Algotrading
Another potential $ALGO short play...BINANCE:ALGOUSDTPERP - Has bounced at support -
moving up towards heavy resistance (blue zone) which given rapidly declining OI and Binance crowd aping into linear "line-break" from recent high -
Not a continuation traded - aim for reversion
SL would be at prior high or narrative switch.
Otherwise. Goblin time.
ALGO - Buying SignalBYBIT:ALGOUSDT
4H time frame
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ALGO is in a descending channel, and it started to form this channel since increased by 41%.
The price stops making lower lows and hit Fib 0.382 smoothly for support confirmation.
We can long it at 0.34 and add more position at 0.335(Fib retracement level_0.382)
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Entry: 0.34
Add: 0.335
TP: 0.3565, 0.3735
SL: 0.33
USDCAD I've entered a short 🔻USDCAD short trade has alerted.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in the red label.
Trade box is tracking the trade.
Has USD strength ran out of steam on this pair?
Who knows be it a change in the trend or a slight retrace I have a 77 pip target for my TP to be met.
We'll see where it ends up.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
EURUSD long has alerted 📳EURUSD long trade has alerted this morning.
Reversal trade identified and entered.
Working the 15M timeframe.
Trade details can be found on the chart in the green label.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
EURAUD long set up in progress 💶🦘EURAUD long trade has alerted this morning.
Trend trade identified and entered.
Working H1 timeframe on this strategy.
Trade details can be found on the chart in printed label.
Working to TP targets on the printed label.
Trade box is tracking the trade.
This 1:2 RR trade needs to find 121 pips for desired TP target.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
Reaching the first target in ALGO/USDT ✌😏Hello 😀
In the daily analysis of this cryptocurrency, which we mentioned in the post, after this cryptocurrency was supported in the support area of $0.28, the price was able to break its dynamic trend line (Dynamic Trend) upwards, which is followed by a pullback. It was able to reach its first target of $0.345.
If the price is still above its dynamic trend line, it has the ability to target $0.36 and $0.38 (resistance zone).
Also, with the loss of the all-important support area of $0.27, the price is expected to react to the $0.25 and $0.22 levels.
Arztoday Team 🌈
Analyzer✍: AR.Rashidi
The Whole PictureHere's everything I've considered on the technical side ahead of what should be a massive week in the market.
Last friday I got in short, but I exited and took close to 35 pips profit ahead of the new week because my gut tells me we haven't seen the highest high
I'm going to wait and find out whether that's true or not, and trade accordingly
Horizon my automated strategy is actually still in long, holding well over a 100 pip position at the moment.
The game plan for me is to wait until that position closes to go short for good
I'm really excited for the rest of this month.
It's money time!
Enjoy your day!
ALGO/USDT Analyst Daily 😮Hello to the respected members of Trading View🥱
ALGO daily time frame cryptocurrency analysis (logarithmic chart)
In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31.
If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term).
Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily.
Arztoday Team 🌹
You must see!
Despite all that’s been going on over the last week with Goldilocks ISM and Non-Farm Payrolls, FedWatch is remarkably unchanged:
The September FOMC meeting is priced with a 57% chance of a 75 bps hike and 43% in favour of 50 bps.
Probabilities for November and December meetings are virtually unchanged.
The terminal rate remains at 375-400 bps.
Trend change for GBPNZD❓Earlier on this evening UK time we had a buy alert for GBPNZD
Is the trend changing for this pair?
Trend trade identified and entered.
Working 45M timeframe on this strategy.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
ALGO/USDT
(Trend Line)
As the name implies, trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance, depending on the direction of the trend. Think of them as the diagonal equivalent of horizontal support and resistance.
Notice how shortly after breaking trend line resistance, the market came back to retest the trend line as new support and formed a bullish pin bar in the process.
This allowed price action traders to buy just before the market rallied for up trend
Breakout From Potential Barrier or Rejection from BarrierHalperin explains in his scholarly article 'Non-Equilibrium Skewness, Market Crises, and Option Pricing:
Non-Linear Langevin Model of Markets with Supersymmetry' that Geometric Brownian motion can create negative oscillation without a barrier to hold it back- Langevin dynamics are the key to creating the floor level of stocks and crypto. I believe that we are seeing an algorithm play out with Langevin dynamics.
AUDCAD short opportunity 🦘🍁6:30 am UK time see an alert on my AUDCAD 30M reversal strategy.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade currently running in blue but we'll see where we end up as it has also been in draw down at the start.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
GBPCAD short opportunity running🏃GBPCAD short trade live and running.
Alert came late last night.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade has been in slight draw down as well as running in blue for some time.
Let's see where it finishes up.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
GBPUSD long shaping up well 👊GBPUSD long trade running from overnight.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in the green label.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
EURUSD short live ⤵️Alert has presented on EURUSD.
Short reversal trade identified and entered.
Working the 15M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade is currently running in blue but we'll see where we end up.
Jackson Hole Symposium starts today so this trade will be finished today be it a TP or a SL as expect some market volatility.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
USDCAD short running in blue 🟦4am UK time see an alert on my USDCAD 30M reversal strategy.
Reversal trade identified and entered.
Strategy can be automated I wasn't up at 4am.
Working the 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade currently running in blue but we'll see where we end up.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌