Point of Risk-Reduction: 14608
Stop-Loss: 760 pips (76 points)
Risk: 0,5% -1%
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Using the Options Alerts indicator to automate fibonacci retracements, support & resistance levels based on previous candles, Clear Buy/Sell signals & regular buy/sell signals with a dashboard showing overall trend.
Looking at the 1hr chart for BTC /Binance, we can see that our Whales Buy-Sell indicator and Volume Extractor indicator called the top perfectly with 3 red diamonds and a Sell signal! We can see that Bitcoin couldn't hold above our support at $56,440 and went to retest the Daily diagonal support of $56,100. Unfortunately it fell through that diagonal support down...
As we saw the movement on the prices of oil the last week we saw strong bullish momentum and high demand on oil during the last week
and on our opinion the OIL may make strong retracement to the south to the level of 76.50 at the level of 61.8% Fibonacci expansion
and then we might see pullback one more time to the current levels at 78.5 from that we may see...
My weekly position! Going to short ( buy puts I should say ) Planet Fitness
Technicals & Fundamentals support a decline in value of this stock short term and I am very excited to explain my findings, beliefs, & trading strategy.
I. Candle stick analysis
II. MACD shows growing bearish divergence/ weakening bullish divergence
Based off of our Fibonacci drawn on the H1 time frame, we can clearly see an opportunity for Bears to enter right now by the 38.2 level of the Fib. If you decide to take this trade plan, feel free to set your take profit levels between the 138.2 to 161.8 level. If you pull yourself to a higher time frame (daily or weekly), you can see that at that 161.8 level,...
As we all can see the Japanese yen on the Monthly chart the strong bearish momentum and the bearish waves are clearly visible on the chart
we also saw that the price formed lower highs and then lower lows which supports the bearish momentum at the market structure analysis
after that we saw the USDJPY pair trading in sideways direction and the sell high buy low...
We saw the Ethereum movement on the Weekly chart and the rejection from the levels of 85% FR at the numbers of 3970 and then the Crypto currency made its retracement before the Bitcoin therefore we expect consolidation movement before the continuation of the Downside trend
from that approach we can position our sell limit orders at the numbers of 3850 with our...
Hello traders, let’s look at EURUSD for today’s daily analysis.
Let’s talk about EURUSD
yesterday it broke out of that small range and it actually retested that maroon trend line but I did not execute since I wanted to wait until price moved to another location. Well here we are.
Price makes this huge bullish candle and then reverses. It did this twice.
For today’s daily analysis: We are seeing a retest of resistance after a double top was formed this morning. Usually this indications a bearish market. Since we are in a downtrend we can clearly see a zone of interest, being this resistance zone I have a black box around, and the maroon trendline which indicates the channel we’re in. All of this tells me it’s a...
I know that some people out want a Easier Approach when trading stocks. Please understand i am not a License Professional trader, been trading since i graduated from high school 14 years ago. Wanted to show a brief way to trade the GANN theory that i have posted before this. How to set up the GANN is outline in it, if you need help please message me. ...
We can found a technical figure Triangle in the Swiss company UBS Group AG (UBSG.vx) on a daily chart. UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy. The Triangle has broken through the...
EURUSD pair hit our H4 trendline & our Weekly/Daily zone so we are looking for a Sell trigger on a lower timeframe
as you can see on M30 timeframe we can draw a valid descending channel
Now we're waiting for a momentum candle to touch and close under our H4 trendline to enter a Sell position
Feel free to share your comments and if you like our analysis follow us...
Trade the Range until it breaks and here we have a classic example .
TTD has been inside this range since Nov 2020 and has respected
the Top , Bottom and mid range of this descending channel .
We are currently approaching a key resistance at the top of the
Descending channel .
Hitting the very top Fib level that I have marked and rejecting there would add...
Outlook for SPX
We can expect a minor contraction based on MACD, Guth 3x confirm, and D+ divergence cloud.
Key word is minor! Our new point of resistance on the 45min chart is 4416.10 which would only be a 55 point drop ( 1.24% )
This drop could happen at the open, or intra day.
This is not processional advice but I ask you fellow experienced traders to...
We have used stronger support and resistance trend lines using the MA5 gold turn. These strong levels have opened up two gaps. 1835 and 1726. Both targets are strong. Situations like this its best to choose one target and money manage your positions towards that target.