Here is an example for 3 trade setups for the weekend going into Monday! We have the daily level, bounce of there in the cc then short to the next untapped npoc level
eurusd short trade, 1.08253 entry sl @ 1.08418 tp @ 1.07696 val, poc, bos retrace to cc
An Elliot wave is to be formed, liquidity grab on both side, first taking out all the stop losses below the last wick then running up to take out the Local VAH, then start decending
Our previous trade is still in play I have adjusted some levels, I would be placing TP 1 @ 19600 at Monday low range and the let the rest run the previous lows
BTC Short Idea Place your short @ 20,800 with stop loss @ 21,800 Confluence : Daily RSI coming into resistance 0.618 Fib from High of 22,963 to lowof 17567 Point of control 0.236 Fib from High of 31746 to low of 17567 To confirm Trend reversal we need to get a clear close above 21500 TP at last low @ 17567
For a Bull scenario we need to close above 29600 and hold, to continue upwards. For the Bear Scenario we are not able to hold above n600 and we retrace to take out the lows
Short Idea from current price @192 for XMRUSDT Pair Currently strong resistance confluence at 197-198 White trend line from above acting as resistance Orange resistance Horizontal level @ 197 Rising wedge Over Extended Bearish divergence on the 4h Target POC for TP
In my previous post I missed out on some technicals, I would now tighten my stop loss 30600, if we get a breakout its be a massive short squeeze. For now still in my trade short since 29324
BTC USDT SHORT OPPORTUNITY: Short BTC @ 29,800, I'm honestly already in a short since 29,324 but could go higher to 29,800, maybe 30,200 and then reverse. But I'm taking the risk cause it might not reach those highs and just drop from here as it is in a rising wedge & bear flag form. Stop Loss 30,800 1st TP 27,000 2nd TP 25,000 @ 200 Weekly EMA Now lets not...
That CME Gap has to be closed before we can go to new all time highs. 21-24k target entry. Always look at history for pattern repetition, BTC has been in a downtrend for a while, Number 21 is and important number for bitcoin as the total supply of BTC is 21,000,000. I believe there is a good possibility we head there 21-24k before going for new all time highs
Ethereum has been in a down trend, 5th wave to continue down into 0.618 fib level, we should see a good reaction at 2780 - 2820 as a lot of confluence at that level. Long that level back into 3120-3140 Area, Close trade from there and look for new levels of interest. Depending on BTC action we decide from there
Bearish short term bull, bullish long term Ethereum has reached 200 Daily Moving Average, it is acting as resistance, it is also confluence zone meeting with the trend line of the channel in yellow line. Gray highlighted area are for buying - 3100 first zone, 2900 second zone I am bullish on Ethereum long term, but a correction is due, markets do not move in...
Above i have shared the possible price trajectory for the month of Janauary going into February. Stock to flow model still shows we have a long way to go before we reach the top, I'm saying we are going for new highs after Feb 2022
History repeats itself! We all know that, this is another BTC chart showing important lines and levels to watch.
I looked at long time frames, 1m,1w,1d and 4hrs and i came up with this chart for a good trading range, and levels of financial engineering for liquidity.
BAND/USDT is looking good above 50, 100, 200 Daily Moving averages, holding above trendline, resistance line tested many time getting weaker, should break through easily in the coming days
Binanace has formed a bear flag pattern as seen in the image, possible target 26.00 if 26 is broken we could seeit touch 24 before going up again.
We have a possible swing trade here as linkUSDT hit a long term trend support line at around 10.oo, Our target is 13.5