I am not a financial advisor nor expert, please make your own analysis and trade with caution! In the chart you will see my thoughts on Binance coin. I really like this coin as the market cap is around 39 billion and it's not volatile as other crypto coins. Best for buying and holding. Since it saw big surge to the three number price we see more people using it...
Confluences: Before anything I need to see this current 4H candle to close as a maribozu, if not, I may need to wait longer. However this are my confluences. -Price was in a steady upwards channel -Price broke this channel and broke structure at the daily timeframe level with a lot of momentum -Gonna enter when price retests this structure -Gonna sell it to a...
QCOM at 200 SMA support and will likely revert back up or trade flat. Trade Ideas Shares : Long around the 200 SMA ($125) for $140 and $152.5+ Profit Targets. Short Put : 110 strike expiring 4/16 for $1.3 Credit. Short 14.5 deltas with a 82.5% POP. $1000 BPE for a decent 13% ROC. Close at 50%-75% profit, 150%-200% Loss or 20 DTE, whichever comes first. ...
Extremely oversold. While its fundamentals might still point that it is overvalued, its technicals are looking strong for either a strong move back up as shorts take profits and people buy back in now that it is at a key support level and has shown resistance towards a further down move. High Probability, but risky due to its high volatility. Trade Ideas: ...
Apple is at key trendline and 200SMA support right now. It is one of the more oversold tech players and will likely reverse back to its mean. Trade Ideas: Shares : Long around 117.5 for 125 and 130+. 5-10% Swing. Covered Call : 131.25 expiring 4/16 for $1.5 credit. 17.5% assignment probability and a 12% covered return. Credit Put Spread : 110-111.25...
after the successful GBPCAD short, now we reached the first major daily trend line. Between today till wednesday we will see whether we break and retest it or we bounce off it. Either way there are a lot of pips that we can grab! As of right now both Pound and Cad dollar are showing a lot of strength so it's a good sign when we see the continuation or the...
AMD, similar to NVDA, has likely been hit by recent chip shortages. Their profits and market share only keep going higher. This is a fundamentally and technically strong play that could yield high returns if it hold. Trade Ideas: Shares : Long around $73.25-$76 for $83.25, $90 and hopefully $100+. No great options trades due to very low IVR of 5%.
Confluences: -Price structure has been beautifully bearish (LL, LH) -Trendline has been created and tested three times -Enter on the 50 fib retracement (on the 4H) -Stop above the 78.6 -Take profit at the first bullish trendline (daily timeframe) -Also price broke and is soon retesting a major resistance zone (blue rectangle) Feel free to tell me your thoughts!
Price make a fake hand & shoulder for trape the trader , beacuse seassioanl tendency in march till 20 price strongly weak and then go up.. now price make a lower low it may be total soap but cot and sessional indicate price go lower.
Confluences: -Price retraced to the 71.8 level (daily fib) -Then now it broke the 71.8 level, of the new 4H fib. -Placed a buy limit on the 71.8 level and ill take it to the 27 extension. Feel free to tell me what you guys think! Happy trading.
Confluences: -Price failed to break the daily resistance, so I'd expect a retrace to the 61.8 daily fib level which overlaps perfectly with a reversal zone. -I will buy then and take EU to the next zone taking partials at the major resistance line (considering the stop loss is low I can place a higher lot size) -Stop loss will be at the 71.8 which lines up...
Confluences: -On the daily there is bullish price structure -DXY is very weak -When the 4hour candle closes, if it closes as a bullish Maribozu, I will wait for the rest of the key level and place a buy stop taking it to the next level -If the zone acts as support, this trade becomes high probability Good luck and tell me what you guys think!
Confluences: -W pattern -Price respecting fib levels -Price re-entered previous daily trendline -Enter on continuation with a buy stop -Good Risk-Reward -AUDUSD hasn't retraced in a while so weak AUD should correlate with GBPAUD going higher, also the pound has been really strong lately -Take profit will be in the second zone, I'll take partials at the first zone
According to sessional tendency of EUR is bearish , and AUD bullish .so EURAUD MAY GO down. In price action price beautifully react previous ob. PA will make it high probability
aud sessional tendency show the uptrend till march. so in daily price break the previous high and show bullishness in price action waiting for retest..
Confluences: Simple break and retest in 4H chart. wait for it to break with a 4H candle close, place a sell limit at the bottom of resistance (previous support) and wait Let's get this bread! Also it will re-enter the bearish price channel
According to sessional tendency EURUSD is bearish but Cot graph show the commercial increase their long and price action show the strong bullish move .but on1.21500 have FVG and fresh Bearish order block is strong level to looking sell . But i like to see price will go to in consolidation then watching total soap.. best of luck any quarries you may ask ..also...
we have 3 poi so entry will lower time frame with any PA .. good luck my previous analysis fail so looking for buying because of no PA