Seeing SR FLIP, which is the first manipulation. Price formed R1 and R2 ( Double Top ) , which means big traders will be SL hunting all the retail traders. Waiting for price to do compression. Then sell at my sell zone.
Price is making manipulation to the upside and is now heading to the key level. I will be looking to short. But the key level has been tested twice now so I will be looking closely at the key level. If there was a reversal pattern on a smaller TF. I will look to short with SL not more than 15 and rewards more than 30 TP. 1:2 Ratio or more. Tell me what you think.
Trend is still looking bearish , after a correction and price reached the supply zone. I am seeing a possible short with again 1:3 RnR. When you reading this , I have already taken a short with demo acocunt, almost hit my SL by 3 pips though. Thank you for reading.
I am still currently trading on demo account. Price is at resistance right now am seeing a possible push to the supply zone. Will be looking to short with SL at 25 PIPS with TP at least 60. 1:3 RnR. Will be appreciate if I can receive some comments!
The price broke the demand zone and didnt manage to go all the way down to the next demand zone. Instead it went up and hit our supply zone and now ready for another fall. 2 signals that gave me to enter a short position on this one. 1) Price Action 2) Down Trend Line.
Price broke up the down trend but got hit back down. Price might go up til the downtrend line then continue back down. Anyone seeing this as well? I would like to know how do the others look at the chart today.
For the last 2 days, EURUSD has the momentum to go up again and it kinda looks like its retracing. So its definitely not a good time to buy even though buyers have the control right now. After the retracement, an inverse head and shoulder can be seen and ready to go all way up to 1.172 zone.
Reached support area, and a green bull candle has been formed. based on my double bollinger band, I would have gone long but this pairing has been ranged for few candles.. I would wait for a breakout to the upside.
Resistance as you can see from the left side, a rejection from the previous bar, giving me a better confirmation to enter a short. SL above the resistance 30PIPS TP, support area. Please do give me your opinions as well.
Trend line on 4 hour is broken and will the market becomes range or going down.
Waiting for it to break the resistance and go for long. Trend line acts as a very good support line, and the triangle pattern is forming nicely. I would go for long after the pullback on next support when resistance broke.
Hello everyone, newbie trader here. And this is also my first post on tradingview. I would like to hear opinions from here.