Longposition
AUD/CAD low of year analysis. Here is another setup I'm paying attention to.I'm paying attention to how the low gets worked down into my levels if at all and if there are any bounce opportunities when it reaches the 1st or 2nd level. Didn't really put as much analysis on this one compared to the other ones. I'm not really noticing anything other than price moving down into my levels. If anything we are in a weekly breakout and I'm expecting price to push back up in the short term.
EUR/USD possible deep dig before reversal.My belief for this pair is that price will continue down into the stops of long consolidation periods in January and December. When I see long consolidations, I see very impatient participants. So far buyers been in heat from a down move that lasted 3 weeks. Price is reaching my levels. Truth is that the market may not care about my levels. And that's fine. Maybe it's not meant to be. All I know is that the closer it gets, the higher the probability of it hitting them. So I'm only interested if they are reached. When they are reached and worked down thru, I know that panic is ramping up and I'm paying attention to the large timeframe pattern. My drawing is an overall idea of how I think it will play out so
don't take it as a 1:1 ration prediction. I also approach this as a long and steady outlook. Price could easily collapse down but I think it's more likely that the low will be worked long and steadily. I'm not into what's going on with the news, what indicators are showing, whether price action looks weak or strong, and I don't do support/resistance lines. My predictions are based on what I perceive to be more financially adventitious for institutions and right now I see a ton of money below. When everyone is calling a bottom right at or near already established ''support'' my comfortability is much more deeper. FX:EURUSD
BNB Long Game Plan Hi all
This is my BNB Long Game Plan:
- Before entering, please watch the Bitcoin price aswell, and check if they are trading the same direction.
- Also, this is a RANGE play, a small trade between to clear levels. My general sentiment for the crypto market is very pessimistic, I will be having a close watch if I decide to play this range
Here is my detailed Game Plan:
- Price needs to stay within range for me to search an entry on this (Between 280 and 300)
- Smooth Price Action on entry chart (looking for a daytrade so lower timeframes)
- Reclaim of Red line is prerequisite for entry
- Push above Red line and and pull back on Red line
- Pull back on Red line, hold and reclaim would be entry signal
- Target 300
- Stop 280
Please follow me on Tradingview for more trades and ideas.
ABNB - Cup And HandleABNB has had a long run to the downside primarily due to global economical reasons, and now seems to have a great run to the upside.
We can see that the chart has formed a Cup and Handle-pattern, and is now trying to retest its high of the handle.
We will wait for a breakout of the handle, to take our position with the expectation of a return of 26%.
More details are shown on the chart.
AUD/USD possible bottom with trapped long timeframe breakouts.I see a lot of accumulated volume underneath large timeframe breakout levels.There are weekly breakouts,monthly,and the year being pushed down. Sellers are chasing it down and it has already broken past my first 2 levels. In the coming days or weeks, I'm looking for price to hit the rest of my levels before reversing to hit the chasers and breakouts. FX:AUDUSD
Possible bottom to get into trend earlyI have key levels marked that I'm looking for price to get through. I'm not buying nor selling at these levels. These levels represent a certain distance within a certain amount of time price has moved. When price fulfill these levels and even better overextends past them, I will look for a reversal. This is a swing strategy and where I'm comfortable using a wide stop if I'm confident that the low has been put in well past the last level. I'm also looking at other factors and will mark up the chart of what I'm looking at to confirm my bias.
we are long on us market on cmp we are long on us market on cmp 32550-32650 on our green zone
expected target - 33500
stoploss @32450 or 2 days daily candle closed below this level then only we can exit rest in all conditions we are on long side
ARPAUSDT bullish??ARPA has been going down for a while now, but It has to take a breath and this looks just like the spot to do.
For a week or so I expect it to be bullish...
I don't really have any optimal trades tho,
I bought some and will keep an eye on it.
I'm not an expert so, I don't recommend to take a position without checking it yourself.