Today, volatility has fallen sharply because investors expect the outcome of the FED meeting and their decision to change the rate.
Most likely, the rate will be raised, which will lead to a strengthening of the USD. Therefore, the most optimal solution is to open the deals to Sell, in favor of USD.
Pay attention to the updates section as I will be posting when I will be entering my trade.
The analysis is made based on order flow using volume profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and ...
Hi guys. i have not been writing long now. i invested in alts, btc longs, took profit, last sunday, from then saw the market correct.
not much to say, btc could be in its final steps to 6.8~6.9k again, retesting resistance of the downtrendline of yearly highs made on bounces.
guys, do not afraid to go long. who am I? turningmecard, who nailed at least 8 out of ...
Hi Everyone ! So If you closely look at btcusd , you will surely find a triangle trap. A big triangle trap I would say. I am thinking to buy at this point because somehow I am expecting it to go up till 8000 due to PSYCHOLOGICAL BARRIER. I'll update the chart accordingly thanks.
As one of the more volatile members of the T10 cryptocurrencies, Ethereum is something that mandates special attention for traders that dare to venture into the land of the ‘unknown’.
Ethereum Price Analysis
https://www.tradingview.com/x/K1JOfwwg/
The picture above shows Ethereum on the H2 chart (H2 = 2-Hour Time Chart).
As you can see above, the translucent ...
Megalodon Pro+ Short term isolators turned green! All we do is set alarms and get notified when there is a buy or sell signal. Meaning, you can actually automatize your trading process with Megalodon indicators!
Become a Megalodon today!
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Swing and day traders —> Look for 1D confirmation(green rectangle close) on Megalodon ...
Megalodon Pro+ Short term isolators turned green! All we do is set alarms and get notified when there is a buy or sell signal. Meaning, you can actually automatize your trading process with Megalodon indicators!
Become a Megalodon today!
--------------------------------------
Swing and day traders —> Look for 1D confirmation(green rectangle close) on Megalodon ...
EURILS has just priced a Lower High on the 1D Channel Down (RSI = 48.245, MACD = -0.010, Highs/Lows = 0.0000) and has started to reverse. We are short with TP = 4.0900.
EURUSD has broken the 1D Rectangle (RSI = 61.651) but remains within the neckline of the Inverted Head and Shoulders on 1W. The 1W Resistance is at 1.1850 and since the long term trend remains bearish, the price should now reverse back inside the 1.1510 - 1.1730 Rectangle. So far, the price has been rejected twice near the 1.1730 mark, which if left intact on the ...
XAGEUR is trading on a 1W Channel Down (RSI = 26.364, MACD = -0.420, Highs/Lows = -0.7743, B/BP = -1.3920) on a steady bearish pace (as the neutral 1D CCI = -24.2424, Highs/Lows = 0 indicate). We are short, targeting 11.6000.
Everything is displayed on the chart
Stay tuned for the updates
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due ...
USDJPY is trading on the lower bands of a long term 1W Channel Up (RSI = 58.323, MACD = 0.320, Highs/Lows = 0.1607, B/BP = 1.2460) and has significant upside potential. The latest 1D candle sequence is most likely the making of a Higher Low zone (Highs/Lows = 0.3471), so we are going long, TP = 1.13155 and 113.876 in extension.
GBPNZD is trading within a very long term 1W Channel Up (RSI = 58.689) and has now just priced a Higher Low (MACD = 0.013, Highs/Lows = 0.0133, B/BP = 0.0680). A retrace is now expected to either 1.94500 or 1.9300 for a Higher Low. We will be buying both spots for a TP = 2.0300 (projected new Higher High).
EURNZD is trading on the pivot of the 1D Channel Up (RSI = 69.797, MACD = 0.012, Highs/Lows = 0.0057, B/BP = 0.0198). Some overbought levels (ADX = 70.051, Williams = -15.610) may need to be addressed with a small pull back to 1.76455, but we have already gone long with TP = 1.80242.
The last TP = 6.0866 hit and CADNOK has since rose within the long term 1W Channel Up (MACD = 0.038, Highs/Lows = 0.0111, B/BP = 0.0930) which is now pulling back towards its potential Higher Low (RSI = 53.641) near 6.27730. That is carried out within a 1D Channel Down (green channel, Highs/Lows = -0.0262). Once the low is made, we will be going long, TP = 6.500.
The Inverse Head and Shoulders scenario came to fruition as after EURUSD got rejected at 1.17310, it reversed, tested and crossed the 1.15531 Rectangle's support. After it makes a Lower High near 1.1590, the 4H Channel Down (RSI = 43.992, Highs/Lows = -0.0012) will aim at the 1.1510 1D support. If crossed then we should be looking at a first quick 1D gap fill to ...
EURCZK is trading within a 1D Channel Down (RSI = 25.124, MACD = -0.042, Highs/Lows = -0.1628, B/BP = -0.2948) and is on its way to a Lower Low. We are short with TP = 25.2500.
EURCHF has just made a Lower High on the 1D Channel Down (RSI = 42.183, MACD = -0.005, Highs/Lows = 0) and is now aiming for a new Lower Low near 1.10800. However due to the previous Lower Low supporting line, we are more cautious on this short aiming at a TP = 1.11417.
