BOX
DEEPAKNTR - Box BreakoutBox Breakout
Volume > Average
Stochastic turned from oversold conditions
RSI > 65
Buy @ 1760 ( High of previous breakout candle on 8th April 2021)
Target 1960 being Height of box
PIDILITE ( DAILY ) - Box BreakoutBox Breakout
Volume > Average on breakout
Stochastic turning from oversold
RSI = 55
< 20% Selling wick
Breakout after Retracement
Buy above 1843
AUDJPY BENTO BOX SHORTOverall I am bearish Biased , so I want to see the 81.917 level violated and I want to see clear price action that price wants to move away from the level. However, if the 82.406 level is violated, I will go for a buy once price shows clear signs of momentum away from the 82.406 level.
NO BREAK, NO TRADE.
1:3 RRR
Goodluck my friends!
JARUSDTnice long setup every thing is visible in the chart nice risk reward ratio low volume
low cap token
EURUSD GOT TRAPPED IN A BOXregarding our live trade, as asian market openS, price enters into a consolidation phase.
still holding tp moves sl to entry and we have risk free trade baby.
CHEERS!
GBP/JPY Bias ChangeMacro Bias Change on JPY pairs
I see a bearish shift to then Yen
in 2021.
Therefore this setup has now been
shifted to a long trade.
GBP/JPY Updated IdeaGBP/JPY Update
- Price may continue lower and break
range due to the D.T.
- Market makers might start dragging
price down instead of letting price
hold this level.
- Looking Left GJ has been very sideward
and ugly, with no real daily trends or
momentum bias.
GBP/JPY Short IdeaMy Thoughts on GBP/JPY
- Setting up Similar to AUD of course.
price forming a box with price creating
a strong resistance.
- Looking for an Opportunity on a bearish
break of box, with large bearish phase due
across all JPY pairs.
I want to wish Everybody a Happy New Year. Blessings and Positivity for this Upcoming Trading Year, it's setting up to be a great one.
SPX-short swing-technical analysisprice in ranging market reaching resistance line and may bounce to support, watch for stochastics crossover for above 80 for confirmation.
Pressure may form this triangle congestion areaSince okex withdraw is blocked yesterday, Bitcoin drop sharply almost 200 dollars in 1h. but this kind of negative new doesn't affect too much to Bitcoin, the price has come back to 113xx when the day closed yesterday(still in the box), which will be a bullish sign for the long term market.
I expect the break out of the box will happen before week closed, since two time tries to break 115xx have been made. the accumulation is strong enough here and stoch RSI looks bullish also(please check the previous analysis for box breakout). 4 hour bar bullish, which will make the third try to reach 11500 in next 4h, if the break out is strong enough, it will try to reach 11600, even 11800. but day bar bearish and a triangle congestion area seems to form here. thus if it fails and drop below 11300, it will try to reach 10800 there, which will make triangle congestion more convincible.
resistance: 11500, 11630, 11830, 12000
support: 11300, 10800, 10600
USDCAD - Buy BiasI am extremely interested in buys on most XXXCAD pairs but USDCAD in particular. After analyzing the DXY I have a strong feeling that bullish pressure is imminent. I would like to see a pullback into the key area marked followed by significant rejection before I consider my buy position. We need to ensure we see signs of rejection because if we don't we could simply be witnessing a liquidity grab from sellers before the bearish trend continues.
COT Data - 79% Long
IG Client Sentiment Data - 79% Long
XJO breakout imminentS&P 200 (XJO) is currently pulling back at resistance, but has formed a great looking Darvas box. If it can break above 6200 and hold support, we are going to around 6650.
A fib extension still puts the next move to 6300. I expect a pull back to test 6200 support, then resumption upward. After that the next extension is just above the ATH.
This is also forming the start of an Elliot wave after the counter trend move (consolidation).
