Scalp
Requested: Update on WINUSDT (yet another scalp, maybe)After my last idea on WIN, which played wonderfully as expected (.012 to .0.15, see previous idea), this altcoin did get into a descending channel, bringing the price all the way down to .0009
Right now everything looks bearish, there’s no volume (barring the exact candle that got the coin out of the downtrend, most probably a whale/insider bought to save it).
However, we can wait and see a break out of the green triangle. If this does happen with a strong volume candle, we can expect some kind of parabolic move to at least the first resistance, which is at 0.012. Pay attention to the 4hrs candle the most, don’t be fooled by some fake breakouts in the 15m/1hr.
Good luck, and stay safe!
Not financial advice.
Potential 80+ pip tradeExpecting AUDUSD to rise to near 0.78 at the top of the current consolidation zone. AUDUSD recently broke out of a bullish wedge on the daily and ranging between 0.7680 and 0.7820. There is completed double top formation on the 4 hour chart and this next move would be a retest of the neckline. There's also a nice pinbar (dragonfly doji) at current support on the 4 hour.
WHAT A GOOD DAY TO SCALP !!!!!!!!GO TO 1M AND 5M TO UNDERSTAND IT BETTER
USUALLY DONT SCALP BUT HOW CAN YOU MISS AN OPPORTUNITY IF ITS IN FRONT OF YOU /////////////// AND IF YOU ARE NEW TO TRADING JUST PLEASE DONT DO THAT IT WILL BLOW YOUR ACCOUNT.
50+ PIPS BANKED FOR TODAY.
JUT USE PRICE ACTION TRY TO SYNC WITH THE MARKETS.
STOCH RSI I USE IT FOR POSSIBLE PULBACKS STILL ITS AN INDICATOR BUT PRICE ACTION WITH THIS INDICATOR IS MIND BLOWING
Potential 50+ pip retracement tradeExpecting EURUSD to find support near the strong psychological level of 1.20, which has been tested multiple times recently on the 1 hour chart, and retrace to 1.2050-1.2060. This retracement within this correction is in line with overall trend from the daily frame as price is still in an expanding bullish wedge on the daily chart.
$TKAT bull run next week?If you missed the $TKAT and general NFT craze from a few weeks ago, it's back. $TKAT has had 3 strong days and now closed kissing top of Keltner channel closing up 36.65% :o
Generally I don't like to enter swing trades Friday afternoon or after such a strong green day, but made an exception here due to the potential for an explosive move next week. $TKAT did this before on it's insane March 15-23 run. On the daily we see something looking like a Bull Flag Breakout. Resistance free to $46. If it breaks though that with force I think there a shot at breaking all time highs at $74 to who knows where.
Trading these guys is tough as they jump around A LOT, up to 40% a day. If you're only into FANG and fundamentals, this is NOT for you. I'm trying to be careful with my risk management and hope you will be too. This is very low float and with 42% insider ownership, so if they hold we're good, if they dump... well not so much.
Any thoughts on all of this? Agree? Disagree? Please let me know. I want to hear your analysis. Any tips on holding through gut wrenching pull backs on this kind of trade and timing the exits would be appreciated..
SRM/USDT quick long entry for a express tradeAs you can see from the 1H chart of SRM, we are seeing a resistance breakout. This is a good sign for a possible bull moment.
We can enter a quick scalp trade at the current price with 1-3% trailing stop-loss.
I will update if there are any changes in the trade.
Cheers
XRPUSD bouncing back to a channel highVolume for BITFINEX:XRPUSD has spiked when the price reached the bottom of the channel. This volume didn't increase during previous falls. This is signifying that at this level bulls and bears are tussling for control over the price. If the price breaks through the W formation, then it will be a good entry point for a scalp till the top of the channel. The RSI is also supportive with a trend upwards. Needs a breakout above the horizontal line (one full bar plus 1 -3 bars of confirmation depending on risk appetite to avoid a fakeout) for confirmation. The low the price reached is also the same level as the low of the previous rising flagpole (13 April) also signifying bullish momentum overall.
US 30 1H Given the 1.272 Fibonacci resistance and the 10y and 30y bond auction in the coming days, I expect the index to return to the 33635 range and the pullback to the previous peak.
Quick Bitcoin Scalp to the UpsideStill testing the Extreme Opposite entry of my script.
Now that the alerts are working better, it triggered a signal and this time I was quick enough to enter a small trade.
Its not a huge trade risk nor profit wise but at least 2 RR.
Support for this idea:
LTF channel support
ICI
61.8% Fib
Let me know your thoughts.
Trade Safe!
HEET
Small Scalp for BTCUSD to DownsideI'm testing a new indicator that I was coding all night.
It triggered a signal using an Extreme Opposite Stoch strategy to enter a short. There is some confluence as it appears to be a potential countertrend trade as well.
If it plays out, it will be a 2.5 RR trade.
It's funny as I was looking for long entries as it bounced off a key level until my signal triggered. Let's see if this script works as intended or not.
Really happy to have a chance to test this on a low-risk BTC trade before I start using it on Forex pairs next week.