Bigmove
FIL inching towards that swing!Update to my September 24th FIL analysis, switched charts from FTX futures to Binance Futures.
I've been waiting on 2 conditions to open a LONG position in FIL on a Daily Chart:
#1 RSI reaching 30 or lower and then breaking the trendline
#2 MACD Cross Up
RSI is almost at 30, MACD still has ways to go, strongly trending down at the moment.
Price is reaching the HTF Trend/Support line from December 29th 2020, and within (more or less) the Channel I've been tracking since September 16th.
My plan is to start Laddering in a LONG position around $48-$45, ONLY if I see MACD heading towards a Cross Up, and RSI breaking above trendline as a bonus. Before opening a position, I'll spend some time watching Level 2.
If I miss the bottom, I do not plan to make DCA more than 4 times, if I REALLY miss the bottom, I might have to break that rule.
People are waiting for over enthusiastic LONGs to open positions, so be careful with Bull Traps.
Everyone is welcome to share their EWT count, comment or disagree!
BINANCE:FILUSDT BINANCE:FILUSDTPERP FTX:FILPERP HUOBI:FILUSDT HUOBI:FILPERP KUCOIN:FILUSDT
BHARTI AIRTEL as on 05.09.2021SYMMETRICAL TRIANGLE FORMED !!
BREAKOUT DONE , PULLBACK DONE!!
A good move after pullback can make a new high there is a good support at 654 and retracing at that point again do check that in 15 min chart!!
If for intraday can make down gap opening and retrace and move little down but cant say actual as 654 is giving a major support !!!
There is a chance that candles to touch monthly basis demand and supply and retrace from POC so have PATIENCE!!
HIGHER PROBABILITY OF MOVING UP AS BREAKOUT CAME AFTER A YEAR!!!
TARGET=745/750
STOP LOSS=546/536
WEEKLY CHART SHOWING SAME!!
50 AND 200 EMA GIVING GOOD SUPPORT!!
FOR INTRADAY Check daily basis demand and supply AND CAN MAKE A GOOD DHORT TRADE OPTION DO CHECK 15 MIN CHART AND DO TAKE HELP OF PIVOT POINTS!!!
(The above analysis is only for study purpose do not take it as any buy or sell call)
USDCNH CRITICAL NEWS ALERT Tomorrow morning the USD will see massive movement off job numbers dropping. Personally I am short on USD. Long on GBP and CAD against USD. CNH has seen 200 ema cross over 50 ema so we will see the movement down. Price has also came to retracement on 4hr time period. BIG Ws. Stay tuned will be updating tmr when news drop 8:30am EST New York session
"XRP to the moon!" - they say...Within a couple of months, I watch over this chart. And wait a lot this diagonal structure. Now, I hope, that the nearest big drop put dots in places.
It's too much happy news around Ripple. This can't be so clean and simple.
Get ready to buy XRP much lower, than it is now!
GBPCHF : possible buy zoneIt seems like GBPCHF is forming a cup and handle pattern, and as you can see on the chart, there are some indications that we might be at the bottom of the handle :
1. ABCD retrace from the recent high in the weekly chart and the daily chart
2. weekly candles closed above the channel ( channel break )
3. we are currently in support zone 1.2500
4. immediate reject of 1.2500
5. yesterday closed green and it seems like today will be closed green too
So in this situation I'm aiming to catch the weekly swing by building a long position gradually to reduce risk.
best of luck :-)
XAGEUR : possible buy zoneAs you can see on the chart, clearly we are in a possible reversal zone to the upside .
My intentions is to start buying and build a position gradually.
The ultimate goal is to catch the next low inside the big triangle but the position will be adjusted according to price action , momentum and so on
best of luck :-)
Gold Weekly Forecast 19 July to 23 JulyWe are in a buying zone as we are closed our daily and weekly candle above 1800 level so we are good to go to test 1850 this week . If 1800 broke then we can expect 1780 if it breaks 1780 then we will continue our SELL trend till 1750 and if 1750 breaks we can expect long term SELL .
But for now we will not go with SELL as we are in strong BUY trend we have WEEKLY BUY TREND LINE and we are following a good buy channel on daily time frame .
Support levels and Resistance level are mentioned in CHART .
Have a good week :)
CHZ has broken strong barriers and accumulation zoneAs you can see CHZ accumulations are quite long term. I appreciate it positively, because the breakdown of the accumulation zone means a high chance of a jump.
You can see Doge as an example, but our target should be to expect a price of $ 2 in the zone of 2,618 because according to Elliot theory and my experience, I think it will soon surpass $ 1. and $ 2 is what we all expected. This is likely to be one of the biggest gainers this month. Let's hope we are all on the same boat !!!
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
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Playing dead or really died?NBS could be just coiling up for the next big run or really died. Set alarms at breakout levels and don't let this one goes without you... For now, it was boring, 12% up, 12% down, 12% up...
Potential Inverse Head and Shoulders In WishFrom what I see here we have an RSI support lining up almost perfectly with an inverse head and shoulders. If this thing attempts $15 again it will break out. the distance between the bottom of the head and the neckline is $7.21 we add that to the neckline and we get a $22 price target. I am long. but not more than I am willing to risk a loss on.