Fresh supply zone + edge of bank levels zone + stop hunt above pivot point = short opportunity
Support and resistance LTNC. A push above .085 can create a squeeze and the low volume distribution at .047 is a pivot.
entry on daily H3 Camarilla pivot. target developing weekly central pivot level. stop at daily H4 or above developing H3 for weekly levels if only bullish can wait for retrace and enter on the pivot retracment
It will come down to the next mean reversion for a look to enter now, but wow if you were long this last week or so, you are happy! It was pretty easy to stay in this trend this time around, and good places to take targets too.
1/Apr/2021 12:30 PM AUTHOR: Brandon Gum -- Monster setup here. RSI at pivot level. Price above 67 pivot is constructive. ======================
1. Identify the trend * On the chart: a. Part of Dow theory: multi-trades active at the impulse waves. Uptrend trend: - HH / Higher High: The following peak is higher than the previous one . - HL / Higher Low: The back bottom is higher than the previous one . Downtrend: - LL / Lower Low: The back bottom is lower than the previous one . - LH / Lower High: The...
1. Identify the trend * On the chart: a. Part of Dow theory: multi-trades active at the impulse waves. Uptrend trend: - HH / Higher High: The following peak is higher than the previous one. - HL / Higher Low: The back bottom is higher than the previous one. Downtrend: - LL / Lower Low: The back bottom is lower than the previous one. - LH / Lower High: The...
Target is the incoming pivot and L3 you see on chart. Keep in mind this last day of price action could adjust those incoming levels to come in both lower or higher the the monthly close. However that will only mean the retrace comes from a highe point. Easy to avoid risk by average cost entry up small to large. Or if bullish you ought to wait until the monthly...
I have made the chart available to use/edit (Link in the comments, if it gets approved) You can use the object tree tab (bottom right) to hide or show certain resistance groups to make it less cluttered. Don't take the prediction too seriously, was just a conservative estimate for fun. Key: Multicoloured horizontal - Fibonacci extention from previous bear...
Above was forecast for oils movement to retest 65. The forecast was spot on and was done so by correlating RSI and MACD playouts while mapping the key support zones. This will be a detailed explanation of this simple strategy. I am heavily relying on this strategy as the market has been all over the place and creating roadblocks for traders. To start I...
=== R3 -- 7.63508 R2 -- 7.50997 R1 -- 7.36834 === S1 -- 7.20752 S2 -- 7.05977 S3 -- 6.93365
Trades > Create: (Current Price: 0.00001190) Either confirm or choose to edit the trade ⚡⚡ #OXT/BTC ⚡⚡ Client: Binance 01 Trade Type: Breakout (Long) Entry Targets: 1) 0.00001221 - 100.0% Take-Profit Targets: 1) 0.00001309 - 51.612% 2) 0.00001385 - 25.806% 3) 0.00001507 - 12.903% 4) 0.00001705 - 6.451% 5) 0.00001828 - 3.225% Stop Targets: 1) 0.00001036 -...
Presented is a the 1 hr chart for this pair. All fundamentals and technicals point towards sell off continuation. I chose the 1 hr chart for a clear directional analysis however attached is the day chart snap that confirms direction. The pair is sitting at a key daily support of 1.48900. Currently on the 1 hr chart our MACD and RSI indicators are set to pivot at...
NQ in particular due for big pullback/correction as tech sector is severely overbought. Reasons for further downtrend - descending wedge which may likely hold price action for quite some time. bottom edge of wedge is lower side of parrallel channel. - descending triangle which is a continuation pattern very often. - weak pivot. - incredible RR ratio. - with trend trade.
Can play PINS both sides here depending on its reaction to the currently tested trendline (ascending dashed green line) Price predictions are based off of supply and demand zones as well as Fib extensions. Price movement (Blue and Red lines with arrows) isn't a a firm prediction but more of an indication of what important levels may be tested on both down and up-side.