Trade Setup: AR Long PositionMarket Context:
AR has shown strong performance in the initial upward movement and is now taking support at the double bottom's neckline. This creates an opportunity to enter a long position with a tight stop loss.
Trade Parameters:
Entry: Enter a long trade around $28.
Take Profit:
First target: $35
Second target: $47
Stop Loss: Set at $24
📊 Monitor the price action to ensure the support at the double bottom's neckline holds. Be ready to adjust the setup based on market conditions and price behavior. #AR #CryptoTrading #TradeSetup 🎯
Tradesetup
Trade Setup: LINK Long Spot PositionMarket Context:
LINK has retraced down to the next area of support, providing a potential entry point for a long spot trade.
Trade Parameters:
Entry: Ladder into a long spot trade in the $13.00 - $13.50 area of support.
Take Profit:
First target: $14.50 - $15.30
Second target: $16.25 - $17.00
Stop Loss: Set just below $12.30
📊 Monitor the price action closely for signs of support holding and ensure to adjust the setup based on market conditions to maximize the potential upside while minimizing risk. #LINK #CryptoTrading #TradeSetup 🎯
Trade Setup: FTM Long PositionMarket Context:
FTM has retraced down to the next area of support, presenting an opportunity to enter a long trade. The price might consolidate in this support area over the next couple of days.
Trade Parameters:
Entry: Ladder into a long trade in the $0.45 - $0.49 area of support.
Take Profit:
First target: $0.60 - $0.65
Second target: $0.73 - $0.80
Stop Loss: Set just below $0.40
📊 Monitor the price action for consolidation and signs of support holding before entering the trade. Adjust the setup as needed based on market dynamics to optimize the trade. #FTM #CryptoTrading #TradeSetup 🎯
USDCAD → Trade Analysis | SELL SetupUSDCAD forms a false breakdown of resistance, reached the resistance zone, but was subsequently pushed back down.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
EURGBP Trade Setup following ECB Interest Rate Decision.Taking a look at the daily tf, price action closed above the last candle where we saw strong rejection following a retest of the descending support.
Today the ECB also left interest rates unchanged at 4.25%.
Even though this is a low risk to reward setup, I believe it has a good chance of becoming a winning trade.
Engage - The Set Up. Type of trading Day { The Trend Day}First Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
This is an Education Video explaining The Type of Trading Day.
There are 6 Types of Trading Day, In this video we will look deep into First type
1> The Trend Day
Key features:
Price moves in a clear and continuous direction
Pullbacks are shallow and limited.
Trading strategies:
Enter on first 15min Break out
Ride the full day and exit 15 min before the market ends.
Thanks
TradeplanNifty
BETA Flashes Bullish Hyper Scalper SignalWhat Happened? 🧐
BETA dropped ~40% after its massive 170% pump. The drop was driven by people taking profits and fueled by the Bitcoin crash.
Latest Performance 📊
Today, BETA does not perform as strongly as many other crypto tokens. Nevertheless, based on technical indicators, it flashed one of the most reliable signals on the 1D chart.
The Signal ⚡️
The Hyper Scalper signal combines several moving averages and the ADX and scans for specific chart patterns. It is mainly used to predict a continuation after a setback.
Backtest & Profit Potential 💰
Since the signal has only appeared once for BETA on the daily chart, backtests aren't reliable. However, the signal has an average reliability of 75%—85% on the daily chart.
The profit potential is calculated at 83%, pointing to the 0.12 area.
BTC - Update on my Short / Strategy I suspect that Bitcoin will break down and hit 7,000 to 10,000.
I’ve heard many remarks about this being unrealistic or impossible, but the reality is the chart is respecting the prediction and trendlines.
While bitcoin can execute a zig zag pattern (34,000 - 45,000 - 8,000) - it technically doesn’t have to.
If the TA pattern supports a move to be executed by a measured move, there is no way of stating what’s possible or not in the path towards that level.
As an update to my TA - I’d like you to encourage yourself to stay open minded that if that low level is hit, it isn’t an apocalypse - it’s a measured drop from a technical analysis pattern. Assuming this does in fact happen, most people would be too fearful to buy in at that zone - and I am in fact encouraging you to do that.
Suspect a resistance level is approximate around 55,700 to 56,000
God speed
BTC - Update on my Short and Critical moves to watch for This is a critical time for Bitcoin and that’s because of the US Dollar. DXY has shown a major breakdown on the 3 month chart, and is undergoing a bearish retest.
Here’s some crucial moves and pivots to watch for to determine where Bitcoin could go.
IF BTC STAYS BELOW 60,500 to 60,700
This is a more local bearish trendline on the daily and you can watch for a drop to 35,000.
There is a major bearish trendline at 43,000 that is a key level to understand.
If Bitcoin drops below the 43,000 level, I expect a zig zag pattern to form as follows:
60,500 to 35,000
35,000 to 43,000
43,000 to 8,000
Understand that what DXY is showing is an extended bull run ranging out 1-2 years. This is very significant as the market would have minimal time to recollect liquidity in these low zones. Therefor I am not ruling out anything as impossible so long as the chart is supporting it.
IF BTC RISES ABOVE 60,800
Watch for a rejection at 61,400 to 61,600 which is another potential bearish trendline that points down to the same lows around 10,000.
A rejection here is an indication in the intention to play this out.
Solana Hits Big Resistance and Drops to SupportGood Morning Traders,
It's important to review price action on Solana because it is our fourth largest altcoin (excluding stables) and does lead much of our altcoin market now in this position.
The inverse head and shoulders pattern is playing out thus far.
Solana touched my $122 support precisely before bouncing and rounding the bottom of our right shoulder.
The 200 day SMA helped to hold price for support.
Price then exceeded our .618 Fib fan level which intersected with a level I had drawn at $145. This now becomes support.
Price had attempted to move higher but there is great resistance ahead on both our price chart and the RSI chart below. Both charts show big areas of confluence that are acting as major resistance. If the bulls can get above these, we are then safe to tackle that neckline. Once broken, we should have a price target of $235-245 before more rest.
Don't forget, holiday weekends often give crypto a big boost. With the 4th of July being a big holiday here in the U.S., I would not be surprised to see price movement float up over the long weekend.
Stew
BTC can tap 7,000 to 10,000 and this is WHYDXY is completing a major bearish retest currently - on the minute time frames. This breakdown is a multi-month trendline, and what the DXY / Bitcoin correlation would indicate, is that we can expect an extended bull run of 1-2 years.
This rise in bitcoin has been a straight shot up on the high time frames. What this tells me is that this move is a bearish retest.
Identifying this trendline on BTC chart - price is underneath the breakdown line at 63,850.
There are many large open order gaps on the BTC chart below the current price. These open gaps are filled with long position stop losses. These are leveraged sell orders.
It is possible that Bitcoin will drop to hit 8,000 in a very short amount of time.
1. We are underneath the breakdown line
2. There are enough stop loss orders (leveraged sells) to create an automatic chain reaction of a drop to that low level. The lack of retracement on BTC over the last 1.5 years shows intention to leave these order blocks intact so that speed of this move is generated.
3. DXY indicates a justification for this move to occur as reason to drop a bearish pattern over a long term period isn’t showing.
I encourage you to stay open minded to this possibility.
I logically can see this happening very quickly.
Fetch.ai flashes bullish MACD signal on the 1D chart!FET has flashed a bullish MACD crossover on the 1D chart.
Based on backtests, the signal shows a solid probability of achieving more than 10% gains.
The signal calculates the profit potential even higher at a level of 34%.
However, based on the current chart, this would imply a break of resistance at $2. If FET manages to break through, a run towards $2.5 looks possible.
However, it might wise to take first profit at the $2 level — which still results in 20% gains.
Let me know your thoughts.
TRADE The CHOP: 3 Ways to Make ATLEAST +15% Choppy markets are identified by low volume and sideways trading / range trading. It seems uninteresting in most cases, but you don't have to sit around and wait for the next big impulse wave!
Here are three plays YOU can take during choppy markets:
1) 4H : Short Resistance
Chop trading can be a blessing - the price often touches the same support zone and the same resistance zone 2 - 3 times, before breaking out either way. This means that if you spot your zone early, you could take a short timeframe swing trade. Another way to find a trade is to look for gaps in the candles:
2) 4H : Long Support
South Africa is in a time of turbulence, and the Rand is weak as the country anticipates who will join forces to govern in the next two weeks. Analysts are expecting the Rand to hit R20 per USD as investors shy away from uncertainty.
But we can keep it modest and low risk with a 10x TP at R19 😉
3) Daily : SPOT Hold to TP Zone
Nothing like a classic low risk trade - but you may need some patience with it! If you're not willing to look at charts all day, or have alarms wake you up at 2:30am to take a trade then this is your style.
_______________________________
FX:USDZAR POLONIEX:SOLOUSDT NASDAQ:PYPL BINANCE:SHIBUSDT
Looks Interesting HereTraders,
Though the alts are waiting on Ethereum for confirmation of further price direction, Storj looks like it's found its support and local low here. It's been in this accumulation phase/channel since April and both the RSI and AO are suggesting is is time to run. Also, after breaking the upside of that huge bullish triangle, we have already gotten the retest out of the way. I don't know where it goes from here but I can imaging doubling would not be out of the question.
GBPAUD SELL | Idea Trading AnalysisGBPAUD is moving in a descending channel between the trend lines and Resistance area. Is near the resistance, where price dropped before.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
EUR/USD Intra Day/Week Play 28/05/2025On the monthly we are currently witnessing the formation of a descending trangle in preparation for a breakout to the upside if we cross 1.13093 or to the downside if we cross 1.04898. This level has been mitigated back in July 2022 taking all buy side liquidity in the process beofre returning to create the new support level to begin a new wyckoff accumilation pattern.
On the weekly we can see that price has been ranging btween 1.10082 (highs) and 1.07237 (lows)
When we head down to the 4 hour we can see that price has mitigated the previous 4hr bearish order block to then form a break out to the downside, it then returned to the break out levels further claiming all the sell side liquidity in the zone and is preparing for a move downward to fill the imbalance @ 1.07953 and tap into either the bullish order block at 1.07876 or 1.07459
This upward movement is also supported by the bearish candle crossing the 20ema to test 100ema with a pisitive reaction to the upside on the 4hr indicating strong buying interest.
In this scenario, we would look for an entry at 1.07856 with a stop loss at 1.07117 and take profits at 1.10107 securing a nice 1:3 Risk to Reward.
Let me know what you guys think.
Hope you have a great week ahead.
Happy Trading.
GBPUSD → Trade Analysis | SELL SetupGBPUSD is trading near the lower boundary of the descending channel.
The price has fallen under the dynamic support, which now acts as resistance.
We expect the decline to continue after testing the lower boundary of the channel.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
ETH - Short Details I have shorted ETH from the current price of 3,860 suspecting a substantial drop - aligned with my recent Bitcoin ideas - prior to the forex market beginning the week.
DXY is showing a bearish breakdown on the one month - leading the way of a lengthy extended bull market.
I suspect that prior to this upside, BTC and ETH will be liquidating out long positions and dropping substantially.
USDCAD wedge patternThis pair is forming a bullish wedge pattern. The price is likely to break out to the upside in the near future, presenting a potential buying opportunity for traders looking to go long on this pair. However, currently the price is at a support zone, so we consider buying. Our target is 1.37266 price area.We anticipate a potential rebound from this support level, as historical price action suggests strong buying interest in this area. Traders looking to capitalize on this setup may consider entering a long position with a stop-loss below the support level for risk management. The target price of 1.37266 presents a favorable risk-reward ratio, offering a clear objective for profit-taking. Monitoring price action closely and adjusting the trade as necessary based on market dynamics will be crucial for maximizing gains in this trade setup.
GOLD: First red day!Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
The last Thursday and Friday we saw gold performing a good pump, failing the breakout on Monday, triggering short breakout traders in the market and closing out of balance and as a first red day. Remember that a market out of balance can stay out of balance and expanding itself indefinitely!
DAILY TEMPLATE (15min chart):
The market is still inside the previous high low range, although we have shorts in the market, no OTF have been triggered yet, but news will definitely change many things.
THESIS :
I have either a long and short thesis for gold today, depending on the setup we are gonna get:
1. Short thesis: FRD signal, if the market pumps up till Friday closing price or previous HOD, consolidating at that level, I will be looking for a short trade, potentially even back to the previous LOW.
2. Long thesis: noting that since Friday the market has been dumping and consolidating around the current LOW, I could be looking for a scalping long if price dumps into the yesterday closing price.
SETUP :
Short: pump into Friday CP or previous HOD
Long: dump into yesterday CP or yesterday LOD
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni