AMEX:SPY approaches supply from 2022. We have a solid rejection candle and have closed last week below the supply zone. Reversal is imminent - supported by heavy absorption of buyers at the ask on the cumulative delta volume chart.
Chart 3D TF BINANCE:OPUSDT is in the Ascending Channel and moving up to the resistance around 1.86x We define confluence zone at that level by the Descending Trend Line + Key Level + Golden Ratio 0.618 Fibo Re So I expect OP will retrace to 1.5, it's a chance for Short Order Wait a next move
Seems like there is a short-term dump incoming; Weekly timeframe RSI divergence made exactly under the '"May 2022"' resistance and the 0.5% Fib level , And there is 3 confirmative candles. Pinbar candle had made last week , a Hammer and a Doji candle had made 2 and 3 weeks ago. If we make a daily candle closed under 30K , 28K would be the next major support for...
Comp just completed the B Wave and will start the C Wave and it will be fast and aggressive.
Not entirely sure what this company does....Shorting small size here. Gut feeling mostly but hourlys looks atrocious. Not advise.
EURCHF - BEARISH - 1H TRADE PLAN Entry Price (Sell Stop) : 0.973360 Stop Loss : 0.975910 TP1 (1:1) : 0.9708 TP2 (1:2) : 0.9683
A risky play here as GBP/USD rejects and falls back under 1.2667. There are two important highlights about taking a short here: 1) Price is still in an uptrend, so sizing must be small because it is risky to go short without confirmation. 2) That said, the potential reward is MASSIVE - considering a final TP around 1.07 you have a R/R of 17:1 A $100 risk...
⚠️ Notice: I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5. Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
It seems that the areas ahead can be very attractive for price reversal. For me, scenario 1 is more attractive. Because there is a good overlap with the bearish trend line However, do not enter the transaction without confirmation
EURJPY H4 Here is a comparitive, both eurozone base currencies, typically move very similarly due to correlation, the only factors being the length of the rally and the spikes caused from recent interest rate hikes and economic outlooks from central banks. That being said, both following suit to some degree. I think we are starting to hit the pivot points for...
EOS has broke out of its bearish flag in 1H timeframe and now is moving downward; Entry: 0.68, TP: 0.47, SL: 0.70
TOMO reached the supply zone in daily timeframe and now is moving downward to break the trend line; a bearish market, which is probable, can give a giant profit on short position
MA is showing weakness on 1W chart. There is a big sell zone near 382$ where buyers have tried to win sellers, but all 6 attempts (mentioned on chart) were losing. I expect two signals of weakness that will give confirmation of closing long position/ opening short position. First signal is closing 1W candle under ema50 (about 357$ at mom). (This signal will be...
after the remarkable reaction to the fl and the good r/r=4 of long position, I believe there is a good chance here for short position.
Now I think there is a chance to go down to 1.011 is a really good timing to short becuase we know where we can put our stop loss at 2.727
now I think there is a chance to go down to 0.05 is a really good timing to short becuase we know where we can put our stop loss at 0.12911