Ethereum Major Trend & Reversal Roadmap Until 2022Using Fib Time zones. Going into halvening with major momentum. We are at a major zone time period right now. Going to see how this turns out.
Zones
CADJPY LongHas an Inverse Head and Shoulder and is respecting support of trend line. Expecting it to push up and complete the pattern. It has one zone to break and once that's broke, it's gone. But, expecting a 50 pip move upward.
Using support and resistance for a long position on USD/CADThis is my first time publishing a strategy so let me know what you think of my analysis, I used trend lines and zones to mark the support and resistance so I can have an idea where price could go on USD/CAD 1HR and 4HR time frame.
GOLD broken out of zonewe have been stuck in this Zone now a break out to the down side
what is your thoughts on GOLD from here?
Crucial Zones Testing In BankniftyLook at the bigger picture.
On the chart itself Banknifty is stuck between a significant support and resistance zone. For all those who are waiting for going long on banknifty, a close above this level might decide the future. Also, if you look at RSI it is in the key support zone . If RSI trends upward after taking support at this level long positions can be initiated. On lower time frame if the ascending triangle breaks successfully then upward momentum will be confirmed. ( There might be chances of triangle breakout failure for short term as seen in USDINR)
This setup might take a few weeks to occur or could never happen if the above zones break easily due to any reason. Wait for confirmations then initiate a long position in this scary bearish market only if you believe in your setup.
This explanation is only for educational purpose and isn't any kind of recommendation. Don't take any action based on this explanation itself. Consider your financial advisor before taking any trades.
Thanks for your time. Happy Trading
Prediction For USD-JPY (BUY)As we see from the chart based on 4H time frame we had a downtrend which then started consolidation. As you can see price hit my roof and floor multiple times during this consolidation which now leaves me to believe where price is now resisted my floor and looking to make its way up for a BUY.
SELLPrice has fortunately dipped in our zone however it has already started bouncing out and most of us could have missed the trade but provided we get a small correction we can get into the trade or add on it .Watch it play ,small targets 30 pips .
Bitcoin Levels April 2020Bitcoin is currently standing between the weekly open and monthly open levels. Quick analysis of the levels anticipates the following levels:
March Open - 8523
April Open - 6412
Weekly Open (20 Apr '20) - 7121
Yearly Open - 7195
BINANCE:BTCUSDT
In case of a candle close above 7450 - 7500 it is quite certain to expect the next zone at 7600 - 8100 to act as resistance.
With 17 days before the halvening on the Bitcoin block reward, we might expect volatility on both sides.
Let's see how we progress.
Eyes on the prize!
ALKS - INSIDERS SHORT sign + SPY WEAKNESSHi traders,
I am going to share yesterday's trade with you, that we opened in our accounts. It was a SHORT in a market that is in a pretty nice downtrend.
You will probably have a question - Why do you open short trade in this falling market?
Because INSIDERS increase their SHORT positions - and that´s a SHORT sign ! Trading with them is much easier than against them.
In the video, I focus on the volume profile too, and how to use SPY for the confirmation.
Trade parameters ( NASDAQ:ALKS ):
Direction: Short
Entry: 15.90
Stop-loss: 18.44
Profit target: 10.79
Good trading!
Jakub
FINEIGHT
INSIDERS enter the GAME! - let´s FOLLOW them!!Good morning traders,
I am going to analyze the 2 markets that I opened yesterday. The really fantastic amazing thing behind these trades is, that INSIDERS open their positions too .
And what´s the truth about them?
They have the BEST information about THEIR company . Neither you nor I can ever know what's going on inside those companies.
So if you see INSIDERS increasing their LONG positions in a bull market , prepare for a nice RALLY .
And finally, if you see INSIDERS increasing their SHORT positions in a bear market , prepare for nice SHORT trades .
List of trades:
1) NYSE:EDU
2) NASDAQ:FFIV
Good trading,
Jakub \ FINEIGHT team
GBP/USDgbp/usd awaiting confirmation...
Multiple time frames always help you get a better understanding of where price is heading. History tends to repeat itself as they say.
XAUUSD SHORT XAUUSD FINALLY TOUCH THE MONTHLY SUPPLY AREA SO I AM EXPECTING A VERY LONG TERM SELL , BUT FOR NOW WE CAN SEE A REVERSE MOVE FROM THE CURRENT LEVEL AS WE KNOW ABOUT GOLD IS IN VERY BULLISH TREND FROM LONG TIME AND IT WILL TAKE TIME TO REVERSE THAT LONG TERM TREND
GBPUSD analysis on H4GBPUSD is at a strategic support level on the 4-Hour chart on the drawn trend line. the currency pair has shown a strong up move in the recent past and minimal bearish moves. Our stop loss will be placed at 1.24669 while out take profit will be placed at 1.26208,1.27701 and 1.29580 respectively.
This post does not provide financial advice. It is for educational purposes only.
CADCHF long I see price testing off the top of this zone for a continuation to the upside
- let my know what y’all see
GBP/CAD SELLS - 1.73159 Potential Target AreaPotential SELL Position on GBP/CAD - 1.73159 Potential target
Cad Jpy ShortThis the short opportunity I see on CadJpy. Price once again has rejected at the 78.00 region. Before this price had trended up to form a rising wedge and now has broken lower again. I will be hoping to take this pair back down to the support area at 74.000 again.
EUR/JPYIf it closes below the zone the probability for going down is high.
If it coloses above the zone the probability for going up is high.
XAUUSD (GOLD) Bearish ScenarioGold has been very bullish and seems to have lost its momentum....im expecting a retracement before any further rise.
I have marked the possible levels that price may visit and react to.
EUR USD SHORT 200+ PIPSStructurely on the HTF we are at monthly and weekly LH the trend has been strong for a couple years
weekly time frame we see a Potential H &S and a retest of the weekly and monthly LH
Daily we see price stalling in the zone
H4 where the entry is at the top of the consolidation
moniter H1 and lower for LTF transitions to continue entering
NFP tomorrow will be crucial
anticipating dollar bulls
