XRPUSD - SHORT TO $0.80, THEN LONG TO $1.80XRPUSDT BUY/LONG
For Spot and Futures Traders
Entry - $0.79 - $0.84
Tp1 - $1.14
Tp2 - $1.30
Tp3 - $1.45
Tp4 - $1.70
Tp5 - $1.80
Stop loss - $0.62
Choose your leverage
Apply risk management
As we all know that when there's a breakout from a zone, there will always be a pull back.
Also, we know that once price is within a descending triangle, price will surely breakout from the triangle.
These two scenarios are currently existing on the chart. All we need is a price rejection from the zone for us to go long.
Let's go through this together. We can all see that price broke out the supply zone at $0.78615 then went straight up to $1.90 and is currently in a downtrend back to $0.78615 where it broke out. Thereafter, we expect a bullish movement if we get a reversal candle.
Also, price is currently in a descending triangle. I expect it to breakout and go long.
These two possible moves are what I feel will make the price go back to $1.90 and upward thereafter.
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Demandandsupplyzones
DODOUSDT BUY OPPORTUNITY - LONG TO $4.5 THEN TO $7This is the perfect price ($3.4) to buy and hold till it reach $7 which equates to 100% return on your investment. Fund me so that I can invest too😩..
As seen on the chart, we have a possible triple bottom pattern. Therefore, I expect price to go long to $4.5 and if it continues in that direction, head towards $7
But if price does not break the supply zone within $4.738 and $4.550 upward, then I expect price to short to $3.4 again (which makes it a ranging market)
What do you think?
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POSSIBLE MOVE ON XRPUSDAs seen on the chart, price has been in consolation since 5th March, 2021 and price has been moving in between the supply and the demand zone.
Therefore, I expect price to either breakout of the supply zone upward or come down to the demand zone after it reach the supply zone.
What do you think?
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EURAUD - To short to 1.52400, then long to 1.55800As you can see on the chart, price is currently in a downtrend. Price has left the supply zone at 1.55800 where it turned support to resistance.
Therefore, I expect price to short to the previous support at 1.52400 before retracing upward to 1.55800. Watch out🔥🔥
What do you think?
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GBPJPY - The bigger picture is what mattersAs seen on the chart, price has reached the resistance zone (which is the supply zone).
Price is expected to either break the support zone upward and continue to go long or get influenced by the forces support zone and begin to go short back to the demand zone.
We therefore wait for a confirmation at the point to determine whether to go long or short.
Follow me and stay connected to know when the signal to either buy or sell is ready.
What do you think?
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GBPAUD - Possible move, short to 1.77020 or long to 1.80000As seen on the chart, price can breakout of the demand zone at 1.77863 downward and continue to short. Or the demand Zone can push the price upward back to the supply zone at 1.80000.
What do you think?
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EURUSD - Resistance line breakout confirming the H & S buy orderRight here is the reverse head and shoulder pattern with a breakout and pull back confirming the buy order.
What do you think?
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XRPUSD - BUY OPPORTUNITY tp at 0.70000Price has left the demand zone, broke out of the trendline, retested and heading back to the previous high which is the support zone at 0.70000
What do you think?
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$LTC.X, Litecoin going down?I really want Litecoin to continue its upward move, but...
On the 4H chart, we have a bullish shooting start with high volume in a supply area, that makes a lower high.
On the 1H chart, we can see a potential head & shoulder formation, another bullish shooting star on higher-than-average-volume in a supply area, followed by two bearish candles that seem to confirm the reversal. There is also a bearish divergence on the RSI.
The 15m chart seems to confirm the reversal.
This said, we will have to wait and see what the candle next to the shooting star on the 4H chart will do to confirm the potential bearish trend or not for the next few days. If price goes down, we should find support at 180$, 170$, or 160-165$.
Still learning here, so any constructive feedback to improve my analysis and positive vibes are welcome.
Thank you and Happy trading!
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Needless to say, this is not financial advice!
EURUSD BUY EUR/USD trades within familiar levels around 1.2240, ahead of Wall Street’s opening. The pair has limited bullish scope in the near-term, stuck below the year’s high,
“German GFK Consumer Confidence Survey was printed at -7.3 in January, better than the -9.5 forecast. Meanwhile, the US has published the final version of the third quarter Gross Domestic Product, upwardly revised to 33.4% YoY.”
“The EUR/USD pair needs to advance beyond 1.2275 to gain bullish momentum, while dips towards 1.2129, the weekly low, will likely attract buying interest.”
What Bitcoin do if could be a sell off in the macrotrend???In this overview, I will focus more in Bitcoin, because we could see for the next days a possible sell of Bitcoin price, so guys, in this timeframe in Daily we found out a shoulder head shoulder, that is a signal of change of trend and maybe we could be to prove lowe levels soon!!!
So, I will focus in mid-term with possible medium term of what Bitcoin could be to make.
I mark this key support line, because is more important and Daily see that we could not to break down, in case that Bitcoin is break down the trend line + Daily support at $10,400 USD, we could see a possible movement at the $9,000 USD. to retest that I see, the part up of the line simetric triangle, that could be the unique and latest confirmation of the starting the bull run.
Now, in weekly remember that we could see a possible accumulation on this zone that I mark, also in the latest 2 weeks ago, I mentioned a possible accumulation that today we could see it.
Stay alert because in minutes I will going to open up a position on Bitcoin because I see a interesting movement!!!
GBPJPY LONGTECHNICAL ANALYSIS: GBPJPY feels good to be take a long swing position. However, due to bearish momentum, I am currently expecting some sort of high market movement when price reaches 131.894. If support level (131.894) holds, we may see upside movement from the GBPYJPY.
CURRENT SITUATION: With all that that have been going on in the UK, money printing, lockdown, economy recession due to the coronavirus, I am watching the chart closely to support my analysis. Anytime the market shows setup invalidation, this analysis will not be correct anymore.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
XLE Prepare to long, analysis of conformation entryExisting Condition:
1. Downtrend line was broken by breakaway Gap (G1). Start a new trend.
2. Gap Up above SMA50
3. double bottom reversal pattern confirmed Weekly demand zone in 11/28/2003;
Use Fib number + simple moving average (SMA) + demand zone (DZ) to verify entry point:
1. 0.382 retracement, DZ1, If price raises above 29 (SMA8)
or
2. 0.5 retracement, DZ2, If price drops below 27.1, and back to above 27.2
or
3. 0.618 retracement, DZ3, If price drops below 26.1, and back to above 26.2
or
4. G2: Gap UP above (SMA50) 29.3, market buy at open.
This is the most strong signal. (See the result after G1 Gap)
The target Size is based on the entry point:
DZ1 to SZ1; DZ2 to SZ2; DZ3 to SZ3;
According to this image, I would long calls of XLE/XOP/ERX, buy PUT of ERY;
I will create another trading plan with detailed Stop/Entry/Target (S.E.T) when one of these conditions could be triggered.
Recovery to 3000 - SPX500 💯Last week would probably let down those shorts in the market 😭, because traders are BUYING THE DIPS!!! Actually, I have been one of those shorts wishing for a big DOWN move before figuring the whole thing out! 😛
It seems that bulls are still in control, as what I demonstrated in above chart, an ascending channel is clear to us , right? Please , give me a 3000 in SPX !!! 😈 (what I say when I am holding calls)
Everyone is saying that there will be another big crash to come 😦 , instead of believing that mainstream perception , I would say a prolong consolidation is more likely to happen before US president election, and the range would fall within 2600 - 3000 . Because bears didn't do their job in defending the 2600 zone (previously it was a demand zone).
With this assumption in mind, I would be engaged to do more swing trades and try to pick up the tops and bottoms in the zone. 🕺
Disclaimer: My analysis is personal opinion only, guys you should find the most familiar patterns and signals to trade.😉
AUDUSD IDEAAUD/USD is finding nearby support at the channel at 0.6430 but remains capped by the 0.6570 high. To reinvigorate upside interest AUD/USD will need to regain the 0.6570 recent high, and this looks to currently be a tall order. We would allow for further slippage to the 55-day ma at 0.6303.
Above 0.6570 we look for a test of the 0.6670/84 March high and 200-day moving average where we would expect it to struggle.
Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Momentum trumps aberrations; gauging power ahead of the resultsA week ahead of the results, the energy-centric company took a toll in lieu of the last trading session's underlying event. However, that doesn't deter the pent up short-cycle orders the company has been reaping on for the last few years. This alone can become a pivot of sustenance against the competitors. Now, pit this sentiment against the global cues of the principal sector and you'll get mammoth of momentum coming up.
In this respect, we have spotted a constricted demand and supply zones on a swing time frame. Beyond those, to absorb the volatile triggers on either side, we have spotted two crucial supports and one resistance, synthesized with volume cluster analysis, as the peak potential for this particular idea to be closed on or before the earnings.
Further, to capture precise entry's near the marked important levels we are using an Indicator that combines CCI limits with ATR smoothening. Open to interpretation this back-handed trick can open several interesting opportunities.