AMZN - To Test SupportAMZN sell volume is still high and on the downside, it will retest 110 support level before rise to resistance at 132.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
Tradingstrategy
XAUUSD INVALIDATED ITS BULLISH VIEW? BELOW 1670 TARGET 1637Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level.
Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction.
As I said at previous idea Mar 22, 2021,
"Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level.
Break below 1660 would invalidate its bullish view."
Now, XAUUSD break below 1670 and 1660, invalidated its bullish view.
If XAUUSD Hold Below 1670 then its Bearish Continue To Target :
1637, 1534, and 1200.
Resistance at 1740.
BTCUSDT - BuyHello traders!
Today I would like to share with you the long-term analysis of BTC that I am preparing for and also now you will know the reason why I am still bearish on lower TFs (W, D). Still until we reach some of the highlighted zones on BTC, I'd prefer to look for medium-term selling opportunities.
IMPORTANT WARNING:
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Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume (again 25%)
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Daily analysis and trade setups on NASDAQ 20220809Happy Tuesday,
Macro : US Nonfarm Productivity, Unit Labor Costs
NDX is making rounds in the zone waiting for either leak of CPI today and/or official CPI tomorrow
NQ_F's line in the sand today is 13260. Bulls want to go above 13380 and bears want to push it below 13k handle.
Buy
Break: 13225, 13350, 13435
Reversal: 13090, 13000, 12930, 12860
Sell
Break: 13115, 13020, 12950
Reversal: 13240, 13375, 13450, 13535, 13610
Green Goblin levels are here >>>
Fibonacci confluence levels are here >>>
xaauusd bullish potential on xauusd it has reached the closest supply and has the potential to continue its decline but below there is still fresh demand more or less it will be a good enough block to hold it temporarily but unfortunately today is the first Friday of the week where nfp will take place so I think this is quite dangerous to do purchase even though there is potential with minimum risk there
Cult Dao continues to impress me from a technical perspective! Traders,
From a technical perspective CULT DAO remains absolutely perfect. So, in this video, I will both do technical analysis on this coin and I will also use the chart to show you how I will trade this going forward.
Best to you all!
- Stewdam.us
xauusd simple trade idea simple analysis for gold, at this point we see that it is already in the demand area and also has a fairly good probability potential because it is in a large timeframe demand area but needs to be paid attention to on a smaller timeframe and you can speculate that gold will retracement towards supply zone for the next two to three days
The PIK Trading Strategy & Key Lessons for Day Traders!Hey Traders!
Happy Sunday!
In this video, which ends a little earlier as I didn't know videos have a limit, we go over a few key points, starting from the PIK trading strategy which you guys will hear about much more over the next few days, mindset, motivation and guidance is covered too!
When it comes to the PIK trading strategy, we go over the indicators that are used, price action and key levels!
The video isn't our best one, but it does have plenty of value and we hope you enjoy it!
Thanks and all the best!
usdcad fakeout master set up usdcad is preparing to form a fakeout pattern with three resistances and a fairly small fakeout area. I'm trying to minimize my area to get a good enough area. From the h4 timeframe I scaled down to the m15 timeframe and found a point that was quite optimal with low risk. enough to use SL only 20 pips with a high risk reward ratio of approximately 1:10
note : minimum risk and reward : 1:2
AUS200 - Bullish StrategyAccording to chart analysis, We can see a bullish trend and a double bottom but there is a resistance that needs to be broken, and make sure to ride the trend because there is a bearish divergence on RSI.
Plan A: Long
Entry: 7613.3 (Current)
SL: 7524.6
TP: 7755.6
Plan B: Long
Entry: 7663.4
SL: 7561.4
TP: 7904.3
TRACKING MARKET MAKER BOTS TP EDITION- MUST READ!!Mater Jedi`s, Sith Lord`s and Padawan`s
Tonight I show you in in depth details How I use the Sith Hunter along with other indicators to set up a trade after tracking the Market maker whale bot and using multiple confirmations to confirm whether my idea is correct. The trade is still ongoing.
1. April 18th 11 pm EST the Market maker BOT entered the market.
2. April 19th 10 am the Market maker BOT entered the Market .
3. The RSI on 5 timeframes at this point is super oversold.
4. The coin has broken 5 resistance levels and flipped them to support(Green Lines)
5. The coin has risen 15% in 2 hours as the Market maker is building short positions, Lulling retail traders to Fomo in trapping there liquidity at Higher Prices (Padawan`s this is a fatal mistake).
6. Then I post the signal with my entry band being at the 3rd resistance level and My confirmation is rejection here and I am in at the top because I am waiting.
7. Then you move your stop Loss to entry while u ride that rejection wave down. Because you entered higher, You adjust and take some profit earlier.
9. This is just one method you can use confirmation Trading along with tracking the Whale Bots to create a trade
10. I invite you to read the rest of my series and the indicator is below.
May the force be with you Jedi. I am coming for you Sith and my Lightsaber with me.
AUS200 - Trading StrategyAccording to chart analysis, it is a bullish rectangle breakdown so it can be a bullish ride so we have a breakpoint at 7646.12 to make sure. If it did not test this point then strategy 2 will be short.
Plan A: Long
Entry: 7646.12
SL: 7567.88
TP: 7725.74
Plan B: Short
Entry: 7510.22
SL: 7567.88
TP: 7414.14
EURUSD - Trading StrategyAccording to chart analysis, it is in a bearish trend because of the trendline but the divergence is bullish in RSI and the falling wedge, Double Bottom is detected.
Plan A: Long
Entry: 1.08361
SL: 1.08131
TP: 1.09138
Plan B: Short
Entry: 1.9222 (Current)
SL: 1.08213
TP: 1.07549
Plan C: Short
Entry: 1.07569
SL: 1.08131
TP: 1.06806