Buyers visible in the market. Failure to make a new low. It's time to get liquidity from above. Potential 3 R and more.
Gold formed a trible top and made a strong push lower under heavy volume yesterday. a nice short trade entering the 1H FV zone. Potential over 4 R
I expect the S&P to expand back to a value zone. On a daily basis, the price was closed above the 50% retracement of the previous downturn. Entry Long Market - Stop below yesterday's low. RR = 2.4
The current weakness in the CHFJPY shows no end. Opportunity for a trend continuation trade with over 2R potential. 4 hour MACD turns negative on histogram, volume delta negative. 4 hour Value Zone is currently attacked. Enter Short <= 169.20 OR 4 H Close < 169.50 (Value Zone 4H) Stop >= 170.35 Target at weekly and monthly levels. 166.50
4 H Supply Zone Short Trade RR = 2.4 Target below 30 Min Value Zone and 15 Min FVG
In the AUDUSD there is a run in the 4 hour Supply zone with an FVG under it. Risk Reward 2
EURGBP made several attempts to break through higher today but failed. Short position with Risk Reward 2 an more.
US 500 CFD The target projection for the S&P results in a target of 5428, which is in the area of the 70% Fibonci retracement. It would be quite possible for the price to test the low again in the 5090 area. But for this trade I assume that a good premium area will be reached first. I open a long trade with 2 entry points. A market order and a second limit...
The EURUSD has been in a highly overextended move since Friday. The NFP data has played its part. Now it's time to average the price again. Today Monday the EUR is already at the top of its average fluctuation range. I go short with 2 positions. 1st opend market and the next at 1.1012 Limit sell. Stop for all positions > 1.1034 There is a possibility that...
Bitcoin is creeping lower and a downtrend appears to be establishing itself in the medium term. But I still think about all-time highs this year. However, I don't currently want to forecast the low before the all-time high. Last week was difficult for long positions. I was stopped out on trailing with small profits and also had a losing trade. I also think...
Bitcoin is forming a bullish hammer on a daily basis after taking a lot of liquidity. There was a strong upward reaction, which shows that a lot was bought here at these low prices. Long towards all-time highs. Very good risk reward.
I'm in a new long position after the new lows today. I think it was a false breakout. The volume delta shows that the downward move has been exhausted. But my all-time high expectations have changed. It could be that it goes down again before the all-time high. Scenario can be seen in the chart
My opinion for a possible scenario. Visible on the chart. Entry long on 2 partial positions. Weekly Delta Positive and Rising. 15,30,60 minutes just before positive. At the very least, I expect a small push upwards today. It remains to be seen whether this upward push will last. It could be that there will be a setback. Visible on my chart markings.
Today Friday there is a nice 3 to 1 risk reward opportunity in EURUSD. As written in the last post, the bias in the EUR is long. Limit Long @ 1.0841 Stop @ 1.0824 Target @ 1.0886 More information in the linked post
Long with Cluster Zone as target. Position split to 2. First order market. 2 orders below the range that had formed in the morning, at a low of 1.0825. 2 Build an order with a limit in the market or gradually over several partial positions. Below the low are several old value zones that should provide support. There are also some important dates on the...
Build Short. EUR has encountered resistance and the end of the week is coming. At the very least, expect a slight pullback into the area to 1.0905. News could still provide a push higher today.
Nice 1 to 2 reward for patient ones. Because it could take longer until there is movement again. I'm taking this long trade again. CHFJPY has been in a range after the pullback for 10 days. Buyers apparently accumulate at these levels. Minimum target is the 61.8 retracement. Fundamentally, the yen has not improved. Therefore a good long in my opinion. Trading...