Tradingstrategies
EURUSD D, ABOVE 0.9899 TARGET 1.0078, 1.0134, 1.0189
EURUSD Rebound From Below of Its Parity.
While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189.
Resistance at 1.0268.
Strong Resistance at 1.0368, If Break then Bullish.
But While Below Fibo 61.8%, 1.0189, EURUSD is Still in Bearish Trend.
Strong Support at 0.9899, If Break, then Bearish Continue To Target 0.9840.
Next Bearish Target 0.9710.
(From AB=CD pattern, where D=0.9710).
BTC - Trade in this rangeBYBIT:BTCUSDT
1H time frame
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Bitcoin has been consolidating for 5 days, and forms obvious supply zone and demand zone.
Ranging is a good chance to set trading strategy, because it's easy to find the resistance and support levels.
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Resistance Levels: 21645, 21700
Support Levels: 20858, 20730
ATOM - Buying SignalBYBIT:ATOMUSDT
4H time frame
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ATOM has been going up with an uptrend since June 19th, and it is approaching to the uptrend line again.
It would be good if price gets support here, and we can set a buying strategy with a great risk to reward ratio as below.
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Entry: 10.3
Targets:
1) 10.745
2) 11.155
Stop: 10.325
R/R: 2.97
BTC - Bearish TrendBYBIT:BTCUSDT
1D time frame
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Bitcoin already falling through the lower uptrend line.
And we opend short at 24500, the unrealized profit is nice so far.
Further, the green box on chart means accumulation zone, so there will be the first support level to stop falling.
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BTC/USDT Price Level-
Support Levels: 21700, 21252
Resistance Levels: 24500
SAND - Buying signalBYBIT:SANDUSDT
4 Hours chart
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SAND is consolidating with lower highs and higher lows in a triangle.
Currently it is approaching to the downtrend again, we can open partial position at 1.315, 1.245 or wait for breakout.
If it can take out the downtrend line and close above it, targets as below.
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Targets:
1) 1.4313
2) 1.5136
3) 1.5468
Stop:
1) Breakout uptrend
Daily analysis and trade setups on NASDAQ 20220805Happy Friday, Happy NFP Day,
Macro : US NFP
The real battle now in NASDAQ is to keep it above 13200 or bring it down below 13160. We saw this battle play out in the last 3 days. Is NFP a catalyst in breaking one or the other?
This is one NFP where heart tells me to look for short trades and mind tells me to look for long trades.
Buy
Break: 13310, 13380, 13450, 13560
Reversal: 13200, 13160, 13110, 13040, 12970
Sell
Break: 13260, 13180, 13150, 13100, 13030
Reversal: 13360, 13430, 13540, 13630
Green Goblin levels are here >>>
Confluence fib levels are here >>>
EURUSD H4, BREAK ABOVE 1.0283, TARGET 1.0361EURUSD formed Bullish DIvergence (RSI Higher, Price Lower) and then broke its bearish trendline.
Now, EURUSD is testing its MA 200 H4 and FIbo 50% around 1.0283.
Break Above 1.0283 Retarget 1.0361.
Break & Hold Above 1.0361 Retarget 1.0473 & 1.0615.
Strong Resistance at 1.0615.
But Fail To Break Above 1.0283, Retarget 1.0108.
Break & Hold Below 1.0108, Bearish. Retarget 0.9952.
trading plan gold currently gold is above the midpoint of 1727, bullish momentum enters the area of 1732. if this price is touched, the chance for gold to be bullish is getting stronger, and will test the strong resistance at 1740-1745. whether gold is able to continue its rise today?
but it needs to be considered, a break of the key level 1722 can put pressure on gold down to test the support level 1712
7/16/22 EURUSD Daily chartWe can clearly see we have a big downtrend going on with EURUSD on daily and it's respecting the channel it has created making new lower low levels.
We have the supply area around the level of 1.03926 which from there we can see a big push towards the new lower level at 0.99545 and which we have been seeing a consolidation in the past week making it our support area.
The week ended with a good green candlestick engulfing the previous red one we had, making it a really good confirmation of a possible reversal towards the supply area.
We also have the indicator MACD which is confirming us that sellers are losing power giving it an extra boost for the pushback towards the supply area.
GoldViewFX - DAILY CHART UPDATED STRUCTUREHey Everyone,
We have updated the daily chart setup with the updated Goldturn trendline and the demand zone is potentially back in range. Should the price test the demand zone we should be able to catch a few buys off this level. Even if it fails, it normally pays a few times before it fails. We will determine this using our Goldturns.
EMA5 break below 1742 will potentially open the demand zone and a failure to break this level will see price test 1816 again. As we stand we are still within a daily chart range between 1816 - 1741. With the potential to open 1680 creating a new range of 1741 - 1680, should 1740 break.
We will keep a close eye on this and as always keep you all updated with any changes. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
CRV - Selling SignalBYBIT:CRVUSDT
4 Hours trend chart
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CRV cannot be supported from the uptrend anymore, also forms a small double top here.
We can plan a strategy to short at the broken candle, which closed point is 0.992, and set target/stop as below.
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Targets:
1) $0.962~$0.953
2) $0.932
3) $0.9
Stop:
1) $1.034