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EURUSD#EURUSD Hello, everyone! Quite an eventful day in terms of price movement. From the morning, I had a clear goal to continue trading in the direction of the established trend. The equal highs formed in Asia were a bit concerning. The lack of interaction with this liquidity seemed unusual to me, but such situations occur occasionally, and we trade what the market provides. In New York, there was a potential short setup, but I invalidated it for two reasons: 1) the absence of interaction with the Asian high and equal highs, and 2) a long context on all timeframes. The hourly timeframe shifted to a short context, and I would like to continue working in the short direction tomorrow, as there is still a significant amount of untouched liquidity. Local targets are marked on the chart. Short positions are a priority in the morning. On the daily timeframe, we experienced a reversal movement after covering the imbalance.
by yes_pls_max
BNBUSDT Bulls in Control🔅BNBUSDT's price movements have revealed a compelling shift in two supply levels transitioning into key demand zones. Initially observed at $220, the resistance-to-support transformation is evident, indicating a robust shift in market dynamics. The subsequent level at $238 echoes a similar narrative, reaffirming the trend of supply turning into demand. Over the past three days, this support level has garnered consistent respect, aligning harmoniously with the ascending trendline. This collective pattern underscores the prevailing dominance of buyers, significantly bolstering the probability of an ongoing uptrend scenario. 🔅The continuous adherence to the present support levels fortifies our anticipation of a potential 15% surge in Binance Coin. Our prognosis derives strength from the identification of a formidable double Fibonacci resistance positioned at $270, which serves as a significant barrier to price movement. 🔅As long as the current support levels maintain their integrity, the outlook remains bullish, setting the stage for a probable upward movement with a calculated target of $270, signaling a 15% upward trajectory for BNBUSDT.
Long
by CryptoPAMM
EUR/GBP ShortEUR/GBP Short • If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
GBP/CHF Long and EUR/GBP ShortGBP/CHF Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. EUR/GBP Short • If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
1
Bulls at the Helm: ADA (Cardano) Defense of Key Demand Zone⚪ Cardano (ADA) has exhibited the resilience of bulls defending the critical $0.23 demand zone, which notably acted as a safety net on multiple occasions, particularly in August and October. ⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction. ⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
Long
by CryptoPAMM
LEVERUSDT Bullish Outlook with 40% Profit Potential🔅LEVERUSDT has established a critical support near $0.0013, exhibiting consistent respect for this zone since October 23. This specific price range now functions as a pivotal demand area, presenting a compelling risk/reward scenario for potential buyers. 🔅Our trade setup has already been shared in our channel, highlighting our intent to leverage this opportunity. Maintaining respect for this current support level significantly heightens the likelihood of a substantial uptrend. 🔅Anticipations are aligned towards LEVERUSDT surging towards the $0.0018 resistance mark, aligning with the 227.2% Fibonacci resistance level. Achieving this target could yield a substantial 40% profit, marking it as an attractive opportunity for traders. In essence, this analysis presents itself as one of the more promising buying prospects in the current market landscape.
Long
by CryptoPAMM
GBP/CHF Long and AUD/NZD ShortGBP/CHF Long • If price impulses up, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. AUD/NZD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
3
GBP/CHF LongGBP/CHF Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Long
by StewySongs
1
A LONG Bullish Run; But How Much Longer...?There is nothing as exciting as finding market direction and having the market play out in your direction and according to your plan and prediction. From last week, we saw prices retrace bearish in our 4-hour zone. On Friday, at about 1500 WAT, prices finally dipped into our zone and from there we knew it was time for the long bullish ride up. Because we were looking at the 4-hour timeframe analysis, our target was and still is the 4-hour liquidity above. Over the course of this week, we have seen prices soar all the way up towards our target liquidity. Prices are not there yet. They are currently just a few pips shy of our target. The question is, "Will the bullishness continue all the way up to hit our target?" I guess you know my answer already. Of course, they will. We are holding on to our trade perspective, our bullish direction, and our trade. We will stay bullish, and we expect the market to stay bullish too, until we hit our target. When that happens, then we can expect the market to begin to lose steam and, from there, look to reverse.
Long
by PanzyPips
Are We Bullish Again...?On this pair, we have seen the market give us some strong bullish potential. On Friday, we saw the market come all the way down to our 4-hour bullish zone, and from there, it began to reverse bullish. Yesterday, we witnessed the bullishness continue, and we looked to take a trade. The market went in the direction of the 4-hour analysis. The market went all the way to our 4-hour liquidity. We are expecting to see some bearish pullbacks today to drive prices all the way down into our bullish PB and ultimately into our refined zone. From there, we will look forward to seeing the market reverse bullish, and using one of our trade entry setups, we will look to get in on this trade. There is a possibility that the market will pullback for a bit and reverse without getting to our zone. But not to worry; when that happens, we will be ready to take a look at it and determine how to jump on the trade. So we are expecting a down move followed by an up move. The most important thing is that the market will retrace bearish into the PB, and from there, look to go all the way up to our liquidity target above.
Long
by PanzyPips
Some Bullishness, But for How LONG?Since last week, we have been looking to go bearish on this pair on the 1-hour chart. We sustained that bearish move, and we saw prices dip for a bit, all the way to the 4-hour zone. Remember, the 4-hour chart has been in an uptrend. So we were not exactly surprised when the market turned in the 4 hour zone and began to move bullish. Price is currently bullish on both the 4 hour and 1 hour perspectives, with our target being the 4 hour liquidity above. This is what the market is currently saying and playing out, and so we will hold on to this perspective until it says otherwise.
Long
by PanzyPips
Are We Ready To Resume Selling the EURUSD...?From last week, we saw prices rally all the way up towards the daily zone. This rally was seen as a retracement because, according to our analysis, we had come to see this pair to be in a down trend. With the price entering the zone,we expected an immediate reversal. The market showed some signs of reversal, after which we saw prices go all the way up to spike above our zone. Were we stopped out of the sell position? Of course, YES. But has the trend switched bullish with that move? Hell NO! For the main reason that the daily candle did not close above our zone, we would define that push through the zone as just a spike, and when we say spike, we mean that our bearish perspective on the daily is still valid. With that out of the way, we will now look at the 4-hour perspective. On the 4-hour chart, the price is in an uptrend. The uptrend is what brought prices all the way up into our daily reversal zone. And so we would expect the 4-hour bias to switch very soon to reflect the bearish reversal we are already seeing. How about the 1-hour chart? In the 1-hour, we have already begun to see some good bearish reversals. Yesterday, we got into a trade, that ran about a 1:3 Risk Reward Ratio before it u turned bullish. To be honest, that trade was take as a second resort. This is because we had refined our reversal zone to a much small area, and the market reversed yesterday without getting into the smaller refined zone. Are we suprised the 1st trade failed and the market began to rally again short term? Of course not. All along, our target had been for the market to come into the refined zone. Right now, to our greatest excitement and earnest expectation, we have seen the price rally into our refined zone, and so we are hands-on ready to catch the trade on this pair. Are we gonna jump in right away? By no means NO. The price coming into the zone is just one of several steps we follow to catch our trade using the panzy pips trading methodology. So guys, there you are with the EURUSD. We are finally in our zone, and we expect to see a good deal of reversal from this point. And when that reversal comes, we will be going bearish all the way towards our daily target way below.
Short
by PanzyPips
Some of the Reasons Why We Are Selling This PairThis pair has witnessed a large amount of back-and-forth swings in the last couple of days. We witnessed price fluctuations that resulted in a direction switch over and over again. Right now, we are going to ignore all other timeframes and look at this market analysis from a 4-hour perspective. On the 4-hour chart, we can see that the market is on a down PB from weeks ago. As of last week, we had marked out our zone in the PB from which we looked to see a reversal. Yesterday saw prices rally all the way up into our zone, and from there, as expected, the market began to show signs of bearish reversals. In a bid to catch that bearishness, we were able to jump on that trade using the panzy pips trade system. The trade is expected to dip all the way down to the 4-hour liquidity target below. Now it is also important to look at the charts from multiple timeframes at the same time, so forget my earlier statement that we would only pay attention to the 4-hour chart. You all should know by now that that was a joke. So let's look at the 1-hour perspective. On the 1-hour chart, the market is bullish, with 2 PBs to the top. The 4-hour bearish impulse has experienced a good amount of support around the 1-hour PB zone (the zone is not marked out on the chart, to keep the charts clean). There is obviously a good deal of support around that level, and we believe it is because of the 1-hour zone. We would be expecting prices to breach that level and continue to dip all the way to our 4-hour liquidity level. But where that fails and the zone holds, prices would be expected to rally all the way to the top to liquidate the 1-hour target, which is the 4-hour zone, while at the same time threatening the daily timeframe zone.
Short
by PanzyPips
GBP/USD ShortGBP/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
1
Tesla entered the Golden ZoneTesla is ready for another leg up: - NASDAQ:TSLA Technical Reasons: Tesla has entered the golden zone - between the 0.5 and 0.18 Fib retracement Money Flow Divergence on the daily Commodity channel index divergence on the weekly Stochastic Momentum switch on the daily Already +- 5% off the lows which shows buyer are stepping in RSI is exiting oversold territory Fundamental Reasons: Tesla had a +- 35% correction after missing expectations - This has now been priced in Tesla Cyber Truck rollout commencing this quarter Growing EV penetration vs Ice vehicles Growing demand and margins in the energy storage side of the business Continued expansion of production capacity (Mexico factory has the go-ahead Continued investment and breakthroughs in real-world AI Overall robust financial performance and cashflows Obviously the potential for infinite returns due to Tesla's Optimum humanoid robot** Trade setup Pending a confirmed breakout Entry between $204 to $209 Take Profit 1 - $230 - which will start filling the gap Take Profit 2 - $242 - which will complete the gap fill Take Profit 3 - $267 - previous swing high Once TP1 hits - move stop-loss to break even for a risk free trade Good Luck
NASDAQ:TSLALong
by TraderMagz