SynergyTradingSetups

SynergyTradingSetups Updated 

The FTSE100/UK100 has been showing signes of weakness although remaining at a high level. Find the our initial short - arguably our trade of the year - in the linked trade

SynergyTradingSetups Updated 

Our last BTC update pointed out the key level acting as resistance. Although our support broke, we formed a higher low before exploding up to 30k and coming back down. We've since broken the resistance and are currently backtesting it as support. If you were to bet on btc breaking 28,800 then you could strategise an equitable trade with the shown take profits and...

SynergyTradingSetups Updated 

Spotify has put in a confirmation of an existing level as resistance once again. Along with this it is showing clear bearish divergence and and two clear bearish candlestick patterns. This is exactly what we look for when we try and take a trade. So the trade is easy, we enter at the price today after a small retrace up, then our stop is above the level and the...

SynergyTradingSetups

Situation on a smaller timeframe after key levels were called out on the last post. As expected BTC reacted exactly at the key support level around 25,000. It however only rose to 28,000ish before creating a bearish formation and breaking down again. We did not trade the move up just as we have not traded the move down. However, we are constantly analysing until...

SynergyTradingSetups Updated 

The S&P500 is looking to break back above the 4300 key level of resistance. Should it do this I expect the asset to rest to 4400 minimum and so will close the rest of my short, I do not expect to go long as of right now. The larger time frame still suggests that we are now in a downtrend, with the lower high and lower low - A third consecutive lower low would...

SynergyTradingSetups

We traded AMD for over 100% leveraged profits a few moths ago. After hitting both our targets it made its way back to support to give us another great opportunity with a perfect RR. Check out our older trade and it's perfection. This trade is less convincing than the last, however the stop loss level is clear as there would be no reason to hold the asset below...

SynergyTradingSetups Updated 

NATGAS is lining up to break out of this bullish consolidation structure/ bull flag and reaching its next resistance zone around 3.4-3.5. This resistance also coincides with the measured move of this bull flag. Upon entering on the breakout my SL would be below the previous lows giving a 2-1 RR.

SynergyTradingSetups Updated 

I noticed that most of my posts get most of their views after the move has happened, and it made me think about how I used to trade - reacting emotionally to big price moves and thinking that the opportunity is still there when most of the time it isn't. You need to constantly analyse the market to spot potential opportunities at great levels. We do this...

SynergyTradingSetups Updated 

Gold has broken out of its downtrending supply line after putting in its first higher low since APRIL. I would like for a retracement to 1916-1920 which would give you a great entry as I posted this trade late. Good luck!

SynergyTradingSetups Updated 

The DXY had been on a formidable run that we predicted over a month ago. Now it's showing a lot of weakness at a key level. We are not in a short yet but we are longing GOLD and will enter other positions when the DXY makes a concrete move. The 4h chart paints a great picture for the bears.

SynergyTradingSetups Updated 

Spring Backtest of old support after FAKE breakdown. Along with three rising inverse valleys. This is a textbook play with a tight SL below the third valley and support.

SynergyTradingSetups Updated 

Unfortunately i couldn't post this at the time of the entry, however the trade is still equitable if taken now. Nasdaq short for reasons shown on the chart. Comment any questions you have.

SynergyTradingSetups Updated 

Pretty easy one to comprehend. 4 edges to short explained and levels for tp are clear.

SynergyTradingSetups

I will add an update tomorrow with the reasons why its not looking good. Same explanation as for IT.

SynergyTradingSetups Updated 

BTC reacted to the news of the Grayscale ETF being approved with a 6ish % pump, this has gotten a lot of people speaking about new highs and finally a break above the 31k level. However, BTC broke its bullish trend and it's current pump is only resulting in the development of bearish diversion with an already apparent decrease in volume. We are also in the...

SynergyTradingSetups Updated 

Disappointing earning resulted in Apple finally getting that retracement that's been long awaited and finally breaking a 210 day bullish demand line. Now there are three options to consider. At some point Apple IS GOING to test the former resistance shown by the red box and this ss below. Once it does we'll be looking for its Price action. As a Bull I'd...

SynergyTradingSetups Updated 

The DXY has been on a tear, as we had predicted, for the past couple of months. It has now reached a major resistance zone and could cool off for a little while. It is showing a bearish edge and a perfect short opportunity with an inverse cup and handle as shown below: In turn this gives us the chance to long a more volatile asset such as the GBP/USD....

SynergyTradingSetups Updated 

Zoom has flirted around this level for a while now giving us a perfect opportunity to enter a long. In this set you have to understand the orange support. Why would buyers bring the price back above and confirm it as support once again after all this time? Because sellers failed and are exhausted. See you at the Take Profits.