orchidwings_14

orchidwings_14 Updated 

DOGE USDT Is moving sideways. taking trade on either break of support 2 or break of resistance 2 in which one order will cancel other.

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ETH USDT making inverse cup and handle indicating more downside price action.

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PIXEL USDT is making a bearish flag pattern which indicates more downside movement.

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US OIL making an inverse cup and handle. looks likes heading towards downtrend.

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LOTTE CHEMICALS made a double bottom with rsi divergence

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BTC USDT made an rsi divergence on two lower lows and break past last lower high on 1 hour timeframe. buying at market with sl and tp mentioned

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ARKM USDT making a double top with a divergence on rsi. expecting price to move downwards if price breaks the neckline.

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SOL USDT looks bearish. waiting for a close below s2 to take a sell stop @ 161.85. stop loss a close above support 1.

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GBPJPY seems like moving sideways hence taking trade on both sides to which if either one of the trade is executed the other trade will be cancelled. All entry along with tp and sl are shown on the chart

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BTC USD is moving in a sideways structure but seems like it will break on the upside. so keeping R1 as stop loss taking a buy stop order at the break of R2 level managing risk to reward as 1:1.

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NASDAQ US 100 is moving sideways on 1 hour timeframe, thus placing orders on both sides for buy stop in case price moves above the R2 level and sell stop in case price moves below S2 managing stop loss accorfingly.

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LINK USDT looks sideways thus taking trade on either side of the breakout. in this setup one cancels the other i-e if price breaks upwards than long order is triggered and short order is cancelled and vice versa.

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ARKM USDT is in range bound structure. Placing order on both sides keeping in view to either break above resistance or below support lines. in this setup one order will cancel the other if any of the mentioned level is triggered.

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ASX 200 looks bearish making a lower high after an uptrend.

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BNBUSDT made a new higher high after breaking its downtrend. taking entry on .318 fib and sl on previous lower high.

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Price made a new higher high and higher lower after breaking out from previous downtrend, therefore it is expected to move higher.

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NZDJPY is in a downtrend. marking a trendline on lower highs indicates the price will either touch the trendline and reject from there or will continue its downtrend from here. therefore we can see for a potential short trade.

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doge is making a series of lower highs and lower lows on 1 hour timeframe. drawing a trendline further confirms a downtrend is in play. drawing a fib from high to low also suggests a reversal near 0.318 retracement level, thus having more than one confluence taking a short position.