we have retraced .618 from the initial drop in a counter bear trend pullback that has made lots of new longs, but a lot of signals remain sell. if we hold the .5 or continue immediately im long, and if we resist from the .618 and move lower im short. we could resist or support from lower horizontals, and im long/short on bounces from/resisting or breaks/trend...
Short term NQ looked to catch a number of shorts today with a dip back into range and a drop below the tight range lows, only to reverse back up out of range and looking at Grabbing some target above for more BSL to pair up before setting that big round 750 low in the sights.. Targets on scope.. lets see where we go this week, up first to go DOWN.. ?!?
Setup: Support reversal Trade rating: 4 Reward: risk: 5.5:1 Great risk to reward and key entry area
We saw a bullish MACD cross. If this holds we will have a green day.
Bitcoin just hourly 200 MA - acting as strong support. The last time it did this BTC did 9% in 28 hours (25th Oct) Entry between: $20,250 and $20,350 Stop: $20,150 Exit: $2740 Ratio: 2x (Win is twice as big as the loss) BULL CASE If it repeats that pump from Oct 25th. $22,120 is 9% from the 200 EMA touch BEAR CASE Breaks below $20200 with volume. Doesn't...
Price action wise, Tesla seems to be running out of steam. June's pump was likely for Elon's sale for $TWTR's purchase. There is nothing much literally left for the bulls, save for a last small buyback and purchase. i) Fibonacci .382, ii) 200 hourly ema & iii) 234 resistance line might prove as short term resistances.
Ascending triangle pattern on the hourly, however it failed to break out thrice, area of resistance is the blue rectangular, bullish cross on the macd signal line. SOL 1H
Playing off the momentum train here with BTCUSD. Saw some consolidation around $21450 and short term support, decided to go long here also reaffirming from the daily chart and looks like nice space in between major levels. Arrows represent the present levels of rejection BUT something to note and the main reason I took a BUY for this on the hourly, all of those...
i imagine that if we cross above this pivot hourly and beat TRAMA and SSS signal turning it green the QQE long entry will play out for bulls aroundupper gorizontals, and if we stay beneath those levels turning TRAMA back down hugging SSS signal lower remaining red i would look for lower horizontals.
GBP/USD has respected the support area of 1.21534 for quite a time it has potential to reach the resistance area on hourly chart . Trades can be executed with proper risk management theory
We have an Ascending Triangle visible on the 4 Hour Timeframe for ADA that could be enough to take us back up near 60 cents atleast.
the hourly picture for the nasdaq is looking like weve managed to hold some support over a daily neckline. if that necklline is threatened, id imagine we are revisiting that lower level soon. if we break it- look out below as a close beneath $31 will probably dictate 29.24 or lower. if we manage to hang on to this daily uptrend and close above the 33 mark i would...
My daily fantasies; they fail most of the time. note: "Patterns are not confirmed before its formed" actually even "after they are formed"
This is just a bitcoin chart for the lower timeframe the hourly I can actually candlestick chart, all technical market indicators point towards all Time high incoming, how ever we know the bitcoin does not operating a linear fashion, there are four we will have Rita's, is this a potential set up for a retest of the 42K 111-moving average as support or does Hidden...
hi to all lovable traders and investors hereby i want to share a combination of trade ideas for scalping i've chosen hourly timeframe indicators used: moving averages and rsi moving averages: ema 3, ema 5, ema 7 sma 3, sma 5, sma 7 daily_ema_3, daily_ema_5 daily_ema_5, daily_sma_5 rsi: rsi 7, rsi 14, rsi 26 daily_rsi_7, daily_rsi_14, daily_rsi_26 as per the...
trading in bearish momentum with a falling vwma and short qqe while rsi is sinking towards oversold selling 4239 target 4179
After a fresh bearish reaction, Bitcoin price extended decline below the $42,000 support level. There was a clear move below the $40,850 support level and the 21 simple moving average (H1). The price dived towards $40,000, but the bulls appeared near $40,120. Recently, there was a minor upward move, but the price faced sellers near $40,950. It started another...
I am semi new to FOREX and this is my first published idea. Recently price action has been respecting a short term uptrend and has created an ascending wedge. We also have an uptrending RSI. I would be looking to see what happens if price retraces down to the 115.000 area. It could potentially continue to respect the trend and continue upwards, or I would prefer...