We have strong resistances and a rejection on the 4HRs timeframe just like I have shared in the previous chart, meanwhile if we zoom in to the lower timeframe, we could find some reversal patterns, a trend that has been broken, a break of structure to the downside has been formed, up from above we could see a point of interest, we could fill it and dump in my...
Hey guys! We'll be monitoring for the bears to get exhausted we've got a couple of exhaustion candles in the daily timeframe and in the lower timeframes price is consolidating. Reversal Bullish Scenario: Target 0.012 safely as 0.014 has turned into a possible supply zone so I only expect to see a slow recovery short term. 0.015 is the key level which had...
looking for shorts once it took the highs, ideally a deviation above this range, leaving the old high from earlier this year in tact, get in the range, leave the range to the downside with haste. that would be it, after that not sure see from there. Think they are under timely pressure kind of to make the push and dump before this weekly candle closes to have a...
BTCUSDT price has been experiencing upward movement toward the previous SELL IMBALANCE & LIQUIDITY VOID created by previous sharp SELL OFF , so it is wise to consider SELL around these levels Also price is reaching the BUY SIDE LIQUIDITY above previous EQUAL HIGHS at 32500 there are still strong UNMITIGATED SUPPLY LEVELS on the way and it is smart to consider...
Entry: when price clears 151.71 Volume: with daily volume greater than 13.30M Target: 167 area Stop: Depending on your risk tolerance; 146.62 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
Entry: when price clears 178.36 Volume: with daily volume greater than 6.35M Target: 206 area Stop: Depending on your risk tolerance; 169.17 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
* Daily timeframe: New low * Current timeframe: 1- Short trend when Swing Low (1) & EMA 21 under EMA 50. 2- Swing Low(2) is continue & High still under Swing Low (1). 3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss). a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)... b/ Wait to...
* Daily timeframe: Previous Higher Candle breakout. * Current timeframe: 1- Long trend when Swing High (1) & EMA 21 above EMA 50. 2- Swing High(2) is continue & low still above Swing High (1). 3- Opens a Buy with Stoploss at lowest price (Swing Low) between Swing High (1) & Swing High (2) (Rule to find Stoploss). a/ Moving stoploss when occurs Swing High(3),...
the price hits the resistance line which has been a launch pad for the price in the past many times. with candle shadows that apporoves the up trend.
price will have a fall then when hitting the trend lines will have an uptrend that we can use to enter for a long position.
The divergence along with overbought of this currency pair can have a good downward correction. What is the reason for this correction? We will wait for the data and speeches.
* Daily timeframe: New low * Current timeframe: 1- Short trend when Swing Low (1) & EMA 21 under EMA 50. 2- Swing Low(2) is continue & High still under Swing Low (1). 3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss). a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)... b/ Wait to...
1- Long trend when Swing High (1) & EMA 21 above EMA 50. 2- Swing High(2) is continue & low still above Swing High (1). 3- Opens a Buy with Stoploss at lowest price (Swing Low) between Swing High (1) & Swing High (2) (Rule to find Stoploss). a/ Moving stoploss when occurs Swing High(3), Swing High(4)(5)... b/ Wait to retest previous swing high if ratio of Reward >...
Price action analysis for USDJPY. Key levels & candlestick analysis. Trading plan explained. ❤️Please, support this video with like and comment!❤️
• NVDA is correcting today, however, it is still above its support line at $419.38, which was a previous top level on May; • Even if NVDA corrects to the 21 EMA on the daily chart, the trend would remain technically bullish; • The trend would reverse only if NVDA makes a new lower high/low - so far, it has been doing only higher highs/lows. Remember, trends...
"The Bank of England has hiked interest rates to 5 per cent in a further blow to homeowners struggling with spiralling mortgage costs. The rise, up from 4.5 per cent, is the sharpest increase since February – surprising economists who had been expecting a smaller increase of 0.25 percentage points – and sends interest rates to their highest level in 15...
GBPUSD looking Bullish due to price action making new HH and HL
And yes, I said "obviously" on the title to clickbait you. Nothing more than that. Haha. Anyways. Hey Traders! 👋 For Day 37/100 of our challenge, we will look at an update on our data-backed NZDJPY long idea we sent out two days ago Technicals: (update to tagged idea) - 0.97 pivot area successfully rejected - Made an impulse move to 0.882 - Expecting long...