Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 Short BTC - Entry Price : $22,775 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $600, and a minimum expectation of $175. We Feel it have a strong chance to Re-Test 22k
🕰️ Duration of trade: we are expecting the minimum target to occur within 2.5 hours, with a maximum duration of 7.5 hours .
Swingtrade
GBP/CHF: Long Reversal running & FED commentGBP/CHF: Long Reversal running
> Higher high and higher low printes
> inner trendline break
> quadruple bottom
> POC below current price
We are seeing broad GBP-strength, also visible in GBP/CAD, GBP/AUD, GBP/JPY and GBP/NZD. GBP/CHF checks all the criteria for a long entry according to our H/L Wall Street System.
Post Fed Meeting
The dust has settled since the FEDs epxted 75bps interest rate hike. During the press conference Powell communicated what we call a "dovish hike". The FED did hike interest rates, but the forward guidance is not as strongly hawkish as in the past anymore.
Now, the FED ist data-dpendent, which is a softer stance on rate hikes. The consequence is a risk-on reaction in the markets: Stocks are rising, USD and JPY is weakening and Crypto is rallying.
Please always remember:
Trading is a game of probabilities. This means that a single trade is not important. A system plays out over a large number of trades (i.e. 100-200 trades). Every trade should be taken with a risk as a % of your capital. Risk management is absolut key. A win rate of 70% means: Out of 100 trades, you will have 70 wins and 30 SLs. Do not risk your account on the 30 SLs.
Best
Meikel & Team WSI
vix coming to critical level of supportweve only seen this low in uvxy 3 times, they were all this year, and they all happened with broader markets in a downtrend. all im seeing right now is buys on uvxy, and if the selloff continues with multiple sectors like xlf, xlv, spy, qqq, iwm, and especially soxl hitting new lows of the day at the same time its almost a guarantee that vix pops once again at this level on the daily targeting the upper horizontal (high 13s/low 14s), and if the bounce continues with sector rotation occuring and consolidation forming in major indices this etf is headed for the lower horizontal (high 8s/low 9s).
DOLLAR INDEX (DXY) Key Zones to Watch 💵
After setting a new higher high higher close 10 days ago, Dollar Index is retracing.
Here are the key zones to watch from where we may see a trend-following move:
Support 1 - 2 is based on a confluence zone between a major rising trend line and 105.1 - 105.8 demand zone.
Support 3 is based on 102.5 - 103.8 demand zone.
Once one of these zones is reached, look for a confirmation on long time frames to confirm a coming bullish impulse.
I will post an update one I spot a decent confirmation.
Alternatively, bearish breakout of these zone will trigger selling waves.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EUR/GBP H4: Short pressure risingEUR/GBP H4: Short pressure rising
> Bullish trend broken
> Re-Test successfull
> break of structure, change in sequence
> Need a break of the current inner upward trendchannel
Even after the interest rate increase by the ECB, the EUR seems vulnarable, especially because of the ongoing Russia/Ukraine conflict.
A break of the last higher low would increase the probability of a downside movement.
Meikel & your Team WSI
NAUKRI (Pre-Results Analysis) | Good Move PossibleNSE:NAUKRI
INFO EDGE (Naukri) - has been into a tight consolidation zone for the past few weeks, with quarterly results being announced today
It was consolidating in an ascending triangle pattern zone (bullish pattern) and made a breakout, Now a re-test at 3990-91 zones could be a good buying opportunity for a swing trade with targets of around 4500+ (Trailing post 4500 levels) a stop loss for this trade could be around Rs 3754 (Giving a R:R of 1:1.5)
My Entry will trigger only at or around 3990 levels
Hoping for a positive Quater
Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas
Disclaimer - The idea shared is just for educational purposes with no intention to promote the company, before investing kindly do your own research and also consult your financial advisor, I am not a SEBI registered individual.
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CHF/JPY: Shortsetup in the makingCHF/JPY: Shortsetup in the making
> Doubletop formation with falling high in D1
> Lower low and lower high in H4
> Inner trendline broken
> Top range of bearish trendchannel
> POC above current levels
This is a watchlist trade. We would like to see another lower high + outer trendline break to enter short.
Check out our bio!
Meikel & Team WSI
TBLT looking to run like RDBX?Crazy good run right now.. Chart looks like we if we stay above $7 today then TBLT will be hitting double digits within a day or so.
UPSIDE Possibility:
PT1 - 7.4
PT2 - 9.4
PT3 - 13.1
Could also drop a chunk on Mon, which will require much caution
DOWNSIDE Possibility:
$5.5 THEN QUICKLY TO $3.2 Then game over..
Looks like we might be in for another wild ride.
*Not trading advice*
Also not holding a position JUST YET. Might change Mon. (Will open a paper trade position to follow)
Cup and handleCup and handle base breakout with huge volumes, In a Stage 2
Stock is extended from key moving averages which is a concern, but similar patter is observed in the base, where the stock still surged upwards
shakeout in base as well
good EPS and sales growth in the last three quarters
Position sized 10%, bought at 294
Stop below days low
Not an investment/trading advise. Publishing for my own reference.
TWTR - Just cancel the deal alreadyRumors says the Twitter-Elon Musk deal is falling through. It should be a straightforward trade if it does. The stock has been trading in an undeniable descending triangle pattern. I have used previous supports as possible targets and outlined a stop loss above the most recent swing high. Lets do this!
reliance industries Big Moment for tomorrowNSE:RELIANCE tomorrow, we can see a big downside moment in reliance industries if it crosses the trendline, the trend is for the downside also volumes are high if it doesn't take retracement from the level around 2395 then either we will see a breakout for the upside moment, right now chart pattern formation is accending double top, we will see more candle formation on Monday morning so the figure will come out more clearly.
STCORP : 815% UP IN 2 MONTHSHELLO FRIENDS!
STCORP has proved itself as a MULTIBAGGER stock as per our analysis. It has given unbelievable 800% with 1:24 RISK - REWARD in just 2 months and going up with rising volume which is a great sign of BULLISH MOMENTUM. It should reverse around this level for 50% correction but if it does not reverse around this level, it may go higher to 3400 - 3500 level at which our profit may be massively 90x.
that is 9000%. This is not 100% but a probability. High probability for this level is for a correction.
SO LETS WAIT AND WATCH.
I hope you all are learning from my analysis videos -#POWER_OF_MOMENTUM
SRIRAM TRANSPORT FINANCE LTD-SWINGCompany-SRIRAM TRANPRT FINANCE LTD
Buy@ 1200-1250
Stop-loss:- 1100
Target 1:-1595-1600
Target 2:-1995-2000
Risk-Reward:-1:2.5/5
Probability of setup:-73%
Any suggestions are welcome
SILVER (XAGUSD) Key Level Ahead! Your Plan: 🪙
Even though Silver is very bearish, ahead is a strong confluence zone on a weekly.
The underlined yellow area is based on 618 retracement of a major impulse leg and a horizontal demand area.
To catch a bullish move from that, watch a falling parallel channel on 4H.
Your confirmation to buy will be its bullish breakout (at least 4H candle close above).
Then buy aggressively or on a retest.
Your target will be 20.16
If the price breaks the underlined area to the downside, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Electrical Car Company Tesla shorts Hi Traders,
The Electrical Car company Tesla (TSLA) Has started consolidating in a symmetrical Triangle, This could signal a continuation of the instrument. We had a strong impulse to the downside till 665.55 where price then stopped to give a pullback.
The pullback has created a lower high and then proceeded to form the triangle, I am now waiting for the completion of the triangle to see if price may indeed respect the upper Trend Line and give a push to break the lower TL.
If this does happen I will be waiting on price to retest the TL and support which will be enough confluence for me to enter a short on the stock.
This one could take a while to play out so be patient, My target will be at 500.
Renaldo Philander