week and price rose as I expected. Price has hit a pivot point and is now going towards the bears and i think price could reach the black median line in the box below and either keep falling until the blue support level below just below the head of the head and shoulder formation or rise from the median making a new high for the month.
RidetheMacro|USDJPY Market Analysis Ready to Break the Limits!Pair Analysis Based on Fundamentals and Price Action.
With Risk Management You Will Never Loss.
For USDJPY long view Please Check the Link below.
Until the Next time.
RideTheMacro
btc short swing / hedgebtc facing weekly resistance for camarilla. and monthly pivot. just below 200ema 4hour. and soon H4 prints TD9 SELL
YFI. LONG SWING YFIafter weekly close or around then... this new weekly pivot will be there and likely get hit. it has the last couple weeks. and is especially oversold from this levels. using camarilla + CPR + magnetic trade logic
EURJPY Preparing for next week !The most important range for EURJPY was
formed in September, based on Fibonacci
retracement and monthly important pivot
levels are 122.39, 123.20, 123.47 and 124.24.
123.20 is icrucial to choose the right range
between 124.24-123.24 and 123.24-122.39.
You can use this information to make right
decisions for next week.
The pattern triangle with T1 and T2 also will
help you, usually formation of this pattern
(on H1) is showing the trend for next several
days
SXP weekly pivot test. Short swingmake sure to take profit. because after it monthly closes the price comes right back up here
YFII Long swing. pivot test.based on camarilla and CPR methods. I know it is a new coin so take it with a grain of salt. tight stops manage risk. it relies on alt market turning up
YFI Long swing. Untested Pivotcamarilla and CPR. weekly pivot far and untested. I know its a new coin. so take it with a grain of salt and manage risk
USDCHFHello traders, Here is the full analysis for this pair. I think we have a correction and long opportunity until next week. *Support this idea with a Like or Comments if you find it useful* ... Thank you
ZRX long. swing and pivot test. camarilla + CPR. this one is secretly getting bullish despite its looks. it actually doesn't have much resistance here. The cloud is flipping to green above. The price + RSI starts making high lows very quietly. and its weekly and monthly pivot both are untested which usually doesn't remain that way
xrp long. tight stopnarrow range. could break upwards. tight stop with decent upside potential. worth mentioning
