A good setup to long near swing lows - at key area of support after couple of red candle strong green candle with long wicks print which suggest price is rejecting and a decent bounce can come. Long with stoploss below key support zone Ill look to cut down this trade if I see any weakness in the trend !
Gold approaching near resistance, green momentum candle turning into red shrinking candle with long wick = price rejecting the area (Resistance) and since Trend is LH & LL down trend so I'm selling on weakness My idea Short at 1843 Stoploss 1849 TP 1828
Bullish Bias is to long after successful breakout of TL and Fib resistance Invalidation is projected on charts
Huge red candle at HH indicates trends is fading up. small green candle right after Strong selling implies down trend will continue.
Good reaction at TL support. Bulls defended the lows and pushed the price back higher Entered at HL. Invalidation a clean sweep below daily lows
on 15M HH and HL printed, Good play IMO Invalidation below previous HL . Any major news can destroy this setup
Retailers believes that DXY has lost the stream and will reverse from here, but PA and indicators point towards trend continuation ! Consolidation under strong resistance level 113.8. May come lower to retest the red support trendline. on this pull back major equities and $BTC can take a relief rally. followed by full retracement if DXY resume up trend...
The bad news is Gold could not stayed strong again DXY rally. The safe heaven & hedge against recession and economic slow down proved many school of thoughts wrong ! The big picture tells that the downtrend end is not near. but what you need to know is Here, Gold is in a continues downtrend, especially against Dollar. on Daily in a long series of downtrend ( LH...
A breakout confirmation above 113.8 will send ALL MARKETS to hell, next target 121. Rejection at 113.8 and consolidation may provide short term gains. It can get much worse, should #DXY break above 121!
VIX is the ticker symbol and the popular name for the Chicago Board Options Exchange's CBOE Volatility Index, a popular measure of the stock market's expectation of volatility based on S&P 500 index options
Important rising wedge support Price Consolidation at support bullish But high chances a deviation below the trendline to take out the stops then pump
Overall i think the trend is not fading, I like btc to hit the trend line support and want to see the reaction at retest. While S&P and $NQ looks bullish. They are currently under consolidation. Im targetting 13900 for $NQ and 2330 for S&P in that case we will see a quick bounce in btc and crypto market. and I believe this is going to be a ideal moment to short...
Eth has broke out of an important resistance level of 1930$ , Printing HH and HL's on Daily. getting ready for the upside. Shorts are fuel for the rally. Bullish Hammer on Daily suggest trend is UP. RSI is coupled with the price , no sign of weakness Price bounced from Fib level 0.382% , approaching to next Fib level 0.50% ( $2212) Hence, Volume is dropping...
Short squeeze coming, shorter gonna get REKT. IF you ain't looking at this chart you are losing easy money $$ Only worth a play if PA stays above 1450$ !!
BTC-USDT trend line tested and flipped. Get ready for a big volatile move ! this pattern remain intact as long as TL is not broken. Entry: $23250 Stoploss: $22200 (Tight SL) TP: $28500 FOMO will keep us pumping here foe sometime imo BTC will test back the TL Next resistance is 24800$ successfully breakout and flip of this level will take us to the...
price was moving in a Diagonal Channel, broke out at the 3rd attempt. After breaking out gave a nice bullish engulfing (retest) and sustained the breakout. Trade with me Entered $2.47 Stoploss (Trailing SL) $2.67 Take Profit $5.3
Price broke out of the 85 Day accumulation phase - Horizontal channel Currently Im looking for a retest to ride the trend. Trade with me Entry $1.49 stoploss $1.22 TP $2.08
price was moving in a Diagonal Channel, broke out at the 3rd attempt. After breaking out gave a nice bullish engulfing (retest) and sustained the breakout. Trade with me Entered $2.47 Stoploss (Trailing SL) $2.67 Take Profit $5.3