Sideway range 22 - 28
An emerging Bearish Bat Pattern formation completes at 104.00. Although it is a nice Price Action Level, it may violate the sideway consolidation upper-trendline. That being said, on the 1hour chart, it can have the bearish bat formation and not breaking the integrity of upper trendline as long as the market turns and close below the trendline before the close of...
Well, I've told you there's no need to panic for crab pattern, it usually has a retest of previous low before it took off. The structure of this trading setup is also known as a sideway consolidation, although the highs(resistance) and lows(support) are not too far apart(which will affect our income potential), it is still good for meal money. Well, in the short...
Trade Review on EURUSD Sideway Consolidation. A real trader shows you his analysis and what he sees on the market movement before it happens. Insta-Trader shows you how much he earns but never have shown losses, even the earning is true, it doesn't help you to benefit from it. This trade idea was shared to you on Xmas, if you have been following us, there's no...
On the 4-hourly and daily chart, EURUSD displays a bullish trend, but on the 1-hourly chart, it has a sideways consolidation. Having my trading bias towards the upside, I would prefer that the market break and close above, and I can resume my bullish trade, but the truth about trading is that the market doesn't care what's your preference and it moves the way it...
If the current candle closes the way it is, there is a potential shorting opportunity for traders who are bearish on UK Pound. Let's see how the candle form up at 1800hr(+8GMT)
In the market, one thing for sure when there is a consolidation there will be an expansion. Right now we have a sideway consolidation on USDJPY, I'm waiting for the breakout of the trendline to assume the trade in its direction. What's amazing that the technical chart shows an alignment of what's happening in the US election. It seems like we will have a...
In Uptrend, at bottom of sideways; Entry 76 Stop 69 Target1 97; reward:risk=3:1 Target2 130; reward:risk=7:1 Earning date 10/28/2020 4 PM I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Sideway consolidation spotted on GBPUSD. One thing for sure, an expansion will follow. What's interesting is that the market pause at the mid-point of the sideway consolidation. Any decision of trade intervention happens when the market touches the bottom trendline. Short Trade already in a Risk-Free Trade
this is haidojo and the number is 172... after some bearish-engulfing pattern in candlesticks yesterday dan a fall close to 70pts. Today, fcpo-dec resumes its fall to close to 2900... however, it is still indecisive whether the market has reversed its trend or juz a mere correction after hitting a major resistance region of 3100-3130...the support of 2800 must be...
this is 123 frm haidojo trading...FCPO-OCT is showing a sign of sideway market...with new support level formed at 2720... we need to wait for breakout abv 2810 or the immediate support at 2720 to have a confirmation... resistance : 2790-2806 current support : 2720 support : 2670 -2630 lower support : 2560 (now the critical indicator for bull/bear) ...
The market after being in a sideway movement for a long time is now breaking to the upside the daily resistance. On the daily chart we can see the false break out attempt to the downside before the market start the move up. At the retest of the structure we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618...
the detail is shown on the above Idea. this Idea is in Continuation of my Confirmed Previous Idea.
The key zone is around 10 - 11.000. This is what I called as a bull trap in the related idea and the situation is absolutely the same. So I expect one more upside movement to the trap zone, what's more, I would like to see even a failed breakout, and then after a huge reversal. Before this, the falling channel should break upward and then open the space for...
sideway since 3rd June 2020...market more bias to trending to the downside, but as long as the competition of bull and bear has not shown any edge over the other, sideway market will continue... resistance level : 2380 -2420 support level : 2300 -2320 if you trade trend, this is the time you "die"...either by the untrending pattern or because of boredom...
The reversal from mentioned bull trap resistance zone(in the related idea) looks a little bit weak. Not that clear what I like a lot but after that, the sideways correction seems clear, so downside pressure should come soon. Minimal target around 8000 with the same level of the wave A but if there will be strong momentum, then the target may be further away up to...
Hello guys! So, ETH is bearish now, right? Actually, in my opinion, no. This seems to be just a sideway trend, and ETH is moving erratically between its supports and resistances, which is perfectly normal, after a bullish move, and that’s all. As I said in my last analysis, I booked my profits yesterday, and now I’m just waiting for the next move. If you missed...