Simple Setup on GBPJPYHey guys, here is a simple setup for GBPJPY. Wait for the candles to close below the sell zone or buy zone. I am using the Stochastic RSI with settings of 14-3-3 to identify a fake out. Once the one hour candle closes below or above the zone, you can check if the Stochastic isn't oversold or over bought. If you have these confirmations, then you can take position on either side.
Setupoftheday
Netflix and Crash?Price has been on a steady uptrend since the beginning of July 2022. Looking at higher timeframe charts we can see price forming a head and shoulders around the $333 zone which could signal a reversal coming soon given if there's enough downward momentum. If price breaks above the $333 zone, this head and shoulders pattern would be considered a failure. We'll see what happens in the next coming days and react to what the charts show us!
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point.
📉 SHORT - BTC : $19,090 📉
💵 Length of trade: we are expecting BTC to hit a 200 scalp, with a high end of $300, and a minimum expectation of $150.
🕰️ Duration of trade: we are expecting this to occur within 1.5 hours of this signal for the Min. Profit Target. Then we see a maximum duration of 4 hours.
❗THIS IS A FAST SCALP OPPORTUNITY
US30 2h Setup I'm looking at US30 long setup going into London and NY, its looking pretty good as we are trading with bullish structure and price respecting some level of area I have marked up.
This is educational purposes only mind your risk and be safe in the market.
BTC Long Setups for todayBTC is creating liquidity at the moment by making a compression.
Its being made for a next impuls push, i will be watching the price in the green box POI to look for bullish conformation to make a new HH. I will look on the 1 MIN for bearish structure breaking. And create a limit long on the retest
There is still some Supply imbalances that makes it intresting to still look for a 3th push to the upside.
Also there is an Eliot wave 5 inplay and at the moment writing this its in retracement phase/Consolidation phase.
The long more below is intresting if price wants to test the lower levels demand and create alot off liquidty with a probability to move up with a strong impuls.
No financial advice.
BTC Long setupBTC broke Out off an downtrend, tested liquidity to the downside and made a W pattern that is a Common bullish reversal pattern.
BTC also broke the structure that made the Low on the chart
Alot off signs BTC looks bullish and is ready to make a full reversal to higher targets
Also BTC Completed a market cycle that consist off 3 Phases:
1: Accumulation Phase
2: Contraction/expension Phase
3: Impuls phase
And is now back in accumulation phase and making ready for the next move,
usually breaking out off the accumulation zone to the downside in this case with a Fake move to then move higher and reach the targets.
I hope this helps you to create A long setup for BTC.
Its also possible for BTC to already move higher from here or test the beginning from the impuls that made the HH.
No financial advice.
Long Setup BTCBTC is in a 15min Compression close to an important point to gain.
High probability market is building up liquidation to then make a HigherHigh push
BTC is in a downtrend so take profits before the target.
This is called a Fadeout play because you take the other side of what normal traders do when a breakout happens in this case is Shorting when it brakes out off the compression.
It leads to building up even more liquidation for the market to then push higher en hit alot of Short StopLosses.
If you have any questions feel free to ask.
No financial advice.
SLPUSDT Long ScenarioYesterday SLP broke out of descending channel also breaking the triangle. We have the first impulse upwards and it makes sense now to wait for a correction and enter the market before the second impulse. I would expect a bounce between 0.618 and 0.786 Fib zones. Also in that area market would retest the descending channel and triangle. Market made a liquidity zone forming equal highs so that would be my target. I would put invalidation level below the "e" of triangle.
What do you think about this one? :)
BEARS STILL IN CONROL OF DAX..The Bears still look to be occupying the better part of the market against the bulls , even though we expect the Bulls to come in place maybe for a correction before market contiues with the Bearish trend.
JASMYUSD Long ScenarioJasmy made a huge move up recently, making an extended third wave of Elliot Wave analysis. I spotted a triangle which is a correction/wave 4.The price now is near 0.382 Fib level so I expect a bounce after triangle is finished. I would buy when the price breaks the triangle upwards and put stop below "E".
What do you think about it? :)
JASMYUSD Long ScenarioRecently Jasmy is showing very clear patterns. Based on Elliot Wave analysis I think we just had an extended third wave and the market should make a correction towards wave 4. Considering the rule that wave 4 can't go below wave 1 I am expecting a bounce above the top of wave 1. There might be a demand zone matching 0.5 Fib level so I will look for buying opportunities in that zone. Also in that zone we have 0.02 rounded number so I think it makes sense for the market to come back and retest this price level.
Risk to reward ratio is a 4.14
What do you think about this one? :)
Potential trades on GOLD | Going upOur strategy is normally executed on the H1 and H4 timeframes, but it also works very well on the day-trading periods as well. In this video, you can see a setup that we looked at this morning, but it's still valid a few hours later.
Don't forget about the NFP tomorrow and that it will bring some volatility to the market, which means if your trades are running into profit, make sure to go risk-free on them.
If we do see that move up to the mentioned levels, we will have to see what will follow next. Make sure to follow us for more setups like this.
Leave a comment and let us know what do you think.