Technical-analysis
NZDUSD | SHORT-Values-
Entry Range: 0.72242 - 072454
Average Entry: 0.72385 (RRR: 1.85)
Stop Loss: 0.72678
Profit Target: 0.71840
-HOW TO ENTER MY TRADES-
1. Ladder your entries.
You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled.
(The "Average Entry" you see in my ideas are always 1.8 - 2.)
2. Only first touches are valid.
If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid.
Example:
Trade Idea:
Valid and Invalid Entry:
US100 - How To Buy The DipThis is a bullish reversal pattern - using the overnight liquidity levels for where buyers may want to step in.
Not all liquidity levels hold to the tick. And catching a falling knife gets traders' accounts killed. However, if we wait for a reversal signal/pattern at a known level where Buyers are sat. We can usually get a good entry.
The pattern happens across all time frames but for those looking to keep risk to a minimum you want to use the smallest time frame possible without being subject to too much noise.
Only you will be able to tell your risk tolerance.
BTCUSD - Bitcoin - DowntrendI don't trade BTC , or any other crypto.
But I am aware of the movements as it appears they reflect the Risk-on/Risk-off sentiment of speculators.
For a while now I have been highlighting a possible Head and Shoulders topping pattern on the daily time frame, but this week's close is key for crypto bears and bulls alike.
If the weekly close is a new Lower Low, traders will probably puke their week hands. Long-term HODL won't care so a short sharp risk-off move would be preferable.
US dollar is likely to come down further, so this is not a US dollar move. It could be a move away from uncertainty as Environmental, Social and Governance (ESG) become more of a dominant theme in all resource-heavy assets, usually the commodity space. Elon Musk cancelling BTC as a payment method for TESLA (TSLA) is all about carbon tax credits, as he won't be able to apply for carbon credits if he is not seen to be carbon neutral. Bitcoin mining has been heavily criticised for the amount of energy required to create a block. Whether or not this is a valid point I don't know.
US100 - NQ - Overnight Liquidity These are the levels that I shall be watching today.
My bias is to the downside for the start of the week, but obviously, with the amount of volatility possible with BTCUSD falling off, we could get all the downside and upside in one day.
For now, I'll just watch what price does before the US Open. If we take the upside out first, I will be very bearish the rest of the week until proven otherwise.
Auropharma - Bullish viewAuropharma - Bullish view , 1000 may act as pshycological support , If its not broken then we can expect price move upto 1100. Lets see how it reacts on support level of 1000.
View negated if price breaks below 1000 and closing on weekly basis.
Please visit my youtube channel as well for more technical analysis videos. ;-)
www.youtube.com
Gold The Real CurrencyGold Weekly Analysis
Gold has finally BROKEN out of its "Corrective Phase" on the Daily TF, and we have the "Impulsive Phase" forming.
Moving to the H4 TF, We notice market is in a Bullish Channel, creating Higher High as well as Higher Lows. Price action is currently in a "Corrective phase" which could provide for "Reduced Risk" positions.
Traders should anticipate reversal candles to the nearest support, which will provide entry for LONG positions.
Buy Limit Order @ : 1818.50
TP: 1875.00
SL : 1810.00
EasyMoney
BTC as happy as can be, rolling around hereBitcoin is still rolling around in the dirt. As happy as a pig can be!
Here's why still short here.
There is an ideal Wyckoff structure - for those of you who follow our Discord or saw @Paul_Varcoe
Stream on Monday just gone - you will see I showed a Ghost Wyckoff structure under a TradingView chart - You could not really pick a better example for a Wyckoff schematic. It is an AWESOME Image.
The second thing is - If you saw the "They blew up the rocket" post
You can see, other than the ATH fake out, the price has become very respectful.
Then if you are less familiar with Wyckoff - there's a sloping structure (more advanced technique) playing out, again this is an almost perfect structure example. And it's live right now on the Daily.
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The next pieces show indicator levels;
This shows the crypto strength - Orange being BTC, Green is ETH and Blue is XRP.
Divergence in the momentum
All of which is exaggerated by the simple Weis wave move on the Monthly Timeframe.
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COT data has been dropping in the shorts; but also the longs = sideways action, around the 17th of April we saw a drop from 7.6k shorts and 3k long to this last release being 5.5k short & 2k long. Interesting times.
I have posted several Elliott moves in recent weeks - it's incredible to see the respect being shown in such an infant instrument.
For the record, I have been Bullish since 2011. But it's now time for a rest, some new liquidity and go again!
See some of the linked ideas below.
Please feel free to add topics for discussion below;
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
EOS CRYPTOCURRENCY PRIMED FOR A HUGE RUN!!!Cryptocurrency EOS has showed a bump and run pattern. Broke above a major resistance with a retest shortly after. Next major resistance is at 23.58 and charts are showing strength that can push EOS to that area rather quickly. Lock in and prepare for the cryptocurrency wave that awaits us! Stay strong and Stay long!
Free Analysis With Arshia 🆓I have a big surprise for you folks! Yes, you guys that always supported me with your comments and your likes and even TradingView Coin donations. And I did all my best to help you grow your knowledge on crypto.
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Link/USDT Price Analysis | Bull SignalSignal:-
Buy under 36$
Sell at 43$
Timeframe: Under 4 weeks
WARNING:-
This chart is made on technical and candlestick analysis on 4H timeframe any news or btc movement may change the movements.
Notes:-
You can buy this coin below 36$ and if you may see dip then buy this more because this coin has a big potential to grow.
FOLLOW US FOR MORE!!!
Dogecoin to at Least $0.44 in Early May. Given some favorable astrology happening to Doge in early May, alongside what seems to be like a developing support level of $0.27, if we can hold that support, I expect breaking out to at least the $0.44 range, if not higher, if Elon tweets or something else externally relevant happens.