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NQ Power Range Report with FIB Ext - 1/25/2022 SessionCME_MINI:NQH2022 - PR High: 14499.25 - PR Low: 14402.75 Evening Stats (As of 1:11 AM) - Gap: = N/A - Session Open ATR: 406.37 - Volume: 97k - Open Int: 242k - Trend Grade: Neutral - From ATH: -15.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15550 - Mid: 15247 - Short: 14360 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQH2022Long
by mv3trader5
EURCAD Approaching ResistanceWelcome back! Here's an analysis of this pair! **Bulls are showing strength! After the aggressive push from 4100 demand zone, we expect it to reverse at 4325 area to potentially form a flag near 4240 zone. From here, we could see more upside potential. Where do you think EURCAD is headed? Let us know your thoughts in the comments! Please support this idea with a LIKE 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
by BKTradingAcademy
1
#BETA, Enter now for a potential +61% profit?A quick look at Beta (#BETAUSDT, 1D, Binance): According to CoinMarketCap, "Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets." The price has been trading in a descending wedge since its launch but may have found a support at the current level. Main Points If the support level holds, price may trade within a very profitable range. However, further drops cannot be crossed out considering the upcoming 2.5% increase in token circulation expected in February, according to Beta Finance's release schedule. Strategy 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
11
Look To Short Albemarle (ALB) Stock If Price Falls Below 215CAPITALCOM:ALBES Daily Timeframe Position Albemarle (ALB) may be nearing the end of its uptrend since late March 2020. A long-term Trend Line from the valley in March moves upward against corresponding valleys signifying the uptrend (weekly timeframe). For the first time price has now dropped and closed below the trendline. Although it has closed below the Trend Line, and that may signal that it is not in an uptrend anymore, we have not yet confirmed that it is in a downtrend. To decipher this, we use the 1-2-3 trend change method. 1 - This is where the price has closed below the trendline 2 - There is a retracement and a retest of the high that fails 3 - A close below the closest valley to the breakout (However, this has not happened yet). If the price pushes past 215 and closes, then this is another signal that a downtrend is impending Another short signal is the Double Top that has formed, which is compounded by strong selling (as you can see by the long shadows of the candles at the price range of 244). This Double Top has also been confirmed as we have a close below the valley between the two peaks (shown with the white dot). Yet another signal is the Fibonacci retracement that shows a pullback at 50%. We can see that price is hovering at a number of Support regions, including a Descending Triangle and Support at 215, which incidentally is also a round number. There is also Support Line formed for 215 from a smaller descending triangle to the left between September and October. If the price breaks 215, we can most probably expect a sharp drop until resistance is reached at 185 provided by the Support line of the Broadening Formation. 185 is also coincidentally 15% away from the breakout price. Placing your entry at 214 (past Support at 215) and taking profits at 185 will give you a 5.5 to 1, which is not bad at all. This is only if you place your stop relatively close to the Support that is keeping this price afloat, say at approximately 216/17. Consider taking profits rather at 194 just before the tiny bit of price congestion that appears in that Broadening Formation to the left. Price will most probably stall here and start to retrace, but you will be guaranteed a 3.5 to 1 . If done correctly, you can get out at this point, wait for the Fibonacci retracement at 62%, and short again if you see price is dropping further. If you are thinking of riding the downtrend, then placing your Stop loss at the 62% retracement from the valley peak when it starts to retrace is your best bet.
CAPITALCOM:ALBShort
by DevlonJarrodHorne
XAUUSD (GOLD) 4H Chart shortFactors to watch for gold price action- Global stock market- Bearish (Positive for gold) US dollar index –Bullish (negative for gold) US10-year bond yield- Bullish (Negative for gold) Technical: The near–term support is around $1800, violation below targets $1780/$1760/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance $1835, any violation above will take to the next level $1860/$1877/$1912 is possible. DISCLAIMER: ((trade based on your own decision )) <>
OANDA:XAUUSDShort
by Goldsignal75
BTC Bounce or... Fakeout?We are having a nice little bounce here, but don't be fooled just yet. I am very convinced this is a bull trap to get everyone to go long. Then we will likely break this upper falling wedge resistance trendline and convince the market we are reversing before having another shakeout to liquidate the longs and then continue up. If you are holding for the long term then don't worry. We might get a few good short term trade setups over the next few days. I am looking for some kind of rejection from the 46-48k level. A little pain relief over the last 2 days, especially to those who bought BTC at 40k area. Watch out for the bearish order blocks in the image (light blue lines) We will likely see a rejection at one of the 2 blocks. Trade safe guys. Don't get comfy just yet!
by UnknownUnicorn15302902