Hi USDJPY has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed...
The ELLIPSE trading strategy has generated a long signal (4H timeframe) for Litecoin (LTC) at $77.51. The price has recently broken through the monthly pivot (P) level (denoted by the orange line) and has subsequently seen both the price and lagging line on the daily chart break out of the Ichimoku cloud (as evidenced by the green background on the 4-hour...
• The index hit our resistance at the 21 ema, and it couldn’t break it; • On the other hand, the 3,818 is a key support area, which is preventing a further drop to the 3,744 (next technical support level, green line); • As long as the index remains between these two key points, it’ll be in a “no man’s land”, moving erratically while we don’t see any good technical...
EUR/ZAR hit take profit from the September 6th, 2022 trade idea. Link To Chart: Link To Image:
Market Opening : Gapdown (Expected*) Overall Structure : Neutral FGI Sentiments : Neutral - 45.44↑ Indian & 25↓ Global Index components : Neutral correlation/Negative Divergence Insider Data : Neutral, PCR: 1.01↑, IVP: 85↑, IV: 24.7↑ High, VIX: 21.90(28/35)↑ ↑Up : 15900, 15980, 16050, 16130, 16200. ↓Down : 15710, 15630, 15570, 15510, 15450. Activity : Short...
Gas has been making some serious gains the past weeks and now I think it's reached a point of correction. The ML of the TC has had multiple attempts of breaching and so far has failed to do so. The RSI is over bought across multiple TFs and then there's a the R2 monthly fib pivot. IF I'm right, I'll be following the blue fibs down to the 50% and looking to TP my...
Contract - CME_MINI:NQZ2021 - PR High: 14696.25 - PR Low: 14664.25 Evening Stats - Gap: = N/A - Session Open ATR: 241.42 - Volume: 36k - Open Int: 228k - Trend Grade: Neutral - From ATH: -6.5% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 15247 - Mid: 14676 - Short: 14103 Keep in mind this is not speculation or a prediction. Only a...
The BIGGEST reversals happen at the Yearly pivot points! The SPX ran into strong resistance at Demarks Yearly R1 pivot point. Institutional traders with Bloomberg terminals use Demarks indicators.
=== R3 -- 7.63508 R2 -- 7.50997 R1 -- 7.36834 === S1 -- 7.20752 S2 -- 7.05977 S3 -- 6.93365
Descending triangle with the daily pivot point as the bottom. Looking for 1 hour close or aggressive moves out of the triangle for quick longs and shorts to the next pivot points.
Lots of room to move in March. The convergence of this weeks weekly S2, monthly S1, and the fib 78.6% (Jan. ATH) lines at 33k is happy news for bears. Lots of resistance points on the way back up for bulls. I will DCA this month in the daily S1-S1 zones and watching the BTC dominance to fall for chances with alts. Happy trading!
BTCUSD failed to break the weekly R1 at 52.9k so we might see consolidation in the 52k range before pushing up to 55k. If the local support line is broken we might fall as low as 48.5k before really gaining momentum again. Monthly R2 (48.5k) and Monthly R3 (54.9k) seems to be the current volatility range.
Currently at a pivot point in the uptrend. Could expect to see a big move either way once supply zone is tested.
Price have pretty strong support in Fibonacci Pivot Points. There is also pretty nice bullish cross on MACD. After that I expect price to turn and to go to R1 (~238), R2 levels (~244) Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no...
There is a potential cypher pattern completion at structure. Not just that there is a 200 EMA confluence, monthly candle open price and monthly pivot point. So look at all the elements of confluence we have at that location: 1. Daily Structure Level 2. cypher pattern completing at structure. 3. 200 EMA confluence at cypher completion. 4. Monthly pivot...
This pair shows signs that it can go over 0.70 in the near future but with low volume, no big central banking announcements left and year end holidays coming up I am looking to short around 0.69 down to 0.687.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) CITIGROUP, INC. (C): All The Pivots, Supports & Resistences
Simple EMA strategy H4 Lower highs and Lower lows Waiting for price interaction with H4 20 EMA in the trend direction. There's good resistance on the pivot points as well. Entering at the 50EMA bounce downwards. Enter at the EMA cross on the 30M, 20EMA (blue) crossing 50EMA (red) going downwards Two trades 30pips Stop Loss, targets at 1:1 and 3:1...