Like always FOMC gave the markets LOTS of volatility. To me, DXY looks bullish after the FOMC. We took the stops and shot right back up making a breaker on the 1h. that breaker is in line with a 1h/4h S/R line to. So you could long that SR/Breaker level or you could wait for more confirmation and look for longs above the orange line on the chart which is a Daily...
The spike down you could've made a nice short term trade and you shouldve taken profits already. of course a lot of perma bulls will stay in this long position. So what i i epxect or want to see before i go long? I want those stops to be taken out from the perma bulls. But it needs to be a fast reaction price should not stay to much time under that level. If it...
I am staying flat on Bitcoin for now as i do not see a decent short nor a decent long setup. What i am waiting for is an aggressive spike lower taking out those stops and go back up from that point. it has to be fast if we spike down and stay there we will go lower. If it spikes down and we have a good reaction i expect bitcoin to go up to the red line ive drawn...
Spx is very close to the equal highs we made on it. NO WAy the bear market will start before it will take those equal highs. - People in shorts will get their stops hit - Break out traders will get trapped This is all the liquidity big money/institutional traders need to load up on their shorts. Also, wait and see when Trump tweets that the SPX is making new...
Taking this long on CADJPY as we broke the S/R level clearly We took the tops on the 15 min chart which adds to confluence to this long idea and the stop placement. Taking off 50% at TP 1 as that is an S/R level where we could possibly reverse saying that i do think there is a big chance we will take at those 4h equal highs as my final target as i expect it to...
There's nice liquidity (stops resting) above that high I took the fib from, and a daily level that sent us to the recent lows that we haven't retested yet. This feels like a good setup to trap shorters and take their stops before dumping further on a bigger scale.
The pair has formed an Inverted Candle at a key level (Top of Descending Channel which has a confluence with Major Resistance Level) but at also at a Key Time Frame (D Chart). Could this be a Stop Run? We can see a very similar scenario occurring in the past and almost the same exact technique (Stop run) was employed before reversing the pair to the downside for...
Looking to get short here on EURNZD for a swing trade. Will have tight stops just above the last LTF high. Target is huge so big risk/reward on this one
Looking to go short at the Order Block. Stops need to be cleared before a big move. Great looking order block lower to take profit and go long
Update to my previous analysis on GBPAUD.
Looking for a stop run up into a higher level around 1.6900 - 1.6920 Trade parameters in the chart
As mentioned on the callout, we're likely to see a run up into the old high and beyond to take them out. Or it'll not take it out and just keep pushing down. This is a followup of the earlier NZDUSD idea mentioned below under related ideas. Good luck!
short idea based on a stop hunt