Bitcoin MonthlyFinally we have a nice bullish pullback.
Pullback doesn't mean bullish trend guys.
Patient is the key to be profitable.
Just follow my boxes and you'll be good.
All you need to know to trade safe and with profit.
Pullback
Trading RSI Divergences LIKE A BOSS (I may have failed you)Get your copy of the Free Heiken Ashi Algo Oscillator
I'm not going to lie. There is WAYYY too much technical stuff to type up in this for you guys. its best if you watch the video. Always Always Always ask questions below. I am always more than happy to show you what's what.
This is some UPPER LEVEL STUFF in this video and i know a lot of you won't fully understand it but i want you to understand what it is that you DON'T KNOW about.
Unless you know these things, you won't know what questions to ask about. So here we go. Let's get into it.
Trading the RSI Divergence like a BOSS
After the RSI Divergence is found:
On the chart: (KEYS)
1 = last HH
2 = current HH
3 = 1st HH Closing Price
4 = Confirmation of candle closing BELOW 1HH close price
5 = Find your targets
6 = Pinpoint any target with multiple confirmations
Steps to take:
1. See last Highest High
2. Draw a line across the last Highest High close price.
3. Confirm second HH is higher price but lower RSI value.
Now wait....
4. Wait for candle to close below price of step (2)
5. Enter SHORT if (Heiken Ashi Candle is closing RED)
6. Your 50ema is Take Profile #1 (Set it up)
7. Your swing high is your stop loss
8. What does the RSI Formula tell you? Is it in the positive? So what! Use the same numbers but trade SHORT. Yep, that what i said, TRADE IT IN REVERSE! This is Take Profit #2
9. Do the Fibonacci trick to confirm which is closer (tp 1 or tp2)
10. Look left for the most recent area of Liquidity. It's a candle with a long wick up or down where price reverses sharply.
11. Scan the Algo for a price level WITH volume. You have found your target. Adjust your take profit and walk away.
AUD CHF LONG TRADE Market structure
price action
wave analysis
order blocks
momentums
pullback
impulse wave
EURUSD continues to rise In the beginning of the week, we talked about price reaching its current levels of 0,9950 and then sell.
However, yesterday we had an impulse move up and right now we won't be looking for short positions yet.
After such a move, we are actually expecting a continuation higher.
Tomorrow we have ECB Interest Rates which is expected to cause more big moves.
In case of a continuation higher, we are looking at 1,0090 next!
This will be the next level where we will look to sell!
Gold Short Term Buy IdeaH1 - Bullish convergence.
Currently it looks like a pullback is happening.
Until the two strong support zones hold my short term view remains bullish here.
Nothing has changed on EURUSDRight now, the situation on EURUSD remains the same as yesterday.
It's heading towards 0,9950 - the level where we should see a reaction.
It's also important to know that this week, we have ECB Interest Rates.
This will definitely bring some volatility and it also makes the entries before the news more risky.
That's why we have to wait for the right moment only after confirmation.
✅EUR_USD SHORT FROM RESISTANCE🔥
✅EUR_USD is trading along the falling resistance
And as the pair will hit it soon
I am expecting the price to go down
To retest the demand levels below
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
EURGBP showing signs of start of a big push down Weekly and Daily pound took strength from euro, but euro still has strength on monthly, looking for some pull backs on 4 hour and looking to short EG when it happens, going to keep a head up on monthly chart to check which direction for longer term
$BAH is breaking out of a ~21 month long base! Can it go higher?Notes:
* Strong up trend on the higher time frames
* Great earnings track record
* Broke out of a ~21 month long base
* Higher than average weekly volume and coming off from its 10 week line
* Also breaking out of a smaller consolidation of ~12 weeks
* Gaped up a couple of days ago and is now coiling
* Broke historical resistance around the $97 area
Technicals:
Sector: Industrials - Consulting Services
Relative Strength vs. Sector: 3.15
Relative Strength vs. SP500: 2.07
U/D Ratio: 1.37
Base Depth: 7.78%
Distance from breakout buy point: 0.23%
Volume 55.27% above its 15 day avg.
Trade Idea:
* Now's a great time to buy since the price is just breaking out and is close to the break point
* If you're looking for a better entry you may look for one around the ~97.85 area as that should hold as support
💢SELL NZDJPY at the best place and price💰🔰You can see the analysis of the New Zealand dollar to Japanese yen currency pair in a 30-minute time frame (NZDJPY_ 30min) 🔍⚡
💥Considering that the price has broken the Up trend line🖤 and pulled back💜 to it twice❗ If the price can reach the SUPPLY zone, it can experience a fall from this zone to the DEMAND zone🚀🔺
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
________📈TRADER STREET📉_______
GBPJPY Short Idea 1:2.6We could see this retest a support area down towards the 167.5 zone
A pullback before possibly further extension beyond 170
small risk on this one
stops around 168.65
target 167.55
Is the pullback on EURUSD over? It looks like the pullback that started at the end of September has already come to an end.
This will provide us with selling opportunities.
If we see that the price comes back to around 0,9867, we can wait for rejection and then sell.
Another sell setup could be a breakout and test of 0,9750.
We are not selling at current price levels!
We are also not looking for long positions!
EURUSD isn't strong enough to continue It looks like the upside move that we're expecting this week doesn't have enough strength to continue.
Yesterday, we didn't see the rejection of the 0,9808 support.
You shouldn't be looking to buy anymore but instead, wait for a sell signal.
We could possibly see a move up towards 0,9915 and that's where we will be looking for potential reversal.
Rise in EURUSD EURUSD bounced off 0,9808 yesterday but it still hasn't moved towards the parity.
We can potentially see another retest of the same level today and that could give us buying opportunities.
The target remains at 1,0090 but we have to watch out around the other important levels- 0,9915 and 0,9999.
This scenario is only valid if price doesn't break below 0,9725!
EURUSD is heading towards 1,0090! The breakout of 0,9808 from yesterday, confirms the ascend of EURUSD.
The first target here will be 0,9915, followed by 0,9999.
All long positions must be closed before 1,0090!
It's important to understand, that this is only a part of a pullback from the higher timeframes and we should see a reversal to the downside soon.
This will be valid only if price doesn't break below 0,9725!
XAUUSD ANALYSIS hello traders
The last wall of sellers has been broken and the price is falling in a corrective manner that will retest the order block and form a higher top
AUDUSD - HEAD AND SHOULDERS 📉The AUDUSD price is in Bearish Head And Shoulders Pattern 🧐
the Neckline is broken ✔
so, i predict a bearish move 📉 im waiting for a pullback 📈
TARGET: 0.62051 🎯
...
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Important levels for EURUSD We expected more upside movement on EURUSD after the low from last week.
However, it looks like the market doesn't have enough strength and we don't have a reason to buy.
The continuation up will be confirmed upon break above 0,9808.
Before that we could see another drop but right now, we don't have a sell signal either.
That's why we should wait for a better setup before taking a trade.
ENPH: Pull Back + Bounce + Active Level RetestBig Picture:
Earnings coming up 10/25/22. Had good Earnings last time. Coming back into aggressive buying from July and last earrings period. (Will the buyers want to fight for the price a little bit now before earnings?)
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Setups:
07/20/22 - 07/27/22: ENPH broke out out from a volume accumulation + Aggressive Buying
08/02/22 - 09/06/22 Volume Accumulation
09/15/22 - 09/21/22 Volume Accumulation
09/22/22 Aggressive Selling
09/26/22 - 10/04/22 Volume Accumulation
10/05/22 - 10/07/22: Aggressive Selling
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Intraday Technical:
ATR: 16.13
ATR (200Day): 14.42
DTR: 16.95
%: 105.00%
RVOL: 0.82
Rel Vol (Finviz): 0.75
RSI (14 Day): 30.64
RSI (200 Day): 52.51
Volume: 2,884,739
AvgV: 3.83M
Ch% (FINVIZ): -4.35%
FS%: 3.31%
Shs Outstanding: 135.20M
Shs Float: 132.68M
Inst Own: 75.10%
2 Day VWAP: 244.6
Weekly VWAP: 250.33
Monthly VWAP: 263.01
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10/13/22
Open: 248.73
HOD: 254.21
LOD: 237.26
Close: 244.59
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Key Areas of Support:
216.82
230.14
245.49
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Key areas of Resistance:
257.08
283.43
295.02
315.29
Inflection Point:
245.35
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Trade Plan:
Look for a pull back to 237.64
If pulls back to 237.64 and see absorption then start long.
If blow through VWAP then Cover and look to add back in a pull back. If add in pull back this is a new trade and make sure to cover this new add at the next neck line.
If hits PT 2 then look for a pull back with absorption and add. Then sell this Add right into the above neckline.
Take original trade to PT 3 and sell
Risk/Reward: 20% of ATR $2.88
Entry: $237.64
Stop $234.76
Exit: $249.18
PT 1: $240.52
PT 2: $243.41
PT 3: $246.29
PT: 4 $249.18
GBPUSD Another Short OpportunityHello Traders,
OANDA:GBPUSD just rejected 1 h 200 EMA or 4h 50 EMA
Expected pullback formation for major bear-market downtrend
Profit Target 1.10300
Profit Target 2 1.09100
Thank You
🌟buy AUDUSD🌟🔰You can see the analysis of the Australian dollar to US dollar currency pair in a 15-minute time frame (AUDUSD_ 15min) 🔍🧨
💥Due to the breaking of the Down trend line🖤 by the price, it can be expected that the price will rise from the pullback zone💜 to the supply zone🚀🔺
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉______
Where is EURUSD going? The ascending move from yesterday didn't have enough strength to continue higher.
Now it's important to see which level will be violated next.
In case of a breakout of 0,9775, then we're probably heading to the parity level again!
However, if the market breaks below 0,9669 then we will have to see how the setup will develop later on.
Trades at current price levels are considered risky and not confirmed!
