Total crypto market (CRYPTOCAP:TOTAL) If we look on a daily charts, things still going pretty. None of the candle didn’t close outside master trend line (including weaks) & we have higher low. RSI came back above 48 points (last respected support level). On 4h time frame huge rehab after retested 1,7T total market cap - 16% up since start, so no wonder CHOP index is exhausted. 4h - On bulish aim 100 MA 4ha & upper edge of box. Bearish: 200 MA / Trend line / Last 1,7T top lvl. Definitely important is Bitcoin charts, that with similar chart recover to 52k $ price, as very significant level.
Technicalindicators
Total crypto market (CRYPTOCAP:TOTAL) In the next dozen hours, we'll know if the story repeat. 1,7T market cap area is important as last resistant was at this area (and last top). Positive signs above previous purple trend line, or held 1,7 - 1,85T market cap long term. Consolidation around this leves will be healthly (a slight approximation 0,15T is about 21% all of tesla shares outstanding capitalization). If the price reject this purple line or ~1.85 lvls, looking for some deeper prices, even 1,5T total m cap & around 42k $ for BTC.
Double Bollinger Band / TEMA Trend Indicator
- This Indicator charts the trends and shows good zones to buy and sell
Over Sold - When the Yellow line is within the bottom Green channel
Over Bought - When the Yellow line is within the top Red channel
*Pyramiding is used*
For Long entries - I personally wait for the indicator to show over sold, then I wait for the close to drop below the larger BB. After this, the close needs to cross above the TEMA while it remains in the Green channel.
*I like to ignore additional buy signals within a certain % range of the previous buy. This helps to eliminate spam buys caused by short term volatility*
For Short entries - I do the opposite of the Long entries... Wait for overbought, close crosses above larger BB. After that, the close has to drop below the TEMA while it is in the Red channel.
*Don't do the % difference for short entries... This helps get rid of overlapping buys over time*
Also I'm curious what other Indicators would go well with this to eliminate false buys so lmk what you guys think would work well
GBPUSD 1.39528 + 0.87 % * LONG IDEA , PRICE ACTION & DIRECTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE POUND DOLLAR FROM THE MONTHLY PERSPECTIVE
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
some rules on exits & entries hope they help.
1. look at structure be it descending channels, pennants and so forth basically price action whats price doing.
2. If you use indicator determine does it align with your play e.g is it overbought/oversold where there market is it in a pull back to structure or continuing does price alighn with your indicator.
3. entries from 30M , 1H, 2H & 4H time-frames the higher the time-frame the more likely it will end up swing or long term.
4. aggressive trades can be executed on the pull back / or at ranges of structure that's when you are a scalper or your trade are Intra - day based
5. price action must definitely align with the plan.'
6. structure definitely
7. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S .
9. CANDLE STICK PATTERNS.
That's basically entry & exits plan basic guide lines
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Eur/AUD Rises or Breaks!?Hello Traders
✔EUR/AUD Is Bearish but has broken the Daily Trendline and then retested
✔Price should respect the Retracement and rise again BUT could possibly be only a breakout
✔The rebatement leads to a 50% Fibonacci retracement but the GOLDEN entry is the .618% Fib
150 PIP Analysis
GBPUSD > Minimalist Trading Setup for A Sell !!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPUSD
Hello friends.
similar to my EURUSD analysis we could be just doing a complex pullback in here before we continue movement o the downside. so I am looking for a sell only.
The market seems it stopped here and might start moving down from here, but I need a confirmation on the 4 hours chart which I won't get until after 2:05 minutes when the candle closes.
The bigger picture is to hunt GBPUSD near the structure resistance level near 1.400, also Bat pattern completion, which will be perfect for a selling opportunity if the rules are met
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURUSD > looking for Short at The Kill Zone!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #EURUSD
Hello friends.
I was surprised how the dollar acted after the blow-up NFP numbers, buy this who the market is, and anyway the dollar was due for a correction.
The EURUSD still in a downtrend and we have no confirmation that we have a trend shift, it could be just a complex pullback before continuation to the downside.
I will be watching the market when it reaches my kill zone looking for a trend continuation trade for a continuation to the downside
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPJPY > Trading Plan for Short and Long!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPJPY
Hello friends.
This market has been doing nothing for sometimes now, we are near weekly structure level,we could continue to slightly rise higher as the yen is very weak, and unless we break above 153.40 i am not considering a buy.
however if the market breaks and closes below 152.88 i will be considering the short side as i believe this market has a major correction a head of it, but we need a confirmation first
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
AVAXUSDT > Will This Market Move Anytime Soon?I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #AVAXUSDT
Hello friends.
Will this market move anytime soon?
Looking at the chart I see the market been moving sideways and it has been doing so for a long time, I actually expected the market to move at the end of the last month but it did not.
However, the range I setting smaller and smaller, and traders might get ready to push this market higher or just quit it.
I am a believer in this AVAX and i will hold it for the long term, but short term i think it can go up almost 70%.
KINDLY DO NOT BASE YOUR INVESTING BASED ON MY ANALYSIS ONLY, I MIGHT GET OUT OF AVAX AND NOT TELLING YOU
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPCHF> Trading Plan for A Short !!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPCHF
Hello friends.
If you have been watching the market closely, you would have noticed there are many markets with RSI divergence and it is been going on for a while now and this might continue this way.
However, we can watch this market for a break of structure in anticipation of a change in trend.
If the Market breaks the recent structure level I will look to get in a valid short trade that meets my rules, in total this possible setup could bring over 400 pips for two TPS
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPNZD > Possible Reversal Setup For A Short !!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPNZD
Hello friends.
a double top with RSI divergence near-weekly resistance at 1.9800 number good setup for a reversal trade, waiting for a confirmation to get in the trade targeting structure support level
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPCAD > Possible Head and Shoulders Pattern !!Truly Appreciate you taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
analysis up on #GBPCAD
Hello friends.
possible head and shoulders pattern after trend line breakout, might complete soon and break the neckline.
Be careful though we need to see follow-through after the break as the cad very strong and the GBP not so much lately
Safe trading everyone
Check today analysis below⠀
>> Don’t focus on making money, focus on protecting what you have.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURAUD > Simple And Easy Setup for A Buy !!Truly Appreciate you taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Analysis on #EURAUD
Hello friends.
Possible Gartley pattern inside consolidation pattern, which is best for using harmonic patterns, also it might complete near structure support and support line near 1.5300 number.
i will be watching the price action inside the zone on the lower time frame for a buy trade that meets my rules using one of my reversal strategy to get in this potential Gartley pattern
Safe trading everyone
Check today analysis below⠀
>> Don’t focus on making money, focus on protecting what you have.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURCHF - Its a bird - its a plane.. EC!Hello fellow traders; time for another analysis w/ SmoothPips
🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together!
❓ What's unique about SmoothFX?
-All trades executed off of the same "strategy"
-Easy to read charts
-Multi Time Frame Analysis
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-Very high probability
-Experienced
🎯Leave some feedback & let's chat. Always willing to hear other bias'.
📌Remember; markets are moved through liquidity. We will earn more by helping each other.
🤞Please remember not every analysis will be 100% correct. Use your own due dill & discover your own research.
Sincerely,
SmoothPips
<3
GBPJPY - Short. (xr-shorterm)This is a risker trade placed in some traffic when looking into the smaller TFs . Larger TFs show indecision or a slow in bull momentum.
On Lower-TFs we see a series of higher lows and lower highs. (Symmetrical Triangle Chart Pattern.)
However the rejection off the 618. golden zone could indicated this being a bearish triangle rather than a bullish one.
On Larger-TFs we see a long-legged Doji candle formed after testing some major resistance. The next candle showed signs of a spinning top. Demonstrating signs of indecision for the bullish trend.
I feel a temporary trend reversal is in order before testing 152.50 Weekly S/R or 155 Monthly S/R.
1.5% risk.
TP1 / 0 / 30%
TP2 / .25 / 40%
TP3 / -.618 / 30%
USDJPY - LongScenario 1
Price may touch down at resistance at 109.30. Price could then bounce back off this previous resistance level and then continue bullish momentum. This would trigger a long trade.
Scenario 2
Price may reach the support of the trend line (108.90) and reject off the 61.8 fib level in which we would then go long (providing good technical confluence of indicators too --> increase probability)
Let's see what happens!
NZD/CAD Trade idea NZD/CAD has seen a major move to the downside to our weekly zone due to the weakness in the NZD and the significant strength in the CAD, what we will be waiting for now is an impulse move back to our lower timeframe area of support which now will be resistance to catch another move back to our weekly zone.
AUDNZD > Easy Trend Continuation Setup Might Come Soon!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #AUDNZD
Hello friends.
This market provided an impulse to the upside and broke major resistance as you see on the chart which now turned to support.
I am expecting a retracement to the downside to retest the support level where I will start looking for a valid reason to buy the market to retest the high for a potential 100 pips or so.
Safe trading everyone
Check today analysis below⠀
>> The market can stay irrational longer than you can stay solvent.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
USDCAD > Selling Setup Might Be Coming Soon!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #USDCAD
Hello friends.
Here we have the market has been in a nice downtrend and we have no reason to say it is over, I predict that we can still move to the downside to test the weekly support.
For now, I have no reason just yet to short this pair, but once I get a confirmation, ad good risk to reward setup I will short this pair targeting the lows first then maybe an extension to the downside targeting the weekly support
Safe trading everyone
Check today analysis below⠀
>> The market can stay irrational longer than you can stay solvent.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURUSD > This Market Might Go More Down, Eyeing 1.1600Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #EURUSD
Hello friends.
A lot of technical damage happened to this chart, now the market pressing against 1.1800, I don't think it will be supported here, and I think the market could break below it.
The market might have some support around 1.1750, but the real support is near 1.1600.
For the time being, I am just watching for this market to see if it will provide a reason to sell near 1.1880-1.1850.
it is also if you are looking for a day trade to drop to the lower time frame and look for small trade to the downside, but first, we need to break 1.1800 guys
Safe trading everyone
Check today analysis below⠀
>> The market can stay irrational longer than you can stay solvent.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you