Weekly WatchlistGood day, dear traders!
There is our weekly watchlist short analysis.
According to the situation with Bitcoin the market is in a kind of flat.
However we do have interesting formations that possibly can gives you a cash)
Watch this video and add these coins to your watchlist if you are also interested!
Make sure to follow your money management and have profitable trades!
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And always remember: "we don't predict, we react".
Tuesday
EUR/GBP - 02/03/2021Morning traders,
Hope everyone is having a fantastic morning. I thought I would share a pair that has been sat on my watchlist all morning. I have been monitoring this pair for the last 2 hours and seen that price has started to present bullish structure. We see price creating higher highs and higher lows. I am expecting price to hold the retest level marked which it seems to be doing. We are seeing a nice wick rejection into this level that also aligns with the trend line we have drawn in for added confluence. As long as price maintains this level and continues to show a depletion into this zone then I will be looking for buys.
CAD/JPY - 23/02/2021Good morning traders, hope you are all having a fantastic morning. Just recently entered my first position for the day.
(H1) - Mini structure break and retest in between the current high and low. Should see continued bullish momentum as we have just recently come off a strong double bottom.
(M30) - Nice strong rejection coming into the key level followed by a bullish momentum with a wick rejection too. As soon as the candle opened price began to fall so I set a buy stop to catch the momentum coming back up.
Currently sat around breakeven/ slight loss will see if price continues to hold this level.
NQ Power Range Report with FIB Ext - 1/26/2021 SessionContract - CME_MINI:MNQH2021
- High - 13474.50
- Low - 13450.25
Evening Stats
- Gap: = N/A
- Session Open ATR: 204.61
- Volume: 13k
- Open Int: 230k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13500
- Short: 12750
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NZD/CAD - 06/10/2020Lower high has been created on the H4. We have multiple confluences to support shorts on this pair which include the multiple wick rejections around the lower high and price attempting to break for a second time to form the double top. I will be waiting for the neckline break and retest for entries on the hourly.