GBP/JPY Short Trap Sell op 4Hr Timeframe
Wait for price to break 145. with a lot of momentum and get in at the top around the 145.500 area.
This should be a fake out and looks like an op to catch the ride down on the trapped traders.
However price is in a strong uptrend and it actually could break 145 and keep going up.
In this case I will look to get in on the second retest of the 145. Key Lvl.
Going to have to let the market come to us on this one.
Will update.
Priceactionstrategy
Bitcoin goes to $42,000 USD support!!! Possible another entry!!!At the moment, we're in profit and with break even in the first and second trade, now there's another thrid trade that it's so interesting to trade Bitcoin from $4,2000 USD to $60,000 USD.
Remember, we're so bullish in BItcoin in this timeframe and it's neccesary a little corrrection to continue bought!!!
BankNifty: Key Support and Resistance Levels [08 Feb 2021]BankNifty in crucial zones
Long Setup: If BankNifty breaks trendline, then look for possible long opportunity.
I will wait for Banknifty to test the trendline or come to blue area once it breaks.
Short Setup: If BankNifty gives break out the blue zone, then you might expect downtrend to continue further.
I will wait for BankNifty to test the trendline or the blue area, and then short it.
*** Look for candlestick rejection patterns for further confirmation
USDJPY Short Entry (Feb 8)CONFLUENCE
Retest of resistance turned support(more evident on 4HR TF)
Strong Bearish push
Long Wicks
Risk
1% per trade
SL placed based on current market structure. Placed slightly below long wick of prev . candle.
Dynamic Stop loss. Stop loss will be removed based on market structure(Breaks of highs + Lows)
Reward
Reward based on market structure.
Psychology
I feel confident of my trade and analysis. I'll come back to update how it went FX:USDJPY
EURUSD Long Entry (FEB 8)CONFLUENCE
Descending Channel(Likely to break to upside
Retest of last high within Ascending Channel
Break of Previous High
Risk
1% per trade
SL placed based on current market structure. Placed slightly below long wick of prev. candle.
Dynamic Stop loss. Stop loss will be removed based on market structure(Breaks of highs + Lows)
Reward
Currently expecting 3% return
Psychology
Currently I feel as if I jumped in to early. I probably should have waited till stong bullish confluence has printed
ThiS it's inminent!!! Bitcoin goes to upTHe only update, it's that Bitcoin it's prepared to go up toward to trying to break up the resistance of $41,000 USD approximately to then, going toward the $50,000 USD, I add another second trade that I bought in the market price, as also in my first trade I use my break even and some earns protected.
This it's the short update for your if you don't put any long position. I have 2 long position in Bitcoin, I have my order protected with break even with some earns in my first trade and my second trade that I add right now, but my first trade my target will be the $60,000 USD and my second trade will be the $50,000 USD
NZD/USD good short idea NZD USD was the most bullish pair of 2020 and broke the main monthly resistance which turned support now.
also market found a very strong resistance area and rejected on monthly time frame and formed a dogi candle stick pattern
now we can expect a retracement to the Fibonacci retracement areas which are mentioned down below
look fir bearish confirmation and enter sell with your own money management
patience with discipline always pays off the best
patience is the key
NZD CHF good short position nzd chf broke the strong resistance which is turned support now and market is going down to retest
look for bearish confirmation and enter sell with your own money management
patience with discipline always pays
patience is the key
Litecoin it's turn bullish!!! I'm continue bought to trade!!!Hello guys, in this special and nice analysis, Litecoin it's turn to going to bullish sentiment soon. At the moment, I add another 15 Litecoin contract to long position toward the $300 USD, my target profit. Now, that mean, I pur a buy order limit at $150 USD, there's a highly possibility that Litecoin going to up in H8 timeframe.
As we break out this bulish rising wedge, in my first trade that was an entry at $134 USD approximately, I'm in profit right now in my tradng app, I use Prime XBT and other app like phemex to trade cryptocurrency.
I see that Litecoin have a good point to entry to continue bought Litecoin and multiply our Bitcoin or satothis to long term until the $300 USD. In my past trade I invest 11 LTC contract and I'm in profit from the $134 USD. Now, I add my second trade to entry around of $150 USD, that it's mu buy order limit with SL at $138 USD and my target wil be the $300 USD. Now, in the first trade, I put break even at $138 USD, and that it's an update for you to protect your first entry in Litecoin.
Noticed that if we re-continue bought Litecoin contract into this bullish trend until the $300 USD. imagine that we can to earn a lot satoshis or Bitcoin. So, personally Litecoin it's show an interesting trend to trade in long positon and following their trend.
Look in 3 Daily chart, Litecoin it's so, but so bullish toward the $300 USD, and for that, I will going to re-continue to keep this position to longe becuase I have a forecast that Litecoin could to hit the $300 USD in medium term. For that, it's my own strategy to accumulate Bitcoin, now I will going to apply the following, each that I put in break even the previously trade, I can to re-buying Litecoin contract to keep this position to longer. We see that Litecoin confirm this Fibonacci level at 0.382% to continue invest in Litecoin and make trade. Personally I make trade.
And if Litecoin closed the Daily candlestick bullish, Litecoin it's could to show an interesting trade toward the $180 USD!!!
Guys, if you're found out interesting this idea to use Litecoin to re-continue buying until the $300 and earn satothis or Bitcoins in your crypto broker, please comment if you going to open up a second trade of Litecoin and protect your first trade with Break Even at $138 USD if you entry in my past trade at $134 USD that I send you my past signal when Litecoin was into this bullish rising wedge. I invite to share my analysis with other traders to get an idea to have a trading plan if you're interestign to trade Litecoin, becuase personally, based in my opinion, Litecoin show an interesting trade to longter and re-continue buying Litecoin contract toward my profit at $300 USD.
I add my 2 past analysis in my link to related ideas if you're interesting to read!!!
USD/SGD Long Position Buy Op
Daily/4Hr
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)
TP 1.35000 (163Pips) 1:4.66 Risk/Reward
Are you prepared for the next movement!!! Bitcoin to the moonIn this analysis, I want to enfocous more in macrotrend analysis and we see with clear perspective that Bitcoin it's follow the trend. At the moment, as my target it's around of $41,600 USD, I will going to large my target toward the $60,000 USD. As we break out this bearish channel, the trend it's so bullish.
Also, looking this date and time range, that I use to measure the percent of any correction and increment, we see that Bitcoin was a under correction of 30% in the past days, now I have a forecast of 75% of increment of the price toward the $60,000 USD soon
Also, noticed that in this timeframe I use a Fibonacci level and we touch the 0.382% of Fibonacci, so that was a good support to bought Bitcoin at near of $33,000 USD. My entry was around of $34,500 USD when Bitcoin in the past days was manipulated in hte same news and I believe in the past that Bitcoin it's going down toward to find below level at $27,000 USD at least, in the 0.618% of Fibonacci as second point to bought Bitcoin. But nope, we touch the 0.382% of Fibonacci and we're going to the moon!!!
Also, I show you my Fibonacci trend that I mark these 5 targets, but my specific target it's the $60,000 USD. that it's could become a high impulse to bulls in the next days. So, also, another indicator it's to check out the Bitcoin dominance if have be the control to the dominance.
And in wekly chart, this it's one of the important chart to take noticed in it.
Guys, if you found out that this idea it's so interesting for other traders, please comment below what do you expect in Bitcoin and some altcoins if you're interestng to comment. Remember, I'm in profit in these altcoins right now: Bitcoin, Litecoin and Cardano. I keep this position for now. I know that Ethereum it's explode, but I don't going to make another 4th entry, the maximum that I can to trade based my trading plan it's 2 to 3 trades, not more.
NZD/JPY Sell opportunity NZD JPY is moving inside a channel in daily time frame and market is at now upper trend line resistance
as we clearly see an uptrend but there is a retracement almost to the 50 moving average and mentioned Fibonacci areas down below
look for bearish confirmation on lower time frames and enter sell with your own money management and never ever forget that patience with discipline always pays
patience is the key
Cardano it's exploding!!! Forecast of 57% up!!!At the moment, ADA it's break out this ascendent triangle and we're ging toward a bullish scenario of $0.61 cents!!! I follow more the Daily chart, it's the best!!!
For Cardano holders, enthusiastic and investor, we going to soon to reach up the mark of $1.40 USD in the next weeks to months!!!
This it's so bullish for Cardano!!!
This it's my altcoin #1 that I'd reccomend for you to invest to long term!!!
Bitcoin it's leading to the $41,600 USD!!! Inminent!!!Today in the morning, in the past around of 16 hours I send you a message in my yesterday Litecoin analysis that I say that Bitcoin it's formed a shoulder head shoulder inverted in H1 timeframe, and then, I entry in the market price to bought again Bitcoin at $34,500 USD approximately to long position.
Now, we see in H8 timeframe that Bitcoin it's leading toward the resistance of $41,600 USD to then, I hope that Bitcoin continue bullish in the next weeks.
This was my long signal in Bitcoin that I get a screenshoot and paste here to share you this. But, I'm more enfocous now in H8 timeframe that soon, the H8 candlestick recent it's going to closed up and we hope that the signal it's be bullish for Bitcoin.
Also, as we learn, we formed in double bottom in Bitcoin in the $31,000 USD, but in this, in the past days Bitcooin up and down in the Elon musk news that bought Bitcoin. and we closed up this day with an doji indecision in hte market and I say that in the past analysis if Bitcoin not support the $34,000 USD, we can to find down short position, but as we see that was a very hard and manipulated and I believe that Bitcoin it's going to make a reversal at $31000 dollars to entry in bought again that I commented in the past analysis, now today I see this probability that Bitcoin it's formed a bullish reversion and I entry in the market. And for that, I send this bullish signal in Litecoin analsyis with the screenshoot. You can to going to the link to related ideas to see more
Now, we break out this bearish channel and we're going to the moon. For that, I put a long position again in the $34,500 USD for this manipulatio that we see in intraday timeframe like H4 that break down the support of $34,000 dollars and going toward the $31,000 USD in the past days and then, we formed this shoulder head shoulder inverted; a bullish reversal trend.
NZD/USD short idea NZD usd got strong supply area ahead and a possible retracement to the down to at least those mentioned areas down below
as we see on weekly and monthly time frame we can see that strong bullish rally ended and a retracement is compulsory
what we really need is patience and more patience with discipline
look for bearish confirmation on lower time frames and enter sell with your own money management
patience is the key
NZD/CAD Sell Opportunity NZD CAD is rejected from the resistance and gearing up to go down to mentioned Fibonacci areas down below
you can see clear break out of trend line resistance and retest of the supply zone
look for bearish confirmation on lower time frame and enter sell with you own money management
patience is the key
This it's my next plan to Ethereum!!! Inminent bullish movementEthereum it's into this consolidation that today, we have another confirmation that Ethereum it's formed an ascendent triangnle in the historic resistanc of $1,400 USD zones and we're in the higher on 2017 when Etherem reach up this mark of $1,400 USD as maximum historic price.
Now, at the moment, the best part it's to wait a confirmatio nto entry to long position above of $1,440 USD. I hope a pull back in this zone with bullish candlestick using the price action to bought Ethereum in the best part. The yesterday analysis of Ethereum I will going to cancelled right now becuase in the past 2 hours approximately I closed up my short position when I see in H4 timeframe a bullish pattern candlestick.
Actually, we fall the bearish rising wedge and was invalided, So, Ethereum make resistance in the support at $1,280 USD and also, following this line that form lower high in this ascendent triangle.
If you're interesting, wait for the best confirmation!!!
This it's my next forecast for Ethereum; bearish rising wedge!!!At the moment, Ethereum it's into this formation of bearish rising wedge in the Daily timeframe. And then, in 45 minutes the Daily candlestick it's end to know this important data for the macrotrend and decided if there's interesting boughts in below of $1,300 USD, maybe $1,070 USD it's good zone to bought Ethereum.
But, this it's my plan if we considered to put a smart long position in Ethereum in the good zones to bought more cheap!!! or invest more in Ethereum
Guys, if you like my analysis to have a perspective in the crypto-market, enfocous more in Ethereum, comment in the commentbox my idea and what it's your plan in Ethereum if we have any massive sell toward the $1,070 USD.