📚 Welcome to Your Usual Channel, DreamAnalysis! ✨ Today, we’ll be taking a look at one of Ethereum’s layer-2 projects, Optimism (OP), and see when we might consider buying during the bull run. 🛠️ About the Optimism (OP) Project : Optimism is a Layer 2 solution for the Ethereum network, designed to improve scalability and reduce transaction costs using...
Gold price is moving along an Intraday Double Top and has found momentum on a head 'n' shoulders pattern on a low timeframe. Idea is to buy at market- current price up until 2590. Stop-loss 2579.90
Gold was strong today Monday up until the London session started when value at its very high price was questioned. I got Short up at about 2588 and I am still in the trade as I see this as a retrace.
It looks overbought to me across all of the intraday timeframes. This is a tight stop loss. Just above the new high. Risk 0.25% Total Capital as its higher risk but potentially big RR Sell XAU GBP 1960 to 1962 SL: 1966.10
I recently had a discussion on X, with regard to the Forecasting ability of High Yield Spreads. I was making the claim they do possess Leading Indicator qualities, while a gentleman took the other side of this debate. To illustrate my views, I've put together a chart of FedFunds Rate, Unemployment Rate, and said High Yield Spreads. This chart shows the last...
A lot of buying demand going into EUR / JPY right now. About to make an explosive move through the neckline (W/Bottoms) on multiple timeframes. Plenty of momentum with this one!
Hi guys, I have done all the heavy-lifting & planning for you on this one. It may be as simple as hitting the 'sell-button'. It's a Daily-chart pattern which will hold more weight, Price has almost retraced to the neck-line, Hop to it, take a look, Thanks for reading.
Market Context: Current Trend: The overall market trend is bullish. Focus: This analysis focuses on a counter-trend setup. Setup Breakdown: Support Area: A multi-tested support level has been identified around 2,526.8. This level has been tested four times, indicating potential selling opportunities for the upcoming week. The...
This is the Daily chart for the Chinese Yuan & Japanese Yen. You can see following along the trend line how strong the Yuan was until a month or two ago - when it sharply sold off - 50 EMA diving under the 200 EMA creating a 'death-cross' which can signal a trend change. Even the last couple of Daily candles resumed this weakness down. So, I see the Yuan...
Based on technical analysis of the candlestick charts, I believe that BTCUSDT is in a range period, where it's continued to fluctuate around 56-62K for weeks. It's accumulating liquidity to produce a large breakout move. The key to mastering this move is watching and waiting to see big volume candles either breaking out of support or resistance, then tailoring...
BTC Scalp Limit Long Entry: Entry 1: $63,300 Entry 2: $61,264 Stop Loss: Below Previous Monthly Low (PML) at $59,132 Take Profit: $71,398 Risk: 1% of total capital Ensure to manage risk and monitor the trade closely. #BTC #Trading
24-01-24 AUDUSD Long Entry on 4H Chart Entry Price: 0.65700 Stop Loss Price : 0.65300 / 40 Pips Take Profit: 0.66300 / 60 Pips Risk To Reward : 1 for 1.5 Trade Grade: b + CONS: - Momentum more bearish + upside down v-shape (price usually likes to continued in the 2nd leg) of the V) PROS: - The price levels have made a solid support zone - Could be lots of...
AUDUSD: Daily Long Signal - 24-01-18 Tagged In on 24-01-23 Entry Price: 0.65700 Take Profit: 0.66780 125 PIP gain Stop Loss: 0.65100 50 PIP Stop Loss Risk To Reward: 1 % For a 2.0 % Return -Placed Pending order and tag into the trade Trade Management - Steps if you taken the trade A. Place Take Profit at * 0.66555 * Risk To Reward is 1 % for 1.5% B....
Winning Signal Results of Trade Idea Long Signal Trade Jan 17th 2024 Results A.1 Set-up On the 4h chart Entry Price: 1.26350 Stop Loss: 1.25850 Take Profit: 1.27200 General Take Profit Trade Management Called 1:2 Risk to Reward on Jan 17th Hit Take Profit: Jan 23rd 2024
Update Jan 23rd #1 Short Playbook 4H C.3 No Huge Fundamental News Trade Data: Entry Entry Price: 1.08842 Exit Take Profit: 1.08162 or 68 Pips Stop Loss: 1.09242 or 40 Pips Trade Management Step 1: Reduce Risk Once a old low was broken I moved my stop loss to follow the trend. Reduced Price: 1.09192 Pips : 5 PIPS Percentage Reduced: 0.05 Open Risk On...
Trade 1 Short Playbook 4H C.3 -I am in the trade short on a regulated broker (CMC Markets) - Lot size is 0.01 lots until I am consistently profitable. - My Entry prices are the same as below. - I have a take profit in place but I will reduced risk if the market structure present with breaking new lows on the Lower Time Frame - Grade of trade : c+ (with reading...
Trade 1 Short Playbook 4H C.3 Trade Idea 2 1. Price Has hit my area of value. I currently see no downward momentum. The fundamental news are also bullish. CPI: Positive 2. I will wait for a confirmation liquidity model to present on a lower time frame before placing a short trade. 3. If that happens I will place my trade with a decent size stop loss. 4. If price...
AUDUSD: Daily Long Signal - 24-01-18 Set-up: 4H A.1 Entry Price: 0.65700 Take Profit: 0.66780 125 PIP gain Stop Loss: 0.65100 50 PIP Stop Loss Risk To Reward: 1 % For a 2.45 % Return Could use a dynamic stop loss and take profit but that's my own personal strategy. I Also could scale in with my trade plan as well. Once All risk is off the table