360 inflection point level for S&PInflection point for S&P fib retracement zone & support level from Aug 2020
Suppport
More on Support and Resistance Zones In this short tutorial, we look at support and resistance zones and how we see them. The way to adjust yourself wth them.
TIP: TRUST, FOLLOW YOUR INTUITION
axsaiming for that 3.3. big big liquidity pool on axs. it should give a retest for now, can give a couple. with good fundamentals this will be a best buy at 3.3. so many fvgs at low levels too
EURUSD ,2H LONGHere EURUSD is LOOKING To REVERSE To The Upside Because of Few Reasons
1) The Market is making Lower Low and RSI is making Equal Lows which means Market is making Divergence
2) the market has braked the structure to the upside on lower time frames
3) there is also the liquidity pool on the upside where the market movers could grab all the SL of the traders ..
SO Overall it is Looking a Bullish Setup .
GoldViewFX - MARKET UPDATEHey Everyone,
Another awesome day of collecting pips. All our trading ideas posted this week HIT target and played out perfectly!!
We are still Bullish and continue to buy dips from Goldturn support levels and our intraday levels that we share daily.
We have now moved up the swing range to 1921 and identified a retracement range to 1931.
We have TARGETS above at 1944 again, 1952,1961. These TARGETS will be confirmed further with EMA5 cross or CANDLE BODY CLOSE above 1944.
We are now done for today and will come back Sunday with a full market review for the week ahead.
Please don't forget to like, comment and follow us to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURNZDthe market brekas the support line and the resistance line with a red candle that shows a significant volume compared to the others one of this day
- break of the moving average
and what confirm my idea is that the few candles before tested the vwap many times looking for a bearish trend
so I believe that we should sell EURNZD
GALAUSDT Daily Range| Price Action| Trend| Volume Evening Traders,
Today’s analysis – GALAUSDT – trading in a high timeframe range where a rotation to the range mid is probable,
Points to consider,
- Price Action Impulsive
- Bullish OB Support
(Range –Mid Confluence)
- Daily S/R Objective
- Low Volume
GALAUSDT immediate price action is impulsive where a correction to the range-mid will allow for a long entry.
The Bullish OB Support is in confluence with the Range-Mid S/R, a retest of this level is like to be respected.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
The overall objective is the Daily S/R, exceeding that level will lead to a trend continuation.
Overall, in my opinion, GALA is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.”
― Yvan Byeajee
Possible Long CaseArea of 7.3 - 7.6 could act as a potential entry. We could enjoy 50 % profit during the next couple days provided that current support level holds
DYDX goin BULL🤑🤑🤑Another altcoin making its move
But be always be sure to wait for a retest, for every trade you take.
Remember your risk management. Finally Goodluck in your trade.
FISV SupportFISV is greatly declining from its resistance which allows for a great opportunity for a buy at support. Its Fibonacci is resting at 108. We will have to wait until it hits 108 for a indication of a resumption in its previous uptrend.
Fibonacci Support
-108
Fibonacci Resistance
-116
CADJPY Dynamic S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – CADJPY – trading with a bullish market structure, further upside probable,
Points to consider,
- Price Action Impulsive
- Dynamic S/R Support
- Swing High Objective
- Low Volume
CADJPY’s immediate price action is impulsive, trading above its dynamic s/r with further upside being imminent.
The swing high is the current objective, exceeding this level increases the probability of a trend continuation.
The current volume profile is below average, an influx is highly probable when testing key trade locations.
Overall, in my opinion, CADJPY is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
‘’No one strategy is correct all the time’’.- John Paulson
I put a long position in Waves!!!In Daily timeframe, WAVES closed up with a bullish hammer in this timeframe and I decide to buy some WAVES contract to long position until $40 USD, that will be my target that I believe that WAVES going to up to recover the trend.
EURAUD (EA) OANDA:EURAUD
EUR HAS BEEN SHOWING STRENGTH.
HERE WE HAVE EURAUD ATTEMPTING A BREAK ABOVE RESISTANCE.
A BREAK AND HOLD ABOVE THIS LEVEL CAN YEILD US 50-150 PIPS DEPENDING ON WHAT HAPPENS AT THE NEXT LEVEL.
UPWK - Gaining momentumUPWK has established a strong horizontal support zone @ 39-41 (which is about 50% fibonacci retracement of the major AB swing up). It bounced off a mini double bottom here and soon began consolidating between 44.50-47.50 in the past week.
Today it started to move out of this bull flag and with RSI now rippling above 50, the chance of a sustainable upside is good.
Long with initial stop loss just below 44. Trail stops up as trade goes our way. For swing traders, suggest to scale out on the way up @ 55 and then 64.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
🏛GOLD WILL GO UP FROM SUPPORT LONG🚀
☑️GOLD is now trading above the strong horizontal support
And I think we will see a bounce up from this level
Before a possible breakout down and bearish continuation
LONG↗️
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I found a interesting support!When we are about 40 percent over this line I will sell. Then it will go under the line for about 15 to 18 days. There you can buy and you will have a nice profit. But the parabolic curve will come soon and this patterns will have a end. Then correctures arent very big about 5 to 10 percent and only 2 days or so.
bye.
Gold coming up to 3rd Fibonacci bounceSimple fractal moves down. Each Fibonacci reracement level since 2.06k we have seen a significant bounce to test bear movement down and continue retracement (12345)
I expect to see a similar move now we are sat at the 0.618 retracement level.
Check comments for updates, daily seeing a possible swing low forming right on the 0.618 line which could confirm move up, tuesdays close will be the candle to confirm swing low. expecting atleast a move to 1788 if confirmed to test a breakout at top of channel.
Just a Salmon
Ideas are not gospel
BITCOIN LONG COMING!!!!! UPDATEDneed to hold support of doubke bottom break out or trade invalidates
ETH breakout
ETHUSD has retraced to the uptrend support and the daily support giving us a confluence of support nice buy the dip opportunity here.
BTC takes support at 9150 | CCI in oversold regionAnalysis Summary
-Market in last 24hrs
-BTCUSD saw a downtrend
-Price volatility was high. Market moved ~2.5%, between $9.1k and $9.33k
Today’s Trend analysis
-Price sees support at 9150, CCI in oversold region
-Price at time of publishing: $9,180
-BTC’s market cap: $169 Billion
-Oscillator indicators are mostly neutral. RSI at 42
-Moving average indicators are biased towards downtrend. Ichimoku Cloud is neutral
-Volume indicators are indicating a downtrend with volumes seen on red candles
Price expected to take support from 9150 level and go up as it jumped from that level thrice . Most of the Oscillator indicators are neutral. MACD crosses down 0, downward histogram increasing in size, which is a bearish sign. RSI below midline around 40, which is a weak bearish sign. CCI crossed below -100 and is in oversold region, indicating a buying opportunity. Another interesting point to notice here is that if price drops below the support level then it can see a continued downward movement till 9k.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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- Mudrex
The perfect entry# Resistance broken
# Tested as support
# Buy signal completed (bullish engulfing)
I am entering at market price 1.72024 with
# SL below the engulfing pattern @ 1.71535 and
# TP higher up around resistance @ 1.74815
To learn the dynamics behind this trading strategy please join my mailing list at www.profitfxza.com
Always exercise good risk management. Don't bet the farm and don't invest what you can't afford to lose.
