edvestor

edvestor

One of the most important rules of trading is to follow the trend... We can clearly see that nasdaq is bullish right now and is in a uptrend, but we are approaching a big confluence zone : 0.61 Fib level- trend lines and horizontal support. Selling the first touch of 14340 area should be a good opportunity to short and see the reaction of the market. Don't forget...

edvestor

I still see XAU/USD to close the gap around 1868 as long as we don't break 2080... So Im looking for shorts on the gold until we fill that gap and then I may flip long to catch the next wave. Keep managing your trades.

edvestor

The DAX or the German Index is showing insane strength these past weeks compared to other indices. BUT we are approaching a major level of confluence: The all time highs of the DAX combined with the upper trend line of the recent structure forming and some wave measurements. Im looking for a swing short at 16250-16400 zone. Please manage your risk and always be...

edvestor

As you can see we broke the purple flag or channel but we are approaching a huge confluence level at 1.26-1.27 zone. We have the all time trend line combined with a strong horizontal swing level where Im going to be searching for a short position. Please aim for at least 1:1 RR and manage your risk.

edvestor

Gold is forming a weekly divergence and closed with a doji weekly candle, we still have a gap around 1870 area which could be a potential correction for gold. We are still in an uptrend and thus short trades should be managed closely.

edvestor

We are still in a bull trend for the euro , Im looking for buys with a stop below the purple channel, red lines are important swing levels and fib levels for take profits and short opportunities.

edvestor

This chart shows my personal analysis on the dow and how I would place my buy and sell orders based on the structure currently forming. I see that the bearish momentum is decreasing and we will start to reverse. Red lines and trends could be potential take profits for longs and short scalps.

edvestor

Nasdaq is trading within the orange triangle, thus selling the top and buying the bottom until we see a breakout would be the smartest move short term. If we manage to break upwards, the red horizontal line around 12900 area would be good opportunity to sell. The highest probability setup is shorting when the price reaches the red trend line and predict the third...

edvestor

As you may see, ETH is currently ranging between 880-1280 area. In my opinion this consolidation could be an accumulation for a push upwards towards the breakout of the previous colossal support at 1700 area and potentially forming the third top of the yellow trend line. So Bull Targets would be: The resistance around 1700, the test of the yellow trendline around...

edvestor

We've been trending down for weeks on the euro due to the immense strength of the dollar, but are we finally gonna see some relief?? As you can see, we reached a colossal support on the monthly which is 1.034-1.038 level and expecting a bounce from there. We formed a double bottom on lower timeframes and we have a potential Inverse head and shoulders that could...

edvestor

As you can see in my previous chart, We caught the top of BTC at 48.3k. We have been going down since then and I see a potential buy opportunity for bullish swing traders. BUY LEVEL: 34800-37300 STOP LOSS: Breaking the green triangle(Around 33900). You can hold till 29-31k if you can afford it(wouldn't recommend) and add to your position. This scenario could work...

edvestor

Most of us were bearish on bitcoin and were expecting 28.5-30 levels, but with the recovery of Nasdaq and this bullish momentum could we possibly go for more upside? In my opinion 47-49k area(where my red lines are) is the last chance for bears and a good short entry. I expect more upside if we break those levels, we can even reach around 72k and form the FLAG...

edvestor

Many of you are wondering if this correction on stocks is really over and we will be heading to all time highs again! That 23% correction wasn't some small move, we clearly broke the trend line and we are in a really dangerous position technically and fundamentally(inflation, increase in interest rates, war...). However, the market recovered really quick and we...

edvestor

As you may see, euro is near a weekly trend where a long term buy opportunity is coming. However, breaking this trend with possible war news would be very difficult to trade this pair.

edvestor

As you can see, we are in a descending channel and bull run is not confirmed yet, my yellow trend like here acts like a resistance and we saw a clear rejection in that area. I see this entry as a perfect position for bears.

edvestor

You see ethereum moving in a descending channel.My chart reveal an entry on a trend line that could act as a resistance anf already rejected the price.

edvestor

I tried to find the best angles and the biggest support area for Eth. You can find great buy opportunities in this green area and work on price action for confirmation. Green horizontal lines are great levels to buy, the red one is a possible retest and a good short. I expect diagonal angle to break and dip to 1200-1600 zone.