Get started

Dailychart

EURJPY LONGEURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction. The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames with the H4 being the more clearer. We have also spotted a trendline breakout, close and retest followed by a change in market structure by the breakout, close and retest of our key level. The target for this particular trade is around the 132.6**The risk reward for the trade currently stands at around 6.81 to 1. We plan to hold this particular trade until out target is reach or close manually as per the rules of our trading plan.
Long
by NDOBObanks
2
Silver can move higher 🦐SILVER after the recent drop reached the weekly support over a previous resistance olevel. The price couldn't break below and i can see a false break out where the bulls took the liquidity and hut the bears stops. How can we approach this scenario? On the weekly chart instead the price still seems to need more retracement but If the market will break the previous neckline of the h&s pattern I will consider a nice long order according to the Plancton's strategy rules, ----- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any questions. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
SAXO:XAGUSDLong
by InkyGrip
2
POTENTIAL BTCUSD LONGS ARE SETTING UPBTC is setting up some BULLISH structure has have been analysing over some few weeks now. And I am still BULLISH on it providing some technical levels I am looking at. I run this analysis based on using: Fibonacci Retracement levels Confluence with Order BLOCKS And Shark Harmonic BULLISH Pattern. From the All Time High of about 68950 and swing low of 28600 to where we are currently is a deeper retracement to 88.6% @ 33200. This where the SHARK PATTERN confirms an entry BIAS @ D leg of 32950. The RISK level remains 28600 low which we do not want to trigger as this will lead to weakening of the current BULLISH. As we haven't seen such a weakness, the BULLISH tone remains and all we have been seeing with Price Action remains a deeper retracement. And such a discount is all Traders dream and being able to catch is how to conquer FOMO. More reinforcing technicalities is the break above current high on the Daily Price Structure @ 44456 to 45850.For me this a significant Bias that gives me an indication more high prices are possible. Also the creation of liquidity above this areas means there are loads of stops orders that will add as an additional propellant for price if further demand flows in. Also I like to see DOJI's and HAMMERS in my POI interest as this basically shows me the indication of the type of aggression and huge competition in investors psychology as they are showing they are willing to grab the instrument at such Point of Interest(POI). The last is to use the current CHANNEL as a guidance of how price may progress till we break. I hope this gives you a bit of insight into my bias and if it enlightens you further do not hesitate to give a like or a comment. Wish you happy trading and all the good luck you need and the most important trading psychology you need to be successful.
BITSTAMP:BTCUSDLong
by LukmanBalogun
NZDJPY Correction Continuation LONGWelcome back! Here's an analysis of this pair! **NZDJPY is now trading in an uptrend and approaching resistance 79.20 area. I expect a correction from the area back to previous support near 78.40, and further growth upward. Bias is LONG! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
My Bitcoin Hopium for Today on the Daily ChartMy idea is if we hold today and don't go any lower, having already learned the news that Russia is and did invade Ukraine, then the principle of "buy the rumor and sell the news" is in play, only on the short side. In other words, people shorted when first hearing of Ukraine and now after knowing what Putin would do we had another move down and now my thought is there is in "Hopium's View," no more downside left. Anyone entering shorts now would be shorting the news rather than the rumor. With that being said I am hoping this is a new low which would mean we didn't hit the low of 1/21 and therefore "hopefully" put in a lower low and we can now look for a higher high of above 46. You can see my ideas of where highs and lows might be and the time it may take to get there.
COINBASE:BTCUSDLong
by MultiG8
#BETA, Is this another entry opportunity?A quick look at Beta (#BETAUSDT, 1D, Binance): Since my last idea , price found support on the $0.40 level and looks ready to give us some more fun! Main Points Yesterday, BETA has seen a considerable above-average trading volume, with price pushing as high as +20.89% at close. If BETA breaks through the EMA 50, it may go up to the most recent highs and even test the resistance of the range, for a +23.15% and +46.81% respectively at the time of writing. Strategy TPs set slightly below resistances: TP1: $0.63 TP2: $0.768 SL: n/a(*) Additional Reading If you want to read more about Beta Finance on CoinMarketCap, click here . What do you think? Any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! (*) I do not use Stop-Loss for the simply because that I do not margin trade, and I trade only assets that I do not mind keeping long-term should the price suddenly crash. ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Check them out! Needless to say, this is not financial advice!
by BitfulMind
3
BTC/USDT : Daily View, Opportunity to enter in the bullish trendBTC/USDT : Daily View - Opportunity to enter in the bullish trend above 40800 Context : Following my previous Mid/long run analysis here : You will find below the short-term element leaning towards a new direct rise from the bottom reached the last past hours. Daily View - 1 to 3 days - 3H chart basis On a short run the BTC formed a range pattern with a lower part at 42800/42100 (entry level area) corresponding to the EMA (Exp Moving average) accumulating bullish momentum. The RSI indicator is also coming back to 50% which is quit healthy after having shape a small divergence. Looking at Harmonic and Elliot wave structure we are still expecting a formation of a wave 3 in the 51K/ 52300 area Conclusion as long as 40800 remains daily key support on 3H close basis a larger rise towards 51K first and 52300 is expected before starting in pause like a range in wave 4 in the coming days. In case of 40800 downside breakout the market will provie a bearish pre-signal jeopardizing the recent bullish reversal with 37800 as short-term alternative Target
Long
by JeanJean1983
1