GBPAUD - Bullish Gartley @ XBullish Gartley Pattern form at X is 1 of the pattern that I will watch closely. I'm waiting for a counter-trend trade on this Gartley Pattern setup.
Trade has already engaged but stops is placed below the bearish flag completion with buffer.(you can check out the link at the bottom to access the training on my secret formula in placing stop-loss)
Rsioversold
NZDJPY - TrendlineOn the 4-hourly chart, we have three Harmonic Patterns Setup, Type2 Bullish Shark Pattern, Bearish 5-0 Pattern, Emerging Bullish Deep Gartley Pattern, but I prefer the setup on the 1-hourly chart over the setup on the 4-hourly chart.
I'm waiting for a buying opportunity on the trendline, as long as it didn't break and close below the trendline, it will be a buying opportunity for me.
USDJPY-Weekly Market Analysis-Jul21,Wk3USDJPY on the daily chart has a buying opportunity. A retest on the trendline will give an opportunity to long, as long as it didn't break and close below the trendline. The grey box will be the area that trend traders have to take note of, if it fail to break and close above the grey box, shift stops to entry to avoid unnecessary losses.
ATVI looks interesting! 👀This stock has been crushed recently, but there’s a good chance it’ll do something interesting now, that is near a support level, and it is apparently oversold.
We have a congestion in the 30min, and some breakpoints ATVI must break, like the 92.08 and the 92.74. If ATVI breaks these points, we might see it bouncing to the 94s again.
The 91.50s seems to be a support for ATVI, but if it loses the 90.88, then is can just keep dropping to the 88 and close the gap.
The RSI is oversold, but this is not a buy yet, and we must wait for more confirmation. The problem is that ATVI is not reacting quickly like it did last time it hit the 87s, when the RSI was around the same level it was today, and this is something that can ruin our thesis.
Anyway, ATVI is interesting at 92 and 88, so, we should keep an eye on it!
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See you soon,
Melissa.
GBPUSD long opportunity 📈Something different for my first idea of the day.
Working a RSI based strategy here on GBPSD 15M time frame.
After a mad drop caused by FOMC news the strategy has now presented a potential long.
Entry details are shown on the chart.
Green line is TP, Pink line SL
As always trade history can be seen below this trade idea too for full transparency.
Last trade shown on chart to give visual representation of how this script works.
Despite being 15M timeframe trades can last for a while.
This due to the RSI cycle applied on this GU strategy.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Is DE oversold? Yes!It looks like DE is extremely oversold, and this might be interesting. We have a divergence on the RSI in the 30min chart. It is not the best, but it is a start. We also have a rounded bottom idea, and only DE loses its bottom the trade will fail. Small stop-loss, high reward.
The RSI in the 4h chart is extremely oversold as well, and DE went outside the BB for a moment, and now it is closing inside them again.
All of this is occurring near a support area at 331. It is a very risky “buy the dip” kind of trade, but DE can bounce back to the 350, and this makes a good risk-reward for me. Always remember, it is oversold, but this doesn't mean it can't drop more, so, always protect yourself, and use tight stop-losses!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
USDJPY-Weekly Market Analysis-Jun21,Wk3USDJPY is moving slightly higher and higher each day, this may sound like a Dollar optimises but I can assure you the big picture is the exact opportunity. At this moment I'm just going to play along. I'll short when the market retraces back to 109.76 and turn my trade to long once it reaches the trendline and fails the close below the trendline.
You can check on the link below on my student's view. Feel free to share your thoughts in the comment segment.
NZDUSD - Type2 Bullish BatA Type2 Bullish Bat might not intrigue many Harmonic Patterns Traders to engage the trade. The rationale is simple, a big percentage of the Harmonic Trader has exited the trade and not looking to enter a new trade, but you can treat it as a structure trade setup on this Bat Pattern too.
Take note that Point C touches Point A.
Liquid Avatar ramping up for the next reboundCHART CHECK:
The last few weeks of trading have been marked by a general sell-off in the small-cap sector. As a result, the stock price fell from a 2021 high to approximately CAD $ 0.150.
The current base appears to be a solid support level. The stock is currently heavily oversold.
MACD looks strong and healthy and should help generate buy signals and put LQID into a bullish reversal mode.
FUTURE SECTORS:
LQID was successfully entering the new artwork NFT market (launch of Oasis Digital Studios and Infinite marketplace, partnership with AR-company Imagine AR)
In addition, they are currently creating a universal utility that will allow users to control and manage their personal data and information through a digital identity.
TARGET:
My personal target price is 0.35 CAD by the end of June 2021. Keeping the fingers crossed :)
GBPJPY - Bullish Shark PatternMost traders see this trading setup as a buy zone(blue rectangle) that has been broken. Well, you aren't wrong about it, but the trend has not turned bearish because I will need to wait for another break and close below the recent low(yellow eclipse) for that to happen.
I'm waiting for a Bullish Shark pattern for a buying opportunity, as long as it didn't break and close below the yellow eclipse, this can still be a strong buying opportunity.
GBPAUD - Bullish BatA trend trading opportunity on the daily chart is a product of a bearish run on the daily chart(link below) that I've shared on last weekend. Congrats to those who have taken action on the trade. Stop-Loss goes below X with our designed buffer.
If you have attended our webinar on 28March, you can start to apply trendline on this setup.
USDJPY-Weekly Market Analysis-Mar21,Wk4Trendlines are amazing, there are many ways you can use them, for this instance I'm waiting for a shorting opportunity when the candle touches the red line but not closing above it.
When it hit the middle trendline, I'm going to shift my stop-loss to entry and once it reaches the bottom trendline, as long as it closes below the trendline, I'm going to keep the trade, if it doesn't, I'm going to exit my shorting trade and turn it to a buying trade.
GBPUSD-Weekly Market Analysis-Mar21,Wk4GBPUSD is in a sideways consolidation. This setup allows us to trade within the zone(green box). The setup is safer when we are shorting from the top of the green box, than buying from the bottom of the green box, and the reason for that is the previous bearish trend which coincides with the starting point of Point X on the Bearish Shark.
However, if you are an aggressive trader, buying within the box can work as well and in the long run as long as you aren't flustered nor overtrade, you will be profitable.
EURUSD-Weekly Market Analysis-Mar21,Wk4After a week, EURUSD didn't create a new low on the daily chart. I'm waiting for a counter-trend opportunity. On the 1-hourly chart within the 4-hourly buy zone, there is an opportunity that awaits, at 1.1881 I'm waiting for a buying opportunity. Candle confirmation at that level became important to the trading setup.
AUDUSD - Head and ShouldersA Head and Shoulders retest is not exactly common. Since the market has stabilised from the fall, it is a good opportunity to reengage the trade. The previous high would be the area I'm looking to shift my stop to entry and I'll observe closely at that level.
Break and close above the high at 0.7850 would be preferred.