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Daily Pivots

NQ Power Range Report with FIB Ext - 6/3/2022 SessionCME_MINI:NQM2022 - PR High: 12945.00 - PR Low: 12893.00 - NZ Spread: 116.50 Evening Stats (As of 12:30 AM) - Weekend Gap: = -0.10% (filled) - Session Open ATR: 427.46 - Volume: 26k - Open Int: 260k - Trend Grade: Bear - From ATH: -23.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14105 - Mid: 12960 - Short: 11480 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQM2022
by mv3trader5
NQ Power Range Report with FIB Ext - 6/2/2022 SessionCME_MINI:NQM2022 - PR High: 12557.75 - PR Low: 12515.00 - NZ Spread: 95.75 Evening Stats (As of 12:30 AM) - Weekend Gap: = -0.10% (filled) - Session Open ATR: 429.67 - Volume: 31k - Open Int: 259k - Trend Grade: Bear - From ATH: -25.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14105 - Mid: 12960 - Short: 11480 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQM2022
by mv3trader5
NQ Power Range Report with FIB Ext - 3/21/2022 SessionCME_MINI:NQM2022 - PR High: 14434.75 - PR Low: 14395.00 Evening Stats (As of 2:00 AM) - Gap: = N/A - Session Open ATR: 460.68 - Volume: 29k - Open Int: 203k - Trend Grade: Neutral - From ATH: -14.50% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 13500 - Short: 12390 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQM2022Short
by mv3trader5
USDCAD Long Trade *SUPPORT ZONE*USDCAD has reached the 1.38600 support zone and is showing signs of rejection. If bullish candle closures remain then I can see buying at these levels should prove profitable. There is a 1hr bearish trend in play (trendline shown) so watch for price reactions there. If that TL breaks to the upside then 1.40200 and even 1.42500 could be achieved. The dollar us always in demand in times of global uncertainty and we are definitely in that right now. Stop losses should be placed conservatively below the wicks testing this support zone.
Long
by UnknownUnicorn772665
7
#XBTUSD - Daily Pivot TestHence I am not bullish before we break-up the 8.1k-8.2k $ levels, I will look out for more short-opportunities today. Bitcoin is just testing the Daily-Pivot from below. If we break down will also depend if the sell-off curve is accepted. For now this looks like a poor try to avoid it. Very short-term targets marked. Always set stops. Trade safe. ------------------------------- Warm regards, Nerubica My open group: t.me/nerugroup Alerts: NeruSuite Alerts XBT: t.me/nerusuite_alerts Divergence Alerts BTC: t.me/nerudivs Cryptopedia & Cheatsheet Bot: (under construction) @NerubicaBot in Telegram Web: www.nerusuite.com
BITMEX:XBTUSD.P
by Gl4diator
1
USDCAD: Key Levels to Watch for Potential EntryMornin' traders! There are a couple of key levels to watch here on USDCAD. The most important of which to me is the 1.284 area. Before taking a long position I want to see price close the weekend gap and touch the unhit daily pivot for Friday. Since a higher low was created from a bullish impulse, I will be looking for bullish price action (pinbars, engulfing candles, signs of rejection) at this level toward the neckline and possibly further if the H&S pattern remains valid. Until then, I'll be by the sidelines watching. Happy Trading!
Long
by glennmercer
EURUSD: Many Reasons to ShortEURUSD has reached an excellent level to look for shorting opportunities. A daily resistance trendline has rejected price on 8/11 and sent the pair downward over some important moving averages. These averages are now being retested and are confluent with the new daily pivot. Below price, there is a missed daily pivot that may help drag the pair downward. The completion of a larger TF Gartley provides a nice target. Selling after the break of the bullish trendline is a good idea, especially in this case, since there are some high volatility news events coming up for the USD. Bearish Confluence: D1 bearish TL resistance 100 Day EMA resistance 500 4H EMA resistance 14 4H SMA resistance Daily pivot resistance Missed daily pivot below price Happy Trading!
Short
by glennmercer
Bull trend ended?So friday gave us NFP and as usual we got the pump and dump action before. But in my view we actually got faked out already on thursday in preparation for a much better NFP, but that did not happen and bears got caught. Anyway, we did get a positive dollar reaction even though dollar got hit badly friday a bad EUR did not make it worse. On the hourly we did get a trendbreak and EURUSD even dipped below the Daily pivot which made the bulls desperate for getting it back above R1 to maintain the upmove, but bears did put up a fight but will it hold? Monday R1 will be at 1.1440 and if bulls want closes above that we need to be in a real bullish mood, i dont think we are, so i will be looking for another test and closes on the 1H below monday S1 1.1337. DP will be 1.1388. So all in all monday i think we can see a fight where bulls want to break 1.1440 and bears want to stay below DP and break S1 1.1337, and when done we will be looking for lower targets, starting with 1.125x. Also stoch has shown divergence indicating we got a top friday.. My reason of thinking? One of the oldest strategies for swingtrades, in uptrend price can not close below S1 on hourly, breaks of DP need break of R1 in order to maintain view. And the other way around for shorts.. Look at tuesday and thursday.. DP was broken to the downside with closes and bull took it straight to R1
Short
by Stensen
2
AUDNZD Long: Breakout to Potential Bat CompletionAUDNZD has broken through the bullish channel center line and countertrend resistance. There is also a missed daily pivot above price which may add to bullish bias. Watch for resistance around the top of symmetrical triangle, BAMM line, and top of the rising channel. Entry is placed at the retest of the trendline with targets at bat point B and bat completion. SL is placed below structure lows for a R/R of 2.5 (T1) and 6.5 (T2). Bullish Confluence: Trendline breakout & retest Missed daily pivot above price Channel center line break
Long
by glennmercer
USDJPY Short: Wave 5 Break + Retest (Elliott Wave TCT)USDJPY has completed wave 3 of a potential 5 wave structure. The pair has broken a trendline to complete wave (i) of 5 and is retesting the trendline at the .618 retracement To add resistance, the 200 EMA and SMA lines sit above price and below the SL level. The daily pivot may also add resistance near entry. Entry is placed at 61.8% retracement with SL above wave 4 terminus and target at the 1=5 level. This setup yields a R/R of over 5. Bearish Confluence: Trendline break and retest Pivot resistance 200EMA Resistance 200SMA Resistance Possible wave (i) of 5 completion Significant .618 fib level at entry
Short
by glennmercer
2