Scalp
volume profile tell me REN will shortvolume profile is the best technical strategy for scalping and now tell us ren want to short
BTCUDT scalp - Prepare to shortBtc is obviously in a down trend in daily timeframe.
The static and dynamic resistances on the chart make us to be prepared for a possible short position with a remarkable risk/reward ratio.
Be careful; only short on the rejection from the indicated resistances, and also consider the stochastic indicator.
Good luck,
Median Eagle.
Short term bullish targets / sell orders (BTC) $45.8k - $46.4kHello traders,
Sell orders I’m looking to possibly get filled:
1) $45,850
2) $46,400
Sometimes when things look like they'll go back to your entry it's okay to take profits (or 90%) and look for an even better entry on the initial position taken.
If we lose $45,830 I'll add to shorts, either way profits are profits.
Never get greedy.
0 emotions.
"Plan your trade and trade your plan"
We can have a short term movement up and then still have a bearish daily close.
Stay safe.
👍
AUDIO near breakout or another retest?Audio is just under the previous rejection level. We could see a breakout soon, but also we should keep in mind that RSI is high already and that volume is falling, so there is a real chance that before breakout we could see some kind of pullback, could be as low as the previous support level... Traders who entered this based on my previous chart are no about 32% in profit. Keep an eye on this, could be easy trade...
Bearish Scalp trade idea ($38,222) overbought (BTC)Hello traders,
I've closed my long position from low $38,000's and have opened a short and will add size if we pump to my previous target of $40,700. If not I'm ready for a dump. Happy we finally got the relief pump, was waiting a few days for it and when the pump came it happened fast.
All momentum oscillators up to the daily are overbought, will wait for a retest of the breakout.
I've been working 24/7 at my day job so haven't been around charts or on ByBit today. See you all tomorrow, will post an update if anything crazy happens.
Stay safe!
Please do me favor and leave a like/comment to show support 👍
Tripple Threat shorts on oil going downLooking for break and retests - short into the purple zone. Then back to buys possibly
Best seen on the 1 hour. entries on the 5 and 15 min TF
open 2 positions at entries 2.5% 1:1 and 2.5% doen to purple zone buy target. Break even second trade when first one hits. Manny-Q style
Bitcoin Breaking Out Again??The market that never sleeps is moving yet again rapidly as we see Bitcoin on the hourly timeframe climbing above a key level of resistance now potentially flipped support at $39658.
If $39658 holds as support then we would most likely see BTC squaring up for a targeted retest of $40555 before the end of finishing this sentence.
Right now we are only poking our head above the level, but a full body candle close above it could prompt a quick swift move to our target soon enough.
The level we are at right now is a buy with smart stop losses just below $39658.
As was just mentioned in my previous Bitcoin idea a little while ago, our ultimate target for longs are down at the $37366 area. But by utilizing the smaller time frame we can take advantage of momentum while also getting our bags filled at the prices we are most comfortable with.
Lastly, an idea that is early at the moment to assume would be a possible ascending triangle here on the hourly. If we can continue a trend of higher lows that would be a fair start as price has already hit the previous high so a pullback would not be surprising.
Gold - Doublebottom scalp - quick profit!Hello trader,
Nice week and profitable deals 💲
15mh chart gold
Doublebottom trade
Entry-SL - R / R can you find in the chart!
TP: Fibo 0.618 and 0.768
2.Trade:
Another gold post, bigger picture from weekly - 6h:
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas,
Trade save !!
NAS100 scalp SHORTPrice action at resistance respecting this area on all timeframes. looking for a big swing to the down side to the next clear area of support on higher time frames
XAU Shift before bullish takeoffXAU has managed to break the two-week range between 1797.00 Upper bands and 1750.00 lower bands.
This consolidation comes as normality after extending a steep decline right off the 1900.00 zones as accumulation now shapes into form.
A projected re-test of the established mid-range sees a short entry opportunity toward 1775.00.
This establishes a confluence setup as price may bounce off the 1775.00 weekly reactive zones further continuing the bullish push toward 2104.00 later this year.
NVDA Buy LevelsThe color coded support levels shown on the chart are the levels I am currently watching on Nvidia should an extended pullback occur.
The levels were found using a simple, multi-fibonacci retracement method based on previous swing highs and swing lows that allowed me to spot local fib levels. I will possibly make a post on this one day as an educational resource.
There is a lot that will go into this so there is no way I can cover everything in this one post. So check for updates in the future.
In the meantime, we will start with the most bearish scenario and that would be below the .236 fib level at around $715.
I personally do not trade below the .236 but there is no rule that exists that you shouldnt. Its simply my personal preference not to.
This is the basement floor where many traders would choose to place limit orders with hopes that they hit. This is the area where the largest potential gains are made.
PLEASE NOTE: Nvidia does not HAVE to reach these exact prices. This is just simply a point of reference for one to borrow. Please apply your own analysis to come to your own, best conclusions.
With that being said, my favorite fib levels to buy are primarily whatever level the current price is closest to. Which means the .786 level near $812 is the level that should get your attention as of right now.
As you can see, the price wasted no time dropping to this level and one should note that this was not random. The first level that price usually pauses at when pulling back is the .786 fib level. And if this level holds on larger time frames, that would be the first signal of a possible bullish reversal/continuation. If this level holds on the weekly, bears will be at risk of losing momentum, and bulls could retest the all time highs again.
On the flipside, if NVDA breaks the .786 fib level ($812) then that would be the first true bearish signal. And although this is a daily chart, we are truly looking for closes below/above the fib levels on the WEEKLY.
The lower range of each fib level are the buy areas. The tops of the fib levels are the expected rejection areas.
You can see the price at each corresponding level as follows:
$838
$812
$791
$777
$762
$744
$715
To the left of the candle sticks on the chart you will see an example of how to ladder buy simply using the fib levels. It is fairly common sense but one should feel free to tweak it and apply their own strategies as long as risk management is being practiced.
Check back in the coming days on this and if you have made it this far reading this please leave a like!!
ETH Long Scalp OpportunityEthereum has found support once more inside of its ascending symmetrical channel on the 4 hour.
This is a technically a bearish pattern but as long as it remains inside of the channel, buy opportunities exist at the lower green trendline and short opportunities exist at the upper red trendline.
A move from where we currently are would be about 15% to the top of the channel where profit taking would be wise.
A first target for profit taking would be around 2335.
If a break down and full body candle close outside of the channel on the 4 hour were to occur one would want to exit any long positions as the target move would likewise be approximately 10-15% to the downside.