NASDAQ will Go Up SoonFinally found perfect Change of Character before break the swing level 11500 & pull backed from 11030$, as humans can't live without water same as market can't move without liquidity. Finding Perfect Order Block Entry for Long.
Tradesetup
Crude Oil Change of CharacterAs we can see Price Action, clearly seen Change of Character in Crude Oil after a Big Fall. Now we are waiting for order blocks where market liquidate the most traders and pick the Limit Orders.
Uptrend channel As you can see AUDJPY has been trending in uptrend channel for more than 15 days and making higher high and lower lows prove of uptrend and now he is at support all we need is just candle confirmation from 95.200 and we can go long to 96.500
If you liked my idea like it and comment your opinion
Good luck all☺️
21/08/2022 BTC Trade Plan - Trade HuntersThis a trading plan based on the symbol BTC/BUSD - Binance . TA provided by Shade from Trade Hunters .
All key levels and trading zones are marked in the chart (with all confluences noted in each zone).
*not financial advice.
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a --% chance Bitcoin will Rise (please read prior idea for uncertainty on today's trades ) from our current entry point.
📈 LONG BTC - Entry Price : $21,350📉
💵 Length of trade: we are expecting BTC to hit a $200 scalp, with a high end of $--- (Refer to "idea" BTC Important Levels + Fed "idea" for targets) and a minimum expectation of $---.
🕰️ Duration of trade: Our indicator gave a 70% chance for BTC to rise. Though with the Jackson Hole speech coming at 10am EST, fundamentals and timing are not normal today.
Bitcoin , Important LevelsA Breakdown of Important Levels for Bitcoin.
Moving Average, Fibonacci, and Exponential Moving Average Levels
ETHEREUM WEEKLY REPORT Hello fellow traders!
Yes, we have been on a bearish run for some time, but it seems like the crypto market is trying to pull back.....and its showing. As you see, ETH has been on this slow progressive positive run, riding this channel perfectly. This momentum can lead to a big positive bull run soon or the complete opposite.
ETH is looking good and steady based on the slow positive climb its attempting. The crypto market is hostile as we all know, so please do your own research and trade responsibly.
$NZD - Where to next? ST$NZD - Where to next? *ST* Idea!
Pattern: Brewing a C&H or we could be range bound and then re-test of the support.
Key tip: Keep an eye on the CH descending
Have a great week ahead,
TJ
CPNG views. Since the stock is at a good support that was created just before their earnings, the stock might go up to 19.6 and then fall back(primarily due to global data).
Considering the company is expanding Financing, OTT, fresh, owning the supplychain, logistics. They have a good potential to grow.
Disclosure: I own this stock in my investment portfolio, it looks good in the long run.
I'll the short this stocks in my trading account once it reaches 19.6.
Bitcoin Day Trade Setups, Scalping EntriesBitcoin Scalp Entry, with a Swing Trade Option for a bigger time-line
🖥️ We have determined there is a 70% chance Bitcoin will rise from our current entry point, for a scalp. 60% the Swing Option
📈 LONG BTC - Entry Price : $23,450 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $600 and a minimum expectation of $250.
- ⤴️ With a possible Swing Trade forming with a high end profit of $1000
🕰️ Duration of trade: we are expecting this to no occur within 5 hours of this signal, with a maximum duration of 10.5 hours .
- ⤴️ With a possible Swing Trade duration of 27 hours.
🏛️🗞️ With the U.S. Federal Reserve news coming out today, it created a dip in the market.
Generally this year BTC has dropped, then rose above its initial fall point after Fed news was announced. That is why we are still holding our Long from yesterday while Entering a second position.
EURUSD long trade UPDATEStill monitoring around support but hold stops at break even now as I don't want to stay stuck in a consolidating zone. Wouldn't be surprised to see a break as you must keep in mind overall direction.
Working Out A USDCAD Trade Idea I don't normally compare many markets when analyzing currencies, but I thought I'd try something new. Apart of being a trader is pushing yourself to try and track the results if you'll succeed or fail overtime. This is my first step forward trying this out. Let's see what happens.
Markets I'm using?
* Dollar Index- Indicie
* USOIL- Commodity
*USDCAD- Foreign Exchange market
The idea is USDCAD will continue back to the previous low. Price is already testing my estimation zone(my created name to my trading strategy). If price closes bearish today I will enter the trade.
What will invalidate the sell?
As I am not in the trade yet, if price closes bullish I will not enter the trade. If price passes the last high at 1.29844, I'll know price has reversed.
FYI: I am a swing trader who trend trades and trades based on the supply and demand of price. I don't use patterns, alot of indicators, or many candlestick formations. I keep my trading as simple as possible so I can see price action.
Thank you for reading and watching the me analyze this trade idea!
$EURGBP - Trade Idea!$EURGBP - Trade Idea!
It's been a good trade to pair considering the weakness of GBP. However, shorter term trade idea a break to either direction. There are plenty of other EUR minor pairs brewing for great R/R trade opportunities.
Regarding data front we have: GBP - CPI, US - Retail Sales, FOMC mins, Unemployment claims and much more out AUD & NZD.
Have a great week ahead,
TJ
My expectation of currency pair GBPJPY , next week My expectation of currency pair GBPJPY , next week .
If the candles suffer in this area, I am looking for a buy setup in it . ("GBPJPY" 30 MIN)
(personal opinion)
Daily analysis and day trading setups on DAX Ger30 20220812Happy Friday,
Bulls are trying to reach for 14k handle while bears are barely holding their shorts (full on pun intended)
Line in the sand for DAX today is 13580
Macro EU Industrial Production, GB GDP Estimate, US Michigan Cons. Sentiment Index
Buy
Break: 13690, 13760, 13830
Reversal: 13660, 13580, 13520, 13430
Sell
Break: 13670, 13600, 13530, 13430
Reversal: 13710, 13770, 13840, 13870, 13940, 14k
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
EURGBP - BREWING$EURGBP - BREWING
These past months even though its a summer, there have been so many great opportunities and here is another one - EURGBP
C&H brewing, if we break above and out of this channel - bulls are firmly in control and expect this C&H pattern to brew nicely to key resistance zones.
Enjoy 🌞
TJ
IMBBY Ready For A Bullish PopLooking for a near-term bounce here for Imperial Brands. IMBBY with Two + years of bullish trading. Also, formed a bullish Pennant clearly outlined in price action. Risk-Reward on this looks solid, waiting for a pop higher for IMBBY then a retest below 22.50 support, then going to enter a long to try to capture that big move to the upside.
IMBBY needs to cross above the 200-day SMA (depicted in neon green), in recent trading the 200-day has acted as a very reliable trend resistance line and it must be surpassed before a major move to the upside is possible for IMBBY. Stop loss is firmly set at 20.00, right around the bottoms of the support trend areas.
IMBBY should work. Even in this volatile market.
IMBBY's winning characteristics: Cheap valuation, Solid balance sheet, high dividend payer, an international scope of business, and a line of products that have highly insensitive demand.
As always this is not financial advice. Good luck!
Possible $LINK movement Expecting price to get to the &9 zone before retesting the $7 zone, wait for confirmation on the 4hrs TF.
Apply risk management. Best of luck
USDCAD Long: Excellent Buying Opportunity To Take Now!USDCAD is giving us an awesome entry to go long. The trigger for this trade is an ending diagonal pattern (the wedge shape between the dotted lines).
Why do we like this setup do much? A diagonal pattern is a sign of exhaustion. The choppy, shallow-sloped, overlapping price action is an excellent sign that price is weakening, and is due for a change in trend. Clear momentum divergences on the MACD and RSI support this idea as well.
On top of this, the pattern comes at the very end of another pattern we love to see: an expanded flat (as outlined by the (A)(B)(C) labels). This gives even more confluence to our idea, as a flat pattern is one of the core corrective patterns we trade here at Parallax.
Exactly how you enter is up to you. You can enter now, or wait for the highs around 1.2950 to be breached first. Regardless, the invalidation level for this trade is 1.2766; price must not move past that level for this wave count to remain valid.
This trade setup was created using the rules and guidelines of the Elliott Wave principle. We love the Wave Principle: it's our #1 choice when it comes to forecasting and technical analysis. We strongly believe that no other trading system gives you the same level of confidence when trading. The wave principle provides a rules-based approach for trade entry and exit, as well as active position management.
At Parallax, we focus on wave analysis and 1-on-1 education to build a foundation of skills that give our clients the edge.
We trade Crypto, Forex (FX), and equities. We keep our analysis simple, clear, and easy to execute. Comment below if you would like to see more trade ideas, Elliott wave analysis, and market updates.
AUDNZD short trade potential presents 📉My second alert of the afternoon comes on AUDNZD.
Reversal trade identified and entered.
Working 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Fancy knowing how I identified this trade you know what to do.
Thanks for looking
Darren🙌
