UNIUSDT Chart AnalysisWell how to start !! Everything is in green from the past few days so as UNI, it's in nice uptrend heading towards the resistance which is at around 6% above from here ( Resistance at $8.146).
Currently it's in middle of the river, so what to do now? IMO as $BTC is testing it's breakout zone, I see no reason to be bearish for short term atleast it doesn't mean that I'm suggesting you to go long here, you can trade UNI if you want but make sure you ready to take big risk cause may be the local support zone at $7.3 may hold but don't trade based on the expectations. Let the market to tell us what we need to do.
So what's next? My suggestion is to let it come to one of our zones, may be retracement towards $7.31 price zone, I'll update if I observe high interest there, with respect that you can plan your trade.
What if it headed towards straight away towards resistance well then we can observe again and based on the appearing interest at that time let's decide whether we have to be on long side or short side. See guys no need to rush planning is everything.
Disclaimer : Anything provided here are only my opinions and ideas. I am not giving any financial advices, trade at your risk.
Intradaytrading
0 lineIt is very important for bitcoin to cross the 0 line on MACD to change the bearish flag into a bull 🐂 run by the way if it fall again then the bitcoin will give us the real bottom.
Do scalping if you are good at scalping at current situation.
I would not suggest you the swing trading.
Make sure to manage your Risk.
Intraday & swing trade:- DeepakfertScalping Deepakfert
sell Deepakfert below 606
Target 600,594.
SL 607 (risk is 1 point)
If it falls it will touch the target within few minutes. so go with the momentum.
As on the chart, there is superb trendline support on the 1-hour chart. so, buy Deepakfert if it takes support above 608 for the target of 615, 625, 640,650 (Swing Trading).
For buying, you need to know price action & Candlestick analysis. If you find a proper set-up like hammer or dozi then take entry. It would be a significant risk: reward set up
US30 EXPECTED TO TRADE BEARISH INTRADAYHello traders, there has been a rejection at a supply on the us30, more bears are expected with target at 30700 price level intraday
SPY The Bears are Back in Action!!Happy Sunday!
Let's breakdown what happened this week with SPY and what I think will play out this week:
-We filled the gap
-Twice SPY retested the 200ema level @ $450.00 before moving back down
-Strength moved from bulls to bears once this happened
-On a 5minute chart the last 10minutes before the end of Fridays session we finally closed below the 200ema level signalling the bears are back!
Next week:
-Break of my support level @ $447.00
-We head down to test the low of the week @ $443.50
-Depending on the strength of bearish momentum I can see us heading to $440.00 which is another key level of support I have and we would be making a lower low
-If bulls come back and somehow buying pressure is refuelled and we break $450.00 then SPY can easily head to my next resistance level of $454.00. However note that on the hourly chart we're clearly in a downward channel making lower highs so a move to $454.00 would still be overall bearish
Have a great trading week everyone and please feel free to share your opinions in the comments :)
SPY Key Levels for April 16, 2022Today was the day that bears finally took control now the question is will we see a continuation of bearish momentum tomorrow? Most likely
Key Levels to watch out for:
1) $449.00 (I prefer to round to the nearest whole number as it is a psych level) however $449.16 was the previous low as you can clearly see on my hourly chart. There are 2 things to consider and ask yourself when watching price action at this level... Do we get a double bottom and price reverses? Or do we break through and continue lower?
2) $447.00 if price decides to make a lower low I can see us heading towards this next level of support
Notes in favour of bears:
-Stochastic rsi is approaching oversold levels and is not choppy suggesting selling pressure shall continue tomorrow before price reverses
-On a 5min & 15minute chart we are officially trading below the 200ema which signifies a downtrend
I can see price potentially retesting my 20ema level on a 15minute chart before collapsing back down (if this happens we will still have a lower high so I wouldn't be fearful of a slight move up in comparison to today's closing price)
Happy Trading and if anyone would like to share their opinions please feel free to comment below!
Intraday Sells Forecast on GBPNZD Strategy is simple, we have outlined the key levels and we are anticipating for a SELL on the positions marked only if a rejection pinbar forms on the key level signifying sells. Any other type of candle formation like a spinning top or Doji is not acceptable. This is because if a candle like that forms not signifying a clear rejection of that level then most likely the Intraday trade wont take place and the market will just range and be undecided on that day.
EURJPY Short-Term Short KiSS StrategyWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** EURJPY Vide Analysis - listen for details.
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 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
Setup for next week! Hello everyone!
Hereby I show you my setups for the next week(s).
EURAUD, EURCHF, EURGBP, GBPNZD are intraday/swing trading strategies
And as a bonus I have added CHFJPY for a more scalping strategy.
If you have any questions, want more information or free lessons you can always send me a message! :)
Merry christmass and happy holidays!
Siemens short below - 2465All the details are mentioned in the chart along with entry, targets and analysis.
Sell Below - 2465
Targets mentioned in the chart.
RSI in Oversold region
MACD is getting resistance
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
How to use Volume Bar Breakout and Breakdown IndicatorThis tutorial provides guidance on how to use "Volume bar breakout & breakdown Indicator" Indicator. It explains
When not to take entries
How to setup Stoploss and Target
what timeframe to use for equities and commodities but you can decide as per convenience