DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 15398 (stop at 15461)
Trend line resistance is located at 15530.
Offers ample risk/reward to sell at the market.
Daily signals are bearish.
Bearish divergence is expected to cap gains.
A higher correction is expected.
Our profit targets will be 15224 and 15204
Resistance: 15530 / 15600 / 15650
Support: 15500 / 15400 / 15300
Tradesetup
EURNZD Sell the break setup.EURNZD - Intraday - We look to Sell a break of 1.6319 (stop at 1.6351)
We are trading at oversold extremes.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1.6320.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.6231 and 1.6211
Resistance: 1.6370 / 1.6400 / 1.6440
Support: 1.6330 / 1.6300 / 1.6270
GBPJPY Sell the downtrend.GBPJPY - Intraday - We look to Sell at 157.95 (stop at 158.23)
Daily signals for sentiment are at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A higher correction is expected.
Trend line resistance is located at 158.00.
We look for a temporary move higher.
Our profit targets will be 157.11 and 156.91
Resistance: 157.70 / 158.20 / 158.50
Support: 157.40 / 157.00 / 156.80
DXY reaccumulation! Short term long!Hello my beauties.
It looks like DXY is forming a reaccumulation on a 4hr chart. I will wait for the price to retest the spring and if the test is successful, I will expect the price of the dollar index to jump above the trading range to provide us with a new multi-month high above the trading range.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
USDCHF Buy the support.USDCHF - Intraday - We look to Buy at 0.9224 (stop at 0.9209)
Pivot support is at 0.9230.
Bespoke support is located at 0.9220.
Daily signals are mildly bullish.
We look to buy dips.
Dips continue to attract buyers.
Our profit targets will be 0.9269 and 0.9279
Resistance: 0.9250 / 0.9260 / 0.9280
Support: 0.9240 / 0.9220 / 0.9200
Example of WTI Crude Oil 15 mins Wyckoff distribution!Hello my beauties.
For educational purposes, I wanted to publish yesterday's price action on USOIL, as a 15 mins Wyckoff distribution played out perfectly.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Suncor - an ideal candidate for Day TradingThe upward price pressure from the commodity versus the negative sentiment for the company make this a great candidate for day trading. As the gap grows between Suncor and its peers there are bigger opportunities to win on the overnight and morning dip/ afternoon dump.
BTC SHORT TO 52K AREAThis is my new short setup, had to exit from last setup because price action seemed like it could go up more at that moment.
We had a bounce from 50 MA but on 4h but I do not think this correction is done yet. Because, we need to go at least 52K to achieve 0.618 level. Then, we can complete second wave and start third wave upwards. With just 0.786 bounce and up from here will not work in my opinion.
I can be wrong, but this needs to correct more even if it goes a little higher.
GBP/CHF Accumulation Schematics!Hello my beauties.
I think GBP/CHF is on its way to complete an accumulation, which will lead the prices up strongly. I would buy on a successful retest of the trading range in red, after it has been breached.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
CORN ACCUMULATION AFTER DISTRIBUTION!Hello my beauties.
I think the price of Corn is on its way to complete an accumulation phase. If the price breaches above the red trading range and successfully retests, I will enter a long position before the markup.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
BTC DISTRIBUTION ACCUMULATION! Previous analysis was right.Hello my beauties.
I'm going to put my previous analysis in description, where I suggested a buy signal around 40k. What I would like to say is that it really isn't a good idea to go short on BTC at the moment, and that given the momentum it will most probably create a new ATH (all time high). I want to add that the price seems to be stopping around the previously defined trading ranges (red horizontal lines) and getting reactions from them, like stop hunting or sudden inversions to create liquidity.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
GBPAUD long is moving quick ⏫🙌Trade details for current trade are shown on the chart.
Trade has been live since 6:15 UK time and we are using our POW reversal script.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trades can be seen on chart also.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Omisego Sell a Break setup.OMGUSD - Intraday - We look to Sell a break of 13.698 (stop at 14.211)
Short term bias has turned negative.
As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.
Prices have reacted from 18.20.
We look for losses to be extended today.
The previous swing low is located at 13.75.
50 4 hour EMA is at 14.10.
Our profit targets will be 12.262 and 11.828
Resistance: 15.000 / 16.000 / 17.00
Support: 13.80 / 13.00 / 12.00
GBPJPY Sell a break setup,GBPJPY - Intraday - We look to Sell a break of 153.66 (stop at 153.91)
We are trading at overbought extremes.
A higher correction is expected.
Expect trading to remain mixed and volatile.
The bias is to break to the downside.
Our profit targets will be 152.92 and 152.72
Resistance: 154.20 / 154.35 / 154.50
Support: 153.90 / 153.70 / 153.00
ETH Sell a break setup.Ethereum - Intraday - We look to Sell at 3338 (stop at 3421)
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
3680 continues to hold back the bulls.
Trend line support is located at 3400.
A break of bespoke support at 3400, and the move lower is already underway.
Our profit targets will be 3103 and 3033
Resistance: 3500 / 3600 / 3680
Support: 3400 / 3300 / 3200