$SPY showing major weakness coming off a double top and breaking trend. Yesterday appears to be a test of trendline and today will confirm the rejection Taking a quick peek at blue-chips: $META $NFLX $MSFT, also showing signs of weakness Despite Russia pulling back forces, I don't think its enough to prop up the market First PT: 436 Second PT: 427
Hello everyone! As we already know, this pump left a lot of imbalance, imbalance that must be filled, today i have been noticed that we are in a distribution, like you see in the chart, we formed a SOW, after the next SOW we can expect a markdown that will fill the imbalance left behind(which is at 40972-37430 big imbalance), after that i expect a...
Sell AUDCAD with risk of 2.5% with T1 at mid distance and T2 near the support levels
Enter sell position with risk of 2% of portfolio. 1st target set at @ 1.43575 2nd target set at @ 1.41683 Set stop loss above the resistance area, close position in loss if a confirmation candle closed above the resistance in the hourly time frame. *Confirmation Candle: happens when the candle is > 50% of the complete shape (wicks and candle) Good luck.
This AMD plan shows possible trade ideas for longs and shorts. -Currently, AMD has had a double bottom of sorts, and passed the previous swing high with ease. -The price still falls below the Anchored VWAPs and below the highest volume by price range (112) -Strongest buying pressure in recent times -Passed above the 50EMA with ease -MACD looks strong on...
The euro is under pressure The euro / US dollar has reached its lowest level since June 3, 2020, as traders assess the divergence between the eurozone and the US economy. The pair is trading at 1,150, which is about 3% lower than the highest level this year. US economy and the euro area Recent economic data show that the US economy is recovering faster than the...
hello guys this is my intra day setup on btc short if the market breaks 35k then we can go lower to 33k i wil upload a update if the market trades below 35k manage youre risk and goodluck!
Despite the company's attempts to join the latest trends (Metaverse, NFT etc.) , the trend is still down.
hello long story short BTC 39k target. if break we can go more low trade with youre own responsibilyt and manage youre risk. goodluck.
Bitcoin is now at a supercritical support level (see the red circle). Breaking downward, will lead us to a down trend and a decrease of about 5%. Trade safe!
Possibility for a short opportunity in GBP/CAD soon! Price has been steadily working its way back up to the structure high over the past couple weeks and now has shown a rejection. On top of this we can see a very clean trend line which is where a lot of retail traders have been buying from meaning that there is a lot of liquidity underneath that the institutions...
Bitcoin forming a bear flag on the daily and setting up a great short trade down to 42000.
Disclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions...
| BNTX | SHORT @ 340 - 336 | TP @ 332, 328, 324, 320, 316 | SL @ 356 | PATTERN = N/A | PNF chart on the hourly shows a trend reversal. The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
Hello,Friends! In this market situation, I am looking at mutiple indicators And I can see bearish momentum accumulating on the pair right now This setiment makes me bearish biased and I am considering a short! Like and subscribe and comment my ideas if you enjoy them!
| KSMUSDT | SHORT @ 352 - 348 | TP @ 344, 340, 336, 332, 328 | SL @ 368 | PATTERN = HIGH POLE WARNING | PNF chart on the hourly shows a trend reversal, HIGH POLE WARNING. The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
XRP BINANCE:XRPUSDTPERP has been pumping as all the other coins since BTC tapped the 30k mark. The think we need to understand that based on the Market Maker Method, soon or later, price will retrace. Before every retrace we see what we call Double Top or an M formation. An M formation can signify the end of a trend, in this case, the end of the uptrend. Does...