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Zoen_Trieste Updated 

BTCUSD Bias – bullish Reference timeframe – 12H Entry timeframe – 30M Entry order type – limit BTCUSD has been working the 30-40k range , with quite a substantial volume traded in the midpoint of that. If bulls manage to absorb the selling in this range, another round of marking up the price is expected. Seems reasonable to be looking for limit...

Zoen_Trieste Updated 

This is a countertrend setup based on a double top formation coupled with a 50-61.80% retracement of the rejection leg down. The probability works against fading setups but the RR is prioritised for its clear risk profile. The details of the trade are highlighted in the chart. Drop a line in the comments section if there's anything to be added or discussed.

Zoen_Trieste Updated 

The correctional formation target that was mentioned in the related idea has been met; the highlighted area is now acting as support. It looks like higher timeframes failed to close below this key area; nonetheless, this pair might probe that area as a failure test. In such an event, it is expected that the lower timeframes will turn by printing spring bars. So...

Zoen_Trieste Updated 

Reasons to consider getting out of short risk exposure if the highlighted area fails: Bearish Divergence Break of Structural Gap Overextended state These reasons might trigger some traders to short or sell this pair; however, in terms of probability, the market still favours bullish bias, evidenced by the context to the left. The break of the...

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This analysis makes use of the Gann Box tool; however, only certain lines are highlighted. The bars pattern is mirrored to show the potential for symmetry here; a beautiful tendency of markets and nature in general. Looking for higher targets from here.

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I am getting a feeling that there could be a 5-0 correctional harmonic formation in its maturity phase, currently. It can also be viewed as an inverse head and shoulders pattern. The highlighted harmonic pattern is the 5-0 pattern with the X being the 1. TV doesn't have a tool for 5-0 patterns, so the Cypher tool is used which lacks one leg. The highlighted...

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Further to the earlier idea shared before the splitting of this stock, here's an updated version of the chart showing the same levels but adjusted for the split. The structure of this market suggests a completed 3-wave impulse sequence, which is now being corrected by profit-taking and short selling. The current correctional formation is seemingly completing the A...

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The above chart is an attempt at showing BTCUSD's monthly structure. As this market enters a sell rotation, it makes sense to be alert for potential reversals in the sub $10k area. Monitor the $9.2k-$9.8k price range for supply & demand imbalance hints. So far, BTCUSD is printing a correctional formation linked to an overall risk-off attitude that started sweeping...

Zoen_Trieste Updated 

The most recent BTCUSD pivots on the 2H chart show a potential move to the upside where BTC is expected to meet the Median Line of this pivot set. If, however, BTC price fails in that highlighted key area, it might set up a new pivot set with a down-sloping Median Line that will serve as a potential target area for the next round of selling. The concept is here is...

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TSLA price action has been heavenly for bulls and agonising for bears; the price of the stock has increased more than by 1000% in just a few months. The above chart is an attempt to illustrate that increase by taking a locked price to bar relationship of $5 per 240min of trading. The result is quite simple yet elegant — an easy roadmap to navigate for the upcoming...

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The oil market is held up by new long interest working the sell orders of prior buyers, who are by now feeling the urge to re-enter. In fact, the best time to counter a trend is when the urge gets too prominent; with another 10% of upside here, one can start switching from buy-into-weakness approach to sell-into-strength until that green rate is met by this...

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Here is a road map for this contract's price development until its expiry. As the futures curve is in contango, the CLU2020, which is now the new front-month contract, is yet to test the supply around the 100% up area from its YTD low. Furthermore, 50% of the YTD range is also around the area where this contract is currently trading. These factors are expected to...

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This pair has had a decent bullish momentum as of lately; active long interest might come across as greed driven. Seemingly, the EUR bulls are looking to square off exposure, translating into an oversupplied market at least for a short-term correctional formation. The most prevalent scenarios are highlighted in the chart: bullish continuation in green and bearish...

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The above chart shows potential price development scenarios before the expiry of this contract. The higher timeframes are showing signs of selling, any weakness in oil at this point can be justified by long interest vacating their holdings at almost a 100% gain from YTD low. Though aggressive bears might join in for a swing lower, it is imperative to be looking...

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Looks like a good opportunity is coming up on this one. Fading the Dec20 RB(buy) CL(sell) Combo IC spread by selling into strength seems reasonable.

Zoen_Trieste Updated 

This pair is seemingly setting up a supply test with an increased odds of a failure. It just might give us a nice long entry with an optimal risk profile. The long entry, take profit and short areas are highlighted in the chart. The more prudent approach is to take equal measure for risk as for the highlighted result. However, this can be made into a 2R setup if...

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BTCUSD has been consolidating above the 100% point from YTD low during the last two months. Seemingly, the pair is now getting ready to probe the sub $9k area as a failure-test. If offers dry up as price dips beyond that range, which is expected to happen if the failure-test occurs, the price action is likely to wick that area and proceed higher as a result. It...

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The chart shows a fib projection based on a technique where the measurement is taken from low to low. In this example, I used the .236 ratio and connected it with the recent higher low and expanded the movement in direction of the original price move according to the Fibonacci Section ratio. An interesting technique that is not so popular among the traders here.