IdealabTrading

IdealabTrading

Step 1. Identify the prevailing trend (in this case I think NZD CAD is headed lower) Step 2. Try and put price into some sort of range (in terms of outer and lower limits) - Areas that wicks might get to. Step 3. Look for opportunities where we can sell a rally but not be too aggressive. Step 4. Find some confluence zones with Fib levels, Moving Averages and...

IdealabTrading

Whilst the argument is strong for a weakening Dollar longer term. (perhaps) It looks like at the moment the DXY is having a retracement (which may last until early Feb) The bearish scenario could play out here with a solid rejection from the downward sloping TL. Or invalidation and continuation of the trend if DXY manages to break above (and hold) the 107.013...

IdealabTrading

I think Gold is in a clear downtrend (in spite of BRICs) and the move up is just a short term rally. I would try a short here with stops above the 1950 level, looking to sell in the area of support.

IdealabTrading

Possible long in place after nice reversal pattern playing out. With the break above the 200, should be some room to move to the upside

IdealabTrading

I might try a long down here if it holds the 38 fib. target the top resistance With a stop somewhere below the bottom of the flag.

IdealabTrading

FIB + Pitchfork + TL + Channel. Will we see a 240K Btc in 12 months?

IdealabTrading

I'm by no means a pro trader, just learning as I go and trying to implement so feel free to add to my TA, or offer any sort of commentary. I try to map out the previous price history (see the levels) Get an idea of how it responded (breakdowns, consolidations, re-tests, bottoms, tops, traps) See how price momentum is slowing down. Looking for it to form a...

IdealabTrading

If you had been accumulating in the buy zone Should be ready now for a move to the upside. SL set below the trendline break. TP below the fib level (in the resistance zone)

IdealabTrading

We've done wave 1 and wave 2. Back in Bargain Buy Zone Accumulate & nibble away at the market, buying little bits here and there over the next couple of months

IdealabTrading

Just a possible scenario for BTC. Part of a massive massive wedge..

IdealabTrading

I see a descending triangle... What are your thoughts?

IdealabTrading

Cup and handle formed over the month. fib levels 1.618 give 2000 trendline projections 2000 distance of cup - moved to the end of the handle also gives 2000. let's see how we roll...

IdealabTrading

Flipped bear on TFUEL. How cheap can we pick up the fuel?

IdealabTrading

Was the breakdown a fakeout? We've bounced back above the 50K and moving up. targets on the wedge 78-79K USD? thoughts?

IdealabTrading

I saw wave repetition on AAVE previous Elliot Wave Cycle. Did a fib extension for previous final wave to see the high And then used same levels for extension on wave 2. Confirmation of upward momentum with pitchfork. I'm going long on AAVE.

IdealabTrading

Possibly still a bit of movement to the downside left as Luna looks like its in a falling wedge. Maybe as low as 21K Sats. Before moving up to start a new wave cycle. TP levels would be testing the previous high at 34K Sats. Pitchfork momentum shows a general trend to the upside.

IdealabTrading

Pitchfork momentum to the upside. Strong signal on the RSI A move up, respecting the trend line support. Bullish on Luna for the coming weeks

IdealabTrading

So far theta is struggling to hold the 20k Support Let's see how it pans out in the coming days and if it manages to break out to the upside or continues on its downward trajectory, consolidating in a bull flag throughout April. It looks bearish short term. But then big massive raging bull once it's finished consolidating.