Zones
IOVA relative strength compared to SPY! HOMERUN ?!Hi traders,
I would like to share my yesterday´s trade in the IOVA market. We can easily see some relative strength compared to the SPY. (especially during the Coronavirus crisis) -> Long sign.
This market went up with confidence and Insiders increased their LONG positions => they believe that their company will rise.
So If you want, you can take the trade as soon as the markets open.
Good trading,
Jakub
FINEIGHT
GBP AUD Selling in playWe have our sell from Friday - it is important to note the supply is in the purple box showing where the supply block and wicks are located.
1.865 showed us the real volume wicks where the orders were hiding.
We sold due to price kissing the true zone of orders and a great indecision candle
Lower zone had a great doji which is what we needed to draw the zone.
We are risk free and will look for a sell again next week.
If you like our work, leave a comment or like.
Thanks,
Lupa.
EUR/USD ShortLooking at a short on eurgbp as you can see we have had a false break and a break of trend. looking to target major support for tp
Zones and more zonesExpecting EU to drop right into the fresh Weekly Demand and into the daily demand shooting price up to weekly supply
Supply and Demand On EURJPY >>4 Hr ChartThe daily trend go to be a uptrend and trend is changing from downtrend to uptrend so what will happen show up in the chart
the price will retest then go to down support level then after go to uptrend
Silver Short from Institutional SupplyDear traders,
I am currently short XAGUSD, my reasoning for this position are the following confluences:
- Quarterly, monthly and daily supply zone
- .75 Fibonacci retracement
- M50EMA acting as resistance
- Daily high-test candlestick
I will be targeting the trend line for a RR of 1:1.5.
Best regards,
Don Deesker
EURUSD getting ready for liftoff?EU has rejected a major zone for the second time. We should see about 15pips to the downside to retest a lower zone, it is here where we wait and watch price action. If we can have confirmation in either a Pinbar, Bullish Harami, or Engulfing, expect this bad boy to take off to the moon, or at least our atmosphere ;) However, if we break through the lower zone, get ready to watch this fall into a cave yet again. As always, be fluid traders.
EURNZD short trap!Notice how price is breaking the 2H zone, yet approaching the Red Line (4H S/R Level)? This will entice many traders to come in and short here seeing that heavy resistance. For those that i teach and know my Zone Strategy, we will wait for the break & retest of the zone, then will go Long eating up all the retail stop losses :). As always though, If we see rejection here at this zone in the form of a Pinbar, Bearish Harami, or Engulfing we will Short. Price action is king, and we are fluid and open to changing bias on the drop of a dime. Beautiful set up none the less. Enjoy traders.
USDCAD LongWe currently have USDCAD breaking a 4H S/R Level and we should see this go another 90 or so up to retest previous resistance. I have charted the 2H Zones it is trading between, feel free to ask me any questions.
EURUSD Bias Personal Bias on EURUSD for the coming week of 3/10-3/15. #BullishExchange
Please like and share my analysis.
EURAUD Swing LongEurAud is showing a nice double bottom for a swing trade. It just tested major support and is soon to be flying back up. The pair has divergence on all time frames. I've marked up all zones it needs to break through and can be used for added positions.
You Ready For The Bottom?We are still in a huge downtrend zone. Good news is it will end in a few months. Bad news is whales want your coins because of the halving. A major Fibonacci zone coincides with the halving, what are the chances of that? One more shakeout to test the strongest hands and end the multi year descending triangle.
Are you ready warrior?
Ethereum Major Trend & Reversal Roadmap Until 2022Using Fib Time zones. Going into halvening with major momentum. We are at a major zone time period right now. Going to see how this turns out.
CADJPY LongHas an Inverse Head and Shoulder and is respecting support of trend line. Expecting it to push up and complete the pattern. It has one zone to break and once that's broke, it's gone. But, expecting a 50 pip move upward.
Using support and resistance for a long position on USD/CADThis is my first time publishing a strategy so let me know what you think of my analysis, I used trend lines and zones to mark the support and resistance so I can have an idea where price could go on USD/CAD 1HR and 4HR time frame.
GOLD broken out of zonewe have been stuck in this Zone now a break out to the down side
what is your thoughts on GOLD from here?
Crucial Zones Testing In BankniftyLook at the bigger picture.
On the chart itself Banknifty is stuck between a significant support and resistance zone. For all those who are waiting for going long on banknifty, a close above this level might decide the future. Also, if you look at RSI it is in the key support zone . If RSI trends upward after taking support at this level long positions can be initiated. On lower time frame if the ascending triangle breaks successfully then upward momentum will be confirmed. ( There might be chances of triangle breakout failure for short term as seen in USDINR)
This setup might take a few weeks to occur or could never happen if the above zones break easily due to any reason. Wait for confirmations then initiate a long position in this scary bearish market only if you believe in your setup.
This explanation is only for educational purpose and isn't any kind of recommendation. Don't take any action based on this explanation itself. Consider your financial advisor before taking any trades.
Thanks for your time. Happy Trading
Prediction For USD-JPY (BUY)As we see from the chart based on 4H time frame we had a downtrend which then started consolidation. As you can see price hit my roof and floor multiple times during this consolidation which now leaves me to believe where price is now resisted my floor and looking to make its way up for a BUY.
SELLPrice has fortunately dipped in our zone however it has already started bouncing out and most of us could have missed the trade but provided we get a small correction we can get into the trade or add on it .Watch it play ,small targets 30 pips .
Bitcoin Levels April 2020Bitcoin is currently standing between the weekly open and monthly open levels. Quick analysis of the levels anticipates the following levels:
March Open - 8523
April Open - 6412
Weekly Open (20 Apr '20) - 7121
Yearly Open - 7195
BINANCE:BTCUSDT
In case of a candle close above 7450 - 7500 it is quite certain to expect the next zone at 7600 - 8100 to act as resistance.
With 17 days before the halvening on the Bitcoin block reward, we might expect volatility on both sides.
Let's see how we progress.
Eyes on the prize!
ALKS - INSIDERS SHORT sign + SPY WEAKNESSHi traders,
I am going to share yesterday's trade with you, that we opened in our accounts. It was a SHORT in a market that is in a pretty nice downtrend.
You will probably have a question - Why do you open short trade in this falling market?
Because INSIDERS increase their SHORT positions - and that´s a SHORT sign ! Trading with them is much easier than against them.
In the video, I focus on the volume profile too, and how to use SPY for the confirmation.
Trade parameters ( NASDAQ:ALKS ):
Direction: Short
Entry: 15.90
Stop-loss: 18.44
Profit target: 10.79
Good trading!
Jakub
FINEIGHT
