EURCAD possible scenarios EURCAD 2 possible scenarios in my opinion:
So the price is about to reach important zone of S/R and there are 2 options:
1. If we see a reaction from this level: small range, consolidation, wicks, etc. ... I will look for longs with nice RR.
2. A strong closure under the support suggests a bearish move, so I will make entry on the pullback.
IF price makes some weird shit, which is far from what I expect, I will stay away from it.
Range
Nasdaq: Short-term bull Long-term rangeWhy market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Refer to the related video link, I explained at greater length. Or you can always visit my YouTube channel.
Content:
. Why market is entering into a short-term bullishness? (Fundamental & Technical studies)
. Subsequently the market will enter into a range (Fundamental & Technical studies)
CME Micro Nasdaq Futures
Minimum fluctuation
0.25 = $0.50
1 = $2
10 = $20
100 = $200
1000 = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Bitcoin - next week game planMy game plan going into next week on Bitcoin ($BTC).
Notes on chart - leaning toward at least a sweep of current range low / liquidity to take out a bunch of stops at 22.4k.
Lose current range, prior consolidation area is up next at 20k. From there will continue to evaluate if we come back down to macro lows, but expecting a bounce from either of these 2 specific locations if we are going to push higher at all.
UNLESS 23.5k is reclaimed soon, invalid in that case.
Happy Sunday folks.
CRVUSDT Daily S/R| Psfp| .618 Fibonacci| Equal Highs Evening Traders,
Today’s analysis – CRVUSDT – trading in a consolidation with a clear set of equal highs that are likely to get taken,
Points to consider,
- Price action impulsive
- Daily S/R Support
- .618 Fibaoncci Support
- Equal Highs Objective
CRVUSDT’s immidie price action is trading in a consolidation that will breaking in the coming days.
A breaking down needs to hold at the current area of confluence, that is with, the Daily S/R, Psfp, and the .618 Fibaoncci, allowing for a bullish bias.
The immediate objective is the Equal Highs, exveeding this level will lead to a larger rise
Overall, in my opinion, CRVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember!
“You create your own game in your mind based on your beliefs, intents, perception and rules.”
― Mark Douglas
GBPUSD - LONG - 4h 2h 1h RR3Liquidity grab sellside liquidity on high timeframe 4h, Range low bullish reclaim. Stacked 4h support, 1h support, 4h demand, 1h demand to support flip. MSB 2h and 1h, breakerblock 1h, confirmation by macd in oversold area and crossing from bearish to bullish on the 4h. Volume displaying bullish strenght to the bullish price action.
Smart money concepts.
USDCHF - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for USDCHF.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
SHIBUSDT Local Resistance| Daily S/R| Psfp| Trend Evening Traders,
Today’s analysis – SHIBUSDT- trading at a local resistance area where a pullback will allow for a long,
Points to consider,
- Price action impulsive
- Daily S/R Support
- Range Low Support
- Psfp Objective
SHIBUSDT’s immediate price action is rejection from local resistance, allowing for a pullback into support confluence of a Daily S/R , Psfp and Range Low.
Holding the pullback will mean a potential rotation back towards range high, the overall objective is the Psfp.
Overall, in my opinion, SHIBUSDT is a valid long after a pull back with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work,
And remember,
“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.” -Jesse Livermore
BTC - Fishing Time? 🌊Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on Daily: right chart
BTC is currently sitting in the middle of nowhere! between our 21,000 support and 25,000 resistance.
Sometimes, no action at all, is also an action. 🧘♂️
No Trade, Is Also A Trade!
Especially that the weekend is approaching, is it fishing time?
on H4: left chart
BTC is stuck inside a range again.
🏹 For the bulls to take over, for one more impulse till the 25k resistance zone, we need a break above the red high.
⚔️ For the bears to take over, for a correction till the 21k support zone, we need a break below the orange low.
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Reasons for $HD puts before earningsPrice is unlikely to rise over 340 before earnings on 21 Feb. It may stay under 330. There is plenty of time for swing puts, for price to move back down in range (gray box) 328-280. The purple band shows upper supply zone.
1- 5ema < 12ema < 20sma
2- bearish reversal open
3- long red candle closed below recent rangebound days
4- RSI below 50
5- stochastic %D moving down
RRT Idea for $NGMSReversal Range Trade idea for $NGMS. Looking for a break back into the longer term range after the failed breakdown. Looking for a move upward to ward at least the mid point of the longer range.
Some potential range scalps/Day tradesContrary to my other post price could just come up to the top of the range into the resistance of a 0.886 fib level a monthly s/r and a naked daily point of control. If this can happen with mid timeframes showing momentum divs and money flow continues down price is likely to come back into the value area and down to the low of the range where it could either once again bounce back into the range or continue lower creating a lower low.
BTC Local range scalps If the bitcoin price can retrace down to the golden pocket that is sitting just outside of the value area low of the range and market cipher is showing some mid time frame (20-30min) momentum divergence' with lower timeframes showing money flow coming up toward the 0 line and momentum divergence, then it it likely to bounce back into the value area making it more likely price will get a move up back to the top of the value area where there is a well respected Fibonacci level and price could start to print a very broken down anchor and trigger wave (would look more like an anchor and trigger higher timeframes) that could bring price down for a lower low or obviously it could just continue to range.
CME close as minor S/R levels.Not a great deal of excitement to be had from bitcoin lately. However here's a recurring pattern i have been observing lately since we've been stuck in so many tight ranges. Quite simply the horizontal lines here correspond to recent CME weekly close prices. The whole gap filling thing is well known so i won't go into that but what is more interesting is how many times these lines have provided minor supports and resistances when viewed in shorter time frames. Last week's close level has provided us 6 small bounces since tuesday, perhaps more if we zoom into even lower timeframes from last weekend. This is not an isolated case either.
Obviously this is mainly of interest for scalping while the market is so tightly bound but it's useful to note that some like the 18th and 25th Nov closes lower down have also given us so larger bounces.
To clarify the price i'm using is the actual weekly close from the CME futures regardless of any divergence it has from the spot price at that same time. Initially i was just looking at them for gap fill targets but it seems they continue to be useful even after that. Worth taking the time to explore this while the market is sideways. I expect this idea will become obsolete whenever btc starts to show signs of a trending direction, either up or down. Of course, we may be waiting some for that to happen.
Ericsson: Bullish Bat with MACD Bullish DivergenceWe have a Bullish Bat Visible on the Weekly and Monthly with Weekly MACD Bullish Divergence near the bottom of a Decades Long Range. If we bounce from here to the range top a Partial-Decline will be Confirmed that could likely result in a Breakout to $28.
Ericsson also has a great P/E Ratio to back it up and as a result i have gotten the Jan 19 (413d) 8 C call options that are currently trading at well below a dollar.
Some potential range scalps/Day tradesAs price comes to these levels I would look for either a divergence on the 1 hour or just a trigger wave with the lower time frames showing clear divergences with money flow going in the direction of each trade and the vwap curving towards the 0 line also in the direction of each trade
BTC potentially trading in a previous rangeSomewhere between June and November 2022 bitcoin traded more or less in a range (orange area). Not it entered the range again, hitting and bouncing off the top edge of the range (which is now resistance). It could, therefore, trade again in this range if it cannot break this resistance. If, however, this resistance is broken, then we could see a nice move upwards.