GBPSEK is now net long the regression break. I am considering this trade and what EA to use.
EURSEK is now net long on the regression break. I am not taking this trade.
#SPX SP:SPX levels to watch! 4600-4800 must hold or we could see 3400-3500 as our next major area of support!
Good Evening and I hope you are well. comment: I always refuse to interpret more into trading ranges than necessary. We have nested triangles. Just wait for the breakout. I have a bad feeling for bears, since today’s bad news could not push markets down, always a bad sign for bears. current market cycle: bear trend valid until bear trend line broken but trading range a bit more likely right now. At least on lower time frames. key levels: 16000 - 20000 bull case: Bulls need higher highs above 19000 to test 19250 and then the huge buy climax at 19384. If they get it, that means the bear trend line is broken and the bear trend is over and we will likely see a short squeeze for the ages. Huge day tomorrow. Invalidation is below 18740. bear case: Bears have to defend the bear trend line or they can just give up until we see 20000 or higher. Lower lows below 18600 would be a decent start tomorrow and next target then is 18750. Below is the elevator down to 18000 or lower. I would like a weekly close below 18000 very. much. short term: Neutral 18900 - 19000. Invalidation prices for both sides are clear. Be patient and wait for the big breakout. medium-long term - Update from 2024-03-16: My most bearish target for 2025 was 17500ish, given in my year-end special. W3 overshot it by 1000 points. Now my bearish bias is gone and I will wait how this unfolds. Big uncertainty for this year but I think this selling is overdone and big bois are buying with both hands below 17000. trade of the day: Shorting 19000 was good multiple times.
Yello Paradisers, are you ready for the next big #ONDOUSDT move, or will you be caught off guard by the next dump? Let’s break down what’s really happening here before it’s too late. ?#ONDOUSDT has been following a clear Elliott Wave impulse structure. After completing the 5th wave of the impulse move, we’ve now entered the corrective phase. So far, the A and B waves have already played out, and now the C wave seems to be on its way — likely heading toward a key support area around 0.8112. ?This support level is not just psychological — it also aligns perfectly with a well-respected ascending trendline, giving the level even more technical confluence. If buyers step in strongly here, this could be the launching point for the next impulsive bullish leg. ?However, if the 0.8112 zone fails to hold, there’s a high probability we could see a deeper correction — potentially down toward the 0.618 Fibonacci level. This would still be a technically valid correction and might attract even stronger buying interest. ?On the flip side, confirmation of bullish continuation would come once the pair regains momentum from the support zone and pushes towards the higher resistance levels. Watch closely for reactions in those zones — they will dictate the strength of the next leg up. ?The invalidation of this bullish structure would be confirmed if we get a candle close below 0.6967. This would mean a break below both the ascending trendline and the 2nd wave of the Elliott impulse — a clear sign to reassess the structure. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay sharp and follow the structure — it's unfolding right in front of us, Paradisers. MyCryptoParadise iFeel the success?
//@version=5 strategy("EMA Cross Strategy", overlay=true) shortEma = ta.ema(close, 9) longEma = ta.ema(close, 21) plot(shortEma, color=color.orange) plot(longEma, color=color.blue) longSignal = ta.crossover(shortEma, longEma) shortSignal = ta.crossunder(shortEma, longEma) if (longSignal) strategy.entry("Long", strategy.long) if (shortSignal) strategy.entry("Short", strategy.short)
Double top and multiple rejections in this 310-313 zone. Looking for a retest of 287 for the next key pivot point, and from that inflection watch PA to see if we test the critical level of 273 (lots of trading volume and buyer/seller conflict), or we can bounce off that zone forming a double bottom heading back to the 343 retest.. interested to see what transpires!
//@version=5 strategy("EMA Cross Strategy", overlay=true) shortEma = ta.ema(close, 9) longEma = ta.ema(close, 21) plot(shortEma, color=color.orange) plot(longEma, color=color.blue) longSignal = ta.crossover(shortEma, longEma) shortSignal = ta.crossunder(shortEma, longEma) if (longSignal) strategy.entry("Long", strategy.long) if (shortSignal) strategy.entry("Short", strategy.short)
We bounced back thanks to Trump's bullish announcements but we're right back up at major resistance and we're moving sideways. With major resistance, you want to see price cut straight through like a laser. You don't want to see price hesitating. A bearish geometric pattern leading up to resistance almost always rejects and retests the lows.
Market Structure: Currently moving in a zig-zag pattern, indicating potential consolidation or corrective phase within a broader trend. Entry Price: 0.6630 Target Price: 0.7250 Stop Loss: Below last swing low at 0.6210 Risk/Reward Ratio: Approx. 1:1.6 Trade Bias: Looking for a bullish breakout from the zig-zag range. Entry aligns with potential continuation if price breaks upward from consolidation. Disclaimer: This is not financial advice. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. Always do your own research and consult with a qualified financial advisor before making any investment decisions.