XAUUSD (Gold) Trade Setup - Long Term ShortCould'nt share this Trade setup earlier as I had a really busy week, I am currently riding the short.
Big Time Frame Analysis (Daily - Weekly):
Price hit major Supply at 1500 region and shows many indication of reversal patterns. We might really hit gold here since its the start of the downtrend.
Trading Time Frame Analysis (M15 - H1 - H4:
Head and Shoulders completed.
Bullish Bat completion at 1420 region.
More Sell Zones are formed as price ease from 1500.
Possible Trade Setups:
1) Get on the Short on pull backs. Potential profit taking to hit at least 1420, good ROI
2) Wait for price to reach the Bullish Bat Completion at D and enter Longs, aim for small profit.
Why small profits? Always refer back to the BIG PICTURE! This is what it means by Trade with the TREND.
3) Both Long and Short setups for more advance traders who can switch buying and selling intention just like that.
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
SND
ETHUSD Possible Short OpportunityBearish Bat Pattern on the H4
As Harmonics Pattern mostly seemed like counter-trend trading with Completion Point D (the place you enter your trade order), a price stretched from Point C, where after passing Point B some traders may have the impression that a change in trend is underway. How I like to determine trend is based on a higher time frame than the one I am trading on.
In this example, I am placing my order on the H4 and this time frame gives me a nice looking Bat Pattern (visually the pattern does look skewed), therefore I consider trend using the the H12 or daily, sometimes I go even higher just to see the "Big Picture" that most people will miss because they are so fixated at the time frame they are trading at. It is important to go to various time frame so you know exactly where the trend is that will help you with managing your trade after entry. It is common to see traders getting solid entries but not sure what to do after that, not knowing how to exit the trade for profits or for loss.
I also look for trade that satisfy at least 3 of my strategies/methods to enhance the odds of the trade working out. Be very picky with your trades and dont fall victim into FOMO. Remember, skills and knowledge only accounts for 40%, the other 60% depends on your psychology and emotions.
Trade Setup:
Entry - Within the Sell Area (at Point D if you are more conservative)
SL - 206.5
TP1 - before 192
TP2 - before 184
TP3 - before 172
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
Cardano Short Opportunity amidst BTC uncertainty - H4 ButterflyADA had recovered slightly against the BTC and approaching the next sell level. Coincidentally, one of my favorite Harmonic Pattern - the butterfly pattern completes at the same area at Point D.What I also like about this setup is the confluence it has as shown in the Red Circle.
Most people will be caution to sell here thinking that a previous high or resistance level (506) is breached and price is going to trend higher. I like to challenge this thought by asking this - What is Buy Low Sell High? Do you sell when price is going down or when price is going up?
Entry - 526 to 540
SL: 563
TP1 - 475
Extended TPs - 447, 418
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
H4 EURUSD Quick Intraday LongBullish Bat Pattern on the H4 approaching.
Entry: 1.1051
SL: 1.10120
TP: 1.1103
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
SND - Bullish Momentum Starting. Retracement Of Drop? Smart Sand, Inc. owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin. It supplies industrial sand to the oil and gas industry. The company was founded in 2011 and is headquartered in The Woodlands, TX.
SHORT INTEREST
3.92M 07/31/19
P/E Current
4.91
P/E Ratio (with extraordinary items)
3.51
P/E Ratio (without extraordinary items)
4.81
Average Recommendation: HOLD
Average Target Price: 4.61
H1 GBPAUD Bearish Bat Higher Time Frame - Downtrend.
Daily Uptrend Channel broken.
Bearish Bat Setup and trading with the overall trend, good risk to reward ratio.
Entry: 1.7942
SL: 1.8019
TP1: 1.7792
Extended TP to 1.7691 if TP1 cleared.
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
H1 USDJPY Possible BreakoutI have identified the areas of buy and sell. Price moves from supply to demand and demand to supply, price is now in the middle of the two areas and forms an Ascending Triangle.
Riding with the uptrend that was just established, I am in favor to long this pair all the way up to the Sell Area 109.13-109.40. For those who are more aggressive, you can flip your trade at the Sell Area to close your Longs and take a Short position from there, knowing that you are trading against the trend, do look for small targets and not hold the trade for too long.
Possible Trade Plan:
Entry: Now (108.35)
SL: 108.01
TP1: 108.80
TP2: 109.09
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
H1 AUDJPY Quick Buy - Butterfly + Demand Zone + RetestHi all, sorry that I haven been inactive in posting my trades for awhile. Was settling in my new job position and actively trading the cryptocurrency market using the firm's funds. Since it is a 24/7 market unlike Forex, it is really taking up a lot of my time. Like to take this opportunity to apologize to my followers and other members of the TradingView community.
Here's something straight forward that I spotted this morning - buy setup for the AUDJPY pair
Entry: 74.97-75.10
SL: 74.82
TP1: 75.39
TP2: 75.59
Do like and share this post. I use a combination of trading strategies such as Supply & Demand (SND), Harmonics Patterns, Multiple Time Frame Analysis, Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
TRXBTC Bearish Bat Pattern Quick TradeTron reached big time frame demand level and looks like a reversal is underway.
I am bullish Tron in the long run, however found this quick short based on Bearish Bat pattern. Take note this trade is counter-trend, with BTC breaking new highs every other day, at least a slight correction on the bitcoin is highly likely to give TRXBTC that upward move. Proceed with cautious and do not hesitate to cut profit/loss early if uncomfortable.
Entry: 367
SL: 378
TP1: 344
TP2: 330
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