SHOP 🐂 Bullish Potential Outlook 🐂Holding SHOP 80C 3/28 @1.95 since 3/14, I'll update this with how it goes
I feel like the chart is straight forward, also my first chart in a long time
Will also do Higher time frame analysis and post it
Timeframes Used: The 15/30 min, 4hr, 5 Day
Above is the 30 minute time frame in which you can see the Bull flag aswelll as the rounding base forming
SHOP LEVELS
0.618 Extension: $85.58 (+11%) // 220%|$430
0.236 Retracement: $96.50 (+25%) // 753%%|$1,468
1 Extension: $93.58 (+21%) // 604%|$1,179
-0.236 Retracement: $96.50 (+25%) // 753%%|$1,468
At $100 (+30%) // 932%|$1,818
1.272 Extension: $99.28 (+29%) // 895%|$1,746
1.382 Extension: $101.58 (+29%) // 1013%|$1,975
-0.618 Retracement: $104.50(+35%) // 1163%|$2,267
1.618 Extension: $106.52 (+38%) // 1,266%|$2,469
-1.272 Retracement: $118.20(+29%) // 895%|$1,746
1.618 fib Retracement: $125.44 (+63%) // 2,237%|$4,361
Just some fun levels lmao, I'll be happy w any profit obvi this is all speculation,
PnL based off of optionstrat.com ]Option Strat
Technical Indicators
- Stochastic Oscillator left the overbought zone on March 14, 2024
- Entered Uptrend as Momentum indicator ascends above 0 level on Mar 13, 2024
- MACD Histogram turned positive on March 13, 2024
idk its funny if it works tho lol, Buy time or shares
Dontknowwhatimdoing
📉📈 all to soonWith the current economy and other factors considered. We might see a deep pull back the technical side shows a few indications of that being true. But we could also see a short pull back followed with a large move to the up side. with all factors considered its a waiting game.
Tuesday 📨 we will see what transpired. Have a nice trading week
Watching 14-day CURLF cycle, looking for entry point.OTC:CURLF
Looking for a good entry point into the channel that CURLF is forming. Past three 14-day (9-candle) cycles have hit support, ATH, and support respectively. Looking for ATM on February 10th to confirm trend.
AUDUSD ShortI have been working tirelessly to create a strategy that gives me a pretty high win rate and RR at the same time, which I know is unheard of but that won't stop me.
This is one of my first trades based on this new strategy. I use Fib levels 62%, 70.5% and 79%, price is rejecting these levels and a 1hr resistance at the same time.
Just found a 4hr support that falls in-line with my 25% extension.
BOV's made a pendant and had a bearish breakout.
You can see that price has already gone down the moment I entered the trade.
Short AUDUSD now if you haven't I guess.
Also, do not trade during the Asian/Sydney sessions as price tends to get manipulated to hit your SL.
I started looking at the charts the moment the London session hit.
NZDJPY pre-market analysisIt's been a while since I've published anything, so here we go!
At the last week's close, price seemed to reverse upwards, so I need to find where it's going to end up.
I identified a downward trendline, and it crosses near the level that's associated with a prior consolidation period, so most would say that there's some sort of confluence going on here.
We now make a hypothetical trade, taking a recent high as SL, and the lower level of that side-ways move as TP.
And it has a lower than 1RR, which indicates that this trade is risky.
When a trade's risky, price will often move to its SL, right? Which leads us to the next step, which is moving our entry to match the previous SL
I hope that the market will drop after it has stopped out the people who took the 1st trade.
But I do have another setup in case that fails as well.
The rest of my thoughts are on the chart above for you guys to see.
Happy trading.
EURGBP-The dumbest trade of all time???I'm not doing this seriously, but this should be a fun experiment.
I'm applying a brand new strategy here, trying to use the weekly and monthly levels.
It would be too crazy if this actually works out, but hey, you never know until you try...
Hey, before you scroll through and ignore this idea, just please check on the future price movements.
Again, if it works then it is just the craziest thing that you've ever seen in your entire life, right?
Sure it has high RR because the SL is like 4 pips and whatnot, but if I move the SL to the R1 pivot then it would have 5R, which is still pretty good.
AUDUSD price is now bearish after manipulationYesterday, a lot of currencies moved abnormally, in that they created a candle with a really huge wick. This must've been the manipulation after the huge shorts that were made.
Price is almost finished filling out the huge wick, and since other traders are gonna go long after seeing this huge up move, the market makers are gonna plunge the price down.
So that's my reason for going short on this trade, and I've already shown all the other stuff like TP, SL above.
Goodbye.
Dilution at a perfect time for an healthy retracement16.3-16.4$ is at the convergence between the short term 0.68 fib and the macro 0.236, which would make this dilution a perfect timing for a healthy retracement on the next couple of days before going back up with August delivery numbers.
USDCAD just here to flexin' a winning tradeI first saw a priceline that market's been reacting to over and over again. This time, it seemed to act as a support line.
However, when I got in, I was lucky enough to already see that market grabbed liquidity from SL of trades going to against the support.
So, what time was it, guys? It's my time to win some pips of course.
When trying to move my TP, I saw an upper area of liquidity.
Price also reacted to that level several times, and I hoped to see that it happened again, and it did.
There was also a higher TP that I was considering, but after seeing the Area of Liquidity, I closed my trade as soon as price reached that level.
Made literally 69.420 pips on this currency today, guys.
Happy trading!
USDJPY short opportunity...ish?Price conveyed a strong downtrend, then it created a pennant, which is a continuation pattern.
And if you look at a greater picture, you'd see that price created lower lows, and it was far from reaching the previous high.
SL is crucial for this trade. Since it's a pre-market trade, the pips spread can widen at the start of the trading week. USDJPY's spread is currently sitting at 10 pips, which is why I moved my SL 10 pips further than intended.
As for the TP, then I first copied and pasted the vertical line that showed the height of the previous downtrend, matched it with the recent reversal pattern, and there goes my TP.
The lowest low that the price made recently kind of matches my TP zone.
Price hasn't tested any levels near that low yet, I think this is a potential Area of Liquidity.
So the market can be very tempted to reach that level, I'd be fine if it is my TP.
It's nighttime guys, I'll go to bed in just a sec, so bye!
Update: 1 gap down left and a few gaps up $TSLA Update on my previous idea: the gap up has been closed, 2 gaps down have been closed with more gaps up created.
We are closing in on the 3rd gap down which also coincide with the golden 0.618 fib and will very likely be closed next week.
I'm expecting a rebound in the days leading to the Q1 delivery numbers announcement with maybe the date given for battery day the last week of March too.
Bonus added: a gap even lower from October that could be closed as most countries already in hidden recession are now closing everything to prevent the virus from spreading and trying to flatten the curve.
$TSLA $TSLAQ - 1 gap up but 3 gaps downUpdate from my previous idea posted as there is a 3rd gap down from 10-13/01/2020 between 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered.
I disregard any gap below 5$ or previous to 2020 up trend.
Again I don't know what I am doing there...
TSLA: 1 gap up at 740$ or 2 gaps down at 590$ & 510$Following the article www.investopedia.com it would make sense for the stock to keep going lower and close the 2 recent gaps:
- 29-30/01/2020: 590-618$
- 17-21/01/2020: 510.50-518.5$
Or it could keep going on the rebound from closing/afterhours today and go close the gap between 739 & 776$.
As always, I don't know what I am doing there...
3400 EUR top of head & shouldersConsidering the overbought RSI, I would say we are going a little bit side way from now then a nice drop back to 0.68 Fib retracement on last pump followed by more side way and then a big drop to 2800 for a double bottom or even lower for a complete capitulation.
Random Thoughts by TirinJust what I see, continuing what I posted from last night. The first yellow Oval was what I was thinking last night, as 1. an exit for scalping/ if breakthrough would confirm the breakout to re enter.
The newest one is where My concern would be for the next breakout and would be enough confirmation to reenter the market.
I draw randomly squigly lines with how I see this possibly going for awhile, considering its the weekend, and I am on my laptop without a mouse, excuse the roughness.
Not to be taken seriously, I just do this for fun, and never really publish, but i likes my colorful art project here.
Dont really care for followers because I never post. but feel free to see what I think and enjoy.
I am curious...My friend told me about AKAM couple of days ago. I don´t know fundament, maybe is good. I think, now is all about waiting for price confirmation. I´d like long over fundament.
Bearish SPY Head 'n' Shoulders FormingThis head and shoulders pattern is almost text book so far in its present development. Volume is up on the advance of the left shoulder and lower on the advance of the head. We're missing that extra warning of the increase in volume on the decline of the head. There is, however, very weak rise in volume on the decline of the right shoulder. Combined with weakening breadth I'm fully taking it as a bearish turn.
We still have to see that neckline support break convincingly with a nice rise in volume for the pattern to complete.
The "rough guide" price target is ~195.
Let's see what happens.
