Lets Buy US30looking for buying opportunities on US30. Price on trend line and as well as 61.8 fib level, If it breaks below then we start looking for selling opportunities till 32500
Supply Zone
BCH quick CONTINUATIONThis is a continuation of a previous analysis. You will find here the 2 possible outcomes for the upcoming week.
BTCUSD QUICK continuationThis is the continuation for BTC. I am explaining here the potential outcome for the next upcoming weeks. You will find 2 possible scenarios that have been explained in detail, regarding levels.
GBPUSD I Short from channel resistance
Welcome back! Let me know your thoughts in the comments!
**GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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XAUUSD SCALPING SETUP on M15You might get profit around 70 PIPS on this setup/entry.
Reason for entry :
1) Market Structure: Downtrend
2) Area of Value : Potential Support Become Resistance area and its a supply zone where market done a Drop base Drop
DAY TRADING: SHORT EURUSD. TARGET 1.07940TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.08500
STOP LOSS: 1.08900
TAKE PROFIT: 1.07940
RISK TO REWARD: > 1:1
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
I CAN'T SLEEP ON THIS TRADE!!Funny enough, this was on my watchlist I didn't consider it to be a good move until I checked again.
I am shorting this.
Help boot the reach of this post for more
DXY USD - MONTHLY ANALYSIS - CORRECTIONThe USD has been in an uptrend since March - 2008 and has been dominating the financial markets and the global economy with toxic pressure since last year.
- Today, I would like to present an analysis that takes a closer look at the USD (DXY) from a monthly perspective.
We are at several relevant resistance points:
1. FIBONACCI RETRACEMENT | 0.88 - is about to be tested.
-> 0.88 FIB = 114.979
-> Marked as a "blue" line on the chart.
+ Next psychological number would be 115,000 as resistance.
-> Psychological numbers are relevant decision points, because the human brain (subconsciously) prefers round numbers, at which more orders are placed.
2nd RESISTANCE TREND LINE | from 2008
-> 7 points of contact since the formation = very strong resistance.
-> Drawn as "red" line in the chart.
3. SUPPLY ZONE | from 2002 (gray)
-> Time expired, but still psychologically relevant for market participants.
-> Drawn in as a "gray" box in the chart.
4. POINTS OF INTEREST
-> Points, which are mostly a psychological number, at which some liquidity was traded in the past.
= these points can be seen as both "support / resistance".
-> Drawn as "turquoise" lines in the chart.
These are now only a few indicators of those which are available to us all.
However, even without indicators, it can be seen that the USD (DXY) is clearly overbought and a correction (from a chart-technical point of view) should be imminent.
Regardless of our analysis, the macroeconomy currently determines the further course of events.
Detailed price predictions are thus a matter of blind potshots, and that is the last thing we need in trading.
"Correction scenarios"
1. We see a reaction of the trend line and the 0.88 Fibonacci and will correct a little.
-> Possible correction target = 107 points
2. The DXY breaks the trend line and the 0.88 Fibonacci and is then finally stopped out by our "SUPPLY Zone + the Points of interests".
-> Possible correction target = 109 points
"Breakout scenarios
3. The DXY breaks through all marked resistances, makes a fakeout and enters the correction.
-> Possible correction target = 111 points
4. The DXY breaks through all marked resistances, confirms its breakout and starts its journey to the 1.618 Fibonacci.
-> Possible correction target = 152.129 points
Alright, now we can only wait and see what the future will bring us.
- Feel free to discuss it in the comments and share our perspectives.
Thank you very much and happy trading!
MANA IS NO 2 FROM A LIST OF 13 CYCLE COINSWe did study the trend and made depending on the cycle calculate the total of the 13 cycle coins.
We did a choice of coins that have a high possibility to increase in the coming time.
To make a choice like this we did a study from TA until the transaction data of a coin to get the right image of the trend.
Mana seems very interesting for the trend, and depending on our study is that Mana has a high chance of breakout out.
The breakout point
between $0,74 and $0,80, Mana makes a high chance of breakout with a trend above 1 USD.
WE know that most of times cycle coins going into unexpected breakouts.
Our target for Mana for the coming time is $1.70
Mana has shown interesting patterns, and same time also a whale follows DCA, which makes this coin very interesting for this cycle.
In our service district , we did add the rest of the 12 coins see below the update.
Share your idea about what you think about Mana.
Let's see if this target of $1.70 can become real price action coming time.
🌠And at the same time if this coin can show the effect of a real cycle coin.🌠
Short setup on Gold.Gold was hit a supply zone in higher time frame and now I can see a confirmation, I'll wait for pullback to 15m the supply zone.
BTC/USDT [Short movement expected]technically btc looking bearish
before btc can go down they will fakeout of bullish peanut
1.25% stoploss
5.50% take profit
USDJPY-Weekly Market Analysis-Jan22,Wk3In Fear of the Debt Limit, traders might flock in for a shorting opportunity. The perfect shorting price for me will be at its key resistance level within the sell zone at 128.33.
I'm still optimistic about the US Dollar Appreciation until March 2023.
Taking Counter Trend Longs into Pro Trend Shorts 4H OF is bullish taking CT longs into the HTF supply to either create LQ to the right due to there not being any to the left . or simply sweeping the high and continuing to make lower prices following EOF .
EURCAD possible sell setupEURCAD was trending bullish from quite a while we shorted it last month from the top and now market is back at the same strong resistance area with also a strong supply zone
i am looking for a bearish rally down to the mentioned area
look for confirmations on lower time frames and sell EURCAD with your own money management
key to remember is both scenarios possible which after mentioned there it can drop straight or it can drop after a spike to upside
always remember patience an discipline are the key to success
Long !!Anticipating price to reject my demand zone. I am Long on USDCAD and fundamentals are bullish towards the US dollar.
xauusd idea...hello guys...
if gold break up that red level it determines the continuation of the upward movement and in my opinion, xauusd will form a three drives pattern and reach to 1.6 fibo level (almost $1882)...
but if gold doesn't break red level be ready for hunt setup and get short position...
every movement depend into this critical level...
this analysis will be update after break or return!
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
Stay Objective - $GRTAs exciting as the green candles are today - it's important to manage your emotions and stay objective.
It's fine if we rally, we can catch it. Wait for Monday to tell us weekly direction imo.
I'm staying neutral for now.
Vatsik
CrowdStrike Buy ZoneThe area that interests me is the supply zone notated by the Orange Rectangle. Aside from an obvious supply zone, CEO Roxanne Austin has purchased nearly $6 million in shares over the New Year holiday. Some speculate that growth is a concern, but that is a concern with all growth stocks; what if they were to stop growing? There's always a risk investing money into any company, but CRWD demonstrates it's value to shareholder's through it's outstanding customer retention rate, most fortune 500 companies use Crowdstrike Software.
There is a solid short-term double bottom forming in the $90's. My price target is $104 short term and $150 + by EOY.
Long SPYStill a range bound Market. But a healthy one with defined supply and demand zones. I am net long, since last week.
BTCUSDT is in Supply area!The price is testing the supply area as I said in my previous idea and the market printed another HL.
The price had a breakout from the ascending channel and retest the upper trendline as new support. The price could have another bullish impulse until the 0.618 Fibonacci level, where the price has another resistance.
How to approach it?
We are monitoring the price and we are waiting for a clear movement.
Long scenario: Breakout and retest (daily close above the 17600
Short scenario: Breakout and retest the support as resistance on 17100 (daily close)
Both scenarios need to analyze again with Plancton's Strategies
Sell Eurchf Setup D1Hello ! According To Me , Eurchf Will Go To 1.0050 Area , Then You Can Sell From 1.0050 Area For 0.9955 TP . After That It Will Go Up Again .. But You can Make Profit By Sell At 1.0050 Price .
I Hope It Will Give You Profit .
Thank You
BCH quick OUTLOOKThis analysis is a continuation of the previous one. I have stated 2 possible scenarios by considering the current market structure. There are 2 types of entries explained in this video.
BTC Quick OUTLOOKThis is a continuation of the previous analysis made for BTC. Here are presented 2 possible scenarios, with 2 possible entries, all explained in detail.
