Zones
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
INSIDERS enter the GAME! - let´s FOLLOW them!!Good morning traders,
I am going to analyze the 2 markets that I opened yesterday. The really fantastic amazing thing behind these trades is, that INSIDERS open their positions too .
And what´s the truth about them?
They have the BEST information about THEIR company . Neither you nor I can ever know what's going on inside those companies.
So if you see INSIDERS increasing their LONG positions in a bull market , prepare for a nice RALLY .
And finally, if you see INSIDERS increasing their SHORT positions in a bear market , prepare for nice SHORT trades .
List of trades:
1) NYSE:EDU
2) NASDAQ:FFIV
Good trading,
Jakub \ FINEIGHT team
GBPUSD analysis on H4GBPUSD is at a strategic support level on the 4-Hour chart on the drawn trend line. the currency pair has shown a strong up move in the recent past and minimal bearish moves. Our stop loss will be placed at 1.24669 while out take profit will be placed at 1.26208,1.27701 and 1.29580 respectively.
This post does not provide financial advice. It is for educational purposes only.
EUR USD SHORT 200+ PIPSStructurely on the HTF we are at monthly and weekly LH the trend has been strong for a couple years
weekly time frame we see a Potential H &S and a retest of the weekly and monthly LH
Daily we see price stalling in the zone
H4 where the entry is at the top of the consolidation
moniter H1 and lower for LTF transitions to continue entering
NFP tomorrow will be crucial
anticipating dollar bulls
Continue to but EURUSD EURUSD broke the descending triangle...Buy at 1.13289 first take profit at 1.14044 and second one at 1.151162.A friendly advice is that wait for the bullish right flag formed in the 1 hour time frame to be confirmed then but after breakout.The marked triangles are respected zones,see what patterns are formed in smaller time frames then move stop losses up or re-buy.