eth weekly and maybe daily correction pivot scalp shortcamarilla + cpr + magnet mean reversion to pivot. best entry is next H3. target is next Pivot/L3. waiting for the weekly close might also be wise
Scalp
avax short scalp pivot reversioncamarilla and cpr with magnet reversion. optimal entry H3. target P/pivot. the developing ones
GBPUSD PUSH DOWN (FR THIS TIME) Whats up guys, first off, i want to apologize for the idea yesterday, i totally f'd up on that one, but i promise ill do better this time!
So its Friday!! The trading week has come to a close almost. Lets finish strong and start the week off right on Monday.
Lets take a look a GBP:
From my analysis, I see that price broke the level of support we used for a buy yesterday, (this is the same support that i though we were going to break yesterday), this tells me that its very likely for price to trend downwards now, until we hit maybe the blue line at the bottom of my markup. the only thing that makes me cautious is the fact that its Friday, and from my experience, price tends to range in a specific area on Friday or it can absolutely demolish a certain setup.
Pair this with the oversold RSI on virtually all timeframes up to 1H and you have a recipe for a potential reversal that came out of nowhere. Nontheless, dont let this scare you away, rather let it make you exercise caution and be sure to use CORRECT RISK MANAGEMENT
My bias for today is going to be short but if we see a strong push up, we can expect a reversal back to a higher support
Trade safe, trade smart, and trade precise yall, ill be back next week!!!
Scalp with possible continuation We can see a clear rejection at around 80.800 for the second time with a pivot.
Looking for a scalp to first retest 80.200.
As visible on chart MACD and signal are making a cross through 0 line for momentum. This momentum will make it possible for a breach through 80.200 for continuation.
Please comment with thoughts and ideas. Thank you.
Technical sellQuick pips read chart and watch for pullback at TP 1.
Please comment with thoughts and ideas. Thank you.
MACD and RSI set for short sell off.
Technical scalpLooking for a retest of .70000 from the momentum with a MACD/SIGNAL 0 line cross.
Look for resistance at .69800 however I am hoping MACD play out will give a push through.
Choppy market right now with DXY overall strength. Please comment with thoughts and ideas. Thank you.
3 validation points = confirmed downtrend ($35,444 aoi) Once 3 validation points have been confirmed on either an up trend or a down trend its likely to reject in the opposite direction the validation point was secured at (If the down trend gets a 3rd validation point, it's likely to reject to the downside shortly after)
$35,444 seems like an area of interest over the next 24 hours for a retest of the uptrend trend lich which currently has 2 validation points, needing a 3rd to confirm a bullish edge.
Could this have been a bearish retest of the downtrend before faking out and then reversing back to the downside?
The markets tend to react based on emotions from the traders (in terms of trading, and how the markets get information about the player, and their specific reactions)
Also funding is 0.1338% and this tells me the ratio between shorts/longs is stacked on the short side which PA should need to cool down before another pump in the short term future.
"The markets move the funds from the impatient traders account directly into the patient traders account" and this is accurate in terms of traders and their impatience when it comes to finding an entry for the specific position/trade setup they are looking for.
Will attach TA updates to this post as the day proceeds.
Remember, plan your trade and trade your plan! 👍
Short term scalp idea ($34,333) Looking for a bounce from thereThought I'd post a quick scalp short considering i closed my last long position $1000 higher than current entry.
I'm bullish going into Friday but volatility allows us to scalp between ranges.
$35,885 short entry, target $34,333.
Please like/comment if you have any questions 👍
XAUUSD BULLISH INTRADAY SCALPIf price fails to break 1849, meaning it held as support, I would like to see this bullish trend continue. Let see if we can at least test the top of price structure 1919.
Risk to Reward 2.6:1
GBPAUD BULLISH INTRADAY SCALPIf price fails to break 1.76072, meaning it held as support, I would like to see this bullish trend continue. Let see if we can at least test the top of price structure 1.79834.
Risk to Reward 2.7:1
GBPCAD BULLISH INTRADAY SCALLPIf price fails to break 1.73755, meaning it held as support, I would like to see this bullish trend continue. Let see if we can at least test the top of price structure 1.74828.
Risk to Reward 2.3:1
AUDJPY BULLISH INTRADAY SCALPIf price fails to break 80.317, meaning it held as support, I would like to see this bullish trend continue. Let see if we can at least test the top of price structure 80.864.
Risk to Reward 1.7:1
AUDCAD BULLISH INTRADAY SCALP If price fails to break 0.98286, meaning it held as support, I would like to see this bullish trend continue. Let see if we can at least test the top of price structure 0.98992.
Risk to Reward 1.9:1
GBPUSD SELL (Before)6H supply level going down to 4H demand level, is the trade. price is struggling to break through level. Lets see what happens. Entered on 15M candle close @ 9:15am.
EurUsd PositionScalp EU with counter trend trade. Price took liquidity nicely and tested the 30M timeframe fresh demand level at the bottom of the range. Entered on a morning star candlestick pattern of the 15M timeframe and I risk 2% to close half at 50% of my take profit level.
Bullish scalp trade idea ($37,000 short term target)As price action has been developing after the latest dip I've bought it and the target for now is $37,000, $39,777, $40,444.
Will provide attachments to this post as price action continues to develop as provide an edge.
AUDJPY BULLISH INTRADAY SCALP AUDJPY seems to following market structure. 80.146 seems to have held as support. I would like to see the bullish trend continue to level 80.838 testing Jan 08th 9am high.
Risk to Reward 1.3 :1
Bullish Scalp trade idea (s/r flip) $44,000 target (1.618 fib)I'm getting bullish vibes, i was bearish but this feels ready to breakout to the upside and I'm not going to ignore my intuition and sit underwater.
Traders adapt to current market conditions, thats if this level holds.
Cheers, will post updates.
Otherwise I'm stupid and should've trusted myself, oh well we showed strength of a breakout and I took the trade.
13.87% dump in the next 24-72 hours? bearish scalp ideaI've got a feeling we're going to dump into the 3r validation touch to confirm either support on the trend line as a trend, or we break it and head to hit all the targets below.
t1, t2, and t3.
I'll attach updates as price action develops.
$38,888 is the short term bearish scalp target (bitcoin)I've placed a buy order to be executed at $38,888 and from there I'll enter a scalp long on the bounce. Now, there's a chance it dead cat bounces which is why I'll be ready to hit the sell button if it doesn't hold support off the bounce once we hit $38,888. I called the start to this decrease in price in my last TA (post)
That's my game plan, and what do I say?
Plan your trade and trade your plan.
Retest of $39,999? (bearish scalp played out within 72 hours)Please hit that like button/comment if you support my daily TA's posted on this page 👍
I can feel a crash coming in my bones......might not be today but its coming during Q1 2021.
Leveraged longs will suffer before Q1 is over.
History doesn't always repeat itself but it most defiantly rhymes.
A crash is WAY overdue.
👍
Fake out candle before rejecting or is BTC ready to leg up? We've seen nothing but up over the past 8-10 months (Since the March 2020 crash) and yes we've seen little downside rallies but we haven't had a proper red candle or week in so long and if it isn't today, or tomorrow, or next week, it will probably be sometime in Q1 and i still believe we will see $16-21k in 2021.
I'm only posting this because last couple of my TA's have been bearish and one of them wrong so I'm posting the bullish scenario in case it does happen.
Don't get it twisted though, 30% pull backs are very normal and regular in bull markets and wouldn't be surprised to see it sooner or later.
$50,000 will be a HUGE resistance for Q1 (psychological)
I'm personally bearish but the charts possible are indicating one more leg up, one of these legs yup has to be the local top for a decent downtrend to get initiated....i can feel a crash in my bones and leveraged longs will cry in the end.
Enjoy your day my friends, and enjoy this TA.
Are you bullish or bearish at $41,000 USD?
Ascending channel breached and confirmed (b&r) bearish scalp Since January 7th the ascending channel has been compromised and almost breached multiple times. The only reason it hasn't is because of the buy pressure but of if it doesn't hold on the 3rd support test attempt then we can see much lower levels. If we get a bounce off this trend line we can head higher but until that happens I'm bearish and don't care about $1000 dollar moves at this point. a 30-50 pullback is over due and leveraged longs over 5x will get a wake up call in coming weeks/months.
Don't say Yurlo didn't want you if we start free falling, because in this post I've very clearly made the case it's possible especially because we're now in Q1 and haven't set the "yearly low" or even started a downtrend for that natter so it's really a matter of time before things reverse on the short term.
Break the current ATH and we'll likely have another leg up "fundamentally this doesn't make any sense and institutions are driving this price up, and it won't go on forever.
Meek Mill was tweeting about crypto and getting all his fans into it (lmao what a hilarious top signal)
See you guys when the red candles start, or i'll post another TA with a scalp long after the next big dump for a bounce but otherwise free fall within days - weeks.
