Get started

Fib

SPY- Bearish- UpdateJust posting a quick update on the SPY here as on Friday we saw a hard rejection of the 400 level. The SPY closed out the week reclaiming its 50-day EMA and is sitting right on it at the moment, however, it rejected the 400 mark multiple times on Friday. Additionally, a bearish ABCD Elliot Wave has fully formed on the daily timeframe accompanied with some bearish hidden divergence on the RSI. Seems as if this bearish megaphone is continuing to play out so will be treading lightly at the moment. Lastly, certainly worthwhile to note the importance of the upcoming week economically speaking. This coming Wednesday there's the upcoming FOMC announcement pertaining to inflation and interest rates, followed by the Fed Chair Press Conference, as well as various other economic data of the likes of GDP data, and new home sales. Staying hedged & scaling into long-term buying opportunities. Just some FIB levels and RSI-based supply and demand zones to keep an eye on in the meantime - (Previous Charts Attached Below). --Previously Charted--
AMEX:SPYShort
by jacobosiason7
1
DOGE in the local downtrend. Lots of energy on 1D.Hello everyone, let's take a look at the 1D DOGE to USDT chart as you can see the price has dropped below the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.06843 T2 = $ 0.07035 T3 = $ 0.07241 T4 = $ 0.07513 and T5 = $ 0.07849 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.06040 SL2 = $ 0.05544 and SL3 = $ 0.04919 Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy and the MACD indicator shows that we have entered a local downward trend.
by cryptodailyuk
SOL is back to around $ 40Hello everyone, let's take a look at the SOL versus USDT chart over the 4 hour timeframe. As you can see, the price has broken the downtrend line and is above it. Let's start with the designation of the support line and as you can see the first support in the near future is $ 38.92, if the support breaks down, the next one is $ 36.49 and $ 34.43. Now let's move from the resistance line as you can see the first resistance is $ 42.78, if you can break it the next resistance will be $ 48.40 and $ 54.08. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used up and is slowly bouncing back, while the MACD indicator shows a local upward trend.
by cryptodailyuk
1
Long term buy on GBPUSDGBPUSD is trending on a solid support, on the weekly chart, we will search for buy setups using Elliot Waves, Fib extensions (from many points of view) and Fib retracements. We will also discuss the emotions of traders, where the sellers could start getting exhausted, and taking their profits so we can see the market bouncing. Divergence comes at the end to confirm my trade. Be careful, long-term trading needs a serious risk management, the stop loss is never close. Don't consider the buy order at the end of the video, the recording run out of time and i couldn't explain the entry precisely. This video is in Arabic language (Lebanese), I can start making english videos if you traders on tradingview are interested in my ideas. Thankyou, Joe
Long
by joe-abdallah
2
SP Futures ABC Elliott Wave correction is finished... BullishI believe the bigger ABC correction is finished. All of the waves are super clean, and all fib levels and extensions are spot on for Elliott Wave measurements. Doesnt mean it cant go into a more complex correction from here... but as far as the ABC correction... its finished imo. SP is now starting a bullish wave 1 of a much bigger sequence that will eventually take it to ATH. It appears it could be in wave 4 of the wave 1 now (wave 4 is often a triangle). My analysis on tsla from april (see ) had the end of the c wave at possibly 620 (hit within $1)... and i see the same things in the ES for now with a clean 5 waves down for the C wave (has to be 5 waves). 4300 would be a good resistance spot for this move to stop, as there was a triple top at that level. The big trade setup will be if price gets to the 4300 area, completing this first 5 waves up.... Then pulls back for wave 2 into approximately the 4000 area. This will be a SCREAMING buy opportunity in my opinion, and a great entry for wave 3 up, which can often be the biggest wave. Many things lining up for the bullish contrarian bet to be the right bet... We will see
CME_MINI:ES1!Long
by FourC
LaVinci's 30-Day PlanUnfortunately, we cannot predict the future. We can, however, predict the immediate future as a function of our free will in conflict with the universe around us. In anticipation of BTCUSD dropping to the 22,000 area, as a bearish harmonic extension distributes' itself, LaVinci has devised a plan to accumulate BTCUSD over the course of the next month. The goal is to avert risk while simultaneously reap rewards by scaling into multiple LONG positions over the course of the above mentioned time period (30 days). Stop-Losses are also devised in the plan to scale out and liquidate the long positions in the event that the current structure fails to react accordingly. Take-Profits aren't being taken into account just yet, for the anticipated time that this position will be held is going to be between 70-90 days. Please follow & critique, as critical feedback is strongly encouraged! Thanks, LaVinci
BITSTAMP:BTCUSDLong
by LaVinci
1
GMT in the local uptrend, SHORTHello everyone, let's take a look at the GMT to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local trendline. Let's start by identifying the stop loss we have in the near future: SL1 - $ 0.9975 SL2 - $ 0.9070 SL3 - $ 0.7979 Now let's move on to the goals we may consider: T1 - $ 0.9994 T2 - $ 1.0598 T3 - $ 1.1099 T4 - $ 1,7579 Looking at the CHOP indicator, we can see that in the 4H interval most of the energy was used, while the MACD indicator indicates a local upward trend.
Short
by cryptodailyuk